Property Management Company in Salisbury, MD

[Vamsee Lella]

Hi folks,  

If you are in the Salisbury, MD area and have used a property management company to manage your rentals and have been pleased with their service, kindly let me know. I have a house that I plan to make it a rental and looking for a property management company.

 I have looked up a few on the web and yellow pages and plan to call them tomorrow.

Any pointers are appreciated. 

[Jessica Hanyok]

Hi @Leonard Rybak!

We did acquire more properties since the last time I posted on this thread. Not really sure what successes/failures/cautions I can help provide insight on. However, it seems rental prices are still high but plateauing, and I know there is an influx of rental supply coming soon. However, whether or not the new construction rentals will reduce the current high rental rates is a story yet to be told. 

Right now its the same story of supply vs demand. There is little supply, thus creating high demand and allowing the "supplier" to choose their pricing. The new construction prices I've heard, are not any lower than current market rents, but those that can afford the slightly higher rates for newer/nicer commodities will, of course most likely take the option and in turn create a competitive pricing structure for the "not so new" homes in the area. The point I am trying to make is what you've already heard. Supply is limited (right now), but buy in a nice area, make the home a place you could see yourself living in, and buy it right to price it at a conservative rate if needed.

Not sure if I even helped answer your question or put your mind at ease. Nevertheless, feel free to reach out with any other questions you may have. Happy to help!

- Jessica