5,320Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Category Archives: Property Management in Richmond

Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

Top 10 Landlord Mistakes for New Rental Investors to Avoid

Posted on by Madison McCracken
24
May

Some people may assume that being a landlord is a simple job. However, a lot more goes into the position than you may think. That said, when investors first begin their career as landlords, they’re bound to make at least a few minor mistakes. After all, nobody is perfect. But still, the goal is to […]

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Property Management in Richmond

The Landlord’s Guide to Lease Renewals

Posted on by Bay Property Management Group
20
Apr

Renting out your home offers one of the best opportunities to build a steady cash flow. That is, as long as you find the right tenants for each property. After all, low turnover and vacancy rates are essential to becoming a successful landlord.  Once the perfect tenants are in place, renewing their leases year to […]

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Property Management in Richmond

How to Avoid a Real Estate Bidding War

Posted on by Madison McCracken
real-estate-bidding-war
25
Mar

Frequently, a homebuyer’s worst nightmare is a real estate bidding war. For investors, getting the best deal on a property is essential to achieve a healthy profit. Unfortunately, sometimes it’s unavoidable that more than one person is interested in the same property. However, there are a few ways you can avoid a real estate bidding […]

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Buying Rental Properties, Owning a Rental Property in Virginia, Property Management, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for Tenants

Moving to Richmond? Top Neighborhoods for Richmond Commuters

Posted on by Madison McCracken
Moving to Richmond Top Neighborhoods for Richmond Commuters
20
Jan

Despite the trying challenges and significant changes in the housing market throughout the past few years, Northern Virginia has remained a popular location to reside. That said, one of the more popular towns includes Richmond. Many people live here because of the beautiful views, developing city, and creative culture. If this sounds like a place […]

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Buying Rental Properties, Owning a Rental Property in Virginia, Property Management in Richmond, Rental, Tips for Investing in Rental Properties, Tips for Landlords, Tips for Tenants

Taking a Look at the Top Richmond Employers to Consider in 2022

Posted on by Madison McCracken
Taking a Look at the Top Richmond Employers to Consider in 2022
20
Dec

Looking at the Top Richmond Employers to Consider in 2022 Over the past year, we’ve experienced ups and downs with businesses and jobs due to the COVID-19 pandemic. However, one of the most significant benefits of living near Richmond is having access to a wide range of job opportunities. For instance, ranging from positions in […]

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Owning a Rental Property in Virginia, Property Management in Henrico County, Property Management in Northern Virginia, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

Do My Property Management Fees Cover Rental Maintenance?

Posted on by Alyssa Adams
Do My Property Management Fees Cover Rental Maintenance?
17
Nov

It may surprise some rental owners, but property management and property maintenance are not necessarily the same. For landlords, maintenance is just one item in a long list of responsibilities to keep a rental business running. Savvy investors look to professional management firms to maximize profits while avoiding the daily stresses associated with the rental […]

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Owning a Rental Property in Virginia, Property Management, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

No Smoking! – A Landlord’s Guide to Rental Smoking Policies

Posted on by Alyssa Adams
No Smoking! - A Landlord's Guide to Rental Smoking Policies
21
Oct

Tobacco, e-cigarettes, and now, recreational and medical marijuana are all things landlords need to address when adopting rental smoking policies in their investment properties. While keeping tenants happy is a priority, so is the health and well-being of other tenants as well as the property itself. That said, smokers are not protected under the Fair […]

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Owning a Rental Property in Virginia, Property Management in Henrico County, Property Management in Richmond, Tips for Landlords, VA

Post COVID Evictions: Landlord’s Guide to Moving Forward

Posted on by Alyssa Adams
A Landlord's Guide to COVID Eviction Guidelines Moving Forward
23
Sep

Can landlords evict a non-paying tenant? This continues to be the question on millions of tenant’s and landlord’s minds across the country. Unfortunately, however, many landlords were left confused and frustrated by the changing, and sometimes contradictory, federal and state guidelines throughout the pandemic. In addition, emergency relief programs have struggled to get desperately needed […]

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Buying Rental Properties, Owning a Rental Property in Virginia, Property Management in Henrico County, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for Landlords, Tips for New Landlords

Are You Ruining Your Business by Being a Bad Rental Property Landlord?

Posted on by Alyssa Adams
Are You Ruining Your Business by Being a Bad Rental Property Landlord?
26
Aug

Being a successful rental property landlord can be rewarding but is not always easy. Unfortunately, for every great landlord, there are a few bad ones. Do you know what kind of landlord you are? Becoming successful in such a competitive industry demands landlords be at the top of their game with a commitment to maintaining […]

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Buying Rental Properties, Owning a Rental Property in Virginia, Property Management in Henrico County, Property Management in Richmond, Tips for Investing in Rental Properties, Tips for New Landlords

Top Real Estate Investment Tools for Rental Landlords in 2021

Posted on by Alyssa Adams
Top Real Estate Investment Tools for Rental Landlords in 2021
28
Jul

So many opinions on how to be a successful real estate investor can be overwhelming to new owners. In 2021, investors looking to diversify their current portfolio or take advantage of passive income opportunities turn to real estate. Thanks to developing technology and professional management firms, it is now easier than ever to efficiently manage […]

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