Philly's Dining Scene During COVID-19 - GM Holdings

Philadelphia: A Fresh Start for New Yorkers

Mon, 24 Feb 2025 14:53:17 GMT

Discover how Philly's affordable living, expansive neighborhoods, and rich cultural experiences offer New Yorkers the perfect fresh start.

New Yorkers are increasingly turning their sights to Philadelphia as the city of choice for a fresh start. With affordability, cultural vibrancy, and ample space on offer, Philadelphia is quickly emerging as the ideal destination for those looking to leave the hustle and high cost of New York City behind. A recent study highlights this migration trend, noting that the City of Brotherly Love now tops the list of preferred relocation spots for New Yorkers [cite https://streeteasy.com/blog/who-might-be-moving-to-nyc-in-2025/].

Why New Yorkers Are Flocking to Philadelphia

The reasons behind the migration are both compelling and diverse. First, the cost of living in Philadelphia is significantly lower than in New York City. Rent and property prices are more affordable, which means residents can enjoy larger living spaces and more amenities without breaking the bank. For many, this is a welcome change from the cramped apartments and exorbitant rents found in Manhattan.

Another key factor is the lifestyle. Philadelphia offers a balanced blend of history, modern amenities, and community spirit. Unlike the fast-paced environment of New York, Philly provides a more relaxed pace without sacrificing the cultural buzz and urban conveniences. This mix of old-world charm and contemporary appeal makes it an enticing option for those ready for a change.

The Affordability Advantage

Affordability is one of Philadelphia’s strongest selling points. With a lower cost of living, residents can afford to live in neighborhoods that offer more space, greenery, and a stronger sense of community. This financial breathing room allows for a higher quality of life—think larger apartments, family-friendly neighborhoods, and more disposable income for leisure activities and local dining.

A study from StreetEasy points out that as New Yorkers seek out areas with a better cost-to-space ratio, Philadelphia naturally emerges as a top contender [cite https://streeteasy.com/blog/who-might-be-moving-to-nyc-in-2025/]. For many, the move means not only a change in scenery but also a chance to upgrade their living situation without the financial strain.

A Thriving Cultural Scene

Philadelphia boasts a rich tapestry of cultural experiences that rivals even the most celebrated cities. From world-class museums and historical landmarks to a dynamic food scene and vibrant street art, there’s always something to explore. Neighborhoods like Fishtown, Rittenhouse, and Old City offer eclectic dining, art galleries, and boutique shopping that appeal to both longtime residents and newcomers.

The city’s calendar is filled with festivals, concerts, and community events that foster a sense of belonging and celebration. For New Yorkers accustomed to a city that never sleeps, Philadelphia provides a refreshing change—a place where life is celebrated both day and night, yet without the constant rush.

Expanding Job Market and Business Opportunities

Beyond lifestyle and affordability, Philadelphia is also gaining attention for its robust job market and business opportunities. The city is home to several thriving industries, including healthcare, education, technology, and finance. This diverse economic base provides stability and growth, attracting professionals who are ready to take the next step in their careers.

For entrepreneurs and investors, Philadelphia represents a city on the rise. With significant redevelopment projects underway and a renewed focus on local business growth, the opportunities for investment are abundant. This economic vitality not only benefits those who move here but also contributes to a rejuvenated community spirit that permeates every neighborhood.

Real Estate Market Trends in Philadelphia

The influx of new residents is having a noticeable impact on Philadelphia’s real estate market. Landlords and property managers are witnessing a surge in demand for quality rental properties, particularly in neighborhoods that offer easy access to transportation, cultural landmarks, and local amenities.

This demand has spurred innovation in property management and renovation, as property owners seek to meet the high standards of a discerning new demographic. Whether you’re a renter looking for your next home or an investor aiming to capitalize on market trends, now is an exciting time to be involved in Philadelphia’s real estate scene.

The Allure of Community and Neighborhood Charm

One of the greatest appeals of Philadelphia is its strong sense of community. Unlike the often impersonal environment of a mega-city like New York, many Philly neighborhoods exude warmth and friendliness. Local coffee shops, community centers, and neighborhood events all contribute to a network of support that helps newcomers settle in more quickly.

For those moving from New York, this community-oriented atmosphere can be incredibly attractive. It’s not just about finding a place to live—it’s about joining a neighborhood where residents look out for one another and celebrate local culture. This community vibe plays a significant role in why more New Yorkers are choosing to call Philadelphia home.

GM Holdings Management: Your Expert Partner

At GM Holdings Management, we understand the unique challenges and opportunities that come with relocating from New York to Philadelphia. Our team specializes in property management and rentals, offering personalized guidance to help you navigate the local market with ease. We stay on top of market trends and community developments so that you can make informed decisions about your new home.

Whether you’re looking for a rental property in a bustling neighborhood or a quieter locale with more space, our experienced professionals are here to assist. We take pride in our deep knowledge of Philadelphia’s real estate landscape, ensuring that your transition is as smooth and stress-free as possible. From initial property searches to finalizing your lease, we’re committed to helping you every step of the way.

Navigating Your New Beginning with Confidence

Relocating to a new city can be both exciting and overwhelming. At GM Holdings Management, we believe that every move should be a positive step toward a better quality of life. With our comprehensive support, you can approach your relocation with confidence, knowing that expert guidance is just a phone call away.

We’re not just about finding you a rental property; we’re about helping you integrate into the Philadelphia community. Our local insights and tailored services are designed to meet your specific needs, ensuring that your move is the beginning of an exciting new chapter in your life.

A City of Opportunity and Renewal

Philadelphia is more than just a relocation option—it’s a city of opportunity. The blend of affordable living, cultural richness, strong community ties, and a thriving job market creates an environment where new beginnings can flourish. For New Yorkers looking for a change of pace, the benefits are clear: a vibrant urban setting without the high cost and congestion of New York City.

As more New Yorkers discover the advantages of Philadelphia living, the trend is set to continue. With its unique combination of affordability, culture, and community, Philadelphia is quickly establishing itself as a top destination for those seeking a fresh start.

If you’re ready to explore everything Philadelphia has to offer, let GM Holdings Management be your trusted partner in this exciting transition. Contact us today to learn more about our services and discover how we can help you make the move with ease and confidence.

Tips For Transforming Your Rented Living Space

1948337 (Unknown Contact) — Mon, 23 Sep 2024 17:38:09 GMT

Many tenants consider a rental an impermanent living situation, but that doesn’t mean they don’t want it to feel like home.

More to the point, “impermanent” has many meanings.

Sure, you might not want to rent from now until the end of time. Still, the correct situation in an ideal location with a fabulous landlord or property manager could lead to a long-term living scenario.

It only makes sense that you want to make your rental your “castle” like any future home you may own.

Yet, there are some mitigating factors to overcome.

For example, you don’t have free rein in a rental like a homeowner does.

If you own a house, you can virtually destroy the place with a wrecking ball and rebuild—so long as bylaws and your local HOA allow it.

You don’t have the above luxury as a tenant in a rental unit.

Nevertheless, you still have plenty of freedom, provided you aren’t doing anything too drastic.

While you can’t do a full-on renovation, you’d be surprised at all the affordable and seamless things you can do to make your rental feel more like ‘home.’ We’ll discuss many of those options below:

Everything Starts With A Plan

You can set up your decor and other accouterments ad hoc and make it up as you go, but such efforts could prove futile if you overstuff and don’t correctly optimize the space.

Instead, we suggest measuring and mapping out your rental unit to fully grasp the dimensions you’re working with. Ironically, making these measurements will make your life immeasurably easier as you turn your rental unit into a comfortable living space.

Then, find all the natural light sources (e.g., windows and doorways).

Take the time to note architectural features, like archways, cabinets, shelves, mantels, archways, and recessed areas (e.g., display alcoves, built-in shelving, and indented wall spaces).

Lastly, weigh your lifestyle needs against your aesthetic preferences—try to find a way to mesh function and form. For example, do you require a lot of workspace? What about storage areas or a den for relaxation?

You’ll also want to consider how open your unit is and whether you’re optimizing freedom of movement.

Keep Your Rental Unit In Tact

There are limits to decorating and stylizing when you’re renting. Generally, your landlord won’t let you do anything dramatic that changes the unit's structure, nor should you—for instance—paint the drywall without permission.

Fortunately, plenty of decorative and design choices will not upset your landlord and will not permanently alter the unit’s structure or appearance.

A favorite option of ours is removable wall decor. You can add posters, fabric wall hangings (e.g., tapestries, textile art), peel-and-stick murals, removable wallpapers, mirrors, etc.

You can also add temporary flooring, such as rugs and interlocking tiles. Additionally, table lamps and string lights can add a personal touch to your rental unit.

Adding More Of A Personal Touch

Once you get into the nitty-gritty of stylizing your rental unit, you’ll realize it doesn’t take much to make it feel like your castle.

You don’t need to reinvent the wheel or convince your landlord to re-paint or remodel. It’s all about the little touches you can add that personalize and make your unit into everything that’s ‘you.’

Here are some examples to add a further personal touch to your rental space:

Get funky with textiles (e.g., blankets, curtains, and throw pillows). Or, you can make more traditional choices with those items. Either way, you can choose what textiles best represent who you are and what will make you feel most at home.
Spruce up the space with plants and greenery, which can add vibrancy and color to your unit, boosting your mood and sense of ownership.
Nothing says ‘personal’ quite like displaying your keepsakes and trinkets, such as your cherished artwork, collectibles, and photographs.

Affordability Has Never Been So Stylish

You don’t need to spend a fortune to decorate your rental unit with panache and flair. If you're crafty, you can find items on the cheap (or for free).

We first suggest maximizing the decor you already might own and seeking hand-me-downs from your relatives.

If the above option isn’t viable or close to enough, it’s time to scour every nearby thrift store for frugal items with hints of cachet.

You can also repurpose old furniture and transform unwanted items into decor, such as wood pallets, cardboard packaging, worn shutters, old toothpaste tubes, and tattered clothing. You’d be amazed at where a bit of creativity can take you!

Also, online platforms, like Craig’s List, are often jackpots for used, affordable—and sometimes free—decor. As the old saying goes, one person’s trash is another’s treasure.

Playing By The Rules

Everything we’ve suggested shouldn’t land you in any hot water with your landlord, but it’s always better to be safe than sorry. So, read your lease agreement and brush up on local bylaws to ensure you’re not decorating in a manner that could cause you grief.

Moreover, if you’re unsure about something, speak to your landlord or property manager. They’re in the business of keeping you happy as much as you’re responsible for paying rent on time. And an open line of communication will only bolster your relationship in the long run.

Conclusion: Temporary Living Should Still Be Comfortable Living

You’re a renter, not a nomad. You don’t necessarily want to jump from soulless living space to soulless living space.

On the above note, your rental unit ought to feel like your home—your castle—and there’s no reason it shouldn’t.

After reading the tips we’ve provided throughout this article, you now know how to stylize your rental unit affordably while adhering to the rules of your lease. With this valuable information, your living space can feel more like home without rankling any feathers or breaking your budget.

There is one caveat to everything we’ve said—you need to move into the right rental unit in the first place.

More to the point, any renter in the Philly area will find their ideal living unit by working with GM Holdings. Our listings are the tops in the city—so explore them today !

Experience The Ultimate Philly Food Tours You Can't Miss!

Wed, 14 Aug 2024 02:17:29 GMT

Whether you love hoagies, cheese steaks, vegetarian meals, gourmet selections, international cuisine, or everything in between, Philly has it—and it tastes great.

To the above point, Philadelphia was listed as one of the US’s top ten foodie cities. With food corridors in neighborhoods like Chinatown,13th Street/Midtown Village, Old City, and Rittenhouse Square, Philly’s cuisine options are as plentiful and diverse as they are delicious.

However, with so many options comes complications. How do you decide where to go and what to eat when almost everything tastes so good?

Even if you visit one particularly astonishing restaurant, you might feel like you’ve missed out on another.

The solution? A food tour.

This way, you can sample Philly's best culinary offerings, covering immense ground while exploring one of America’s most historically rich and aesthetically pleasing cities.

Read below and learn about an array of exceptional food tours you won’t want to miss in Philly.

The Two-Hour Philly Cheesesteak Tour

We know Philly’s relationship with the cheesesteak borders on cliche. However, cliches exist for a reason. Cheesesteaks are delicious, and we’re proud of them—it’s not difficult to understand.

There’s a flip side to our cheesesteak coin, though.

When your city is famous for a dish, it becomes challenging to find the best choices since so many options exist. While many brilliant cheesesteak joints are out there, you can just as easily run into a sub-par pretender.

Fortunately, the Two-Hour Philly Cheesesteak tour allows you to sample the local delicacy at Pat and Geno’s and Market Street—two spots where you’ll encounter the real deal. Believe us, your taste buds will thank you.

Cheesesteaks aren’t the only attraction of this tour. You’ll hear tales about the revolutionary era and pass through the city's most dynamic, compelling parts, including Chinatown, Center City, the Italian Market, Society Hill, and more!

Book your Two-Hour Philly Cheesesteak Tour today.

Flavors Of Philly Food Tour

This 2.5-hour culinary walking tour takes you to five distinctive eateries, where you can enjoy local favorites such as soft pretzels, tomato pie, and cheesesteaks. You’ll also enjoy two desserts at the Reading Terminal Market.

During this tour, you will get the lay of the land and gather insider restaurant suggestions, guiding your future culinary experiences across the city.

Book your Flavors of Philly Food Tour today .

South Philly Italian Market Food Tour

Along a patch of 9th Street in South Philadelphia is one of the US’s oldest and biggest outdoor markets, the Italian Market.

Created in the 1800s, this legendary stretch of restaurants, butchers, bakers, and specialty shops is the robust backbone of the historic South Philly neighborhood.

A popular destination for locals and tourists, South Philly’s iconic Italian Market is also the site of a walking tour.

Your guide will show you around the collection of fragrant bakeries, vibrant fruit stalls, and eclectic stores. Plus, you’ll get to scope hidden alleyways brimming with mind-boggling street art.

Lastly, enjoy samples of several one-of-a-kind dishes as you stroll, including tacos, tomato pie, and cannoli.

Book your South Philly Italian Market Tour today !

Reading Terminal Market Tour

Philadelphia’s Reading Terminal Market is a city staple and a must-see attraction.

Boasting a rich history and multigenerational cooking styles, Reading Terminal Market is home to the food of 80-plus merchants and the resulting diverse, mouth-watering scents.

The 45-minute tour begins with a trademark Philly snack from a merchant before your expert guide leads you to must-see spots and bustling aisles. Your guide will also tell captivating stories connected to the Market’s history.

The (almost) daily tour ends with an Amish-inspired treat for you to take home.

Book your Reading Terminal Market Tour today!

StrEATS of Philly Food Tours

Jacqueline Peccina-Kelly (or Chef Jacquie) leads four separate food tours in South Philly. The options include an Italian Market where you hit Isgro Pastries, Biedermans, DiBruno Bros, and more.

She also offers a BYOB Italian Dinner Tour that starts on East Passyunk Avenue, where you’ll hit bustling hot spots like Laurel and Le Le Virtù.

Another option is Chef Jacquie’s Multicultural Tasting Tour, which begins at Le Viet and heads to Little Saigon, Puebladelphia, and Bella Vista. You’ll also get a lamb taco at South Philly Barbacoa.

Book a StrEATS of Philly Food Tour today!

A Taste Of History Food Tour

Run by Founding Footsteps, the Taste of History Tour lasts three hours and combines good food with mini Philly food history lessons.

You’ll begin at La Colombe Coffee and visit Old City, Chinatown, the Italian Market, and Reading Terminal Market.

Furthermore, your guide will take you on a brief walk through each neighborhood, including multiple food stops, before getting back on the trolley.

Along the way, expect to hit Di Bruno Bros, Campo’s, Dim Sum Garden, Isgro Pastries, South Philly Barbacoa, Federal Donuts, and John’s Water Ice.

B ook your Taste of History Food Tour today!

Philadelphia Hops And History Walking Tour

During the Hops and History Walking Tour, you’ll explore Philly’s Spring Garden neighborhood as a local beer expert shows you all the local breweries.

This picturesque neighborhood near Museum Row has existed since the 1700s and offers plenty of history and excitement. It’s also home to various breweries, with gorgeous murals filling the streets.

Every stop includes delicious craft beer and a local snack to keep you fueled and satiated during a memorable four hours.

Book your Philadelphia Hops and History Walking Tour today!

Veg Jaunts And Journeys Tour

Did you know that the vegan and vegetarian movements were born in Philadelphia?

The Veg Jaunts and Journeys Tour celebrates the above fact with a comprehensive tourist experience that includes the following:

A curated tasting at the American Vegan Center.
A private tour of Magic Gardens.
A Murals street art tour.
Historical walking tours.
A cooking demo with Fran Costigan.

We’ll point out how this caters more to tourists than locals, as it lasts several days and includes accommodations. However, suppose you have friends or family from outside Philly who live vegan or vegetarian lifestyles. This tour might make them fall in love with the City of Brotherly Love.

Book your Veg Jaunts and Journeys Tour today!

Take Advantage Of Philly’s Vibrant Culinary Scene By Booking A Food Tour Today!

We surmise that you don’t truly understand a city's history and people until you experience its food. Through food, we learn about culture and find common ground. We grow closer to each other because deliciousness and appreciation for diverse cuisine are universally shared experiences.

Philly is a town with culture, personality, pizazz, and panache. Our bustling food culture reflects these traits and then some.

Whether you’re a local, a tourist, or someone moving to Philadelphia, embarking on a food tour is one of the most straightforward and enjoyable ways to fall in love with the city. You gain a kinship with the area through the unique flavors and the stories that brought them to life.

Do you have any further questions about the local Philadelphia scene? It doesn’t have to be about food tours—it could be about the most liveable neighborhoods and the best available living spaces. In fact, if you have any questions about living—specifically, renting—in Philadelphia, contact GM Holdings with your queries, and we’ll be happy to answer!

Find The Perfect Pet-Friendly Apartment In Philly

Fri, 26 Jul 2024 17:22:02 GMT

One can’t overlook the value of pet-friendly apartments. For some apartment rental shoppers, they can seem like rare diamonds.

Many landlords and property managers aren’t open to pets in their units. On top of that, not every space is ideal for having pets—even if your landlord likes pets.

As you search for an apartment for you and your furry companion, you’ll realize the many factors to consider, from geographical location to space to what your animal buddy will respond best to.

Also, when looking for an apartment that’ll house you and your dog or cat, you’re making a living decision for all parties, not just one. Their well-being is as much of a priority as yours—after all, they’re your fur baby.

This article will further explore the benefits of pet-friendly apartments, and we’ll provide pet-friendly listings that are ideal for living with animals.

The Importance Of Finding Pet-Friendly Apartments In Philadelphia

A long, arduous search for pet-friendly apartments in Philadelphia might have led you here. As such, you might be considering giving up. In other words, it could’ve entered your mind to give your pet away so you can finally have a place to live without the added concern.

However, an ideal living space must support your lifestyle. Imagine living every day without your fur baby by your side—it is rare that affordable rent and a prime location are worth losing your best buddy in the whole world.

Some might say holding your animal friends too tightly isn’t pragmatic. Yet, science speaks to the value of having pets in our lives, citing psychological benefits, such as:

Increased social support.
Reduced loneliness.
Boosted mood.

More to the point, rental units across Philly—of high-quality and affordable pricing—are available for you and your pet. You aren’t limited to spaces that won’t allow you to live how you want and with whom you wish to live.

The listings below speak directly to the above paragraph. Each is a top-notch rental unit that aligns price points with quality and pet-friendliness.

1810 E Venango St - 504, Philadelphia, PA 19134

This spacious two-bedroom and two-and-a-half-bathroom apartment is 1,241 square feet, which means plenty of room to move for you, your potential human roommate, and your furry friend.

A stunning modern apartment, the $2,800 monthly rental price is a bargain considering everything it comes with, which includes:

Sleek, stainless steel appliances that equip the kitchen.
Gated parking and the peace of mind in knowing your car’s secured.
A rooftop area that offers you a broad view of our beautiful city.
A new 55-inch TV

If you apply now , you and your adorable pet pal can enjoy a free month in this exceptional unit!

1640 N 2nd St - Philadelphia, PA 19122

In the heart of Philadelphia’s renowned 2nd Street, this cozy two-bedroom condo offers charm, convenience, comfort, and two and a half bathrooms.

This apartment, in particular, embodies the phrase, “location, location, location!” Live here, and you’ll be smack-dab next to Fishtown, one of the trendiest neighborhoods in the City of Brotherly Love.

Even better? You—and your furry friend—will benefit from the tranquility and relaxation offered by this highly desirable unit’s private backyard. Here, you can unwind after a long day in the fresh air while your pet runs around and stretches their legs.

This two-bedroom condo includes abundant amenities, including water, ensuring a living experience that minimizes stressors and offers a prime location. The $2,200 you’d pay monthly for rent is a steal, especially if you live with a roommate (aside from your furry, puffy-tailed one). Apply now —don’t miss out on the incredible opportunity to live in this charming space.

3564 Ruth St - Unit 2, Philadelphia, PA 19134

If you move to this cozy, one-bedroom, one-bathroom apartment with your loyal pet friend, you’ll benefit from modern amenities and a convenient location.

The interior of this unit is highly sleek and stylish, an aesthetic bolstered by stainless steel appliances.

Enjoy the privacy and security offered by this second-floor unit in a building only a fifteen-minute drive from Cherry Hil, NJ. This convenient location provides seamless access to nearby entertainment, dining, and shopping options.

Aside from its pet-friendliness, this apartment’s perfect intersection between quality and price makes it most attractive. This unit only costs $1,600 for optimal comfort and accessibility. Apply today to take advantage of this living opportunity!

Bonus Listing: A Pet-Friendly Commercial Space - 1810 E Venango St - LL02, Philadelphia, PA 19134

Enjoy two months free in this spacious business unit, which includes the following amenities:

Common kitchen.
Common bathrooms.
A convenient water fountain and filter combination.

What’s more? This highly affordable, $1,200 per month business space is pet-friendly, a growing trend among companies across the city. Bringing our furry friends to work makes our jobs feel like home, improving our quality of life and driving productivity during busy days.

Again, we’ll mention that the offer for this commercial flex space includes two free months— apply today , schedule a tour, and capitalize on this limited-time offer!

Prioritizing Your Pets In Your Apartment Search

You’re doing the right thing by considering what’s suitable for your pet during your apartment search. You bought or adopted your dog or cat for a reason: because you desired a furry companion and wanted to provide them with a loving home.

Fortunately, GM Holdings is with you every step of the way in trying to find the best possible living space for you and your pet.

We appreciate that every client has unique needs, and we’re willing to work with you to find a rental unit that will bolster your and your pet’s quality of life.

Once you let us know about your pet-based needs, we’ll work tirelessly with you to find relevant units with viable amenities and quality locations.

Put Your Pet’s Needs First With GM Holdings

With GM Holdings by your side, you’ll promptly find an ideal living space that suits your lifestyle and the needs of your four-legged, bushy-tailed companions.

Tips to Maximize Apartment Space

Mon, 13 May 2024 02:34:03 GMT

Is your apartment space at a dire premium?

Are you knocking over vacuum cleaners or stubbing your toe and busting your kneecaps off jagged furniture edges every second day? Are the walls closing in on you, suffocating you, as though your dwelling is shrinking with each passing minute?

Take a breath, reassess, and remind yourself that your claustrophobia is only your here and now and won’t be your forevermore, especially after reading our article.

And, no, we’re not saying call a realtor and start looking for a three-story colonial palace.

Rather, you can make immediate changes that maximize your apartment space to its fullest extent, dramatically increasing your productivity, comfort, and—yes—your mood. All you need to do is follow our tips below, and you’ll go from living in a shoebox to a penthouse, all without leaving your rental unit.

Assess Your Furniture And Adjust Accordingly

Furniture isn’t always at the heart of an apartment’s issues with dwindling space. Clutter could be the primary culprit, and in many cases, it is.

However, you’ve got to apply logic to your problem-solving, and logic dictates that furniture—by its nature—takes up the most space. Thus, you must explore potential alternatives exhaustively, even if you’re besotten by your decor.

First and foremost, it’s time to consider multifunctional and space-saving furniture. The following options ensure your apartment's decor provides optimal comfort while preventing clutter:

A storage ottoman with inner compartments will help declutter and clear space, giving you space to store clothing, linens, and other accessories.
When space is limited, having a separate sofa and bed is inefficient and superfluous. Thus, if you’re a studio apartment dweller, you should invest in a sofa bed so you can enjoy a good night’s sleep without waking up feeling cramped and squeezed in—once you fold your bed back into its couch form. Similarly, a Murphy bed that folds against the wall provides additional floor space, so you can do yoga, play video games, or do whatever you please with unabashed freedom of movement.
Your coffee table need not only be a welcoming surface for your beloved morning cuppas. Many options on the market have storage shelves underneath for decorative items, books, and magazines. In the same vein, consider a compact work desk with built-in cabinets, drawers, and shelves for your stationery supplies and personal documents.

Other useful options to consider:

Nesting tables.
Modular shelves.
Furniture with hidden storage.
Lightweight foldable chairs.
Step stool with a storage compartment.

Once you’ve decided on your new furniture, assess the general flow to ensure it jives seamlessly with space optimization.

Vertical Space: Every Apartment Owner’s Secret Weapon

Space isn’t simply what’s in front or behind us; it’s also what’s above us. As you aim to leverage your space, don’t limit yourself to stagnant horizontal thinking; it’s time to kick things up a notch with a more vertical perspective.

Additions to your apartment, like over-the-door hooks, wall-mounted shelves, and tall cabinetry (e.g., bookshelves), all utilize your up-and-down space to its fullest extent. This way, you aren’t wasting any inch your apartment offers.

Are there any stairs in your apartment? If so, maximize this vertical space with step baskets and built-in drawers to store books, shoes, and other potential forms of clutter.

Search For Your Hidden Gems

Your space is your space. While you can undoubtedly maximize it with creative and strategic thinking, you still must play the cards you’ve been dealt. You can’t magically wave a wand and add an extra 500 square feet to your unit.

None of this is to discourage you—if anything, it’s a rallying cry, a call to action.

You need to delve into your apartment's labyrinth and assess it from all angles. Common “gold mines” of space are furnace rooms, the area under your bed, linen closets, and so on.

You can bolster those “hidden gems” of space with carefully purchased items like under-bed storage bins, closet organizers, and portable utility carts for your furnace room.

Turn Your Bathroom Into A Free-Flowing Paradise

Your apartment might not be a single-standing ‘house,’ but it’s no less your home, and your home is a castle.

If your apartment is your castle, your bathroom is your paradise of solitude—your most private area where you can just…relax and be you.

Harnessing a restroom’s unique sense of freedom becomes much harder when grooming, hygiene, and beauty items are strewn all over the place. Purchasing a vertical shelving unit (potentially located behind your toilet) gives you an area to store all these items without them overruling your lone place of sanctuary.

Also, door-mounted (or wall-mounted) hooks are a must for your wet towels, lest they pile up on the floor and rob you of precious spaciousness. Adding wall-mounted shelving units to your shower can also prevent your bathroom from being overrun by a sea of shampoos, conditioners, soaps, and face washes.

Clearing the clutter in your bathroom is crucial, as it's often one of the first places you visit in the morning and your last pitstop before bed. Ensuring the space is welcoming and free-flowing will ensure each day starts and ends on the right note.

Getting Down To Brass Tacks: It’s Time To Declutter

This tip might be difficult for sentimental apartment owners yearning for more space, but it’s a salient piece of advice. You have to declutter.

Often, people will explore every avenue of maximizing their space before getting to the nitty-gritty of getting rid of the things they don’t need.

We grasp that minimizing your possessions isn’t easy. Even if you’re not sentimental, eliminating clutter is daunting, and the very notion of it is conducive to rampant procrastination.

You still need to declutter, though.

If you can’t do it alone, consider deputizing a friend to help you and creating an action plan together. You can also consider hiring a trash or clutter removal company to further streamline the process—many services cater to these needs.

Lastly, we must stress the importance of compartmentalization. Highly cluttered apartments will take time to separate the wheat from the chaff entirely. Break it into smaller chunks and steadily eat away at the mess.

The Power Of Perception: Harnessing Lighting To Maximize Apartment Space

Space–or at least our perception of it—can be an optical illusion, but the magic can most certainly be palpable and real. Apply this form of delightful sorcery to maximize your apartment space with these lighting tricks:

Use table lamps, string lights, and floor lights to foster an expansive and cozy atmosphere. Avoid standard overhead lighting options; they’re harsh and make your space feel smaller.
Warm, soft lights lend a sense of spaciousness to your home.
LED light strips under furniture and along the baseboard will provide depth, adding to the “illusion” of broader living space.
Carefully placing mirrors throughout your apartment will further enhance your sense of spaciousness.

With these tips, you’re more than equipped to maximize your apartment, turning your diminutive space into a sprawling fortress of comfort.

Also integral to maximizing your apartment space is renting a large enough unit for your needs to begin with—an area we’re more than familiar with at GM Holdings. Contact us today to learn more about our listings throughout Philadelphia, or view them for yourself.

Budget-Friendly Apartment Hunting in Philadelphia

Wed, 27 Mar 2024 00:31:00 GMT

Philadelphia stands alone among big cities, offering renters a heady mix of cultural vibrancy and cost-efficiency. This distinctive trait is a magnet for those wishing to thrive in central hubs while keeping a tight rein on expenses.

However, affordability is relative.

While Philadelphia is easier on the budget than somewhere like New York, that doesn’t mean tenants are being offered free rent in the City of Brotherly Love. Depending on your financial circumstances, your job, and the part of the city in which you wish to live, things can inevitably get pricey.

Let's delve into the numbers.

A Philadelphia apartment costs between $1,277 and $1,887. The monthly living cost in the city—rent excluded— hovers around $1,244 for a single person, increasing to $4,459 for a family of four.

While these figures appear daunting, don’t allow them to deter your search for an ideal living space.

Regardless of your salary or budget, our budget-friendly tips and tricks will help you navigate the sometimes turbulent financial waters of apartment hunting in Philly.

Build Your Battle Plan: Map Out Your Expenses

Nobody enters an apartment hunt aiming to overspend. Everyone is looking for the ideal balance of comfortable living and affordability. Achieving this happy medium is much easier in theory than in practice.

Society, as we know it, does everything in its power to get you to spend while you're trying to save. Apartment hunting is no different. Landlords are looking to turn a profit, after all.

Sticking to a budget while living in a space that offers comfort and meets your standards necessitates an ongoing sense of push-pull.

Thus, you must draw up your battle plan. That means mapping out apartment and living expenses, including rent, gas, utilities, credit card bills, insurance, groceries, parking, move-in costs, etc., before you start hunting.

Keep these suggestions in mind as you plan your budget:

Look for rental costs below 30% of your monthly income to afford other living costs.
Investigate the average cost of rent across Philly neighborhoods (beyond our generalized numbers in the introduction) to see what areas best fit your price range.
Be realistic. Yes, economic choices are a must, but everybody has their limits. Create an expense and budget plan you’ll actually follow, not one that’s too constrictive.

Look For Ways To Cut Costs

While not always the case, an apartment with less space will cost less than roomier units in the same building (or neighborhood).

The above statement might seem obvious, but consider what it can mean to you as you adhere to a strict(ish) budget on your apartment hunt.

First and foremost, how much space do you need? If you live alone or even with one roommate, you might be surprised to learn how little space you require to live comfortably. In this instance, living in a more extravagant neighborhood in a smaller unit might be feasible.

Conversely, you can move to a slightly bigger place in a more affordable neighborhood.

Or, you can live in a smaller place in a more cost-friendly neighborhood to rack up the savings.

Consider, too, how apartment units on the middle floors also cost less because people pay more to live on the top and bottom levels.

We’ve already seen the broad range of monthly rental costs, meaning prices can vary significantly. Spend adequate time on local apartment rental websites and platforms to get a genuine feel for the rates in your preferred neighborhoods.

Also—ask friends who live in the city what they’re paying. Be tactful with your questions, but don’t be afraid to investigate. This concerns your savings and financial future; your close pals (and fellow renters) will gladly offer insights and data.

Negotiate A Discount

While some property managers and landlords might not be willing to budge on price, others could have some wiggle room.

That said, the worst anybody ever said when asked about a discount was ‘no.’ Even if you’re unsure about the other party’s openness to negotiations, it’s a subject worth broaching.

An ideal time to capitalize on a negotiation opportunity is if the unit has some issues or if the building lacks your desired amenities.

Depending on the circumstances of your prospective apartment, the following tips might also help you procure discounted rates:

Offer to sign an extended lease.
Say you’ll prepay months in advance.
Suggest a 60 or 90-day termination notice stipulation instead of 30 days.
Make it clear you won’t smoke inside the unit.
Come to an agreement regarding referrals (e.g., monthly reductions when you refer renters). This works in low-occupancy buildings in need of tenants.
Inform your prospective property manager you won’t have any cats or dogs (even if they’re allowed in the building).

Another consideration is whether you’d want to live somewhere so willing to offer a discount. Be sure you’re not actually the one getting duped.

A unit can need fixing up while still being liveable, but that doesn’t mean you should accept living in a borderline uninhabitable environment to save a few bucks.

Get Your Finger On The Pulse: Discover Up And Coming Neighborhoods

The discount strategies discussed in the previous section raised a question everyone must ask themselves when budgeting for anything: How much quality is worth sacrificing in the name of affordability?

It can be a frustrating battle to fight.

Often, saving money on an apartment can feel like you must live in a perpetual state of discomfort. Mitigate this issue by thoroughly researching Philly’s apartment rental landscape and finding diamonds in the rough. To boost these efforts, streamline your search to up-and-coming neighborhoods in Philly.

Why should you prioritize up-and-coming neighborhoods while on a budget?

These are areas with exceptional places without being oversaturated. Get in on the ground floor before things take off and become less affordable.

For instance, you’re likelier to find a cost-friendly, high-quality apartment in on-the-rise Harrowgate than in a more established spot like Rittenhouse Square.

Budgeting requires thorough research and a healthy lay of the land.

The best way to get a beat on the Philly rental landscape is to tap into resources (like blogs) from industry experts who can steer you in the right direction.

Be Aware Of Your Rights As A Renter

On your hunt for budget-friendly apartment rentals, you might encounter landlords and property managers trying to exploit your frugal inclinations. They could mistake your cost-consciousness as a weakness and an excuse to trample on your rights.

Familiarize yourself with what you’re entitled to as a renter.

One of those rights is habitable living circumstances. Your landlord must legally uphold specific standards regardless of what you pay monthly for your apartment. Click here to learn those standards .

Conclusion: Philly Is A Haven For Budget-Conscious Apartment Hunters Who Follow Our Tips

Follow the tips suggested in this article, and you’ll be surprised at how seamlessly a budget-friendly apartment falls into your lap. Philadelphia is rich with these hidden gems throughout its accessible, culturally vibrant neighborhoods.

We’ll reiterate the need for patience and strategy. These cost-efficient living options won’t materialize from thin air. It will take your keen eye, developed through research and careful calculations, to land you in your desired unit.

Help your cause further by contacting an industry expert like GM Holdings with your inquiries. We know the Philly apartment rental landscape like the back of our hands and are happy to provide insights to help you save on rent.

How To Navigate The Rental Market In Philadelphia

Wed, 27 Mar 2024 00:26:13 GMT

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

Should I Rent Or Sell My Home?

Wed, 13 Mar 2024 17:14:03 GMT

Homeownership—on the surface—is about having a comfortable place to lay your head. A living space of your own is your place of refuge, your castle, your safe haven.

Yet, you don’t need to own a home to have a living space. You can always rent, for instance.

After all, the upfront costs of renting are much cheaper. No matter where life takes you, you won’t need a mortgage and have optimal freedom of movement.

So—why own a home instead of renting a space?

As we already suggested, there’s that innate desire to own property—to have something entirely ours and nobody else's.

The benefits of owning a home go deeper than that, though, and they concern the almighty dollar.

Specifically, homeownership is a long-term strategy for accumulating lasting wealth.

A home (at least your primary living property) can undoubtedly be your place to rest your head. It also can be a long-term investment yielding substantial profits you can pass down generationally.

Differing methods exist to maximize the wealth derived from homeownership.

You can let your home’s value appreciate over the years and sell when the time is right, generating substantial returns. Renting out space in your primary residence is another option, offering consistent, passable income (and you can still sell, eventually). Or you can purchase a property specifically to rent out to tenants, another highly profitable venture when done right.

Read on as we explore the above options for maximizing wealth through homeownership.

To Rent Or To Sell: That Is The Question.

More often than not—remaining mortgages notwithstanding—you’ll turn a profit when you sell your home. It seems to be a universal truth at this point. Houses tend to appreciate in value.

Say you’ve owned your property for over a decade. When you bought the home, you’d have paid around $175,000 ( the median US price at the time of purchase). Now, the median US home price is nearly $420,000.

In getting more local with our analysis, Philly median home prices were $103,000 in 2010 and are currently $258,000 .

Undoubtedly, home prices can dip year over year. However, substantial increases will come over the long haul. In furthering our point, the median home value in the 1990s throughout the US wasn’t even $80,000. Imagine selling that same home for $420,000 (if you’ve owned it since the ‘90s). That’s a 525% ROI.

Holding On And Cashing Out.

The longer you hold onto your property—provided you can afford it—the more its value will increase.

So, why would you be in any rush to sell?

Don’t get us wrong—everybody’s situation differs. Varying circumstances could dictate your need to sell.

However, all things being equal, why not hold onto something that promises to appreciate in value?

A rental property, in particular, offers even more reasons to hold on. Not only will you make a substantial sum of money when you eventually sell (because you let your property appreciate), but you can count on passive income to further bolster your wealth until it’s time to sell. It’s the gift that keeps on giving.

Rental Properties And Profits: A Deeper Dive.

The current median rental price in Philadelphia is $1,650 , and renting a home in Philadelphia costs an average of $1,800.

So, let’s say you’re renting out a house. That’s an additional $21,600 in income you’re earning annually. If you’re saddled with a mortgage, that extra income can help make up the difference faster and more efficiently.

Once your mortgage is paid, the potential for significant profits can’t be ignored. That’s an extra $21,600 yearly (if rentals stay around the same as they are) without mortgage payments to worry about.

Yes, property taxes and other overhead costs will be factors. Still, your earnings will more than outperform those expenses.

Renting Out Space In Your Primary Residence.

Taking on the financial risk of purchasing a separate rental property isn’t feasible for everyone.

Furthermore, homeowners often experience hardships. They could lose their jobs or find that their variable mortgage rate has skyrocketed to the point of being unaffordable.

Selling might seem like the only option in the above instances. Seeing the forest through the trees is nigh impossible when you’re weighed down by financial burdens.

A solution that’s changed the game for many homeowners is transforming a portion of their living space into a rental unit. The extra five figures of annual income help cover the soaring living costs plaguing the US. It’s also additional money to cover your mortgage.

Remember, too, mortgages aren’t supposed to be forever. Once you’ve paid yours off, you can still rent and benefit from the passive income offered by your tenant(s).

Only some homes are ideal candidates for renting, and only some homeowners are cut out to be landlords. Still, renting is always an option and is part of the reason homeownership—even in challenging circumstances and with expensive mortgages—can be your ticket to long-term wealth.

Sometimes, You Need To Sell.

It would be foolish and irresponsible for us to treat selling your home—whether a primary residence or a strictly rental property—like a wrong decision. Everybody has different circumstances; holding onto your property isn’t always the wisest choice.

Regarding primary residence owners, you might have the itch to move elsewhere. Other factors like job opportunities might pull you to a new city or state.

Or you might simply want to enrich yourself and live in a different community with its own unique culture.

Alternatively, to steal a phrase from the Godfather, you might receive an offer for your home you plainly can’t refuse—in which case, sell all the way.

Selling at the right time also applies to rental properties. Someone in your line of work might be willing to hand over a check with enough zeroes to make your head spin, and cashing out could make more sense than continuing to rely on tenants for consistent income.

Renting isn’t a one-size-fits-all solution, and we’re not in the business of encouraging risky decisions that leave you in a precarious place, either financially or emotionally.

Is Renting Your Home A “License To Print Money?”

Owning a rental property or renting out space in your primary residence is often highly lucrative, but that doesn’t guarantee automatic profits.

Your ability to adhere to best practices (including vetting properties and tenants, marketing and pricing strategies, and property upkeep) will dictate your financial success.

While rental income is technically passive, it requires forethought and planning and will not magically boost your bottom line.

How Can You Maximize The Value Of Your Rental Property?

Effective management, reliable tenant vetting, marketing expertise, and sound business strategies are all ways to ensure you’re getting the most from your rental property.

Developing expertise in the above areas is a significant challenge for many aspiring landlords. These nuanced facets require research, experience, and dedication to fully comprehend and use to your advantage.

For the above reasons, many rental unit owners hire property managers.

Companies like ours—GM Holdings—handle all the nitty-gritty details of property management at a cost-efficient price while you reap the returns. Our industry expertise and our firm grasp of the local landscape keep tenants happy and rental units profitable.

Airbnb vs Rental Property: Which Is Right For You?

Wed, 13 Mar 2024 17:07:52 GMT

It's almost impossible to discuss Airbnb without speaking of Uber. We’ll try not to belabor the similarities between the two industry-disrupting apps, but they’re worth noting nonetheless.

Airbnb and Uber are the two spearheads of the sharing economy, and a few reasons for their success overlap. Both remove many of the expenses and inconveniences of organizing rooms and rides and enable you to book with the press of a few buttons instead of frustrating phone calls.

Where Airbnb and Uber differ is how widespread their impacts are.

Ubers have impacted taxis the most, whereas Airbnb has disrupted the hotel and traditional long-term rental industries.

Would-be long-term rental units are being transitioned into Airbnb spaces. This article will address which direction you should go if you’re struggling to decide between the two.

Why Are Would-Be Rental Units Turning Into Airbnbs?

Let’s revisit our Uber analogy for a second.

Previously, to drive people around for a living, you needed an actual taxi or limousine and some form of a vehicle-for-hire driver’s license (in most places). Then came Uber, and people had the technology to turn their personal vehicles into vehicles for hire.

Once upon a time, rooms “for hire” were only available at hotels, bed-and-breakfasts, and motels. Then, Airbnb came along. From there, people could transform their properties into hotels with relative ease.

Without the disruptive homestay marketplace app, people aiming to earn income from their units and properties had limited options. They couldn’t treat their homes as hotels or BNBs. They had to rent to tenants through leasing contracts.

This preamble begs the question: Should you transform your property into an Airbnb or a rental unit now that it can seemingly be done with the mere download of an app?

Spoiler: It comes down to what works best for you. However, the discussion points below will shed light on how running an Airbnb—while not without its advantages—isn’t the seamless license to print money it appears to be.

Revenue And Income Versus Profits.

There’s no denying that traditional renting limits your earnings based on the lease agreement. The contract is the contract.

We will note how landlords can increase rent in Pennsylvania. Still, on-the-spot increases can get complicated and adversely impact landlord-tenant relationships.

Airbnbs are more flexible with pricing because the living situations are more short-term. You can adjust the amount you charge based on seasonal demand, and long-term agreements won’t hamstring you.

The previous two paragraphs might position running an Airbnb more favorably but fail to paint the complete picture.

For one, an Airbnb typically necessitates higher upfront costs. The rental should be fully stocked and furnished. Plus, you’ll have the ongoing expenses of keeping the property in ideal condition.

Often, hiring staff or property management services for your Airbnb is necessary. While these are factors for long-term rentals, such services cost exponentially more for short-term rentals because the required labor is more frequent and intensive.

We’ll delve further into associated expenses in the next section.

All the same, we already see the tension between income revenue and profits at play. Earning more upfront doesn’t guarantee a better bottom line.

Associated Expenses.

While the upfront revenues/income earned with an Airbnb might be appealing, the overhead expenses quickly dwindle that money away.

Here are a few costs associated with running an Airbnb:

Bedding.
Top-tier furniture and decor.
Kitchen utensils.
Towels.
Appliances.
Coffee, tea, sugar, and other standard food items.
Cable TV.
WiFi.
Utilities.
Cleaning fees.

Traditional renting might not always cause you to salivate with the upfront income (in comparison with Airbnb). Yet, the fewer associated expenses can make it likelier to profit.

To the above point, you generally only pay for the sewage, water, trash removal, and garden maintenance of conventional rental units.

Reliable Income.

It’s unfair to say you can’t thrive with an Airbnb. There’s a reason it’s become so ubiquitous throughout society.

Nevertheless, running an Airbnb is a constant grind. You’re continually turning over guests, meaning you must book new guests constantly. It never ends, and there’s no guarantee that you’ll keep getting bookings.

What happens if things slow down or there’s an economic downturn? Even worse, a problematic guest can leave you a negative review (or you can have a string of bad luck), and demand for your space can disappear entirely.

Suddenly, you’re paying for a property that isn’t generating income without any promise of future revenues.

Traditional landlords are subject to economic downturns and bad reviews, as is every business in today’s landscape. But the results tend to be far less volatile than short-term arrangements like an Airbnb.

When someone signs a traditional rental lease, they’re on the hook for paying rent for as long as the lease dictates. You don’t have to worry about filling vacancies by the day. The money will keep coming in like clockwork.

Also, say you have issues with a traditional tenant. They aren’t leaving in a few days with a bad taste in their mouth.

Instead, you have ample time to smooth things out and cultivate an amicable relationship.

Regulatory Snafus And Legal Considerations.

Airbnb continues to rise in popularity, gaining the attention of regulatory bodies.

Combine the rising regulations on these short-term rental units with short-term rental laws that vary by state, and you might have yourself a raging headache trying to make sense of it all.

Additionally, short-term rentals in Philadelphia require a zoning permit , which has relatively steep associated costs. Skipping this step could result in hefty fines.

Traditional rental licenses are needed in Philly, too. However, they’re comparatively affordable versus short-term units.

Property Damages.

Guests staying in an Airbnb aren’t there for the long haul, so they are less invested in keeping your property in good shape.

A traditional renter is committed to your space and more inclined to take care of it. It’s much easier to hold them accountable for potential property damage (not that this should be a significant concern with sound tenant vetting processes).

We’ll note how property damage isn’t pervasive when running an Airbnb property.

Still, tracking who’s done what becomes far more challenging with such a high level of guest turnover.

The Final Verdict.

Everybody's skill sets and aptitudes differ. You might be better suited to owning an Airbnb-style short-term rental property—in which case, don’t let us stop you!

That said, through our experiences, we’ve observed that traditional renting is a far more reliable source of income, absent of the volatility and pain points associated with Airbnb.

None of this is to say conventional renting guarantees mass profits and a healthy bottom line. The soundness of your strategy and approach as a landlord will dictate your success (or lack thereof).

Want to heighten your chances of success when renting out a traditional unit? Work with a trusted property manager like GM Holdings.

How To Read An Apartment Lease Agreement

Mon, 12 Feb 2024 18:40:33 GMT

Signing a lease can be intimidating when you’ve never done it.

Don’t worry, though. We—your trusted team at GM Holdings—have got you covered.

Below, we’ll explain how to read an apartment lease agreement to ensure you sign one that works best for you.

Rental Lease Definition

A landlord and tenant sign a contract—a rental lease agreement—allowing the tenant to lease/rent the property for a defined time period and under specific conditions.

Tenants are usually referred to as lessees, and landlords are called lessors in rental lease agreements for condos and apartments.

Landlords and tenants have their obligations spelled out through a lease agreement, such as:

Rules for lease termination.
Property maintenance responsibilities.
Property changes allowed by the landlord.

Lease agreements often include a rider—an additional agreement meant to specify terms not in the contract. A rider could be—for instance—something about the tenant being responsible for fixing HVAC issues and the landlord being on the hook for plumbing problems.

Monthly Rent Amount And Rent Term

When reading your lease agreement, the first two matters of business are your monthly rent amount and rent term.

Typically, lease agreements are for one year, but they can be for less or more, depending on the situation. Your monthly rent out should be clearly stated to eliminate any confusion.

Late charges might also be present in the lease agreement. This will stipulate whether you’ll be stuck paying a flat rate charge or if daily interest will accumulate if you can’t keep up with the rental due dates.

When monthly rent or lease terms are ambiguous, ask the landlords to clarify those terms and to put those clarifications in writing. Everything should be transparent to protect you from trickery, such as mid-lease rent increases. Leave nothing to interpretation.

Security Deposit

Landlords implement an upfront payment to protect their unit if a tenant leaves their property damaged or dilapidated when the lease is up.

The first and last month’s rent is often the cost of a security deposit. So, if your rent is $1,500 monthly, you’ll pay $3,000 as a security deposit. Learn maximum deposit laws to ensure the landlord isn’t charging you too much.

Your lease agreement should clarify scenarios where the security deposit won’t be returned when your agreement is up. For instance, if the landlord needs to hire a carpet cleaner or repaint, they might hold onto your deposit.

There should be a specified deadline for the landlord to return your deposit. If it’s not initially on the lease, insist it is added to avoid any snafus.

Clear Payment Instructions

Generally, lease agreements state rent must be paid on the first of each month. Grace periods are offered by some landlords, though.

However, grace periods don’t eliminate late fees. Instead, they allow you to not be considered past due.

The lease should clarify when you’ll be stuck paying late fees. They’ll also establish how to pay your landlord each month.

Other Fees

Depending on the property type, you might be on the hook for any of the following fees (on top of your deposit, application fee, and monthly rent):

Utilities.
Parking fees.
Admin fees for third-party billing services.
Trash service fees.
Notice fees.
Rental tax fees (a percentage of monthly base rent).

All fees should be clarified with dollar amounts and frequency (e.g., recurring or flat).

Stipulations On Pets

Some landlords are okay with pets, others aren’t.

Landlords who are cool with you having a furry, four-legged roommate could charge an added pet fee, including a non-refundable deposit and monthly rent for your pet.

Your lease should clarify which pets are allowed in the unit. It should also state the number of pets allowed and the fees applied to each one.

When the lease says you can’t have a pet, sneaking in your cat or dog violates your terms. The same goes for adding more pets than is allowed in pet-friendly units.

Termination Deadlines

There will (or should) be an allotted time period you have to let your landlord know you’re moving before the end of the term.

Say you have a 90-day termination notice stipulation in your lease, but only let your landlord know you’re moving with 80 days left. In this instance, you could be stuck paying additional rent.

Many landlords are okay with tenants being month-to-month at the end of their term. However, getting this in writing is better than relying on words and handshakes. This way, you can’t be asked to leave out of the blue when your landlord finds someone new to rent long-term.

Maintenance Terms

Primarily, landlords are on the hook for major maintenance, repair, or replacement fees, such as appliances and systems failing due to wear and tear.

Leases should clearly state the following:

The items your landlord is responsible for fixing and maintaining.
The timeline in which repairs should be made.

There are laws stipulating your landlord keeping your property in liveable condition. For instance, in most states, it’s a violation for landlords to not fix air conditioners during the summer.

Clear instructions on how to report maintenance issues (and to whom) should be present in your lease agreement.

Final Considerations

Here are a few more components that should be present in your lease:

Your lease may allow you to sublet (or it may prohibit it). Be aware that you’ll be on the hook for any damage a subletter does to the unit if you go in this direction. You’ll also bear the financial brunt of missed rent payments.
You may need to end your lease early. This often necessitates advance notice and a flat fee that can’t be refunded. You may run into issues in slower rental markets. Fortunately, Philly’s rental landscape is thriving, so you might find landlords more amenable here.
Landlords usually draw up one lease with both names listed if you’re moving in with a roommate, meaning you share responsibility for paying rent on time and following other lease terms. Thus, you’re still on the hook if your friend doesn’t have the money for rent.

Eviction is another factor to consider but requires its own article. If you have any questions on eviction (or anything else discussed in this article), contact GM Holdings today .

Signs You're Dealing With A Good Landlord

Mon, 12 Feb 2024 18:36:38 GMT

Living in rentals has its advantages. There’s a certain freedom in not having a mortgage. It can give you your start as you step out on your own and begin to save up for the future. You won’t necessarily be tied to one place. You can bounce around until you find your ideal region, city, or community.

Also, rent is cost-efficient in Philadelphia—especially compared to other big cities like New York.

Despite these many advantages, risk factors do exist.

A glaring problem tenants encounter is a bad relationship with their landlord or property manager.

A rental unit can feel like a genuine home when things are good with a landlord. However, you’ll often feel like an unwanted guest when things go south. No amount of monthly payments or eye-catching decor can add warmth to a chilly tenant-landlord relationship.

Below, we’ll highlight signs of a good landlord.

Good Landlords Are Good Communicators

A landlord who communicates well when you’re a prospective tenant will likely keep up this good habit once you move in.

What makes a good communicator, and how can you tell early?

First and foremost, they’ll respond promptly to your inquiries. They’ll pick up the phone (whenever possible) and respond ASAP to texts and emails with clarifying answers. You won’t be left in the dark.

Additionally, a good landlord will be present as you tour their property to answer and address concerns. Say you don’t like the street noise coming from one unit. A good communicator might suggest a similar property in the same building that’s away from the street. After all, a good communicator listens to your needs.

They’ll also communicate expectations about rent, various components of the living agreement, and other crucial details to ensure no surprises once you move in.

They Offer Monthly Rent Prices And Lease Terms That Make Sense

At the end of the day, a landlord wants to make money. This is a business to them.

Nonetheless, successful business people grasp the value of personal relationships. They treat their customers well and don’t try to rake them over the coals.

A sign you can trust a landlord is when they offer prices and lease terms that make sense.

Ensuring the price is right will require research because you need a reasonable frame of reference for a fair monthly rental price.

If the rent seems too high, it’s a knock against the landlord. Then again, if the price seems too low, it could indicate they’re trying to hide something about the property.

Also, peruse the lease terms. Ensure all stipulations about your role as a tenant and theirs as a landlord are fair. There should also be a specific lease period clarified in the terms.

There’s No Middleman

Depending on the location, some property managers employ dozens, if not hundreds, of staff members.

A good landlord or property management company will ensure you’re dealing with your main point of contact when you’re considering a rental.

It’s crucial to ask the right questions. Inquire if the person you’re dealing with during your viewings and other correspondences will be your point of contact if you rent there. Otherwise, you risk being muddled in a sea of middles.

When your point of contact is dealing with you from the beginning, it’s a sign that you and your needs are a top priority. Additionally, it’s evidence that your landlord or property manager is interested in developing a rapport.

They Won’t Sell Too Hard

Part of being a landlord is being a good salesperson. That’s the truth. Yet, a good salesperson isn’t pushy. They aren’t disingenuous or overly slick. Nor do they tell lies. Instead, they view their prospects as people and are focused on giving them what they need.

A reliable landlord won’t oversell their property. They’ll rely on the quality of the unit to do much of the selling and let their customer service and accommodating nature do much of the talking.

Remember, too, that someone selling you the world before you’ve signed anything will keep trying to upsell once you’re living in one of their units.

Furthermore, an overt sales-forward approach tells you the landlord views you as a number or a dollar sign instead of a person.

They’re Patient

Study your prospective landlord’s demeanor as they answer your questions and respond to your inquiries.

Graceful, thoughtful, and patient answers are all that are acceptable. Any sign of frustration or impatience is a massive red flag.

This partnership will likely last a while—you owe it to yourself to have a landlord who’s empathetic and patient.

They Hold Up Under Scrutiny (And Research)

A landlord will ask you to provide references as their tenant. You can flip the script and research them, seeing how previous tenants have viewed their services. While property review sites might focus solely on the rental unit, they often have tidbits about the property manager or landlord.

If your landlord has been subject to legal troubles, it will be of public record.

Considering pounding the pavement and talking with other tenants about the landlord. This won’t be easy, necessarily. However, if you stick to it, you can find a few people willing to open up.

Seeks Landlords And Property Managers With Proven Track Records

There will be a lot of landlords who aren’t all that proven and are trying to get their feet wet. They may pass the smell test in many ways but lack the experience and nuts and bolts knowledge to provide an optimal rental experience.

Conversely, landlords and property managers with years of experience successfully managing the needs of tenants have a defined system to ensure you have an ideal renting experience.

Experienced property managers and landlords have a diverse and versatile understanding of the nuances involved with renting. They’ve seen and done it all. They are prepared for every challenge and have the skills to ensure your time with them is as pain-free as it’s copacetic.

GM Holdings is one of the most trusted property managers in Philadelphia. Check out our tenant testimonials on our home page to learn more, or contact us today to ask about our exceptional properties.

Property Feature: 1810 E Venango Street

Wed, 17 Jan 2024 00:31:48 GMT

Property Feature: 1810 E Venango Street

Exploring the ideal place to live for short- or long-term stays in Philadelphia can be challenging, but 1810 E Venango Street is an exceptional choice. Located in the heart of the Harrowgate area, this fabulous location is quite modern and sophisticated. The project added a 5-story new construction building onto a 4-story existing building, allowing for the creation of 35 residential units, each with some interesting features and fantastic views of the city’s skyline. If you are looking for a home that’s in the heart of an up-and-coming area, you need to take a closer look at this community.

The Details of 1810 E Venango Street

Along with 35 fabulous homes, the property also has a light industrial space paired with an artisan space. There are numerous parking and bike stalls available. It’s vibrant and full of life, which you are sure to notice as soon as you approach the area.

Each of the suites excludes luxury in multiple ways. They offer a luxury loft feel with an open floor plan layout. Renters can choose the 1 bedroom, 1.5 bathroom layout for ample space while maintaining a cozy feel or upgrade to the more spacious 2 bedroom, 2.5 bathroom location. Each location is a bit different, but they offer between 1060 and 1240 square feet of space.

Depending on which property you select, you could have fantastic views of the city, exceptional access to a roomy interior, and all modern amenities. The space features a modern design overall, with most units featuring energy-efficient, stainless steel appliances. The open floor plan of the kitchen really makes this a fantastic area for entertaining. Pull up a few counter stools to enjoy your guests while you prepare meals. The big countertop, which is nothing short of stunning granite, provides lots of space for any projects you need to manage.

Those who choose to call 1810 E Venango Street home will also find it’s designed with soothing colors. While the ceilings are high and the floor plan is expansive in each space, the area still maintains a warm, modern vibe perfect for the artisan who wants to be close to all this area has to offer.

Looking Beyond the Apartment

While the apartments at 1810 E Venango Street are certainly the best reason to move into this area, there’s much more to explore. As noted, there is ample parking available onsite for both vehicles and bikes. The parking lot is gated, too.

Then, you have the stunning rooftop area. It’s yet another way to entertain guests or simply to relax and unwind after a long day watching the sunset. This open rooftop area is the ideal getaway right at home.

Why Call Harrowgate Home?

As you consider where to rent a home close to it all, don’t overlook the value that comes from buying a home in the Harrowgate area. This neighborhood is just to the north of Fishtown, putting you within minutes of all that Philadelphia has to offer. The area has seen a significant amount of growth and redevelopment over the last few years and is poised to become a hotspot in the region within the next 5 or so years.

This community, which is just to the west of Port Richmond, is a thriving community noted for its more affordable apartments than other up-and-coming areas of Fishtown. At the same time, it is a treasure – the once-dominant industrial area has been transformed building by building into stunning residential areas with all of the latest amenities. 1810 E Venango Street is no different.

This community is particularly attracting those who are looking for a fast-paced area to live without a high price tag like those found in areas like Center City. It’s attracted many professionals who also want easy access to the city’s transit system so they can commute with ease. At the same time, the community itself boasts numerous reasons to stay close to home, including a reliable source of jobs, numerous restaurants, and shopping areas. There’s fun to be had around every corner.

A Property Designed with Care

There are plenty of areas of Harrowgate that have modernized and transformed into residential areas, but 1810 E Venango Street is a bit different. One of the reasons for this is the quality of the construction. The building was not framed out with wood, which is very common for these types of remodeling and renovation projects. Instead, the entire structure was made from poured concrete. That is not common for buildings of this size in our area.

The benefit here is that, while it is more expensive to use this method, it offers more structural security and may allow for a better quality of life for those living within these properties. It may also offer a bit more energy efficiency than other properties like these.

Why You Should Consider Exploring 1810 E Venango Street Today

For those who are looking for a modern place to call home with all of the amenities of a luxury loft but without the high price tag that comes from areas like Center City, 1810 E Venango Street is the ideal choice. A property that has been transformed with care and careful attention to detail, this community has much to offer those who want to be close to the city’s fast-paced lifestyle with ample comfort while they do so. With a touch of elegance and exceptional amenities nearby, this is the type of community that many move into and stay in the long term.

Take the time now to find out which units may still be available for rent at 1810 E Venango Street. When you do, you are sure to want to book a tour to get a first-hand look at this community and all the residential properties here have to offer.

Contact GM Holdings LLC to learn more about the property options available to you here or at one of our other nearby establishments. It’s easy to find an exceptional place to call home.

Tips for New Landlords

Wed, 17 Jan 2024 00:28:34 GMT

Tips for New Landlords

Stepping into the role of a landlord for the first time can be exciting and daunting. You are about to transform an empty space into someone's home, and at the same time, you're managing a valuable asset. This journey is filled with key responsibilities, like ensuring timely rent collection, maintaining the property, and navigating tenant relationships. It's more than just owning property; it's about fostering a harmonious and profitable rental experience. For those in Philadelphia's bustling real estate market, these initial steps are crucial in setting the stage for a successful landlord experience.

1. Understand the Implications of Being a Landlord

Being a landlord is much more than just collecting rent and enjoying passive income. It's a multifaceted role that includes responsibilities like property management, dealing with tenants, and staying on top of legal and financial matters. One of the key benefits is the steady income stream, which can be particularly valuable in times of economic uncertainty. However, this comes with a range of responsibilities and potential challenges.

One major aspect of being a landlord is the stress and demands of property management. Dealing with repairs and maintenance is a big part and can be costly and time-consuming. Moreover, managing tenant issues, whether it's late rent payments or property damage, can take a lot of effort and patience.

There are also significant legal responsibilities to consider. Being aware of and compliant with the laws and regulations governing rental properties is crucial to avoid litigation. This involves understanding tenant rights, property safety regulations, and other legal aspects of property management.

Financial risks are another vital consideration. While rental income can provide financial stability, it's not guaranteed. Tenants may default on payments, and vacancies can lead to a loss of income. You must prepare for all the work, responsibilities, and financial risks.

2. Set the Right Rent Price

Setting the right rent price is a delicate balance. As a landlord, you can decide your rent, but aligning it with fair market rent is essential to avoid potential pitfalls. Pricing too high can lead to extended vacancies, as your property might surpass the budget of most renters in the area.

On the other hand, a rent price that's too low could attract a high number of applicants but might result in lower returns and possibly attract less desirable tenants. To determine a fair market rent price, it's important to assess local rental market trends, consider your property's unique features and condition, and understand the demographics of your prospective tenants.

Your property's location, size, and amenities play a significant role in this assessment as well. Additionally, staying informed about the economic conditions affecting the local real estate market is vital. This includes understanding the median income of residents in the area as it impacts their renting capabilities.

3. Screen Tenants Carefully

Some tenants can be quite the troublemakers, which is why you need to screen tenants carefully to avoid potential issues. Inadequate screening can lead to problems such as non-payment of rent, property damage, or illegal activities, which can be costly and stressful.

To effectively screen tenants, start with a pre-screening process. This involves initial interviews to understand their needs and to ensure they meet your basic criteria. Next, conduct thorough background checks. Verify their credit history, criminal records, financial stability, and references from current and previous landlords. From there, verify the applicant’s income and rental history to assess their financial stability and the likelihood of timely rent payments.

Also, you need to define your rental criteria clearly and avoid discrimination. Establish fair and objective standards for evaluating applicants, such as income requirements and occupancy standards. When you compare each applicant to these criteria rather than to each other, you can prevent discrimination and ensure a standardized method for evaluating tenant qualifications.

4. Have a Written Rental Agreement

Having a written rental agreement is fundamental. It serves as a legal contract that clearly outlines the terms of tenancy, and protects both the landlord and the tenant. Without a written lease, enforcing lease terms becomes challenging. Some of the key elements of a lease include names of the parties, property address, lease term, rent amount, rent due date, and security deposit details.

Choosing between different types of leases, like month-to-month or annual agreements, depends on your goals as a landlord. While annual leases offer stability, month-to-month leases provide flexibility for changing circumstances. Consider using software for lease agreements to ensure legal compliance, accuracy, and efficiency.

5. Respect the Rental Laws in Your State

Respecting rental laws in your state is paramount as a responsible landlord. Each state has its own set of regulations and statutes that govern landlord-tenant relationships. Understanding and adhering to these laws is essential to ensure you operate within the boundaries of the legal framework.

Rental laws cover various aspects, including lease agreements, security deposits, eviction procedures, and maintenance responsibilities. It's crucial to familiarize yourself with your state's specific laws to avoid legal issues and potential disputes with tenants. Failure to comply with these laws can lead to legal consequences, financial penalties, and even eviction delays.

6. Consider Hiring a Property Management Agency

Hiring a property management company can take a lot off your plate as a landlord. These companies offer comprehensive property management services that include leasing, rent collection, maintenance, and more. When you enlist their expertise, you can streamline the management of your rental property and ensure a smoother landlord experience.

Property management companies also have the resources and knowledge to market your property effectively, which will attract suitable tenants. They also excel in rent collection and ensure consistent and timely payments. Even better, maintenance and repairs are a breeze with their network of skilled professionals, enhancing the longevity of your property.

Moreover, property management companies can handle tenant relations and dispute resolution, relieving you of the burden of dealing with difficult situations. They’re well-versed in local rental laws, ensuring legal compliance throughout the tenancy.

Maximizing Your Landlord Experience

Being a new landlord comes with a lot of responsibilities. It's truly a lot of work and should be treated like a business. From setting the right rent price to screening tenants carefully and respecting rental laws, every step matters. One option to make this journey smoother is to hire a property management company. They can handle leasing, rent collection, maintenance, and more, allowing you to enjoy the benefits of real estate ownership without the daily grind.

If you're looking for professional property management services in Philadelphia, visit GM Holdings Management . We offer comprehensive solutions to ease your landlord journey. Don't hesitate to get in touch and make your life as a landlord more manageable.

Effective Property Marketing Strategies: Showcasing Your Philadelphia Rentals Online

brendan@gmholdingsllc.com (Brendan Wewer) — Mon, 11 Dec 2023 19:13:47 GMT

Are you a prospective or current landlord aiming to make a significant splash in the Philadelphia rental market?

Renting out property is a highly profitable venture… when your approach is strategic, and your methods are sound.

Now, the above sentence isn’t something to gloss over. Much goes into strategic approaches and sound methodologies.

For instance, the most successful landlords realize they can’t handle everything independently. They know their strengths, focus on those, and outsource–or delegate–the work beyond their scope to specialists.

Take rental property marketing–attracting viable rentals to ensure your revenue streams flow like clockwork.

Generally speaking, marketing is complex. It’s a skill that must be honed over years of practice. More to the point, it’s a skill most landlords don’t have time to fine-tune because of their many other responsibilities.

You have everything else on your side–an attractive property, a mind for business, and a drive and desire to turn a significant profit.

So, what happens when you combine your many areas of expertise and your commitment to success with GM Holding’s specialization in rental property marketing? You’ll fill your rental properties with renters you can trust, creating reliable income streams that bolster your bottom line for years to come.

A Brief Overview Of Philadelphia’s Rental Market: A Profitable Environment With Stiff Competition.

The current average rental price for a Philly apartment is $1,925 monthly .

Nationally, the average is $1,702 , which might make Philadelphia sound overly expensive (on the surface).

However, we’ll add some helpful context. Philly boasts a vibrant social scene, shopping, culture, art, diverse neighborhoods, history, etc. It’s a bustling city that’s moving, shaking, and making things happen.

The national average we cited accounts for rent in areas with far less cache than the City of Brotherly Love. A more relevant comparison for Philadelphia rental prices would be heavyweight cultural benchmark cities such as New York, which has an average monthly rent of $2,898 .

Sure, renters averse to big-city living won’t be wooed by Philly’s rental prices–or anything else about the area. Conversely, those allured by big-city magic will be impressed by Philly’s favorable rental pricing.

In Philly, renters get much of what a place like New York offers at a fraction of the price.

There’s a caveat here. Yes, the rental market is thriving in Philly, but that means it’s competitive. You must stand out from the densely populated pack to attract the type of renters you value most.

Here’s where marketing comes into play. Even the most gorgeous, extravagant rental unit can’t attract renters if nobody knows about it. You must reach your target audience, requiring nuance and a specialized skill set, which we possess at GM Holdings.

Below, we’ll delve into what we offer our clients and how we help fill their rental unit vacancies with ideal tenants, attracting only top-tier candidates.

GM Holdings: Philly’s Leading Rental Property Marketing Expert.

At GM Holdings, our expertise in Philly’s rental unit scene ensures that your property information reaches prospective tenants when you partner with us.

More to the point, we guarantee this information will reach relevant eyes–the types of rental candidates you want living in your property, the kind you can trust to treat your property respectfully and always pay on time.

We say all of this confidently because of our intimate knowledge of the appropriate channels to market in

Also, GM Holdings is deeply attuned to today's tenants' needs, wants, and inclinations. Our team keeps their ears to the ground, staying updated on demands and trends by the minute. Thus, you can trust our marketing message to be on point, engaging all who come across it–like a magnet to potential renters.

Trust GM Holdings to approach your rental property marketing with unparalleled attention to detail. Our primary focus is leaving no stone unturned to ensure you receive the highest possible return on your investment.

An Overview Of Online Rental Property Marketing.

Heading into 2024, you can’t market anything without the internet. Sure, every effort counts, but some count more than others.

We won’t deny how a classified ad in the paper can still have its uses these days. Nevertheless, a newspaper rental unit ad won’t be anywhere near as effective as a listing on Kijiji, Craigslist, Facebook Marketplace, Padmapper, etc.

Additionally, GM Holdings lists your rental units on our website, including captivating write-ups about the spaces (providing information your target audience wants), eye-catching visuals, and more.

You need to meet your rental candidates where they are to attract them to your unit. That means being online and in front of their eyes with content that converts.

Leveraging High-Quality Visuals To Drive Online Engagement.

Your property is tremendous–especially for the price points. As soon as a potential candidate walks in the front door, they’ll fall in love with the place.

Yet, a gap exists between a candidate seeing your listing and getting through the front door. They’ll never know how amazing your unit is if you can’t get them to see it in the first place.

On the above note, you’ll have far more luck attracting candidates when your listing teems with photographs. We’re talking lots of photos. You’ll have challenges garnering trust in your property if you only have a few images.

Include the property’s best features, such as the kitchen, bedrooms, living areas, outdoor spaces, bathrooms, etc.

Compiling these visuals can be daunting, especially since your images must be of the highest quality.

Fortunately, GM Holdings is here to help! We’ll be active in the image compilation project, ensuring everything is well-lit, perfectly staged, and aesthetically pleasing in every which way. Rental candidates won’t be able to resist your property.

Producing High-Quality Content And Applying Digital Marketing Expertise.

Whether we’re marketing your property on social media, vlogging it, implementing search engine optimization (SEO) techniques on a rental listing site or our site, etc., you can trust us to focus on details that sell.

Here’s what the above paragraph means:

Regardless of the content, we’ll highlight your most stand-out selling features.
Have an ideal location? We’ll speak to your convenient proximity to highways, schools, parks, stores, etc. We’ll emphasize how friendly your neighborhood is.
How’s your view? If it’s a crucial feature of your property, we’ll draw attention to all the sunlight and plethora of windows in the space.
Did you recently renovate? Expect us to zero in on your brand-new appliances, flooring, furniture, etc.
Is there a community gym or pool? We’ll be all over it, ensuring your potential rental candidates know these exceptional perks.

Be mindful that overly dense content can actually turn candidates off. They don’t want to be inundated. They want streamlined information telling them what they need to know.

GM’s expert knowledge of your most prominent selling points ensures your content will be trimmed of all its excess–filled only with the type of substance that draws attention.

Philly Landlords And Property Managers: Align Yourself With The Rental Property Marketing Experts At GM Holdings.

Partnering with GM Holdings means having a partner who’s passionate about and determined to make a marketing splash with your rental unit. Our expertise in this area is unparalleled and intricately tailored to drive results in Philly’s lucrative rental market.

Combining your unique skills with ours will form a potent combination that yields profitable, self-sustaining, rental-based revenue streams that solidify your future.

Benefits to Living Near the Market-Frankford Line

Fri, 03 Nov 2023 13:24:30 GMT

The Market-Frankford Line (MFL) comprises one-third of Philly’s three rapid transit lines (the Broad Street Line and the PATCO Speedline comprise the other two-thirds).

You may know the MFL by a few other names, most popularly the Blue Line because of its seats and signage color. We’ll keep referring to it as the MFL in this article, though.

Operated by SEPTA (the Southeastern Pennsylvania Transportation Authority), the MFL is the Authority’s busiest route, consisting of 170,000 average weekday onboardings before COVID.

Highly significant to (and perhaps the lifeblood of) Philly’s transportation system , the MFL covers a lot of ground. It starts a touch outside West Philadelphia at the Upper Darby’s 69th Street Transportation Center, through Center City to Northeast Philly’s Frankford Transportation Center.

For the above reasons, and many more–which we’ll explore below–living near the MFL offers many benefits.

Accessibility and Convenience

The MFL travels through Philadelphia on an east-west path, taking passengers through an array of popular neighborhoods (e.g., Old City, University City, and Fishtown).

You can access the MFL 24 hours during adventurous Friday and Saturday night travels. On other days, it runs from 4:36AM until 11:59PM.

Arrival frequency is likely the most attractive feature of the MFL, as trains come every six to ten minutes, depending on the day.

Combine frequent arrivals with the vast ground the MFL covers, and you have yourself a highly convenient form of transportation. Plus, 28 stops covering 13 miles means plenty of places to catch a subway, making it highly accessible for Philly residents.

Purchasing a SEPT keycard means you’ll only pay $2.00 per ride, while you’ll have to pay $2.50 with cash.

You can also transfer at City Hall/15th Street Station to another line for free, giving you optimal mobility around the city. You can get where you need to go with minimal spending, seamless accessibility for all passengers , and without the need to rely on your private vehicles.

Cost Savings

The city life often discourages most residents from owning a car, and Philadelphia is no different.

Sure, not owning a car might sound like a daunting prospect. However, the city life is built for people to live without vehicles. Everything is within close enough proximity that walking and public transportation should be enough.

In specific communities, public transportation isn’t quite up to the challenge of making the need for car ownership obsolete. Conversely, other cities are more than up to the challenge. Philadelphia shines in the public transportation department, and the MFL line is one of the primary reasons for this.

Keeping the above factors in mind, owning a vehicle in Philadelphia can cost you approximately $11,000 over three years.

Compare that to the $2 to $2.50 per ride you’re paying on the MFL line (and how much ground it covers), and it’s clear where the cost savings come into play.

Furthermore, the heightened accessibility of the line means you can be more cost-conscious in your search for housing options. You can pay for something more affordable (near an MFL station) in a less centralized area because the MFL will keep you seamlessly connected with economic and social hubs throughout Philly.

Exploring Philadelphia

Earlier, we noted how the MFL traveled through many of Philly’s bustling neighborhoods, such as Old City, University City, and Fishtown.

Here are just a few examples of popular spots to check out in the neighborhoods mentioned above:

Visit the Fillmore to catch a concert and a drink at its full bar.
University City is home to the Penn Museum of Archaeology.
Check out the Liberty Bell or the Museum of the American Revolution in Old City.

Note that the MFL spans past these neighborhoods and into other popular, highly appealing areas throughout the city. Some examples include Northern Liberties, the Historic District, the Convention Center, Market East, West Fairmount Park, Spruce Hill, Rittenhouse Square, and more.

These areas are all chockful of entertainment, dining, and cultural opportunities that you can access with a $2.50 transit ticket.

The MFL also offers Philadelphia residents reduced travel time to work, school, and various leisure activities. You’re bypassing the busy traffic on the Philly roads to get where you need to go.

Note that Philly has the 4th most congested roads in the US , so the MFL is a welcome reprieve from the struggles of vehicular travel.

Community and Social Benefits

Philadelphia is a buzzing city that hosts an abundance of community events that bring neighborhoods together.

Sure, it can be daunting to commute across the city to connect with your neighbors. Yet, the amount of ground covered by the MFL grants you seamless access to these events. You’ll feel more connected to your community while experiencing how Philly truly is the City of Brotherly Love.

While reasons to get involved in your community are plentiful, what stands out most is how fostering these pivotal social connections can bolster your mental health .

Considerations for Choosing a Neighborhood

The MFL offers many advantages, but choosing your ideal neighborhood relies on many factors. Cost and lifestyle will be your primary dictators in making this choice. Also, there’s a matter of whether you’re working or going to school and where your school and work are located.

Provided you can afford an apartment near the MFL, you’ll be able to get where you need to go in the city with ease. Such a location will keep you connected and on the move–if that’s what you seek.

Conclusion

The MFL is a highly affordable, convenient, and accessible public transportation in Philly that gives passengers seamless access to many economic, social, and commercial hubs throughout the city.

Living near MFL stations limits your need for a vehicle, saving you plenty of money. It also enables you to choose more cost-efficient options since it spans many neighborhoods (including more affordable ones).

Mull over these advantages as you search for a place to live in Philly, and feel free to reach out to GM Holdings with any questions. We’re a trusted resource for knowledge about the MFL line, and we also have exceptional apartments for rent near the MFL.

Strategies To Deal With Late Rent Payments

Tue, 03 Oct 2023 13:24:27 GMT

The tenant-landlord relationship can be a beautiful, copacetic thing.

Tenants enjoy a beautiful living space that supports their lifestyle, whether young professionals, students, or even a family.

Landlords benefit from steady income flowing in–the average rent in Philly is $1,925 per month for a single unit.

Unfortunately, a few caveats exist in the tenant-landlord relationship.

While many nuances and complexities can be discussed, the primary bugaboo in such agreements is when that average $1,925 monthly doesn’t get paid.

It’s tricky to navigate this grey area. Yet, it still must be navigated. Stats from earlier this year showed evictions trending up 135% compared to 2022 . Most relevant to this article, the median uncollected rent fee for tenants facing eviction is $4,100.

None of this is meant to paint tenants in a bad light. Life throws people curveballs that cause financial strife. All the same, you–as a landlord–need that money coming in.

This article aims to navigate this tricky issue and help you deal with late rent payments.

Study Local Lease Laws

Knowledge is power. The more you know about your lease agreement, the better your chances of nipping problems with late rental payments in the bud.

You have rights as a landlord. Namely, you have the right to collect rent when it’s due.

Examine local regulations about proper notice, grace periods, and late fees to ensure your actions to collect rent are above board and backed by law.

Be Approachable And Available To Tenants

You could have the most fantastic tenant be late with rent payments. We’re all human. We all make mistakes.

An otherwise reliable tenant could have just lost their job. Their income might have taken a hit because they’re a freelancer who lost a client. Maybe there’s been an issue with a roommate or family member.

Often, leniency is your wisest decision. Giving a tenant who’s fallen on hard times some leeway could ensure a thriving (and profitable) relationship for decades to come.

When you’re approachable as a landlord and have open lines of communication with your tenant, the situations can be more easily assessed and navigated. You can come to an amicable solution without having to take extreme measures.

Approach The Issue With The Tenant Directly

This suggestion overlaps with the previous one but is worth its own section. After all, the issue might have nothing to do with something as overdramatic as a job or income loss. It could merely result from a knowledge gap or misunderstanding.

Many tenants assume they have a grace period that gives them a few extra days to pay rent. However, no such period exists in Pennsylvania.

So, give your tenant a call. Have a friendly conversation and remind them–gently–that rent is due on the first of the month.

Maintain Good-Faith Relations

An eviction notice is something you want to avoid at all costs. You don’t want to deal with the legal ramifications. Nor do you want to force someone out of a living space.

Instead, you want to give someone every opportunity to pay their rent on time.

A rent reminder notice is one way to maintain good-faith relations with your tardy tenant while letting them know you expect them to be on time with their payments.

This written document should include the following:

The standard rent due date.
The amount of past-due rent owed.
Allowable late fees.
The date on which rent must be paid to prevent any legal action.

Now, this isn’t the most warm and cuddly action to take and is a slightly more stern measure once you’ve extended every other possible kindness.

It’s not necessarily legally required to send one of these notices. Still, on the off-chance things take a more acrimonious turn, you’ll have a document proving your good-faith effort to collect rent punctually.

Familiarize Yourself With The Eviction Diversion Program

Philadelphia’s Eviction Diversion Program (EDP) is nationally recognized.

The idea behind the EDP is to ensure residential landlord-tenant issues can be resolved without the situation reaching court. The idea is to prevent city resources from being poured into a drawn-out legal process.

As a landlord, you’re expected to participate in the EDP in good faith before you can embark on any legal eviction efforts.

Make Rent Easy To Pay

Before the word “eviction” even enters your mind, it’s worth asking if you’re making rent collection easy on yourself and your tenants.

Sometimes, late rent doesn’t concern your tenant’s financial problems. Nor does it involve anything overly negative or melodramatic.

Late rent payments can plainly be a result of human error and forgetfulness. In this instance, the problem can be resolved by making rent easier to pay and collect so that your tenant won’t forget or face any barriers in getting the money to you.

For example, GM Holdings’ platform allows tenants to seamlessly pay rent online .

The process is over instantaneously and is so straightforward it won’t slip their mind. Rent will be on time each month, eliminating all potential complications and frustrations while fostering harmonious tenant-landlord relations.

How To Avoid Common Rental Application Mistakes

Tue, 03 Oct 2023 13:06:57 GMT

Landlords lay the foundation for thriving relationships with their tenants through a fine-tuned rental application process.

That said, this process–and the related paperwork–can be a landmine for landlords, leading to costly mistakes and endless headaches.

Below, we’re offering a guide on avoiding blunders during the rental application process, helping ensure you fill your rental unit vacancies with the most qualified tenants.

Don’t Violate Fair Housing Laws

Familiarize yourself with fair housing regulations and laws.

The Fair Housing Act protects potential tenants from acts of discrimination targeting characteristics such as:

Religion
Race
Color
Sex
Disability
Familial status
National origin

Fair housing law compliance requires that all applicants are treated fairly and equally. Remove personal preferences and biases from the application process while prioritizing objective criteria.

Ensure All Applications Are Complete

Perform rigorous due diligence to ensure the application forms are filled out with all necessary information.

When applications are incomplete, you’ll not have the whole picture of an applicant’s qualifications. Furthermore, it could cause delays in your tenant search.

Reduce questions and complications by making an easy-to-comprehend application. Also, clearly communicate to potential renters your need for the following information:

Income
Rental history
References

These details will enable you to make the best–and most informed–decision.

Rental Rates Must Be Correct

Competitive but reasonable rental rates will attract the most viable tenants.

You’ll land on the best rates after thoroughly researching the local rental market and weighing other factors to determine your property’s fair market value.

It’s crucial to hit the mark with rental rates.

Going too high will be like tenant repellant. Nobody wants to get raked over the coals when they know a property of similar quality down the street is charging half the price.

Conversely, an overly low rate will raise different types of alarm bells. Potential tenants will be concerned about the property’s conditions and wonder what secrets you’re hiding.

Finding that perfect middle ground–not too high or too low–will garner the attention of the upstanding tenants you want to attract.

Charge A Reasonable Price For The Security Deposit

A security deposit is an absolute must as a landlord. You want to give tenants added impetus to treat your property with the utmost respect.

However, there’s another side to this coin. Many landlords charge too much for their security deposit, scaring off potentially great applicants.

Moreover, excessive security deposit prices can break state and local laws. Thus, you might land in legal trouble if you’re unaware of these limitations.

Even if the state limit is relatively high, research the standard amounts for similar properties in the surrounding neighborhood. The closer you are to average, the likelier you are to attract the most ideal tenants.

Take Your Time When Screening Tenants

Ensuring all i’s are dotted and t’s crossed on rental applications will help you find the most qualified and reliable tenants. Yet, one crucial component will prove itself a pivotal difference-maker–the tenant screening process.

Finding the most suitable tenant is a nuanced process. As the old saying goes, you don’t want to judge a book by its cover.

Scrutiny–of a reasonable variety–is a must. You want a trustworthy tenant to treat your property with the utmost respect while always being on time with rent.

Thus, you’ll want to verify the following categories for each tenant:

Income
Credit history
Rental history
References

We understand the eagerness to fill a rental property vacancy. The resulting income coming your way is a compelling proposition. Still, the screening process requires a metaphorical fine-tooth comb to ensure you don’t miss red flags or other essential details.

Tips For Application Evaluation

Below are tips for evaluating a tenant application:

Quickly scanning applications will lead to oversights. Read each form thoroughly to ensure all necessary information is provided and all sections are filled.
Check the applicant’s identification documents (e.g., driver’s license) to confirm their identity. Assess their criminal history with background checks to ensure no red flags exist.
Ask potential tenants for documents that verify their employment stability and income (e.g., employment verification letters, tax returns, and pay stubs).
Running a credit check on your applicant will convey their history of trustworthy financial behavior. More specifically, it’ll show they’ll be on time for rent. You’ll need to ask applicants for permission to do this.
Contact an applicant’s prior landlords and ask about their lease term adherence, payment history, and potential rental issues.
Contact the applicant’s provided references (professional and personal) to glean insights about their reliability and character.
Compare all applications you receive to decide who best meets your criteria.
Examine whether an applicant’s lifestyle aligns with your property. For example, a large family won’t necessarily be ideal for a meagerly-sized apartment unit.

We understand the rental application process is a lot of work. Fortunately, GM Holdings handles the rental application process for landlords who use our services. Contact us today to learn more!

Intro to Rental Property Licensing in Philadelphia

Wed, 06 Sep 2023 14:08:30 GMT

Philly landlords stand to generate a substantial profit. Yet, there’s more to becoming a landlord than simply buying a property and collecting rent. There’s red tape and many potential regulatory landmines.

GM Holdings is an expert in rentals in Philadelphia. Thus, we know the ins and outs of property licensing and will explore the topic below:

Understanding Rental Property Licensing

Any landlord or property owner looking to rent in Philadelphia must acquire a rental license to rent to tenants. A separate rental license is necessary for each building of owners/landlords with multiple buildings [1] .

The Department of Licenses and Inspections (L&I) doles out these licenses.

It’s a code violation to rent without a license in Philadelphia. Thus, anyone who does so will be subject to a $300 daily fine. Provided a relevant party gets wind of rental properties operating without licenses, that number can pile up fast if it happens daily (potentially on multiple properties) [2] .

Here’s one consequence of lacking a license: You need one to legally evict a tenant who isn’t keeping up with rent.

Philadelphia's Rental Property Licensing Requirements

Before receiving your Philadelphia rental property license requirements, you’ll need a Business Privilege License. Note that these licenses are handed out per owner name. Thus, if you own a property as a corporation and another individually, each requires a license.

In shared properties, all owners need a Commercial Activity License. These are free [3]. However, if you put it on hold, you must reactivate it.

You’ll also require a Philadelphia Certificate of Rental Suitability sixty days before the Lease Start Date [4] .

A Limited Lodging Operator License is also required for limited lodging. A rental housing license isn’t needed in these instances [5] .

Additionally, units being occupied by family members don’t require licensing. What they do need, however, is a Non-Rental Affidavit [6] .

A Business Income and Receipts Tax ID (BIRT) is another requirement.

The Application Process

Here’s a step-by-step breakdown of what you’ll need to apply for a Philly housing rental license [7] :

Obtain your Philly Business Tax Acct Number and Commercial Activity License.
Ensure you have the property's Certificate of Occupancy and zoning approval. Lacking these permits will prevent you from getting your license for the property.
Confirm that your property doesn’t have any outstanding violations. You won’t receive your license if there are any.
Pay any outstanding property taxes owed to The City of Philadelphia.
Any properties built before 1978 with a child under six will require that you perform due diligence to ensure the property is lead-safe or lead-free. You must provide tenants with specific materials and statements in these instances.
You’ll need to fill out the application form. Click here to learn how to fill it out.

You’ll also require the following ownership information:

New owners require a recorded deed or settlement sheet signed by the seller and buyer as proof of ownership. An agreement of sale or a receipt of sheriff’s sale won’t be accepted.
Those outside of Philadelphia seeking a rental property license need a managing agent with a Philly mailing address to put on the application. The agent interfaces with L&I. This scenario necessitates the license application be submitted under the property owner’s commercial property license. The property owner will be legally responsible for the license, as they’ll be listed as the license holder.
Company-owned property landlords must provide the mailing address and name of anyone with over 49% property ownership interest or the two people with the most interest.

Apply online through the eCLIPSE platform , which should only take five business days to process.

Maintaining Compliance

You must comply with all state, local, and federal regulations, including [8] :

Security deposit laws.
Fair housing laws.
Eviction laws.

It’s expected that rental properties are safe and habitable. For instance, fire protection and smoke detectors should be functioning optimally and tested. Your property must be well-maintained through each lease period.

Note that all tenants can bring attention to livability issues by calling the L&I’s inspection line at 311 [9] . A call can also be placed by dissatisfied tenants to the Public Housing Agency.

Code violations result in daily $300 fines.

One of the best ways to ensure a good relationship with inspectors and licensing bodies is by fostering a good relationship with tenants and ensuring they have no reason to call 311. This means meeting their needs and providing prompt repairs when necessary. You should inspect the property to ensure the space is in good shape up to three times yearly.

Updates And Changes To Regulations

Changes in Philly-based rental licensing have occurred in short-term rentals like Airbnb and VRBO [10] .

More rigorous practices are being implemented as the Soccer World Cup is coming to the City Of Brotherly Love. New licensing and zoning permits are now required for these short-term rentals. Previously, these short-term rental properties weren’t regulated.

This more rigorous enforcement stemmed from such properties being left in disrepair and causing issues for neighbors.

Benefits of Professional Property Management

Rental licensing and its many facets present many challenges for landlords and owners. It’s additional legwork that calls for much due diligence and extra resources.

However, staying on top of licensing and regulatory needs is integral to maintaining good relationships with regulatory authorities and tenants. It will ensure you don’t run into legal and financial snafus that could derail your business.

You could streamline these processes with a property management company like GM Holdings. We handle these nuts and bolts issues seamlessly for clients like you while you can focus on bolstering your bottom line.

Visit our web page to check out our client testimonials! You’ll see how the people who work with us appreciate our commitment to 100% client satisfaction.

Conclusion

Rental property licensing is integral to remaining above board and ensuring optimal relations between tenants and landlords. Failing to have the appropriate licensing and ignoring compliance can cause regulatory issues that lead to financial damages while sullying your business reputation.

Learn more about the inner workings of rental licensing by contacting GM Holdings today at (215) 425-4475 or through our website .

Also, check out The City Of Philadelphia Rental License web page for more information.

(Disclaimer: We are not providing professional legal advice, and all the laws discussed are subject to change as of the writing of this guide.)

Sources:

Apartments for Rent in Harrowgate, Philadelphia - GM Holdings

Mon, 14 Aug 2023 17:46:42 GMT

Welcome to GM Holdings’ landing page for Harrowgate, Philadelphia apartments. Or, if you’re moving to this charming, thriving community for the first time, welcome to the neighborhood!

We’re thrilled to be your go-to resource on Harrowgate as you search for your dream living space in the area.

Undoubtedly, the apartment-hunting process can feel chaotic without the appropriate assistance. Choosing your next place to live is always a weighty decision with meaningful, long-term implications.

Fortunately, a neighborhood expert, a trusted property management team, and a leasing company like GM Holdings can help you make the most informed living decision that bolsters your overall quality of life.

Featured Apartments for Rent in Harrowgate, Philadelphia

Our available lofts on J Street prove that luxury and affordability can indeed mesh harmoniously. Thus, these living spaces are ideal for someone moving to the Harrowgate neighborhood.

These lofts are an expertly designed mix of modern meets industrial, with each unit offering vast space and exceptional value.

Size and space are plentiful–the lofts range from 980-1400 square feet. The ceilings stand 12 feet high (at minimum), with the bi-level units boasting 32-foot-high ceilings.

Here are some of the most desirable J Street Lofts we offer:

3460 J St - 405, Philadelphia, PA 19134

This gorgeous 1,000-square-foot unit has two bedrooms–the hottest two in Harrowgate–and brand-new appliances throughout.

You’ll be thrilled with the spaciousness of the bedrooms and large closets. Plus, rainforest showers are featured in the two bathrooms.

A granite counter bolsters a gorgeously bright kitchen. The living room is massive, too, efficiently maximizing the available space.

Also, you'll enjoy an onsite gym, washer/drying in-unit, parking, and a rooftop offering an eye-catching view of the city.

This space is available for $2,500 per month.

Contact GM Holdings to learn more about this affordable-yet-luxurious living space.

3450 J St - 116, Philadelphia, PA 19134

A state-of-art washer-dryer combo is just one example of the new appliances found throughout this beautiful multi-level, one-bedroom, 1,065-square-foot unit.

This J Street apartment is a steal at $2000 per month, evidenced by the gorgeous kitchen, spacious living area, and half bathroom on the enormous first level. A master bedroom with roomy closets can be found on the second floor, equipped with a rainforest shower.

The third floor offers a splash of versatility. It can serve as an office space for you to work from home. Or it can be a den space that you also use for storage.

If security is a concern, you’ll be thrilled to hear that this unit is in a gated community. There’s 24-hour security and access to the parking lot.

Plus, there’s indoor gym access and an impressive communal outdoor/indoor space. You also don’t need to worry about getting locked out since the building has an electric lock system.

Get in touch with us now if you’d wish to discuss this incredible unit!

3460 J St - 202, Philadelphia, PA 19134

The bold style in this unit's comforting layout is only equaled by the gorgeous contemporary design on the J Street tower’s exterior.

This $1,000 square-foot space has two bedrooms and is equipped with top-of-line stainless steel appliances.

With two large bedrooms and two bathrooms, this top-of-line rental unit boasts an open kitchen and living spaces, offering clean room-to-room flow. The floor-to-ceiling windows throughout the apartment ensure you’re constantly surrounded by natural light.

The bathrooms have rainforest showers, while the bedrooms have ample closet space. This apartment is a shining example of cost-efficiency at $2,250 per month!

Are you interested in this unit? If so, contact GM Holdings with your inquiries!

Why Choose Harrowgate, Philadelphia?

Harrowgate is a bustling Philly neighborhood west of Port Richmond and north of Fishtown.

An attractive feature of this area is the affordability of apartments–especially compared to Fishtown. Yet, you aren’t sacrificing quality of life by living here. This historical industrial center is on a significant upswing and is breaking out as we speak. Residents love living here!

To the above point, professionals seeking a fast-paced environment but looking to avoid the substantial price tag of Center City locations are snatching up Harrowgate apartments rapidly.

Additionally, families are being steadily drawn to this flourishing area because of the vast Harrowgate Park.

Commuting is made easy in Harrowgate by the seamless neighborhood transit system. It’s also close to a wealth of restaurants and bars, meaning fun times are always a stone’s throw away.

Parents will also be happy to know that the neighborhood is close to multiple schools, such as John H. Webster School, Frances E. Willard Elementary, and Deep Roots Charter School.

Attractions in the area include Philadelphia’s Magic Gardens and Independence National Historical Park.

The Harrowgate area is also richly diverse, filled with young professionals, families, and individuals from all walks of life. There’s no denying the vibrant community heartbeat in the neighborhood. Everybody is close-knit and does their best to make every member feel like they belong.

Our Property Management Services

GM's primary service and most thorough area of expertise is Philadelphia property management.

The enthusiastic, passionate, and highly skilled team of property managers and leasing agents at GM Holdings is here to provide exceptional experiences for tenants. We collect rent and perform building maintenance, ensuring high-level property management that keeps renters happy.

A crucial difference-maker for tenants relying on our property management services is our Appfolio feature.

Specifically, Appfolio enables renters to seamlessly pay rent directly from their savings or checking accounts. This virtual system ensures tenant communications are maintained and fostered.

Thus, we remain involved and dialed into the comings and goings of tenants, ensuring they benefit from the smoothest possible processes.

We are always there for tenants. Regardless of a renter’s inquiry or concern, we’ll be available to shed light, provide solutions, and listen to feedback. The end goal is to offer the most fine-tuned, efficient, and intuitive services that make your life easier.

How to Apply for an Apartment

Here’s a breakdown of how to apply for a unit with GM Holdings:

Visit gmholdingsmanagement.com .
Hover over “Properties” on the banner near the top of the page. You’ll then see a drop-down menu with “Commercial Properties” and “Residential Properties.” Click on “Residential Properties.”
Search for an apartment using the available filters. Or, type “Harrowgate” or “J Street” into the search field.
Click on one of the generated results.
Upon finding an apartment you like, click the “Apply Now” button on the left of the page.
From there, you’ll be taken through a series of prompts that make the application process seamless.

Below are the requirements for a straightforward, hassle-free application process:

You’ll need a valid form of ID and proof of income.
Provide three years of residential history.
We’ll need contact information for all rental references.
Monthly income information will be required.
Typically, properties require an applicant’s combined gross income to be 3x (at minimum) of the monthly rent amount.

Note the $50.00 application fee. Also, applicants must be 18 or older.

Do you want to schedule a property viewing? Give us a call at (215) 425-4475. We’re open from 9am to 5pm on weekdays and 8am until noon on Saturdays.

Testimonials and Reviews

Making our tenants happy is our number-one objective at GM Holdings. For proof, look no further than our Google Review page . You’ll find a long list of satisfied individuals thrilled with our hassle-free approach.

For instance, Samantha Creamer raved about how much thought and care we put into our buildings and how the entire process was a breeze.

Then, there’s Kenneth Collins. He left New York City and moved to Philadelphia because of us! He believes in our vision regarding industrial property renovations into chic living spaces. Plus, he raved about the tremendous respect with which he’s treated.

Or, there’s Sam Oropeza, who believes we’re responsible for the most unique apartments throughout Philly.

Our team is filled with vastly experienced real estate pros and property managers who’ve spent years in the field. They have a profound understanding of keeping clients happy and making their lives easier. We’re always available to lend a helping hand or offer an ear if you have feedback to help improve our services.

Contact Us Today!

Do you want more information about our exceptional living spaces in the Harrowgate neighborhood? You can fill out our easy-to-complete form with your details and inquiries.

Or you can call us at (215) 425-4475 with any questions during office hours for immediate assistance.

Living in your dream J Street loft is a phone call or a few presses of the keyboard away. We’ll ensure you end up in the right place that suits your lifestyle and budget.

Conclusion: Take The Next Step Toward Finding Your Dream Apartment

Harrowgate is a budding, diverse community that GM Holdings can give you exclusive access to through our expertise in the area. You have the opportunity to live in a luxurious setting at affordable pricing in a neighborhood connected to the city but away from all the noise.

GM Holdings has been working with viable renters like you for years. We’ve placed people in their dream living spaces and helped bolster their quality of life, harnessing the magic of the City Of Brotherly Love.

Visit our website, examine our residential properties , and take the next step toward living your best life in Philadelphia.

Why Harrowgate is Philadelphia's Next Hot Neighborhood

Mon, 14 Aug 2023 17:26:26 GMT

Why Harrowgate is Philadelphia's Next Hot Neighborhood

A beautiful blend of historic charm and modern appeal, Harrowgate is a neighborhood that's writing its own success story.

Tucked away in the heart of Philadelphia, this rising star holds endless possibilities for both landlords and tenants.

Among the key players aiding this transformation is GM Holdings, a reputed property management and leasing company based in Philadelphia, known for its deep-rooted connection to the community and extensive real estate portfolio.

Harrowgate: A Neighborhood on the Rise

Harrowgate's narrative begins in the late 18th century, an era marked by its industrial prowess. Once a vital cog in the wheel of Philadelphia's economic machine, this neighborhood was home to numerous factories and warehouses, a testament to the city's industrial heart. Over the years, as the city evolved, so did Harrowgate, shifting gears from a hardworking industrial hub to a residential enclave attracting a diverse population.

This shift began subtly at first but gained momentum as the years passed, with the early 21st century heralding a new chapter in Harrowgate's history. The arrival of fresh ideas, coupled with the city's commitment to urban renewal, instigated a dynamic transformation.

Buildings that once echoed with the clamor of machinery have been meticulously renovated into modern apartments and townhomes. These once-forgotten structures have found a new purpose, morphing from remnants of a bygone era into iconic pillars of Harrowgate's present-day landscape.

This sweeping urban revitalization hasn't gone unnoticed. The architectural elegance of Harrowgate’s new abodes, seamlessly blended with the neighborhood’s rich history, has generated considerable excitement among those looking for a place to call home. The character and uniqueness of these renovated spaces have a magnetic draw, attracting both first-time homebuyers and seasoned property investors.

Moreover, the neighborhood’s evolution is not merely confined to the physical transformation of its buildings. Alongside the structural changes, a vibrant community spirit has taken root. The area is flourishing with renewed vitality, painting Harrowgate as a neighborhood not just emerging, but confidently blooming, offering an alluring prospect for anyone searching for a blend of historical charm and modern convenience.

Location and Accessibility

Positioned just north of the dynamic heart of Philadelphia, Harrowgate presents an opportunity for tranquil living that remains firmly tethered to the city's vibrancy. It's an enclave of peace and comfort that doesn't forgo the buzzing city experience, but instead offers an ideal balance between the two.

Strategically adjacent to I-95 and connected by an intricate network of arterial roads, Harrowgate provides effortless accessibility. With efficient public transit routes crisscrossing the neighborhood, residents can enjoy the ease of commuting to work, school, or anywhere else in the city.

This prime location doesn’t just streamline commutes. It opens up a world of urban experiences that Philadelphia is renowned for. A short distance away are the city's culinary epicenters, offering an eclectic mix of gastronomic delights. Be it a casual bite at a local deli or a gourmet meal at a world-class restaurant, Harrowgate's position makes it convenient to experience Philadelphia's food scene.

The neighborhood’s proximity also extends to some of the region's most prestigious educational institutions and health centers. World-renowned universities and top-tier hospitals are easily accessible, fostering a living environment that's not only enjoyable, but also offers the reassurance of nearby top-quality services. In Harrowgate, convenience and tranquility coexist harmoniously, enhancing the appeal of this vibrant neighborhood.

Affordability and Investment Potential

In today's market, finding affordable housing that doesn't compromise on living standards can be a challenge. Harrowgate, however, stands as an exception to this trend. The neighborhood offers a plethora of cost-effective housing options, from compact studio apartments to larger family homes, all characterized by their quality construction and tasteful design.

For renters and first-time homebuyers, Harrowgate's reasonable property prices are a breath of fresh air, offering an opportunity to enjoy city living without the usual hefty price tag. The neighborhood brings together the best of both worlds - urban convenience and affordability, making it an increasingly sought-after destination.

On the other hand, the appeal of Harrowgate extends beyond those looking for a place to live. For property investors and landlords, Harrowgate has emerged as a hub of lucrative investment potential. Over recent years, the neighborhood has observed a steady and consistent rise in property values, a trend that shows no signs of slowing down.

Investment decisions are often data-driven, and the numbers coming out of Harrowgate make for an appealing case. A combination of growing demand, increasing property prices, and positive market trends underline Harrowgate's promise as an investment hotspot. Whether it's the potential for rental income or capital appreciation, property investors are likely to find the neighborhood a fertile ground for growth.

Neighborhood Charm and Amenities

While Harrowgate’s affordability and strategic location are undeniably appealing, the true essence of the neighborhood's charm lies within its thriving community. The moment you set foot in Harrowgate, you are greeted by the friendly faces of neighbors, their warmth and camaraderie fostering an environment that feels not just like a neighborhood, but like an extended family. This palpable sense of community contributes to a close-knit atmosphere where neighbors look out for each other, instilling a feeling of safety and belonging.

Complementing this community spirit is an abundance of green spaces, adding a refreshing verdant touch to the urban landscape. The neighborhood's parks and recreational areas serve as communal backyards, offering residents a place to relax, play, and connect with nature. These pockets of tranquility further enhance Harrowgate's residential appeal, providing ideal spots for picnics, dog walks, or casual strolls.

Equally enticing is the vibrant mix of local businesses that dot Harrowgate. From artisanal bakeries and cozy coffee shops to unique boutiques and sophisticated restaurants, the neighborhood offers a shopping and dining experience that caters to a variety of tastes and preferences. These businesses, many of them owned and operated by locals, contribute to the unique, vibrant character of Harrowgate, making the neighborhood not just a place to live, but a lifestyle destination.

Thus, Harrowgate's allure extends far beyond the surface. It's a neighborhood where the sense of community is heartfelt, the green spaces are cherished, and local businesses add an extra layer of vibrancy. This is what gives Harrowgate its undeniable, magnetic pull, making it more than a neighborhood - it's a place to call home.

Future Developments

Harrowgate's narrative is far from complete, with a new era of growth and development beckoning on the horizon. City planners and developers have their eyes set on an ambitious vision for the neighborhood, ensuring Harrowgate's continued evolution without losing sight of its unique character and charm.

Key to this vision are a host of urban renewal projects that are slated to redefine the neighborhood's landscape. While details are still forthcoming, these initiatives are expected to seamlessly blend with the existing architectural fabric of Harrowgate, maintaining its rich historical resonance while introducing modern convenience. From upgraded infrastructure to revitalized public spaces, these projects hold the promise of elevating the living experience for residents.

Beyond the physical changes, Harrowgate's commercial scene is also set for a significant boost. The neighborhood is poised to welcome a wave of new businesses, further diversifying its already vibrant commercial landscape. From trendy boutiques to innovative start-ups, these fresh additions will add an extra layer of vibrancy, enhancing Harrowgate's appeal as a live-work-play destination.

Real-Life Testimonials

Harrowgate isn't just a neighborhood; it's a community, a sentiment echoed by the numerous residents who have shared glowing testimonials about their living experiences. They talk of the friendly atmosphere, the shared smiles and waves with passing neighbors, and the camaraderie that infuses the neighborhood with an uplifting sense of belonging.

Residents also speak highly of the pivotal role GM Holdings has played in shaping their Harrowgate experience. As a reputable property management company, GM Holdings has established a strong presence in the neighborhood, offering efficient, responsive services that have won the appreciation of landlords and tenants alike. From seamless property management to excellent tenant services, GM Holdings has left an indelible mark on the community.

The residents' accolades extend to the myriad neighborhood amenities, from verdant parks to vibrant local businesses, all contributing to a fulfilling living environment. But beyond the physical attributes, it's the intangible elements - the sense of security, the friendly faces, the genuine community spirit - that truly define the Harrowgate living experience.

GM Holdings: Your Guide to Harrowgate

As a seasoned expert in Harrowgate's real estate scene, GM Holdings can guide you through the neighborhood’s diverse array of properties. Whether you're a landlord seeking reliable property management services or a potential tenant looking for a dream home, GM Holdings is committed to offering professional assistance. We encourage interested parties to reach out for personalized assistance and property viewings.

Conclusion

Harrowgate is undeniably Philadelphia's next hot neighborhood, offering an unbeatable combination of history, convenience, affordability, and charm. It's a vibrant and inclusive community ready to welcome you. With GM Holdings as your trusted partner, you're invited to explore the opportunities that await in Harrowgate. Join us in crafting the next chapter of this fascinating neighborhood.

How Much Does it Cost to Live Comfortably in Philadelphia

Thu, 06 Jul 2023 14:14:06 GMT

Are you thinking about moving to Philadelphia, but you aren’t sure about the living costs? This concern is a reasonable one.

You might have many job prospects in the city to guarantee a source of income. You could even have stored enough savings to get you through rocky times when you don’t have work.

All the same, even a healthy surplus of funds can evaporate if you’re living beyond your means.

A delicate balance must also be considered. We can give you a spoiler that Philly is more expensive than many communities throughout the US. However, The City Of Brotherly Love is a thriving cultural hub. It offers more quality-of-life benefits than other, more upfront-affordable places in the country.

Even still (prepare for another spoiler), you’ll find that Philadelphia is very affordable for a big city. It possesses a similar pulse to areas like New York and Los Angeles without being comically expensive.

In this blog, we’ll explore the question, “How much does it cost to live comfortably in Philly?”

The Cost Of Living In Philadelphia

Without considering rent, living in Philly costs the average family $4,322.70 per month. It’ll cost one person about $1,196.90 to live in Philly.

You’ll notice that the average cost of rent in Philly fluctuates depending on your source. We’re using Numbeo as our source in this particular article, which provides the following numbers for monthly rent:

The average rent per month for a one-bedroom apartment in Philly’s city center is $1,908.45.
Outside the city center, rent in Philly costs $1,307.58 for a one-bedroom apartment.
A three-bedroom apartment has an average monthly rent of $3,177.36 in Philly’s city center.
There’s a $2,104.38 monthly rental cost for a three-bedroom apartment outside Philly's city center.

Let’s then examine the cost of utilities in Philly:

Basic utilities (i.e., heating, electricity, water, cooling, garbage) cost $170.75 monthly for an 85m2 apartment.
A 10 GB+ data monthly mobile plan with calls costs $43.00.
Internet with unlimited data, cable/ADSL, and 60 MBPS or more costs $65.95 per month.

Do you have a young child? If so, full-day private preschool or kindergarten costs $1,475 per month.

Here are some of the average transportation costs when living in Philly:

It costs $2.50 for one-way public transportation.
A monthly public transportation pass costs $96.
Gasoline is–on average–$1.01 per liter.
For starters, a taxi costs $6.00. It then costs $3.42 per kilometer.

Also, it costs $25.00 on average for a meal at an inexpensive restaurant in Philly. It’s about $75.00 for a three-course meal for two people at a mid-range restaurant and $9.00 if you want to eat a combo at a fast food chain like McDonald’s.

How Much Are Taxes In Philadelphia?

Another consideration for the costs of living in Philly is the tax rates.

There’s an 8% minimum combined sales tax rate in Philly in 2023 . This combines state, city, and county sales tax rates. Currently, the Pennsylvania tax rate is 6%, while there’s a 2% county sales tax rate.

Pennsylvania’s flat income tax rate is 3.07% , the lowest of any state with flat tax rates. A Philly resident earning nearly $52,000 in annual salary would take home around $41,000 when combining state, local, federal, and FICA taxes.

How Do You Know If You’re “Living Comfortably?”

Say the monthly cost of living in Philly (for one person) vastly outweighs your monthly income. In this case, you likely can’t live comfortably here (until you move up in pay grade). That’s relatively cut and dry.

However, say you do make enough to cover the monthly living costs in Philly. Does that necessarily mean you have enough to live comfortably here?

Yes–you’d get by if you make enough to cover immediate living costs. But “getting by” and “living comfortably” aren’t the same.

Below are some savings guidelines ( according to CNBC ) that should be considered before making a move to the City Of Brotherly Love:

By 30 years old, you should have the equivalent of your annual salary saved (if you earn $50,000 yearly, you should have that much in your savings).
Three times your annual income should be saved by 40.
Six times your annual income should be saved by 50.

These are–by no means–hard and fast rules, but they’re good guidelines. You don’t want to live somewhere that prevents you from saving and solidifying your future.

How Expensive Is Philadelphia Compared To Other Big Cities?

Philadelphia will cost more than a less centralized hub–there’s no candy coating this fact.

However, how does Philly stack up against other big cities?

First, there’s New York–which is 37% more expensive to live in than Philly . Los Angeles is listed as 67.8% costlier than Philly.

Even when moving away from cultural juggernauts like New York and LA, Philly’s living costs remain highly affordable.

For instance, Boston’s living costs are 33.8% higher than Philly’s. Also, Denver is 17.8% more expensive than Philly , while Seattle's living costs are 19.5% higher than Philly’s.

We can understand the lure of living in cities like New York and LA. They are iconic–both synonymous with America's global image.

However, we’d argue that Philly has a transcendent (and iconic) identity of its own. It has a rich culture and is steeped in history. Residents benefit from a similar heartbeat and cache to New York and LA without the ludicrous living costs.

Considering A Move To Philly? Reach Out To GM Holdings

Are you considering renting (or purchasing a rental property) in Philly? The City Of Brotherly Love offers an array of benefits for your quality of life, including some of the most reasonable living costs you'd find in any big city.

Contact GM Holdings today if you have any questions about living in Philadelphia. We’re passionate about educating our audience about the place we’re proud to call home.

Is Rent Expensive in Philadelphia?

Thu, 06 Jul 2023 14:08:25 GMT

Why wouldn’t you want to live in Philadelphia?

The city is a life force of its own. When you walk the streets and take in the exquisite architecture–a blend of modern and historical structures–you simultaneously exist in a rich past, flourishing present, and promising future.

Philly’s cuisine is second to none, offering the local classics synonymous with the cities and an eclectic mix of international options.

There’s a heartbeat in Philadelphia. Residents are passionate and welcoming. They’re proud of their sports teams, music, movies, and art. You don’t need to travel far to find a place to enjoy a stimulating conversation about any topic above (and more) with a fellow local.

That said, there’s always another side to the coin. You’ve always got to be prepared for the other shoe to drop.

For instance, rent is typically a deterrent for many people wanting to move to a big city. After all, you’ve generally got to pay for the quality of life offered by big cities–and Philadelphia is a top-tier, enriching place to live.

Looking at the numbers, though, you might be pleasantly surprised with what you learn about the cost of rent in Philadelphia. Read on as we explore this topic further:

What Is The Average Rent In Philadelphia?

Per RentCafe, it costs $1,896 on average to rent an apartment in Philadelphia . The average apartment size in Philly is 791 sq. ft.

RentCafe also cites the average rent in the US at $1,702.

If you’re budget conscious, an almost additional $150 per month seems like a lot of money.

Nonetheless, that number isn't a full representation of rent in Philadelphia. Averages are complicated and contextual. For one, national averages weigh places like Springfield, Missouri, which has a $1,400 average monthly rent.

Of course, this is nothing against Springfield, Missouri. It's a perfectly fine place to live. It’s just that Philadelphia is a cultural hub. We’re talking about the home of the Phillies, Eagles, and 76ers. The Fresh Prince and Rocky Balboa started their journeys here. Thomas Jefferson wrote the Declaration of Independence here!

You’ll always have to pay more for quality–and Philadelphia offers its residents high-quality, diverse, and thriving lifestyles.

That said, there’s a difference between paying more for an enhanced quality of life and getting raked over the coals.

With the above statement in mind, where does Philly rank amongst similarly big cities with a transcendent heartbeat?

Is Rent Expensive In Philadelphia Compared To Other Big Cities?

The best way to discern the cost-efficiency of living in Philadelphia is by comparing it to other big cities like New York and LA.

RentCafe has rent in LA at $2,781 per month . In Manhattan, New York, the average rent for a standard apartment is $4,614 .

Furthermore, in San Francisco, the average monthly rent is $3,313 . There’s also San Diego’s rent coming in at $2,917 . Seattle’s average rent is $2,223 . It’ll cost you around $2,215 to rent an apartment in Chicago. Denver is a bit less expensive than the other cities we’ve mentioned but still more costly than Philadelphia, with an average rent of $1,967 per month . We’d be remiss to not mention the average $2,327 rent in Washington, DC.

These numbers paint a very clear picture–Philadelphia’s average rent might be higher than less centralized regions in the US. Still, it’s exceptionally affordable among other big cities.

These more expensive big cities have their reasons for their high rent. They’re hubs that attract people in droves. LA and New York have their mainstream reputations, for instance. Chicago–the windy city–-also has a rich history and notoriety for its immersive culture. Seattle, San Francisco, San Diego, and Denver all offer their own distinct quality of life benefits.

However, Philadelphia more than stacks up to these cities, offering similar benefits to its residents at far more affordable living costs.

We still want to give a fair representation. Philadelphia doesn’t have the lowest rent among larger cities. For instance, renting in Houston costs an average of $1,334 . The average monthly rent in Atlanta is $1846 .

All the same, Philadelphia is near the most affordable of all big cities. It packs the same iconic punch as places like New York and LA with a bit more tenacity and authenticity.

Other Considerations For Renting In Philly

Without weighing rent as a factor, the monthly living costs in Philadelphia are $4,320 for a family of four.

One person would need $1,196.10 monthly to afford to live in Philadelphia without considering rent . These expenses are 18% lower than in New Yew York (without including rent).

These living costs can seem anywhere between insurmountable and highly cost-efficient, depending on how much you make. Fortunately, ZipCruiter lists the average annual salary in Philadelphia as $70,374 , which is $33.83 per hour. That’s $1,353 per week and $5,864 per month–more than enough for living costs and rent and enough funds left over to save, invest, or spend as you wish.

Let’s compare this to New York, where ZipRecruiter reports having an average $50,501 income. Yet, rent is vastly more expensive in New York than in Philly, as is the cost of living.

Philadelphia allows its residents to earn more at lower living costs than the Big Apple, further solidifying itself as an affordable big city with an unforgettable cultural heartbeat.

Furthermore, Philadelphia has a higher median household income than the national average. Those living in the City Of Brotherly Love are set up for success with cost-friendly living and well-paying jobs.

Conclusion: Ready To Make Your Move To Philadelphia?

Do you want to learn more about the renting opportunities in Philadelphia (as either a landlord or tenant)? Feel free to reach out to the team at GM Holdings.

Philly is our stomping grounds, and we’re always eager to help people get a better lay of the land. Contact us with your inquiries about rentals and Philly, and we’ll reply promptly and insightfully.

Navigating Philadelphia's Landlord-Tenant Laws

Tue, 06 Jun 2023 14:01:32 GMT

A Guide for Property Owners and Managers

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

Top Neighborhoods for Real Estate Investments in Philadelphia

Tue, 06 Jun 2023 13:47:13 GMT

With a rich history, diverse neighborhoods, and abundant economic opportunities, it's no wonder Philadelphia is one of the hottest cities in the U.S. for real estate investments. It's a place where people are reminded of the past and inspired to create the future. The city has witnessed significant development and revitalization efforts in recent years, with numerous projects focusing on transforming vacant buildings and lots into vibrant residential and commercial spaces. As the city continues to grow and the economy draws young professionals, it's a good time to be a real estate investor in Philadelphia. Philadelphia has a robust rental market driven by its large population and the presence of several prestigious universities and colleges. The demand for rental properties is consistently high, providing investors with a steady stream of income and the potential for long-term returns.

Real estate investors look to Philadelphia’s most desirable locations and up-and-coming neighborhoods where they are most likely to see a return. These are some of the top neighborhoods for real estate investments in Philly in 2023.

Fishtown

Located on the city's east side along the Delaware River, Fishtown is something of a poster child for up-and-coming neighborhoods in Philly. This traditionally working-class neighborhood, once home to commercial fishermen, has been on the rise for a few years now. Today, it is better known as a haven for the city's young, cool, artistic types. It's also home to some excellent restaurants, galleries, and entertainment venues. La Colombe coffee roasters, Pizzeria Beddia, and the Fillmore are all located in Fishtown. And, while real estate prices have started creeping up in recent years, they're still lower than many other parts of the city, making Fishtown an attractive option for investors. According to Redfin, Fishtown home prices were up 3.3% compared to last year, selling for a median price of $377K.

Brewerytown

Brewerytown is one of the newest neighborhoods to grab investors’ attention. Located in North Philadelphia on the eastern bank of the Schuylkill River, this neighborhood is named for the many breweries that once operated here. While there are still a number of small breweries left for residents to enjoy, many of the old breweries have been converted into modern housing. Residents of Brewerytown enjoy close proximity to Center City without paying Center City housing prices. Prices here are relatively low at the moment but are expected to increase; in March of last year, the city announced community development partnerships to renovate 53 vacant and distressed buildings in Brewerytown.

Olde Kensington

Nestled between Fishtown and Northern Liberties is the Olde Kensington neighborhood. The formerly industrial neighborhood is experiencing a significant revitalization, making it a great option for real estate investors. A number of old factories have been converted into modern townhouses, condos, and apartments in recent years, attracting millennial renters and home buyers. The neighborhood is home to numerous art galleries, studios, and creative spaces, attracting artists, designers, and entrepreneurs. The presence of these artistic influences adds to the neighborhood's unique character and creative atmosphere. As the neighborhood has undergone a revitalization, property values in Olde Kensington have increased.

Also popular among developers recently is nearby West Kensington, where hundreds of abandoned properties have been transformed into single and multi-family homes.

Port Richmond

Port Richmond is another traditionally working-class neighborhood experiencing a glow-up at the moment. Located on the Delaware River bordering Kensington and Fishtown, Port Richmond is home to a deep-rooted Polish community. That longstanding sense of community is attractive to young professionals flocking to the neighborhood in search of a community that feels close to big city amenities.

Chestnut Hill

Affluent Chestnut Hill is known as Philadelphia's garden district. While this northwestern Philly neighborhood has higher home prices than most other neighborhoods in the city, investing in Chestnut Hill real estate isn't a bad idea for those who can afford it. This part of the city remains one of the most desirable locations for high-income families and executives alike. The neighborhood is attractive for its low crime rates, tree-lined streets, local parks, shops, and restaurants. Chestnut Hill is in close proximity to several prestigious educational institutions, including Chestnut Hill College and Germantown Friends School. The presence of these institutions can attract families and students, creating a potential rental market for investment properties. Demand for housing in this sought-after locale remains high, and property values here are less prone to fluctuation than in other neighborhoods in the city. While much of the neighborhood has a suburban feel, there are some condos and apartment buildings as well.

Logan Square

Another consistently popular neighborhood in Philadelphia is Logan Square. Like Chestnut Hill, property values and rental prices in Logan Square are higher than average for the city, but the payoff for investors can be higher over time. Logan Square is home to some of Philadelphia’s most iconic spots, including The Barnes Foundation, the Philadelphia Art Museum, the LOVE sculpture, and Philadelphia’s City Hall.

Strawberry Mansion

Another neighborhood in transition is Strawberry Mansion, located east of Fairmount Park in North Philly. In 2019, the William Penn Foundation committed 1.5 million dollars to the Neighborhood Transformation Initiative, which has helped to rekindle interest in this area. Strawberry Mansion offers a range of housing options, including rowhomes, multi-unit buildings, and apartment complexes. The area provides relatively affordable housing compared to other parts of the city, attracting renters and homebuyers. Housing prices here have been on the rise as the neighborhood and community experience further revitalization, so those who invest in this neighborhood will likely see a return on their investment in the years to come.

Should I Live Alone or with Roommates in Philadelphia?

Wed, 03 May 2023 12:13:35 GMT

Living in Philadelphia has many advantages. The cuisine is second to none, and there's a long list of activities for residents to enjoy. The city is simply bristling with culture and energy.

Moreover, Philadelphia offers residents many excellent places to live throughout the city.

To the above point, many residents living across The City Of Brotherly Love are renters. Some 307,740 Philadelphia households are renter-occupied. That's almost half of the homes in Philly!

Are you considering renting in Philadelphia? If so, you might be contemplating sharing your space with a roommate.

Below, we’ll discuss the pros and cons of living with a roommate in Philadelphia.

Pros Of Living With A Roommate In Philly

Here’s a list of advantages associated with having a roommate (or roommates) in Philadelphia:

Splitting The Cost Of Rent

According to RentCafe, the average cost of rent in Philly is just shy of $1,900 per month.

Even removing rent from the equation, the cost of living for a lone Philly resident is $1,158.40 per month.

Undoubtedly, Philadelphia is much less expensive than living somewhere like New York. It offers the big-city experience at a reduced cost versus other metropolises. Still, Philadelphia remains a big city and can still dwindle your bank account if you don’t take measures to protect your savings.

Living with a roommate or roommates can help split the cost of rent. Not only will you keep a few extra dollars in your pocket, but you'll also increase the size of your living space.

Help With Chores

While your landlord will be tasked with specific components of managing your property, renting still comes with its share of chores.

Cleaning a living space on your own can become daunting. Moreover, there can be added impetus to let things slide and get out of control when you’re living alone. Conversely, living with a roommate can keep you more accountable for fostering a clean and hygienic living space. Plus, it’s always easier when you can split the cleaning load.

Freedom Of Choice

Your choice of roommates isn’t limited to one group of people. Yes, you can place an ad in the paper to attract candidates (or respond to an ad). You can conduct or partake in interviews with prospective roomies.

Alternatively, you can share your living space with someone you already know. This could be a romantic partner, family member, or long-time friend.

Your choice depends on your circumstances and preferences. Sometimes, it’s better to room with random people to avoid complications with friends or significant others. Others prefer residing with people they know more intimately because of the inherent trust factor.

You Won’t Be Alone

Some people enjoy solitude, but many can find living alone to be an isolating experience. With roommates, you won’t suffer from feeling alone. Someone will always be there to hang out and share experiences with. You could watch your favorite shows together or play video/board games. Or, you’ll have someone to share a nightly cocktail with after a hard day’s work.

Plus, there’s the potential to have a pal to explore the city with. As we said in the intro, there’s lots to do in Philly. The ideal roommate could mean you have a proverbial partner in crime with which to enjoy legendary nights on the town. What more can you ask for?

You Can Split More Than Just Rent

You can save on more than rent when living with a roommate in Philly.

For instance, you can split furniture, kitchenware, and other household necessities like groceries, internet, and cable. Finding any way to relieve your financial burdens while bolstering your quality of life is always a win.

Cons Of Living With A Roommate In Philly

Here’s a list of disadvantages associated with having a roommate (or roommates) in Philadelphia:

Your Roommate Might Miss Payments

You’ll hold up your end of the bargain (barring extenuating circumstances) regarding rent and utilities. However, you can’t predict other people's actions–especially if you don’t know your roommate all that well. Even close friends or spouses can run into trouble and not be able to pony up when the time comes.

Suddenly, you’ll find yourself on the hook for your roommate’s missed payments. This can lead to tricky scenarios where you loan them money–nobody wants that.

A preventative measure is assessing your current roommate's work history. This process will be more straightforward with friends or spouses because you’ll know if they quit or get fired frequently. Strangers will require more due diligence (e.g., receiving references from past landlords).

Your Roommate Might Be Messy

Humanity is unpredictable. We expect everyone to want to live in a clean space–but reality can tell a different story. Many people are more than happy to make a mess and never clean it up. Before you know it, your apartment/rental unit will be overrun by dirty dishes and filthy laundry.

Note that any messy friend you might share an apartment with will continue to be messy when you live with them. This will be harder to detect with strangers, thus making it one of the steeper challenges you face when having roommates.

You May Not Get Along

This can happen with friends and strangers.

You could be best friends with someone until they become your roommate. Then, suddenly, you realize that your lifestyles and habits don’t mesh, and the whole scenario becomes disastrous.

Or, a stranger can be charming when you interview them. Their references might all check out. Even still, you may not jive with them once you actually become roommates. These personality clashes happen–it doesn’t mean either of you are bad people. Relationships are complex and are exponentially so when you live with someone you barely know.

Note: Avoid romantic entanglements with your roommate unless you’re moving in with someone who’s already a significant other.

Want to learn more about renting in Philly? Check out GM Holdings’ blog –a go-to resource for living in The City Of Brotherly Love.

Should I Buy a House or Rent in Philadelphia?

Wed, 03 May 2023 12:08:25 GMT

There are many reasons to love Philadelphia and many exceptional areas to buy or rent.

With all that said, we need to ask: to buy or to rent? It’s a loaded question–especially so in a city like Philadelphia.

After all, we can’t give you a concrete, one-size-fits-all answer. Buying or renting each has pros and cons, depending on your circumstances and overall needs.

Let’s explore the prospect of buying and renting in Philadelphia, weighing the benefits and disadvantages of each decision:

Introductory Principles To Buying Or Renting In Philly.

There are some hard-fast rules you should follow when renting or buying in Philly.

For one, don’t buy a home if your job stability is in question. Renting is the only way to go here. If your job is firmly secured, you can more confidently enter the home-buying market.

Also, be aware that the insights garnered from formulas and calculators that analyze your ability to buy a home are not particularly comprehensive. Yes–they can be a valuable tool, but they don’t tell the complete story because they don’t weigh various subjective factors that can prove more crucial than the numbers alone–we’ll discuss those factors below.

What Are The Pros Of Renting In Philadelphia?

Initially, you’ll only need the first/last month’s rent and a security deposit when renting. That's far less money than you'll need to buy a home. Plus, you’ll get your security deposit back once you move if you’ve left the rental unit in good condition.

Renting isn’t a long-term commitment. A Philadelphia lease typically lasts around a year. It’ll either be automatically renewed or terminated at the end of the contract. Thus, you won’t be tied down, which is crucial if you require freedom of movement in your life.

Housing markets and general economic shifts won’t impact renters. You may face slightly steeper or moderately decreased rental rates. However, sometimes-volatile factors like underwater mortgages, shadow inventory, and declining home values won’t hamper a renter’s ability to rent a home or apartment.

Another benefit of renting is that you can move neighborhood-to-neighborhood for a while, empowering you to carefully weigh where you want to lay down roots.

Renters don’t have to pay for in-home repairs–these expenses are on landlords. It also doesn’t take much time to start renting. Moving into your new place only takes about two to three weeks.

If you rent, you won’t need to pay real estate taxes or deal with the related hikes.

Lastly, the average rent in Philly right now is around $1,900 . That price can be relatively steep for some, but it can be offset by splitting the costs with a roommate.

What Are The Cons Of Renting In Philadelphia?

While renting a home or apartment unit, you don’t have much control over the property or its conditions.

You also won’t build any equity since your money goes to your landlord. Thus, renting isn’t the most feasible long-term option to help solidify your future. Furthermore, renting doesn’t offer any tax deduction benefits.

The Verdict On Renting In Philadelphia

Young people and those who could benefit from financial wiggle should likely rent instead of buying a home. Renting costs can indeed be high, but even then, you’re paying far less upfront than you will for a downpayment on a home. When you want to put down roots–and have the available resources and finances to do so–it might be time to move on from renting.

What Are The Pros Of Owning A Home In Philadelphia?

Once you’ve purchased a home, you’ll have complete control over your property. You can evolve, improve, and renovate your home’s interior and exterior to your heart’s content.

Mortgage rates in Philadelphia are currently 6.81% for fixed loans of 30 years and 6.08% for a 15-year fixed loan. These are affordable rates (provided you have the available funds to keep making mortgage payments).

Plus, every mortgage payment a homeowner makes helps build your equity. You receive substantial tax deductions for mortgage depreciation and interest.

Note also that the average cost of a home in Philadelphia is $213,244 . This is a reasonable price for most people in the position to buy homes. For added context, the typical home price across the US is $354,649 , per the Zillow Home Value Index.

What Are The Cons Of Owning A Home In Philadelphia?

Based on the statistics above, a 20% downpayment on an average Philly home would be $42,648. That’s a far steeper initial money outlay than renting, which would just require a few thousand dollars at most.

Homeowners also must save money for annual repairs and are subject to a lengthy closing process. While renting takes a couple of weeks to move in, purchasing your new abode can take 30-60 days.

You also don’t benefit from flexibility and freedom of movement like you would with renting. Once you buy a home, you should plan to live there for a minimum of five years.

Lastly, homeowners must pay real estate/ property taxes, which can increase from year to year.

The Verdict On Owning A Home In Philadelphia

Owning a home is a viable long-term goal if you want to lay down roots in Philadelphia. Often renting allows you to save money until you want to buy. Conversely, homeownership is a long-term investment that’s all but guaranteed to pay off and help solidify your future.

The primary setback with homeownership is one’s ability to afford it. That said, the average monthly mortgage cost in Pennsylvania is $1,071. That’s less than the monthly rent in Philadelphia. As long as you can afford your downpayment, your monthly mortgage in Philly can be cost-efficient if you're living in a household earning an adequate income.

In Conclusion: Should You Own Or Rent In Philadelphia?

There’s no shocking conclusion to this article. At the beginning of this blog, we already gave you the spoiler: the choice to buy or rent should rest upon your current circumstances and future goals.

Do you have any questions about Philadelphia’s housing or rental market? Contact GM Holdings today–we’d be thrilled to offer you some valuable insights.

The Best Non-Drinking Activities in Philadelphia

Wed, 05 Apr 2023 12:25:21 GMT

A Guide to Having Fun in the City of Brotherly Love Without the Booze

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

The Best Workout Classes in Philadelphia

Mon, 27 Mar 2023 13:32:42 GMT

Are you a fitness buff intending to move to a neighborhood in Philly?

Or, are you a landlord trying to attract a target clientele who’ll likely want to live near the best fitness studies Philadelphia offers?

Either way, knowing the top available Philly fitness classes will prove helpful. Thus, you should read our list below:

SoulCycle At Rittenhouse Square

So, what can you get from attending SoulCycle classes?

Instead of a simple workout, you’ll find your sanctuary. You’ll be riding with your pack of fellow SoulCyclers, enjoying the zen ambiance of the candlelit studio while moving to the hypnotic rhythm of a unique playlist.

While SoulCycle has 60-plus locations, the Rittenhouse Square staff does wonders for the broader SoulCylce brand. They are friendly, conscientious, and inspirational to their clientele, encouraging them to unlock their full fitness potential through choreographed stationary bike exercises.

Where is SoulCycle Rittenhouse Square?

The SoulCycle Rittenhouse Square can be found in Center City at 113 South 16th street.

[Solidcore] Northern Liberties

Offered in one of the best fitness studios Philadelphia offers, [solidcore] workout participants engage in controlled movements that work their muscle fibers until failure.

Undoubtedly, this workout is intense. You go until you can’t go any longer.

However, [solidcore] also helps prevents injuries since the movements are low-impact. So you’re pushing yourself just enough to develop strength, solidness, and muscle without being unsafe.

Every class–instructed by a certified coach–is different than the last to ensure your body won’t plateau and your gains won’t stagnate.

The one constant of [solidcore] is the energetic music that’ll heighten your fun and focus levels.

While the studios are rugged in nature, they aren’t intimidating. Rather, they inspire and welcome all comers. Plus, the class sizes aren’t any more than 13, ensuring you don’t get lost in the shuffle.

Where is [solidcore] Northern Liberties?

You’ll find Northern Liberties a touch north of Old City. The studio’s address is 180 West Girard Avenue, Suite 0104.

Monarch Yoga

Perhaps, what’s most interesting about Monarch Yoga is its origin story–as it’s a newer studio. To that point, Monarch started as Fishtown Outdoor Yoga in the summer of 2020 when COVID had changed the world as we know it.

The goal was to bring outdoor movement, connection, and breath to the Philadelphia community when serenity was much needed.

Initially, Monarch was developed as a hobby for its instructors and founders. Now, it’s transformed into a burgeoning, fast-growing community because all comers feel welcome, wanted, and sufficiently fatigued.

Where is Monarch Yoga Located?

You’ll find Monarch Yoga’s studio in Fishtown at 171 West Berks Street.

Unite Fitness

While the Unite Fitness Studio offers cycling, indoor cycling, strength training, and running classes, its bread-and-butter is HIIT classes. HIIT stands for High-Intensity Interval Training, and it will push workout enthusiasts to their limits.

The Unite HIIT Workout lasts 55 minutes.

This class consists of 25 minutes of running or riding to the beats via hills, sprints, and distance intervals to blast calories and enhance athleticism. It’s followed by 25 minutes of functional and power-focused strength training with bands and dumbbells.

Last is the five-minute recovery period, including yoga stretches to reduce stress and maintain mobility.

Where is Unite Fitness Located?

Unite Fitness can be found in Rittenhouse at 26 S 20th Street.

F45 Manaynunk

F45 is another entry into the HIIT training category. It combines intervals with circuit training, focusing on functional movements to help participants through everyday living.

More specifically, the F stands for “functional,” while 45 is for how many minutes there are per workout–of which no two are the same.

The environment at F45 is supportive and enthusiastic. Moreover, the classes can be modified to meet the needs of beginners and avid enthusiasts alike.

Better yet, the gym offers members personalized nutrition plans to maximize results and increase performance.

Where is F45 Located?

The F45 Manayunk studio can be found at 6001 Ridge Ave.

Rumble Boxing

We couldn’t possibly discuss fitness classes in Philadelphia without highlighting a boxing studio. After all, we’re home to Rocky and Smokin’ Joe Frazier!

Enter Rumble Boxing. This gym runs a signature 60-minute class that’s 50% boxing and 50% strength training. It’s a full-body workout that meshes bodyweight, dumbbell, and brass knuckle exercises with the sweet science of boxing.

Afraid this type of workout might be too much for you?

Don’t worry–we wouldn’t lead you astray. The Rumble Boxing gym welcomes all comers and first-timers. Their high-octane 60-minute class can be modified to accommodate all fitness levels.

Where is Rumble Boxing Located?

Rumble’s Philly location is in Center City at 1520 Walnut Street.

Hot Yoga Philadelphia

The primary mission of Hot Yoga Philadelphia is to help people live pain-free and to limit stress.

Available classes aren’t necessarily the place for fitness junkies looking for a high-octane experience.

Yet, the movements can aid in performance because of their healing traits and prove useful as a supplemental exercise. This type of yoga is also incredibly challenging in its own right and will push you to your limits.

Hot Yoga Philadelphia offers multiple yoga forms, ayurveda, and bodywork. Still, traditional hot yoga is what it’s best known for. These classes occur in a room heated to 105° where you’ll try your hand at 26 postures and two helpful breathing exercises.

Available classes are an hour, 75 minutes, and 90 minutes.

Where is Hot Yoga Philadelphia Located?

Hot Yoga Philadelphia can be found in the University City neighborhood at 1520 Sansom St on the 3rd Floor.

Do You Have More Questions About The Top Workout Classes In Philadelphia?

Readily accessible Philly fitness classes are an integral reason to move to the City of Brotherly Love.

Also, we’ll point out that we’re only scratching the surface with these options. Philadelphia has far too vast of a fitness culture to include in one blog. Fortunately, as experts in all things Philadelphia, GM Holdings is happy to answer any related questions–especially if it involves a move to Philly.

Contact us today if you want to learn why moving to (or purchasing a rental property in) Philly can be one of the best decisions of your life.

5 Great Events in Philadelphia in Spring 2023

Tue, 28 Feb 2023 23:11:30 GMT

A great city has many components.

There are many related facets in Philly, from delicious/diverse culinary options to a thriving sports culture and a keen eye for the arts. Then, there’s the rich history etched into every piece of brick and square inch of concrete throughout the City of Brotherly Love.

Another crucial component of a great city is events that unite residents and attract visitors from out of town. They could be low-key or full-on extravaganzas. Either way, these outings add to the enjoyment of living in the area and fill locals with a collective sense of pride.

Philadelphia hosts many such events, of which we’ll discuss five happening this spring:

The PHS Philadelphia Flower Show

If you enjoy scoping out the magnificent gardens at Fairmount Park or heading an hour south to Winterthur to get your green fix, we’ve got good news for you. The Philadelphia Flower Show is here from March 4th to 12th.

The world’s longest-running and nation’s largest horticultural event, Philly’s PHS Flower Show features the awe-inspiring work of the world’s most accomplished landscape and floral designers.

Attending the show (held at Pennsylvania Convention Center on 1101 Arch Street) means you’ll be immersed in acres of captivating garden displays. Also, you can watch highly regarded competitions in artistic floral arranging and horticulture.

Moreover, those attending The Flower Show will enjoy gardening demonstrations, presentations, and other unique events.

This year’s “The Garden Electric!” theme will harness the spark of joy stemming from receiving or giving flowers.

Subaru Cherry Blossom Festival Of Greater Philadelphia

Have you visited Double Knot, Fat Salmon Sushi, or one of Philadelphia's many other exceptional Japanese restaurants? Places like these speak to the budding Japanese community throughout Philly.

More to the point, the Japanese community in Philadelphia is a shining reflection of the prevailing diversity across our melting-pot city.

Another example of the thriving Japanese population in Philadelphia is the yearly Cherry Blossom Festival.

This year, the annual spring celebration occurs on Saturday, April 15, and Sunday, April 16, from 10:30am to 4pm. It will be hosted at the Horticulture Center and Centennial Arboretum in West Fairmount Park.

Greater Philadelphia’s Japan America Society organized the Subaru Cherry Blossom Festival to celebrate culture and arts. Sponsored by Subaru of America, this festival will feature events across Philly, bringing a taste of Japan to our beloved city.

The Japanese flowering cherry sakura tree brightens Philadelphia’s parks and streets, and the festival highlights the magnificent tree’s astonishing beauty.

Metal And Beer Fest

Philadelphia has long been a musical hub, famous for genres like Philly soul.

We also host plenty of big-time performances at our iconic music venues. Legends like Patti Labelle and Hall & Oats are also from Philly. As are the likes of Jill Scott, Chubby Checker, and Jim Croce.

It only makes sense that a place like Philly has broad musical tastes, extending to metal music.

With those above sentiments in mind, who doesn’t enjoy listening to their favorite brand of thrash metal while sipping on some pilsner? This potent mixture will be available to you on April 14th and 15 during the Decibel Magazine Metal & Beer Fest at the Fillmore Philadelphia at 29 E Allen Street.

The event will feature bands like the legendary Suicidal Tendencies and The Black Dahlia Murder. Craft beer icons 3 Floyds and other breweries like WarPigs and Wake Brewing will also be featured.

Eclectic is the most accurate word to describe Philly’s Metal and Beer fest–but Philadelphia is a city for people with a vast spectrum of musical and beer-based tastes.

Flavors On The Avenue

Philly is iconic for many reasons. It’s a city that instantly jumps to people’s minds when you mention the northeast (or mid-Atlantic) US. One of the reasons for Philadelphia’s legendary status is its prowess in the kitchen that goes far beyond cheesesteaks (although we love us a cheesesteak).

On the above note, the yearly East Passyunk Flavors On The Avenue springtime celebration will be underway from 11am until 5pm on April 30th. During this delicious extravaganza, the neighborhood’s top restaurants will host an outdoor shindig along a buzzing stretch of East Passyunk Avenue.

Visitors can sample the culinary masterpieces and seasonal cocktails from various award-winning restaurants located in East Passyunk. There are also dozens of vendors, live music, a craft market, and activities for kids.

The address for Flavors On The Avenue is 1904 East Passyunk Avenue.

Philadelphia Phillies Home Opener

Sports and Philadelphia go together like peanut butter and jam. Our sporting culture is world-famous and a source of pride for most locals.

Speaking of pride, what Philly resident didn’t feel proud when our beloved Phillies came oh-so-close to winning World Series last year? It was a heroic, underdog effort that should be celebrated for years to come.

One way to honor the incredible effort of last year’s Phillies is by giving them your wholehearted support this year. Moreover, why not start root--root-rooting for the home team during their home opener at Citizen’s Bank Park on April 6th at 3:05 pm?

We bet you can smell the popcorn and crackerjacks already. Plus, who knows? Maybe you’ll catch a Bryce Harper home run or a Kyle Schwarber foul ball.

Opening day is always a fun-filled occasion and the ideal way to ring in the new MLB season. Also, while we don’t want to jinx anything–we feel pretty good about the Phillies’ chances for a championship ring this year.

Conclusion: Philadelphia Offers Plenty Of Options For Activities And Fun

There’s never a dull moment in Philadelphia, and we have the local events to prove it. The above spring festivals and celebrations are only a few of many reasons that Philly is one of the best cities in the US.

Are you considering moving to Philadelphia or purchasing a rental property here? If so, you could benefit from a resource like GM Holdings to help better inform your decision. Contact us today with any questions, and we’ll be more than happy to provide our insights.

How to Get a Commercial Activity License in Philadelphia

Tue, 28 Feb 2023 23:02:26 GMT

Are you an entrepreneur considering making Philadelphia a stomping ground for your commercial activity?

Philly is indeed an ideal city for anyone with business aspirations.

Broadly, you can enjoy many benefits associated with running your operations in a big city (like access to vast target markets). Simultaneously, you can avoid the pitfalls of doing business in oversaturated, overpriced, and overpopulated places like New York or LA.

Still, there remains the matter of crossing your t’s and dotting your i’s. Managing the necessary red tape of running your business is an absolute must when participating in or profiting from any commercial activity in Philly.

One example is your Commercial Activity License.

“What is a Commercial Activity License?” you ask. We’ll explore that question below:

An Overview Of Philadelphia’s Commercial Activity License

Are you intending to do any kind of business in Philadelphia?

The above question is relevant to our current and prospective clientele at GM Holdings because when we say “any kind of business,” we mean any kind of business.

This list of commercial activities includes property owners renting to tenants.

All the same, you could be running a fruit stand, opening a restaurant, or launching an athletic goods store.

Regardless, anyone doing business in Philadelphia must possess a Commercial Activity License issued by The Department of Licenses and Inspections (L&I).

You could even have a business located beyond the city limits. You’ll still require a Commercial Activity License if your business activities involve Philly in any way, shape, or form.

Primarily, you need this license for your Business Income and Receipts Tax (BIRT) as it links all your businesses and the legal entity under which you’ve registered.

Exceptions for this rule exist–but it’s more of a variation than a full-on exception. We’ll examine this topic in the next section.

You May Need To Procure An Activity License Number.

A Commercial Activity License doesn’t apply to all businesses, but the alternative requirement–an Activity License Number –is similar.

Who requires an Activity License Numbe r ?

First, anybody renting three units in a building in which they live will need this documentation. Also, those receiving a vacant residential or commercial property license will need an Activity License Number.

Lastly, anybody operating a non-profit would require an Activity License Number instead of a Commercial Activity License.

What Are The Commercial Activity License Requirements?

Various odds and ends must be considered when receiving your Commercial Activity License in Philadelphia.

Tax account numbers like your Social Security or Federal Employer Identification Number are necessary. You’ll also need your Business Income and Receipts Tax ID.

Another crucial requirement is tax compliance. Specifically, all applicants must be up-to-date on all city taxes.

Lastly, you must offer the mailing address and name of either:

The two people with the largest interest in the business’s ownership.
Anybody with more than 49% interest in property ownership.

How To Apply

There are two methods to apply for your Commercial Activity License in Philadelphia.

The first–and likely the most convenient–approach is doing it online through eCLIPSE.

Various prompts exist to guide you through this more streamlined process. Still, you can book a virtual session to learn how to apply for your license via the eCLIPSE platform.

We’ll note that while the online route is quicker for completing the paperwork, you’ll have to wait a while for the city to process your application.

You can also apply for your Philadelphia Commercial Activity License in person at the Permit And License Center at 1401 John F. Kennedy Blvd. In taking this avenue, you must set an appointment from Monday to Friday during office hours of 8:30am to 3:30pm.

Note that the office closes at 12pm on the last Wednesday of each month.

Additionally, applicants without a city tax account can visit the Revenue Department during their appointment at the Permit And License Center.

Applying for your license in person allows you to receive your activity license the same day you apply.

How Much Does A Commercial Activity License Cost?

Here it is. The part of the article where you face the financial music and deal with the astronomical upfront costs of receiving your Commercial Activity License.

Well–what if we told you it doesn’t cost a cent to obtain your Commercial Activity License? Because it comes at zero expense.

Of course, time is money, and you need to take a chunk of your day to apply–but all and all, free is free.

When Do You Have To Renew Your Commercial Activity License?

Alright. Finally. The kicker. That one inconvenience surrounding your Commercial Activity License that makes the whole thing seem not worth it. The renewal process.

Guess again. You don’t need to renew your Commercial Activity License. Once you’ve received it, it’s yours for life.

While this license might make for some additional red tape to navigate, it’s not much of a hindrance. All related regulatory bodies want to make this process as streamlined as possible to ensure business owners are above board.

Is Your Commercial Activity License The Same As A Business License?

Your Commercial Activity License is–in spirit–a Philly business license. However, it’s not the only business license required to perform commercial activities in Philadelphia. Also necessary is a Pennsylvania State Business License.

Many facets exist for Pennsylvania State Business Licensing. Read this article from Forbes to learn more about it.

How Much Does It Cost To Get A Business License In Philadelphia?

On average, business licensing from the state of Pennsylvania costs companies around $125. However, additional fees can apply depending on the nature of your operation.

Conclusion: Philadelphia Is Open For Business

As you can see, there aren’t too many hurdles to starting your business in Philadelphia. Once you’ve navigated the minimal red tape, you can be up and running and earning revenue before you know it.

You’ve chosen wisely by selecting Philadelphia as your place to perform your commercial activities. The city offers seamless access to larger markets like Boston and New York. Local government policies robustly support the entrepreneurial spirit, tax rates are manageable, and small business growth continues to excel.

Want to learn more about the ins and outs of Philadelphia? Check out GM Holding’s blog for deeper insights into the city’s comings, goings, and cultural intricacies.

Best Places to Live in Philadelphia

Wed, 08 Feb 2023 15:33:12 GMT

The Best Places to Live in Philadelphia

Philadelphia is a lively city that’s established itself as one of the best places to live in Pennsylvania and the rest of the United States.

That said, finding the best place to rent in an area with so many flourishing neighborhoods can be challenging.

Fortunately, below, we’ve highlighted some neighborhoods and areas that are some of the best places to live in Philadelphia:

Northern Liberties

When searching for the best places to live in Philadelphia, the Northern Liberties (or NoLibs) neighborhood stands out because of its diverse culinary options . The eateries in Northern Liberties represent the cuisine of a broad list of continents and countries.

NoLibs also has its share of delicious brunch spots and top-notch bars featuring your pick of craft beer . There’s a growing cocktail scene in the neighborhood too.

Moreover, Northern Liberties boasts many retail locations and is one of Philadelphia’s artistic hubs, offering residents (and their guests) a variety of trendy galleries to visit .

How Much Is It To Rent In Northern Liberties?

RentCafe lists the average rent in the Northern Liberties neighborhood at $2,166 per month for an apartment.

Fishtown

Another burgeoning hub for music, arts, and cuisine, Fishtown’s history is rooted in its one-time standing as a commercial shad-fishing epicenter.

Upon arriving in Fishtown, you’ll notice how the colorful neighborhood pleasantly contrasts the rest of Philadelphia’s gridded urban rule. The area’s charming streets are lined with independently owned businesses and humble row homes.

The population of Fishtown is a collection of long-time residents and the newly-arriving creative class trying to carve their niche. Those who live in this neighborhood (and their guests) have plenty to do. For instance, you can check out the Greensgrow Urban Farm, hang out at Penn Treaty Park, or eat one of Frankford Hall’s famous beer cheese pretzels.

How Much Is It To Rent In Fishtown?

RentCafe lists the average rent in the Fishtown neighborhood at $2,079 per month for an apartment.

Center City

Home to the city’s most historic neighborhoods (e.g., Society Hill and Old City), Center City can stake claim to a steadily expanding skyline and Philly’s preeminent downtown area.

The Center City area is a tourist destination, boasting more hotels, cafes, bars, and restaurants than the rest of Philadelphia.

Lap up the dazzling nightlife and stellar cuisine of Center City at places like Rittenhouse Square, Chinatown, and Old City.

Moreover, Center City’s nexus point–where Market Street and Broad Stress intersect–is home to Philly’s historic City Hall, home to a 37-foot-tall William Penn statue.

How Much Is Rent In Center City?

RentCafe lists the average rent in Center City at $2,408 per month for an apartment.

Old City

As well as being one of the best places to live in Philadelphia, Old City is–unsurprisingly, given its name–the historical core of the broader city. A history buff’s dream, Old City offers a square mile dense with charming shops, historical landmarks, and delicious dining options.

The colonial-era building lining the streets of Old City will inspire those with an eye for architecture. At the same time, art lovers will revel in the many showrooms and galleries spread throughout the area.

Old City is also home to the Liberty Bell and Independence Hall.

Plus, you’ll find Elfreth’s Alley in Old City. This 300-year-old residential street–the oldest in the US–contains 32 colorful homes chockful of history and wonder.

How Much Is Rent In Old City?

RentCafe lists the average rent in Old City at $2,578 per month for an apartment.

South Philadelphia

Brimming with classic neighborhood charm, South Philadelphia provides a sense of intimacy that can be hard to find in the big city.

South Philly offers many living options, from one-bedroom apartments to old row homes that you can rent with multiple roommates. New condo complexes continue to sprout in the area, combining with historic houses to maintain the area’s charm.

A highly walkable part of the city, South Philadelphia has its share of diverse eateries but also offers the city’s signature cheesesteaks as its home to Geno’s Steaks and Pat’s King of Steaks.

The area also offers premium access to the Broad Street subway line.

How Much Is Rent In South Philadelphia?

RentCafe lists the average rent in South Philadelphia at $2,171 per month for an apartment.

Northwest Philadelphia

Meshing a suburban feel with big-city vibes, Northwest Philadelphia combines its sense of community with many attractions (e.g., Cliveden of the National Trust and Wissahickon Valley Park).

It’s worth noting that Northwest Philadelphia has seen an influx of Millennials move to the neighborhood in recent years. One of the more attractive propositions of the area is its closeness to Center City.

Moreover, Northwest Philadelphia has one of the lowest crime rates in Philly, speaking more to why it’s become an attractive place for families.

How Much Is Rent In Northwest Philadelphia?

RentHop lists the median rent in Northwest Philadelphia at $1,498 per month for an apartment.

Fairmount

Referred to affectionately as the “Art Museum area” of Philly, Fairmount offers residents many activities within walking distance.

There’s the Franklin Institute and the Philadelphia Museum of Art for culture enthusiasts. There’s also the Fairmount Waterworks, Boathouse Row, and the Terror Behind the Walls Haunted House.

Restaurants like Sabrina’s Cafe (a spectacular breakfast spot) and Jack’s Firehouse (for your BBQ needs) will satisfy your culinary fix. Really, we’re only scratching the surface of things to do in Fairmount.

You’ll see a mix of millennials, baby boomers, and everything in between and beyond throughout the area. Many of them will be out walking their dogs.

How Much Is Rent In Fairmount?

RentCafe lists the average rent in Farmount at $2,347 per month for an apartment.

Thinking Of Moving To One Of These Incredible Philadelphia Neighborhoods? Contact GM Holdings

Whether you’re a prospective landlord or tenant seeking property in the thriving neighborhoods listed above, GM Holdings can help! We know Philadelphia and its many communities inside and out, helping ensure the most seamless rental process for our clients.

The Best Philadelphia Suburbs

Wed, 08 Feb 2023 15:28:11 GMT

The Best Philadelphia Suburbs

When people think of Philadelphia, it’s often the city core that comes to mind.

While the city is one of the most vibrant places in North America, with its abundant culture and verve, the lifestyle isn’t for everyone. Many people–especially those with families–would prefer something quieter.

At the same time, the desire for many people remains to stay close to the city. Just because you don’t want to live smack-dab in the core of Philadelphia doesn’t mean you want to avoid it altogether.

Enter the suburb, offering you a quainter lifestyle without all the city traffic and noise. Then, when you want to travel to the city–whether for work, to catch a game, or for a night on the town–it’s a short-ish car ride away.

Below, we’ll explore some of the best Philadelphia suburbs and what they can offer their residents.

Montgomery Township

The Montgomery Township suburb in Philadelphia is in Montgomery County and has a population of 25,790

Not only is Montgomery Township viewed as one of the best Philadelphia suburbs, but it’s also one of the best suburbs in Pennsylvania.

Typically, families and young professionals live in Montgomery Township, enjoying its wide selection of coffee shops, restaurants, and parks. The suburb’s schools are highly rated, too, making it an ideal landing spot for parents and their children. Here’s a list of the top 3 public schools in the area:

The Souderton Charter School
North Penn Senior High
Montgomery Elementary School

Montgomery Township boasts multiple quaint parks. The 202 Parkway Trail–meant for running, biking, and walking–provides a gorgeous view through the town center.

Based on Niche’s calculations on crime rates, Montgomery Township has an A-minus rating.

Those who live in Montgomery Township but work in the city can expect a 43-minute drive via PA-309 S. Public transportation to Philadelphia is less appealing, requiring two hours in transit. However, the B-plus Niche rating for working in Woodside means commuting to Philadelphia might not be necessary for your job.

Woodside

Located in Bucks County, with gorgeous homes surrounding the picturesque Buck Creek, Woodside, PA, it combines rural and suburban vibes.

The area offers residents a serene atmosphere, which has led to the town being a landing spot for retirees, who enjoy the quietness of the sub–3000 population.

Woodside is ranked the #1 best place to live in Bucks County and the 45th (out of 1,514) place to raise a family in Pennsylvania.

Part of the reason for these excellent rankings is the area’s highly-rated schools, such as Bucks County Montessori Charter, Afton Elementary School, and Pennsbury High School.

One popular Woodside destination for young families is Sesame Place, a nearby amusement park with water rides, rollercoasters, parades, and live shows.

Another factor making Woodside, PA, an attractive place for families is its crime rates, which are 86% lower than the national average.

A car ride to Philadelphia from Woodside will take 35 minutes if you take the I-295 W and I-95 S. There are no routes to the city via public transit. However, Niche has given Woodside a B-minus rating for jobs, meaning you’re relatively likely to find nearby work.

Nether Providence Township

Nether Providence–a stalwart of Delaware County–has a population of 14,384. This low number of residents helps foster an intimate environment and small-town whimsy that ensure everyone knows one another’s names.

Nether residents have plenty to explore with the Swarthmore Farmers Market, Briar Bush Nature Center, American Treasure tour, and several more attractions . Moreover, delicious restaurants like the BrickHaus and Two Fourteen offer residents plenty of viable dining options. Nether Providence is also home to many parks , including Furness and Gouley Park.

Highly rated schools like Strath Haven High and Wallingford Elementary and almost no crime contribute to a nurturing child-rearing environment in Nether Providence.

Niche has given Nether Providence a B-plus rating for jobs. However, a work commute to Philadelphia from Nether Providence via the I-95 S takes 26 minutes. Moreover, unlike our previous two suburbs, there’s readily available public transit to the city with a commute spanning around a half hour.

This accessibility to Philadelphia makes Nether an attractive landing spot for those who want a quieter lifestyle but still enjoy the city. Undoubtedly, Nether can’t compete with the city core for offering things to do–no suburb really can. Still, a quick jaunt down the highway will put Nether Providence residents in the city, offering versatile recreational options.

Ardmore

Part of Montgomery County, Ardmore–with its population of around 13,600–is only a 10-minute drive from Philadelphia, meaning it’s a suburban-urban hybrid. Those with love for the city but a calling for quiet suburban life will find a happy medium in this suburb.

Referred to as the Main Street of Philadelphia’s Main Line, Ardmore earned this moniker because of its bustling shopping centers, action-packed annual events, and excellent dining options.

Residents of Ardmore have plenty to do, including raucous Rock’N’Bowl nights at Wynnewood Lanes Bowling & Lounge. A plethora of seasonal events are held at Suburban Square, and there’s a burgeoning music scene at the suburb’s Music Hall. Plus, there’s Linwood Park for those who appreciate the outdoors.

Ardmore boasts highly-rated schools and is ranked higher than any previously mentioned suburbs for jobs.

Where Ardmore does fall short for families is its crime rates, which are above the national average.

Want To Learn More About The Best Philadelphia Suburbs? Reach Out To GM Holdings.

These Philadelphia suburbs, despite being highly desirable places to live, only scratch the surface of what’s available in the area. There’s a wealth of untapped potential in districts, regions, neighborhoods, and townships surrounding the city.

At GM Holdings, we’ve developed unparalleled expertise in residential properties in Philadelphia. We would be thrilled to shed further light on the topic and help you make informed decisions about your future living situation.

So, feel free to reach out to us with any questions. As property managers, we’re passionate about discussing all things related to finding a home or apartment in Philadelphia and its surrounding suburbs.

Six Reasons To Love Philadelphia

Wed, 08 Feb 2023 15:20:35 GMT

Are you considering visiting Philadelphia but need a helpful nudge to buy your plane ticket or fill up your gas and hit the highway? If so, read on as we highlight six main reasons to love Philadelphia.

1. Philly Has Exceptional Cuisine And Diverse Dining Options

There’s a misconception about Philly’s food scene. Namely, people seem to think the cuisine in Philadelphia revolves around cheesesteaks and hoagies.

Undoubtedly, sinking one’s teeth into either of the delicious sandwiches mentioned above will provide one of many reasons to love Philly. Yet, there’s so much more to experience with the city’s cuisine, featuring a sprawling ecosystem of restaurants with flavors capturing the essence of many cultures’ cooking styles, including (but not exclusive to):

Mexican food
Italian delicacies
Korean eats
Vietnamese cuisine

Some hidden gems in the city include the South Philly Barbacoa , Pizza Brain , and Zahav . Zahav was recognized in 2019 with the James Beard outstanding restaurant award.

Some iconic local delicacies include the Philly soft pretzel (purchased from a street vendor), TastyKakes, water ice, tomato pie, and scrapple.

Perhaps, the reason for Philly’s thriving culinary scene is the lower cost of living compared to cities like New York. As a result, chefs can be more experimental without risking the financial future of the restaurant.

2. Philly’s Affordability Ranks Highly Compared To Other Big Cities

We’ll use New York as our benchmark for the affordability of Philadelphia. After all, these are two big cities that offer similar living experiences.

Philadelphia is about 40% less expensive than New York . Thus, Philadelphia could be your best bet if you want the big city experience without the Big Apple pricing.

For further comparison, the average rent for a studio apartment in Chelsea, New York, is $3,695. A one-bedroom apartment is under $4,800 in the same area. Comparatively, a one-bedroom apartment rental in Rittenhouse in Philadelphia costs under $2,500 per month , and a studio apartment averages $1,229 per month .

Philadelphia exceeds the national average for cost of living–but it’s wise to compare Philly to other major cities. As the numbers show with New York, grading Philadelphia on the big-city curve proves its affordability.

Keeping the above notions in mind, consider these stats:

It’s suggested that two adults with a child must earn a combined yearly income of $72,270 (after taxes) to afford Philadelphia’s cost of living. For further context, according to ZipRecruiter , the average salary in Philadelphia is over $70,000–and that’s for one person. So, the income you can earn in Philly more than holds its own against living costs.

3. History And Museums Are Abundant In Philly

History buffs have many reasons to love Philadelphia, as the city is steeped in the lore of yesteryear.

More to the point, Philadelphia is America’s first World Heritage City and the US’s birthplace, as it’s where the Founding Fathers brought the country to life.

Many successful efforts have been made to preserve Philadelphia’s history, such as the city’s iconic Independence Hall (where the Declaration of Independence and Constitution were drafted and signed). And who can forget the Liberty Bell–the eye-catching symbol of the abolitionist movement.

Historic houses, churches, cemeteries, government buildings, and museums comprise the Independence National Historical Park in Philadelphia. This area is known as America’s most historic square mile and is visited by millions yearly.

From there, Old City and Society Hill offer eye-pleasing, history-packed alleyways for pedestrians to explore.

There are also multiple history museums in Philly, such as:

The African American Museum
The Museum of the American Revolution
The Weitzman National Museum of American Jewish History

Sites like the Valley Forge National Historical Park–made legendary by the American Revolution–can also be found in the Greater Philadelphia Region.

4. You’ll Get Your Fill Of Outdoor Activities In Philly

Are you a nature lover? Or are you an outdoorsy type who likes to seek adventure?

Big-city living may not seem conducive to outdoor hobbies, interests, and pursuits. Yet, the Greater Philadelphia region offers a range of gorgeous trails, nature preserves, parks, and different outdoor attractions. Here are some examples:

Those seeking adventure will scratch their itch at Valley Forge National Historical Park and Wissahickon Valley Park.
You’ll find many eye-catching natural attractions in counties surrounding Philadelphia, like Core Creek Park and Ridley State Park. Visitors can bike, ride horses, kayak, fish, and hike in these spots–which are located near Center City.
We’d be remiss to forget Ringing Rocks Park in Buck’s County, where you’ll be immersed in unique outdoor phenomena.

5. Philly Ranks Highly On The Walkability Scale

One of the best things about Philadelphia is its top-tier walkability. Speaking to this trait is how the city of brotherly love has gained a national reputation for being a great place for pedestrians.

When we say walkability, we’re referring to several factors weighed by researchers, such as:

The distance between amenities and an address (a five-minute walk to reach amenities receives top marks).
Pedestrian friendliness is another factor, entailing block lengths, intersection layouts, population density, etc.:
Philly thrives in being pedestrian-friendly since it has a basic grid system.
Overall pleasantness–what will you see while walking:
This is another area where Philadelphia flourishes since the city is filled with landmarks, historic buildings, and gorgeous homes.

6. Philadelphia's Sports Culture Is One-Of-A-Kind

The Phillies, Flyers, Sixers, and Eagles are like a religion in Philadelphia, where sports reign supreme.

WalletHub recently ranked Philly #5 in its Best Sports Cities survey . While many of the Philly sports faithful might think they deserve #1 (and arguably do deserve #1), the survey included 392 cities. So, finishing in the top 5 tells you there’s something special about Philadelphia’s thriving sports scene.

Moreover, the sports fandom doesn’t end at the mainstream professional level in Philadelphia. There’s also the Philadelphia Union of the MLS, multiple college basketball programs (e..g, Temple, St. Joe’s, and Penn), and the Philadelphia Soul of the AFL.

Speaking further to Philadelphia’s incredible sporting culture is its ability to attract major sporting events, such as:

The NHL draft
International soccer matches
NCAA tournament games
Penn relays
Army vs. Navy football game

Once You Visit Philly, You May Never Want To Leave

There are enough reasons to love Philadelphia to fill a book. However, we suggest visiting and finding out for yourself what there is to love. You may never want to leave once you arrive–and if you decide to stay, contact GM Holdings about finding a suitable rental!

2023 Philadelphia Real Estate Forecast

Wed, 11 Jan 2023 14:58:02 GMT

There’s much to be said about Philadelphia, the City of Brotherly Love.

Of course, you can start with the cliches about Philly cheesesteaks and Rocky Balboa. You could lean into the city's world-famous passionate, and upfront personality.

Anybody interested in Philadelphia knows of the city’s love of sports. They’ve all heard of the Broad Street Bullies and the Philly Phanatic, and they know about the millions watching the Eagles every Sunday.

Yet, while these facets are ingrained in the city’s deeply woven fabric, they only scratch the surface.

Philadelphia might be a sports town, but it’s rich in culture, the arts, and dining opportunities (far beyond the cheesesteak). No matter the time of year, the buzz on the streets is palpable and infectious. The iconic city is an attractive place for anyone wishing to spend their best years in an area with a lively zeal and a flourishing spirit.

It’s then worth asking, how viable is Philadelphia’s real estate? Is it profitable for landlords? Is it affordable for homebuyers and renters? We’ll explore these questions below.

A General Outlook Of Philadelphia’s Cost Of Living

Before getting into the specifics of Philadelphia real estate, let’s examine the general affordability of the city.

According to the Philadelphia Business Journal , over the past decade, Philadelphia has emerged as one of the nation’s more cost-friendly cities.

However, that statement on its own may be misleading.

The same article clarifies that the cost of housing and utilities in the metro area is relatively high–or, at least, exceeds national averages. While the city has a well-earned reputation for being easy on the wallet, more evidence mounts by the day that homebuyers need substantial incomes.

The kicker in this discussion is the reduced cost of goods. That’s how Philadelphia has gained its track record as a frugal city dweller’s paradise. On top of that, the city has separated itself in the rental market–offering prices far more reasonable than most of the US (we’ll delve more into this topic later).

For further context, it’s 40% less expensive to live in Philadelphia than it is to live in New York. Then consider that the median household income in Philadelphia is $68,379 while New York’s is $67,046 . Residents of Philadelphia can make more and save more than if they lived in the Big Apple.

We’ll look at more numbers below to see how they align with the above summation.

How Much Do Homes Cost In Philadelphia?

Per Wallet Investor , the median price for a typical Philadelphia home is $191,246 (as of January 6, 2023). This number is expected to increase to $195,932 next year and continue this upward trajectory over the next half-decade. More to the point, the median price for the average home in the City of Brotherly Love is expected to reach $213,116 by 2028.

Digging more into these projections, you’ll find that a 5-year investor in an average Philadelphia home will yield almost an 11.5% profit. To better illustrate, investing $100,000 now–in 2023–would likely lead to a $111,440 return by 2028.

By the end of 2023, it’s expected mortgage rates will be at 7.1% after spending most of the year at around 7.4%, says the Philadelphia Business Journal. While prices of homes will continue to rise, the rate of increase is slowing down across the US, leading to the market favoring neither buyers nor sellers.

Here are a few more considerations:

The Philadelphia Business Journal cites that homes will take longer to sell this year and that there is less competition for more available homes. This environment is far more friendly for buyers than in the past two years, which saw aspiring homeowners face stiff competition and low supply.
While real estate is expensive in Philadelphia compared to smaller areas, it pales compared to other major metro cities like New York, DC, Washington, and Atlanta. Thus, those who prefer the big city life will find that Philadelphia is one of the more affordable options to satisfy that preference.

How Much Is Rent In Philadelphia?

Current reports show that the median rent in Philadelphia is $1,221. This number amounts to a 1% month-over-month decrease but is still a 2.4% increase year-over-year. The median price for a one-bed apartment in the city is $1,101, while the two-bedroom median is $1,283.

These numbers represent an advantage for those looking to rent in the city–despite the year-over-year increase. The 2.4% year-over-year jump is eclipsed by the 4% national average.

Furthermore, Philadelphia has a 9.1% lower median rental price than the rest of the US. The median one-bedroom in the US costs $1,153, and $1,321 for a two-bedroom.

So, while prices for homebuyers can get steep in Philadelphia, the landscape for renters is far less fiscally straining.

Landlords may look at this favorable pricing and hesitate. However, it’s actually good for them .

The lower rental price and reasonable living cost in Philadelphia are attracting renters in droves. Moreover, employment keeps growing across the city , meaning rental applicants have the income to ensure no payment snafus.

Is Owning A Rental Property In Philadelphia A Guaranteed Success?

Undoubtedly, real estate prices–such as for a rental property–are reasonable enough in Philadelphia.

What’s more, those who purchase real estate to rent in Philadelphia can rest assured they’re entering a market with plenty of demand because of the city’s thriving culture and affordable cost of living.

That said, nothing in life is guaranteed.

Success as a rental property owner depends on the owner’s ability to manage the said property (or properties).

Taking the wrong steps and failing to stay organized will make it far more challenging to attract the best rental applicants at the most return-forward price. It’ll also make it tougher to keep your tenants happy. Then, they’ll be less likely to remain as renters providing that steady, reliable income.

Working with GM Holdings is one way to ensure that a rental property is managed in a manner most conducive to the highest financial returns. We streamline the rental process through our cutting-edge property management software–AppFolio. We ensure everything runs ship-shape, helping you work less to earn more.

Contact GM Holdings today to learn more about what we can do for your rental property.

Essential Tips for Renting Out Your Apartment

Wed, 11 Jan 2023 14:52:05 GMT

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

Renting out your apartment can be a great way to earn some extra income, but it also comes with its own challenges. Here are some essential tips to help you navigate the process of renting out your apartment.

Treat your rental property like a business

While managing rental properties may not be your full-time job, it is still a business that can generate some additional income. Maintaining a professional attitude with tenants, keeping your finances in order, and conducting a thorough screening of potential renters are all essential.

Good business practices include adhering to all applicable federal, state, and local regulations. If you want your company to succeed and avoid legal trouble, you must ensure that it complies with all applicable laws. It's important to study federal and state laws that may affect your real estate and rental business investments before you dive in.

Landlord insurance is one way to safeguard yourself against unanticipated mishaps or legal action from tenants. Landlord insurance can shield you from financial ruin in the event of disasters like burst pipes or burglaries. If a tenant sues you, this will protect you from paying thousands of dollars in damages.

Determine your rental price

It’s important to set a competitive rental price for your apartment. Research similar rentals in your area to get an idea of what the market will bear. Keep in mind that you don’t want to price yourself out of the market, but you also don’t want to undervalue your property.

There are a few different factors you should consider when determining your rental price:

Location: Rent prices tend to be higher in urban areas and in neighborhoods with high demand.
Size: Larger units generally command higher rent prices than smaller units.
Condition: Units that are in good condition and have been recently updated will usually have higher rent prices.
Amenities: Properties with amenities such as a gym or pool may have higher rent prices.
Comparable properties: It's a good idea to research the rental price of similar properties in the area to get an idea of what the market will bear.
Your expenses: Don't forget to factor in your own expenses, such as the mortgage or property taxes, when determining your rent price.

Your goals: Consider what you hope to achieve with your rental property. Are you looking to maximize your profits, or are you more interested in having a stable, long-term tenant? This can help guide your pricing strategy.

Create a comprehensive listing

When it comes to attracting potential renters, a well-written and comprehensive listing is key.

Include information about the size of the apartment, the number of bedrooms and bathrooms, any amenities (such as a pool or gym), and any additional features (like a balcony or washer/dryer).

Include high-quality photos of the apartment, and be sure to highlight any recent renovations or updates.

Screen potential tenants

Screening potential tenants is an important step in the process of renting out your property. Here are some tips for effectively screening tenants:

Verify their identity: Require a government-issued ID and check to make sure it is valid.
Check their credit history: A credit check can give you insight into a potential tenant's financial stability and ability to pay rent on time.
Verify their employment: Ask for proof of employment and contact their employer to confirm their job status and income.
Check their rental history: Ask for the names and contact information of their previous landlords and follow up to see if they were reliable tenants.
Require a rental application: A rental application can provide valuable information such as the tenant's rental history, employment history, and personal references.
Consider a background check: A background check can reveal any criminal history, which can be helpful in determining a tenant's trustworthiness.
Trust your instincts: Finally, trust your instincts. If something about a potential tenant doesn't feel right, it may be best to keep looking for someone else.

Use a lease agreement

A written lease agreement is an essential tool for protecting both you and your tenants. It should outline the terms of the rental, including the length of the lease, the amount of the rent, and any rules or regulations regarding the use of the property. Be sure to have all tenants sign the lease agreement before they move in.

Communicate with your tenants

Good communication is essential for maintaining a positive landlord-tenant relationship. Make sure to clearly communicate any expectations you have for your tenants and be available to address any concerns or issues they may have.

Perform regular maintenance

As a landlord, it’s important to keep your rental property in good repair. This can include routine maintenance tasks like changing light bulbs and cleaning the common areas, as well as addressing any repair issues that may arise. It’s also a good idea to have a plan in place for handling emergencies, such as a burst pipe or a power outage.

Stay up to date on local laws

Landlord-tenant laws vary by state and even by city, so it’s important to stay informed about any changes or updates. Familiarize yourself with the laws regarding things like eviction, security deposits, and tenant privacy.

Consider hiring a property management company

If you don’t have the time or expertise to manage your rental property on your own, you may want to consider hiring a property management company . These companies can handle tasks like screening tenants, collecting rent, and performing maintenance, which can take a lot of the burden off of you.

Be prepared for the unexpected

Renting out your apartment comes with its own set of challenges, and it’s important to be prepared for the unexpected. This can include everything from a tenant moving out unexpectedly to a natural disaster. Having a plan in place can help you navigate these situations with as little stress as possible.

Remember that you are a business owner: As a landlord, you are running a business, and it’s important to treat it as such. This means setting clear policies, communicating effectively with your tenants, and staying organized. By following these essential tips, you can be well on your way to successfully renting out your apartment.

Best Outdoor Activities in Philadelphia

Wed, 11 Jan 2023 14:32:08 GMT

Philadelphia, also known as the City of Brotherly Love, is a vibrant city with a rich history and plenty of outdoor activities to enjoy.

Whether you're a local or just visiting, there are plenty of ways to get outside and experience the city's natural beauty and outdoor culture.

Here are some of the best outdoor activities in Philadelphia:

1. Visit Fairmount Park

Fairmount Park is the largest city park in Philadelphia, covering more than 2,050 acres. The park is home to several popular attractions, including the Philadelphia Zoo, the Philadelphia Museum of Art, and the Please Touch Museum.

Fairmount Park is also home to numerous trails and green spaces, making it a popular destination for hikers, runners, and nature enthusiasts. The park is a great place to escape the city and enjoy the outdoors, and it is a popular spot for picnics, outdoor concerts, and other events.

2. Spend a relaxing day at Dilworth Park

Dilworth Park is a popular public park located in the heart of Philadelphia. It covers more than one acre and is located in the center of City Hall.

The park features a number of amenities, including a fountain, an outdoor café, and a popular winter ice skating rink. Dilworth Park is also home to a number of events and activities throughout the year, including concerts, festivals, and food truck gatherings.

The park is a popular gathering place for both tourists and locals, and it is a great place to relax and enjoy the outdoors in the heart of the city.

3. Explore the beautiful scenery of the Wissahickon

The Wissahickon is a section of Wissahickon Valley Park, a 1,800-acre park located in the northwest part of Philadelphia. The Wissahickon is known for its beautiful scenery, including a winding creek, lush forests, and rocky cliffs.

The park is home to a network of trails that are popular for hiking, running, and mountain biking. The Wissahickon is also a popular spot for rock climbing and horseback riding.

In addition to its recreational opportunities, the park is also home to a number of historical and cultural sites, including the Grumblethorpe historic house and the Wissahickon Environmental Center.

4. Delaware River Walk

The Delaware River Walk is a beautiful and serene trail that winds along the banks of the Delaware River. It offers stunning views of the river and the surrounding landscape, making it a perfect spot for a leisurely stroll or a vigorous hike.

The trail is well-maintained and easy to navigate, with a smooth, paved surface that is suitable for walkers, joggers, and bikers of all ages. Along the way, you'll encounter a variety of interesting features, including picturesque bridges, charming marinas, and scenic parks.

5. Spend a family day at the Philadelphia Zoo

The Philadelphia Zoo is a 42-acre zoo located in Philadelphia, Pennsylvania. It is home to more than 1,300 animals, including gorillas, chimpanzees, giraffes, and lions. In addition to traditional animal exhibits, the zoo also features an immersive rainforest trail and a children's petting zoo.

The Philadelphia Zoo is open every day of the year except for Christmas Day, and the hours of operation vary depending on the season. During the summer months, the zoo is open from 9:30 am to 5:00 pm, and during the winter months, it is open from 9:30 am to 4:00 pm.

The zoo offers a variety of educational programs and special events throughout the year, making it a great destination for families and animal lovers.

6. Visit the Philadelphia Insectarium and Butterfly Pavilion

The Philadelphia Insectarium and Butterfly Pavilion is a museum that is dedicated to insects and butterflies. The pavilion is home to more than 50 species of live butterflies, as well as a wide range of insects, including tarantulas, beetles, and praying mantises. The museum also features a number of interactive exhibits and educational programs that allow visitors to learn more about the fascinating world of insects.

The pavilion is located at 8046 Frankford Avenue, Philadelphia, PA 19136. The museum is open every day of the week except for Mondays, and the hours of operation vary depending on the season. During the summer months, the museum is open from 10:00 am to 5:00 pm, and during the winter months, it is open from 10:00 am to 4:00 pm.

7. Go birdwatching at the John Heinz National Wildlife Refuge at Tinicum

The John Heinz National Wildlife Refuge at Tinicum is a 1,200-acre urban refuge that’s home to a diverse array of wildlife, including more than 300 species of birds. The refuge is a popular destination for birdwatchers, as it is home to a wide variety of birds, including waterfowl, wading birds, raptors, and songbirds.

The refuge is open to the public every day of the week from dawn until dusk. It offers a number of amenities for visitors, including trails, observation platforms, and an education center. The refuge also hosts a number of events and programs throughout the year, including guided bird walks and workshops on bird identification.

8. Play a game of frisbee or soccer in one of Philadelphia's many parks

Philadelphia is home to a number of beautiful parks that are perfect for playing sports such as frisbee and soccer.

Some popular parks for these activities include Fairmount Park, which is the largest city park in Philadelphia and features a number of fields and open spaces; Rittenhouse Square, which is a popular park in the center of the city that is known for its beautiful landscaping and outdoor events; and Schuylkill River Park, which is a multi-use park that is popular for sports, as well as running, biking, and other outdoor activities.

Many of these parks also have organized sports leagues and teams, so you can join a group or start your own game. In addition to frisbee and soccer, these parks also offer opportunities for other sports, such as basketball, tennis, and baseball.

9. Take a stroll through the Philadelphia Museum of Art's beautiful outdoor sculpture garden

The Philadelphia Museum of Art's outdoor sculpture garden, known as the Joan Elizabeth Harris Sculpture Garden, features a variety of modern and contemporary sculptures. Some of the works on display in the garden include pieces by artists such as Alexander Calder, Henry Moore, and Louise Bourgeois.

The garden also includes a large reflecting pool and seating areas where visitors can relax and enjoy the sculptures. The garden is open to the public during museum hours and is free to visit.

How to Lower Your Utility Bills when Renting

Tue, 06 Dec 2022 00:56:10 GMT

Are you wondering how to keep your utility bill low? Some of the best ways to lower utility bills include permanent alterations to the structure of a home. We're talking about replacing old windows to eliminate drafts and upgrading to more efficient HVAC systems. Those aren't options you can realistically follow when renting, but that doesn't mean you have to accept soaring utility bills.

At GM Holdings, we’re committed to helping you live comfortably when renting an apartment or single-family home. We all battle utility bills in our personal lives, and we know that our renters are also looking for ways to save as much money as possible now that rent prices are on the rise . We put together some valuable tips to help you save on water, electricity, and gas.

How to Lower Your Electric or Gas Bill when Renting

Let’s start with how to keep your electric bill low in an apartment or single-family rental home. Some of these tips are fast, easy, and affordable to implement. Together, they can add up to substantial savings on the electric bill over time.

Change Your HVAC Filter Regularly

If you have an HVAC filter in your rental property, it's important to change it at least every three months. Some filters are designed to last for one month, while others are more durable and can go two or three months between changes.

When HVAC filters get too dirty, they slow or possibly completely stop the flow of air through the system. That means your system works harder to maintain the temperature in your property, which in turn leads to higher electricity bills. You may also end up wearing your system out and facing a breakdown if the filter isn’t changed regularly.

Change the Light Bulbs

Compact fluorescent light bulbs utilize the least amount of electricity when in use. They may cost a bit more than your standard incandescent bulbs, but they will last longer while helping to lower your electric bill.

Reduce Consumption of Hot Water

Appliances are more costly in terms of energy when they're required to heat water to operate. If you can use detergents that work effectively in cold water, you can wash your laundry in cold instead of hot water. Shortening showers or using a bit less hot water when you take a bath may help as well. Keep in mind that even using the steam setting on a dryer can use electricity and increase your bill if used often enough.

Unplug and Turn Off Consistently

Everything plugged into the wall is costing you money. If you have electronics or appliances that you don't use often, unplug them. Turn off the lights when you leave a room, even if you intend to come right back. When you make flipping the switch a part of your daily routine, you won't have to run around the home, turning everything off when you go to bed for the night or leave for work.

Seal Drafty Doors and Windows

If you believe drafty windows or gaps under doors are costing you a lot of lost energy, discuss sealing options with your landlord or property management company. You can use caulk to quickly seal small gaps and holes around drafty windows and place weatherstripping under doors that have cracks. Your landlord may authorize you to make these small repairs or offer to have someone do it for you.

These aren’t major alterations to your rental property, but they are changes that your landlord may want to know about.

How to Lower Your Water Bill when Renting

We've discussed how to lower your electric bill when renting, but what about the water bill? We have a few tips for you there as well.

Wait for Full Loads

The more you run your washer, dryer, dishwasher, and other appliances, the more water and energy you use. You can cut all utility bills by only hitting start when you have a full load. If you do need to wash a small load of laundry, make sure to change the settings on the machine to the smallest load possible. That will limit the amount of water used.

Use the Most Efficient Means Possible for Dishes

Check for Water Leaks Regularly

Your landlord or property management team can't know about water leaks unless you report them. Make it a habit to look under sinks and around the toilet and appliances to check for subtle leaks. It's not uncommon for leaks to go undetected for long periods before they become so bad they're noticeable. The earlier you detect and report a leak, the faster you can fix it and spare your water bill.

Getting Everyone Involved to Trim the Utility Bills

You can try to keep your electric bill low in an apartment or rental home, but you can’t do it alone unless you live alone. If you have children, roommates, or extended family living with you, perhaps it’s time to hold a family or household meeting to discuss your utility bills.

Discuss the importance of conserving energy and how everyone can work together to keep the utility bill low. You may even want to do a full utility bill audit with kids old enough to start learning about financial matters. For adult children and roommates, go into the meeting ready to show the bills so that everyone understands the financial impact on your budget.

You can even challenge your children to devise creative ways to help lower energy bills. They may have items in their room that they can unplug because they don’t use them often. When you present children with a problem, other creative ideas may surface and empower them to think of their own solutions.

Consistency is key regardless of what steps you take to control your energy bills. Small actions like unplugging your cell phone once it is fully charged and turning off lights when you leave a room can add up in the long term.

A dishwasher will use less water than you will when washing dishes by hand . If you don’t have a dishwasher, then take the time to plug the sink and fill it with water before washing all dishes at once. When you wash individual dishes or small batches with the water running continuously down the sink, you’re wasting a lot more water than you realize.

Important Tips for Rental Property Maintenance

Tue, 06 Dec 2022 00:46:27 GMT

Owning rental properties is a lucrative business with a lot of responsibility. As a landlord, you must know your duties and be sure to conduct rental property maintenance regularly. Not only does this keep your property in good condition, but it also prevents emergencies from occurring. It also ensures a smooth transition for tenants and assures them that everything is running as you would like.

However, conducting routine maintenance is not a simple task. While some landlords prefer to handle maintenance issues themselves, others seek external assistance from property managers and contractors. With that being said, here are important tips for rental property maintenance:

Pest Control

Pests can wreak havoc on your property, especially considering that they are carriers of diseases. Pests in rental properties are a real problem, and you should never underestimate their destructive capabilities. Before and after tenants move in, ensure the property is completely free of pests. If you find any, contact a pest control company and have them solve the issue.

Most tenants will avoid renting a property with pests, so to avoid affecting your tenant turnover, be sure to rid the property of pests.

Annual Electrical Inspections

It is important to ensure the safety of tenants by having annual electrical inspections conducted on your property. Electrical problems pose not only a threat to the tenants but also to the owner. They can result in a fire or electrical shock if not handled properly. By having annual inspections conducted on your property , you can be sure that everything is in good working order.

HVAC Maintenance

HVAC equipment is another important rental property maintenance aspect you cannot overlook. During the hot and cold seasons of the year, ensure that the basic components of your HVAC system, such as air filters, are always in good working order. If not, you risk overheating the building and causing substantial damage.

Fire Alarm System Maintenance

Fire alarm systems like smoke detectors can be a lifesaver in the event of major problems. For example, when the building needs to be evacuated during a fire, the fire alarm system is one of the safest ways to get everyone out safely. It will also keep your property free from any unwanted disturbances.

To ensure your fire alarm system is always in good shape, contact a service provider and ask them to inspect and maintain the system regularly.

Checking for Leaks

No matter how well-maintained your building is, there's always a chance for leaks due to wear and tear. If you own a building that leaks in the plumbing, you risk damaging the property and affecting its value, a crucial factor in real estate sales. In addition, leaks often lead to mold and mildew, which can be a health hazard for tenants.

If you find any leaks, contact an expert plumber immediately and have them fix the problem. The other option is to call roofing services to do comprehensive maintenance, especially if the problem is related to the roof.

Damaged Appliance Replacement

As a responsible landlord, you must understand that everything has an expiry period. Therefore, as one of the rules of thumb, ensure you replace any damaged appliances on the property. This, of course, is after a thorough assessment of the life expectancy of crucial machines like the air conditioner. Doing so will ensure that your tenants are always comfortable, plus you won't risk depreciation when it comes to rental income.

Re-Painting

Exterior walls and doors tend to be exposed to a lot of wear and tear. When you paint these walls and doors, the elements will not affect their durability, and they will stay in good condition for a long time. So, it's important to make sure that you regularly paint the outside of your property. Even though this activity makes you incur maintenance costs, it will help make your property attractive to more potential tenants.

Routine Inspections

Most people fail to understand the importance of overall routine inspections. To ensure that your property is in good condition, you must regularly conduct an overall routine inspection. These inspections will fall under basic operation costs. They will allow you to identify any potential maintenance issues plaguing your property.

Once you have identified these issues, you can take the necessary steps to repair damaged property and replace malfunctioning equipment to ensure everything is in good working order.

Create an Effective Schedule

By creating a timetable for home inspections, it will be easier for you to create a schedule for your tenants to avoid disruptions in their daily lives.

You can also benefit from having a timetable for routine maintenance. It will help you to remember when you should inspect certain items and whether or not they are in good working order.

Hire a Property Management Company

Hiring property managers to help you with the day-to-day operations of your building is one of the smartest decisions you can make as a landlord. Property managers can help take a lot of pressure off your shoulders by handling crucial tasks such as finding new tenants, tax insurance, enforcing rules and regulations in the property, and ensuring everyone lives in a safe and healthy environment.

Property managers can also give you investment advice to help optimize your financial position and understand the 50 rules of thumb in real estate .

Conclusion

No matter its square foot size, a property is an investment you can't afford to miss. If you fail to maintain your property, the depreciation of its value is inevitable. But if you are willing to invest in a property maintenance schedule, it is easy for you to help your property stand the test of time. It's just one of the most valuable investments you could make as a landlord.

If you are looking for a property management company that you can rely on, feel free to give us a call. Our company is trusted by landlords and tenants alike for our quality work and courteous service. Don't forget to check out our website too!

What is Renter's Insurance?

Tue, 06 Dec 2022 00:32:44 GMT

When you move into a rental property, you can assume that the owner maintains a homeowner's insurance policy. You may also assume that policy will cover your personal belongings in the case of a fire, flood, tornado, robbery, or another unfortunate incident. Unfortunately, that’s not the case in most rental situations.

Your landlord’s homeowner’s insurance is designed to protect the property in which you live. It may help your landlord repair the home and surrounding property after a covered incident occurs. Still, it won’t likely do much to compensate you for lost furniture, appliances, and other belongings.

That’s where renters insurance comes into play, and it’s more important than you may realize.

To help you understand what renters insurance is and whether it’s worth the investment, we put together a quick guide. You can use this information to make critical decisions to protect yourself as a renter.

What is Renter's Insurance?

Renters insurance is a policy that protects personal belongings kept inside of a rental property. You can secure a policy for apartments, private homes, manufactured homes, and other types of property that you rent from a private landlord or property management company.

Your landlord should carry insurance that covers the actual home and surrounding property that you rent. Your renter’s policy will cover the items that you purchase and bring into the property as personal items. We’ll talk more about what a renters insurance policy does and doesn’t cover in a moment.

Types of Renter's Insurance

There are two types of renters insurance available today:

Property Replacement Cost (RCV) – Covers the cost of repairing or replacing lost or damaged property at current prices for similar or similar items. Depreciation of items isn’t considered. You will receive the full amount required to replace each item at today’s prices.
Actual Cost Value (ACV) – Covers the cost to replace lost or damaged property at the depreciated rate. The item's original value when brand new is considered, along with the property's age, to determine how much you're entitled to receive for compensation on your claim. The current replacement value isn’t considered.

Many insurance companies have standard ACV policies, but you can often upgrade to RCV for a higher monthly or yearly payment. If you need to file a claim, you may receive more back for lost or damaged items at the full replacement value rate. To determine if it’s worth paying more for a replacement cost renters insurance policy, consider the following factors:

How much more will RCV cost you annually over a similar ACV policy?
What would it cost to replace your property at today’s rates?
What is a reasonable depreciated value of your property?

By estimating those figures, you can determine if you might get substantially more back with an RCV policy. Keep in mind that your items will continue to depreciate each year you maintain your renter's insurance policy without filing a claim. If you regularly update your furniture, appliances, and other property, you may find a replacement cost policy worth the investment.

Is Renter's Insurance Required?

Renter's insurance isn't legally required by the state or federal government, so you aren't legally bound to maintain a policy if you rent. Many landlords and property management companies require all renters to secure insurance, so you may need to comply if you want to live in certain properties.

If you’re planning to rent soon and are trying to estimate your move-in costs, it’s best to assume you will need to secure a renters insurance policy. That ensures you’re prepared for all move-in expenses if your preferred property does require coverage for all tenants.

What Does Renter's Insurance Cover?

Renters insurance covers replacing or repairing your personal belongings after a "covered peril." Those perils are unexpected events that you can’t predict or prevent and that leave you no option to save your belongings. For instance, the following are common covered perils for a renters insurance policy:

Smoke damage
Wind damage
Hail damage
Explosions
Vandalism
Theft
Fallen objects
Snow damage
Ice damage

Floods and earthquakes are often not covered by the renter's insurance. Your policy may have other exclusions, so it's important to read the details of each policy you consider.

When you secure a renters insurance policy, you share details of the property in your rental unit and their estimated or actual value. If one of the covered perils occurs, you can file a claim to receive compensation for the repair or replacement of those items, according to the terms of the policy. Those terms go back to the policy type we discussed in more detail above.

There are four types of coverage that you may have with a renter’s policy:

Personal Property Damage – Covers most, if not all, of your personal belongings, including furniture, clothing, electronics, jewelry, artwork, and sporting goods. Your policy should also cover any appliances that you own personally. Their homeowner's insurance policy most likely covers appliances owned by the property owner.
Personal Liability – Covers liability costs if you’re blamed for an injury or damage to someone else’s property that occurs in your rental property.
Medical Expenses – Covers medical bills for an injured guest while in your rental property.
Other Expenses – This covers the cost of hotel rooms, food, and other expenses that may come into play when you cannot remain in the rental property after a covered peril. For instance, if you're forced to leave the property while it's repaired after a fire.

Not all renter's policies include all of these coverage options. Each policy has its maximum coverage limit for each coverage included, so make sure you compare like terms when considering rates.

What Does Renter's Insurance Not Cover?

Your renter's insurance won't cover items damaged in an event not covered by the policy. That's why it's important to understand what falls within your policy's covered perils before selecting a policy. Your policy will also cover up to the maximum reimbursement amount, so you may not get the full value of your items if it exceeds your policy’s max.

The renter's insurance won't cover any permanent structural part, including damage to stairways, walls, and other parts of the actual home or apartment. Some policies may also consider permanent appliances like stoves and refrigerators permanent fixtures. You may need to cover those items if you bring your own appliances into a rental unit.

Your policy will only cover items owned by the policy owner. That excludes property owned by roommates who share your residence or friends and relatives who store items in your rental unit.

In most cases, anything you keep outside of your rental unit isn’t covered. That may include outside furniture.

Conclusion: Is Renter's Insurance Worth It?

If you can't afford to replace everything inside your rental home at one time, then renters insurance is likely worth the investment. The thing about covered perils is you never know when they will hit your home. Your landlord has protected the structure in which you live, but it’s your responsibility to protect your personal belongings.

9 Things to Do in Philadelphia This Fall and Winter

Thu, 20 Oct 2022 22:50:38 GMT

Fall and winter's crisp air is the perfect backdrop to enjoy the many events, festivals, and exhibitions in Philadelphia this time of year.

The arrival of winter brings a slew of great winter activities and festivals to Philadelphia. Beyond the holidays, light displays enchant visitors, ice rinks spring up all across the city, and special activities mark the arrival of winter.

Indulge in winter pleasures like hot chocolate and pastimes such as sledding while you have the chance. In addition, popular expos and marketplaces are back this year.

There are plenty of enjoyable activities to do in Philadelphia throughout the winter. Here are some of our favorite places in the city and elsewhere.

1. The Nutcracker by the Philadelphia Ballet

It just wouldn't be Christmas without The Nutcracker by the Philadelphia Ballet. One of the highest-rated performances of this classic in the country, this charming ballet promises a magical night every time.

The marvelous costumes, giant Christmas trees, and captivating choreography make The Nutcracker a compelling performance. Tchaikovsky's mesmerizing score brings the production to life in a performance that's enjoyable for the entire family.

The Nutcracker opens in December this year and opening night tickets start from $10. An unforgettable night at the ballet is definitely one of the best things to do in Philadelphia this winter.

2. Dilworth Park Winter Activities

November marks the return of all of Dilworth Park's popular winter attractions. The historic City Hall's west front will once more be illuminated by the Deck the Hall Light Show, and the Rothman Orthopaedics Ice Rink will once more be open seven days a week for skating.

The Wintergarden on the Greenfield Lawn will once more include reindeer topiaries.

The Made in Philadelphia Holiday Market and the Rothman Orthopedics Cabin will complete the park's seasonal makeover. Highlights include glittering lights, whimsical reindeer topiaries, and rustic decor. Warm mulled wine is available for those 21 and older at the nearby Chaddsford Winery kiosk.

A complete calendar of free events is planned through February in addition to these attractions.

3. Eagles Games

The weather outside may be frightful, but you can still root for the home team. This fall, the Eagles play at home on September 19, October 2, October 16, November 14, November 27, and December 4. Alternatively, you might go to the Wells Fargo Center to watch the Flyers host the Devils on home ice on October 13.

The Sixers' home debut against the Bucks comes on October 20 if you'd prefer to be courtside. Finally, you can tailgate or hang out at a sports bar if you are unsuccessful in getting tickets.

4. Blue Cross RiverRink Winterfest

Penn's Landing is transformed into a winterized riverfront park during the colder months by the Blue Cross RiverRink Winterfest.

Winterfest, a winterized version of the summertime roller skating paradise Blue Cross RiverRink Summerfest, has an Olympic-size ice skating rink with views of the Delaware River, a ski lodge, and a winter garden with a magnificently decorated holiday tree (lit by tens of thousands of LED lights!), an outdoor restaurant area with fire pits, toasty warming cabins, and much more.

Each year, Blue Cross RiverRink Winterfest is open and a permanent favorite with locals and guests of all ages, providing a ton of entertainment, food, and drink.

5. The Light Show at Franklin Square

The Electrical Spectacle Holiday Light Show is Franklin Square's winter high point.

More than 100,000 lights dance across the square several times each night to the Philly POPS' music. A 12-foot-tall kite that lights up in the middle of the plaza pays homage to the square's namesake, Benjamin Franklin, and his well-known kite electricity experiment.

This is among the top free things to do in Philadelphia over the holidays.

6. Discover the local haunted attractions for Halloween

Thanks to some genuinely horrific nearby haunted attractions, the Philadelphia area can transform into a terrifying place.

There are many opportunities to make your heart race around Philadelphia this fall, from well-known attractions like the Eastern State Penitentiary and Pennhurst Asylum to seasonal attractions like hayrides, haunted houses, and spooky corn mazes such as Fright Factory, Bates Motel, Sleepy Hollow Haunted Acres, and Night of Terror at Creamy Acres Farm.

7. Center City District Restaurant Week

Many of Philadelphia's best restaurants are offering a three-course dinner for just $40 per person during the hugely popular Center City District Restaurant Week, while some restaurants are also offering lunch for $25 per person. The event has been taking place for over 20 years during the month of January.

Restaurant Week, despite its name, has grown over the years to nearly last two full weeks, allowing customers plenty of time to check out new restaurants and go back to their old favorites. Amada, SOUTH Kitchen & Jazz Club, and Pumpkin BYOB are all must-try establishments.

8. Macy's Holiday Light Show

This famous holiday show has survived longer than many businesses who have rented the space it is in. Every year, this spectacle has delighted generations of kids and adults, and it remains one of the top holiday attractions in the city. More than 100,000 energy-efficient, brilliant LED lights are used in the display to illuminate traditional holiday pictures.

With more than 28,000 pipes, the Wanamaker Organ—the show's focal point—is the biggest performing pipe organ in the world. From the day after Thanksgiving to the end of the year, the show is completely free, lasts 15 minutes, and airs every two hours on the hour.

9. Love Park Holiday Market

New Paragraph

How to Offset Rising Rent Costs

Thu, 20 Oct 2022 22:43:49 GMT

Offset Rising Rent Costs In Philadelphia With These Helpful Tips

When discussing the rising rent costs in Philadelphia, we at GM Holdings view it through a glass-half-full lens.

Sure–there’s no denying the 5% year-to-year increase in rent in the city of brotherly love. The stats don’t lie.

The silver lining? Philadelphia’s $1,322 median monthly rent for a two-bedroom apartment eeks below the national average.

Of course, for many, those costs remain substantial. However, we believe that through some forward-thinking tactics–such as the ones we’ll suggest below–Philadelphia remains affordable enough to offset rising rental costs.

Plan Your Budget Accordingly

Part of offsetting the rising costs of rent is having enough money saved up in the first place.

Building financial security might not directly lessen the upfront monthly rental fees. Still, having enough cash stowed away allows you to budget around your available funds and prevents unforeseen expenses from disrupting your life too much.

The general rule is to allocate 30% of your gross income toward rent.

You’ll also want to save enough for one-time expenses due immediately before your moving date. Included in these costs are your:

Security deposit
Furniture costs
Renter’s insurance
First month’s rent:

Compiling at least $8,000 in saved-up funds, give or take, solidifies you for the cash outlay right out the gate.

Again, this type of financial planning won’t magically reduce the listed rental prices for places in the city. It will offset the long-term adverse impact of increasing rental costs on your bank account.

Reduce Your Utility Costs

Typically, Philadelphia residents' $171.62 average utility bills (including electricity, water, and gas) eclipse the national average.

For the above reason, you shouldn’t jump at the opportunity to sign a rental agreement that includes utilities. (Note: this tip doesn’t apply if you crunch the numbers and the included utilities add up to substantial savings.)

You’ll typically find that handling your utilities, water, heating, etc., offers you control over your usage and budget.

Here are some suggestions to help save on utilities:

Equip your sound system and television with a power bar and turn it off when you aren’t using it.
Whenever phones and laptops are finished charging, remember to unplug them.
Sign up for less expensive streaming services instead of paying for cable.
Find the optimal temperature on the thermostat that keeps you reasonably comfortable without breaking the bank. You can also lower your thermostat during winter when you aren’t at your apartment. Raise your thermostat on summer days to decrease energy consumption and your bills.

Live With A Roommate (Or multiple roommates)

Sharing your space–and therefore rent–can drastically reduce how much you pay for an apartment. Depending on the setting (and your tolerance levels), you can split rent with three or four roommates.

Having roommates might not do wonders for your privacy, but it’ll offer plenty of financial breathing room. You’ll reduce your cash-related burdens, and you can allocate the leftover money toward any lingering debts, a dream vacation, or buying a home.

There’s an additional bright side–especially if you’re a social butterfly. You won’t get lonely. Your roommates will be there to join you for movie nights and the next big Phillies, Flyers, or Eagles game.

Rent Your Apartment When You’re Out Of Town

This suggestion comes with an important disclaimer. You must check your lease thoroughly to ensure you’re not prohibited from offering short-term rentals.

Beyond needing a contract that allows you to rent, this strategy is most effective if you frequently travel for work or regularly spend the night at a friend’s house. Consider using Airbnb or a similar platform for the most seamless results, and you’ll offset some of the surging rental costs in Philadelphia.

Offer Work For Reduced Rent

The ideal candidate for this suggestion can fix a squeaky hinge, leaky faucet, or rickety cabinet door. These skills can help you save money on rent if you negotiate with your landlord to do the repairs in your unit (or whole building) to cut into rental costs.

You don’t need to be a full-on Mr. or Mrs. Fix-It to negotiate savings–just don’t be afraid of offering up some elbow grease. You can potentially clean, paint, mow lawns, manage minor landscaping work, or clear snow from common areas.

Move Into A Smaller Place

If you don't have a roommate, it's worth asking if a two-bedroom with one and a half bathrooms is necessary.

A smaller bachelor or one-bedroom can save you significantly on rent while cutting into your cooling and heating bills. Sure, it could feel cramped initially, but the resulting savings will take you far in the future.

One pro tip is to use vertical space to your advantage. Tall shelving units can help you maximize storage.

Fall In Love With A Less Expensive Neighborhood

A universal rule is that the more central you get with your living space, the more it will cost.

Don’t get us wrong; we understand wanting to be in the heart of Philadelphia. It’s where all the action thrives, and the atmosphere buzzes.

The reality is that those needing to offset rental costs likely shouldn’t live smack dab in Center City. But that’s not the pitfall you might think it to be–because it’s still possible to save while living close to the central hub.

For example, GM Holdings offers a variety of unique rentals that are easily accessible from Center City. These luxury lofts and apartments are available at reduced monthly costs compared to downtown while maintaining many of the perks of living in Philly.

Conclusion: Enjoy Living In One Of The Best Cities In The Country At Prices You Can Afford

New Paragraph

How To Prevent Apartment Fires

Thu, 20 Oct 2022 22:36:06 GMT

A Valuable Safety Guide

Did you know that US fire departments respond to a fire somewhere in the nation every 23 seconds?

Outside of the risk to your life, there was $15.9 billion in property damage caused by fires in 2021 alone. Even if you have insurance, the stress and emotional trauma of losing your personal belongings aren’t close to worth it. Never mind that you’ll be without your living space if the fire spreads too much.

Thus, learning how to prevent apartment fires should be a top priority.

We’re not saying you live in a hazardous environment where fires run rampant. Instead, taking these precautions falls into the “better safe than sorry” line of thinking.

In this article, we’ll explore various tips on how to prevent apartment fires, ensuring you remain safe and sound in your living environment.

How Common Are Apartment Fires?

We’ll start with some good news–the risks of starting a fire in an apartment are less prevalent than living in a home. After all, chimneys, fireplaces, and fireplace maintenance don’t factor into almost all apartments.

Moreover, building managers hire professionals to maintain heating and air conditioning systems.

So, when examining the question of “how common are apartment fires?” we can say that they are not as frequent as fires in other living spaces. Still, risks exist, and those living in apartment buildings must be mindful of potential fire hazards.

Cooking is the number-one cause of apartment fires, accounting for almost three-quarters of related incidents. It’s followed by heating, appliances, open flames, and general carelessness, each causing under 6% of fires, respectively.

Are Apartments Supposed To Have Fire Extinguishers?

In Philadelphia, landlords must have one fire extinguisher with a rating of at least 2-A:10-B:C in stairwells or corridors at each floor level if buildings don’t have water sprinklers.

Moreover, if a building is three stories or less and has one stairway, it’s required to have a fire extinguisher placed equally close to all units.

We’ll point out that these insights come from one legal expert based in Philadelphia. You can learn more about these regulations by contacting your nearest fire department and asking .

On top of extinguishers inside your apartment building, you should also have one in your specific unit. The typical storage area for extinguishers in apartment units is under the kitchen sink.

Equipping your apartment unit with a fire extinguisher will prevent minor flare-ups from turning into catastrophic fires. Ensure that your extinguisher is working correctly and is updated appropriately.

Be mindful that your extinguisher might need recharging–a suggestion that rings doubly true if the extinguisher has been used.

Stay Alert When Cooking

Cooking and eating are life necessities that keep you nourished and functioning at your best. Yet, carelessness in the kitchen can cause damaging apartment fires that adversely affect your quality of life. That’s quite a double-edged sword.

You can eliminate the risks of starting a cooking-related fire by turning off your appliances (namely, your burners) as soon as you finish making food.

When frying or cooking with grease or oil, your vigilance should be at its peak. Also, keeping clothing and other potentially combustible materials far from flames is vital to preventing apartment fires.

Electrical Cord Safety

Here are some valuable tips that prevent electrical cords from becoming fire hazards in your apartment:

Limit the number of extension cords and cord adapters in your apartment and replace them with a power strip equipped with a surge protector.
Extension cord usage should be temporary.
Extension cords shouldn’t run under rugs or be tacked to walls.
Unplug small appliances like your toaster when you aren’t using them.
Regularly inspect your electrical cords for cracks or other damage. Replace them if they’re damaged. Don’t try to repair them.
Don’t overload wall outlets or extension cords.
Plug appliances directly into wall outlets–don’t ever use extension cords for them.

Avoid Space Heater Hazards

While apartments generally don’t have wood-burning heaters or fireplaces, many units have space heaters, which can become a fire hazard if you aren’t careful.

Fortunately, space heater safety is straightforward–you must leave three feet of clearance around them, and you’ll prevent potential fires.

Treat Candles With Care

Awareness is crucial when using candles in your apartment.

Sure, we could say to not use any candles at all, and you’d avoid any risks. However, we can’t ignore the ambiance and aromatherapy that candles can offer.

While we understand why you’d want to use candles, safety and vigilance are essential with any open flame. Don’t leave lit candles unattended; ensure they’re placed far away from combustible items (e.g., curtains). Furthermore, any candle should be extinguished before you go to bed or leave a room.

Also, note that your lease might not allow open flames, so you should double-check the fine print.

Indoor Smokers Must Be Extra Careful

Smoking indoors has a litany of health risks that should act as their own preventative measures.

All the same, you’re allowed to smoke in some apartments. In fact, if you’re a smoker and smoking outside during frigid winters or molten summers doesn’t appeal to you, indoor smoking could be a huge selling point.

Provided you must smoke indoors, avoid doing so in bed. Extinguish cigarettes, cigars, etc., before you dispose of them. Ensure lighters and matches are outside of a child’s reach–a suggestion that applies to non-smokers since matches and lighters double as helpful tools in a living space.

Ensure Your Smoke Detectors Are In Working Shape

Working smoke detectors can alert you of a small fire, allowing you to act before it turns into something more catastrophic.

Check for a smoke detector in every room where someone sleeps in your apartment. A detector should also be outside each sleeping area.

Ensure the alarm is working by pushing the test button once per month. Ask your super or landlord to manage any issues ASAP if your smoke detector is malfunctioning or needs a new battery.

Note that if your smoke detector has exceeded ten years of age, it must be replaced. The same goes for batteries over six months old.

At GM Holdings , we care about your quality of life and safe living. Hopefully, these fire prevention tips will help you rest easy at night.

Can You Manage All Of Your Rental Properties?

Wed, 05 Oct 2022 17:17:25 GMT

The US is home to around 43.6 million renters. Then, divide that number among fifty states, and weigh that we’re discussing Philadelphia, a city recently cited as one of the nation’s most competitive rental markets . Provided you’re a landlord in the area or wish to be, you’ve made–or will be making–a wise investment.

On top of that, the average rental price for a unit in Philadelphia, just under 800 square feet, is $1,900 per month. That’s bordering on $23,000 of extra annual income! If you own multiple properties or a larger property with room for numerous renters, the possibilities for profit only skyrocket.

At the same time, an insightful businessperson like yourself knows there’s always more to the story. Purchasing rental properties isn’t–in and of itself–a license to print money.

First and foremost, you must manage these properties to maintain a standard that attracts quality tenants. Common sense then dictates the more rental units you have, the more challenging manage all of your properties on your own.

This last notion begs the question: how many units can one person manage?

Self Management, Its Value, And Its Limitations

At the beginning of your career as a landlord, DIYing property management has its theoretical advantages, especially if you’re handy and only have one unit to handle. The benefits are as follows:

You get to learn how to manage a property on your own.
You can start small–keeping things low risk–and gain experience and knowledge as you go.
This experience will prove valuable as you scale your property portfolio.

Even then, industry experts suggest setting aside or “paying yourself” as a property manager with 10% of your projected rental fee.

Yes, you’re putting money aside, but you’ll also be able to better project your returns to see if your properties will turn a profit. In fact, you should weigh this 10% before purchasing the property to ensure it’s a worthy investment. Then, by factoring in the hypothetical property management costs, you’ll know how to fit a property manager into your budget.

Upon yielding success as a DIY landlord of a property or two, it will likely make sense to scale up. In this case, even the most hands-on landlord must outsource to avoid the resulting headaches if you don’t hire outside help.

When Should You Outsource Property Management In Philadelphia?

There’s no one-size-fits-all answer to when to say goodbye to DIY. Still, the answers to the following questions will help clarify if you need to outsource property management in Philadelphia:

How Many Rental Properties Do You Own?

A single-family residence–with an ideal tenant–might be easy to manage in your spare time. However, multiple properties call for far more from a landlord. Multi-family units present the same challenge.

The general rule is more units, and more occupants mean additional responsibilities and extensive demands on your time. In other words, the more rental properties you have, the more you need to hire a property manager.

How Flexible Is Your Schedule?

Do you have another full-time job? If so, balancing your career with the duties of a landlord and a social life might require outsourcing property management in Philadelphia. This answer rings true even if you only rent out one property.

Are Your Properties Local?

If you’re from outside of Philadelphia and your property is here, you’re better off outsourcing your property management in Philadelphia. Sure, living a few cities over isn’t a big deal. However, anything more than an hour away can prove a massive inconvenience–especially during tenant-based emergencies.

Do You Have An Affinity For Property Management?

Quality of life is paramount; managing even one property might make you miserable if you don't enjoy property management. That said, you can still–maybe–manage one property if you have great tenants. However, as you scale up, you’ll be unhappy with the rising demands of renting out multiple properties.

Are You Knowledgable About Landlord-Tenant Laws?

Here are crucial landlord-tenant laws you need to be comfortable with as a landlord:

Federal anti-discrimination laws (especially during the screening process)
State and local legislation for security deposit handling, evictions, and notices for entering.

These issues can prove sticky even with one unit. If you’re worried about ending up in court, outsourcing property management in Philadelphia can keep you on the straight and narrow.

Are You Struggling To Fill Vacancies?

As your property portfolio grows, so may your vacancies. Two months of lost rent due to vacancies could cost more than it would to outsource your property management in Philadelphia. So, it only makes financial sense to hire someone to help fill those vacancies–like a property manager.

Outsourcing Property Management In Philadelphia Is An Efficient Solution For Landlords

New Paragraph

What Are The Pros And Cons of Renting Versus Owning?

Wed, 05 Oct 2022 17:09:56 GMT

The US has seen property values increase by 30% over the past two years, which is ideal for some and a significant hurdle for others.

As with any substantial jump in real estate prices, an overarching question revolves around whether buying or renting is better in today’s landscape. In this article, we’ll examine the pros and cons of buying and renting, and from there, you can decide which option might work better for you.

An Overview of Renting

Somebody might flippantly tell you that you’re throwing money away by renting. That’s not always the case, as you must live somewhere and always pay for such a privilege.

In fairness to the naysayers, you don’t build equity by paying monthly rent. At the same time, not all homeownership costs build equity.

Additionally, renting allows you to plan your budget monthly. After all, you’ll know your housing costs in advance since it’s on your lease. You might also need to pay for storage utilities and homeowner association (HOA) fees if renting in a condo building.

You could face increases when it’s time to renew your lease. Your increase will be more significant if you live in a more expensive, desirable area. However, some places have rent control and ceilings, limiting a landlord’s ability to add to your rental expenses.

When renting, you can move at the end of your lease. Yet, renting could also lead to you being forced to move if your landlord sells or converts your apartment into condos. Or, your landlord could skyrocket your rent to a price you can’t afford.

Pros of Renting:

Despite needing to pay first and last month’s rent, you’re paying less upfront to rent than to own.
Your landlord–for the most part–is responsible for repairs, meaning they cost less than homeownership.
You have more freedom to move if you have any changes in your life than if you own a home.

Cons of Renting:

You don’t compile equity or make money on an investment.
You don’t have the freedom to decorate and design as you please.
You’re subject to rent increases if you don’t live somewhere with rent protection.

An Overview Of Homeownership

Owning a home means you can feel stable and have pride in ownership. You can also decide on its design and overall appearance.

Since real estate is an illiquid asset, deciding to move from a home you own is a costly prospect.

It can be challenging to sell when you want. It can be equally challenging to sell at your desired price if the market is at a low point. Then, provided the housing market is up, you still face high transaction costs when selling.

Even if your mortgage payment is lower than somebody’s hypothetical rent, overall homeownership costs eclipse renting. You’ll be saddled with at least a few of the followings costs as a homeowner:

Property taxes
Water and sewer service
Homeowners insurance
Tree trimming
Pest control
Earthquake insurance (if necessary)

During the early years of a long-term mortgage, interest can comprise almost all of your monthly payments. To that point, it can take up to 13 years before you’re paying toward the principal balance in a 30-year home loan. However, some of those costs can be recouped in tax deductions.

Repairs and maintenance costs can also set you back. For instance, replacing a roof can cost an extra $12,000 to replace a roof if it’s not covered under your home insurance policy.

Pros Of Homeownership:

A home is an investment you can make money on in the long run (as homes tend to appreciate over time).
Putting more money down now gives you better mortgage terms.
You can design and decorate your house as you please.
You can rent your home to pay your mortgage or earn a profit.

Cons Of Homeownership:

It costs exponentially more upfront to own a home versus renting.
Homeownership involves more expenses than renting (e.g., insurance, repairs, and maintenance).
You must navigate fluctuating home prices when you want to sell.

Other Differences To Consider With Homeownership And Renting

New Paragraph

Guide to Living in Fairmount, Philadelphia

Wed, 05 Oct 2022 14:47:04 GMT

Renting In Philadelphia? Then Here’s Your Guide to Living in Fairmount.

Are you renting in Philadelphia? If so, you couldn’t have chosen a better place!

The city is a cultural melting pot with a vibrant spirit, delicious food, and plenty of recreational options.

Still, it’s hard to choose the perfect spot to rent. There’s an embarrassment of riches with seemingly too many favorable living options. After all, Philadelphia is home to enough viable communities to earn the fitting moniker of “the city of neighborhoods.”

Be mindful that you must balance your budget, lifestyle, and day-to-day needs when renting in Philadelphia.

One area that might tick all the above boxes while inspiring your imagination is the Fairmount neighborhood. Below, we’ll shed light on this gorgeous section of the city of brotherly love.

A Brief History And Overview Of Fairmount

Fairmount gets its name from the hill on which the Philadelphia Art Museum sits.

During its infancy, under the name Faire Mount, the neighborhood gained notoriety for housing the reservoir fed by the nation’s first municipal waterworks. The Philadelphia Art Museum’s base incorporates some of the reservoir’s walls to this day.

Modern-day Fairmount’s roots date back to the mid-19th century as the city expanded. Nowadays, the neighborhood is lined with anything between elaborate mansions and modest row homes.

Average Renting Prices In Fairmount

Renting a 1-bedroom apartment in Fairmount costs–on average– $1,665 per month . A 2-bedroom apartment costs $2,125 on average. Additionally, recent statistics show 102 apartments for rent in the neighborhood.

Benefits Of Living In Fairmount

An Environmental Haven

A crucial strong point of Fairmount is its well-earned status as the greenest part of the city. The neighborhood is a short walking distance from the Schuylkill River Trail, where you’ll enjoy running, cycling, or hiking over a 26-mile stretch. Fairmount Park is one of the nation’s largest urban green spaces, with over 9,200 acres of woodlands, wetlands, and trails.

A Eutopia For Foodies

If eating out is essential to your lifestyle, Fairmount might be where you’ve always wanted to live. The neighborhood is chockful of exceptional restaurants that don’t cost a fortune. There are plentiful options for a delicious burger, next-level sushi, otherworldly pizza, and everything in between.

Many delectable, affordable sit-down options can be found in Fairmount if you’re in the mood for Italian, Mexican, American, Moroccan, Thai, Greek, Ethiopian, and much more. You’ll also have your pick of more laid-back cafes and eateries.

Here are some places to check out:

Rye Bread is a fixture in the city, known for its tasty sandwiches.
The Lucky Goat and Mugshots have fantastic coffee.
Urban Saloon and Bishop’s Collar are great places to enjoy drinks.
Figs and Zorba’s Tavern have the best dinner in the neighborhood.
Jack’s Firehouse has mouthwatering chocolate chip pecan pie.
The OCF Coffee House has laid-back vibes ideal for exam cram sessions.

You can bring your own beer, wine, and liquor to many of the neighborhood’s restaurants. Also, the average Fairmount entree costs $5 to $10 less than in Center City.

For the budget-conscious renter who wants to eat in, there’s a Whole Foods, Klein’s Supermarket, Aldi, and other corner stores (e.g., Almonte Food Market) in and around the neighborhood. There are also specialty grocers like Tela’s Market and Kitchen.

Located Near Temple University

Temple University is about two miles from the Fairmount neighborhood. You can walk, drive, or take the Girard Trolley. You can also take your bicycle, which takes less than 15 minutes.

Plenty Of Culture And Activities In The Neighborhood

You’re a short walk away from the Philadelphia Art Museum if you rent in Fairmount. You’re also near the Barnes Foundation, the Franklin Institute, the Penitentiary, and the Rodin Museum.

Furthermore, you’re close to the Philadelphia Zoo (the country's first-ever zoo). If you have children, the Please Touch Museum is a fun place to spend the afternoon with them.

Most of these museums–and the zoo–host events on weekday nights for young professionals.

A Central Hub For Big Events

If you like feeling like you’re part of something, Fairmount is an excellent place to live.

90% of the time, large gatherings like races and concerts happen right by the Art Museum’s steps. This feature allows you to participate in significant events (e.g., the Philadelphia Marathon, Made In America Music Festival) without fully committing to them.

Convenient Location Relative To The Rest Of Philadelphia

With easily accessible public transportation, you can get in and out of the neighborhood seamlessly. Cyclists and walkers can enjoy beautiful, scenic routes along Kelly Drive. Plus, you can venture out on a walk to Center City if it’s a particularly lovely day.

Closing Insights On Renting In Fairmount

Fairmount is an incredible place to live and fits into a student's budget while catering to young professionals.

Experienced renters in Fairmount stress the benefit of a roommate if renting in the neighborhood. While many four-bedroom homes and apartments are available, not as many studios or one-bedroom options exist. That’s unless you’re okay with a large apartment building–but these are typically more expensive.

Guide to Pet Proofing Your Home

Mon, 12 Sep 2022 20:25:44 GMT

It's difficult to look at your home and see all the perils that can cause your pet harm or injury. However, many things can harm your pet at home.

Pets can be very curious, and their curiosity can lead to their demise. You have to take charge and ensure your home is a safe environment for your pet, which means pet-proofing.

The following is a guide to pet-proofing your entire home:

Living Room

Your pets will spend a significant amount of time in the living room, so starting the pet-proofing process there is best. Many dangers in your living room can harm your cat or dog. It would be best to begin by decluttering the room and putting away things like kids' toys.

If you enjoy plants in the living room, they might be dangerous to a pet, so put them out of reach. Cover the HVAC vents to prevent your pet from getting into them and sucked into the AC. Anti-scratch tape on the couch is great for avoiding scratches by your pet.

Electrical cords are a menace in many living rooms, and you should go wireless or cover them to prevent pets from chewing through the wires.

Kitchen

Pets love the kitchen because of the food. The aromas in the kitchen and sights of tasty meals mean pets will spend a lot of time there. However, the kitchen has many dangers, like sharp cutlery and hot surfaces.

Use a stove guard to prevent pets from jumping on any hot surface. Get secure lids for trash cans and bins in the kitchen. Childproof latches will prevent pets from getting into any kitchen cabinets. Ensure you keep any cleaning supplies in the kitchen in a locked cabinet. Close the dishwasher whenever you are not using it and cover any small gaps between kitchen appliances to keep small pets out.

Bathroom

The hazards in bathrooms are pretty apparent. One of the most important steps to pet-proofing your bathroom is putting all the cleaning supplies and medications away in a locked cabinet.

Get a toilet lid that can shut and not be opened by the pet. If you have hair accessories, keep them off the floor, as your pet can choke on them. Put bitter spray on bathroom cabinet corners and rugs to keep pets away and prevent chewing.

If your pet is particularly troublesome, you should also take the toilet paper off the roll and store it in a cabinet or put it high enough where pets cannot reach it

Bedroom

You never want to wake up in the middle of the night from deep slumber because your pet is choking in your bedroom. To pet-proof your bedroom, ensure you always keep the closet doors closed, especially if you have a cat or small dog. These pets can get locked in there without you even realizing it, which could lead to unsightly behavior like a potty accident.

If you have electrical devices like charging stations, put them on a high shelf, away from your pets. It is an excellent idea to create a separate bed for your pets instead of sharing your bed with them. If you share your bed with pets, always make it to prevent the pets from digging into your mattress. Move dangerous items like makeup, lipstick, and grooming products on a high shelf and out of reach. Keeping items off your bedroom floor is also wise when living with pets.

Final Thoughts

Your house is a danger zone for pets, and pet-proofing is the best way to ensure safety for both you and your furry friend.

Are you are looking pet-friendly property in Philadelphia? Contact GM Holdings today to view available properties.

Family Friendly Fall Activities Near Philadelphia

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Mon, 12 Sep 2022 19:50:53 GMT

The temperatures are falling, and the summer heat is dissipating, making it the perfect time for you to unwind with family and friends. There is no better place for you to rekindle the lost fun after the pandemic than in Philly!

The leaves are changing, the days are growing shorter, and Philadelphia has unique, fun-filled activities for your bucket list this fall. It's a charming city with magnificent parks and recreational spots. Not to mention, the yellowing foliage is a perfect backdrop for memorable picnics and excellent Instagram snaps.

Looking for some things to do in Philadelphia this fall? Follow along as we touch on our favorites!

Five Things to Do This Fall in Philadelphia

Halloween Nights at Eastern State Penitentiary

If you fancy a chilling experience out on a Halloween night with friends, nothing beats a Halloween night in Eastern State Penitentiary. The Halloween-themed, 200-year-old penitentiary is a perfect definition of spooky.

An ancient prison for serious American criminals back in 1829, it holds the most dreadful Halloween nights you don't want to miss out on. Located at 2027 Fairmount Avenue in the Fairmount section of the city, venture through haunted houses and savor a drink in Al Capone the Scarface's Cell.

Experience Philly's Changing Leaves and Sunrise at Fairmount Park

If you are a nature enthusiast, let Philly's magnificent public parks enthrall you. You might fancy popping into Fairmont Park, the ideal spot to spend the lazy weekend afternoons in Philadelphia. Pop in and follow the many walking trails amid the chirp of insects and whimper of birds.

Blue Cross River Rink and Spruce Street Harbor Park

For people who relish riverside chilling, then Blue Cross River Rink is the perfect spot for you.

Enjoy hammocks, musical performances, and tasty treats from the locals under the blue sky and the constant wafting of the Delaware River breeze. Spruce Street Harbor Park is just adjacent to the river and is a perfect spot for visitors looking for a place to relax.

If you go at the right time, you might even catch some live music or local artists!

Relish the Perfect Nature in Wissahickon Creek

Wissahickon Creek is a great choice if you’re looking for an active, family-friendly adventure. Hike on fifty-mile rugged trails or go out bird-watching to spot the fantastic species in the park.

Once in Wissahickon, the Valley Green Inn is a must-go. Situated at the base of hiking trails and streams, this historical lunch and dinner restaurant is outstandingly homey. Take in the views while enjoying a beverage on the patio!

New Paragraph

History Behind the 5 Squares in Philadelphia

Mon, 12 Sep 2022 19:47:14 GMT

Did you know that over 45 million people live just a 5-hour drive away from Philadelphia? Also referred to as the City of Brotherly Love, Philly is not only famous for being the capital of the world's most delicious cheesesteaks, but also for its fascinating history.

One of the most integral aspects of Philadelphia is the five iconic parks or “squares” scattered across the city. Each of the five squares in Philadelphia has an intriguing story.

When William Penn created a landmark plan for the five focal points of Philadelphia, he envisioned a utopian "green county town." These spaces served as community parks and meeting points for city block dwellers and today stand proof of Philly's rich History!

Follow along to learn more about the five squares in Phildelphia.

Centre Square (now the site of City Hall)

Centre Square is easily referred to as the heart of Philadelphia. When William Penn was putting it to paper, the plan was to make the space a central point for Philadelphia.

Unlike the other four squares intended as green parks, the Centre Square hosted a marketplace, a Quaker meeting house and the state house. William's vision was to make it home for government buildings.

Although that did not unfold as planned, Centre Square, later renamed Penn Square, became the site for City Hall, which has stood there for over 100 years.

North East Publick Square (renamed Franklin Square)

This park is located on the northeastern side of Centre Square. It was later renamed to Franklin Square in honor of Benjamin Franklin, a famous scientist known for the kite and key experiment. However, the square's existence has been threatened severally.

In the 19th century, the construction of the Benjamin Franklin bridge rendered it into isolation, and decades later, in the 80s, it faced the risk of demolition for the construction of the I-676. The park was rededicated into a full recreational center filled with family-friendly activities, including Philly Mini Golf, the Parx Liberty Carousel, and several playgrounds.

Northwest Square (renamed Logan Square)

Northwest Square boasts a lot of character and remarkable sights thanks to impressive architectural buildings. It also features a picturesque boulevard that diagonally paves from LOVE Park and across to the Philadelphia Museum of Art.

The square was renamed Logan Square in honor of William Penn's colonial secretary, James Logan, who once became the Mayor of Philadelphia. The square is the easiest to catch in Philly, thanks to its conversion into a circle.

French architect Jacques Greber designed the new front. He transformed it to feature boulevards and traffic circles, similar to common sites in places like Paris. It also features an interesting fountain designed to represent the city's major water features; The Delaware River, the Wissahickon Creek, and the Schuylkill River.

Southwest Square (renamed Rittenhouse Square)

The Southwest Square, later renamed Rittenhouse Square, is named after famous astronomer and first director of the U.S. Mint, David Rittenhouse. It is perhaps one of the most luxurious places in Philadelphia. With larger-than-life high-rises, high-class dining options, and very active cultural spots, you will be forgiven to think it was always so.

Previously, Rittenhouse Square was one of the most sparsely populated of the five squares. It was later re-designed by a Frenchman, Paul Phillippe Cret, to include diagonal walkways leading to an oval center. It is also home to the admission-only deluxe Rittenhouse club, Harper's house, and a lush neighborhood of Victorian homes.

Southeast Square (renamed Washington Square)

The story of Southeast Square depicts a place for the forgotten or troubled. It served as a grazing ground for livestock, and a burial ground for poor soldiers and victims of the yellow fever epidemic, making it quite ghostly.

The square was later renamed Washington Square after President George Washington. It continues to enjoy less bustle and a lot of quiet with large shade trees and surely a lot of history buried underneath its grass. Regardless, the square does not come short of interesting finds, including the Sycamore Moon Tree, whose seeds were once carried to the moon.

Final Thoughts

Philadelphia's rich history and beautiful public parks make it a great place to live and work.

Are you interested in renting a property in Philadelphia? Contact GM Holdings today or view our available properties here! ph

What Is a Tenant's Responsibility when Renting an Apartment?

Mon, 01 Aug 2022 17:05:16 GMT

Renting may offer reliability, but it also poses various pros and cons. Most people choose to rent because it’s more cost-effective than buying a home or condo. Others enjoy the flexibility that being a renter offers.

Even though you don’t fully own your residence, you have responsibilities as the tenant. Similarly, other responsibilities fall on the landlord or property manager. Keeping track of your duties is vital to avoid finding yourself on the wrong side of the law.

So, you might be asking yourself, “how do I know what my responsibilities are as a tenant?” While your lease should give you guidance on this question, there may be things that aren’t explicitly stated but are entirely part of standard practice for tenants in rentals.

Follow along to learn more about some of your responsibilities as a tenant!

What are my Responsibilities as a Tenant?

Every rental property has housing codes. It is your duty as the tenant to ensure you are aware of the codes and fully understand what is required of you. You must adhere to the housing codes to prevent issues with the landlord or other occupants.

Ensure to keep a clean and sanitary environment. Your environment should remain clean to prevent major issues within the rental complex, like a bug infestation or mold. Taking out the trash plays a major role in this. Theres typically detailed instructions on when and where you should dispose of your trash. Some properties, however, may provide trash services, meaning that responsibility falls on the landlord.

Maintaining appliances is another responsibility. While your landlord will take care of any major appliance overhauling, you need to ensure that you don’t directly cause damage to devices within the rental, like clogging the garbage disposal. This could potentially attract fines or issues with the landlord.

You should also ensure that when you host, your guests do not cause damage to the rental house. Even if your guest causes major damage, like breaking a window, it still falls on you to take care of this.

What are my Landlord/Property Manager's Responsibilities?

Your landlord should provide you with a habitable living. You want a place you can always come back to, feeling like home, and the landlord must ensure that the rental property offers you this aspect. It is illegal to house tenants in a unit that is not safe, for example, a unit overrun with mold or major plumbing issues.

Your landlord must meet all your maintenance needs. This includes significant and critical matters such as electricity, leaks, and anything else that poses a safety issue.

In addition to guaranteeing safety via speedy maintenance, landlords also must complete a thorough screening of other tenants and ensure fully functional locks within the premises.

Final Thoughts

Tenants must work with their landlords to maintain a clean and safe environment. Whenever you notice anything out of the ordinary within the premises, ensure you report to the appropriate authority for action. Your lack of reporting could put you and other occupants at risk.

While you may be able to handle some repairs, the risky ones, such as electrical issues, should be left to the landlord. This also includes plumbing, heating/central air, and much more. Your landlord has access to trusted professionals who handle such matters, so leave that to the pros.

Are you searching for property in Philadelphia? GM Holdings is here to help! Reach out for reliable rental unit services today!

Tips For Organizing And Styling Your Home Office

Mon, 01 Aug 2022 16:19:01 GMT

Since the start of the COVID pandemic, many people have found themselves working from home. Having a clean, inspiring home office space can allow you to be more productive and better enjoy your workday.

You might already have a home office or have converted a spare room into an office. Follow along for some tips on organizing and styling your new space!

Assess Your Inventory

If you want to organize your office correctly, the first step is to look at all of your office belongings and take a mental note of how much storage you may need. It would be best to consider things you might have brought home from your former office and personal items you already own.

Get an accurate assessment of your office equipment and make a detailed inventory. Get rid of any unnecessary items, as clutter is the enemy of an organization!

Find A Quiet Spot

Finding a location for your office will be a significant challenge depending on how your home is set up.

You don't need a spare bedroom or designated office to create a great workspace. Finding a cozy corner in your living room or bedroom can work perfectly fine and is great for those looking to maximize space in a smaller unit.

If possible, ensure it is away from heavy traffic in your home; for example, try to stay away from setting up near your front door. This can be very distracting, especially if you have meetings or calls that require silence.

Go Paperless

Paper files require a lot of storage space and often lead to clutter in an office. Go paperless to be more organized and avoid clutter.

If you have any physical files, consider uploading them to your computer and storing them digitally. It is challenging to go completely paperless, so if you have any paper files, use filing cabinets with several drawers so you can keep everything in order.

Maximize Your Storage

Getting organized is about making the best use of the space you already have. There are various ways to maximize the storage space in your home office. To utilize wall space, you should consider installing wall shelves for additional vertical storage in your office.

Similarly, get a desk with storage to stow away your office necessities and have a clear and uncluttered desktop. Look for something like this desk from Wayfair!

Take Advantage Of Natural Light

A great office needs light, and with a home office, you have more freedom over how you light the office.

You should choose a space near a window where you can use natural light. There are many benefits to using natural light, notably better mental health.

If this isn't possible, supplement your standard ceiling lights with some lamps or string lights for a cozy feel.

Make It Your Own

Finally, find a style that best suits your taste! The design possibilities are limitless since it is your personal office. Decorate the office with your favorite belongings and put up personal pictures to make the space more relaxing.

There are many places online to find inspiration for design and style, for example, Pinterest! Mood boards like this one can spark your creativity and give you great ideas for organization, theme, and style.

Bottom Line

Organizing and styling a home office may take time and effort. However, with all the time you'll spend in

Looking for a home or office space to call your own in Philadelphia? GM Holdings has residential and commercial properties throughout the hottest neighborhoods in the city!

Click here to contact us for assistance in finding the perfect place near you.

Implement These Three Valuable Tips To Protect Your Investment Property

Mon, 01 Aug 2022 14:44:15 GMT

Philadelphia homes have jumped up almost 60% in pricing in the past five years alone, reaching a $279,900 median.

The upfront costs are substantial–but such projections indicate that you’d buy lower and sell higher if you purchase an investment property, given the ongoing year-to-year increases.

Yet, with all that upward momentum, there are concerns about a looming housing market crash . Thus, profits aren’t set in stone when you purchase an investment property. The venture can be volatile and unpredictable if you aren’t careful.

Upkeep and maintenance also present a challenge, as detailed by Investopedia . The same article discusses the tenant-related obstacles involved in owning an investment property.

Even well-meaning renters can cause severe damage. American Family Insurance cites that average repairs and maintenance cost $10,200 every 5 years . Those numbers can creep up if you’re not careful, cutting into your returns.

Despite these challenges, an investment property can be a lucrative passive income opportunity. In fact, the average return in the US for residential rentals is 10.6%, while commercial properties offer returns of 9.5%.

That said, maximizing your returns and eliminating the pitfalls of owning an investment property rests on your ability to follow the tips below:

Tip #1: Prioritize Insurance

Without the appropriate insurance, you’ll be on the hook for all investment property snafus and disasters.

Standard homeowner insurance isn’t enough if you rent out a residential property. It doesn’t cover any dwelling you, as the owner, don’t live in. Instead, landlord insurance is the viable option because it offers these core coverages:

Property damage
Lost rental income (due to a property being uninhabitable)
Liability protection

For additional costs, you can insure yourself for:

Missed rent payments
Bringing your property up to code
Flood damage
Sewer backups
Workers comp (if you have employees like a property manager)

These insurance types only scratch the surface. Click here to learn more. Also, note that if you buy more properties, you’ll need to increase your coverage.

Tip #2: Register As An LLC

New Paragraph

How to Find Unique Apartments

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Thu, 30 Jun 2022 19:53:46 GMT

Finding a unique home can be very difficult, especially if you are doing it all alone. Depending on your city, there are resources online to help you find the perfect place faster. But what exactly makes an apartment unique? An exceptional home will fit in with your character and personal style while still boasting distinctive, quirky features.

Follow along to learn some special features you should look out for when searching for an apartment.

Unique Features to Look Out for in an Apartment.

Numerous factors can make a house stand out from the rest. While some may be obvious the second you step into the space, others may require you to pay more attention to details. To start you off, here are some unique features to keep an eye on.

Lofted apartments

Lofted apartments are a wonderful canvas for those who love to channel their creativity with decorative pieces. From high ceilings to open spaces, they are airy and very flexible when it comes to work and play.

Pops of color or brightness within the unit

Bright, vivacious colors bring life to the house regardless of the weather or the season. In addition to color, most parts of the house need to have adequate natural lighting. Large windows and glass doors come in handy in brightening the home while also saving you a considerable amount that would otherwise go into energy consumption.

Balcony/ roof deck

A balcony or a roof deck are great additional spaces, especially if you love entertaining. Depending on their size, balconies will give you extra sitting room right off the central area of your apartment. This provides even more room to share meals and drinks with a couple of people without interfering with your personal space. Many also use their outdoor space to host plants & herbs since they typically get ample sunlight!

Storage

If you are shopping for an apartment, you want to ensure all your belongings will fit and possibly have room for more. Some apartments come with adequate cabinet or closet space, while others may require you to think outside the box regarding storage. Depending on where you live, some apartment buildings include onsite storage space in a basement or attic. This is a highly sought-after feature, especially in crowded areas and major cities.

How to Search for an Apartment

Online platforms are great as they act as matchmakers between potential renters and buyers. Most of these platforms filter through hundreds of houses according to your wish list and address. Some popular options include apartments.com and Zillow, which are very straightforward and intuitive.

Typically, here are the steps you should follow for your online search:

Prioritize items on your wish list

Note down the essential must-haves, such as the number of bedrooms and bathrooms, as well as the ones you can compromise on, such as locality.

Have a list of platforms you want to explore.

The primary advantage of searching for houses online is that you can always check different platforms, thus giving you a wider array of choices. Make sure you consider platforms that aren't necessarily exclusive to renters, like Craigslist. You never know when you might find a hidden gem!

Go through the sites one by one.

Whichever platform you go to, you will be required to provide information on which locations you want to move into, your budget, etc. You may notice slight differences between the platform's sort and filter techniques.

How to Narrow Down Your Search.

Going through all the apartments online can be tiresome and time-consuming. Online platforms offer numerous features to help you scale down your wants. The trick is filtering some of the sort options. Some of the boxes you should check to advance your search include:

Amenities like in-laundry units, swimming pools, etc.
Pet-friendliness
Ideal proximity to amenities such as parks
Availability of air-conditioning
Types of views

The more filters you check, the closer to your dream home you are likely to be.

Alternatively, you can look for your unique apartment the traditional way. Walk around the neighborhood with a realtor or a friend as you take a look at houses for rent. Usually, landlords will have 'for rent 'signs in front of vacant units. You can walk around different neighborhoods while on the lookout for these signs.

If you're looking for a unique property in Philadelphia, check out our property listings! Feel free to browse our available units and contact us if you need assistance finding the perfect place near you.

Guide to Loft Apartments

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Thu, 30 Jun 2022 19:50:24 GMT

When you start talking lofts, mental images explode in your mind; an industrial space, a massive room, a one-bedroom unit, etc. The possibilities seem endless in an area as unique as a loft-style apartment, which explains why they're growing in demand.

This article will provide you with an extensive overview of loft apartments, how they differ from other apartments, and more. Keep reading to answer all your loft questions!

What is a loft apartment?

Loft apartments are usually found in industrial buildings that have been turned into modern apartment complexes. A loft apartment is typically a large open space with a living area, kitchen, and sleeping space-all contained in a single room. It is similar to studio apartments in concept but much larger with additional features like high ceilings and exposed brick walls.

A loft apartment is ideal for those who love unique charm with a luxurious feel. Lofts are common in former industrial regions within urban areas, but you can also find them outside cities.

Loft vs. apartment

The main difference between a loft and a standard apartment is the way the space is divided. In a typical apartment, you'll likely find that the bedroom area is distinctively cut off from the living area. In a loft, you're more likely to see less division between the bedroom, kitchen space, living room, etc. It's very common for the bedroom to be divided by stairs, meaning the upstairs is for sleeping while the downstairs is for living.

Lofts are almost always made with a single tenant in mind. Although they do exist, you'll rarely find a loft apartment boasting multiple bedrooms.

What are the benefits of living in a loft apartment?

Living in a loft apartment hosts a lot of benefits beyond expedience and value for money.

1. Open living space

There is no doubt that lofts offer a large amount of space, giving homeowners a breath of fresh air. The enormous space also creates a flexible floor plan that elevates the lofts' overall appearance.

2. Comes with plenty of interesting features

Because lofts are revamped old buildings, they contain fascinating things like beams, ductwork, concrete floors, bricks, etc. This industrial artwork can match well with almost any style, offering some sense of history and character.

3. All amenities under one room

This is an added advantage, especially for those with reduced mobility looking for a space where they can work, live, and sleep all in the same area without jumping from room to room.

What are the cons of living in a loft apartment?

Every advantage comes with a disadvantage on hand. Here's an example of a few disadvantages:

1. Lofts can be noisy since they typically have stairs and thinner walls

2. They can be expensive

3. Lofts can look cluttered since all of your belongings are in one space

4. Your utilities, like electric bills, are likely to be pricier due to high ceilings

Finding a loft apartment

If you are looking for your dream loft, you'll have the most luck searching in urban areas and major cities. There are plenty of ways to find a loft of your choice;

Search online

There are many real estate companies, including GM Holdings, committed to offering affordable luxury lofts to potential renters. You can view our available properties here

Ask local agents

A local agent understands every beat on loft apartments, so asking them for leads is a great idea. These agents have access to real estate databases that can help narrow your search.

Search on Facebook

Most real estate companies do heavy-handed advertisements on social media. This is another path to go when finding a unique loft.

Decorating a loft apartment

Nowadays, designing the interior of a loft has taken a new form. Here are a few tips:

1. Maintain its individuality

Embrace the history of the loft and stick to it when decorating. Industrial furnishings such as austere, window panels, and solar shades can work well.

2. Match the flow

Since lofts are open living spaces, it is a good idea to decorate them with a décor scheme and cohesive colors. Switching your theme and color palette from space to space might cause some clashing.

3. Define the space

Using partitions, sliding doors, and curtains can help break up the space and make it feel cozier and more intimate.

Conclusion

While lofts may not be for everyone, they certainly have their perks. Before you sign a lease, we recommend seeing the space in person first to get a better idea of what you have to work with.

To view lofts in Philadelphia, click here and check out our available rental properties.

Guide to Apartment Tours

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Thu, 30 Jun 2022 19:46:22 GMT

If you're looking for a new place to call home, going on apartment tours is a great way to find the perfect fit. But it can also be overwhelming - especially if you're unsure what to look for. Keep reading for our ultimate Guide to Apartment Tours!

How Long Are Apartment Tours?

Most apartment tours last about 30 minutes. However, some may be shorter or longer depending on the size and layout of the unit. Make sure to ask the leasing agent how long each tour will be so you can plan accordingly.

How to Tour an Apartment

Many will ask, do you have to schedule an apartment tour? In most cases, yes. You'll want to call the leasing office or landlord in advance to schedule a time that works for both you and the agent. That way, they can be prepared to show you around the unit and answer any questions.

What to Look for When Touring an Apartment

When touring an apartment, you should keep a few things in mind:

Pay attention to the condition of the unit. Is it clean and well-maintained?
Take note of the layout and size of the rooms. Are they spacious enough for your needs?
Don't forget to ask about amenities and utilities. How much will they cost? Are they included in the rent?

Additionally, be sure to ask the leasing agent plenty of questions during your apartment tour. Here are a few examples:

What are the lease terms?
When is the rent due?
What is the late payment fee?
What is the security deposit?
Is water, trash, or heat included in the rent?
What kind of parking is available?

New Paragraph

Top School Districts Around Philadelphia

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Mon, 06 Jun 2022 21:22:03 GMT

While Philadelphia is a bustling city with plenty of things to do, many find themselves searching for a home in more suburban areas once it’s time to settle down and start a family. If you have or are planning to have kids, you might choose a county or township based on the school district.

If you're a parent, then you know that finding the right school district is crucial to your child's education. And if you're a homeowner, then you know that finding the best school district is important to the value of your home. So, which school districts should you be looking at? We've put together a list of the best school districts in and around Philadelphia, so you can rest assured that your family will be in good hands.

The School District of Philadelphia

If you live within city limits, your child will likely attend school in the The School District of Philadelphia (unless you go for a private institution). This district contains 217 schools and about 124,111 students in total, making it the largest in the area. While many are critical of Philadelphia’s school district due to lack of funding, it’s one of the most diverse districts in the area.

The main issue facing the School District of Philadelphia is poverty. Statistics show that about 70.5% of students are economically disadvantaged. Additionally, graduation rate for students is just below 75%, which falls slightly below the national average of 84.6%. It’s important to note that the graduation rate has increased throughout the past decade or so as public demand for better resources has grown.

While the school district certainly has it’s issues, there are options that allow students to thrive. According to data company Niche, Julia R. Masterman Secondary School has been voted #1 for Standout High Schools in America. This school boasts a 95% graduation rate, which is well above the district average.

When searching for a school in Philadelphia, make sure you do your due diligence in researching statistics, culture, and resources.

Tredyffrin/Easttown School District

Located about 25 miles from the city, Tredyffrin/Easttown School District has been called the best public school system in Pennsylvania. This district consists of 8 schools and about 6,000 students in total. Many parents love TESD for its competitive nature that drives students to go above and beyond academically.

The average graduation rate falls at about 97%, which is far above the national average. Additionally, 99% of students who graduate went on to attend college or university. Given that this district is significantly smaller than Philadelphia, the teacher to student ratio allows for a more intimate teaching experience.

New Paragraph

Fun Things to do in Philadelphia by Neighborhood

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Mon, 06 Jun 2022 21:18:04 GMT

Whether you're a born and bred Philly resident or just visiting for a weekend, there's always something new to explore in Philadelphia. From the Center City district to the neighborhoods that dot the outskirts of the city, there's something for everyone. With so many different neighborhoods, it can be tough to decide what to do first.

This blog will outline some of the most popular things to do in Philadelphia by neighborhood. So put on your walking shoes and get ready to explore!

Center City

Center City is the core of Downtown Philadelphia. Here, you’ll find some of the most densely populated streets of residencies, restaurants, bars, shops, and more. The most prominent landmark is City Hall, which hosts several events like pop-up shopping in the summer and ice skating in the winter. City Hall is typically open to the public and many visitors enjoy seeing the rich history throughout the building.

If you're looking for a fun day out-and-about in Center City, there are plenty of great options to choose from! There are many bars and restaurants, plus lots of cultural attractions. Here are four fun things to do in Center City, Philadelphia:

See a show at the Kimmel Center
Go shopping on Walnut Street
Eat a cheesesteak at Steve’s Prince of Steaks
Take a walk through Rittenhouse Square Park

Whether you're visiting or living in Philadelphia, these are some must-dos!

Old City

Home to the iconic Liberty Bell, Old City is the most historic area of Philadelphia. This area boasts charming cobblestone streets and beautiful architecture, making it a great place to sightsee.

If you’re a history buff, Old City should be the #1 neighborhood on your list. Many enjoy visiting Independence Hall, which hosted the creation of the Constitution and Declaration of Independence. Take a guided tour and see the original drafts while exploring courtrooms that were once occupied by America’s founding fathers.

If historical landmarks aren't your thing, take a walk down Market Street to find delicious restaurants, bars, shops, and much more. Here, you can even hop on a sightseeing tour and drive around the city on a double-decker bus!

Passyunk Square

If you're a foodie looking for the most renowned cheesesteak spots, you must make a stop in Passyunk Square. This neighborhood is the home of “Cheesesteak Corner”, a block that comprises of Pat’s King of Steaks & Geno’s Steaks. These two spots hold opposite ends of the same corner and have both been operating for over 50 years.

You can also visit the Italian Market , which is one of the oldest and largest open-air markets in the country. Here, you’ll find amazing Italian restaurants and specialty food stores. This area is home to generations-old family businesses as well as many up-and-coming businesses.

In addition to grabbing some delicious food, make sure you visit the various indie boutiques, bars, and cafes. Many establishments in this area are locally owned, so you can rest assured knowing that your dollar is going directly into the community.

New Paragraph

How to be a Better Tenant

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Mon, 06 Jun 2022 21:14:33 GMT

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

Benefits of Hiring a Property Manager

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Tue, 03 May 2022 19:21:14 GMT

If you own an investment property but find it challenging to handle all the work that comes along with it, consider hiring a property manager. This takes a massive load off your back so you can collect your passive income with ease. Follow along for some benefits of hiring a property manager!

Preparing Your Property for Rental

A great property management company will take your property and make it "rent ready." This will entail making minor improvements like remodeling areas or upgrading old appliances. They will complete an inspection before the unit is rented to keep a record of conditions and contents in case of any disputes or damages in the future. They will also hire a professional cleaning service before showing it to potential clients.

Having the rental in optimal condition could mean being able to charge a slightly higher price for the property too and attracting a more professional tenant!

Setting Rent Prices

The property management will set the rent price based on the size and quality of your property and your location. Some areas are more sought after if close to business and social centers. Having amenities like accessible transportation, shopping, and schools close by will attract a higher price. Your property manager will take all of this into account and will research what neighboring properties are charging to set your rental cost.

High-Quality Tenants

By using a property manager, you are getting a higher-quality tenant. Potential tenants are screened to make sure they have no previous convictions or evictions, have a stable income, and can demonstrate the ability to pay in full and on time. By meeting potential renters and checking references of previous landlords, they will know if they are organized and honest people. You will be less likely to experience property damage and late or missed payments in this way.

Finding a good tenant that will rent your property long-term will also save you so much time and money in the long run. You won't be dealing with the loss of earnings through property vacancy between short-term rentals and the leg work involved in securing new tenants.

Keeping on Top of Tasks

Being a landlord can be a full-time job, but often you will find that most landlords are leasing property as a side hustle. Preparing advertisements, interviewing and showing to potential renters, drafting rental agreements, managing inspections, collecting rent, and coordinating property upgrades and maintenance are just a few of the tasks a landlord would need to juggle. Not to mention, there can also be reams of paperwork to fill and file.

In many cases, a landlord may not even live in the same area, meaning that they cannot frequently check in on the condition of their property or provide emergency maintenance should the tenant need it. You can rest assured that all of these tasks would be taken care of professionally with a property manager.

Avoiding Legal Issues

Having a professional managing your rental is great for avoiding potential legal disputes. It's possible that you could run into a costly legal battle if you were unable to keep on top of maintenance and repairs, for example, and living conditions became a threat to your tenants' health and safety.

In cases like this, the tenant is protected by law and within their rights in to sue you If something did happen out of your control and a tenant tried to take advantage of a bad situation, the property manager could deal with them in a way that would avoid any dispute.

Contact GM Holdings for More Information

GM Holdings provides all the above benefits for residential and commercial properties! We take the leg work out of leasing and streamline the entire rental process from start to finish, making your property work for you. If you're looking for a property manager in the Philadelphia area, contact us today!

Guide to Renting Your First Apartment

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Tue, 03 May 2022 16:05:02 GMT

Whether you are moving out of your parents' home or leaving your dorm days behind, renting an apartment is an exciting step. This action can also be very overwhelming, especially if it's your first time. However, breaking down the entire process will make your new adventure more straightforward and enjoyable.

Follow along for our guide on renting your first apartment!

Determine Budget

With this first task, you have to determine how much money you will be spending every month. Consider that your entire monthly expenditure includes not only rent & bills but also groceries, car payments, and other regularly occurring expenses.

If you have a car, ensure your apartment has enough residential parking. If it doesn't, remember to factor in the money you'll spend on parking per month. Remember, the choice of your city also plays a role in your cost of living.

To determine your budget, subtract your rent from your take-home salary. After this, divide the remaining balance into groceries, transportation, parking, and any other categories that apply to you. This will help you determine how much money you must allot to each category.

Keep in mind to factor in furniture and any other items you'll have to buy during the first month when moving into your new place. To get accurate calculations, use an online rent calculator or talk to an advisor or budgeting expert to prevent potential financial stress.

Decide on Location

Determining the best area to live in can be pretty daunting, especially if you don't know what to look for. To make a sound decision, answer the following questions:

Do you want to live in a rural or urban area?
Is the neighborhood affordable?
Is the distance between your preferred apartment and work reasonable? (This could be walking, driving, or bicycle distance)
Is your apartment ideal for any family members or pets?
Is the level of noise in and out of your apartment manageable?

These questions will help you determine the ideal location for choosing your first apartment.

Amenities

As a first-time renter, you must consider the amenities available in the apartment and location. Some apartment complexes have important options like an on-site washer and dryer, individual parking spots, a balcony, and rooftop terraces. You may also find some with a fitness center where you can keep fit without the hustle of off-site gym facilities.

Amenities can also refer to bathrooms and closet spaces. How many are there? How large are these spaces? These are all questions you should ask yourself.

Determine the Best time to Look for an Apartment

There are times of the year when apartments are widely available and more affordable. As such, if your moving date is flexible, you can take the competition and expense of the market into consideration. Ideally, winter is a perfect time to move as only a handful of people want to relocate. This means that you're better able to find a sweet deal.

Take a Tour of your Prospective Apartment

Before signing the lease, you must take a tour, inspect and ask questions about the apartment. Your questions should be about extra expenses, noise levels, maintenance schedules, and heat levels during summer and winter. It would also help to inspect the building for any damages and risks. Also, see if the lease agreement has favorable terms and ensure that you can negotiate to have some removed.

Prepare Everything Ahead of Time

The last step in renting an apartment is getting your paperwork ready. You need to ensure you have a good credit score, proof of income, appropriate references, and social security before signing the lease. Set up utilities ahead of time, select your ideal movers, and ensure you have your basic needs ready to transition smoothly to your new home.

Key Takeaway

Renting your first apartment is an exciting journey that potential challenges shouldn't compromise. Like most things in life, a little preparedness and due diligence can make your transition easier and more successful.

Looking for an apartment in Philadelphia? Click here to see our available units!

Top 4 Tips for New Landlords

wpearson@mostcg.com ('MOST Consulting' Will Pearson) — Tue, 03 May 2022 15:54:09 GMT

Having an investment property is a significant accomplishment. While the idea of renting out your apartment as a first-time landlord can be both thrilling and intimidating, you must position yourself appropriately to ensure a positive return on your investment.

Below are some tips for new landlords.

Conduct Research

Assess the property's suitability. If your property is located in a semi-rural area near a good school, you may want to consider marketing it to families. If it is close to a university, it may be preferable for student tenants. Consult websites and local media to determine the market worth of rental rates compared to similar properties. This will give you an idea of how much you should charge per month.

A landlord renting a home with more than four tenants should also contact their local council to determine whether they are required to register for multi-occupancy. This goes along with knowing rental laws, your rights as a landlord, and tenants' rights.

Before initiating your project, you should ensure that you do enough research about the market and determine whether your investment would be worth it or not.

Find The Right Tenant

Tenant screening's primary objective is to assist in locating suitable tenants who will pay rent on time and treat your home as if it were their own. To pick trustworthy tenants, it's critical to sift through the piles of applications you may receive.

You should seek a tenant who can pay their rent in full each month, does not have a criminal record, and has a positive renting history.

The following are some aspects that you should consider in determining the perfect tenants for your apartment(s):

Renters' application to make the process faster
Require a credit and background check
Require renters insurance
Ask questions to see if they have a good rental background, can pay in full each month
Respectable of other tenants

Treat it like a business

While managing your rental property may not be your primary source of income, it is still a business and a source of additional revenue. It's critical to maintain professionalism with your renters, maintain sound financial records, and conduct rigorous tenant screening prior to renter move-in.

To run legitimate business, you must adhere to federal, state, and local laws. It is critical to ensure that you or your firm comply with all applicable regulations in order to retain a positive reputation and prevent potential legal complications. Real estate and rental investments are frequently regulated, so take the time to research and familiarize yourself with all applicable federal and state rules before diving in.

Make sure the unit is up to code

House codes for rental homes are a collection of criteria that imply the property's safety requirements and liveability index. Additionally, the housing codes synthesize local, state, and federal rules.

As per legislation, you are obligated to maintain a minimum quality of habitability at the property, which is defined by the house codes of the rental property. Your renters may sue you if you violate these codes. You should always put the following aspects into consideration:

Keep unit in good condition
Test smoke and carbon monoxide detectors
Check vents
Internal and external pipes for combustion
Maintenance of HVAC system and appliances

Bottom line

Being a landlord is a huge responsibility. If you're looking for assistance in managing your property, consider hiring a property management group like GM Holdings.

Our team of leasing agents and property managers is here to serve you and your property in Philadelphia! From tenant relations to collecting rent and building maintenance, GM holdings will provide you with a complete solution that takes the stress out of property management.

Fire Safety Tips for Your Home

Tue, 05 Apr 2022 14:46:25 GMT

Every year, thousands of people are injured in home fires. In fact, fires kill more people in the United States each year than all other natural disasters combined. Many of these injuries and deaths could be prevented with knowledge of basic fire safety tips.

This post will provide you with some critical fire safety tips to help keep you and your family safe. Following these tips can help reduce the risk of a fire as well as increase your chances of minimal damage should a fire occur.

Ensure You Have High-Quality Smoke Alarms

Investing in high-quality alarms and testing them monthly is one of the best ways to prevent fire disasters. While this seems like an obvious tip, you'd be surprised at how many homeowners don't regularly check their alarms. For extra protection, consider buying a long-life battery-powered smoke alarm—these last up to ten years with no battery change, giving you peace of mind.

Fire alarms should be installed on ALL floors of your home. Ensure that you have an alarm inside each bedroom and outside sleeping areas. If possible, opt for interconnected smoke alarms. This type is beneficial because if one alarm sounds, they all sound.

For more information on properly setting up a smoke alarm, visit the U.S. Fire Administration website for some pointers.

Strategically Place Your Appliances

One of the main ways that home fires start is through small appliances, for example, space heaters. Many people, especially new homeowners, aren't aware of just how hazardous these appliances can be. It's imperative to keep space heaters at least 4 feet away from anything flammable, for example, curtains or bedding. In addition to this, you should ALWAYS turn off heaters when leaving the room or going to bed.

Fires can also start from outside your home through typical backyard appliances, like grills. Keep grills, cookers, and fryers at least 4 feet away from your house and shrubs or bushes.

When cooking indoors, never leave a stove or oven unattended. Keep cooking appliances clear of potentially flammable items such as rags, towels, and packaging materials. It's also crucial to ensure that children or pets stay away from all cooking areas.

Plan an Escape Route

While the thought of evacuating your home due to a fire is frightening, preparing a plan ahead of time could potentially save your life. This is especially true if you have small children in your home who need assistance should a disaster arise.

Sit down with your family and create multiple escape plans. Ensure that you factor in that in the event of a fire, some exits may be blocked. Having multiple plans allows you to work around any potential roadblocks. Your plans should include routes from different house areas, tools for exiting the building (ladders, items to break out windows if necessary), and a designated meeting place.

There are many resources available that can help you craft your plan. The American Red Cross even has a downloadable form where you can draw out your home's floor plan.

Invest in Fire Extinguishers & Fire Ladders

In addition to installing quality smoke alarms, you should also consider investing in fire extinguishers and fire ladders. Ideally, you should have a fire extinguisher on every level of your home, including the basement.

Once you have purchased a fire extinguisher, the next step is knowing how to use it. It's best to stick with one manufacturer for all your extinguishers since different manufacturers might operate differently. Having different instructions for each extinguisher can be confusing should a fire break out and you need to act quickly. If you have to use your fire extinguisher, remember to aim toward the base of the fire, squeeze the lever evenly, and sweep back and forth.

If your home has multiple floors, it's also worthwhile to look into fire ladders . These have the potential to save your life should you have to exit through a window on the second or third floor. Fire ladders are relatively easy to use, but make sure all members of your family can properly use them before storing them in a safe place.

Bottom Line

While you can always replace material items in your home, it's impossible to replace your family, pets, and loved ones! Preparing for a fire early allows you to have peace of mind in knowing that your family has a plan if disaster strikes.

For more information on fire safety, visit the American Red Cross website.

The Cost of Living in Philadelphia

Tue, 05 Apr 2022 14:28:47 GMT

Philadelphia is a contemporary, glowing, multicultural city on the east coast. This city is known to some as the cornerstone of the Northeast coast, so you might expect the cost of living to be high.

While Philadelphia is the nation's sixth largest city in population, it's surprisingly affordable to live here. Of course, living in Philadelphia requires standard expenses such as rent, utilities, and transportation costs, but you should also consider additional fees such as the Philadelphia City Tax.

Follow along for some insight into what you should expect when living in Philadelphia.

Rental Costs

In most cases, 30 percent of the household budget goes to housing, irrespective of where you live. The cost of Philadelphia rentals is about 16.8 percent more expensive than the average across the U.S.

To put it into perspective, Philadelphia is the 46th most expensive city to live in the U.S. Apartments and rentals in Philadelphia are cheaper than places like Baltimore, Portland, Denver, and Stockton.

The Most Affordable Locations

The cheapest Philadelphia rental is a one-bedroom unit, which costs about $1 175 per month. The areas with the lowest rent costs include:

Melrose Park Garden
Pennypack Woods
East Oak Lane
Burholme
East Falls
Manayunk

The Premium Locations

A lone bedroom in these regions can cost over $2,300. The most expensive areas to live in are;

Washington Square West
Logan Square
Old City
Rittenhouse Square

Utility Costs

The average monthly utility cost is about $150.32 for apartments in Philadelphia. The bill includes garbage pickup, heating/cooling, water, and electricity. On top of this, wi-fi or internet costs around $60.99 per month, thus raising the overall price to $211.31 per month.

Renter's Insurance

Many landlords might require renters insurance. Insurance in Philadelphia is around $212 per year or $18 per month. If you plan to live in apartments in Philadelphia, you can save as much as $20 per month by shopping around. USAA can give affordable options of an average rate of $ 10 per month. Other options can cost up to $30 monthly.

Additional Expenses

Food Costs

The prices for food and beverage in Philadelphia are reasonable but slightly higher when compared to other cities. Philadelphia is ranked number 16 among all the cities in the U.S. Its food prices are more affordable than suburban D.C., Wilmington, and Seattle. This applies to standard groceries as well as going out to eat.

Transportation Costs

Commuting in Philadelphia can be expensive if you drive your own personal car. Philadelphia has high traffic congestion rates that tend to result in lots of gas consumption. Additionally, the cost of parking your car is relatively expensive in comparison to other cities.

Fortunately, Philadelphia has a public transport system that uses trains and buses. The price for a single trip is $2.50 for one trip, regardless of distance and time. Many find public transportation to be the most affordable and effective way to get around the city.

Taxes in Philadelphia

The total sales tax rate in Philadelphia is 8 percent. The non-sales-taxed commodities include food, clothes, medicine, and drug store items. Philadelphia charges a sugary drink tax. The proceeds from the sugary drink tax go to recreation and educational programs.

Bottom Line

Irrespective of your budget, an ideal Philadelphia apartment is waiting for you. If you're looking for a Philadelphia rental, check out our available properties!

Each of our properties features a unique design and artistic finish that professionals can appreciate. Available properties for rent include single-family homes, duplexes, lofts, apartment complexes, and mixed-use commercial properties.

How to Increase Your Home's Value

Thu, 31 Mar 2022 20:23:36 GMT

Approximately 65% of homeowners in the US think their properties' value will continue to increase with time. However, factors such as location, market, and economic indicators determine how your property appreciates. Therefore, it's best to look for ways to enhance your home's appeal and value.

Here are a few proven ways of increasing your property's value.

Upgrade Your Home Paint, Appliances, Lights

Surface transformations can create a massive effect on buyers. For instance, a fresh coat of paint can give your property a whole new look. Some experts claim that repainting can boost your home's value by over 5%. In addition, you can change the lights and appliances in your property to increase its value.

These changes are low-budget upgrades that will breathe fresh life into your property.

Add Energy-Efficient Features

Incorporating energy-efficient elements into your home can lower utilities such as electric bills and gas. Approximately 70% of property management experts claim that upgrading energy efficiency in your home is valuable. For example, you can add energy-efficient lighting and appliances. Energy-efficient features boost your home's appeal to buyers by lowering their costs when they become homeowners.

Add Smart Tech

People embrace smart home tech, and approximately 302.97 million households worldwide have intelligent homes. Around 61% of millennials and 59% of young parents prefer moving into smart tech homes. You can equip your property with network-connected devices for optimizing elements like lighting, entertainment, temperature, and security.

Additionally, you can look into smart HVAC systems, appliances, thermostats, etc. Considering the number of individuals who are into s tech, smart homes translate to a higher value and price.

Improve Your Curb Appeal

According to a University of Texas study, curb appeal can improve your property's value by around 7%. Using simple landscaping pieces like new plants or trees can boost your curb appeal and make your home more welcoming.

Additionally, you can invest in more permanent things like outdoor lights or a new mailbox.

Renovate Your Rooms

Most property management experts will advise you that bathrooms and kitchens are the selling points of any home. In fact, remodeling your kitchen and bathroom can offer you more than 100% return on your investment. You can go for a low-budget upgrade by replacing lighting fixtures, renovating the tile floor, replacing old plumbing, restoring sinks, etc.

Having a gut renovation is another option if you have the cash. Gut renovation involves replacing everything, including cabinets, flooring, appliances, countertops, faucets, toilets, tubs, lighting fixtures, etc. You can transform the whole layout of your kitchen and bathrooms.

Increase Square Footage

Your property's size significantly affects the value. A bigger home translates to an increased value. You don't need to add an extension to your home, but you can complete unfinished spaces like the basement or attic.

You can also visually enhance your property's square footage. For example, make all rooms feel larger by letting in more natural light, adding large mirrors, and removing clutter.

Stage Your Home

About 80% of staged homes bring around 5% to 23% more than the list price. And 77% of property management experts believe that home staging helps buyers visualize the home as their own. You can de-personalize the space, declutter, and rearrange the furniture to stage your home.

Bottom Line

The tips mentioned can help you boost your property's value and ensure you're getting the best return on your investment.

GM Holdings consists of experienced professionals in real estate, land development, and property management who are committed to making Philadelphia a more beautiful place to live. If you're looking for an expert to manage your investment properties, contact GM Holdings today.

5 Ways to Prepare your Rental Unit for Showings

Mon, 07 Mar 2022 20:13:51 GMT

In order to attract top-quality tenants, you must take time to prepare each and every unit before a showing. While most people think a simple deep cleaning will do the trick, this is not always the case. Keep reading for some of our top tips on making your rental unit as enticing as possible!

1. Be thorough when creating your listing

Before tenants step foot through the door, their first impression will be through your online listing. Because of this, it's essential that you're writing detailed and captivating descriptions. While you should obviously mention key features of your unit, (for example, square footage, amenities, appliances, etc.), it's also a good idea to give the potential tenant an overview of the neighborhood. Describe the area's walkability, any notable restaurants, cafes, or shops, and access to public transportation.

2. Take great photos

Another crucial aspect of your listing will be high-quality photos. Although hiring a professional photographer can be pricy, it's one of the most effective ways to get potential tenants in the door for a showing. Your photos should include images from inside the unit, images of the exterior of the building, and any common areas or outdoor spaces. Renters are less likely to reach out for a showing if you only have low-resolution shots that don't encompass the whole property.

3. Ensure your unit has curb appeal

In addition to including exterior photos in your listing, you should also make sure that things are cleaned up outside before your potential tenants arrive. For example, make sure that any trash or litter is cleaned up, landscaping is kept tidy, leaves or snow piles are cleared from walkways, etc. If applicable, you might even consider sprucing up the front area with some plants or greenery. You only have one chance to make a great first impression, so it's good practice to go above and beyond!

4. Reduce clutter

This tip applies to vacant units as well as units that are already occupied.

If you're showing a vacant unit, make sure that there's nothing left over from previous tenants or unit renovations. Check for any painter's tape leftover on the walls, tarps, forgotten tools, etc.

If you're showing an occupied unit, give your current tenants a heads up, so they have time to tidy things up. Ensure that there are no dirty dishes in the sink and that things like shoes, coats, hats, and mail are put out of sight.

5. Ensure that everything is working properly beforehand

Before your potential tenants arrive, do a final walkthrough yourself. Check appliances like the dishwasher, garbage disposal, and washer and dryer for any potential issues. Test each and every light switch, fan, and outlet to ensure everything is working correctly. The last thing you want is something going wrong during a showing.

You should also check that plumbing is in order. Some tenants will turn the faucets on and off to check the water flow and pressure, as well as flush the toilets. You should do this too!

Conclusion

Do you struggle with managing your property all on your own? GMHoldings offers full-service property management in Philadelphia, including tenant relations, rent collection, and building maintenance.

Our team of leasing agents and property managers handle everything from developing a pricing strategy for you to screening potential tenants. We use Appfolio to manage all rent collection and maintenance requests, so you won't have to worry about getting calls at all hours of the day.

Apartment Hunting in South Philadelphia

Mon, 07 Mar 2022 20:01:00 GMT

South Philadelphia is one of the city's most diverse and unique areas. Home to Philly's sports complex, the most famous cheesesteak spots, and the renowned Italian Market, South Philly boasts attractions for both tourists and locals alike. Within the 9.7 sq. mile region, you'll find a plethora of eccentric neighborhoods, each with its own culture and character.

While South Philly is an attractive option for those looking to rent in the city, it can be challenging to decide which neighborhood is right for you. Keep reading for some tips on apartment hunting in this highly sought-after area!

What defines South Philadelphia?

Most residents define South Philadelphia as the section of the city bounded by South Street to the north, the Delaware River to the east and south, and the Schuylkill River to the west. This city sub-section grew rapidly in the mid-1800s to accommodate the large influx of immigrants, mainly arriving from Italy and Ireland. To this day, South Philly remains a diverse community, including large Italian, Vietnamese, Irish, and Latino populations.

While this area is largely residential, there certainly isn't a lack of things to do. Many neighborhoods are bustling with local shops, cafes, restaurants, bars, and parks. Residents opt to rent in South Philly rather than neighborhoods like Center City due to lower cost of living, less noise, and a lower population density.

What are the best neighborhoods in South Philly?

Passyunk Square

While you might not be familiar with the name "Passyunk Square," you're likely aware of its two most popular attractions: Pat's King of Steaks and Geno's Steaks. While these might be top destinations for tourists, the local food scene is just as appealing. Passyunk Square is home to a diverse assortment of Italian, Vietnamese, and Mexican restaurants, making it an excellent option for foodies.

Besides the abundance of eateries, locals enjoy Passyunk for its low crime rate and tight-knit community feel. The neighborhood consists mainly of low-rise single-family and small multi-family units, making it an excellent option for small families and young professionals.

Point Breeze

Point Breeze has quickly become one of the hottest areas in South Philly. While the neighborhood isn't as established as others, it does have some of the most affordable rent prices in the city.

Over the past decade, there's been a tremendous amount of new homes built in this area. These newly constructed buildings are a great opportunity for renters to experience contemporary, luxury amenities at the most affordable price.

Plus, if you're someone who has an eye for art, there are some fantastic murals scattered around Point Breeze for you to find!

Bella Vista

The beautiful Bella Vista neighborhood perfectly connects Center City and South Philly. The main attraction is the famous 9th Street Italian Market, the oldest operational open-air market of its kind. Here, you'll find a variety of restaurants and bars, as well as unique local shops and boutiques.

While this neighborhood has slightly higher rent prices than its other South Philly counterparts, it's one of the most bustling neighborhoods in the city, making it an excellent choice for those who love being out-and-about.

Grays Ferry

Located on the southwest edge of the Schuylkill River, Grays Ferry has seen rapid growth over the last 5-10 years. In fact, it's been considered one of the top zip codes in the nation for house flipping.

If you're someone who enjoys running or jogging around the city, this might be a great fit for you as you'll have easy access to the Schuylkill River Walk. This, combined with reasonable rent prices, makes Grays Ferry a top contender for renters and homeowners alike.

How do I know which South Philly Neighborhood is right for me?

There are a few key things you should keep in mind when choosing the right neighborhood for you.

Budget

The most obvious factor to consider is your budget. If you want something more affordable with newer renovation, you might think about looking in more up-and-coming neighborhoods like Grays Ferry and Point Breeze.

If you want something historical and are willing to pay a higher monthly rent, the neighborhoods located around South Street, like Bella Vista, might be your best option.

Transportation

Another critical factor is how you get around. Do you have a car, or do you need access to public transportation? Some neighborhoods are a parking nightmare, so make sure you're keeping this in mind if street parking is something you'll need. The closer to Center City, the harder it is to park.

Noise Level

If you don't want to be bothered by noisy bar patrons late at night, you should consider staying away from high-traffic areas like Passyunk Square. Many buildings are tucked away in more residential areas, which might be a good option for those who dont frequent bars or restaurants often.

Conclusion

Apartment hunting can be a tedious and daunting task. Luckily, we can help you!

Check out a complete list of our available apartments in Philadelphia here!

Top Amenities to Look for When Renting in Philadelphia

Thu, 17 Feb 2022 17:23:02 GMT

If you've ever had to hunt for an apartment or home rental in a major city like Philadelphia, then you know that finding the right place for you can be difficult. With so many units on the market, It's important to weigh all of your options and ensure that the property you choose has everything you desire. While people typically search for rentals by price, location, and square footage, the amenities can be a huge factor in your decision-making.

Since amenities have the ability to make or break a property, they're typically one of the first things that renters inquire about. While preferred amenities can vary depending on where you're located, there are a few features that consistently top the list. Keep reading to learn about some of the top amenities to look for in Philadelphia.

In-Unit Laundry

Arguably one of the most important features that you should look for is a washer and dryer in-unit. Everyone has to do laundry, and lugging your clothes to a local laundromat is not ideal.

If in-unit laundry is not an option, you should at least ensure that there are washers and dryers within the building. Many large complexes have community laundry rooms with coin-operated machines that tenants can use at any time.

Parking Options for You and Your Guests

Another highly sought-after amenity is parking. If you know anything about living in a city, you know that finding street parking can be next to impossible. Having your own designated spot or lot will save you lots of time and stress!

Ideally, renters prefer covered parking such as a garage. This, however, can be hard to come by, especially in Philadelphia. Should you find a rental that you're interested in that offers a parking spot, you should thoroughly consider the value this would add to your home. No more circling around the block for 30-minutes in search of a spot!

Security System

It's no surprise that renters are looking for safety features when searching for a place. Nothing gives you more peace of mind than knowing that your home is secure. Most newer buildings are equipped with features like alarm systems, automatic locking doors, or security cameras.

Another safety feature to look for is secured package delivery. Porch pirates are an unfortunate issue in most major cities. Some buildings include a locked door that can only be opened when a tenant or delivery driver has been given a code. Knowing that your packages can be delivered and stored behind a locked door can save you lots of stress.

Walkability

While this is technically not considered an amenity, it is something you should keep in mind when searching for a rental. One of the greatest things about living in Philadelphia is that many neighbors are incredibly walkable!

It's convenient to have the option to walk a few blocks for things like grocery shopping and coffee runs instead of having to drive and potentially lose your parking spot. There's even a website you can use to find the walkability score of any apartment or home.

Conclusion

While you should always make decisions based on your own personal preference, we recommend you still keep the above things in mind when searching for a rental. This is especially true for inexperienced renters such as recent college graduates. While things like walkability and laundry options might seem small, they'll make a huge difference once you actually move in.

If you're currently looking for a rental, we can help! Our unique properties and consistent communication with tenants and property owners make us a top choice in Philadelphia! We have a 4.3-star rating, and our clients are always satisfied with our services. For more information, click below to contact us today or give us a call at (215) 425-4475!

The Best Property Management Company in Philadelphia

Thu, 03 Feb 2022 19:59:32 GMT

With commercial and residential real estate in Fishtown, Harrowgate, Kensington, Northern Liberties, and Port Richmond, GM Holdings is the premier property management group in Philadelphia. Our staff is committed to providing a beautiful space to live in for their clients, each with its own unique style. Keep reading to learn more about why GM Holdings is a top choice for property management in Philadelphia.

Pay Less for More

When compared to similar properties in other areas of the city, our apartments are available at a fraction of the cost. We offer luxury amenities and carefully designed spaces at the most affordable rates. With us, you’ll enjoy Philly in style, without breaking the bank.

We renovate buildings ourselves, we’re able to accomplish any and every style, no matter how large or small the idea. GM is able to provide amenities that improve our tenants’ quality of living, such as storage accommodations, common area green spaces, and custom cabinetry, tiling, and lighting fixtures.

One of our most notable properties is our industrial and manufacturing in Allegheny West. With 58,000 square feet spanning over three floors, you can enjoy a spacious custom-built office on a popular corner location with brand new windows, electric, and brand-new roofing. This building will even include coffee shops, recording studios, gyms, event spaces, and daycares.

Excellent customer service and Building Maintenance

We have extensive experience in managing property in Philadelphia, and our team of leasing agents and property managers is here to assist you in any property request you have. Property management is easier with our expertise in creating relationships between landlords and tenants, property maintenance, rent collection, and more.

GM Holdings is full-service property management providing tenants with assistance in moving in, managing communication, maintaining the building, and informing you of drastic changes in the property. Our team handles everything; including pricing strategy, marketing, and tenant screening. We will communicate with you regularly until we find a suitable tenant for your commercial or residential unit.

When you partner with us, you no longer have to deal with those annoying phone calls in the middle of the night. We offer a 24-hour service for emergency maintenance through AppFolio . No matter what time of day it is, you can access tenant complaints through the tenant portal.

With AppFolio, you can reach out to our staff immediately through a text message. This means that you can always expect a quick response from your team. Renters can also use this service to securely pay their rent directly from their checking and savings accounts. This advanced online system allows us to get more involved with our tenants and ensure a smooth process for everyone.

Effective Marketing Strategy

Among our services is the ability to connect you with hundreds of local tenants, coverage on our social media accounts, and store-front signage that attracts new customers. Our ultimate goal is to create visibility for your property and ensure you get returns for your investment. Using all relevant channels, all information about your property will be correct and easy to find by potential tenants.

What Customers are saying:

"I worked with their team throughout the entire process. They have been amazing and accommodating. I have never had a transition into a commercial property go so smoothly. I recommend everyone to GM Holdings."

Are you looking for top-quality management for your properties? Click below to contact us today and get started!

3 Great Loft Apartments in Philadelphia

Thu, 03 Feb 2022 19:47:35 GMT

At GM Holdings, we pride ourselves on our newly constructed, affordable luxury apartments. Our property management staff is committed to providing excellent customer service to landlords and tenants. We optimize the rental process using AppFolio, our property management software. When tenants become our residents, they can use our app to communicate and pay securely online for routine maintenance.

We have properties both for commercial and residential clients. Our bestselling residential units are our luxury lofts located in several different Philadelphia neighborhoods. Carefully positioned near an assortment of restaurants, bars, and coffee shops, our lofts are attractive spots for both families and singles.

Keep reading to lear about three of our greatest, most affordable loft apartments in Philadelphia available for rent right now.

J Street Lofts

The J Street Lofts are located at 3450 J Street. The facility has 24-hour access, is secure and gated, has community amenities, a unit washer, and dryer, and is pet friendly.

Looking to start a new life in a new neighborhood? Now is your chance! We currently have a few loft options available for rent. Our studio apartments start at 560 square feet, and four-bedroom apartments are 2929 square feet. There are 39 units in total spanning across two stories. Discover the shops and neighborhood attractions around you with the help of our professional leasing staff!

Transportation & Shopping

0.2 miles from J Street Lofts is the Tioga transit line in Philadelphia. Philadelphia International Airport is 15.8 miles away, approximately 26 minutes away, and Trenton Mercer is 29.5 miles away, about 45 minutes away.

Within a mile of the J Street Lofts, you can find 3 shopping centers and an assortment of restaurants, parks, coffee shops, and other convenient retailers.

1817 E Venango Street Philadelphia, PA 19134

1817 E Venango St Philadelphia, PA 19134 has gorgeous, newly constructed units. A premium stainless-steel kitchen and hardwood floors are featured in the 2-bedroom lofts. The two large bedrooms and a family room are ideal for small to medium-sized families! You and your partner will have ultimate privacy with a private bathroom with a soaking tub and shower. The building itself contains an elevator and secure entry and exit points, making it easy for tenants to reach their apartments and feel safe

Transportation & Schools

There are plenty of bus routes in the vicinity that connect to Center City making this area a more affordable yet convenient option for in-city living. Rutgers University, The State University of New Jersey, and Temple University are both within 13 minutes of the facility. Transportation options include Tioga, located 0.3 miles away from 1817 E Venango St. The venue is close to Philadelphia International Airport, located 15.8 miles or 26 minutes away, and Trenton Mercer, located 29.2 miles or 44 minutes away.

Entertainment & Shopping

Three shopping centers are within a mile of 1817 E Venango St, about a 13-minute walk. Within 7.5 miles of the property are five parks, including Edgar Allan Poe National Historic Site, Tacony Creek Park, and Adventure Aquarium.

1825 E Atlantic St Philadelphia, PA 19134

A Philadelphia County apartment situated in the attendance zone of 19134 resides at 1825 E Atlantic Street, 19134 . Throughout these lofted units, the first floor contains a living area, kitchen, and half bathroom, and the second floor has a main bedroom with a rain shower. The gated community offers 24-hour security, ample storage space, and a gym!

Located in an up-and-coming sector of Kensington, you will pay a fraction for the loft compared to apartments of the same value around the area. All units have their unique style and well-taken care of, and you have 24-hour access to the landlord and maintenance team using the AppFolio platform.

Education, Transportation & Shopping

Those traveling by transit in Philadelphia can take Tioga, located 0.3 miles from 1825 E Atlantic St, or Trenton Mercer, just 29.4 miles to make their way to around the area. Philadelphia International Airport lies 15.9 miles away, and Trenton Mercer Airport is 29.4 miles away.

The area is a great place to rent if you enjoy walking. 1825 E Atlantic Street has three shopping centers within a mile, about a 13-minute walk.

Our unique properties and consistent communication with tenants and property owners make us a top choice for property management in Philadelphia. We have a 4.3-star rating, and our clients are always satisfied with our services.

For more information, click below to contact us today or give us a call at (215) 425-4475!

Best Coffee Shops in Philadelphia

Mon, 24 Jan 2022 21:31:32 GMT

The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.

5 Tips for Buying Your First Home

Mon, 03 Jan 2022 15:27:02 GMT

Renter-Friendly DIY Projects

Wed, 22 Dec 2021 21:30:33 GMT

Things to Look for in a Good Property Manager

Wed, 22 Dec 2021 21:24:36 GMT

Things to do in Philadelphia this Winter

Tue, 30 Nov 2021 13:31:46 GMT

How to Renew a Rental License in Philadelphia

Tue, 30 Nov 2021 13:24:42 GMT

You can go through the renewal process by physically visiting the permit and licensing center, making an online appointment, or simply completing the entire process online.

The Best Dog Parks in Philadelphia

Tue, 30 Nov 2021 13:20:21 GMT

Renting Commercial Property vs. Co-Working Space

Mon, 25 Oct 2021 14:14:26 GMT

The Benefits of Renting a Private Office

Working in an office is no longer an overwhelming concept as before. Nowadays, you can be working in an executive suite, renting a co-working space, or negotiating a sublease. There are plenty of options when it comes to working in an office.

Are you looking for office space for your startup? Unlike more established businesses, most startups often search for small, affordable, and flexible working spaces. In most cases, this means having to choose between renting commercial property and co-working spaces.

Depending on your needs and situation, one of these options may be favorable to you than the other. This article highlights the benefits of renting your own space instead of using a shared co-working space.

Benefits of Renting Your Commercial Property

While co-working may be cheaper and convenient for some individuals, rented commercial space has lots of advantages over co-working spaces. These advantages include:

1. It Allows for a More Personalized Space

Are you looking to establish yourself as an independent, personalized brand? Renting a commercial space allows the opportunity to tailor your office space to match your needs. Ideally, in a private rented office space, you can put up your banners and logos, play music, arrange custom furniture and fittings, as well as do in-property construction.

On the other side, having a co-working space limits any extra activities and projects that allow you to customize your office. You are limited to the office construction, furniture, and fittings in the co-working space.

2. Renting Private Commercial Property Increases Your Privacy

If your business depends on client meetings or confidentiality, a co-working space arrangement could potentially be a real issue for you or your employees. Renting a commercial office space means everyone in the vicinity is working for the same entity. When you rent a commercial office, you will avoid potential privacy issues including:

Information privacy: Suppose you are dealing with sensitive information, such as your clients' data. In that case, you will enjoy the freedom of speaking in your private rented office instead of hurdling in a co-working space corner to whisper such information. It even becomes worse if you are sharing WiFi with strangers in a co-working space. A private rented space reduces such safety risks by far.
Sound privacy: Unfortunately, there is almost nothing you can do to control noise levels or spirited discussions held in co-working spaces. However, with a rented commercial property, you can control noise levels among your employees to a reasonable degree.
Physical privacy: You don't know who may walk into your working space and access your files in a co-working space. On a similar note, you don't know who might decide to walk by your space often enough to be disruptive during your conference calls. You can avoid such problems by renting your company office and increasing privacy for individuals and the company collectively.

These privacy struggles make the idea of having a dedicated rented office more appealing.

3. Renting A Commercial Space Helps Your Business Achieve Stability

Much like for individuals, businesses also want to mature and gain stability gradually. When a startup grows and finds its identity, the flexibility of co-working tends to be a massive advantage.

However, as your business keeps establishing itself, the prospect or idea of having a personal rented office space as your business' home for the next few years or decades becomes more appealing. As you settle your business in your rented office space, you don't need to worry about looking for new locations, moving arrangements, and costs.

4. Branding

By renting your commercial property, you can boldly place your company logo on the sign above the entrance, outside the street, or your window. When a prospective business client, partner, or interviewee walks into the property, they enter a space that reflects your business, community, culture, and values.

Renting your commercial space keeps your workspace and employees safe from negative external influences. Additionally, renting your own space means your business can be recognized and listed on Google Maps, making it easy for clients to locate and visit your office.

5. It Reflects Clearly On Your Business

Owning office space is one of the most potent ways to show the world your commitment to long-term growth and stability for your business. When you rent an entire commercial property for yourself, that means you are telling the world that your company is prospering and growing. This will reflect well on your company image and help you attract clients, partners, and staff members.

6. Increase Productivity

Renting a commercial space enhances productivity since you are in control of how the office is set up. Having your own space helps you avoid distractions and disruptions from outside your office. Employees can make the most out of their workdays without having to worry about neighbors or strangers interrupting them.

Additionally, with a dedicated place to work in, employees get the opportunity to personalize their workspace and be creative, allowing them to work efficiently. The private space also allows your employees to take breaks, get together for meetings and brainstorming sessions, relax, enjoy music while working.

Still Not Sure About Your Choice?

Our real estate and property management experts can help you understand the pros of renting your commercial property overusing co-working spaces. At GM Holdings, we lease quality office space to small and large businesses.

Our properties are designed with modern office needs in mind. We can advise you accordingly and set you up with the best private space that meets your individual and company needs.

The Complete College Apartment Checklist

Mon, 25 Oct 2021 13:53:00 GMT

If this is your first time in a new apartment and staying alone, or with some roommates, you should ensure you have everything beforehand. Here is the complete college apartment checklist.

The Safest Residential Areas in Philadelphia

Mon, 25 Oct 2021 13:43:12 GMT

How to Find an Apartment in Fishtown

Tue, 21 Sep 2021 15:42:09 GMT

Best Resources for Finding Apartments Near You

Tue, 21 Sep 2021 15:35:01 GMT

A new apartment is a fresh start and if you go into the search with the right mindset, the whole process breezes by and before you know it. Click here for great resources to help your search.

Why You Should Live in Philadelphia

Tue, 21 Sep 2021 15:26:57 GMT

How to Choose the Right Philadelphia Neighborhood for You - GM Holdings

Thu, 26 Aug 2021 14:19:28 GMT

Choosing the right Philadelphia neighborhood to live in depends on many factors, from the type of housing you want to your lifestyle preferences and even how much you can afford.

How To Ensure Your Rental Is Fully Insured in PA

Thu, 26 Aug 2021 14:16:31 GMT

Renters' insurance is to protect your belongings from various risks, like damage or loss. Check out these easy steps to ensure you have the right level of protection.

Finding an Office Space for Rent Near You

Thu, 26 Aug 2021 14:14:20 GMT

How Covid Has Changed Virtual Apartment Tours

Thu, 15 Jul 2021 13:45:50 GMT

Like most industries looking to thrive despite the repercussions of the COVID-19 pandemic, real estate has embraced new business processes: the improvement of virtual apartment tours. While this latest invention may have existed in the past few years, it has become inevitable due to stringent measures like social distancing and other restrictions. Now more than ever, realtors and leasing agents scaled higher on their use of technology to get rid of face-to-face dialogue and on-site visits with prospective clients.

Below are ways COVID-19 has transformed real estate transactions and how involved parties can generate a virtual apartment tours experience to keep up with the uncertainties of the pandemic-affected environment.

Speeding Up Technology Advacements

Most modern apartments are innovating state-of-art features, amenities and other privileges that provide ambiance and convenience for occupants. The Corona Virus pandemic has speeded up this development, compelling realtors and leasing agents to adopt the latest technologies and innovative solutions in the shortness time possible. Now potential clients can access relevant information online, including:

How to renew their lease online
Accessing concierge privileges through apps
Improved self-guided apartment tours

Soon, virtual apartment visits and lease agreements will work contactless. All it takes is for both parties to sign into a specific platform and use the voice recognition app to communicate remotely.

Improved Apartment Leasing Process

Gone are the days when you needed to access local apartment listings via the Yellow Pages or contact the realtor to schedule an on-site visit. Today, if you get an apartment you like, expect the process to work differently. Apartment operators are upgrading the websites to take their visitors on tour through pre-recorded videos or going live. It almost feels like you are there only this time; you will be viewing the house from the comfort of your home. The tour also creates a community-like atmosphere, where operators and buyers can interact with each other.

Creating Amenities that Adhere to COVID-19 Measures

If there is any time property owners have learned the art to design and upgrade amenities to meet the social distancing protocol, it is during the pandemic. The former apartment designs only catered for indoor-related solutions, which might not be effective with the growing need to stay at home and away from crowds or social places. Since social interactions are not about to go away anytime soon, it will be best for apartment owners to revisit their designs to suit their potential clients' needs.

For example, now that bars and parks are no-go zones, it would be best to innovate rooftop bars and lounges for party-goers. On the other hand, balconies will be re-designed to accommodate outdoor amenities. In addition, upcoming apartments might don features like large windows to invite natural light to spaces.

Enhanced Communication

Apartment operators and renters should understand how the real estate environment behaves during an economic crisis, weather change, new amenities or market disruption. Initially, a property management company would organize on-site meetings to explain the market trends. Some operators might have found it daunting to juggling between honoring apartment tours and keeping up with the sessions. Fortunately, digital communication has speeded up the latest industry practices. Property managers and apartment associations will now feel how email announcements and online promotions can transform their work relationships.

Enhanced Website Experience

More than ever, it will be easier for tenants to find great resources for apartments. For example, if renting prospect is hunting for an apartment in Philadelphia, all they need to is type "virtual apartment tours near me- Philadelphia," and their search engine will list down all of them. From there, they will visit each website to determine if it is up to date with the latest COVID-19 measures.

Final Thoughts

Apartment operators and owners can never be sure when the pandemic will end. It may get to a point where only operators who know how to maneuver their ways in an economic crisis will land clients. That can only happen operators who are innovative, embrace technology and open to fulfilling the needs of residents. To find out more about house listings in Philadelphia, call us today.

How to Make the Most of Your 1-Bedroom Apartment

Thu, 15 Jul 2021 13:35:52 GMT

If you are just getting started in a big city, it can be a daunting project. You can quickly get overwhelmed by the prospect of where you will be living, and you will soon find out that every inch of space is pretty precious. You are likely to choose a one-bedroom apartment to try and minimize costs and cope with life in the city. If you manage to find an apartment for rent on the cheap, it will be an achievement in itself.

Being in a congested urban setting means that housing can weigh heavily on your bills, and it is during these times that a one-bedroom apartment should come to your rescue. If you are a bachelor or young couple just starting in a big city, these tiny homes will do the trick as you look for ways to gain more stability or start your career.

When you go for a one-bedroom apartment, you get an open living area with a kitchen, dining space, a separate bathroom and a bedroom detached from the living room. It provides the perfect solution for a young family. Likewise, if you want a little bit more privacy with your guests, this is the best choice for you. However, space might be limited in a one-bedroom apartment, and it is up to you to make the most of what is available. The following tips should help you do so.

Seek out Storage

If there is one thing you might find challenging when living in a one-bedroom apartment, it is the lack of adequate storage space. Luckily you can avoid the storage freak out by getting a little bit creative. Try to ensure every single piece of furniture plays a part in solving your storage issue. Whether it is the bedside bureau, side table with shelves, cabinets, or a lidded ottoman, everything should act as a storage solution as much as possible. Likewise, ensure you get a bed with adequate room below to store anything you do not frequently use, such as off-season clothing or sports gear.

Clear Clutter

If you are living in a one-bedroom apartment, the last thing you need is clutter. One of the best space-saving ideas is to declutter as often as possible. The fewer belongings you have, or stuff lying around, the larger your apartment will appear. Before getting to the layout and design of your apartment, ensure you purge out everything you do not need.

Using Multi-Functional Furniture

When living in a small apartment such as a one-bedroom, it is an excellent idea to keep the middle section of the living space as open as possible. At the same time, you do not want to have all your furniture against the wall. If you are going to keep things playful and exciting, why not turn to a functional side table? It serves many functions, and you can use it as an extra seat when you unfold the dining table, act as a side table suitable for flowers, glasses and candles, and you can also use it as a footstool.

Maximize Lighting

Natural light always has a way of making space feel and appear more significant than it is. Maximize on it as much as possible in your one-bedroom apartment. You can opt for bright white décor choices to make your place feel spacious and with as much natural light as possible. If you opt to use partitions to create an illusion of different rooms in your one-bedroom apartment, go for something that lets in maximum light.

Organization is Everything

In a one-bedroom apartment, you will not have a lot of space to play around with. Here, organization will be your best friend. When you do it perfectly, it will save you a lot of trouble when it comes to keeping things clean, neat and chic. Familiarize yourself with being organized to enjoy its limitless powers. Remember, the moment you start stashing everything from books to glassware and linens all over, you are only making things worse.

Making the most out of your one-bedroom apartment is as simple as ensuring you are thoughtful with your layout, design and furniture. Once you do that, what seemed like squeezed space, will be a comfortable living environment you can be proud of. You should enjoy your apartment and be happy with every single moment you spend in it.

Where to Move in Philadelphia After College

Tue, 06 Jul 2021 20:12:40 GMT

Whether you go to Drexel, Temple, or the University of Pennsylvania, a question you are probably asking yourself is whether you want to stay in Philadelphia or not. Well, if this is the case, then you should stay in Philly. The reason why is because of all the beautiful areas you may have missed while living on or near campus. Living in Philadelphia and being a young professional is the perfect opportunity to enjoy the city and everything it has to offer. Below is listed all of the great places you should consider moving to after you graduate college.

Fishtown and Northern Liberties

In 2020 with COVID-19 still upholding our way of life, it is now harder to navigate new areas and decide which area is the best after college. One thing is for sure, though; you can’t go wrong with Fishtown and Northern Liberties. A favorite among graduates and people in their 20’s, you’ll have access to everything, including music, excellent restaurants (Some of which have appeared Diners, Drive-Ins, and Dives), a bar scene with plenty of craft breweries, transportation, and arcades. This area is a must-visit when things are back to normal.

Manayunk

A newly popular spot among recently graduated students and young professionals. This area offers more of a suburban feel rather than the hustle and bustle of the city. About 20 minutes of driving distance from center city, Manayunk provides commuters with a less stressful experience and an easier commute. Manayunk is also known for a young population with a great Main street and booming bar scene. Aside from bars and restaurants, Manayunk is also known for running trails, especially scenic routes that are built right along the Schuylkill River. Manayunk is a great place to consider for graduates who want a popular area on a budget.

Fairmount

A favorite in Philadelphia, Fairmount is known to be more of a quaint and peaceful neighborhood. While living in Fairmount, you’ll have access to a great bar and restaurant scene with plenty of live music, but you’ll also have more options if you are looking for a quieter experience. Fairmount is surrounded by museums, all within walking distance. In particular is the Philadelphia Museum of Art, an absolute gem for those who haven’t been there and only a 5-10 minute walk for those living in Fairmount. But aside from that, you also have the Franklin Institute, the Barnes Foundation, and Rodin all at your disposal. Not to mention that there is also Trader Joe’s and Whole Foods not even a mile away.

Rittenhouse Square

Maybe on the pricier side for those first leaving college, but Rittenhouse Square is worth it if it’s something you can afford. It’s a beautiful area with high-quality restaurants (Parc, The Dandelion, Abe Fisher, Harper’s Garden, and plenty more) all around you. Rittenhouse is home to some of the best shopping centers in the city. Center City is also a short walking distance away for those who are planning on commuting. Don’t forget to check out the farmers market there every Saturday starting at 9. Rittenhouse Square is an excellent area for an aspiring young professional who wants to emerge in an area with everything to offer.

Want to check out more Philadelphia homes? Check out our available listings now.

Why you Should Live in a Loft Apartment

Tue, 06 Jul 2021 20:03:56 GMT

Lofts are a unique type of living space. With their open floor plans and tall windows renovated from former industrial buildings, lofts are a great place to live. Luckily for those searching specifically for a loft-style apartment, Philadelphia has seen a boom in loft conversions in the neighborhoods that were formerly industrial hubs. If you are thinking about renting a loft apartment, here are some convincing reasons to do so.

Open Space

City apartments can sometimes feel cramped with their tight spaces and small rooms. Lofts, on the other hand, offer open floor plans and tall ceilings. Ceilings can range from 10' to 15', which allows you to decorate with tall pieces of artwork and shelves, and bookcases to build your own creative living space. Lofts are a DIY decorator's paradise with endless decorating possibilities.

Industrial Style

Loft apartments focus on basic functionality and simple aesthetics. Exposed brick walls, beams, and unconcealed ductwork are common characteristics of a loft. Decorating lofts are fun because you can accent their dark color hues (black, browns, and grays) with lighter contemporary decorations and colors. The industrial style has a minimalist yet cozy vibe that will make you feel right at home.

Natural Light

Tall industrial windows bring in tons of natural light, giving your living space a warm cozy feeling. The health benefits of natural light include a boost in Vitamin D, improved sleep, and can help with seasonal depression.

Location

The location of loft apartments in urban locations means easy access to public transportation and entertainment spots. Lofts are also found in hip areas (art districts) with lots to do that attract creatives that want unique places to live. Philadelphia's Fishtown is a hip neighborhood known for its music, arts, and delicious restaurants.

Noise Control

You won't have to worry about hearing the footsteps of your upstairs neighbors in your loft. Traditional lofts also have concrete floors, which do well muffling any noise below. The noise inside can be tough to tame, but there are some easy ways to soundproof your loft apartment.

Shelves and Bookcases

Filled shelves and bookcases can insulate the room and block sound from bouncing off the brick walls. Lofts have more vertical space than other living spaces, so shelves are a great way to add more storage space and help with room acoustics.

Curtains and Artwork

Hanging artwork, tapestries, and curtains are a less bulky way to dampen sound without putting bulky furniture against the wall. Any added texture to a wall will help dampen sound.

Lofts are sought-after living spaces by anyone looking for a unique place to live. The industrial style embraces simplicity and basic functionality that is a hot trend in interior design. Philadelphia has lots of new loft apartments as more and more neighborhoods are being revitalized. Contact GM Holdings if you would like to schedule a tour of our beautiful loft apartments in the heart of Philadelphia.

How to Choose the Right Renter’s Insurance for You

Wed, 26 May 2021 17:15:23 GMT

Renters insurance covers the cost of replacing your belongings in the event of an accident, theft, or natural disaster. Renter’s insurance also includes liability coverage, which means you are protected from a lawsuit if someone is hurt or injured on your property.

Many landlords require renters insurance from their tenants, so it’s important to know what it is, what it covers, and which one is right for you.

Each insurance company has different options for renters, so selecting a plan can be overwhelming. We’ll provide you with some tips below so you can find the best coverage for you without any confusion.

Choose the Right Amount

According to State Farm, the average renter has about $35,000 in belongings. However, this amount isn’t accurate for everyone. Policies can range from $100,000 to $500,000, and nobody should be paying for more than they need. Figuring out exactly what you need is the first thing you should do.

The best way to decide how much coverage you need is to take inventory of your belongings. The best way to do this is to write down everything you have in your rental, when you bought it, how much you bought it for, and how much it’s worth now. It’s recommended that you total up everything from your mattress, to electronics, to a pair of earrings.

Once you have a final total of what everything is worth now, you’re ready to look at plans and decide what coverage limit is best for you in your current situation.

Know What Is and Isn’t Covered

Personal property coverage is what people usually think of when they hear about renter’s insurance, but it isn’t that simple. Below is an outline of the different types of coverages in a renters insurance policy, what they usually cover, and where you might run into some trouble.

Personal Property:

What it covers:

The cost to repair or replace your belongings. Usually covers clothing, furniture, and electronics- up to the limits in your policy.

Typically does not cover:

Property loss over your coverage limit.

Liability:

What it covers:

The repairs of any accidental damage to someone else’s property and a guest’s medical bills if injured on your property.

Typically does not cover:

Liability costs over your coverage limit.

Additional Living Expenses:

What it covers:

Costs incurred if the residence you rent is damaged and left uninhabitable.

Typically does not cover:

The cost of fixing any damages made to the structure of your rental property.

Please note that in most renter insurance plans, jewelry has limited coverage, so take extra good care of your gems!

While your renters insurance doesn’t cover damage to the physical building, that isn’t something you have to worry about. Your landlord’s insurance will cover this.

It is important to know and understand your personal property coverage, because it is usually subject to a deductible. What this means is you will have to pay a certain amount of money toward the covered item's repair or replacement before your insurer contributes any money towards the loss. This brings me to my next tip!

Get the Higher Deductible

Let's talk deductibles. A deductible for renters insurance policies range from $200 to $1,000. The way these usually work is the lower your premium, the more your deductible will be for each covered loss. (You can find your deductible and premium listed in your policy and you can adjust based on your budget and needs.)

It’s tempting to choose a lower deductible because you won’t have to pay as much upfront when you file a claim.

This isn’t the best choice, and I’ll explain why.

When you choose a higher deductible, you will have to pay more upfront if you have to file a claim. Yet, when you choose a higher deductible, your monthly premiums will be significantly lower. The money you save on premiums is worth the risk because that money could very well be enough to offset your higher deductible, that is, if you ever have to file a claim. If you never have to file a claim, then you save a bunch of money!

Understand the Different Coverage Types

When buying any kind of insurance you can choose between two different kinds of plans. You can choose an actual cash value or replacement value policy. An actual cash value plan saves you money on premiums, but pays for less. A replacement cost plan pays more in case of damage and theft, but will also cost you more on premiums.

The main difference between the plans is in the details. A replacement cost insurance plan will pay for the full cost of replacing your stolen or damaged items, whereas an actual cash value plan will only pay for the current value of your items-which is typically a depreciated value. With an actual cash value plan, you’ll typically have to make up the difference to replace all of your items, but pay less monthly. If you choose a replacement value plan, you’ll be able to replace your items no problem, but pay more monthly. In the end, the choice comes down to preference.

Dog-Friendly Places to Go in Philadelphia

Tue, 04 May 2021 12:34:26 GMT

The city of brotherly love welcomes everyone, including your furry friends. Philadelphia is bursting at the seams with dog-friendly destinations: Bars, restaurants, parks, pet stores, and even businesses. No matter what area of Philly you live in, there’s a critter-friendly local just around the corner–all you have to do is look! (or read this blog post.)

Below you will find extensive lists of dog-friendly restaurants, hotels, parks, and every other kind of business that allows dogs.

Dog Parks

Schuylkill River Dog Run - 300 S 25th Street

At the tippy-top of this list is the Schuylkill River Dog Run. This dog park is as functional as it is beautiful. This newly renovated doggie park features K9 grass, a doggie water fountain, and a separate area for the smaller dogs. Before you go, be sure to know River Dog Run is the only area in the park where you and your dog can run around off-leash.

Not to worry, it’s big enough for all of the pups-big small, and everything in between.

Stay up to date on Dog Run events and updates by joining their mailing list. Just email fsrporg@gmail.com to join their mailing list!

The Wissahickon Valley Park - Valley Green Rd, Philadelphia

Wissahickon Valley Park, also known as the forbidden drive, gets 4 out of 5 bones! These multi-use park trails are covered with greenery and run 8.5 miles. The park has a combination of gravel, asphalt, and dirt trails–making it the perfect choice to take a walk, ride your bike, or take a stroll through the park with your pup. Located in Montgomery County, Philadelphia, it’s just a short drive away from downtown.

To access the parking maps, park rules, and trail maps, visit https://www.traillink.com/trail/wissahickon-valley-park-trail-system/ .

Palmer Doggie Depot -37 W Palmer Street

Nestled between Fishtown and East Kensington, Palmer Doggie Depot sits on the corner of Palmer and Blair Streets. This park is taken care of by a group of local doggie lovers who want a clean, green community space where dogs (and their owners) can meet and play! If you have any questions or concerns, call (215) 636-3300.

Bars and Beer

The Bottle Shop - 1616 E. Passyunk Avenue

If beer and dogs are two of your favorite things, then this is the place for you. The shop features a large selection of quality craft beers and several tables; The Bottle Shop encourages you to sit and sip a beer with your furry friend. For more information, visit their website or call (215) 551-5551.

Doobies Bar - 2201 Lombard Street

Doobies bar opened in the ’70s to commemorate the founders’ love of the obvious–doobies. This dive bar is a Philly landmark. It’s near filter square and Rittenhouse square, making it a great bar to stop by brew on your afternoon walk. They have games, cheap beer, and a jukebox. If you’re looking for a bar that will not only allow but encourage you to put your dog on the bar, look no further than Doobies. The staff will not only tell you to come on in with your dog, but they’ll tell you to pull up a chair for them.

Memphis Taproom - 2331 E Cumberland Street, Kensington

They’re a taproom that serves southern-style bites and craft beers. See exhibit A: search @dogsofmemphistaproom on Instagram. As soon as their summer beer garden is open, expect to see a constant flow of furry friends populating this account. Their beer garden’s hours are typically 11:30 to 2 a.m. To find out more about this summer’s opening date and the restrictions that will be in place, call (215)-425-4465 or come on down for a beer.

Restaurants and Cafes

Benna’s Cafe 1236 South 8th Street

Benna’s Cafe is in the heart of Passyunk Square, near Dickinson Square park, the Italian market, and many other dog-friendly areas you can pop over to with a cup of joe. Stop by and try their freshly-baked daily pastries or just grab a cup of joe to enjoy with your pup. (Don’t be shy, ask for a pup cup.) This quaint coffee shop has free wifi, 1$ refills, and fierce love of canines. Check out their pastries of the day here.

Red Owl Tavern - 433 Chestnut Street, Old City

It features a weekly “Yappy Hour” where you and your pup can have an experience specially designed for you and your dog. Yappy hour is held every Wednesday, 5 p.m. to 7 p.m., and features a different fresh-made doggy feast each week. One of their most popular dishes is Doggy’s Dream, which comes with eggs, bacon, grains, and short ribs. This weekly event benefits Lulu’s rescue. They sometimes have an in-house groomer, but they always have some 4-legged friends from Lulu’s rescue who are ready to find their 2-legged companion.

Square 1682 - 121 S 17th Street, Rittenhouse

Square 1682’s BYOD (or Bring your own dog) season begins when they open the doors to their patio. Once a month, until September (when they close their patio), they host a fantastic event. You can dine on the patio with your pup, enjoy discounted drinks, and let your pooch order whatever they want from the special doggie menu they prepare. For each doggie menu purchase, the restaurant donates to Operation Ava, which is a no-kill shelter. Water bowls are available for dogs, but if you don’t have one, don’t worry; the SPCA comes with dogs available for adoption.

White Dog Cafe - 3420 Sansom Street, University City

I mean, if they didn’t allow dogs, that would just be cruel. White Dog Cafe uses local ingredients and specializes in sustainable cooking. Dog art lines the walls, and schnauzer statues greet you at the entrance. You and your furry guests can dine outside, and the White Dog Cafe staff will happily provide your canine friends with treats and water bowls.

Shopping

Free People - 1625 Walnut Street

If you happen to want to bring your dog along with you while you window shop, free people say: Do it! Every free people location has a water bowl set out to let dog owners know- “Come on in!” If you see something you want to try on while you’re out walking your pup, don’t hesitate to try it on.

Philly Aids Thrift - 710 South 5th Street

Philly Aids Thrift’s South 5th street location allows customers to browse their one-of-a-kind collections with their furry friends. They welcome pups of all sizes and encourage you to bring them along with you on your thrifting outing-if you haven’t been already. Head down to Philly AIDS and let your pupper sniff out a new water bowl or chew toy.

1-Bedroom vs Studio: Which is right for me?

Mon, 03 May 2021 14:20:52 GMT

If you are searching for a new place to live, and do not want to deal with the hassle of having a roommate, then you're probably in the market for a studio or 1-bedroom apartment. Both of these options are popular for people who are single or planning to live with their significant other, but there are many important factors to consider that make each of these spaces unique.

In this article, we highlight the key differences between studio and 1-bedroom apartments, so that you can find a living space that’s clean, comfortable, and right for you.

Rent Price

Whether you’re renting or buying, price can be a major player in deciding what type of space fits your needs. While the size and square footage of a studio often make it a cheaper option than a 1-bedroom, it is important to remember that certain factors like location and amenities can also influence the price of an apartment.

Another important aspect to consider are the costs of utilities and maintenance in your home. Having less space to heat and cool, and less rooms with light fixtures will make the monthly gas and electric bill significantly more affordable in a studio. You will also spend significantly less on decor living in a studio, since there is only one room to furnish.

If your budget is the biggest influence in finding a home, then chances are a studio apartment will be the best fit for you. If privacy is a non-negotiable however, you may want to consider shelling out a bit more for that extra bedroom!

Lifestyle

Budget can be a big factor in any apartment hunt, but the relationship between your lifestyle and the space you live is just as important when finding the perfect home.

If you’re planning on living with someone else, or a significant other, a one bedroom apartment will provide both of you with more space and privacy when needed, as well as room for storage and entertaining guests. Cohabiting a studio between two people can often be tricky and cramped!

Apartment hunters should also consider what style home will fit best with their daily routine. If you’re someone who enjoys entertaining and having friends over, living in a 1-bedroom gives you the space to host people comfortably. In a studio, your bed may have to double as both a couch and a coffee table! Throwing a party in a studio can be done, but having your personal space mixed with your entertaining space can sometimes make guests uncomfortable.

With online remote work becoming more and more popular, it is also important to think about how your apartment might also function as a home office. Working, eating, and sleeping in the same room can be taxing on your mental health and productivity, so having a 1-bedroom can give you the ample space needed to keep a designated work area separate from the rest of your living space.

Location

The final factor in deciding between a 1-bedroom and studio is the location. While generally square footage will have the biggest impact on the price of an apartment, the reputation of the neighborhood and access to parking or public transportation can also play a big role.

For example, if you live outside of Philly and want to move closer to your office in Center City, you might have an easier time finding a studio apartment that fits your budget. In bustling and trendy neighborhoods studios are often easier to find, and are priced more affordably than 1-bedroom units.

However if you want to move into a 1-bedroom apartment on a budget, focus your apartment hunt on up-and-coming neighborhoods slightly away from the main hub of the city, like Northern Liberties or Fishtown! These neighborhoods offer plenty of restaurants, nightlife, and amenities, at a better price. Even though they are slightly off the beaten path, easy access to public transportation makes the journey to Center City only 10 minutes!

The Verdict

So which is better: studio or 1-bedroom? The reality is, there’s no single answer to this dilemma. A person’s apartment choice is entirely dependent on personal needs, style, and taste. We know it can be tricky to find an apartment that feels like the perfect fit, which is why we’re here to help. Feel free to contact our experienced team of realtors at GM Holdings for help with questions like these, and for assistance finding the perfect apartment for you.

How to get a Rental License in Philadelphia

Wed, 14 Apr 2021 14:48:07 GMT

Hello property owners! If you are thinking of renting out your property, then you're in the right place. Before posting a property or unit online for possible tenants, property owners must complete the rental license application process. Getting a rental license for a particular property differs from the process of getting a license for renting out multiple units. This is why it is best to know exactly what you need to rent out your property.

There are a few things to do before applying for a rental license, as well as a few steps to comply with after receiving your license from the Department of Licenses and Inspections. If you are looking to rent out a property, it's wise to familiarize yourself with the process.

Keep reading to learn the step-by-step process for obtaining a rental license in Philly.

Step 1: Figure out what you need to Begin.

All landlords who rent out a property are considered to be conducting business. For this reason, no matter how many units you are trying to rent, you must get a Business Income and Receipts Tax Number ( BIRT. ) To get this, you will need to supply your social security number and be compliant with all Philly taxes.

What you have to do next depends on the rental situation you are trying to prepare for. If you are letting a family member stay in your home free of rent, all you have to do is file an Affidavit of Non-Rental to be notarized.

If you are trying to rent out 1-3 units in the property you reside, you will need an Activity License Number or Owner-Occupied Housing License. If you are trying to rent out three or more units, you will need a Commercial Activity License. If you need help obtaining any of the above, you can fill out a form with Philly Zoning , and they will help you.

Step 2: Confirm Approval.

The city of Philadelphia will not issue a rental license to any property with outstanding violations or fees. Even if the owner resides in a property unit, it is still required to receive zoning approval for the property before posting or renting out any units. If you have more than three units you are trying to rent out, and your Zoning permit was issued after 1999, you must also get an occupancy certificate.

Certificates of Occupancy are needed for any change of use of the property, additions, or construction. If you need the certification for a change of use, you must first get a zoning permit. One last thing, you must make sure your property complies with the city of Philadelphia's regulations regarding lead safety.

Step 3: Application & Next Steps.

Now, all that is left is to fill out your rental application and get started! You can fill out your application online or in-person at Philadelphia’s License and Inspections office. If you decide to fill out the application in person, then you must bring your other required documents and forms– these will be specific to your property. You can wait in the office while reviewing your application, and they will let you know if you are missing anything.

If you choose to apply online, you will answer from the License and Inspections office in about five business days. You will be emailed to pay your balance if you are approved. If there are any issues with your application, then your email will list what is missing or required for your application to be approved.

If you have questions or concerns, submit an online request to 311, or call 311. Call (215) 686-8686 if you are outside Philadelphia.

What You Need to Rent for The First Time

Tue, 30 Mar 2021 15:46:51 GMT

The Basics for First-Time Renters

Thinking about leaving home and going out on your own for the first time can be intimidating. Whether you are trying to leave your childhood home, the dorms, or a sticky situation, renting an apartment for the first time is a big step. Learning what you will need to rent for the first time can alleviate stress and better prepare you for what to expect from the process.

If you're thinking of renting for the first time and need some help, then you're in the right place. We've created a thorough checklist of what you will need to rent for the first time so that your first rental is as painless as possible.

Budget

The most crucial aspect you have to consider when thinking about renting is your budget. Before you start the apartment search, figure out your budget to know just how much you can spend on rent each month. Try to keep track of how much you spend on things like food, transportation, and essentials each month. This way, you know what you can afford to pay your rent.

Some other expenses that have to be considered in determining your rental budget are monthly internet and utility costs. Some lease contracts include utility costs in the rental price, but it's not common. It's best to incorporate a separate utility bill into your potential budget. If you find most rents to be out of your set budget, getting a roommate or two can help cut rent and utility costs.

Lastly, all renters should be aware of and budget for all upfront costs associated with renting an apartment. These upfront costs are typically first and last month's rent and a security deposit. Depending on where you apply, there might also be an application fee. If you cannot afford that additional cost, there are still many options available to you.

Location

Renting for the first time is exciting, and once you have your rent budget set, you can start figuring out which neighborhoods you can afford to rent in. If location is one of your dream apartment's most critical aspects, considering a roommate will widen your location options. It is important to research other essential things for you, such as the safety and walkability scores of apartments. Research is your best friend when renting for the first time.

Paperwork

If you have never rented an apartment before, it seems daunting, but it doesn't have to be. Figuring out and preparing the documents you will need ahead of time will save you a lot of time and stress in the long run. The paperwork you will have to gather will vary depending on your current situation and where you are trying to rent. No matter where you rent, you will need to provide a copy of your ID, passport, or other residency proof. It's always better to bring the real version along with a copy with you, as some leasing agencies like to verify identification.

The second most important thing to provide a leasing company with is proof of income, such as a few paystubs or a W2. If your income is inconsistent, you may be asked to provide a bank statement to prove you will be able to fulfill the lease's financial responsibilities. Tip: Block out any sensitive information that the leasing company does not need to see.

Lastly, some apartment buildings and leasing companies require running your credit score and a background check to ensure you are a fit for their building. If you have no credit, then some leasing companies will allow you to have a co-signer. Having a co-signer on your lease is an insurance policy for your leasing company and yourself. If you cannot pay the rent yourself, the co-signer will take on your financial responsibility. This way, the leasing company will not have to worry about getting paid, and you won't have to worry about breaking your lease contract. Win, win.

Other Expenses

If you have a furry friend, then it can reduce your apartment search to pet-friendly leasing companies. Some leasing companies are very pet-friendly and will require notice of a pet on the premises. Although, it is more likely that you will have to pay a pet fee. So in searching for pet-friendly places, be sure to clarify if there is a pet-fee so you can plan for that. Another smart idea is to plan to invest in renter's insurance. Some leases require you to invest in renter's insurance, but not all. Either way, it is better to be safe than sorry. Getting renter's insurance is only an extra $20-30$ a month, and it protects you in the case of a theft or break-in. You will be glad you have it.

Conclusion

If you are thinking about renting an apartment for the first time, it's best to start tracking your spending habits. Also, start putting a percentage of your income away aside month, so you have money saved in the bank for those initial move-in costs. Weigh all apartment and location options when searching for your place, and consider all fees. Finally, do not be shy. Ask as many questions as you can; you must be your self-advocate because nobody else will do it for you. The more information you have, the better fit your place will be for you.

Spring COVID Restrictions in Philadelphia

Tue, 30 Mar 2021 15:34:21 GMT

Guide to Philly COVID Restrictions this Spring

A year ago, businesses closed their doors, and panic ensued across the Philadelphia area as the pandemic spread across the globe. This March marks a change in the tide. As the weather warms and vaccine availability increases, Philadelphia residents are eager to get out of their houses. The warm weather is tempting, so it's best to stay up to date on just what you can do and how you can do it safely.

While Philadelphia is currently still in a "Safer at Home" phase, some restrictions have loosened. Since most health care workers have been vaccinated, front-line workers and people with pre-existing conditions are now eligible to get the vaccine. Even if you haven't been vaccinated, you can still go out, but be sure to read up on the restrictions in place around the city before you head out the door.

On March 15th, Governor Tom Wolfe announced exciting news regarding new businesses' restrictions that will begin on April 4th. Each type of business and each business owner will have specific guidelines. It's best to plan so you know what to expect before you head out. Keep reading to learn more about the safety guidelines in place to keep you and those you love healthy and safe.

Traveling

Traveling is a go! You are no longer required to quarantine and test before traveling between states. It is suggested to only go out of state when necessary Hand-washing, mask-wearing, and keeping a distance from others is still recommended for both vaccinated and unvaccinated persons.

Dining and Drinks

Bar service will resume, alcohol service without food purchase will now be allowed, and the curfew for removing alcoholic drinks from tables will finally be lifted. There is also good news for restaurants, as Philly's indoor dining capacity will be raised to 75 percent for self-certified restaurants. To be self-certified, a restaurant must be committed to complying with all public health and safety guidelines, including the cleaning standards and other guidelines the Governor and the Secretary of Health put forth. (Those who chose not to self-certify will be allowed to serve at 50 percent capacity.)

Museums

Most museums in the Philadelphia area are open but with fewer hours and more rules. When visiting any museum in Philly, you must wear a mask and remain 6 ft apart from all other visitors. Not to worry, employees abide by the same rules and only take off their masks during their break time. Please note that all guided tours are limited to 15 total staff and visitors, and each enclosed exhibit room is limited to 20 people at a time. Each museum has changed its hours to what they can accommodate while still being safe, so be sure to check the updated hours of the museum you want to visit before heading out.

Social Gatherings

Before getting together with friends and family outside of your household, be sure to ask what they have been doing during the COVID-19 emergency. It is wise to get tested and make a plan before seeing others outside of your household. If not yet vaccinated, it is best to keep your mask on and keep it at a safe distance. For all indoor gatherings, regardless of venue, the maximum occupancy is 25%. For outdoor groups, the maximum occupancy is 50%.

Personal Services

Starting April 4th, all personal care facilities will be allowed to serve 75% of their maximum occupancy. Face coverings and maintaining a distance from other customers are still required in all personal care facilities. This includes (but is not limited to): salons, barbershops, nail salons, body art parlors, gyms, waxing facilities, massage spas, and facial spas.

The only times face coverings are allowed to be taken off are when a professional needs access to the customer's face– such as a facial or micro-needling procedure. The customer should wait until instructed to remove their face covering and put it back on as soon as the procedure is finished.

Entertainment

Entertainment facilities will also have a higher maximum occupancy limit that will be in effect on April 4th. Casinos, theaters, malls, and other retail facilities will be allowed to serve 75% of their maximum occupancy. Curb-side pickup is still available at many businesses, and masks are still required when indoors.

While these new restrictions are good news, we must also still maintain caution if we want these numbers to stay down. The city still suggests face coverings, washing your hands, and keeping your distance from others to keep everyone as safe and healthy as possible this spring.

Why Using a Tenant Portal Makes Rent Payments Easier

Wed, 10 Mar 2021 15:30:44 GMT

For many tenants, having to pay rent in person feels like a chore. This is where the tenant portal comes to the rescue. Using a tenant portal makes paying your rent as easy as the click of a button. So, choosing a management company with a tenant portal can be one of the best decisions you can make. With a tenant portal, your rent payment will never get lost in the mail and you can stop worrying about those irritating invisible late fees. Using a tenant portal makes paying your rent just as easy as it should be.

No lines, no stress, and no more late fees. The convenience of the tenant portal saves tenants and management companies both time and money alike. Continue reading to uncover the benefits of using a tenant portal to make your rent payments.

Pay Your Rent, Anywhere, Anytime…

Renting with a managing company that uses an online tenant portal can save you time, money, and frustration. A tenant portal is an online managing platform that exists to make every tenant’s life easier. It’s a fast and secure way to make and monitor their rent payments, submit maintenance requests, and receive direct messaging about their rental. Signing up is easy and using it is simple.

Sign up and use your tenant portal from anywhere, at any time. Once you sign up and create your username and password, you can access your tenant portal from a phone, tablet, or computer and safely manage your payments- no matter where you are.

Using the tenant portal, renters can review their statements, and make setting changes, such as email address updates and email receipt preferences. Utilizing a tenant portal is convenient for tenants and management companies alike.

Luxury Apartments in Philadelphia

Improved Customer Service

Tenant portals allow tenants and managing companies to spend more time on what matters most: managing your homes. Tenant portals allow you to personalize your account to best fit your needs. Instead of wasting time tracking own your maintenance guy or crying about your late fee, just sign up with a tenant portal.

For people who are just starting to rent and need a bit of a reminder to get on a payment schedule, there’s a setting for that. If you are someone with a lot on your plate and don’t want to have to think about rent, set up automatic payments through your tenant portal. Tenants can even pay a little each week until the date of their rent. However you want to pay, we have an option for you.

When you use a tenant portal to submit your work orders, everything is so much more simple and way less stressful. Tenants no longer have to wonder if their landlord or management company has lost their maintenance request. All you have to do is sign in, submit the request, send in pictures of the issue that needs attention, and wait for your portal to notify you that it has received your request. You will also be notified when your request is approved and scheduled.

Accessing our tenant portal is as simple as logging into your account on a browser or clicking on our app on your phone. It’s convenient, secure, and efficient. If you have any questions regarding our tenant or owner portal, please contact our office at 2154254475 .

Best Time of Year to look for Apartments in Philadelphia

Wed, 10 Mar 2021 14:58:55 GMT

Trying to find the perfect apartment in Philadelphia is a process. It’s an endeavor that requires preparation and planning for every renter, no matter which neighborhood you want to rent in. When looking for apartments in Philadelphia there are some factors to consider in planning your home search. Such as when the best time of year is to sign a lease. Nobody likes paying more for something they need when they can pay less. Avoid surge pricing and having to plan around busy realtor schedules by getting to know the apartment renting market in Philadelphia.

If you are thinking of moving to Philly, keep reading to learn about the best time to look for apartment rentals in the city.

Prime Times

The Spring and Summer months in Philadelphia are sunny and beautiful, making every space look that much brighter and better. In theory, touring apartments during these months seems ideal. Unfortunately, touring and renting during the warm and sunny months is not in your best interest. Renting trends and data suggest the chilly months to be the ideal time to rent in Philadelphia. According to a study done by Renthop, a housing data site, renting an apartment in the colder months could save you hundreds of dollars a year.

This study recorded the rent price of 1 bedroom and 2-bedroom apartments in Philly throughout different times of the year to determine the best time to rent. In general, rents tend to be lower in the winter months. More specifically, there is a peak season and a trough season, meaning the most and least expensive times to rent.

According to the study, Philly’s peak season begins in March and as the days go on the prices go up. When May hits, prices hit their peak price and remain about 4% higher than average until September or October. The slow season starts in December, which is the cheapest time to rent a 2-bedroom apartment. But if you are just looking for a 1-bedroom, then shooting for signing a February lease will be best.

According to 2019 data, renting a 1-bedroom apartment during the slow season could save you anywhere between $500 and $1,700 per year. The savings for renting a 2-bedroom apartment in the slower season could be anywhere from $600 to $2,100 per year.

Luxury Apartments in Philadelphia

Specifics

Inventory of Philadelphia rentals is at its highest between May and September and so are the prices. To cut renting costs, begin your apartment search in the middle of the month before you want to begin your new lease. This way is ideal, as most leases end towards the end of the month or the very beginning of the month. Searching at this time is optimal because by this time in the month all move-out notices have been given to your management company.

Deciding when to look for apartments in Philly largely depends on your preferences, budget, and living situation. If options are what matters to you the most, then March through September is the best time for your search. If price is your primary concern, then contain your search from October through February.

Either way, getting to know the rental market in your area before an apartment search should be of top priority. Feel free to contact our experienced team if you have any further questions regarding the best times to apartment search in Philadelphia.

Philadelphia: Best Things to do in Spring 2021

Wed, 17 Feb 2021 20:16:05 GMT

As the pandemic continues to drone on, so does our desire to get out of the house. Many events were canceled or postponed this year, leaving us to wonder: when will “real life” get its comeback?

Well, as the weather starts to warm, we won’t have to keep wondering. We’ll be able to hang with friends and family outdoors without freezing our toes off and without sitting in a bubble. Beloved events are coming back as well as many other new experiences to have. Keep reading to learn more about the best things to do in Philadelphia come spring 2021.

Greensgrow Farms

Greensgrow Farms is a non-profit organization dedicated to promoting urban farming and a sustainable Philadelphia. This non-profit runs two garden centers, many educational programs, food access programs, and other projects-all dedicated to promoting more green and sustainable communities.

Their original location is just outside of Fishtown at 2501 E Cumberland St, Philadelphia, PA 19125. Having been closed in 2020, this location is making a strong comeback. This coming May, you will be able to visit their pay-as-you-can farmstand and walk around the farm grounds exploring their farm animals, beehives, and hydroponic produce gardens. Walk free around the grounds or pay 10$/person for a scheduled guided tour. This coming spring their brand new Garden center will be opening to the public. Attend gardening workshops, get great produce, and escape the city for an afternoon to enjoy the green scene at Greensgrow Farms.

Check out their events calendar this coming spring to see what is coming up, or follow them on Facebook to get the latest updates. Click here to learn more about Greensgrow Farms.

PHS Philadelphia Flower Show

One of the most anticipated events of the year will continue to excite the public this coming spring. PHS is to host its 192nd annual Philadelphia Flower show from June 5-13th. This year, for the very first time in the event’s history, it will be hosted outside, in FDR park.

This year’s theme: “Habitat: Nature’s Masterpiece,” will use the park as its scene to display the work of the world’s premier garden and landscape artists. This annual flower show will keep some things conventional, as they will continue to feature their famous demonstrations, entertainment, themed nights, and marketplace. To purchase tickets to Philidelphia’s 2021 annual PHS Flower Show, click here .

Luxury Apartments in Philadelphia

Blue Cross RiverRink Summerfest and The Midway at Penn’s Landing

The set of Blue Cross RiverRink Winterfest will be transforming as soon as the ground thaws. This winter wonderland along the water becomes Spring and Summer friendly when it is transformed into the Blue Cross RiverRink Summerfest.

This warm-weathered edition features a roller rink, a boathouse-styled lodge, a play area for kids, carnival-style fun, food and beverage vendors, and events throughout the season. The Summerfest grounds are located at Penn’s Landing, sitting on the Delaware River.

Admission into the SummerFest is free, and carnival games, rides, and mini-golf are pay-as-you-go. It features a 60-ft Ferris wheel, a carousel, and many other games and rides. Take a stroll along the water and grab a bite, or feed your inner-child and play a round of 9-hole mini-golf. Blue Cross’s RiverRink Summerfest is the perfect place to go by yourself, with a friend, or even with a date. This lively location is perfect for anyone looking for a fun and safe outdoor experience.

By signing up for their newsletter , you will be notified as soon as the summer 2021 start date is decided.

Cherry Street Pier

From November 6, 2020–March 31, 2021, you can go on down to Cherry Street Pier and revel in the creativity that surrounds you-maybe even take some pictures. Brooklyn-born multimedia artist, John Schlesinger, in collaboration with other local artists, explores trauma, loss, memories, and renewal using recycled materials in his new art exhibition entitled: After the Fall.

This art installation features found materials from the Cherry Street Pier and Penn’s Landing in conjunction with neon lights and projections to represent the revitalization of the Waterfront. So, before it closes, go on down to Cherry Street Pier to experience ‘After the fall.’ If you’re already too late, don’t fret, Cherry Street Pier is home to many of Philadelphia’s artists and creatives. You can walk through the gallery to see the latest exhibition or do some shopping at the Cherry Street Pier Artist and Artisans Market. The Marketplace is open select Fridays from 4-9 pm and select Sundays from 12 pm-5 pm. The Cherry Street Pier also has plenty of food and beverage vendors to visit, in case you get hungry looking at all of the art.

Check out Cherry Street Pier’s safety precautions and operating hours by clicking here .

South 9th Street Italian Market Festival

In May 2021, Philadelphia’s favorite block party is back in business! On May 22nd and 23rd, South 9th street will be transformed into the largest food festival in Phili. Admission is free and all food options are pay-as-you-eat. Bring the entire family or just go on down by yourself to enjoy all the festival’s activities and bites. There will be live music, arts and crafts, a Half Ball Tournament, a Grease Pole contest, and so many delicious food options to indulge in.

In addition to Italian delicacies, there will be an array of Asian, Mexican, and South American foods to choose from. Philadelphia vendors and artisans gather to line the street with their booths, selling everything from cannolis to artisan soap. Some restaurants along the festival strip are extending their outdoor dining services to the sidewalk. This is perfect if you want a sit-down meal after walking the block all day. People are welcome to explore inside the stores, under the awnings, and in the street. Click here to view the South 9th Street Italian Market festival event and parking map.

As we inch closer to warmer weather, Philadelphia is preparing COVID safe outdoor events, so we can finally get out of the house. If you are searching for an apartment in Philadelphia, then checkout our listings of luxury apartments and lofts.

How to Find Commercial Space for Rent

Tue, 16 Feb 2021 15:18:01 GMT

Finding commercial space for rent can be overwhelming for business owners, so we made this guide to help you find your next commercial space. It is important to focus on price and functionality during this search but also keep in mind location, visibility, and ability to scale.

Search the Internet

The internet is one of the best tools to find commercial space. A simple Google search will show you lots of properties in your area. This is a great way to see what's available in your area and get a feel for rent prices. Websites like Craigslist , Loopnet , and Crexi are all good resources to check for commercial spaces.

Get to Know the Area

Get to know the area you want to rent. This means driving or walking through the area you want to set up your business and look for available spaces. Look for “for lease” signs and buildings with empty parking lots during work hours.

Another useful tactic is to get to know the business owners in the area. These people will know what is available and give you some guidance for your property search. Business owners will also give you a good idea of how the landlords are in the area, so you know what to expect. Small business owners can be a tight-knit group in some areas, so getting to know them can help your search.

Our Commercial Properties in Philadelphia

Talk to a Commercial Real Estate Agent

Working with a real estate agent can take the stress out of finding commercial space. Real estate brokers are a great resource for when properties are coming to market and advise you through the leasing process. Brokers can also negotiate your lease to help you get the most cost-effective deal.

When meeting with a real estate broker, you do want to make sure they specialize in exactly what you are looking for. Make sure they specialize in the area you are interested in and see what kind of businesses they represent. Every business has different needs so having a broker that has experience in your field will make the process much easier.

Commercial Build-outs

You will rarely find a commercial space with everything set up perfectly for your business. Most spaces will require renovations to retrofit the space to your needs. Some landlords offer a tenant improvement allowance which is a pre-negotiated sum of money given by the landlord to the tenant to cover any construction costs. If a tenant improvement allowance is agreed upon, then the landlord will recommend a contractor to do the work. It is still wise to get more than one bid to ensure you are getting high-quality work done at a fair price.

There are also landlords that turn-key the property meaning the landlord is responsible for overseeing the construction. Depending on the size of the build-out job, a rent abatement can be negotiated which defers rent payments until construction is done.

If you are looking for commercial space in the Greater Philadelphia area, then check out GM Holdings commercial properties for your next rental space. We have an extensive inventory and are always willing to work with tenants to custom fit any commercial space. If you do not see what you are looking for, don’t hesitate to contact us because we are always working on new projects.

How to Choose a Property Management Company

Tue, 16 Feb 2021 15:01:49 GMT

Just like with any investment, rental properties require constant management to ensure your asset is in safe hands. This requires a licensed and experienced property management company . The process of finding a property management company should not be rushed and multiple candidates should be interviewed.

With GMHoldings decades of experience in Philadelphia property management, we gathered our best tips to choose a property management company.

Interview Candidates

Interviewing multiple candidates in person will give you a better understanding of their services. This is the time to ask questions about their experience, services offered, and the fee structure. It is also important to find out how many properties the candidates manage to see if they can handle your properties.

Review Licenses and Certifications

Not all states require real estate licenses, but that should not stop you from reviewing a potential candidate's real estate broker’s license, to make sure it is up to date. Additional certificates are also beneficial for finding a credible property management company. Look for property management companies with these additional certifications:

These certifications prove that the company adheres to the latest property management laws.

Review the Property Management Agreement

The property management agreement lays out the outline of the business relationship between the property owner and the management company. This agreement determines what services you will or will not receive, rights you have, and costs. This is the time to ask questions about anything that isn’t crystal clear, to ensure both you and the property management company are on the same page.

Management Fees

Property management fees should be reviewed and compared to other companies. The lowest fees aren’t always the best deals, so the scope of work and quality of services should also be accounted for. Every property management company is different but these are the common fees that will be included in your contract.

Management fee
Vacancy fee
Set-up fee
Leasing fee
Advertising fee
Reserve fund fee
Maintenance fee
Eviction fee

Management fees will vary depending on if the property is commercial or residential. Remember all fees are negotiable, so you should always review each fee and see if it is worth what the management company wants.

Our Luxury Apartments in Philadelphia

Benefits of Using a Property Management Company

Finding the right property management company can be a long process, but well worth it. Experienced property managers will bring in higher quality tenants because they have a more thorough screening process. The rent collection process is also much more efficient with a good management company. Property managers that keep up with maintenance will preserve the value of your investment and keep tenants happy.

Each state and municipality have different property management laws, so it is beneficial to have a property manager up to date with the latest laws and regulations. This can help avoid any legal issues with tenants and assist with taxes.

Philadelphia Property Management

GMHoldings offers full-service property management in Philadelphia which includes tenant relations, rent collection, and building maintenance. Our team of leasing agents and property managers handle everything from developing a pricing strategy for you to screening potential tenants. We use Appfolio to handle all rent collection and maintenance requests so you won’t have to worry about getting calls at all hours of the day. Contact us today if you are looking for a high-quality property manager for your investment properties.

How to Find Apartments in Philadelphia?

Mon, 04 Jan 2021 19:14:25 GMT

Finding an apartment is always a very stressful situation but we’re going to try and help make it an easier process for you. In this article, we are going to talk about some of the ways you can make your apartment hunting process a little bit easier. These tips and tricks should help narrow your searches down and make your life less stressful in the process. With plenty of units to observe in Philadelphia, it’s necessary to determine where you want to live, but once you do that you also need to determine what type of apartment you want and if you want roommates. There are a lot of questions that need to be asked when going into this process, but we’re going to help make the process a little bit easier. So below, we’ll talk about some ways to find apartments in Philadelphia .

Apartment/Zillow/Trulia

This one should be step number 1 in any of your searches. Not so much to determine the place you actually want to move to, but just to give you an idea of what you are looking for and how much it is going to cost. With that, you’ll also have access to pictures of places listed in certain locations that will give you an idea of what these apartments look like on the outside and on the inside. Price ranges are important too since neighborhoods generally are consistent when it comes to prices. These listing websites are a good tool to get started with but it’s tricky to use if you actually want to find your dream apartment, there are just too many listings in Philadelphia to narrow places out. Once you determine what your requirements are for an apartment, you can use these other steps to help narrow your decisions.

Craigslist

If cost is something that will heavily sway your decision, then you should consider searching for units on craigslist. Craigslist is the perfect place to find apartments that generally aren’t listed on websites such as those mentioned above. Craigslist has plenty listed and generally for a fraction of the price.

Utilize Agents or Property Management Companies

This one seems like a no-brainer but this is more beneficial than you probably realize. Real estate agents are experts at determining what you are looking for and they will be cost-conscious as well. They will understand your budget and narrow their search based on what you tell them. Not only that, but they will also let your tour some of the locations that you are interested in to let you determine which place is right for you. When going of the listing apps, you have to schedule individual appointments to do a house tour whereas real estate agents will allow you to view multiple apartments at once. They will also take note of what you tell them and your reactions to the units and vary their options based on your reactions. They are very skilled and knowledgeable so use them when you can; they’ll make your life a lot easier. You can contact us here for help with your apartment hunting process.

Tour Different Neighborhoods

This one is very obvious, but in order to really determine where you want to live, you should tour the neighborhoods you're considering and look for signs or numbers that tell you whether the units are for rent or not. If you like what you see, you should contact the number listed on the sign and a real estate agent will show you that unit and other similar ones that might interest you.

Roommates

If you are planning on living with roommates and you already know who you are living with, you should enlist them to help you determine options. This will allow them to present you with more information and ultimately narrow your choices when it comes down to it. Roommates can also get you more for a cheaper price so if this is something you are interested in, it would be useful to search together so that an agreement can be made on a place to move to.

Ask Around

This one may be more time-consuming but this is a useful tool if you are looking for more control over how much you spend. Maybe you have a family friend or a relative who is thinking about moving and wants to rent out their current space rather than sell it. This is a great opportunity to use to set your price without having to deal with a real estate agent or have a landlord with who you are not familiar with. The only downside to this measure is that you won’t have access to utilities that are generally offered with property management companies such as maintenance. It has its pros and cons, but overall it is a decent method if you are looking to save some money.

These ways are all useful in determining which apartment is for you. Use them whenever you need to and be prepared to narrow down your choices. There will be a lot to deal with but Philadelphia is a great choice for anyone considering and we hope to see you soon. You can contact an agent here if you have any other questions or just looking to chat about our offerings. You can see our listings here! We hope to hear from you soon!

What's the Best Part of Philadelphia to Live In?

Mon, 04 Jan 2021 19:14:24 GMT

Philadelphia is home to areas that offer plenty to all types of people. We have Rittenhouse square which features some of the finest dining's in Pennsylvania and then we have Fairmount which is known for its quaint and original stores, and of course, we have Old City that gives people a taste of Philadelphia’s history. With all of these areas to choose from, it is hard to determine which location is best, but there is definitely a spot that brings all Philadelphians together, and that is Fishtown/Northern Liberties. With plenty to offer and all types of activities, it’s a no brainer that many of Philadelphia flock to this area. In this blog, I’ll go over some of the reasons why Fishtown and Northern Liberties is the perfect area to move too whether you are living in the city or thinking about moving there.

Music

What is more universal than music. This area of Philadelphia is known for its array of music genres and no matter where you go, you’ll be able to find live music at any time. Whether its in a bar or at the Fillmore, the music in Philly is a must if you’re planning on spending the night out. Check out El bar or The Foundry for some shows that will surely bring you back.

Bars

This one is a no brainer for anyone living in Philadelphia. Fishtown and northern Liberties is known for its diverse bar collection, ranging from top-notch bars to dives. Whatever you’re looking for in these areas, they’ll have it. On top of the quality of these bars, they also mostly have live music so it fits perfectly with the point I made above. El Bar again is a great place to get a drink and watch a show.

Food

Once again, a no brainer for anyone in the city. The food in this area is some of the best in the city with all types of foods being offered. Mexican, American, Greek are all some of the cultures of food Fishtown and Northern Liberties has to offer. Happy Hours and specials are plenty and there seem to be always one being offered at any time of the day. Grab some BBQ food at Fette Sau, or some delicious Asian food at Cheu Fishtown. With everything Fishtown and Northern Liberties offers, it would be insane for you not to move here. You can check out some of our Fishtown/Northern Liberties listings here.

Area

Fishtown and Northern Liberties are considered the Brooklyn of Philadelphia, with hip bars and restaurants everywhere, this location is perfect mostly for younger people looking to meet others their age or just experience the most of what Philadelphia has to offer. With arcades, bars, music, arcade bars; Fishtown and Northern Liberties will allow anyone to go out of their comfort zone. Not to mention it’s endless opportunities if you’re looking to bring a date or have a romantic night with your significant other. Fishtown is also home to Penn Treaty park which offers a beautiful view of New Jersey on the Delaware River. Penn Treaty is perfect for anyone looking for a breath of fresh air or a park to hang out at with others on a nice summer day. Fishtown and Northern Liberties also is home to a few dog parks so your furry companions can be included as well.

Rent

Not so much in Northern Liberties given the popularity of the area, but Fishtown, an area still on the rise, has plenty of units available for affordable prices. With ranges between 1.3k-1.5k for a one-bedroom, it’s considered very affordable in regard to other parts of Philadelphia. Not to mention that the room sizes are generally bigger and are more modernized with meaningless interior issues.

Commutability

This is a big feature for anyone looking to commute into Center City. located in Fishtown is station connected to the Market-Frankford line so commutability is relatively easy. Fishtown also has a trolley line running down Girard which makes it easier to get around if you don’t have a car. Not to mention the bus routes that run through Fishtown and Northern Liberties.

With all of these reasons in mind, it would be absolutely insane for anyone not to consider this area. If you have any more questions about Fishtown/Northern Liberties please contact us here and we would love to chat more! If you’re interested in renting, check out some of our current listings here.

Can You Live in Philadelphia Without a Car?

Wed, 23 Dec 2020 16:36:27 GMT

Can You Live in Philadelphia Without a Car?

One concern people have when deciding to live in Philadelphia is accessibility for commuters. People commuting without cars generally rely on other forms of transportation for getting around Philadelphia. When living outside of the city, it’s harder to find methods of transportation that are as accessible as they are in Philadelphia. That’s the beautiful thing about Philadelphia, no matter where you are, transportation is easily accessible and will be able to get you where you need to go at most hours of the day. This makes it easier for people especially those who don’t have cars. In this blog, we’ll talk about some of the means for transportation for those who don’t have access to a car. Commutability depends heavily on where you are in Philadelphia but most locations have access to train lines, trolleys, bus routes, and underground trolley lines that help connect people to trains.

Regional Rail and Subway Lines

SEPTA is Philadelphia’s main transportation organization and they run just about every route that’s located in Philadelphia, some leading out of Philadelphia towards New Jersey. But located on Broad Street and throughout most of Market Street are the main train lines that allow for residents of Philadelphia to commute with ease. The Broad Street lines start at the very southern tip of Philadelphia near the stadiums and run north towards Fern Rock. There are also other commuter lines that run outside of Philadelphia that allow others to commute from the suburbs. These stations directly lead to City Hall and 33rd street station. With these options available, it’s a no-brainer that a commuter would choose to live in Philadelphia given the bountiful options available for transportation and these are only just the train lines.

Buses

Another method for transportation and preferred by some are the many bus routes SEPTA has to offer. SEPTA provides plenty of options for bus routes for residents thinking about living in Philadelphia without a car. Bus routes do not operate as frequently as the train lines do and they are subject to more traffic but it’s still a nice backup alternative for those looking to live in Philadelphia without a car. Buses, however, can be a hassle to deal with given their very specific routes but for those looking for a quick trip, it’s very convenient. Trains and buses are the best means of transportation for those looking for easy commutability in Philadelphia.

Ride-Sharing Services

This one may be more of an expensive option but it is still a great alternative for those who don’t have access to a car while living in the city. Ride-sharing services provide a great means for getting around the city. Not necessarily for those living outside the since there are more available options such as buses and train lines but for those looking to make a quick trip to a restaurant or a ride home from the bar, it’s a great service. The great thing about using a ride-sharing service is that you aren’t limited to where the SEPTA lines are, you can travel wherever you need to go. It also saves you the hassle of having to look for parking which can be especially tedious on a weekend night.

Trolley Lines

Lastly, we have trolley lines. These lines might not be as convenient and useful as other forms of transportation in the city but they still offer a means of transportation for those looking to connect to other lines or just making a quick trip to their local grocery store. Trolley lines are located all throughout Philadelphia and the prominent ones are located on Girard and Market Street. These are perfect options for those looking to make quick trips without having to travel too far out of their way.

With these ideas in mind, it’s easy to conclude that it is not necessary for one to own a car in order to live in Philadelphia. We are a great commuter city and provide plenty of means for transportation for those just looking to casually get around the city. If you have any other questions about Philly’s transportation or just wanted to chat with us, feel free to contact us here.

Benefits of Buying New Construction in Philadelphia

Tue, 01 Dec 2020 20:28:20 GMT

New Complexes Are On The Rise In Philadelphia

With Philadelphia on the rise, so are new apartment complexes. With new complexes being built every year and row houses being renovated into modern spaces, Philadelphia has plenty of opportunities for anyone interested in attractive affordable housing. While the new looks may not be similar to the original aesthetic of Philadelphia row houses, it still gives the city a modern burst of energy that is attractive to younger generations, particularly recent college graduates. Listed below are some of the benefits of renting/buying new construction in Philadelphia.

Newly Constructed Complexes Focus on Efficiency

Living in a newly constructed apartment may come with nice benefits but one in particular that needs to be noted is the efficiency and reliability of these units. These complexes are built in accordance with city guidelines and are created reflecting modern technology that allows for the building to be constructed with sustainability in mind.

This is not only great for environmental sustainability but it actually causes you to spend less on utility bills per month, particularly energy bills such as AC usage. Rooms are naturally cooled and don’t collect as much heat as row houses do. This is based on the structural integrity of the property and the roofing which is created to deflect UV waves.

Amenities are generally more attractive to attract a younger market

Common amenities such as parking and security guards are an attractive element to those considering renting in the complex but some complexes are upping their game by including in-house gyms and social spaces. These amenities are great for anyone looking to make friends or get to know others within their apartment community by having weekly get-together events that you wouldn’t be able to have at other less modern apartment complexes.

Complexes are more reliable

With newly built complexes, there is less of a worry about problems related to your apartment unit. This could be in the form of leakage or sink damage. Since these complexes are newly built, everything installed is brand new so wear and tear isn’t really a concern generally. When you are renting in a complex that was recently built within the last 3 years, you’ll know that you will not have any room maintenance related issues.

Maintenance is more readily available

Going off my previous point, if you are experiencing difficulties with your apartment relating to unit issues, then you are generally allowed to request a maintenance repair without costing you anything. These services are still available when it comes to property management locations, but when living in a newly built apartment, maintenance is easier to come by and less of a hassle to deal with. The wait times are drastically reduced as house repairs can take anywhere from a few days to weeks whereas maintenance repairs in complexes can be done within a couple of days since maintenance repairs are more requested and generally on location.

Same price as other rental properties

One aspect that may dissuade you from considering apartment complexes is that they may be pricier compared to other properties. However, that is not the case with most properties in Philadelphia. Most are similar in price compared to other properties but come with a more stable unit plus amenities. Certain properties may cost you more but it is something to consider with its convenience of amenities such as a free gym and private outdoor spaces.

With these options in place, it’s a no brainer to consider some of the many complexes Philly has to offer. Check out some affordable and clean places here on our website

How to Stay Active with Stay at Home Restrictions

Tue, 24 Nov 2020 13:19:42 GMT

When we thought we were through with shutdowns this summer, here we are again with new "Stay at Home" restrictions. Philadelphia is currently seeing its highest COVID-19 spike ever in November, with over 10,000 positive cases this past week. It's no surprise that Philadelphia was going to do something to try and slow down the spreading. The new restrictions urge people to stay inside away from others.

Say less for some that are looking to hibernate as the weather starts to dip. And then some people might already be getting cabin fever before the restrictions even begin. Luckily there are tons of ways to stay active at home during this shutdown. Here is your "Stay at Home" guide to staying sane and active.

Home Workouts

Exercising is a great way to keep the mind and body right while in lockdown. With gyms closing backup In Philly and the weather getting colder, people are forced to work out at home. The first lockdown had people getting creative with their at-home workouts. Virtual workout classes in your living became the norm, and it looks like we're heading back to that.

You can get by doing a home workout with minimal space and equipment. Even if you are not doing any virtual workout classes, you can still break a sweat in your living room. Body-weight workouts are great for any skill level.

All of these exercises can be the foundation of a solid home workout regimen:

Pushups
Walking Lunges
Plank
Air squats
Situps

Try doing 3 to 4 rounds of these exercises, doing as many reps as you can. There are tons of fitness resources available online, but these four exercises are a great start and have many different variations to change it up.

Another at-home activity that can easily be done is stretching and yoga. For some, living this new sedentary lifestyle sitting behind a computer all day leaves hips and back tighter than ever. Try these stretches to loosen up your hips, to make sitting down all day a little more comfortable.

Go for a Run

The weather seems to be all over the place in Philadelphia anymore. We go from bitter freezing weather to beautiful sunny days in the winter. On those beautiful days, please take advantage of it and get outside and get some fresh air. We even made a list of our favorite running routes in Philadelphia that you could try. If running is not quite your forte, then just going for a walk in a park could be all you need to get a break from being cooped up all day. Just remember to wear a mask and keep a safe social distance while out in the city.

Declutter Your Apartment

If you did not get around to this during the first lockdown, then decluttering your home or apartment could be a great thing to keep you busy. Since you know you will be inside for a little while, you might as well organize your living space a little.

Closets will most likely be the source of most unnecessary clutter. If you have any old clothes, you can donate them to your nearest clothing drop or Goodwill store. Small acts like this can mean the world for someone struggling this holiday season.

There are probably tons of old food that haven't been touched in months or maybe even years for those with pantries. Cleaning out old food pantries is very satisfying because now, next time you go food shopping, you can stock up on more of the food you love.

If you are getting rid of canned food and other non-perishable foods, there are ample opportunities to donate them to people in need through Philabundance .

Decluttering your home or apartment may not be the most fun way to spend your time in isolation, but after you're done, you will feel much more satisfied looking around at your clutter-free living space.

Unfortunately, we're back in another partial shutdown going into the holiday season. We can be smart and practice social distancing when we leave the house and avoid large groups of people. Hopefully, these tips will help you stay active through the new "Stay at Home" restrictions.

Tips for living with roommates

Thu, 12 Nov 2020 19:07:40 GMT

Living with roommates is either a great experience or a nightmare. Being prepared and communicative with your roommate is a great way to ensure that you’re all on the same page and recognize each other’s needs. Listed below are some of the ways that you can organize with them to create a pleasant living experience for you and your roommates.

Create a schedule that works for everyone

The main thing problem most roommates have is that they find themselves cleaning up after each other’s messes, by having a schedule, you’ll be able to plan around each other and allow your living spaces to be cleaned without having to point the finger. Kitchen spaces are generally the hardest to manage since everyone operates on different schedules but talk with your roommates and create set days when everyone has to do their part and the dishes. That way everyone has a small responsibility and makes them more inclined to clean up after themselves.

Communication is absolutely essential

This is crucial for anyone living with roommates. Communication is the number one important way to keep things peaceful and have the best experience possible. You and your roommates all have needs, some like things cleaner than others and maybe your roommates like going to bed at a certain time. Instead of hoping that they’ll figure these needs out on their own, communicate with them to determine what they are so everyone can respect each other’s needs and preferences. Doing so will save everyone a lot of unnecessary conflicts.

Always respect each other’s personal stuff

This one should seem like a no-brainer but it happens more often than you might think and it’s a sure-fire way to start a conflict with one of your roommates so the best thing to do is avoid touching their food or personal belongings. Always ask permission before using anything that belongs to them

Hang out with your roommate more

You may only think of your roommate as someone who you live with but hang out with them once in a while. It’s better to at least have a better relationship with your roommate which we’ll lead to a better living experience for everyone and allow you to become more comfortable with approaching them on things that might be irritating you or vice-versa. It lays the groundwork for having constructive communication with your roommates.

Lastly, just have fun with the experience

Most of the time, living with a roommate is because you want to save money on rent, but enjoy your experience when you’re living with them. It’s easy for life to get in the way but don’t let that affect your living situation. Your roommates are people who are in a similar situation too and while habits can be annoying if they are the opposite of your standards, learn to forgive and communicate. No ones wants to be a bad roommate so enjoy the experience for what it is and try not to be too hard on yourself and your roommates

Check out some of our listings that would be great for you and your friends.

Best parks to visit in Philadelphia

Thu, 12 Nov 2020 18:37:03 GMT

These Are Some of The Best Parks to Check Out While Visiting or Living in Philadelphia

While most events are temporarily canceled due to the COVID-19 pandemic, a safe way to enjoy Philadelphia is to visit the many parks that it has to offer. No one park in Philly is the same but they all range from urban parks to actual hiking trails. These are some of the parks in Philly that you can visit when you’re looking to get out of the house

Wissahickon Valley Park

This park will take anyone off guard. Located in the northwest corner of Philadelphia, this park will convince anyone that you’re no longer in an urban city. With over 50 trails ranging from moderate to challenging and 10 miles to explore, this park is perfect for anyone who wants to get a nature break from the hustle and bustle of the city. This park is a must for anybody living in Philadelphia

Fairmount Park

Next up, we have Fairmount Park. Located just behind the Art Museum is one of the largest municipal parks in Philadelphia. With little over 2,000 acres to explore, this park is perfect for anyone looking for a spot to relax for the day. Fairmount Park is located right on the Schuylkill River with the park broken up into two sections, East Park and West Park. Fairmount Park has plenty to offer with hiking trails, sightseeing, picnicking spots, and biking trails, it’s hard to run out of things to do in this park.

Schuylkill River Park

This park is not as outdoorsy as the previous parks mentioned but it still has a nice urban feeling. Located right in the middle of Center City, Schuylkill River Park is perfect for anyone looking for a quick relaxation spot without having to travel too far out of their way. Schuykill River Park may look small but it still has plenty to offer such as trails built out onto the water, a dog park so you can bring your little friend, and plenty of grass spots to hang out near the water. Great location for a quick lunch break

Penn Treaty Park

Located just off the Delaware River in the northeastern section of Philadelphia, this park is perfect for anyone looking for a spot to hang out all day long. Penn Treaty doesn’t have much to offer, but the views along the water completely make up for it. Penn Treaty Park is the perfect spot for just hanging out with friends.

FDR Park

Lastly, we have FDR Park, one of the more unknown parks of Philadelphia. FDR is located at the very southern tip of Philadelphia, just a couple blocks away from the Wells Fargo Center and the Lincoln Financial Field. This park has a very traditional feeling to it, meaning that it’s very similar to most urban parks more specifically central park in New York City. It’s a beautiful park that has plenty to offer including fishing, museums, and of course, the FDR Skate park which is a must for any skaters in Philadelphia.

Definitely get out there and explore Philadelphia, this city has plenty to offer and is great for anyone looking to get a breath of fresh air in a constantly hustling city.

Tips for Businesses During COVID-19

Fri, 23 Oct 2020 14:56:10 GMT

With cases surging again due to COVID-19, it is important for businesses to follow protocols and adapt to survive during the pandemic. With colder months soon coming, outdoor seating will be unreliable so businesses will need to change operations to accommodate. Indoor dining is still only able to operate at a certain capacity, but they are still other methods businesses could capitalize on to keep the business running.

Igloo bubbles should be a new priority

A bubble is something that should be heavily capitalized on within the coming months. They are able to be heated, disinfected, and isolated. These bubbles allow restaurants to operate at a higher capacity while maintaining proper protocols at the same time. This will be important during the winter months since outdoor seating will be hard to manage and heaters that are not contained will be costly for restaurants. With bubbles, you will be able to trap heat and conserve costs while allowing customers to have an enjoyable dining experience.

Takeout might need to be prioritized

If restaurants cannot afford bubbles or do not have space for them, they should start prioritizing takeout as much as possible. To do this, businesses should avoid just plaining serving takeout. Instead, they should start bundling menu items and offering specials to drive up demand for a purchase. Who doesn’t love a good bundle?

Bump up your social media presence

This applies directly to the two points above. For others to find out about your specials or accommodations, you will need to become more active on social media to let your customers know what you are offering. This will not only attract new customers, but it will remind previous customers that you are still engaged and offering specials. Having a social media presence for these restaurants is a great way to promote yourself without any costs.

Always have a host by the door

This one might be easier for restaurants who are in populated areas such as Center City or Fishtown. It’s important to have a host present at all times for anyone who is considering buying food. We want to make the experience as convenient as possible for people so they’re not waiting too long for food. It may not be as effective as the other options, but it gives you the opportunity to bring in customers who otherwise would have missed your restaurant on Google or any food delivery apps

Increase delivery potential

Since it is becoming increasingly harder to have a traditional dining experience, most people settle with bringing the experience into their own home. With the advancements of food delivery apps such as Uber eats and Doordash, businesses have been able to cut costs by eliminating the need for an internal delivery driver. With my point above, they will also need to specialize deliveries, so it is more appealing for someone looking for food. That would be either free delivery or a discount off your meal. That prioritizes your restaurant and allows a customer to perceive value when considering buying food.

Philly’s restaurant scene plays such a unique role in the culture of our city. Let us help them make it through these months and continue ordering out. You can never go wrong with that.

Owning a Dog as a First Time Renter

Fri, 23 Oct 2020 14:48:47 GMT

Owning a dog is a huge responsibility on its own but when pairing it with a first-time rental, you need to be diligent towards the many responsibilities that come along with it. As a first-time renter, it is important to recognize the chores that come along with living in an apartment. When you add a dog into the equation, those chores multiply. Listed below are some effective tricks and tips to help make your life easier while owning a dog.

Find the perfect work-life balance

As of right now, during COVID-19, it is much easier to find free time at home and taking care of an animal, but once things are back to normal, it’s crucial to find a work-life balance that allows you to take care of your pet without being taken away from work duties. If you have a job that consumes a large portion of your time, maybe dog ownership is not right for right now.

Consider hiring a dog walker

If you are a busy worker and do not have any roommates or partners, it may be a good idea to hire a dog walker to take care of your pet during the day. A dog walker will allow your pet to get some energy out while avoiding a messy surprise. Dog walkers can be expensive, but the extra cost might be worth it to avoid clean up duties.

Have Cleaning Products Ready

Having a dog at the house will certainly make things hectic so make sure you are as prepared as possible. Being prepared is crucial since dogs in their younger years are most likely going to leave some mess. Anything ranging from cleaning supplies to a type of couch or rug you buy is all considered preparation when bringing a pupper into the house. The type of fabric used along with it is important as well (suede is recommended).

Consider Getting a Smaller Dog

This one seems like a no-brainer, but a high-energy dog requires a lot of time and dedication for training, whereas a smaller, less energetic dog will not be as hyperactive. Small dogs are generally easier to train and do not require too much time for training. Small apartments are perfect for small dogs since they will not take up too much space and will be perfectly comfortable in your little home

Long Walks Every Day

If finances are tight and you don’t have much to afford on a dog walker, it might be more cost-effective to take the dog on two long walks, so their energy levels are lower and are less likely to destroy anything while you’re gone. No matter the type of dog, they are still going to have high energy, so a few walks every day is the perfect way to keep your dog happy and healthy.

Have toys available

If this is a younger pup, having toys around is a great way to keep house items intact. Dogs in their younger years go through a process called teething. Teething is where young pups like to chew on everything with their baby teeth, including couches, rugs, and/or you. A dog’s teething process is tedious but walks and toys are the perfect solutions to stop them from tearing things up.

We are here for you during your stressful dog training years. Here are some of our apartment listings that offer dog-friendly units .

What to Look for When Renting a Home - GM Holdings

Tue, 06 Oct 2020 15:41:57 GMT

Renting a new house, apartment or any other property comes with a number of responsibilities and things to consider. Most landlords will give prospective tenants the opportunity to tour the rental property before signing a lease. This is when it is important to make a checklist of anything that is damaged and needs to be repaired. We’ve put together a checklist for you of everything to look for when renting a home.

Check Plumbing and HVAC Systems

Be sure to check the thermostat on your walkthrough to see if it is working properly. If the house feels unusually warm or cold you might want to ask the landlord about how the HVAC systems are working. Sometimes, the unusual temperature could be because the systems could be off while no tenant is living there, but it's better to be safe than sorry.

Plumbing is also something to check while doing a walk through. This could be as easy as checking each faucet and shower to make sure they are all in working condition. As long as there are no cracks that are springing leaks or a slow leak coming from the faucet, the plumbing should be good to use.

Test Kitchen Appliances

Kitchen appliances would include the oven, stove, dishwasher and microwave if the unit has one. It would be smart to go through and check each appliance to make sure they turn on and run properly. Sometimes landlords will clean up their appliances and make them look all nice but they're really not functioning as they should.

Windows

Windows usually last between 10 to 25 years depending on the material. Wood windows are closer to 10 years while vinyl windows can last around 25 years. If you're touring an older rental property and see wood windows, you should inspect them and see if they are in good condition. Windows are often overlooked in rental properties, but worn out windows will surely increase your energy bill each month.

Check the Lights

While going through each room you should try out all of the light switches. See if the switches and bulbs work in each room. This is something to check with the landlord about to see if they are responsible for replacing bulbs in light fixtures.

Cosmetic Considerations

Depending on your price range, some rental properties will have some small cosmetic damage that may include some nail holes in the wall from old pictures, scuffs on hardwood floors, and a few stains on carpets. The landlord should take care of all of this before new tenants move in, but that is not always the case.

These issues aren’t always the end of the world, but if you're paying a lot of money for the unit you should address it. The landlord could have a cleaning company come out and clean the floors or paint the walls.

Location

Finally, location can make or break that perfect home. Everything else in the home could be in perfect condition but the location might not be ideal for your situation. While doing your research, it’s important to weigh the pros and cons of the home’s location. Is the neighborhood safe? How will the commute be to work? What school will my children attend?

These are all questions to ask yourself when looking for a home. Based on your wants and needs, you may want to be closer to your commute to work or want the convenience of having a grocery store a block away. Being in a good school district would also be important if you have school aged kids. If you are still questioning if a neighborhood is fitting for you, then check out our blog post on how to decide if a neighborhood is right for you.

Moving into a new place is a big decision that calls for lots of research and planning. At GM Holdings, our team of professionals can assist you every step in finding your new home. We have a large selection of luxury residential properties that will surely fit your needs.

5 Things to Remember When Moving | Moving Tips - GM Holdings

Tue, 06 Oct 2020 15:41:26 GMT

Face it, moving is stressful. Anyone that has moved apartments or homes before knows the planning and frustration that goes into the process. There is a lot going on, but if you can plan effectively and remember these 5 things, moving will go much smoother.

Make a List

Some people are list people and some are not, but please for the sake of your sanity make a list of all of the things that you need to remember while moving. Use this list to take inventory of all of your belongings and check off items on the list before they are packed away. Then to save yourself the headache label each box to save time unpacking and to make sure the movers did not forget anything.

Pack a Survival Kit

Just like how when you fly you want to have one change of clothes in your carry on just in case you lose your luggage, you should do the same when moving. Pack a survival kit of your necessary items that you will need right when you move, so you don’t have to be rummaging through every box looking for your toothbrush.

List of Essential Items

Important documents
Change of clothes
Valuables
Toiletries
Medicine
Phone charger

Take Care of Valuables and Fragile Items

If you are hiring a moving company to bring all of your belongings to your new home, you should put aside valuable or fragile items that you can take yourself. If you have lots of fragile items to move you should load up on bubble wrap. It is better to play it safe and wrap up all of your glass or ceramic items in bubble wrap. There’s no need to have fine china banging around in the back of a moving truck if you can avoid it.

Moving house plants can also be a hassle and need gentle care, so it may be best to take care of them yourself. Pet owners also need to take proper precautions moving their furry friends. It is always best to have a dog crate or carrier for dogs and cats to keep them safe during the move.

Do Your Due Diligence Hiring Movers

Make sure to do your research before hiring moving companies. Do this by reading online reviews, and talk to friends about their experiences with different companies. It is important to get an estimate from the company before they come out. I’m sure you have heard some horror stories of people having possessions stolen or damaged without reimbursement.

Take Care of Utilities and Mail

Don’t forget to cancel your utilities and change your mailing address. To change your mailing address, you just need to fill out a change of address form. You can do this in just a few minutes on the post office website. As for utilities, it is recommended you call two weeks prior to your move to make sure everything is shut off at the right time.

Summary

One final note to add is to use this time packing up to go through and get rid of things you do not use or need anymore. We all have those knick knacks and old clothes that sit in our closets that have not been touched in years. Your local Goodwill or Salvation Army will gladly take your old clothes and household items off your hands. This will cut down on the amount of things you will have to move and will give you a fresh start without the clutter you accumulated at your old home.

Moving is a very exciting yet stressful time, but if you can keep yourself organized and prepared, it will go as smoothly as possible. If you are moving into your first apartment see our first apartment checklist post for a complete list of everything you need. Don’t wait until the last minute to pack and remember these five tips and you will be in your new home in no time.

5 Socially Distant Fall Activities in Philadelphia - GM Holdings

Tue, 06 Oct 2020 15:33:57 GMT

With the turning of the leaves and the crisp morning air, there is no doubt that fall is among us. There is no better place to be than in Philadelphia during this time of the year. There are countless things to do this fall before winter hits, so we made a list of our five favorite socially distant fall activities in Philadelphia.

Fall Fest at Morgan's Pier

Morgan’s Pier is holding its sixth annual Fall Fest by transforming its waterfront beer garden into a picturesque fall festival all October. Fall Fest will offer seasonally inspired food and drink, including a hot, spiked, pumpkin latte, and chocolatey s’mores cocktail. Oktoberfest beers and ciders will also be available, including the locally brewed Victory Festbier.

Make sure to make a reservation and swing by early (11 a.m. to 5 p.m) on Saturdays and Sundays for a chance to carve pumpkins and see live music from local entertainers.

Fall Fest will be open seven days a week from noon until 9:30p.m. To keep social distancing measures in place, masks must be worn while not seated and reservations are required and can be made through Resy .

Fairmount Park

Fairmount Park is the perfect place to see beautiful fall foliage. Take a stroll past the Philadelphia Museum of Art to see the natural landscape of Philadelphia. This 2,000-acre park is full of, walking/biking trails through woodlands and along the Schuylkill River. Fairmount Park is an escape from the hustle and bustle of the city allowing visitors to unwind and take in the beautiful scenery.

Fairmount Park is also home to historical colonial era mansions like the Strawberry Mansion and the must see Shofuso Japanese House and Garden. The best part? The park is free to enter and is open from sunrise to sunset. There are also picnic facilities that are available on a first come first serve basis.

Eastern State Penitentiary

Eastern State Penitentiary is a must see for those that love spooky season. Its gothic architecture and extreme prison reform philosophy makes it one of the most famous and haunted prisons to visit in the world. Walk the same halls that infamous bank robber “Slick Willie” Sutton and see gangster Al Capone’s cell.

You can take a tour of the prison during the day from Friday to Sunday or take a night tour on select days for an even creepier experience. Make sure to get your tickets early because this popular fall tour sells out quickly and there will be limited space due to COVID capacity limits.

Unfortunately, Eastern State Penitentiary had to cancel its annual Terror Behind the Walls haunted attraction due to COVID, but the prison tours will leave you with chills this spooky season.

Linvilla Orchards

If you are feeling a trip out of the city for the day, then Linvilla Orchards in Media, Delaware County is the place to go. Linvilla Orchards is a 300-acre family farm with a farmers market and garden center to get all of your fall produce and decorations.

By just driving 30 minutes south of Philadelphia, you’ll get to spend a day picking your own pumpkins and apples and top it all off at Linvillas own Ship Bottom Brewery Beer Garden. The beer garden hours are Fridays from 3 to 9pm, Saturdays from noon to 9pm, and Sundays from noon to 8pm.

Pop-up Art Installation at The Navy Yard

Philly based art collective Group X is behind the new art installation at the Philadelphia Navy Yard. Six art installations scattered around different parts of the Navy Yard encourages visitors to take a walk around and experience this truly unique art.

This art installation, code named M.I.M.O.S.A. (short for Mystery Island and the Marvelous Occurrence of Spontaneous Art), shows off some intriguing art. To get an idea of what to expect from Group X, one of the pieces is a Thunderbird lowrider, but it looks like a piñata. Sounds funky right? Yes it is, and you should go see it before it's gone November 2nd.

Guidelines all visitors have to follow while visiting the installation is to keep a mask on at all time and keep six feet of distance, and do not touch any of the art.

Philadelphia is so full of history, culture and natural beauty to explore this season. Even though 2020 has not been the best year for anyone, there is still tons to safely do in Philadelphia this fall.

Philly's Dining Scene During COVID-19

Thu, 10 Sep 2020 16:38:59 GMT

With Philly starting to slowly creep towards reopening, indoor dining is now open again and operating at a 25% capacity. Indoor dining in Philadelphia was originally scheduled for an early opening in July. but a surge in COVID-19 cases caused the city to postpone those plans.

Now, a few months later, restaurants are now starting to get back into their semi-normal operations, one step at a time. City and state officials also mentioned that good behavior and data could lead to restaurants opening to 50% capacity by September 21. In order for these restaurants to officially increase indoor capacity, they need to complete the state’s online coronavirus safety certification program - which states that they acknowledge the COVID guidelines and rules. With these new reopenings, here are a few examples of the new normal for Philly’s restaurant scene.

A new experience for indoor dining

As seen from southern states during the summer, indoor dining didn’t last very long. It started on the right track but eventually businesses specifically bars were linked to COVID transmission.

This was believed to have happened because bars didn’t follow the right protocol and ignored capacity rules. Small bars are still likely to remain mostly closed while restaurants with bars can only sell alcohol until 10 p.m each night, in an effort to stop people from drinking too much and disregarding social distance guidelines. There is an eagerness for people to get out of the house and have fun again but with our new normal, we still have to abide by the rules so we can keep everyone as safe as possible.

Fishtown is alive again...sort of

With Fishtown being one of the most popular spots in Philadelphia for young people, restaurant owners are thrilled that they now have the opportunity to open in some capacity. Some restaurants in Philly adapted by offering outdoor seating and to-go orders but the restaurants who weren’t able to offer these had to remain closed.

With Fishtown being very limited on space, indoors and out, most restaurants there had to remain closed. With these restaurants finally opening back up, their new look may surprise some. Large plexiglass is now required at all restaurants to separate tables and barstools. There has to be an empty table between each group of people to promote social distancing. It may be awhile before we can hear live music again, but at least we’re making progress.

Changing guidelines

Guidelines are similar to what they were before just with some slight modifications. Restaurants are now going to have to implement more routine COVID checks to keep their businesses open. Workers will be screened the most, to protect the health of themselves and others. Workers will also now have to use biweekly tests and screenings to make sure they are not infected and are safe to show up to work. And at all times, they will have to wear a face shield on top of a mask whenever they are serving a customer or handling food.

The health checks which will be run by the city of Philadelphia are meant to ensure that the restaurants are following guidelines to operate as safely and efficiently as possible.

How COVID-19 is Affecting Philly's Real Estate Market

Fri, 28 Aug 2020 12:57:56 GMT

With COVID-19 still being an unpredictable force almost nine months in, the world is still trying to adjust and adapt to our new way of life. One industry, in particular, that is going through some massive changes to adjust is the real estate industry. Residential and commercial properties in Philadelphia are going through massive changes to revamp their approaches and market to students and businesses who are still staying home during the pandemic. Here are some examples of how the real estate market is being affected

Virtual Is The New Norm

Since Pennsylvania does not consider real estate to be an essential business, realtors are not allowed to have in-person open houses or private showings. With our lives becoming increasingly reliant on virtual platforms, real estate agents have also begun to make the switch by swapping in-person tours for virtual ones. Even though this sounds less appealing than regular tours, realtors have been doing everything they can to make these tours as interesting and interactive as possible.

Some realtors have been using drones during live meetings to show properties off from a distance, and some have even been showcasing open houses on a live Zoom call. In some instances, realtors have also used virtual reality headsets to give tours to people interested in housing. With the coronavirus showing very little signs of slowing down, realtors will continue to adapt virtually to continue their operations efficiently and effectively.

New Title

With Philadelphia’s three major schools (Drexel, Temple, and UPenn), thousands of students generally rely on housing within their school’s areas. Now with universities transitioning to almost fully online, students are considering whether it’s worth it to stay home and save money or sign a new lease to get away from their parents.

Since residential housing such as dorms are limiting capacity on the number of students who are allowed to move in, more students are now on the fence about moving into off-campus housing. This has led realtors to adjust by either dropping prices or including utilities in payments to attract students who are still considering whether they want to move in or not.

A Drop in Prices

While the overall housing market is going to see a drop in buyers and renters, housing located closer to the city and some of the more densely populated areas are definitely going to see a drop in prices. Expect to see an increase in younger people moving to suburbs such as Manayunk and Bryn Mawr which means an increase in real estate for areas outside of the city. But one can expect with the exodus of people, the previously popular and expensive housing around Center City will see a drop in some of their prices. Especially with job opportunities being remote, people are looking for affordability rather than commutability.

Upgrades, Upgrades, Upgrades

In relation to the point above, people have been going a little stir-crazy. After nine months of living in apartments that are either small or with roommates, people are considering upgrading to larger apartments or houses to accommodate for more personal space (and get away from the roommate who never cleans or does the dishes). Overall, the real estate market is expected to see a drop in sales and renters for this year, but once leases start ending, expect to see an increase in people searching for more space and room specifically in areas that might be underutilized such as Manayunk and Conshohocken, leaving more available properties in areas that others might be interested in (Fishtown, Northern Liberties, and Fairmount to name a few.)

Commercial Considerations

Another way COVID has impacted real estate is on the commercial side. With more companies finding it cheaper to stay remote, realtors are brainstorming ways to fill up vacant spaces. Companies are starting to find it cheaper just to stay online so now realtors are challenged with adjusting to the new landscape. Some have been adapting by creating more secluded areas in office spaces to lower the risk of employees contracting COVID while still appealing to businesses looking for space.

However, this presents a unique opportunity for businesses who are looking to move into a new space, as there will be availability and better prices than in a normal market.

For more questions about rentals and purchases during COVID, Please contact GM Holdings at (215)-425-4475.

Simple Home Improvements

Mon, 10 Aug 2020 19:34:49 GMT

Keeping up with your home is not always easy and can often be expensive, but this does not always have to be the case! There are so many DIY home improvement opportunities that are often overlooked. Here are seven affordable ways to bring new life into your home.

Clean Your Carpets

Shampooing and deep cleaning your carpets are some of the easiest improvements you can make to your home. Not only will cleaning your carpets revive the look of the room, but it will also help your carpeting better withstand the test of time.

You don’t even need a carpet shampooer to take care of this project yourself — most home improvement stores allow you to rent this equipment affordably and conveniently. With just a little bit of elbow grease, you can save yourself some money and make your carpets look like new.

Paint Your Walls

Painting is an easy job that you can do on your own, and it is an easy way to change up the look of a room. This is a relatively simple process and can easily be learned by following tutorials on the internet. The process does not require many tools and the ones that are required are inexpensive.

Painting your walls is an easy way to revamp your living space and get out of that rut you are in. Switching up your home with some fresh paint is a good way to make you fall in love with your home all over again.

Closet Cleanout

This project is one of the more simple that will be on this list. Closets are often forgotten about and left to pile up. If your closet is disorganized or overflowing, a quick cleanout can be a small but rewarding win.

Finding a closet that only has junk or things that do not belong there think about redoing the closet and giving it an alternative purpose. Some examples of this is would be converting it to an at-home office, workspace, or anything that you can think of!

The most important part about a closet cleanout is that you need to take out clothes that you do not need anymore. Put these clothes in storage or even better yet donate it to your local shelter or thrift store.

Give Your Door a Makeover

This is an easy way to give the exterior of your home a fresh look. This is very simple to do, the most basic way of giving your door a makeover is to give it a paint job. Updating the color of your door can give the impression that your home got a whole renovation.

This is a quick improvement that is not time-consuming, it should only take you half an afternoon. To perform this improvement takes a very little amount of tools and paint. All you need is a brush and some paint with minimal areas to cover with tape.

Bring the Outdoors In

Adding plants is an easy way to brighten up the mood in your home. Plants are low maintenance improvements that can add a lot to a living space.

Succulents can come in all shapes and sizes. There are so many options that you can get the right plants to match the aesthetics of your home. For instance, if you have a desert color scheme going on, add some small cactuses with a beige color pot.

Ceiling Fan Makeover

Ceiling fans can often be overlooked and forgotten about in your home. This should not happen due to how easy and inexpensive it is to give them a quick update.

Besides from just cleaning your fans you can replace the wings of the fan or even just paint them. This is an easy 15-minute improvement that will subtly update your living spaces.

Fix Your Drywall

Drywall can easily get damaged and can be just as easily repaired but it is often not repaired. Holes and dents in your drywall can make your whole home feel like a frat house.

This is an easy DIY project that you can tackle on any weekend. All you need to get is drywall and spackle assuming you already have a saw of some sort at home. A quick lookup on Youtube will give you an easy step by step guide on how to fix your wholes in your drywall.

5 Ways to Prepare Your Home For Winter

Mon, 10 Aug 2020 19:30:11 GMT

Dealing with unexpected repairs and damages in your home is one of the most stressful aspects of being a homeowner or renter. Completing a routine check on your home seasonally and keeping up with regular maintenance will help keep your home running smoothly.

These seasonal checks can also help you assess the wear and tear of your home and its appliances so you can plan for repairs instead of being surprised by any unexpected costs. Here are five ways to check up on the maintenance of your home and prepare it for the winter months.

1. Check Your Heater

Having a reliable source of heat in your home is absolutely essential in the chilly winter months. You will not want to be stuck without heat while waiting for a repairman come January, so it is important that you check up on your heater before the weather starts cooling down. Save yourself the headache by checking for leaks and other issues during the early fall season.

If you do find anything out of the ordinary with your unit, you’ll be able to nip it in the bud early on and rest assured that your heater is up and running come winter. Heaters typically last between 10 and 20 years, and the best way to keep your appliances working for the long run is keeping up with routine maintenance.

2. Examine the House for Infestations

Rodents and other critters get cold during the winter season too and will want to find somewhere warm to wait it out. Regularly doing a simple sweep of your house in areas you do not frequent often (attics, crawl spaces, unfinished basements) will help you spot any signs of an infestation early. Leaving an infestation untreated for too long will not only make the infestation worse, but it can also create new problems and damages.

You can prevent rodents from coming into your home by using mesh screens to block your vents — this creates an extra layer of protection between your home and the outdoors! Another way to inhibit these critters is to check for holes and other possible entry points in and around the outside of your home and fill them. Mice and rats are able to collapse their bodies to fit into extremely small holes and openings, so be diligent and fill any holes that rodents could potentially fit through.

Rodent infestations are not only unhygienic and unsafe but can run up a hefty tab of repairs if ignored. Taking care of an infestation early is the best way to minimize the damages and prevent future pest control problems.

3. Protect Outdoor Furniture

Outdoor furniture is a great addition to your home during the warm season, but the harsh conditions of the colder months can cause it damage! Storing your outdoor furniture in the garage or in a spare room when not in use will help elongate its life.

If your home lacks adequate storage space, you can protect your furniture by investing in waterproof coverings that protect it from the ice and snow. An added bonus to this method is that these coverings can also be used to protect your furniture during summer rainstorms, without the hassle of moving it inside. This investment will keep your furniture looking great year after year.

4. Check Fire and Carbon Monoxide Detectors

As a homeowner, your most important responsibility is maintaining the safety of your home for you and your family. The first step to preventing in-home disasters is to make sure that you have working smoke alarms and carbon monoxide detectors throughout your home.

While checking and testing your fire and carbon monoxide detectors should be done on a regular basis year-round, it is especially important going into the winter seasons. According to the National Fire Protection Association (NFPA) , home fires occur more often in the winter than any other season. Heating, holiday decorations, candles, and winter storms can all contribute to this problem.

Checking your detectors is easy and simple. Every alarm is different but a quick search of your smoke detector’s model number will usually lead to a tutorial on how to check it. Smoke and carbon monoxide detectors are easily and inexpensively replaced if not working properly. Replacing a faulty smoke or carbon monoxide detector ASAP is essential for maintaining the safety of your home. It is also a good idea to keep extra batteries on hand for these alarms whenever they need to be changed. Checking your smoke and carbon monoxide detectors regularly will help you rest assured that you and your family are protected if an emergency occurs.

5. Check for Drafts

Cracks and openings around your windows and doors are a lot more than just a cosmetic issue — they create cool drafts that let the heat from your home out. Depending on their size and location, these cracks can be a huge energy waster.

The easiest way to fix and prevent these drafts is to replace old weatherstrips around doors and windows. Weatherstrips wear down over time and create small cracks in window and door frames. Routinely checking the weatherstrips around windows and doors in your home will help you spot potential energy-sucking drafts before the cold winter months.

Volunteer Opportunities in Philadelphia

Mon, 10 Aug 2020 19:23:46 GMT

Even if you do not have any extra income to donate, there are still countless ways that you can give back to your local community. Volunteering your time is a great way to provide non-monetary support to the causes that you are passionate about.

Volunteering locally can be especially rewarding as it allows you to become more connected with your community. Here are six local nonprofit organizations in Philadelphia that offer volunteer opportunities.

Street Tails Animal Rescue

If you are an animal lover who wants to help local rescues find their forever homes, look no further than Street Tails Animal Rescue, located in the Northern Liberties. STAR is a nonprofit organization dedicated to helping unwanted and homeless dogs and cats in the Philadelphia area. They specialize in unwanted special needs animals who often require extra support.

Street Tails was started in 2001 by local business owner Lindsay Condefer, who originally operated STAR out of her pet store The Chic Petique. In 2010 STAR began operating out of its own storefront and has grown exponentially since then, helping more and more animals along the way.

STAR is not an animal shelter — they rely 100 percent on donations from the public to continue their operations. If you want to support this cause but cannot make a donation, consider volunteering your time! To volunteer at STAR, you must be at least 16 years old and commit to volunteering for two hours each month.

For more information about volunteering with STAR, please visit https://www.streettails.org/volunteer

Rock to the Future

Rock to the Future provides free student-driven music programs to Philadelphia’s youth. There is no cost for children to join, and most of their events put on for the public are free. Rock to the Future is a great volunteer opportunity for any musician or music lover!

Currently, all Rock to the Future’s programs are online due to the COVID-19 pandemic but they are still looking for volunteers! What could you expect to do as a volunteer right now? As a volunteer, you will help tutor, teach, and instruct students either in music or as a mentor.

Rock to the Future is located in Kensington with aspirations to open a second location in German Town. For more information about volunteering for this cause, please visit https://rocktothefuture.org/get-involved/volunteer/

Untapped PHL

Untapped PHL is a volunteer program whose mission is to expand the opportunities for volunteerism in the Philadelphia area. They focus on three primary causes: Education, Health and Human Services, and Sustainability.

Untapped PHL meets on the second Saturday of every month. Volunteers can expect to do everything from cleaning up litter throughout the city, planting a community garden, or volunteering at a food kitchen.

Untapped PHL is about more than just helping — they help Philly live up to its nickname by facilitating brotherly love among the community. After every volunteer opportunity, enjoy an #Afterjawn with other volunteers at a nearby bar to celebrate your hard work.

To get involved with Untapped PHL, visit https://vu-phl.org/volunteer

Project Sunshine

Project Sunshine is a nonprofit dedicated to spreading joy to sick children receiving long term care in local hospitals. Project Sunshine is a national organization that pairs with medical centers across the U.S. Local participating hospitals in Philadelphia include Children’s Hospital of Philadelphia, Thomas Jefferson University Hospital, Shriner’s Hospital for Children, St. Christopher’s Hospital for Children, and Pediatric Specialty Care Philadelphia.

Project Sunshine is unique because of the variety of volunteering opportunities they offer. For example, if you plan on volunteering you have the option to sign up as a college, community, kids and family, and corporate volunteer.

If you would like to volunteer you can go to their website and read the options provided and see which best fits you.

For more information on how to get involved with Project Sunshine, visit https://projectsunshine.org/volunteers/

Philadelphia Orchard Project

The Philadelphia Orchard Project (POP) is a nonprofit organization that plants and supports community orchards in Philadelphia. POP’s mission is to make fresh grown produce accessible to all residents of Philadelphia no matter their wealth or resources. Since 2007, POP has planted over 50 and supported over 65 orchards.

Attending POP’s events to build gardens and green spaces is a great way to give your time to this deserving organization. POP is also seeking people to be apart of non-planting activities on the planning, education, and fundraising committees.

For more information, visit https://www.phillyorchards.org/volunteer/

ARTZ Philadelphia

ARTZ Philadelphia aims to provide people with dementia a safe place for self-expression that can rebuild their self-esteem and dignity. As a volunteer, you will help people who suffer from dementia connect with art, their caretakers, and their community. ARTZ Philadelphia believes that people suffering from dementia should be offered the same well-being and quality of life that others enjoy.

ARTZ strongly relies on volunteers to help support their program and the patients they work with. They are always looking for volunteers of all ages and walks of life to participate in events to connect with dementia patients and enhance their quality of life.

For more information about how to partner with ARTZ, visit https://www.artzphilly.org/volunteer

Best Running Routes in Philadelphia

Mon, 06 Jul 2020 18:49:32 GMT

Running can be fun way to get around the city and is an excellent way to stay active, but it can start to get boring if you are running the same route everyday. To keep yourself stimulated while running in the City of Brotherly Love, you should switch up your running patterns. In this blog, we’ll give you the best running spots in Philadelphia.

Benjamin Franklin Bridge Pedestrian Walkway

This 3-mile routes is a good change up from your usual run. On this route, you'll cross the Delaware River and into New Jersey on the Benjamin Franklin Bridge with a great view of Center City. For a post-run break, you can cool down at the Race Street Pier, which is surrounded by a variety of restaurants and places to fuel up.

Delaware River Walking Trails

These walking paths are scattered throughout Philly's waterfront, near the neighborhoods of Northern Liberties, Old City, Fishtown, and the surrounding areas. Not only is this route filled with beautiful views of the water but, you'll also be close to a few great neighborhoods if you're looking to grab a coffee or snack after your run.

Spruce Street

Spruce Street is one of the nicer streets in Philadelphia and it goes from the Delaware River all the way to the Schuylkill River. The distance to run from one river the other is a distance of 2.1 miles making it a 4.2 mile run there and back. This route is completed by Spruce Street Harbor Park, an amazing place to relax on a nice day right on the Delaware River. This park is the perfect place to rest or stretch after your run.

Schuylkill River Trail: Banks and Boardwalk

This trail is one of the best that Philadelphia has to offer, as it's not only good for a jog but also for cyclists and people who just want to go on a stroll. This trail is for anyone, beginners experts, and your daily runner. To run this trail it is 1.6 miles each way running it both ways will have you complete just a little over a 5k run. The best part of the run is the view of the Philadelphia Skyline which will distract you from your sore shins and heavy breathing.

Penn Park

This running trail is perfect for anyone that just wants to get a quick run in, or for someone that is just getting into running. This run is 1.1 miles and is a loop which makes this a perfect mile run. This run has copious amounts of grass spots that are good for picnics or a place to stretch out and rest. While you are running you are surrounded by the University of Pennsylvania's athletic fields.

Schuylkill River: Kelly Drive Loop

This trail is one of the more popular trails for Philadelphians. This is not only popular for runners but also for cyclists. This trail is a 9.3-mile loop that has a little bit of everything. This loop starts behind the Art Museum then goes to Boat House Row and continues on both sides of the Schuylkill River. One of the unique features about this run is that during summer from 6 a.m. to 5 p.m. Martin Luther King Jr. Drive is closed to vehicles that gives runners and cyclists alike the ability to use the road freely.

Fairmount Park

Fairmount Park is one of the more scenic parks that Philadelphia has to offer. Within the park, there is the Centennial 5k trail, which means that this run is 3.1 miles run. This run starts behind the Please Touch Museum and takes you on a paved trail.

Bartram's Mile

Bartman’s Mile is another good short run. This trail is very similar to the Penn Park trail because of its short length. Likewise again with the Penn Park trail, this trail is perfect for a runner that just needs to run a quick mile or someone that is just starting off. One of the benefits of this run is that you are on the water for most of it.

Should I Tour an Apartment Before Signing a Lease?

Mon, 06 Jul 2020 15:34:19 GMT

Browsing apartments online is a helpful and convenient way to begin your apartment search, but you should always tour an apartment in-person before signing a lease.

There are a few reasons why signing a lease sight unseen is inadvisable.

Touring an apartment in advance can prevent a lot of future headache because it can help you assess any prior damages that need to be addressed. Unknown damages can cause a lot of problems down the line, and certain damages are easily overlooked if you sign a lease without touring the property.

Even if the apartment is damage-free, an apartment tour can give you a better idea of the size and flow of the apartment. Two apartments with the same square footage may feel bigger or smaller depending on how the apartments are layed out. In the same stride, it is hard to visualize how your furniture will fit into a space without actually measuring the prospective apartment.

Touring an apartment before signing can also clue you in to other not-so-appealing areas of the place, such as a lack of natural lighting or noisy neighbors. Photos only tell half the story, but an apartment tour can fill in the details.

Although it is never advised to sign a lease before touring an apartment, there are some scenarios where this is unavoidable. For example, if you are moving out of the country and cannot In this instance there are some things you can do to avoid running into problems with your living situation.

If you find an apartment that looks like it could be the right fit for you but are unable to tour the apartment, call the property manager of the prospective place. Ask the property manager any questions that you would typically ask when touring an apartment.

What is the pet policy?
Has this property had a history of infestation?
Is this apartment furnished? What furniture is included?
What appliances are included with the property?

Another important thing to do when signing sight unseen is to request more pictures of the property than what was posted on the listing site. Ask for multiple photos of each room in the apartment, and if possible, ask the property manager to film a video walk-through of the apartment.

If the information is not already posted online, ask for the exact measurements and the layout of the apartment. That way, you can begin to better visualize yourself and your furniture within the space.

What to Look For During an Apartment Showing

Mon, 06 Jul 2020 15:25:23 GMT

Before signing a lease or putting down a deposit on a new apartment, it is important that you get a thorough tour of the property. When going in for an apartment showing, there are several steps that you should complete before moving forward with an apartment.

Especially when you are navigating the apartment hunting process for the first time, it is easy to become overwhelmed. This could potentially cause you to overlook details that could be major inconveniences in the future.

Consider the following when touring an apartment (you can take this along as checklist):

Safety

Safety is a crucial factor in apartment hunting that should not go unnoticed. In addition to researching the safety of the apartment’s surrounding location, you should be thorough in checking safety features within the apartment.

Ask if there is a security system in place.
Test the locks on each of the doors in the unit.
Open and close all windows in the unit and test the window locks.
Locate carbon monoxide detectors within the unit.
Locate fire safety features including smoke detectors, fire extinguishers, and/or sprinklers.

Functionality

Evaluating the functionality within an apartment is the most important goal to accomplish when touring an apartment. Not only should you make sure that the apartment is equipped with the essentials, but also that the amenities are in good working condition. Prospective renters should leave no stone unturned when determining whether or not an apartment is safe and well-maintained.

Check for all of the essential kitchen appliances: refrigerator, stove/oven, etc. Test that they are all working properly.
Test all of the sinks and faucets on the property. Make sure that they all have satisfactory water pressure and temperature.
Check that all of the toilets in the apartment flush properly.
Test all of the lights and light switches for functionality.
Search throughout the apartment for evidence of current or recent pest control problems. Ask neighbors if they have experienced issues with pests.
Check windows and doors for openings and drafts.
Locate all of the electrical outlets throughout the apartment. Are these outlets located conveniently throughout the apartment?
Check that you receive adequate cell phone service throughout the apartment.
Locate the circuit breaker for the unit.

Although important, functionality concerns are not always deal-breakers. If you notice fixable issues with appliances or light fixtures, be sure to document them with photographs to ask about later.

Amenities

When touring an apartment, evaluating functionality and determining amenities go hand-in-hand. Try to get answers to the questions you have as you tour the apartment and write down notes to help you later on in the process.

Determine laundry procedure. If there is not a washer and dryer in-unit, ask if there is a shared laundry space for tenants and if this comes at an extra cost per use. Ask to see the shared laundry area if there is one. Is there an adequate amount of washers and dryers for the number of residents? Do the appliances appear to be well-maintained and working properly?
Ask about the pet policy. If you currently have a pet or may want one in the future, this is a crucial factor in your apartment search. This is also important if you have pet allergies that may be affected if roommates or neighbors have a furry friend.
Determine whether or not there is a dishwasher and/or garbage disposal.
Ask if there is a parking lot or designated parking area for residents. If there is not, evaluate street parking in the surrounding area.
If your prospective apartment is in a building or complex, tour common areas as well as your specific unit.

Everyone has different needs when it comes to an apartment — factors that are deal breakers for one renter may be unimportant to another renter. Determine your wants and needs in an apartment and amend this list as necessary.

Remember that you are touring an apartment so that you can determine whether or not the property is a good fit for you. Do not rush through an apartment tour because you may run into some major problems down the road! Take your time touring an apartment and ask questions freely.

Questions to Ask Before Renting an Apartment

Wed, 17 Jun 2020 14:07:22 GMT

After you've done so much researching online for your perfect home and narrowed it down – now is the perfect time to get your answers to essential questions before you sign the lease. You will want to know the right questions to ask when renting an apartment before signing your name away.

How Do I Pay Rent?

Most apartment property management will have an online payment option – but not all do. If they do, make sure to ask if there are any additional costs/fees for paying online. If your lease requires you to hand-deliver a check to the rental office each month, consider how feasible that is for your lifestyle and where your apartment is located. If you can’t consistently make that errand on time, the penalties for late payments could include added fees and possibly a hit to your credit score if your landlord chooses to report the late payments.

Which Utilities Are Included In The Rent and Which Am I Responsible For?

If you’re about to pay a fortune for a one-bedroom apartment with all utilities included versus a cheaper apartment – it might be a better deal than the cheaper one! Landlords have complete control over how they handle utility payments for their tenants, so it’s important to know how many utilities will be included in your rent. If you’re going to be paying utilities separately, ask the landlord how much these cost the current tenants each month so you can take that into account when comparing rental rates.

How Do Maintenance Requests Work?

Maintaining your apartment upkeep is important as well, but sometimes things will be out of your hands and in your landlord's instead. This is an important question, and any good landlord will have a good and quick answer to this. They’ll typically give you specific information on who to call and how quickly to expect maintenance at your door. Check to see if your landlord uses an online maintenance portal where you can quickly document and request any necessary repairs.

What Are The Options For Parking?

Does a part of your rent include access to parking? Is its on-street parking, reserved, or in an open lot? If parking isn’t provided, what are the alternatives? Nearby garages? Can you pay extra for additional reserved spots or a garage? Be wary of being told street parking is easy to find. It’s not always easier and you’ll tend to have to park further away.

How Are Deliveries Handled?

This seems like a small thing – leaving your package in front of your house is the obvious thing. But what if someone ends up stealing the package if you’re at work? Some property management will allow you to leave packages in their office for you to pick up but it’s always important to ask.

Are Pets Allowed?

If you’re an avid pet lover, be on the lookout for this in the lease or ask while you’re viewing the apartment. Many landlords have a “no pets allowed” policy and handle on a case-by-case basis if you ask. If pets are allowed, you may need to pay a pet deposit or monthly fees.

What’s Your Policy On Subletting?

This is important because you never know how your life will turn out, in case you have to move for whatever reason. If your lease doesn’t specifically say no subletting, then you’ll be able to sublet your apartment. They may require the subletters to meet a certain standard and can deny those applications as well.

Is Renters Insurance Required?

Renters insurance is not always required, but it does cover your property in case of an event like flood, fire, or theft. Depending on the circumstances, it may also cover injuries that happen inside your apartment. It typically costs very little per month, so even if they don’t require you to have it, it may be a good idea to get it if you plan on staying for a while.

Port Richmond Shopping Center

Wed, 17 Jun 2020 14:02:10 GMT

Proximity To Our Properties – Within A 0.5 Mile Radius

Our properties at J Street Loft always maximize proximity to local shopping centers, especially with the new redevelopment of the Port Richmond Village center in Philadelphia’s Northeast neighborhood. Within the neighborhood, there is a vast widespread of different shopping to choose from, with a mix of fast-casual and sit-down restaurants, a mix that includes beauty and health, clothing, professional services, and discount retailers.

There are plenty of stores to visit in the area for all of your shopping needs. These developments bring new business and much-needed vibrancy into these neighborhoods – With the shopping center right in the middle of Aramingo Avenue, which is close to I-95 and within close proximity to Fishtown and is easily accessible via Girard Avenue, Aramingo Ave, and E. York Street.

Walmart Supercenter

2200 Wheatsheaf Ln, Philadelphia, PA 19137

This Walmart Supercenter is one-stop shopping for all your needs. Not only does it have almost everything you may need, but supercenter means longer store hours, a larger selection for electronics and groceries.

Lowe's Home Improvement

3800 Aramingo Ave, Philadelphia, PA 19137

Lowe's is great for home-improvement for appliances, gardening supplies and plants, tools and so much more. If you are one of those types of people who like to do your own DIY, this is a great place to head to since it’s so close to our apartments.

Home Depot

2539 Castor Ave, Philadelphia, PA 19134

Can't find what you need at Lowe's? Head over to the Home Depot, which is another home improvement retailer for all your home needs. They also have outdoor furniture!

Target

2701 Castor Ave, Philadelphia, PA 19134

Let's be real. Target is essentially one of the most important retailers around. With their offerings of home goods, clothing, electronics, groceries and more, this is one of the most wanted locations because of their bountiful products. They have items that will draw you in since it's just right down the street!

Sonic

2201 E Butler St, Philadelphia, PA 19137

Hungry after shopping at Walmart? Drive right up to Sonic in Port Richmond to get your delicious corn dogs, milkshakes and fries. With their old-school retro feel, you'll feel like you went back in time while here!

Domino's Pizza

3400 Aramingo Ave, Philadelphia, PA 19134

Want pizza quick and delivered? Domino's pizza is right down the street. With a wide food selection of pizza, chicken salads, and pasta. The one benefit is that this place closes at 2 am, for your late-night munchies.

IHOP

3400 Aramingo Ave, Philadelphia, PA 19134

International House of Pancakes. One of the longest standing breakfast chains that serve a large variety of pancakes and other breakfast diner fare.

Panda Express

3551 Aramingo Ave, Philadelphia, PA 19134

Panda Express is one of the first fast-food chains to serve Chinese-American food. With some standard Chinese inspired cuisine, as well as health-conscious options.

Sacred Vice Brewing Company

3233 Amber St, Philadelphia, PA 19134

Sacred Vice is one of the newest and the greatest addition to Port Richmond. Their taproom offers many different flavors of beer as well as local whiskey and cider.

How To Decide If a Neighborhood is Right For You

Wed, 17 Jun 2020 13:52:10 GMT

When you’re trying to find the best places to live, choosing the neighborhood is almost as critical as choosing your house or apartment.

Before you dive into looking up apartments or houses to live in any random neighborhood, take a step back and think about what you want in a neighborhood, or where you want to live. Do you want to live in an area with plenty of restaurants? Do you want to live in a good school district? Maybe you would rather live in a quieter area with no bars or restaurants, or in a thriving neighborhood with a plethora of them. We put this guide together to help you find the perfect place to put down your roots.

Step 1: Profile Your ‘Perfect’ Neighborhood

Depending on your needs and personal preferences, it should be safe, walkable, affordable, and with people you can imagine yourself interacting with. Depending on your situation, you may be looking to live near other families that have children, playgrounds and parks, and a good school district. What are the things that are most important in a neighborhood, and what would make it special for you and your family?

Some things to consider:

● Quiet streets or a busier active area with plenty of bars and restaurants?

● Walking distance to amenities like grocery stores and plenty of shops?

● Are there any parks or trees around?

● Is it an older neighboorhood or a newer development?

● Will you need access to public transportation?

Step 2: Zeroing In On An Area

Now that you have your mind on what your ideal type of neighborhood is, it’s time to narrow your search. If you already live in a city, it might be easier for you to be able to decide on which area you’d like to live in.

If you want to be closer to your job, it’s probably a good deciding factor on where you want to move. If possible, spend time walking through the neighborhood. You can try doing it at varying times of the day to get a sense of how it is so that it will be easier to pick a neighborhood that is right for you.

Step 3: Information

After you choose an area, it’s time to start digging up some information. After profiling what you wanted in a neighborhood, you know what to look into.

School Information: What type of school do you want your family to attend? Whether it be a university or high school, looking into good rating schools can be beneficial to your family’s needs, and can help you decide on where you want to live.

Crime Rates Online: Having children, crime rates can be very important – or even if you are single. You can lookup online “Crime Statistics by Neighborhood.” It should give pretty general information, especially depending on the size of the city. If you are living in larger urban areas, they typically will have detailed crime reports and on the other hand, smaller towns most likely will only have general information.

Parks and Recreation: Parks are essential in communities. They are a great benefit economically, environmentally, and physically. Both parks and recreation facilities also provide benefits for members of their communities. They bring people together and connect people to each other and to nature.

Restaurants & Bars: What types of restaurants or nightlife would you want to be surrounded by? Restaurants and bars are often the centers of activity in a neighborhood. If there is live music, more people will flock in the area.

Step 4: The Decision

Once you’ve determined your priorities and answered all your questions, you’re a lot closer to making a final decision to move. Moving to a new community can be overwhelming and also a bittersweet experience. It can be exciting to explore a new place, make new friends, and cultivate brand new opportunities.

On the other half, it’s often painful to leave behind friends, loved ones, and special memories. During what’s already an emotional ride, being able to find the right neighborhood for you and your family can make all the difference in the end and make the worrying worth it.

If you have questions about neighborhoods in Philadelphia and are trying to figure out where you want to move, contact us and we’d be happy to help you in your search!

First Apartment Essentials Checklist for Renters

Thu, 30 Apr 2020 14:32:11 GMT

Apartment Checklist

Finding your first apartment, applying to live there, budgeting rent and utilities, and officially moving is not easy. To make this transition smooth, you will likely need some guidance on what to put in your new apartment, but you are in luck! Here's a list of furniture and essential household items that you will need for your new apartment.

To start – think about the necessities. Consider each room and decide which staples you already have, and which things you still need to buy.

Rental Move-In Checklist

Bedroom Checklist

Mattress and bed frame
Sheets, blankets, and pillows
Clothes and shoes
Phone charger
Lamp

Bathroom Checklist

Toothbrush/toothpaste
Soap
Towels (hand and bath)
Toilet paper

Kitchen Checklist

Utensils
Plates, bowls, cups, and mugs
Hand towel
Microwave

Living Room

Coffee table
Couch
TV
Lamp

Spice Up Your Space

Once you’ve checked off the necessities, start putting together a list of what you’ll want to have in each of your rooms to give it your own personal touch. Moving into an apartment requires you to invest in furniture to give it your own aesthetic. You’ll be able to make it your own space with decor.

Living Room

Love seats
Tapestry/wall decor
Pillows and blankets
Plants
TV stand
Coasters
Area Rug

Kitchen

Can and wine openers
Tupperware
Crock pot
Pots and pans
Blender, mixer, and baking sheets
Sponges and dishwasher detergent
Trash can
Oven mitts
Cooking knives
Coffee maker, coffee, and filters
Kitchen table
Microwave oven
Bag clips
Sponge
Dish rack
Cutting board
Oven mitts
Aluminum foil, baking paper
Trash bin and bags
Compost bin and bags

Bedroom

Paintings/picture frames
Comforter and throw pillows
Night stand
Bookshelf
Hangers
Dresser/wardrobe
Full-length mirror
Decor
Curtains
Mattress topper
Headboard

Bathroom

Toothbrush holder
Soap-dish
Shower organizer
Shower curtain
Towel bar or hooks
Air freshener
Bath mat
Plunger
Toilet brush
Cleaning supplies (heavy-duty cleaner and/or bleach)
Trash bin
Laundry basket
Laundry detergent

Miscellaneous/Other

Light bulbs
Cleaning supplies
Tool kit (screwdriver, hammer, nails, thumbtacks, wrench)
Floor rugs
Shoe rack
Vacuum cleaner
Mop or Swiffer
First aid kit
Iron or steamer
Sewing Kit
Wifi Router
Extension Cord
Speakers

Apartment Credit Checks: What do They Look For?

Thu, 30 Apr 2020 14:20:10 GMT

Guide to Credit Scores and the Apartment Application Process

Your credit score plays a crucial role in the apartment rental process. Whether you are renting an apartment for the first time or rent frequently, what you might not know is all of the details when it comes to accessing and understanding the state of your credit.

A Rundown on Applying for Rentals

It’s common for landlords to require a background check as well as a credit check when submitting your apartment application. The background check is to show the landlord any potential criminal charges or eviction history in your past, while the credit check will show your score and several factors that contributed to it. Some of the things they will be able to see include;

Student loan payments
Credit card history
Opened credit
Loan applications + loans taken out
Late payment history

One thing is certain when applying for rentals; landlords pulling your credit report to compare you to other potential renters. If you have a credit score that is around the minimum, which is sometimes 620-600; that signals to the landlord that you’re a potential risk.

They also check credit in different ways; some being hard pulls and other soft pulls. Before they begin to check your credit, ask the landlord what type of credit check they are planning to do. If you want to make sure the landlord doesn’t hit you with a hard credit check, offer to provide your credit report, which will result in a soft credit check.

Do Apartment Credit Checks Hurt your Credit Score?

If you’re looking at different apartments to try to find your dream one that meets your standards and your budget, several landlords may pull your credit report and check your credit score. It’s not as harsh as it sounds though.

As long as your apartment searching doesn’t drag on too long, they typically will ignore inquiries made within 30 days of an apartment application which means your credit score won’t be hurt by multiple credit inquiries.

Can Paying Rent Improve your Credit Score?

Though it might sound scary having your credit score decrease or be influenced by all of these credit inquiries; paying your rent on time may help you build credit. In that case, it’s always smart to ask your landlord or property manager to report your rent payment since you can’t do it yourself. For this to happen, your landlord must report rental history data to the credit bureaus for this to happen.

How to Rent an Apartment with Bad Credit

Before going into an apartment tour or meeting your potential landlord, it’s good to be upfront about your credit score. If any factors contributed to the low score, let the landlord know about it. If you’ve made improvements since finding out about the score, try to show pay stubs to prove you can make monthly payments. Being upfront and honest will show the potential landlords that you’re aware of the mistakes and are being responsible for them.

Keep Yourself and Others Safe During COVID-19

Tue, 28 Apr 2020 16:48:12 GMT

Here are some ways to stay safe during the COVID-19 pandemic.

These are unprecedented times with a significant amount of change from our everyday lives. We should choose to try our best in this situation. Minimizing contact with others is the best way to reduce the spread of the virus. The fewer people who get sick, the fewer who will need to be hospitalized, and the quicker we can flatten the curve.

Stay Informed

With new information surrounding the COVID-19 outbreak, new stories and information are developing every day. Therefore, it’s more important now than ever to prepare and stay informed. The only thing that spreads faster is misinformation, so take a look below to learn how you can take preventative measures to keep your family and loved ones safe and healthy.

If You Must Leave Your Home

To try to limit your exposure, consider ordering curbside pickup or delivery services instead. If you can’t do that – If at all possible, try to designate one person at a time to do the errands. It is also recommended to put on a mask whenever you have to go out in public to protect yourself as well as others. If you don’t have the recommended N-95 mask, try using a scarf or a bandana. If you’re headed to the grocery store, try not to not panic buy. Instead, put together a grocery list together by isle so you can minimize the time inside.

Stick to your grocery list as well. Always bring with you hand sanitizer or disinfectant wipes and gloves so that if you have to use a cart, you can disinfect the handle and other surfaces others may touch. Instead of using reusable shopping bags, use disposable ones, and when you come home from the grocery store, wipe down all of the surfaces of the items you just bought.

Practice Proper Hygiene

This one goes without saying, but practicing proper hygiene in a time like this will help to keep you and your family safe. Washing your hands for at least 20 seconds and avoid touching your face after bringing your food or groceries inside. Always rinse your produce with water before you consume it to help remove dirt and pesticides, or if anyone else touched it in the grocery store. If soap and water are not readily available, use a hand sanitizer with at least 60% alcohol.

If you can, clean and disinfect household surfaces daily and high-touch surfaces frequently throughout the day. High-touch surfaces include phones, remote controls, counters, tables, doorknobs, bathroom fixtures, toilets, keyboards, and laptops.

Social Distancing

6 feet! Did we mention social distancing yet? Social distancing means having less contact between you and the people around you. It can be practiced at home, at work, and while out in the community if you’re exercising. Try to practice keeping 6 feet away from those that aren’t in quarantine with you when you’re going on walks with your family, in line at the grocery store, and picking up to-go food. If you need to keep more distance between you and someone else while on a walk or reaching for an item at the store, take a step back and wait or politely ask the person to give you more clearance to make the experience for both of you less stressful.

Find Accurate Information

Visit The Red Cross for more information on COVID-19 safety. For the latest information, please visit the CDC website at cdc.gov/covid19 .

5 Tips for Keeping Your Apartment Clean

Tue, 28 Apr 2020 16:37:48 GMT

Keep your living space in order with a little spring cleaning.

When you have a busy life, keeping your apartment clean is not an easy task, especially when you have a busy life. At the end of the day, putting away dishes or laundry is the last thing on your mind. With these easy tips – you’ll have a clean apartment in no time!

Staying on Top of Everyday Chores

Everything has a place, or should in your home. When you get home, instead of throwing your shoes, keys, and phone around in your house, make sure they are put in the same place every day to keep your apartment looking clean. While you’re cooking, try to clean and put away dishes and don’t let them sit on the stove or in the sink. Declutter your desk or counters by tossing away mail and trash the minute you walk in the door. All of these little five minute increments add up to a cleaner home in no time. You don’t have to physically dust, wipe, and vacuum every day – but straighten up when you can to minimize the amount of cleaning.

Make Your Bed

This may be an obvious cleaning tactic, but making your bed in the morning sets you for the day ahead, and can make your bedroom already look much cleaner. This should be the first thing you do when you’re out of bed for the day! Not only making your bed every day but always make sure to have changed your sheets and pillowcases every once in a while, pop it in your laundry, get your extra fresh sheets, and you’re good to go.

Use Organizational Tools

To maximize your apartment space, try to invest in storage options that will give you the peace of mind of a cleaner apartment. For example, shoe racks are perfect for storing your shoes instead of having them thrown everywhere around the house. Under the bed storage and closet storage is a smart way to hide your clutter. Shelving is a good way to store your winter clothes so that they aren’t taking up space in your drawers.

Have a Schedule

If you live with roommates, make a schedule for both of you to split up chores. For example, one person could be in charge of the kitchen cleaning whilst the other is in charge of the living room. You could even alternate weeks between the two of you. If you live by yourself, schedule a cleaning day once a week – possibly on Sundays so that your apartment is clean for the week.

Clean Surfaces

When I say clean surfaces, I mean every possible surface in your apartment. This includes vacuuming, dusting, wiping down the bathroom and kitchen. Your kitchen stove can quickly turn greasy, with burned grime everywhere. Scrub the countertops, stove, and other items to keep the kitchen clean. For your bathroom, keep a roll of paper towels and disinfectant nearby so that you can wipe off the countertop, sink, and toilet seat in only a few seconds each day. It’s easy to forget to wipe these areas down, but it is essential to clean surfaces of high touch areas. These high-touch surfaces also include phones, remote controls, counters, tables, doorknobs, bathroom fixtures, toilets, keyboards, and laptops.

How To Stay Healthy While Working From Home

Fri, 27 Mar 2020 18:56:33 GMT

Managing stress, focus, and posture.

Things are quickly evolving with the news being spread about coronavirus (COVID-19). Many companies asked employees to help by asking their teams to work from home. Here are some ways you can stay productive and healthy while working remotely.

Stick to a Routine

Sticking to a routine when you're stuck at home may help you mentally and physically. They provide a needed structure in your day and help you prepare for the week. Creating specific routines while working from home will help you get into the flow of things for work. Instead of your morning commute, take a couple of minutes out of your day to read your emails and have a cup of coffee. Doing some morning yoga and after-work yoga or taking your dog on a walk can create a morning routine and help greatly with focus and stress. Starting your day and end your day at specific times. It’s important to draw lines between social life and work.

Have a Workspace

Once you have your routine down, it’s also important to choose an area of your home to work in. Some considerations for the location, noise level, comfort level, and lighting can help with focus and stress. Aim for a quiet spot with little to no distractions – then edit your space. Whether it’s adding some plants to liven up your space or organizing your work materials, doing these little things with help create your space into a place that is designed solely for work. Don’t forget – it’s crucial to fix your posture throughout the day because sitting in the same position in a chair or couch all day can lead to body pains.

Set Clear Goals

Creating attainable goals, and a task list for each day of the week when you work from home can help you stay laser-focused on work and on yourself. Performing in a work-from-home environment is already stressful enough, so it’s important to be creative in this type of environment. Creating small goals such as getting a work project done at a specific time, giving yourself a 10-minute break each day to relax and get refreshed, making sure you drink enough water throughout the day – or organizing goals by prioritizing which tasks should be completed by the end of the day will give you more opportunity to think about your performance and set new tasks for each day.

Communicate

Working from home will require you to reach out to more people and stay in constant communication with your team and loved ones. Keeping up with communication throughout the day will help maintain relationships and a sense of normalcy. For example, if you typically talk to your co-workers in the morning to catch up, do the same as you would remotely by texting them. Just because everyone is practicing social distancing doesn’t mean you need to actually feel so distant.

Meal Prep

Instead of filling your fridge with easy and quick meals, try to replace and stock your fridge and pantry with nutritious foods like fruits and vegetables, whole grains, and protein. When you see pre-portioned or healthier foods first, your mind will be set on those instead of unhealthy snacks. Snacks like yogurt with berries, overnight oats, hummus with veggies, or hard-boiled eggs, and an apple will keep you fuller for longer.

To stay informed, check the U.S. Centers for Disease Control and Prevention as well as your local health department for updates.

Best Takeout Food in Harrowgate, Kensington, and Port Richmond

Sat, 21 Mar 2020 14:35:13 GMT

Kensington

Hidden in Kensington, there are so many restaurants that are serving this part of town several staples in Philadelphia. Many Southeastern Asian restaurants, petite little coffee shops, and aesthetically looking New American meals. Take a look at our list of some highlighted restaurants to order take out (or delivery!) from.

Hinge Cafe

After they began as a coffee house in 2004, with their loyal customers’ support, Hinge Cafe grew to where it is today. Hinge is a go-to brunch spot for the Kensington neighborhoods. Things like their french toast with pecan butter, breakfast skillet, cajun shrimp & grits, and turkey sausage benedict are some of the items that fly off their menus.

Circles + Squares

Choosing doesn’t matter at Circles + Squares, because this will be one of the top pizza places in Philadelphia. This place is a small no-frills spot, with their tasty Detroit style type crust – but at the same time tastes like focaccia pizza. Order the circle White and the Square cheese. The white pizza has a stronger flavor and goes amazing with the thin crust. The cheese pizza square crust is perfectly balanced between chewy and crunch.

Cook and Shaker

Cook & Shaker is located right next to a residential area of the neighborhood serving up elevated comfort food. A simple menu, you would be surprised by how delicious their food really is. Some notable menu items include their veggie Italian, polenta fries, cook and shaker tots, pierogies and grilled kielbasa, and zeppoles.

Vientiane Bistro

Vientiane Bistro’s main focus is on providing comfort food in a very laid back atmosphere, serving authentic Lao and Thai cuisine. Some of their main dishes include; crispy Naam salad, green papaya salad, Lao grilled sausages, king soup (khaopoon), and Laab curries.

Port Richmond

Nemi Restaurant

Nemi Restaurant focuses on authentic Mexican cuisine, using traditional ingredients and techniques. Nemi is one of the hidden gems in Port Richmond. A new Mexican addition to Philadelphia, with their menu including authentic Mexican cuisine. On their menu, they have Elote, Baja Baja tacos, Chicken Roja, and Tiradito Al Pastor Ceviche,

Mercer Cafe

This little spot in Port Richmond serves simple, fresh home-cooked breakfast and lunch dishes. It has a cozy, clubby atmosphere and a strong kitchen for classic and neo-classic menus focused on the morning and afternoon meal. Some of the neighborhood favorites include challah french toast, eggs benedict, grilled chicken & Abruzzi, and a farmers frittata.

Byrne's Tavern

If you’re looking for classic bar food takeout while having a night drinking some beer or wine, order takeout at Bryne’s Tavern. A classic Irish tavern inside and out, with good bar food. With menu items like Broccoli bites, Potato Logs, "Bobby chez" Crabcakes, Pizza, and Steamed Clams – you can’t go wrong with pairing it with a good Irish beer!

New Wave Cafe

Port Richmond is known for its polish community, with “Little Poland” it’s for certain that they would have delicious polish food in the heart of the neighborhood. With delicious black sausage, beet salad, potato pancakes, kielbasa and potato and cheese pierogies on their menu, there are plenty of options to choose.

Tacconelli's Pizzeria

Tacconelli's is known in Port Richmond to be one of the most classic Philadelphia pizza joints. Their pizza is plain and simple in the best way possible. With a thin-crust style pizza, you have to order your dough to reserve at 11 am the day you want to order it – as soon as they’re out, they will stop answering the phone!

Harrowgate

Cibao Fried Chicken Restaurant

This Dominican restaurant is known by locals as being one of the best in North Philadelphia. With their Latin American eats & Dominican specialties, some of their menu items include Cuchifrito, Tostones, Rice platters with your choice of meat, Pastelillos, and Potato balls.

Cafe Mi Quang

Taste their bowl of noodles, and it will feel as though you traveled into Vietnam. This little gem is known in this neighborhood for its Mi Quang and is the only restaurant in Philadelphia serving up this classic Vietnamese dish. Other items on their menu include Banh Mi, Bun bo hue, Bun Cha Gio, and Pho!

Pupuseria Sabor Latino II

This is a little Salvadoran restaurant that brings locals from all over. There are many items to choose from, but the pupusas are the main attraction! Some of their menu items include Camarones, Churrasco Guatemalteco, Horchata, Yuca con Chicharron.

Charities In Philadelphia

Fri, 28 Feb 2020 20:01:13 GMT

Give Back to the City of Brotherly Love

Supporting charities that are working to enrich Philadelphia is a great way to give back to your community. This city is home to hundreds of nonprofit organizations that are helping thousands of people. These organizations aim to help those who are in need. Most charities have the goal to reduce poverty by helping people in any way they can or by donating clothes, food products, water for families, and more. Here's a list of local charities in Philadelphia that you should consider volunteering with or donating to!

Philabundance

Philadelphia remains one of the nation's poorest large city, with a poverty rate that has hardly moved in recent years. Founded in 1984, Philabundance works to end hunger throughout southeastern Pennsylvania and southern New Jersey. Philabundance is an efficient way to help donate to those in need of food, by being able to deliver two meals for each donated dollar. It supports deserving families and their children. They distribute food to more than 450 hunger relief agencies and are able to collect through collaboration with manufacturers, grocers, farmers, and locals and deliver upwards of 30,000,000 pounds of food annually to homeless shelters, soup kitchens, after-school programs.

Playworks Philadelphia

Founded in 1996, Playworks expanded to Pennsylvania in 2010. Playworks Pennsylvania serves low-income schools across Philadelphia through our year-round, on-site support services. They have helped reach thousands of more students across Pennsylvania through professional development workshops for schools and youth organizations. Now, they are looking beyond the schools that they serve to help 3.5 million students in 7,000 schools experience safe and healthy play every day.

Women Against Abuse

In 1976, Women Against Abuse was founded as a part-time domestic violence hotline in a neighborhood women’s center. Victims of domestic violence and abuse in Philadelphia find the needed assistance they have been searching for. They advocate in Pennsylvania, serving 15,000 individuals each year through emergency residential services. They offer safe havens, legal centers that offer free legal advocacy, sojourner houses, a domestic violence hotline, safe at home programs, and more. Their main mission is to always provide quality, compassionate, and nonjudgemental services that foster self-respect and independence in individuals experiencing intimate partner violence.

Prevention Point

The overdose epidemic that Philly has is increasingly getting worse. Philadelphia surpassed 1,150 overdose deaths in 2018, and the epidemic has hit a number of US cities. Kensington is in the heart of the epidemic, but Prevention Point has been in the fight to help reduce overdoses. By introducing the Sterile Syringe Exchange, they are able to reduce the amount of HIV being spread in Philadelphia and getting used syringes off the streets. Another service that they provide is the overdose prevention program that will teach you how to safely handle Narcan, which helps reverse the effects of an overdose.

Philly Paws

Philly Paws is one of the largest rescue organization in the city, providing the city with low cost basic veterinary care for pet owners and rescue organizations that cannot otherwise access or afford it. Through its three no-kill shelters, foster care network, and special events, PAWS finds loving homes for thousands of animals each year. PAWS is working to make Philadelphia a no-kill city where every healthy and treatable pet is guaranteed a home. In order to help donate to a cause, you can become a volunteer.

Alex’s Lemonade Stand Foundation

This organization keeps the legacy of Alex Scott alive, who was from Wynnewood, PA, who pledged to raise $1 million dollars for childhood cancer research. This foundation is changing the lives of children with cancer by funding impactful research, raising awareness, supporting families, and empowering everyone to help cure childhood cancer. They also provide emotional, financial, and logistical support to childhood cancer families that make their challenges more manageable.

Easy Ways to Live More Eco-Friendly

Fri, 28 Feb 2020 19:47:16 GMT

Making Your Home More Green

The importance of going green may seem like it’s just what is trending right now, but it is our moral obligation to protect the environment from producing more pollution. There are things you can do to continue to protect our environment by making your apartment and community more sustainable, as well as environmentally friendly.

LED Lights

Light bulbs that use LED technology not only bring down your energy bills but are also more environmentally friendly. Because these energy-efficient lightbulbs use much less electricity, they will also last longer – a longer life span means lowering carbon emissions. They last up to six times longer than any other type of lightbulbs, which means you don’t have to waste money replacing them.

Water Sustainability

Sustainability is often associated with energy usage. In order to become eco-friendly, it's time to get serious about saving water (which will also save your bill). Using water in your home or apartment takes up a lot of energy that is required to pump water into your home. Conserving water will reduce the amount of energy you use. A couple of ways you can conserve water is by taking shorter showers, shutting the water off while you brush your teeth, recycling water, use water-saving appliances, and stop buying water bottles and purchase a water filter.

Smart Meters

Everyone knows that one person who decides to turn the heat up too high and leaves it on all day, especially during the winter. Your heating is one of the top ways that you use energy in the house, especially if you forget to turn it back down. You waste money and energy by leaving it on all day and all night, and one of the more eco-friendly ways to reduce your usage is having a smart meter installed. By being able to be programmed to only turn on at certain times of the day, you will be able to reduce your carbon footprint and decrease your energy bill.

Plants

Introducing greenery to your apartment will help purify the air, and add beautiful vibrancy into your living environment. For plants like eucalyptus, leaving the plant hanging in your shower will help release essential oils, which can help clear nasal congestion. Plants like Pothos can be hung from a basket or potted normally and can thrive in a wide variety of lighting. They are also known for their air-purification properties and can strip your home from toxins that are known to form in carpets and rugs.

Reusable Products

Switching to reusable products such as rags, napkins, grocery bags, and water bottles can be a great way to make little changes in your apartment and in your life. You will save money in the long run by eliminating disposable plastic usage, and replacing it with reusable, high-quality products. Not only will you save money, but these products have safer materials since all disposable products are typically made from plastic.

Community Efforts

Getting involved in your community to take a step towards an eco-friendly lifestyle is continuing to evolve and become easier. There are many community gardens in Philadelphia and farmers’ markets that will make your neighborhood take a step towards participating in eco-friendly ways. You can walk more and bike around the city on your day off, or if you are heading to work – drive less to help reduce your carbon footprint. Taking public transportation for your daily commuting needs, or even carpooling to work with your co-workers.

Apartment Decorating Ideas

Mon, 13 Jan 2020 14:46:00 GMT

DIY Apartment Decorating Ideas

Moving into your new home is always exciting, especially when you get to decorate it.

Though the thought of having to spend more money on new furniture and decorations for your brand new apartment can be exhausting, and overwhelming. This is why getting inspired to craft some of your own decorations can be a great start and an opportunity to put your own spin on how your apartment turns out. Here are some of our apartment decorating ideas you can use for your brand new place.

Wooden Crate Television Stand

One of the easiest things to make from wooden crates would be a television stand. You can either make the TV stand longer with more crates or taller with 4 simple crates stacked on top of each other. Not only is this a television stand, but you can add decoration on tops of it like candles and plants – as well as storing pillows and blankets, or books inside. It will help alleviate storage in the space you are putting this crate stand, maximizing your space!

Don’t Forget About the Front Door

No home is truly a home without a welcoming without a mat on the outside, or a wreath hanging up. It also gives your entryway some jazz with customization that fits your personality! All you have to do is buy a simple doormat, whichever color you choose, and paint over it in whatever design you choose to. A great idea for painting a doormat would be what you love. For example, maybe you just moved from a different city and are missing home? Paint your hometown onto the doormat to always remind you of home.

Paint Your Walls

If you’re living in an apartment and want to spice up your kitchen, a removable backsplash gives you pop without risking your security deposit. Not only can you give your kitchen a brand new look, but removable wallpaper could also be your next new best friend. It is also an easy and great addition to whichever room you choose to add it too. Accent walls can be a powerful design choice in your new home. They break up the traditional look of having four walls that are painted the same color.

Wall Hooks

While some people may think wall hooks are boring, if you take your time with this DIY; you can choose your style and personalize it according to your design preference. These wall hooks or an addition of a wall rack in your entryway or in your bedroom is another great way to stay organized in your new apartment and add decor. They will bring a unique touch to the room with whatever pattern you choose to go for.

Gallery Wall

Want to have your own art studio at home? Gallery walls can be a great and easy addition to your new home. It can be sentimental pictures, art or photos, drawings, and jewelry – the possibilities are endless. Two great ideas are keeping them the same color scheme, or thematically. It makes a statement on any wall you choose to add it to. The nice thing about gallery walls is they grow and change over time, leaving you up to be the artist of your home.

Floating Shelves

Regular shelves are a thing of the past. Not only are they heavy, but they take up way too much space. Floating shelves are easy to put together, and are a great addition to the decor. You can add books, plants, pictures; really you can add anything. You can add these shelves almost anywhere in your home. Another great addition would be in the bathroom and kitchen. For example, adding one of these floating shelves in your kitchen would be a great space saver since you can add cups and plates, coffee or a kettle, anything that would fit!

Lazy Susan

No, we’re not talking about your aunt – Lazy Susan could be a quick and great addition to DIY your cluttered space because let’s be real; messy fridges can become nightmares. Install a Lazy susan and store your condiments, glass containers, or drinks in your fridge or pantry for extra space. You could even add one under your sink. It’s great for storing cleaning supplies and keeping the space tidy.

Cozy Den

You may have bought all the furniture you thought you needed, but it still doesn’t feel like home. A great way to make whatever space you’re looking to upgrade much more cozy and vibrant is by adding pillows , blankets , and rugs . Layering up your rug on top of each other also i s a smart and simple way to give a room texture and take on another trend: pattern-mixing. If your new apartment has a neutral backdrop, a fun way to add to the addition of a cozy room is by incorporating an accent color.

Accent Curtains

In addition to hanging things on your walls, this is also a thrifty way to add color to the room, and to keep the sun out when it gets too bright out. The right window treatments can add instant coziness to your new apartment. If you are stuck with boring plastic blinds, you can hang curtains right over them by mounting the curtain rod as close to the ceiling as possible and hanging fabric curtains right over it, giving the look as if the plastic blinds were never there.

Healthy Eating in Philadelphia

Fri, 10 Jan 2020 14:58:00 GMT

Looking For Your 2020 Philadelphia Guide to Healthy Eating?

Wanting to dine out on local fresh, healthy options? We’ve got your top places to eat clean in Philly.

Philadelphia’s Fishtown is home to many different cuisines, art, and music. It is home to an ever-growing destination spot for those who visit Philly. The restaurants here are some of the best places you’ll find in Philadelphia that you’ll want to bite right into — here’s where to go if you are looking to eat clean, tasty and locally sustained food.

Liberty Kitchen

Located in the heart of Fishtown, Liberty Kitchen is the newest addition to bring locally sourced products to their neighborhood. The market features a selection of locally produced and important artisan cheese by their in-house cheesemonger. On their menu, they offer fresh Hoagies, Charcuterie boards, Salads, and Mac and Cheese. They even have accommodations for vegan and vegetarian on their menu, like their Veggie Jawn. By far, it is one of the most up and coming locations in Philadelphia. Stop by and grab a delicious lunch or dinner, and be sure to check out their variety of fresh and local grocery options. Oh, and did I mention they are BYOB?

1244 N Front St

Honeygrow Test Kitchen

Ever wanted to visit a test kitchen to see behind the scenes of what goes into developing restaurants menus and trying out new kinds of food? Look no further, because the Honeygrow Test Kitchen is their own take on freshly made, easy to pick up, wholesome eats for the Fishtown neighborhood. A Philadelphia based start-up company, they carefully curated selection of items on the menu showcase some of their own favorite stir-fry and salads. In addition, they also sell experimental dishes they are always trying out, like their Blackened Bay Shrimp, to their Rose Citrus Salad (which comes with Green Tea noodles).

1601 N Front St

Bimini Juice Bar & Salad Bar

Stop by for a great easy time for those who love quick-service restaurants that serve fresh juice, smoothies, salads, and more with a focus on raw healthy ingredients. Bimini Juice Bar & Salad Bar has a large menu full of delicious salads, create your own wraps, smoothies, fresh-pressed juice, and hot specialty beverages. When you walk in, their atmosphere is light and cheerful, they put their fruit and veggies on display, so you know they are fresh. Some of the local favorites here are the Thai Chicken Wrap and a Dream Vacation Juice.

807 N 2nd St

Suraya

Voted as the “ Best New Restaurant of 2018 ” by Philadelphia Magazine, ever since this multipart Lebanese Resturant was first revealed in 2017, a buzz has been surrounding Suraya ever since. Named after the grandmother of the two of the owners, the Lebanese market, restaurant, and garden are located in Fishtown. Suraya has become a local’s favorite date night destination, flocking over for freshly made pastries and man’oushe in the morning, then heading back over for dinner for Middle Eastern staples such as freshly made hummus, labneh, muhammara, and kebabs.

1528 Frankford Ave

Da-Wa: Joseph’s Sushi & Ramen

If you think it’s difficult to find a decent sushi spot in Fishtown, you’ve come to the right place. This little gem is tucked underneath Girard Station on Front Street. Da-Wa offers authentic Japanese sushi and sashimi, along with the chef’s 21- course Omakase menu (Meaning the chef picks) and of course, ramen. If you’re looking to venture out your taste buds into Japanese culture, try the daily specials such as Kamasu (Japanese Barracuda), or Tachiuo (Japanese Beltfish).

1204 N Front St

One-Shot Coffee

One-Shot Cafe specializes in serving creatively-crafter beverages, brunch, and house-made pastries all day, every day. They are a cozy home away from home to meet, work, or simply relax. Starting as a small coffee shop on Liberties Walk in 2005, One-Shot Coffee has become a staple in the neighborhood for your morning cup of joe. Their carefully crafted coffee drinks feature locally roasted coffee purveyors, such as ReAnimator and Rival Bros Coffee by the bag. They always serve a variety of vegan options as well as vegetarian options and housemade vegan sweets.

217 W George St

Front Street Cafe

Front Street Cafe brings the residents of Fishtown and other neighborhoods a refreshing menu featuring farm to table, locally sourced and organic New American cuisine. Their menu comprises primarily of plant-based options, vegan and vegetarian-friendly and many gluten-free options as well. Along with the restaurant, they also house a coffee shop, an organic juice bar, and garden seating. A unique addition is on the second floor upstairs, which is a private event space with live music.

1253 North Front Street

Stock

This little modern classic restaurant is serving up a variety of classic Southeast Asian dishes. Stock in Fishtown is one of Eater Philly’s 38 essential restaurants in the city. From dishes such as Banh Mi and Pho to Lao-style Coconut Curry and Burmese Sesame Noodles, they offer up many vegan options you won’t want to skimp out on. The modern BYOB just opened up their second location in Rittenhouse, their setup is built on the fast-casual, order-at-the-counter format, opposite to Fishtown’s full-service approach. So if you are ever in Rittenhouse, their second location downtown shouldn’t be missed.

308 East Girard Avenue

Sweet Green

If you’re looking to venture out of Fishtown for the weekend, Sweetgreen is your next best bet to healthy eating in Philadelphia. Located in the heart of Center City, its menu is focused on producing real food. They support small and mid-size growers who are farming sustainably and are transparent with their customers about what is in the food you’re eating, and where it comes from. If you step inside any Sweetgreen , you’ll notice how fresh the produce really is. On their menu, they have warm bowls, which typically include rice and whatever toppings you wish, salad bowls and make your own, which can include rice and salad.

924 Walnut Street, Washington Square West; 1601 Market Street, Center City; and 1821 Chestnut Street, Rittenhouse

Philadelphia Public Transportation Guide

Fri, 03 Jan 2020 15:48:00 GMT

Philadelphia Public Transportation guide

Philadelphia is often rated as one of the most walkable cities in the country. However, if your destination is too far for a stroll, the public transportation system will get you exactly where you need to go – or really close.

SEPTA, (Southeastern Pennsylvania Transportation Authority), has its faults but overall is one of the most efficient bus, subway, and rail systems in the United States. The maps and busy stations may seem daunting, but knowing the public transit system will make getting where you need to go easier and cheaper. Let this be your guide.

Subways

At $2.50 per ride and an additional $1 for a transfer, the subway system in Philadelphia is going to be one of the cheapest methods of transportation in the city. You can purchase tickets and or passes at any station or online.

There are four main lines, Market-Frankford Line (aka the El, the Blue Line), Broad Street Line (aka the Orange Line), Broad-Ridge Spur and the PATCO Speedline. All lines are controlled and operated by Southeastern Pennsylvania Transportation Authority ( SEPTA), aside from the PATCO Speedline, which is operated by the Port Authority Transit Corporation.

For your busiest and wildest weekends, the subway runs 24 hours on Fridays and Saturdays with service every few minutes. Here’s a breakdown of where each subway line will take you!

Market-Frankford Line (aka the El, the Blue Line)

The El is arguably the most well known of the four subway lines. It runs underground for 3.6 miles and stops at 28 stations. This line travels between the 69th Street Transportation Center just outside of West Philadelphia and the Frankford Transportation Center in Near Northeast Philadelphia.

If you’re looking to travel anywhere between Northern Liberties, Old City, the Historic District, Market East, the Convention Center and Chinatown, City Hall, Rittenhouse Square, University City, West Fairmount Park or Spruce Hill, the Market-Frankford line is your best bet.

Broad Street Line (aka the Orange Line)

The Broad Street Line runs all day, every eight minutes Monday to Friday and every 10-12 minutes on weekends. It’s underground for much of its 10-mile length that stops at 22 stations between the Fern Rock Transportation Center in North Philadelphia to Pattison Avenue in South Philadelphia.

The Broad Street Line is a Philadelphia Sports fan’s line of choice. The NRG Station (the final stop on the Broad Street Line) will drop you off steps away from the Wells Fargo Center, Lincoln Financial Field and other events around the stadium complex. This line also makes stops at other prime destinations near Broad Street, such as the Met (a concert venue), City Hall, Rittenhouse Square, and Midtown Village.

Broad-Ridge Spur

The Broad-Ridge Spur services eight stations and is 1.4 miles long. The short ride will bring you to Fern Rock, Olney, Erie, North Philadelphia, Girard, Fairmount, Chinatown, and 8th Street. The only stops that are unique to the Spur are Chinatown and 8th Street; The Broad Street Line also services the other six.

The Spur Line is a connector between the other three subway lines. It splits from the main Broad Street Line at Fairmount and goes south to 8th and Market Streets where passengers can connect to the Market-Frankford Line or the PATCO Speedline.

PATCO Speedline

Trying to get down the shore? The PATCO Line connects Philadelphia with southern New Jersey and runs underground for 2.9 miles of its total 14.2-mile length. The line has 13 stations and travels east to west from 15-16th and Locust in Philadelphia to Lindenwold in New Jersey, where you can easily connect to NJ Transit to Atlantic City. This line conveniently runs 24-hours a day and only costs $1.40 for a one-way ticket. PATCO and SEPTA have separate fares and ticketing systems. However, you can buy SEPTA tickets at PATCO station vending machines to easily continue your travels.

Regional Rail

The Regional Rail is the commuter’s daily routine. Leaving from 30th Street Station, Jefferson Station, and Suburban Station, Its expansive route connects the city of Philadelphia with all of its surrounding suburbs. To give you an example, Paoli, Thorndale, Malvern, East Falls, Manayunk, Chestnut Hill, Mt. Airy, Ardmore, Villanova, Swarthmore, Doylestown, and Downingtown are only some of the destinations serviced by the Regional Rail.

The Regional Rail will take you to the Philadelphia Airport from 30th street station in under 25 minutes. But, keep in mind, it stops running at midnight and starts back up at 5 am!

Pro tip: buy your tickets from a kiosk at the station! While you can purchase them on the train, your fare can go from $5.25/$6.75 to $7 or $8. But, if you are in a hurry and have to get on without a ticket, make sure to keep a card on you because they will not accept cash on weekday travel after 3 pm. Additionally, $20 bills are the largest denomination accepted by the Regional Rail.

Septa Buses

If you don’t live within walking distance to one of the subways or train stations, SEPTA’s bus system can get you there. The routes and stops are organized to connect on corners and at intersections, as well as with other bus terminals, and transportation centers. The bus routes cover many areas of the region from Germantown, Manayunk and Chestnut Hill to many surrounding suburbs.

Several “Night Owl” bus routes run 24 hours a day so no matter when you get off your train or out of work, a bus will be waiting to take you home! Your fare will be $2.50, exact cash only , your bus driver will not make the change.

There are over 300 routes and dozens of busses running through our city into neighborhoods and suburbs. Take a look at the bus stops and schedules here .

Sometimes getting to one location may require multiple types of transportation. It can be tricky and stressful! If you’re still struggling to understand the easiest way to get to your destination, let SEPTA help; visit the ‘ Plan My Trip ’ portion of their site.

Where to Celebrate New Year’s in Philly

Sat, 28 Dec 2019 20:50:00 GMT

Where to Celebrate New Year’s Eve in Philly

A festive night like New Year’s Eve calls for a festive celebration — and Philadelphia hosts many of them to welcome the new year each year. We’ve included a few parties in the surrounding counties as well, in case you’re outside of the city for the holidays.

Franklin Square

If you have children, Franklin Square is the perfect New Year’s destination in the city. There is a New Year’s event on December 31st specifically for kids. With plenty of treats and crafts, you’ll be able to keep them entertained before grabbing dinner at one of the many great restaurants in Center City.

While you’re on the block, check out the Museum of the American Revolution. One of Philly’s newest museums, they have an impressive collection of revolutionary-era weapons, items, and more.

New Year’s Fireworks in Philadelphia

If fireworks are your preferred activity to ring in the new year, check out Rivers Casino New Year’s Eve Fireworks on the Waterfront /. This is a free event, with a show at 6 pm and at midnight. This elaborate show on the waterfront is the perfect spot to watch the New Year’s fireworks! In addition to the midnight show, there’s one at 6 pm if you’re not looking to stay out late.

Cherry Street Pier

This pier on the Delaware is prime real estate for fireworks, and this year you have two events to choose from. The first is for kids at 5 pm with face-painting, hot chocolate, and more. There is also one and one for at 10 pm with music, drinks, and food!

NYE Live at Xfinity Live!

If you’re still celebrating the Eagles (hopeful) NFC East title, head down to Xfinity Live! In South Philly for their New Year’s party that starts at 9 pm.

Tickets give you access to the bar package, food, live music, bull riding, and dancing. Partiers also get a champagne toast at midnight.

Mummers Parade

This annual New Year’s Day parade has been going strong for 120 years! The annual parade features music, extravagant costumes, and floats, and is about as Philly as you can get. The parade will begin at 9 am at City Hall and end at about 6 pm.

Longwood Gardens Light Show

If you’re looking for something outside of the city, New Year’s Eve at Longwood Gardens may be the perfect spot to celebrate. If you’ve never been to Longwood Gardens, it’s a massive public garden with horticulture, tons of walking paths, and intricate fountains. At the end of December, you’ll find it delicately dressed in lights and other decorations for the holiday season. Click here for a complete list of start times, activities, and ticket prices!

For more New Year’s ideas in Philly and the surrounding areas, check out Google’s event calendar .

Property Spotlight: 1851 Germantown Avenue

Tue, 10 Dec 2019 18:51:00 GMT

Prime Location:

There are three gorgeous units available within this property located at 1851 Germantown Avenue in Philadelphia. Germantown Avenue is a major roadway that conveniently leads directly into Fishtown, Northern Liberties, and I-95. Within walking distance, tenants have access to all of the necessities: grocery stores, pharmacies, banks and religious establishments.

Updated Appliances:

Each unit provides a modern design coupled with luxurious amenities . All three of the available units are equipped with brand new kitchens and bathrooms that feature granite countertops, stainless steel appliances, and state-of-the-art marble tiling.

Spacious living:

The open floor plans within the units create a sizable environment that is perfect for entertaining guests. Additionally, the large bedrooms and bathrooms make for a comfortable living situation.

Amenities:

The luxuries of this property do not end with the design of the units. Tenants in any of the units will have their own washer and dryer and free access to the gym within the building. Street parking is abundant on Germantown Ave; you won’t have to park around the block or far from the building.

Take a look below at the available properties within our 1851 Germantown Ave property.

UNIT #1 – 2 bedrooms & 2 bathrooms

Click here for a virtual reality tour of unit #1!

UNIT #2 – 1 bedroom & 1 bathroom

UNIT #3 – 2 bedrooms & 2 bathrooms

Renovation vs New Construction

Mon, 02 Dec 2019 22:45:00 GMT

When considering a new apartment or commercial facility for rent, it’s important to weigh the benefits between a renovated building and new construction. Renovations keep historic values alive while new construction destroys it. Additionally, new construction has proved to be less sustainable than pre-existing engineering and oftentimes is much less cost-effective.

At GM Holdings, we appreciate the beauty and stamina that comes with the historic architecture of Philadelphia. We understand the obligation that comes with bringing an older, abandoned building back to its intended glory. That is why a great portion of our available properties are restorations and overhauls of historic buildings. Read on to further understand the benefits of renting/buying renovated versus newly constructed properties in the Philadelphia area.

Reconstruction holds intrinsic value

Rather than demolishing and rebuilding old and potentially historic buildings, renovating and rehabilitating them will provide a positive impact for the community and potential buyers. Historic and older buildings are assets to a community’s aesthetic. More often than not, newly constructed warehouses and apartment complexes will look out of place in a neighborhood with historical architecture. The culture of a community is preserved when they have a distinct presence of historical times and residents can take pride in the history of their new property.

Buildings and homes should reflect the history and style of its neighborhood and community. New construction not only looks out of place, but it also has significantly less architectural detail and charm that many older homes include. When renovating, the architect and builders can combine modern fixtures with the existing foundation. When blended with the exposed brick, stone or wood from the original building, our modern finishing touches from renovation are aesthetically pleasing and appealing to young professionals looking for life in the city.

The benefits of renovations do not stop at artistic and cultural value. Our available restored properties offer durability that can not be found in today’s new construction processes.

New construction

Many people believe that the older a structure is, the more structural problems it contains. However, this is not always the case. The houses and warehouses in Philadelphia are over 100 years old and are still standing solid. This speaks to the quality and durability of the original construction.

Current technology has produced a number of different materials and methods used for new construction. These components and practices are much less costly than traditional ones for construction companies, but their ineffectiveness ends up costing the tenants more money in the long run for repairs. When new apartment and office buildings in the city are not built with good-quality, durable materials they are not built to last; this leaves them fickle and prone to foundational problems. Conclusively, buildings that are built too fast and with much less emphasis on long-term quality are not the best route for potential buyers.

If not done properly, some materials used in new construction rot or corrode in wet weather or deteriorate in hot sunlight. When done cheaply and swiftly, some of the most important features within the new construction suffer. Plumbing, heating and cooling technology require time and proper materials; they are likely to fail after a while under any conditions, simply because they are not built to last anymore. Using the adequate materials, as they did for older buildings, can make a huge difference as to how long a building will stand and how often it will need repairs. This is why restoring historic buildings are a much safer bet; they have already been vetted by years of functionality.

What you get is not necessarily what you pay for

Just because your brand new apartment or commercial space look state of the art, does not mean it is. As previously mentioned, new construction is being built with substandard materials and practices. They are put up at cheaper rates and finished faster than ever; plus, they are being rented and sold at exorbitant prices that do not reflect their physical value. The faults in new construction will ultimately cost you more in repairs than buying a structurally sound renovated space. In the end, with new construction, you are likely paying more for something of much lesser value both physically and historically.

There is no need to splurge on brand new construction, in fact, you should not. As you can see, there are many more benefits to renting a renovated historic lot rather than brand new construction. Not only will you have the allure and charm from the original historic architecture, but you will also have the satisfaction of knowing that you are living and/or working in a space that is built to last. Check out all of GM Holdings’ available properties and see what our historic renovations in Philadelphia have to offer.

Looking for Office Space in Philadelphia?

Mon, 25 Nov 2019 20:14:00 GMT

Find Office Space in Philadelphia

Locating commercial real estate available and choosing an office space that best fits your company’s needs can be an important and daunting task. A major expenditure of this type should not be rushed, and making a final decision takes comprehensive research and patience. You may choose to search for properties on your own, either in person or using the internet, or you can partner with a company like GM Holdings, LLC to help you through the process of finding your perfect office space in Philadelphia.

Determining Your Needs

Businesses each have their own unique needs to maximize productivity, which their office space will need to accommodate. The first step to buying or leasing a new office space is figuring out exactly what your company needs most. Not every company can utilize a space like the Sterling Paper Factory on Castor Ave , a massive 200,000 sq ft renovation project, but some larger companies may require significant square footage like this to conduct regular operations. Create a checklist of “must-have” features for your ideal office space, such as your budget, estimated square foot per employee, optimal location, accessibility to target customers, and workplace features like kitchens, conference rooms, loading docks, or green spaces. Remember to account for the future growth of your company when determining how much space you require to make sure that you don’t need to relocate as your business expands. If you find a place that satisfies all requirements but needs one or more of these workplace features, GM Holdings will work with you to develop custom build-outs to make the property your own.

Conducting the Search

Patience is the key to finding the best office space for you. The current commercial real estate industry is growing in Philadelphia, as a major tax abatement aims to stimulate and expand the office space market. Prices will be competitive, so leasers have the power to be selective. Ensure that you are looking at properties in multiple areas at multiple price points to develop an idea of which spaces will best fit your company’s needs. For example, if your company was looking for a 3,000 sq ft office, you would be inundated with options online and from real estate brokers. You could choose a custom-built space in a new office complex on Fox Street in Northeast Philly, as it offers competitive features and location. However, you could determine that an established updated warehouse of similar size in Northwest Philadelphia would best meet the needs you outlined, prioritizing price and proximity to I-95. Comparative research and a solid understanding of both what you need and what you can afford will lead you to the prime location for your new office.

Choosing an Office Space

Before you can make your final decision, you’ll need to review and negotiate your lease. First, understand the three types of leases for commercial office spaces: Full Service, Net, and Modified Gross.

Once the type of lease is determined and monthly expenses are reviewed, you must negotiate the base rent, length of the lease, terms of use, reasons for termination, and future changes to the contract. By discussing and reviewing specifics about these items in your lease contract, you ensure clarity moving forward.

Regardless of how you find it, new office space is a major investment for any business. It is sure to take time and effort to locate and negotiate a property perfect for your organization, and if you choose to enlist the help of a real estate management company like GM Holdings, LLC, we can ensure that we’ll be with you every step of the way to make sure you get the best deal on your dream office.

Apartments with Parking in Philadelphia

Thu, 07 Nov 2019 14:03:00 GMT

Apartments with Parking in Philadelphia

Parking in any big city is a production. In Philadelphia, it’s an expensive, risky feat. For starters, the Philadelphia Parking Authority (PPA) are arguably the most well-organized governmental agency in the city. If your car is found parked a few minutes over your allotted time, there’s a good chance you’re going to receive a ticket. You can’t tell what the parking regulation signs are saying? You’re not alone! The signs are so jumbled and confusing, it’s like they’re trying to trick you. If you’re thinking about avoiding PPA and their tickets by parking in a public garage, you’re looking at $18-$40 in garage fees depending on where you are and how long you stay. PPA isn’t the only threat brought by parking on the city streets. Sideswipes, break-ins and getting stuck between two parked cars who don’t care if you have room to get out are all you have to look forward to. Read on to learn more about finding apartments with parking in Philadelphia.

The Solution

Lucky for you, we have a solution. Located at 3450 J Street, the J Street Lofts offer everything city dwellers could imagine in one building. The newly constructed lofts offer a large garage for residents to park. Keep your car off the streets and out of the overpriced public garages! When you sign on to lease an apartment in the J Street Lofts, access to the private garage is included in your rent. If you don’t own a car, you’re still in the right place. The lofts are just a couple blocks from the train station.

J Street Perks

The lofts include more than just exclusive parking and public transportation walkability. When you rent an apartment in the J Street Lofts you can expect numerous luxurious perks at an affordable price.

You’ll never have to worry about security in these lofts. There will always be a security guard in the lobby, 24 hours a day, 365 days a year. The building is accompanied by a large, outdoor patio that is perfect for entertaining your guests, meeting your neighbors or simply relaxing in the sun. Also available to all residents is a spacious gym equipped with cardio machines and free weights.

Inside your apartment, you can look forward to spacious rooms with modern designs. The large windows provide ample natural light during the day and a stunning view of the city at night.

Our Properties

Safe, affordable and elegant. Take a look inside GM Holdings’ available properties that include private parking and many more amenities.

1822 E Glenwood Ave Unit 105 – Just Leased!

This gorgeous, clean-cut 1 bedroom apartment is conveniently located within walking distance to the train in a gated community. You can enjoy a spacious bedroom with a full bath, large closet space and windows for ample sunlight. Connected your grand living space is a full kitchen that has a bar style countertop and updated appliances. There is a large gated common outdoor area for all tenants to use as for entertaining, socializing or relaxing. Each lease comes with a parking spot in the gated lot for your convenience. All properties are under 24 hour security and surveillance for your comfort and safety.

3450 J Street Unit 210

This stunning bi-level apartment allows you to stretch out. It offers a full kitchen with luxurious quartz countertops and stainless new appliances; perfect for entertaining friends and family. The exposed brick walls compliment the modern fixtures to create an elegant, industrial design. The large windows provide lots of natural sunlight in the living room. Upstairs on the second floor you will find a size-able bedroom that contains enough space for a king bed and an office desk. The bathroom on this level has updated appliances and a spacious shower.

3450 J Street Unit 201

Take a look inside one of our gorgeous units in the J Street Lofts. Unit 201 is an expansive 1 bedroom apartment that is located within walking distance to the train. Some of the many perks that come with renting an apartment in the J Street Lofts is the in-house washer and dryer and private parking. The unit also comes with access to the gym and large common areas both indoor and outdoor to meet all of your entertaining needs. The lofts are secured all day, everyday of the year by certified security guards, ensuring that you are able to and feel safe within your own apartment.

If you or someone you know is struggling with parking at their home in the Philadelphia area, GM Holdings has the solution. Our gorgeous and affordable units have private parking garages as well as security guards and private gyms. Don’t miss out on these one-of-a-kind units, they are going fast! Call us today to schedule a showing or visit our website to view the rest of our available properties for rent: (215) 425-4475.

What to Consider When Moving to Philadelphia

Wed, 09 Oct 2019 21:45:00 GMT

What to Consider When Moving to Philadelphia

Living in Philly

“City of Brotherly Love” is a fitting title for Philadelphia, a vibrant and welcoming community known best for its rich historical background and passionate sports fans. As the 6th largest city in the United States, Philadelphia offers a wide variety of opportunities and resources to residents and visitors alike. Moving to a new city can be a daunting task, but figuring out the right place for you can be easy if you ask the right questions.

Where Should I Look in the Philadelphia Area?

Philadelphia has a plethora of great neighborhoods, each of which offers distinct value to homeowners.

North Philadelphia features affordable, up and coming neighborhoods like Fishtown, Brewerytown, and Northern Liberties. Here, residents can find cozy new restaurants and breweries among the many newly renovated commercial buildings and living spaces that line the streets.

The Center City neighborhood is truly the heart of Philly. Neighborhoods like Rittenhouse, Chinatown, and Old City attract visitors and homebuyers of all demographics with national historic sites, an extensive high-end shopping district, and a wide variety of culinary and entertainment options. The area is safe and easy to navigate on foot or using public transportation, is home to many of the largest employers in the city, and hosts several exciting events throughout the year, including Made in America and Center City District Restaurant Week.

Despite the classic tale of the Fresh Prince, West Philadelphia is home to some of the most beautiful views in the city. West of the Schuylkill, Fairmount Park is the largest green space in the city. The park has over 2000 acres of land and stunning views of the Philly skyline from afar (We’d recommend Belmont Plateau!). The Centennial District boasts the Philadelphia Zoo, while University City acts as the central hub for young adults at Drexel University and the University of Pennsylvania. This area is an excellent option for young adults and nature lovers who want to experience Philly without sacrificing the outdoors OR their budget.

South Philadelphia offers a large variety of experiences and communities to homeowners. Containing the famous South Street, Italian Market, and sports complex, visitors and residents fully immerse themselves in everything that makes this city special. Grab a Jim’s cheesesteak, Chickie’s and Pete’s crab fries, or Ralph’s veal parmesan while exploring the diverse, progressive environment and gorgeous public and private art venues.

Apartment Hunting in Philadelphia

If you’re looking to move to Philadelphia, or already live in Philly and are looking for a change of scenery, hit us up! We have beautiful apartments available in a variety of Philadelphia neighborhoods, including Harrowgate, Fishtown, and Northern Liberties. If you don’t see exactly what you’re looking for, contact us and we’d be happy to help you find your new Philly home.

Working in Philadelphia

Philadelphia is an industry leader in energy, life sciences, healthcare services, financial services, manufacturing, and many other critical fields. With the highest number of biomedical engineering degrees in the nation, as well as America’s top business school (Wharton at the University of Pennsylvania), Philadelphia is a booming economy with job opportunities in many industries. ( https://selectgreaterphl.com/key-industries/ ).

The Commute – SEPTA

Philadelphia is (unfortunately) not exempt from the challenges of densely populated urban environments, especially frequent construction and limited parking. Getting to work, or any destination, can be a daunting task in a new city, so understanding its public transportation options is vital. The Southeastern Pennsylvania Transportation Authority (SEPTA) consists of a regional rail system to nearby suburbs and destinations in the Great Philadelphia Area, public bus and trolley routes within the city, and rapid transit subway lines running North-South and East-West, intersecting at City Hall. Purchasing passes and tickets for these services is easy to do online and at the stations, so get busy finding your way around!

Education

For families with children, education is a significant factor when deciding where to live. Philadelphia has many school districts for K-12, along with exceptional universities for higher education pursuits. Central High School is one of Philadelphia Public School’s best within the city, along with Lower Merion School District outside of West Philly (alma mater of Kobe Bryant!). For exceptionally high achieving students, the Julia R. Masterman School is one of the most prolific secondary education institutions in the state ( https://www.usnews.com/education/best-high-schools/pennsylvania/districts/school-district-of-philadelphia/julia-r-masterman-secondary-school-17216 )

For college students, Temple University in North Philadelphia and the University of Pennsylvania in University City offer valuable higher ed opportunities in a multitude of disciplines and majors.

Port Richmond Neighborhood Guide

Thu, 22 Aug 2019 15:06:00 GMT

Port Richmond Neighborhood Guide

Port Richmond is bounded by Frankford Creek and the Delaware River on the northern and eastern. Lehigh Avenue borders it to the south and Frankford Ave to the west. The neighborhood is primarily called home by blue-collar, family-oriented people who have lived there for generations. But, this quiet community is quickly evolving. Read on to learn everything you need to know about the neighborhood in our Port Richmond neighborhood guide.

Port Richmond Cost of living

Because it is generally cheaper than Fishtown and much less crowded, it is quickly becoming a hub for young professionals that need to commute into Center City for work. The rental market is valuable in Port Richmond as many newly-renovated, one-bedroom apartments go for $800 a month. For example, The Loom Philly is a previously abandoned warehouse that has been restored and turned into contemporary studio apartments and small offices.

If you’re interested in buying a home, you won’t have to shell out a lot of money. Also, the median sale price for a three-bedroom, one-bath home a mere $165,000, giving young families financial flexibility.

Cultural Value

Another pull towards this community for young people is the cultural diversity. Maryann Trombetta, President of the Port Richmond’s town watch- describes the neighborhood as, “a diverse mix of immigrant groups (Polish, Irish and Italian) whose rich ethnic traditions and cuisines contribute to the area’s vibrancy.” All walks of life are welcomed and celebrated in this community. The mesh of ethnicities in Port Richmond has attracted many new faces who are looking for a safe haven in our seemingly divided nation.

Things to do in Port Richmond

A walkable downtown has been created by new small businesses such as Bait & Switch , an award-winning seafood spot and the River Wards Cafe , joining established favorites like Tacconelli’s Pizza and Serpico , a fine-dining hot spot. You certainly don’t need a car to enjoy yourself in this neighborhood. You also won’t need one to get to work. The train and bus route will get you anywhere in the city in 30 minutes or less. With affordable housing, diversity and lots of great bars and restaurants, the easy public transportation system is the cherry on top of Port Richmond.

Average Rent in Philadelphia

Fri, 19 Jul 2019 15:41:00 GMT

Average Rent Cost in Philly

Currently, the average cost of rent for an apartment in Philadelphia is $1,591 and the average apartment size is 797 square feet. Compare that to the huge rent prices in a city like Chicago , Philadelphia is seemingly an affordable place to live. With that being an average, there are obviously places far below and far beyond both of those numbers. Studio apartments are going to be below the average price, one-bedroom apartments will be about the average, and two+ bedrooms will be above average. Let’s take a closer look at what rent and living looks like in a few of Philadelphia’s most popular neighborhoods .

Fishtown and Northern Liberties

The average rent in these neighborhoods is $1,858 a month. Fishtown and Northern Liberties are on the rise as some of Philly’s most desired neighborhoods for young hipsters, professionals and students. The community is on the up and up thanks to new residential construction that is moderately priced. If you’re into music or beer, the rent is worth it; both neighborhoods boast breweries and legendary music venues like.

Fairmount

With an average rent of $1,919 a month, Fairmount is home to the more established family or individual. When you think of a city, you don’t think of plush, green parks. That’s why living in Fairmount so attractive. Not only are residents a Septa stop away from the excitement of Center City, most have an easy walk or ride to the park. Other contributions to the increasing rent in Fairmount include attractions like the Philadelphia Museum of Art , Boathouse Row and the Eastern State Penitentiary .

Old City

Old city is arguably the most historic town in Philadelphia. It still has some 18th century cobblestone streets and it sits next to independence hall, where our country’s Founding Fathers declared our freedom. Because its borders are the Liberty Bell and Penn’s Landing , and it has beautiful, brand new construction, the average rent is $2,190 a month. The uppity district is filled with clothing boutiques, art galleries and farm-to-table restaurants.

Rittenhouse Square and University City

Two of the most sought after communities in Philly are Rittenhouse Square and University City. Both have rents that average about $2,400. Because Rittenhouse is so close to the main drag of Center City and the Reading Terminal Market , it’s no surprise that the rent is expensive. University City, the heart of West Philadelphia, gets its name from harboring Drexel University and the University of Pennsylvania. It’s proximity to the schools makes it a coveted location for diverse youth.

Kensington and Harrowgate

Some of the cheapest rent in the city can be found in Kensington and Harrowgate. The average rent for a one-bedroom apartment in these neighborhoods is $768 a month. These prices are due to the poor public school system. If you aren’t raising children, it may be a great idea for you to move into either of these communities. You will find that you are saving money and the commute into Center City is effortless. Although both neighborhoods are being quickly revitalized, eliminating crime and new residential buildings don’t happen overnight.

A Guide to Renting in Philadelphia

Fri, 19 Jul 2019 15:28:00 GMT

Everything you need to know about renting in Philadelphia

Finding the perfect place to rent isn’t always easy, but there is hardly a neighborhood in Philadelphia that doesn’t have something to offer. Whether money is not an issue or you are living pay-check to pay-check, all renters have to deal with landlords, security deposits and insurance. This renters guide will take you through the ins and outs of renting in Philadelphia.

Neighborhoods in Philadelphia

If you are already familiar with the city and know where you want to live, you can skip this section. If you don’t have a clue, a fun first step is to take this quiz that matches you to a neighborhood in Philly based on your income and favorite activities. The next step is to visit the neighborhood you’re matched with. Ride through it in a trolley, on your bike or walk around it.

Take note of what you love and what you don’t. Ask yourself questions like: Are the people in the community-friendly? What will my commute to work look like? Is there a grocery store or farmers market nearby? Finally, can I see myself living here? If the cons outway the pros, move on. There are plenty of other neighborhoods to explore in Philadelphia .

Finding a place you love

Once you know what neighborhood you’re going to rent in, you need to find a home! During this process, you are likely thinking of three main factors; price, quality, and location. If you are trying to save money, you will probably need to sacrifice either quality or location.

Gentrification has brought many new beautiful residential buildings into the city of Philadelphia. These buildings come with increased rent in and around the building. Luckily, there are still good deals out there! Depending on the quality and location you’re searching for, rent will usually range from under a grand to upwards of 3,000 a month. Your best bet is to browse sites like Rental Beast , Trulia , Zillow and Padmapper . These sites allow you to search by size, price, and amenities.

It’s all fun and games until you find the house you like and have to start paying your landlord.

What your landlord is responsible for

If you know someone who has rented in the past, I’m sure you have heard horror stories about greedy and lazy landlords. It’s important to know what you’re entitled to when it comes to renting. Tenants have the right to a safe and habitable environment. Below is a list of basic requirements your landlord is responsible for in Philadelphia.

Knowing what your landlord is legally accountable for will give you leverage when you need them to fix or replace something within your complex. For a complete list of your rights as a renter visit the City of Philadelphia Partners for Good Housing . If your landlord refuses to adhere to these prerogatives, you should file a claim with Philadelphia’s Department of Licenses and Inspections . Another tip here is to rent through a good property management company that will take care of maintenance for you.

Security deposits

Prior to moving in your landlord can charge you up to two months’ rent, according to Pennsylvania’s landlord-tenant laws . A security deposit is your landlord’s insurance in case you damage the property or skip out on rent. If you don’t meet the lease’s requirements, your landlord is entitled to withhold your deposit or deduct from your return. So, be sure to read your contract before signing it and once more before moving out.

The good news about the deposit is that it’s refundable if you hold up your end of the leasing agreement. The landlord is obligated to return your money in full no more than 30 days after you have surrendered the property. Surrendering the property implies you have removed all of your belongings from the grounds and have returned the keys.

The benefits of renters insurance

Although another bill to pay may be a tough pill to swallow, imagine the cost of replacing all of the items in your house should disaster hit. While your landlord is responsible for the payment of a repaired leak, they are not obligated to pay for damages to your personal property due to said leak. That’s where renters insurance comes in handy. Renter’s policies can be purchased from several reputable insurance companies such as Geico , Allstate , Progressive and State Farm .

The policy is pretty straightforward; your renter’s insurance will cover the losses from the contents of your home up to the amount you are insured for. It will also cover your liability for damages you are responsible for. For example, if you overran the bathtub and flooded your bathroom, that’s on you. But, if you have a decent renters insurance policy, you’re covered and ready to start renting in Philadelphia.

Welcome to Philly, make yourself at home!

Philadelphia Real Estate Tax Guide [2019]

Fri, 21 Jun 2019 15:22:00 GMT

Real estate taxes can be complicated, especially figuring out exactly what you owe, and why. We put together this guide so you can quickly get up to speed on Philadelphia real estate taxes without skimming through a 74-page PDF from the Department of Revenue.

A property tax is a municipal tax levied by counties, cities, or special tax districts on most types of real estate – including homes, businesses, and parcels of land. The local governments impose these taxes fund school districts and make industrial repairs.

So you’re looking to move into Philadelphia , how much is this going to cost you?

Tax Rate and Property Assessment

The market value of the home determines the property tax. The Office of Property Assessment (OPA) will establish the value of the property and from there, you will be responsible for 1.3988% of the assessed value. The OPA assess properties based on their size, age, location and use (home or business).

The tax bill is issued on the first day of the year and payment is due before/on March 31. However, if you pay before the last day of February, you are entitled to a 1% discount. For example, if your property is assessed at a $250,000 value, your annual property tax will be about $3,497. At this value, paying before the last day in February will save you around $35.

If you disagree with the assessed market value of your property, you can file an appeal with the city of Philadelphia.

It would be who of you to pay your taxes on time if not early. Should you fail to pay your property taxes on time, the city will charge you with interest. The additional payments will accumulate at the rate of 1.5% per month, beginning April 1 until January 1 of the following year. If you find yourself withholding payments until January 1st of the following year, the city of Philadelphia is entitled to:

Tax Reductions

With rates as low as 0.90% within the state of Pennsylvania, Philly is certainly not the cheapest county to own property. Fortunately, if you qualify as low income or are a senior, the city will work with you on the amount and date of payment.

Installment plans can be made for residents who are in the lowest tax bracket based on their monthly income. While you are typically supposed to have the payment in by March 31, those who are eligible can pay their property taxes through installments over 12 months. You do not qualify for the above installment plan if your household income per-person is greater than the amount below.

https://www.phila.gov/services/payments-assistance-taxes/payment-plans/real-estate-tax-installment-plan/

Specifically for seniors, the city of Philadelphia will freeze property taxes. If the rate of property tax increase, seniors can pay the rate they originally purchased the house with. You are entitled to a property tax freeze if you are:

Tax Exemptions

Similarly to property tax deductions, some people in Philadelphia are exempt from paying this tax completely. Non-profit organizations with storefronts are not required to pay a property tax. Also, in order to encourage the rehabilitation of neighborhoods, Philadelphia offers abatements during the duration of construction. The city is also sensitive to catastrophic loss . If a fire or natural disaster affected your residence or business, you are not obligated to pay a property tax while it’s being repaired.

Just about anywhere in the world, the newer, bigger and more luxurious your property is, the more you will pay. The same is true in Philadelphia.

How to Stage a House Properly

Fri, 21 Jun 2019 15:15:00 GMT

How to Stage a House Properly in 5 Simple Steps

Moving is one of the most stressful parts of life. By completing these 5 steps before prospective buyers view your home, you can rest assured you are putting the best version of your house on the market.

Staging a house is a strategic process that involves cleaning and rearranging the inside and outside of your home. Some of you are probably thinking why do I need to stage my home when I will be emptying the place before anyone moves in? The answer is simple: a staged home invites buyers to envision themselves living in the space. If your house is a mess and smells like kitty litter, buyers will be distracted from its genuine value. Even if you keep a tidy household, it’s not ready for buyers to visit.

While it can be a bit time consuming, it is well worth it. The National Association of Realtors reported that staging a home greatly decreases the amount of time the home is on the market. If that fact is not compelling enough, the same report shows that staging increased the number of money buyers offered between one and five percent (compared to similar homes on the market that weren’t staged).

1. Bye, Bye Clutter

Say goodbye to the refrigerator magnets and picture frames. Decluttering your home is the first and foremost step to a perfectly staged home. This does not mean shoving all of your clothes and knick-knacks into the closets and cabinets – buyers look in there too!

If purging all of your ancillary household items sounds like a nightmare, think of it as a head start on packing!

2. Deep clean

After your house is decluttered, the next step is to do a deep clean. Start by opening up all of the windows to get fresh air circulating throughout the entire house. Nothing will put off a buyer more than an unfamiliar must. Odors from pets, food, and bathrooms should all be eliminated. Spraying a mild air freshener is always a good idea, too.

With a fresh scent in the air, it’s time to get down to the nitty-gritty. From the grout in your shower to the streaks on your windows, every surface in your property should be sparkling. Bathroom/kitchen appliances and all countertops should be spotless. You’ll need a dust rag and a vacuum for the finishing touches. If you have a large home, it’s worth hiring help! It’s important for potential buyers to feel they’re moving into a space that has been maintained.

3. Curb appeal

Although it is not always the right thing to do, humans will naturally judge a book by its cover. This means potential buyers make their first impressions of a home before they enter. If a buyer pulls up to a visibly unkept exterior, they won’t be as enticed to see what’s outside. Here are some things to keep in mind when increasing your home’s curb appeal.

4. Optimize your space

You decluttered in step one, so the room that used to hold all your random unpacked boxes and racks of clothes should already be empty. Now you need to turn that unused room into a functional space. This does not have to mean designing an entire room! Don’t be afraid to keep it simple by adding a chair and desk. But you can make your home stand apart from the others even more. It’s as easy as throwing in some free weights, a jump rope, and a yoga mat to stage a home gym. You could also put down some large pillows, a shag carpet, and hanging string lights to emulate a meditation room. The possibilities are endless for this one.

5. Finishing touches

The hard part is over; the junk and gunk are gone, your exterior is gorgeous and you have repurposed the storage room. The final step to staging your home is critical. When you think you have everything just right, do a final walk through, looking at everything through a visitors lense. Be certain that all closets and cabinets are organized, all bookshelves are dusted and carpets vacuumed. Standing house plants in the entryway, flowers in a vase on the dining room table, and a plate of homemade cookies on the kitchen counter are the perfect finishing touches to your staged home. Oh, and don’t forget to take out the trash!

While it might cost you a few bucks, staging your home for potential buyers will profit you in the long run. With proven decreases in time spent on the market and increases in offers above the listing price, staging your home is a must.

The History of Fishtown, Philadelphia

Fri, 21 Jun 2019 15:09:00 GMT

The Rich History of Fishtown

Fishtown’s Early Days

The history of Fishtown begins on the water. Fishtown sits within the triangle created by the Delaware River, Frankford Ave. and York St., just three miles northeast of Center City. With such an authentic vibe, it’s hard to imagine this neighborhood has worn so many masks. Before Fishtown was a hotbed for beer connoisseurs and yogis, it was indeed a fish town .

In the 1700s the town adopted its deserved name from early settlers who were mostly English and German fishermen. The bounty of shad fish living in the Delaware River prompted these settlers to buy out the Leni-Lenape tribe for their land and grow roots. Over the next century, five families from the original colonists bought or leased plots along the shore. By 1875, these families controlled both sides of the 100-mile stretch of river. These working-class fishermen set the tone for the community for centuries to come.

Post-Industrialization

Industrialization was the leading force of Fishtown’s economy. Industries ranging from textiles to shipbuilding to electrical power plants made Fishtown the quintessential spot to find work and take up residence in the early 1900s. It was not until after the Great Depression and WW2 that the Fishtown and the city of Philadelphia has a whole, found themselves in a deindustrialization crisis. Deindustrialization is the process of social and economic change, which is due to the reduction in industrial capacity.

Without the means for industrial growth, the job opportunities ran out, and the early settlers headed for the suburbs. Those who stayed only did so because they could not afford the transition. Soon, Fishtown became one of Philadelphia’s most undesirable places to live. For the last 30 years, the once prospering neighborhood has been littered with vacant buildings and infested with crime.

Until now.

Fishtown’s Revitalization

Today, more than half of the residents in Fishtown now work in professional occupations, up almost ⅔ from two decades ago, according to a 2016 report from Pew Charitable Trusts . This means that the previously working-class filled community now has a more educated population. Progress follows education.

Fishtown has made a miraculous comeback physical as well. The streets are clean and the walls are painted. The transformation spurred from higher-income creatives who saw potential and took advantage of the affordable properties . Progressive millennials and baby-boomers alike entered the community and replaced old businesses with new ones.

Today, Fishtown is home to some of the city’s hippest residents, restaurants and recreation.

Frankford Avenue quickly rose as the new retail and social hub of the community. It is boasting coffee shops and wine clubs , foodie favorites like taco, http restaurants and even a Lululemon . Not to mention Johnny Brenda’s , the all-encompassing bar that serves locally brewed beer and farm fresh meals until 1 a.m while showcasing live music.

Few neighborhoods have gone through changes as dramatic as Fishtown. The water-front settlement turned crime-ridden community is now a snapshot of Philadelphia’s best.

Predicting Philadelphia’s Future

Tue, 04 Jun 2019 20:23:00 GMT

Far too often, the City Of Brotherly Love is an overlooked gem in the Northeastern Megalopolis. It is the 2nd largest city on the Eastern Seaboard, the 5th largest city in the United States. For Philly, the last 5 years have been huge in terms of development.

Despite ominous predictions of nationwide housing market slowdowns in 2019, it seems that Philadelphia is one of the cities that will continue to thrive for the foreseeable future. Read on to learn why.

Rising Interest Rates

In the past three years, 30-year mortgage interest rates have boomed from three percent to five percent. Through 2019 alone, experts predict that these rates could rise multiple percentage points. This is bad news for any prospective home buyers on a modest budget, but good news for sellers who are looking to squeeze the most out of their home’s value.

This slight boost is a far cry from the early 1980s when mortgage rates hit their peak at 18.1%. Experts predict a bump to 5.8% by the end of the year, which isn’t quite as drastic as past rate hikes, but it’s still a steady climb which anyone interested in the Philly housing market should watch out for.

Cooling Housing Markets

Through both fiscal quarters of mid-2018, home values in Philly appreciated zero percent, meaning that no significant value gains or losses were made in home costs. By comparison, home values experienced a significant 12 percent post-Recession rise from the 4th Quarter of 2016 through the 4th Quarter of 2017, indicating that present real estate values are moving toward a slowdown. However, home values in Philadelphia’s surrounding suburbs experienced a 2.2% uptick. Whether or not this rise is indicative of a continual pattern remains to be seen. Once again, this is a sign that while the local market looks murky and iffy for home buyers , it does appear to be trending toward a bright future for home sellers.

Stabilizing Rent Costs

With all the economic pressures that come with buying, maintaining, and selling a home in the greater Philadelphia, it seems that apartment living spaces or rental homes would experience an unprecedented rise in demand. While that is true to an extent, it seems that more property developments must be made before rent prices rise up with that demand. Since last year, nearly 4,000 apartment properties have been declared “in progress” according to a 2018 report , as more and more ongoing projects concurrent with city revitalization efforts are coming into fruition.

Granted, certain rental prices appear to be on the rise, but these sporadic spikes may just be a side effect of the increase in rental properties and concessions. This leveled out market means that it’s a better time than ever for renters to get in now, and when demanding renters finally meet the supply of these new residential spaces, their subsequent prices will level out, without any unexpected fluctuations.

Slowing Construction

Post-pecession unit growth has escalated higher than it ever has, but like mortgage rates, it still hasn’t ascended anywhere near it’s pre-2000 peak. And, like other real estate market trends, experts foresee this construction slowing down, for better or worse, even whilst the city invests hundreds of millions into multiple revitalization efforts. While these efforts have by and large wrought provable success stories such as Harrowgate , Fishtown, or one of many redeveloped neighborhoods to blow up in the city as of late, the construction industry is still burdened under the weight of increasing material costs and increasingly shortchanged labor to implement those materials into their construction works.

Conclusion

In conclusion, the Philadelphia real estate market, though facing many slowdowns like the national real estate market, is not being totally hastened by these slowdowns; remember that slowdowns aren’t necessarily synonymous with stagnation. As a matter of fact, the door is opened wider than ever for more and more renters to meet the demands of the burgeoning rental market, and new luxury developments aside, it doesn’t seem that any massive rent upticks will be a concern anytime soon.

We are proud to work with some of the foremost developments in these rental ventures, including the renowned J-Street Lofts : visit our Residential Properties Page for more information and in-depth listings.

Open House & Property Showcase

Wed, 08 May 2019 15:14:00 GMT

At GM Holdings, we manage some of the finest affordable luxury properties in Philadelphia. Whether you’re an investor, an entrepreneur striving to get their business off the ground, or a renter simply looking for a fresh, exciting start, we have spaces available that are perfect for your needs.

You can start on our managed properties pages for our residential and commercial rental listings. On Sunday, June 2nd, you can visit our office and see those properties for yourself! From 12-4 P.M. at 2209 N American St., we will be holding our first ever Open House and Property Showcase! Whether you’re looking for a new office or an affordable, luxury apartment, this is a great opportunity to view some of these incredible spaces firsthand. From Kensington to the luxurious J-Street Lofts in Harrowgate, to Fishtown and other neighborhoods , this is a city brimming with excitement and promise, and we would love to have you be a part of it!

As well as having some of Philadelphia finest commercial and residential properties on display, we will also be serving food and beer. We hope to see you there!

What Is The Next Philly Neighborhood To Blow Up?

Fri, 03 May 2019 17:49:00 GMT

Normally, when people speak of booming revitalization in Philly, they typically focus the spotlight on Fishtown as a shining example of its success, and for very good reason. However, the recent success in Fishtown has left some wondering; what is the next big revitalized Philly neighborhood to blow up? There’s more than one answer to that question, but to learn more about all of them, read on below.

Olney

Out of all the examples of how Philadelphia neighborhoods can blend as diverse, beautiful, harmonious, and thriving cultural melting points, Olney is perhaps amongst the best of the best. Residents and tourists alike don’t have to venture far to find eateries with authentic cuisine tastes from Mexico, Jamaica, Korea, Colombia, and elsewhere. The numbers don’t lie either; as of 2015, approximately 35% of Olney residents were born outside the United States.

North 5th Street has built a reputation for itself as an incredible hotspot for immigrant entrepreneurs to shine, strive, and move closer toward realizing their own American dreams. Along with small businesses, the neighborhood has been home to several community centers for people to find common ground, connections, and solidarity. To top it off, for as low as $750 a month for renting a single bedroom residence, it’s a remarkably affordable option for those who want city life without some of the higher city prices.

Brewerytown

The name harkens back to none other than the 19th and 20th Century breweries that dominated local business in this area, but while there’s still plenty of good, noteworthy craft beer places like Rybrew in the area, they’re far from the only noteworthy thing in the area. For starters, with SEPTA all over the area, Center City a mere 15 minute drive (or 25 minute walk) away, and the Art Museum, Fairmount Park, and Philly all in walking distance, it’s remarkably easy to get around. It wouldn’t be a new Fishtown contender without overwhelming food options, retail options, and dozens of new developments arising in such a short time, most notably, the 31 Brewerytown Luxury Apartments . Yes, there’s plenty of good eats to compliment Brewerytown’s good drinks, and with rents as low as $475 or $635 a month, you don’t need to shell out a lot to get in on the action.

Harrowgate

For over 200 years, Harrowgate has prospered as a lively, diverse, and promising community, and it’s only looking to be on the up and up. Moreover, given that it’s situated only a few blocks from the Tioga El Subway station, residents are privileged with an easy, convenient throughline to the rest of the city. Like the other neighborhoods, Harrowgate has started to become a great epicenter of authentic multicultural foods and Vietnamese coffee , though revitalization efforts have really shined through on the residential front: one of the most prolific complexes to lead this neighborhood real estate resurgence has been George Manosis’ J-Street Lofts , offering luxury city living at affordable rates. If you wish to seek further information about the J Street Lofts, please visit our Residential Properties page for more in-depth listings. If you have any more general inquiries, please visit our Contact Page and fill out the form for a prompt consultation. No matter which neighborhood you decide to call home in the end, happy hunting!

What To Look For When Choosing A New Office

Fri, 03 May 2019 17:36:00 GMT

Trying to get a new startup or small business off the ground as an entrepreneur can be a stressful process. You’ll also need to find an adequate location to start or grow your company. A great workspace will make a pivotal first impression on your employees and clients, and given that the typical commercial lease lasts for 3-5 years, you’ll also need to consider a location that meets both your present and future needs before you make any commitments.

At GM Holdings, we aim to make the leasing process easy and to help you find the perfect office space. If you are an entrepreneur in the Greater Philadelphia area, we have an entire page devoted to our commercial properties for rent. For further assistance in searching for an office space, you can fill out our Contact Form or call our offices at 215-987-6477. Regardless of where you’re based, here are some factors to consider when looking for any new office space.

Location

To offer an effective workspace for your employees, you’ll want it to be based in a location that they feel comfortable going to and from. Consider factors such as the region’s safety and security, transit/transportation accessibility, as well as the things surrounding the office itself. Supplying enough parking spaces is crucial, and having plenty of dining or fitness center options during lunch break, or bars and nightclubs to spice things up after work, go a long way to make the work week feel less like a monotonous cycle for your clients, employees, and yourself.

If you’d rather opt for a cheaper, suburban office space with fewer means of public transit, make sure that the lighter lease is worth the tradeoff of fewer clients and employees who may not be willing to drive. Even with the luxury of remote work facetime, in-person meetings can still be a crucial facet of building a sense of rapport between you and your associates.

Cost

This one’s a tricky tightrope to walk. Set too low of a budget and you risk having an office that is insufficient in size and quality. Spend too far outside your comfortable budget zone, and you risk being unable to keep up the rent and other business expenses. Before you even think about putting your John Hancock on that lease, always account for the FULL cost of what you’re getting, including rent, utilities, construction, moving costs, and some of the less overt, more unwritten costs such as parking or maintenance.

Consider if you can afford at least the initial security deposit and first three months of rent. To ensure that you’re truly getting the best deal for your buck, always consider the prices for similar spaces in the area.

Size

As a general rule of thumb, it’s recommended that you allot 70 square feet of workspace per person. Depending on your staff’s other needs, such as the size of meeting spots, break rooms, or any additional storage or desk space, you may want to bolster that square footage.

To maintain inclusivity, you also want to ensure that your landlord’s office space is compliant and up to snuff to the Americans With Disabilities Act. Doors to office suites must be at least 32 inches wide, take fewer than five pounds of force to open, and that all conference tables span 27 inches or higher to accommodate wheelchair accessibility. For a more comprehensive, helpful overview on all of the ADA’s compliance standards, view their official employer checklist here .

Infrastructure

Before you commit, always ask the landlord or property manager for an ISP speed test, and if the space is a shared complex for other businesses, don’t be afraid to ask around about their prior experiences with the infrastructure.

Printed documents and traditional mailed paper materials may hold less priority or importance in the modern age, but nevertheless, any sort of postal services are still an added plus to keep your workflow moving. Always ask if the property has a dedicated postal address, and beyond communication infrastructure, you’ll also want to consider if a space will allow you any freedom over customizing your physical infrastructure. Hung paintings, pictures, or wall decorations may not be a vital necessity quite like the other priorities to look forward to, but nevertheless, it can still be a useful tenant of bolstering company branding and making your business stand out.

J Street Lofts: Apartments For Rent In Harrowgate, Philadelphia

Thu, 02 May 2019 17:15:00 GMT

If you’ve followed recent real estate development in Philadelphia, you’ll see exciting reinvestment and revitalization underway in many neighborhoods throughout the city. One recent pioneer in this regard has been Kensington developer George Manosis, whose J-Street Lofts have been reinventing the luxury apartment market in the neighborhood of Harrowgate.

Perhaps unfairly characterized as an underprivileged neighborhood, Harrowgate’s reputation has recently been reinvented to a diverse, thriving, and increasingly safe community for Philadelphians who are looking for luxury city living at a more affordable cost.

At the forefront of this prosperity, of course, has been our own J Street Loft complex: with 64 (soon 88) units for rent, these lofts are a perfect combination industrial style and modernity. Each unit offers renters incredible space at an incredible value, with a 980-1400 square foot range, a ceiling at least 12 feet high, and a remarkable 32 feet height in the bi-level units.

Newer HVAC ductwork coexists in seamless tandem with resilient brick, pillar, and pipe systems that still run in tip-top shape to this day. Depending on the space, bedroom, or unit type you’re looking for, rent will generally run either $1400-$2400 a month, and with that lease, tenants will also be afforded access to one secure parking space in a gated lot, convenient nearby access to the Tioga subway station, an outdoor courtyard, a spacious lobby area, a fitness center, and a dog walk area. Though the complex is pet-friendly, pet policies may vary across units based on weight, breeds, or number of pets: refer to the lease agreement paperwork, or contact the leasing agent for more information.

For more information about our J Street properties for rent, you can visit our Residential Properties for comprehensive, in-depth listings of each open unit. If you have any further inquiries, you can shoot them over toward our Contact Form , or call our office at 215-425-4475.

Apartments in Harrowgate

Thu, 02 May 2019 17:09:00 GMT

Apartments in Harrowgate

The History of Harrowgate

Since 1784, Harrowgate has been one of the most culturally rich neighborhoods in Philadelphia. The neighborhood was pioneered by American Revolutionary George Esterly, who discovered that the area was a hotbed of clean, fresh spring water.

From there, Esterly established a lively, serene spa with beautiful spring gardens, overnight housing, concerts, food, coach transit, and more. Unfortunately, the spring was approximated to dry up sometime around 1800, but the future for the neighborhood has never been brighter. Now more than ever, Harrowgate is thriving as a diverse and promising community for luxury housing at affordable rates, with an 8% lower cost of living than Pennsylvania’s average, as well as the common national average.

Apartments for Rent in Harrowgate

Like many Philly neighborhoods before it, Harrowgate is the latest previously underappreciated gem to undergo revitalization, reform, and reinvestment. One of the most prominent examples of this can be found in our very own J-Street Lofts . Our owner George Manosis developed these properties to offer tenants, spacious, luxury city living at affordable, monthly $1400 rates. Alongside a 980-1400 square foot, multi-level living space, the complex offers tenants pet-friendly living, a secure, gated parking spot, a lobby, and fitness center, free of charge. In addition, the neighborhood has carried Esterly’s favorability of public transportation into the 21st century, being a mere convenient block from the Tioga el subway train station.

If you have any questions about our Harrowgate apartments, you can visit our Residential Properties page for more in-depth listings, as well as our Contact Page for any further inquiries. To reach our team directly, please call (215) 425-4475 .

1 Bedroom Apartments Available in Philly – April 2019

Thu, 04 Apr 2019 21:29:00 GMT

Top 1 Bedroom Apartments Available this Month

3450 J St Philadelphia PA 19134, Philadelphia, PA 19134

Rent: $1,700/month

1 bed, 1.5 bath

Description: This beautiful 1 bedroom apartment is located in walking distance to the train within a gated community. Enjoy a spacious bedroom, with a full bathroom overlooking a large living room with a bar style counter top and a half bath in the hallway. The property also comes with private parking, gym, common outdoor and indoor areas for entertaining guest, and 24-hour security and surveillance of the property and the gated parking lot. All locks at the property are electronic so you will never have to worry about being locked out!

3450 J St – # 110, Philadelphia, PA 19134

Rent: $1,900/month

1 bed, 1.5 bath

Description: This beautiful multi-level unit comes fully loaded with all necessary appliances including a washer and dryer. The first level has your kitchen and living space with a half bathroom. The second floor has your bedroom with large closet space and a very large bathroom with a rain-forest shower. The third floor is a nice office/den space that could be used for personal work or storage. This unit is in a gated community that includes 24-hour security and a parking lot that you will be given access to. You will also have access to a gym inside the building with a signed lease. The building also comes equipped with an electronic lock system that will prevent you from ever being locked out.

1822 E Glenwood Ave, Philadelphia, PA 19134

Rent: $1,950/month

1 bed, 1.5 bath

Description: This beautiful spacious 1 bedroom apartment is located in walking distance to the train in a gated community. The huge master bedroom comes equipped with 2 large closets with shelving and a full bathroom. There is a half bath in the very spacious living room that is connected to a large kitchen area with a bar style counter. The unit has two entrances, one street side and one towards the gated parking lot. The property is always under 24 hour security and surveillance including the gated parking lot and outdoor common area for your comfort. Every lease comes with one parking spot in the lot with additional street parking around the property.

1822 E Glenwood, Philadelphia, PA 19134

Rent: $1,600/month

1 bed, 1.5 bath

Description: This gorgeous 1 bedroom apartment is located in walking distance to the train in a gated community. Enjoy a spacious bedroom with a full bath and large closet space. There is a large living room which is connected to your full kitchen that has a bar style counter top. There is a large gated common outdoor area for all tenants to use as they please. Each lease comes with a parking spot in the gated lot for your convenience. All properties are under 24 hour security and surveillance for your comfort and safety.

Best Neighborhoods In Philly To Rent In

Thu, 04 Apr 2019 21:04:00 GMT

There’s no question that Philadelphia is a city rife with culture, good eats, and things to do . For those who want to live in a big city without the expensive price tag , there’s no question that The City Of Brotherly Love is the city for you. With roughly 10 city blocks per mile and 2,180 miles of city streets, that leaves a lot of neighborhood to choose from, and more than enough to make for a difficult decision.

No matter how familiar you are with Philly, we don’t want you to feel intimidated by all the options that are out there. We’re aware that moving can be an overwhelming, stressful process, which is why we’ve done the least we can do by providing you a guide to the best rental neighborhoods in the area . Whether you’re a recent graduate or are looking for a change of scenery, here’s what you should know.

Fox Chase

For those who feel a little torn between whether they’d rather dip their toes into urban or suburban living, Fox Chase is a great, truly underrated compromise. A happy medium junction between farmland, townier neighborhoods, and easy SEPTA transit access to the city, Fox Chase offers a little bit of everything for its residents at an extremely affordable median monthly rent ($770 as of Spring 2018, per Zumper ).

To top it off, if you’re nearby Fox Chase, you’ll be nearby highly-rated schools, a 42% lower crime rate than the national average. For renters on a tight budget seeking a diverse taste of what the Philadelphia area has to offer, they can’t go wrong with Fox Chase.

Manayunk

With hilly streets, hip eateries and bars, as well as close proximity to the new Schuylkill River Trail , Manayunk brings some sweet San Francisco flavor to the East Coast. It’s not the cheapest neighborhood in the area, with a $1,200+ median rent, but it’s one of the safest (with a 73% lower crime rate than Philly’s average), one with a great education system, and one where, with a densely packed Main Street , you’ll never get bored. With dozens of shops, restaurants, clubs, and galleries, one road alone will be more than enough to satisfy the fill of your daytime routine and nightlife alike.

Chestnut Hill

With lush, beautiful greenery, scenic parks, and more museums than anywhere else in Philly, the Garden District just about more than lives up to its nickname. At a 45% higher safety rating than the general national average and a $1400 month median rent, it’s well worth the price tag to live in a historic hub that blends nature and city living.

If you want to immerse yourself in some of the city’s shops, galleries, boutiques, and more, Germantown Avenue is packed with ten blocks worth of them. Or, if you want to immerse yourself specifically in cheese, there’s an entire store devoted to that. If you want to immerse yourself in the creme de la creme of the Garden District’s gardens and nature, then the Morris Arboretum is the way to go.

Fishtown

This neighborhood earned its namesake from the industry it was formerly a major epicenter for fishing by the Delaware. Even if you’re a renter who isn’t exactly crazy about seafood, Fishtown has a lot more to offer. In recent years, the city has bloomed into a wonderfully diverse intersection of hip art, food, and culture, the new, the unique, and truly experimental. If you want to try your hand at the sport of ax-throwing , visit a uniquely urban farm , or check out the city’s first legal medical cannabis dispensary , then Fishtown is the neighborhood to go.

It’s a tad on the pricier side for renters, with a $1,575+ monthly median is somewhat on the more expensive side, but it’s hard to deny its reputation as the city’s budding center for excitement, food, drink and a fresh new Philly feel.

Things To Do In Northeast Philly

Thu, 04 Apr 2019 17:13:00 GMT

If you’re looking for hidden gems in Philly, Northeast Philadelphia is complete with more than enough sports, sightseeing, amusements, and restaurants to experience. Whether you’re a renter, buyer, or just visiting, you won’t want to miss out on paying a visit to the Northeast. Read on to learn more about some truly incredible experiences and opportunities in the area that you won’t find anywhere else.

Attractions

If being acrobatic is your thing, check out the SkyZone for some trampoline and dodgeball fun, but if you’d prefer to fly a little higher than that, you’re welcome to visit Sky River Helicopters for some flight training. Practice your aim down the ten pins at Thunderbird Lanes , but if you’re down to practice your aim with something a little more precise and pointed, there’s always the Pistol People range or Bury The Hatchet axe-throwing, which can both be found a little further north in Bensalem. You can also purvey the Rolling Thunder Skating Center if you want a little action on the ice, but if your heart’s set on something a little more mysterious and adventurous, you could also come in (and try to find your way out of) a Trapped PHL escape room.

Sights

As the nation’s first capital city, it’s a given that you’ll find a bottomless wellspring of history in Philadelphia, no matter which neighborhood you’re in. If you want a lift through the city’s highlights, CultureTour, Starr Tours, Guided Tour Site, and other similar companies are here to help. If on foot sightseeing is more your speed, you can always stroll by the Grand Army of the Republic Museum, the Historical Society of Tacony for a little history lesson. If you’d rather experience something a bit different, you can pay a visit to the Insectarium and Butterfly Pavillion , open 9-5 on Frankford Avenue.

If you’re looking to do a little shopping or need a bite to eat, check out Philadelphia Mills mall, with over 200 stores, restaurants, and 1,776,000 square feet of space for you to shop, eat, drink, and play at your own leisure. Whether you need a quick fix of Joe, basic grocery odds and ends, that new guitar discount from Sam Ash , or a night out on the town to catch the latest films to grace theaters, then the Philadelphia Mills is the epicenter for all of these things and more.

Food in Northeast Philly

There’s no question that Philly is a city brimming with food options, whether it becheesesteaks, soft pretzels, Italian water ice, hoagies, or crab fries. The Northeast is no exception; if you’re craving Italian, garden variety pizza, sports bars, or steakhouses, Northeast Philly has them. If you want incredible food with an incredible riverfront view along the Delaware, peruse the vast menus of Three Monkeys’ or Maggie’s Waterfront Cafe and grab a bite.

If you don’t feel like braving the Center City traffic over to Fogo De Chao , the Northeast has its own incredible Brazilian steakhouse in the form of Picanha Grill . Come by the Dining Car or the Mayfair Diner for some breakfast comfort food. If you’re still clamoring for more in the evening, you can’t get takeout any more authentic than China Gourmet .

For a more comprehensive listing on all of the above (and more) things to do in Northeast Philly, we highly recommend that you read this guide from YellowPages .

How To Stop Cold Air Leaks (Proven Tips)

Mon, 04 Mar 2019 15:57:00 GMT

How To Stop Cold Air Leaks: Housewarming Tips for Winter

We put together this guide to help you save money and learn how to stop cold air leaks. It cannot be stated enough how much of costly burden air leakage is on the common household. Accounting for approximately 25-40% of the energy used on cooling and heating, leakages can be a huge money waster.

Bad ducts can leave even wider openings, sending 60% of a home’s hot air out into the open. These cost leaks can be especially brutal through weather extremes in the summer and winter.

Fortunately, homeowners and renters can seal most of these weak leakage spots on their own, without any elaborate maintenance work or the assistance of an HVAC technician . It’s easy to drain hot air out of your home if you’re not careful. It’s also easy to retain it if you take the right steps.

Seal Openings

A household can contain a plethora of openings for cold air to seep through. The common sense starting point is to focus on doors and windows. Don’t unnecessarily leave them open and double check that you aren’t letting a draft creep through their crevices. There are multiple ways to test air pressurization, but one of the simplest involves placing a dollar bill under your window or door. If you can effortlessly remove the dollar with no “pull” behind it, then that’s a sign that those gaps need to be sealed tighter.

Pulley seals, rubber adhesive, sweeps, and temporary caulk can all be effective solutions to alleviate door and window drafts. The strongest form of sealant is bronze weather stripping. While far more expensive and time-consuming to install, is capable of lasting for decades.

Typically, building codes require at least 1-2 inches between wood paneling and chimney flues, but even a small gap can let hot air out and cold air in. The main opening can be sealed relatively easily with a fireplace draft stopper plug. Whether it’s undertaken as a DIY project or outsourced to a licensed contractor, apply silicone caulk or install aluminum flashing around the chimney.

Look for the Less Obvious Cold Air Leaks

As tedious as it can be, you may need to do an additional inspection to take care of all the cracks and air leakage inside and outside your home. Common exterior regions where cracks and gaps can open up include exterior corners, outdoor faucets, the areas where siding and chimneys overlap, and any region where the foundations and sidings meet.

Less overt spots for potential interior gaps include electrical lines, outlets, switch plates, vents, basement foundation, and attic hatches. You can plug most of these interior and exterior openings with caulk or foam sealant. You should take care of attic hatch doors with weather stripping, and outlets with rubber gaskets. To seal these areas as tight as possible, light a candle, incense stick, or another source of the smoke, and move it by the corners where leak spots are.

If the smoke wavers or blows toward a particular area, that could be indicative of a draft and improperly applied sealing. If you still notice a draft after reapplication, you should consider replacing the windows/doors/faulty equipment with newer, higher quality parts. Inversely, bad ductwork can leak out hot air and present a whole host of combustion safety issues, but in most cases, it can be fixed relatively swiftly by metallic tape or sealant spray, whether applied by you or an HVAC technician.

Insulate Your Lights

Believe it or not, electricity isn’t the only utility bill that your lighting can hemorrhage if you aren’t careful. ICAT lights (insulation contact and airtight) feature a strong seal. LED recessed lights can hurt your home’s ability to retain hot air. These types of lights often draft it up through the attic via the several foundational holes it takes to install them.

The average home circuit has a capacity for 30 recessed lights and it can add up if left unchecked. Fortunately, you can fix this elatively easily and efficiently with an airtight baffle.

Simply place the baffle inside the housing with the bulb removed, reinstall a new bulb, and you’re good to go. For an even more foolproof defense from updraft, place a cover over the recessed light, and that will ensure that your home’s lighting has a barrier from letting any air leak, saving you time, money, hot air, and headaches.

Things To Consider Financially When Renting A Home

Mon, 04 Mar 2019 14:35:00 GMT

Depending on your financial situation and a variety of other factors, there are still plenty of reasons why renting a home may be better for you than purchasing.

Unlike homeowners, property renters are not tied down to one area by a 15, 30, or 40-year mortgage term. Also, renters do not have to worry about changing neighborhoods devaluing their own property or raising their taxes to unaffordable levels.

Renting and buying share their own distinct advantages and disadvantages, but with higher levels of student debt than ever before, it’s no wonder why so many young adults see renting their property. If you are one of those prospective renters, here are a few key points you should consider regarding the financial nuances of renting.

Budgeting

While renting is less financially burdensome than buying a home, you’ll still have a decent helping of planning and preparation on your plate.

Before you rent, most landlords or property managers typically want to see at least one of these few factors: proof of steady income, proof of savings in the bank (at least enough to cover a few months rent), and a good credit score at around 620 or above.

If you’re at the point of contemplating renting or buying, you’ll want to do some calculations to estimate and compare how your budget would hold up in either scenario. Resources like this interactive NY Times page or Zillow’s Rent Affordability Calculator are helpful starting points. If you’ve made up your mind, there’s one simple rule of thumb to follow with rent budgeting. To live comfortably, your monthly rent should be around 1/3rd of your monthly income at most. Refer to our Tips For Renting Your First Apartment blog for a more comprehensive breakdown of monthly budgeting.

Fewer and Cheaper Expenditures

As alluded to above, renters have fewer auxiliary expenses to worry about than homeowners. No real estate taxes, no direct maintenance payments/responsibility to maintain, significantly cheaper utilities, significantly cheaper real estate insurance and a significantly cheaper down payment are all advantages of renting. Owning and building equity might seem like a simpler, more straightforward path for building social capital, but research suggests that if you play your cards right, renting and investing together can actually outperform home ownership in wealth generation.

Furthermore, many apartment renters are able to enjoy additional amenities with very little additional cost. A lot of strenuous labor, time, and money can go into setting up and maintaining a pool, fitness equipment, or utilities such as a washer and dryer or dishwasher. By having someone else (e.g. landlord/property management firm) cover the expense and maintenance of those amenities, it mitigates your financial burden and saves you time.

Upgrade or Downsize

One of the biggest perks of renting is the flexibility it gives tenants with their finances. If they don’t like the property or the location, they aren’t bound to stay there by any long-term mortgage commitment or obligations beyond their lease.

Renting may be a safer option for those worried about abrupt life changes involving their finances, whether that be a major setback in a career major medical expenses or other untimely circumstances.

Fortunately, with rent, residents have more flexibility and freedom to downsize to a cheaper property when their lease expires. Ergo, if an individual’s financial situation and life is improving, they have the flexibility and freedom to conveniently upgrade to a higher-end residential property within their wider budget. With a shorter term commitment, they aren’t constrained and committed to settling most of their lives in one home.

At the end of the day, renting vs ownership is a matter of buyer’s budget and needs. Understandably, a lot of people may not want to put up with the hassle of constantly moving around, and rightfully, a lot of people may not want to put up with the hassle of such a huge investment. If you have any questions about our own properties and current listings, please contact us .

5 Tips To Get Back Your Full Security Deposit

Fri, 22 Feb 2019 18:00:00 GMT

Moving can be an enormously stressful time of packing, loading, ensuring that every little thing is accounted for, and ensuring that your finances are accounted for. One financial obligation that you don’t want to leave unchecked is your security deposit, the check or lump sum wad of cash roughly equal to a month’s worth of rent that you typically pay before move-in.

As the name implies, security deposits are security measures, intent on covering any necessary maintenance repairs beyond basic wear, back rent, or any other upkeep of the property. If none of those conditions need to be filled or repairs need to made, then you are entitled to a full refund of your security deposit payment. Here’s everything you need to know about getting that full payment back.

Refer To Your Lease

Before you move out, evaluate your lease agreement to get a more thorough overview of the particular obligations that have been met, the obligations that still need to be met, and any additional information about the condition that the landlord or property management wants to have the rental in.

Additionally, if you would like to perform maintenance work during your lease but aren’t certain which repairs will count against your security deposit, then the terms and conditions of your lease can be a useful reference tool. However, if the lease is vague and unclear and still leaves you with some ambiguities regarding what does and doesn’t count against your deposit, then always contact the landlord or property management firm directly for clarification. You’ll want to do so in an email, letter, or another form of writing should any further conflicts arise.

Tie Up Loose Ends

Once you know which maintenance and lease conditions can be covered without threatening your security deposit, you can then prioritize which ones you should focus on. Common issues which can eat away at your deposit if left unchecked include carpet stains, window/screen damage, drywall issues, and bathroom drain clogging. All of these things, though capable of nicking several bucks off that deposit, can all be dealt with some elbow grease. Now more than ever, there are countless how-to videos available at your fingertips, and it is now easier than ever to be your own handyman and remove the need for a landlord to hire one.

Do A Walk Through

By dealing with maintenance issues promptly and efficiently on your own terms, it can remove some of the risks of losing your security deposit, but you don’t want to leave any stone unturned. Before you move in and before you move out of the property, ensure that you and your landlord do a mutual walkthrough and inspection of the property, thoroughly noting any pre-existing scratches, cracks, carpet pulls, or any other potential damages before you pay the full security deposit.

Then, before you finally vacate the property for good, set up a final walkthrough, comparing the current condition of the property to its initial condition before move-in. Both walkthroughs will help ensure that you and your landlord are on the same page of which potential damages you will be charged for, and if your landlord tries to erroneously claim any false damages where there weren’t any, you’ll have proof of damages which existed prior to your arrival.

Review Your Legal Rights

Referring to review websites or speaking to prior tenants can be great ways to decrease your likelihood of entering into an agreement with an unreliable landlord or property manager. Fortunately, you have some recourse to defend your rights as a tenant by law, but it’s important that you understand the specifics that information first. Sites like Nolo and continual Google searches are great starting points to review your states’ legislation.

If you believe that your landlord is unfairly holding onto the deposit money, write them a demand letter to civilly negotiate. It varies state by state, but landlords have a legal obligation to return their obligation within a certain deadline , and if not, they may force your hand to file a lawsuit through a small claims court . In Pennsylvania, the deadline is 30 days and up to $12,000 can be claimed, but always review your own local legislation before taking any legal action.

Document Everything

Always hold onto your lease paperwork, every email, every letter, and any notes from both inspection walkthroughs; take the extra step to have photos and a video recording to backup your inspection.

5 Ways To Establish A Great Landlord-Tenant Relationship

Fri, 15 Feb 2019 16:05:00 GMT

As a tenant, you can spend upward of one year, two years, and in some cases, even 5-10 years maintaining a mutual relationship with your landlord or property management company.

If you are a prospective tenant, we at GM Holdings would like to help you maintain and properly manage the relationship with your landlord or property management company, before and after you sign that lease agreement. Read on to learn more advice and useful tips on fostering a positive relationship with your landlord.

Read Reviews Before Signing

With Google and social media, it is now easier than ever to form a first impression of a business online.

Before you establish a relationship with a landlord, it’s essential that you know whether or not that person or those people are worth getting into a relationship with.

Understandably, tenants will want to do everything in their power to avoid dreadful buyer’s remorse and fall victim to sketchy dodgy business practices. WhoseYourLandlord, ReviewMyLandlord, and RateMyLandlord are great sites for ensuring that your property manager is free of them.

Yelp, the definitive local business review site, may also have evaluations of property management groups.

If you still can’t find reviews or testimonials, talking to former tenants can be a great offline resource for evaluating the positive and negative qualities of your potential landlord.

Show Proof Of A Good Credit Score Right Away

Property managers and landlords will feel more inclined to enter into a lease agreement with someone who’s been demonstrably proven to handle their investments wisely and pay their debts on time.

Just as the tenant can vet their landlord, it’s also easy for a landlord to view a general profile of their tenant, and credit bureau records are a common go-to resource for that.

In the US, general purpose credit scores range from 300-850, but typically, most property managers want their applicants to hold a score of 620 or higher. You can find numerous free or low-cost services online to infer your score from sites like TransUnion, FreeCreditReport, and Credit Karma. If you notice any unusual discrepancies in the report, you may want to write a letter to your credit bureau or finisher. Doing so will establish an investigation for at least 30 days, so if you suspect any report errors, be patient.

Make Up For Weak Credit With Stronger Savings

Even if your score dips below that magic 620 number, it doesn’t mean that you still can’t get in the good graces of your landlord or property management group. A credit report and a numerical score can only present so much context around your life and your financial choices. For starters, they’ll want to see that you currently possess the savings to cover a few months of rent.

Even if you have poor credit, showing your landlord your pay stubs to prove steady income or your bank statements to solidify those good savings can also be great redeeming qualities in the eyes of your prospective landlord or property management company. Co-signing the lease with someone with a stronger credit score could also help them see that you have the ability to cover your expenses.

Document Everything

To preserve mutual transparency, rights, and trustworthiness, it is vital that you and your property manager keep everything on the record and consistent with those records. If any discrepancies, problems, or disagreements come up, it is a valuable asset to have copies of letters, emails, and notices for future reference.

Maintain Open, Transparent Mutual Communication

Overall, keep things friendly, open, and honest between you and your landlord/property manager. Update them on regular safety and maintenance issues and be proactive on sorting out those issues. Keep your word, arrange times to maintain mutual two-way communication, and ultimately, like any conflict, both landlord and tenant should try to understand and empathize with the other party if a dispute does arise.

Why Living In Philly Is Better Than New York

Fri, 15 Feb 2019 16:02:00 GMT

The Northeast Megalopolis is one of the most urbanized parts of the United States and accounts for around 17% of the nation’s total population. It’s ironic to think about crunching the sheer vastness of these numbers, however, when they ultimately boil down to five cities and 2% of the country’s land, in DC, Boston, New York, Baltimore, and of course, Philadelphia.

Each of these cities has a unique history, culture, upsides, downsides, and iconic staples which give them character. Given its status as America’s most important and densely populated city, many buyers and renters aspire to make the Big Apple their home (if they can afford it).

While New York has the bright lights and a larger than life feel, let’s halt the hype for a second and give some love to the City Of Brotherly Love.

Often overlooked in the landscape of the Northeast, Philadelphia is an exciting, affordable, historic, and hip city that has seen exponential growth in recent years.

We’re not forcing you to come here, but before you put down that initial payment on your next house or apartment lease, here are a few factors to consider.

Cost Of Living

New York and Philly both offer plenty of destinations, sightseeing opportunities, and cuisine that everyone should experience.

That being said, NYC carries one major drawback: cost of living. According to a Kiplinger survey, the Big Apple will cost Americans 138.6% more than their average cost of living, a figure which can be astronomical for the average working/middle-class person who wants to live on a comfortable budget.

Estimates vary based on market trends or the specific neighborhood you’re looking to rent from, but figures put Philly’s average monthly rent around just over $1,500 for a single bedroom near Center City. This is nearly three times cheaper than a $3,757 single in Manhattan.

Numbeo has a comprehensive cost of living chart comparing the two cities. Philadelphia consumer prices are 17% less expensive than New York, restaurant prices are 25% cheaper, monthly gym fees are 63% cheaper, and average rent is an astounding 52% cheaper than in New York.

Culture

New York is one of the world’s predominant media capitals and carries on an undeniably storied legacy as a hub for history, entertainment, culture.

However, it might be a little costly if you’re looking to experience those attractions beyond the occasional day trip.

As the nation’s original capital and the birthplace of America, Philly is an incredible hub for history, sightseeing, die-hard sports culture, entertainment, museums, diverse culinary selections, and annual events 365 days a year.

In a survey examining the twenty qualities that millennials find most appealing in a city (such as affordability, a good job market, a good transit system, or LGBTQ inclusivity to name a few), Philadelphia lead with a strong 95% of those qualities.

Philadelphia scored far better than most cities, edging New York in cheaper rent costs, and only lacking a highly rated public school system.

Philly Cuisine

What New York has in bagels, cheesecake, and thin crust pizza, Philly has in cheesesteaks, water ice, soft pretzels, Tastykakes, hoagies, Peanut Chews, and crab fries.

On top of the local fare, Philly is becoming an epicenter of a diverse, thriving, and incredible multicultural food community with authentic eats and tastes from around the globe.

If we haven’t convinced you yet, Duane Reade doesn’t hold a candle to the convenience store empire that is Wawa and their annual HoagieFest.

If you’re interested in moving to Philadelphia or have any questions about our city, hit us up and we’d be happy to give you some advice on finding your next home!

Tips For Renting Your First Apartment

Mon, 28 Jan 2019 15:41:00 GMT

Renting your first apartment often brings feelings of freedom. On the other hand, it can also be quite overwhelming. New renters may have gotten a taste of living on their own at college, but this experience may not have fully prepared them for the ins-and-outs of apartment hunting, budgeting, signing or co-signing leases, making security deposits, making pet deposits, making rent each month, or dealing with landlords and property management companies.

When you’ve never handled any of these things before, it may seem like a daunting onslaught of responsibilities. GM Holdings strives to streamline the rental process and make it as accessible and convenient as we can for our clients, and we want you to be prepared as a first-time renter. Here are some basic tips you should know about renting your first apartment.

Search Smart

Any hunter worth their salt wouldn’t train their rifle into the water to take out some big game deer. Likewise, no fisher with an iota of common sense would cast their line into the middle of the forest if they wanted to hook some sea bass. The same principle applies to apartment hunting as well: always seek out reputable sites for finding your perfect apartment. Trulia , PadMapper , RentJungle , and Apartments.com are amongst the most ubiquitous apartment hunting grounds that you can visit for reviews, images, rent comparison listings, and more.

Getting to know and trust your landlord may be intimidating too. Fortunately, there are countless review sites out there to let you know all the goods and bads of what you’re in for, well before you sign that lease agreement.

WhoseYourLandlord , ReviewMyLandlord , and RateMyLandlord are all great hubs to find honest evaluations of the people you might want to rent from. Yelp , Facebook , and the Better Business Bureau , while less comprehensive, are also decent places for seeking out property management company reviews as well.

You may want to split the bill and share the lease with a roommate. Many of the aforementioned rental sites (including roommates.com and CrashPad) are also great resources for finding new roommates.

Budget Wisely

Most landlords or management groups prefer tenants with credit scores of 620 or higher, though renting with weaker credit is still popular. Even if you don’t have the best credit score, showing your property manager your pay stubs (as proof of solid income), bank statements (as proof of solid savings), or co-signing the lease to someone with better credit can forgive that. All of the above factors can make you look more attractive in the eyes of landlords, and make them more confident in your prospects to pay rent every month.

Ideally, you’ll have at least a few month’s worth of rent payments saved in the bank before signing the lease, as well as additional costs. A good monthly income-to-rent ratio is approximately 1/3rd of your monthly income, and a good rule of thumb for a comfortable annual income would be making at least 40x your monthly rent payments, so you can comfortably maintain those payments as well as any additional expenditures you need to cover.

Set aside at least $150-$300 for food, $40-$100 for any application or credit check fees, $90-$200 for utilities and additional amenities, and $200 for personal use each month. Assuming you took home $40k net income this year after taxes and had $28k after a year’s rent, those additional expenditures would leave you with around $18,400, which could be put toward additional savings, retirement, or other expenses. Additionally, if you have any pets, you may be paying an additional (single or monthly) pet deposit fee for them as well.

If you’re still uncertain, you can utilize online tools such as Zillow’s Rent Affordability Calculator to double check that your apartment would fit well within your budget.

Read the Fine Print

Evaluate every particular ground rule, clause, and fee written into the lease carefully.

You may be responsible for making separate utility payments, or they may be fixed into the rent. Once you’ve figured that out, regardless of whether or not the water and gas are running when you move in, you’ll still need to call the respective companies to put those utilities in your name.

Some lease clauses may have limits on pets, occupants, smoking, or subletting (if you’re out of town for over a month or two), so always evaluate that those rules will fit within your priorities and align with your landlord’s verbal agreement too.

Location, Location, Location

Before you move in, thoroughly evaluate the property and the area around your property. Is the neighborhood safe? Does the property have enough space for your belongings inside? Is their optimal space for parking, or if you don’t need or want to drive for your commute, any nearby bus stops or train stations? Useful sites for this include Google Maps , NeighborhoodScout , Nextdoor , and Moving.com’s City Profile Reports .

Before finalizing the deal, ask to visit the actual property in person, to ensure that cleanliness and maintenance are kept up regularly and that the property fully matches the online description. If you can, also ask prior tenants about their own experiences (good and bad) dealing with the property, landlords, or management company, so you can gain a full picture of what to expect going forward.

Happy hunting!

Top Events In Philly This Winter

Fri, 18 Jan 2019 15:33:00 GMT

Whether you’re a renter, owner, or tourist just visiting for the winter, it’s not too late to experience the City of Brotherly Love. Philadelphia is a historically-rich city brimming with people to meet, and sights to see. GM Holdings strives to simplify the property management process with top-of-the-line customer service, but whether you’re settled in nicely or saddled with house-hunting duties, take a break and have some fun this winter, at one of the many great events that are held around the city.

Go For A Belated Holiday Fix

If you haven’t seen them already, you’re a little past due to catch the quintessential 2018 Christmas Village fun or the New Year’s Day Mummers Parade for 2019, but there’s still no shortage of winter wonderland festivities.

Car lovers can bear witness to hundreds of unique models and makes of them at the 2019 Philly Auto Show at the Pennsylvania Convention Center on Arch Street.

If outdoor excursions are more your speed, you can, take a ride through the Rothman Orthopedic Ice Rink during the Winter At Dilworth Park program, or skate by the Blue Cross RiverRink Winterfest before March 3rd to glimpse an incredible scenic backdrop of the Ben Franklin crossing the Delaware.

Like any good winter holiday event, both festivals are teeming with good food vendors, cozy winter cabins, beautiful botanical garden displays and holiday light displays. Alternatively, through the 18th-21st of this month, you can selflessly lend a helping hand and volunteer at one of over 1800 public service projects across Philadelphia to help usher in the Martin Luther King Jr. Day of Service, one of the largest MLK day events in the country.

Go For A Jam Session

From the middle of January through March, Philly will be home to an overwhelming lineup of concert acts, more than enough to satisfy the tastes of all musical palates. Hip hop heads can look forward to Vince Staples and Anderson Paak headlining the Fillmore on February 19th and 24th, catching A$AP Rocky at Temple University’s Liacouras Center on the 15th of this month, or for the 26 Years of 36 Chambers Wu-Tang Clan tour to grace Franklin Music Hall on the 24th and 25th. On February 16th, Action Bronson will make his own Franklin visit for the White Bronco Tour, and a month after that, hometown hero Meek Mill is set to play before his own hometown at the Met.

The legendary Pixies are slated to helm the Fillmore on March 18th, but before that, alt-rock is getting its own Winterfest on the 26th, with the free Radio 104.5 Winter Jawn at Xfinity Live. You might’ve missed the boat on watching the band Mothers belt out some soft folk rock at Johnny Brenda’s on the 4th, but you can still watch Daughters barrage Union Transfer on February 16th with their abrasive brand of noise rock. If you’re out for a more lighthearted boyband fix though, you can come here for Jesse McCartney’s Resolution Tour on the 19th, or Boyz II Men’s 25th Anniversary Tour on February 26th.

For much more info on all of the acts playing Philly this winter, please visit https://www.ticketmaster.com/discover/concerts/philadelphia .

Week of the Week

This one’s self-explanatory; Philly has a week for everything. Winter is prime time for those awesome weeks. Into plays? Check out 100+ of them during Theatre Week from Feb. 7th-17th. After that, satiate your taste buds from Feb. 25th-March 2nd at the East Passyunk Restaurant Week , or swing by earlier for the Center City Restaurant Week from January 13th-25th. Finally, you can ring in the spring at the Pennsylvania Convention Center with the beautiful PHS Philadelphia Flower Show from March 2nd-10th, the world’s largest indoor flower event.

“Bird Watching”

It’s that fateful time of year again, the time where the Philadelphia Eagles soared over the gridiron once more for the 2019 NFL Playoff Season. Unfortunately, the 2018 NFL Super Champions weren’t able to successfully defend their title, but that doesn’t mean Philly fans don’t have anything else to look forward to. With the indispensable supply of awesome pubs , restaurants , and parties in the city, there’s no excuse to miss watching a single step of the action of any play, any game, anywhere.

If watching the pigskin toss isn’t exactly your thing though, you can always catch our Flyers face off against the Pittsburgh Penguins for the 2019 NHL Stadium Series Game, set to be played outdoors on February 23rd, right in the Eagles nest at Lincoln Financial Field.

5 Steps To Prepare Your Home For Winter

Fri, 18 Jan 2019 15:32:00 GMT

We’re about a month into the thick of winter, so chances are you’ve had plenty to time to acclimate yourself and your house or apartment to the frigid, omnipresent cold. But on the change that you’ve just moved into your new place or bought a new property, we want you to be properly prepared to sufficiently maintain it through any winter.

As we move into the colder months, it’s all the more important to ensure that your home is ready to brave the elements, especially with our erratic Philadelphia weather. Here’s what you should do.

Temperature

Depending on varying factors like maintenance and condition, the average lifespan of a heating and air system can last anywhere from 10-20 years. Ideally, you would be able to find out more info on your unit’s heating system from the realtor or prior owner/renter of the property.

Depending on the frequency of use, you should service your HVAC system on an annual or biennial basis. Autumn (before the cold moves in) is typically the best time to clean your heating pump. If you want to make sure it gets done right, the Philly area has plenty of reliable HVAC service companies . If you’d rather put in some elbow grease instead, a heating pump can be maintained with a vacuum or damp cloth to rid dust from the removed filter, and outdoor units can easily be rid of debris with a good hose.

Even if you don’t have an HVAC manual copy on hand, most common manuals and errors can be found easily online . If you intend on replacing your own HVAC parts though, try to stick to OEM (original manufacturer parts) rather than third-party parts, as using them could risk voiding your HVAC warranty.

Hold Up The Exterior

Brick, concrete, and fiber cement siding pieces are typically more robust and low-maintenance than vinyl or plastics, but that doesn’t make any of exempt to being weathered by the elements. Plastic polymer siding can easily brittle through the winter cold if you aren’t careful, so if you’re planning on a new piece installation, save it for the warmer months. Mason siding is porous and vulnerable to water damage too, whether via crumbling or freezing into cracks, so always have some occasional concrete sealer applied to be safe. Do the same for any wood exterior as well.

Test Your Detectors

Believe it or not, winter is actually the time when most house fires occur, per the U.S. Fire Association . It’s not prime grilling or firework season by any stretch, but more insulated artificial heat could make for more fire hazards. Older properties are more at risk, especially in the dry winter air, but regardless, an annual electrician inspection can go a long way to make sure nothing is awry.

If you haven’t already, invest in reliable smoke detectors with reliable batteries, and throw some change at a carbon monoxide detector as well. CO poisoning is an odorless, colorless, and even stealthier threat than house fires, but fortunately, an HVAC inspection will fix the faulty heater venting that’s so often responsible for it. Another common cause is wood-burning appliances, but that’s all the more reason for an alarm and a good chimney sweep.

If you suspect a dangerous CO leak, please move to a safe location and call your local fire department immediately.

Cover Outdoor Furniture

No matter how much hard earned cash you shelled out on it, Mother Nature doesn’t care about the lavish aesthetics of your back patio. Invest in a sturdy cloth cover, treat in the washing machine as needed, and do so on a warmer day so the cover won’t insulate moisture.

Clear The Pipes

If you aren’t careful, winter can turn from a time of cheer to a time of frozen, broken pipes and frustration. If you have any, make an effort to climb up and those gutters on a warmer day; neglecting them can create enough water damage to deteriorate the exterior, foundation, and even basement of the property. Shut off the sprinkler system if you have one and always leave your outdoor faucet off and empty until spring.

Even though it’s not crucial to drain every drop out of your outdoor faucet line, burst pipes can be especially expensive and problematic maintenance hassles, so try to get as much water out as you can. Simply cut off the valve to the spigot supply and run the remaining water out. Finally, unless you have a reliable fuel stabilizer ready, drain any gas from lawn care supplies (lawnmowers, weed trimmers, etc.) so it won’t go bad over winter storage.

10 Underrated Sights To See In Center City

Fri, 18 Jan 2019 15:30:00 GMT

Billy Penn. City Hall. The Comcast Center. The Rocky Statue. At this point, you’ve probably seen enough shots, local news reports, and travel ad B-roll to recognize all these landmarks as iconographic staples of Center City.

But with 10-13 blocks a mile and 2,575 miles of streets, Philadelphia is far more than the typical quintessential monuments. Whether you’re just a tourist or soon-to-be resident, GM Holdings wants to help you find some of the City of Brotherly Love’s overlooked gems that could use more love.

1. Jefferson St. Ballpark

Located around 25th and 27th St., this field holds a short but storied legacy as a home to a Civil War campground, the Philadelphia Athletics, the world’s first Major League baseball game, as well as the world’s first interracial baseball game.

Today, the main site is now home to a high school, but you can still visit an Athletic Recreation Center, numerous ball fields around the area, as well as a historical marker commemorating the original park’s historic milestones.

2. Philly Mini-Golf

Center City’s first (and only) mini-golf course in Franklin Square is an 18 hole love letter to the city itself, with miniaturized recreations of notable monuments like the Liberty Bell and the Ben Franklin Bridge.

3. Wagner Free Institute For Science

If you want to an edutainment fix but don’t want to cough up your wallet at the Franklin Institute, this science museum at 1700 West Montgomery is worth a look. One of the world’s few surviving Victorian-era science buildings, Wagner is dedicated to offering free museum tours and public education in natural history and the sciences.

4. Mutter Museum

If you aren’t afraid of gently brushing against your own mortality, this macabre collection of medical exhibitions might be perfect for you. Since 1858, the Mutter Museum has housed to over 20,000 specimens of preserved skeletons, organs, growths, wax replicas, and every conceivable morbid human remains under the sun.

Some of the more famous faces (or organs) on display include exclusive slides of Einstein’s brain, tissue removed from John Wilkes Booth, and two anonymous donated jars filled with human skin. You read that right.

5. The President’s House

When you’re listing off overlooked places in a city, one that formerly housed two leaders of the free world might not exactly be the first thing that comes to mind. When that city is the epicenter of a revolution, the nation’s first capital, and bleeding historical milestones though, sometimes it’s easy to miss the President’s House.

Located at 524-30 Market St., the house was the first executive Mansion, housing George Washington and John Adams from 1790 to 1800. Since 2010, the remnants have been preserved as an open-air memorial, a raw, honest portrait of the duality between liberty and enslavement; displays at the site explore Washington’s life, the lives of the nine African American slaves in his household, and slavery’s presence in American history.

6. Serabol Center City

Cheesesteaks, crab fries, water ice, and soft pretzels have their undeniable merits, don’t get us wrong. You’d be crazy to ignore them as Philly staples, but you’d be crazy to deny the rest of the options the city has to offer.

Originally in Olney, chef Chris Cho decided to bring his family business up near Broad Street. Pay a visit and come try the finest Korean BBQ menu in Center City.

7. Thaddeus Kosciuszko National Memorial

The smallest unit of the National Park System is preserved in honor of a major international war hero and civil right activist. In 1776, Thaddeus Kosciuszko sailed from Poland to selflessly fight for the American Revolution and returned there in 1784 to aid the Polish-Lithuanian Army’s cause against Russia.

Kosciuszko’s American estate is preserved at 301 Pine Street to this day, and on weekend afternoons from April-October, you can visit the house to learn more about his legacy and witness a piece of Revolutionary history, free of charge.

8. Elfreth’s Alley

America’s oldest residential street is now a tremendous hub of historical reenactments and holiday events for Christmas, Oktoberfest, Fourth Of July, and Halloween. For more info, visit http://www.elfrethsalley.org/events/ .

9. Science History Institute

Visit 315 Chestnut Street to implore an epicenter of scientific research, fellowships, free public museum exhibitions, and an overwhelming public library spanning over seven centuries of scientific studies.

10. Cave Of Kelpius

Located just outside Center City near Wissahickon Creek, this cave housed the nation’s first known doomsday cult, where 40 Pietist monks (led by German mystic Johannes Kelpius) awaited the Biblical Second Coming in 1694. Even though the Apocalypse didn’t exactly pan out as expected, Kelpius and his followers largely stuck together until his death in 1708, peacefully creating art, music, and helping out the Wissahickon community.

Today, almost zero traces of the cult survive, apart from a preserved road known as Hermit Lane, but the cave site itself is now part of the majestic, 1800 acre Wissahickon Valley Park Trail. If you want to go for a quality free hike along a beautiful trail and mysterious cave, you won’t regret swinging by Wissahickon.