Howard County Property Management

Edgington Management provides full-scale property management in Howard County – this includes complying with local inspection and registration requirements, as well as all Maryland lead paint requirements.

Howard County has a lot of investment potential, generally with a lower-risk rental market.  Rents in Howard County are generally higher than Baltimore or Anne Arundel Counties, though purchase prices are generally higher as well.  Location is extremely important and we find that Howard County will generally provide safe investments, with low vacancy rates.

A few things to note when searching for investment properties in Howard County:

Housing Vouchers. Howard County does not discriminate against the source of funds for rent payment.  You must consider all housing voucher applicants for all properties that you rent in Howard County.

Be aware of local taxes.  Howard County has high property taxes in relation to other counties. This is not necessary an impediment to success, but make sure you are aware of any additional local taxes that cities such as Columbia might impose.

Avoid Condo Fees (if you can)! Howard County has more Townhouses and Condos than many of the the neighboring counties, and there might be a mandatory monthly condo fee attached to these properties.  These are the fees to make improvements to the grounds, Common Area Maintenance, snow removal, etc.  Many people like these amenities for their primary residence, but with Investment Real Estate it is about profit, and as Investors it is hard to justify these costs if the monthly or annual condo fee is too high.

Further Considerations:

Home Owner Associations may also impose a fee that is too high for the property in question to be of value to an investor.  If you are paying high condo fees, local taxes, and Home Owner Association fees your bottom line will obviously suffer.  Avoid condo fees if possible, avoid properties with high Home Owners Association fees, and avoid excessive taxes. Howard County may be one of the best areas to invest in, but be careful and avoid the unnecessary fees that limit your ability to create wealth.

How to get started with your first rental property
You need a rental license to rent your properties in Howard County, you can find the rental application here:  https://www.howardcountymd.gov/Departments/Inspections-Licenses-and-Permits/Inspections-and-Enforcement/Rental-Housing  The costs of obtaining a license varies, though generally it will cost about $100 for a 2-year license.  Here is a link to view the potential fees associated with obtaining a rental license in Howard County:  https://www.howardcountymd.gov/Departments/Inspections-Licenses-and-Permits/Forms-and-Fees

Considering a Property Manager?


Your Howard County Property Management can fill out your rental license forms and bring your home into full compliance.  Most management companies will have an inspector or will arrange for an inspector to physically inspect the property.  If your property fails on one or more items they we will come back, generally at no cost, to reinspect.  However, future revisits may have a cost associated.  Please see the link above for all costs associated with obtaining and maintaining a rental license in Howard County.

Edgington Management relevant Link:  https://www.edgingtonmanagement.com/why-hire-a-property-manager

There is a section for your local resident agent.  Please call or message us when you are ready to buy, need tenants, or need a manager/agent.

Popular rental areas in Howard County: