Many investors dip their toes into real estate for the significant cash flow potential that rental properties provide. In turn, passive income offers several beneficial opportunities. For instance, some investors use their rental income to pay for monthly expenses. However, some choose to reinvest rental property cash flow to earn even more passive income. Today, […]
Category Archives: Property Management in Richmond
15
Jul
Jul
Although it seems like forever ago, workers are still navigating the lingering effects of the COVID-19 pandemic. A recent Transamerica Center Annual Retirement Survey shows that many are still experiencing financial struggles, affecting how they save and invest for future retirement. While the thought of budgeting for a retirement fund may seem daunting if you […]
24
Jun
Jun
As a renter, you’ve probably heard the phrase “rental verification” either from your landlord or your property manager. As Northern Virginia property managers, checking rental histories is a big part of what we do to make sure we’re placing qualified tenants in a rental property. In this guide, we will discuss what rental verification means – […]
29
Mar
Mar
Insurance can be a tricky topic–especially for rental property owners. After all, you have to decide what type of insurance is best for your real estate investment. With several options to consider, it can quickly become confusing. Today, we’ll discuss umbrella insurance, what it covers, and how it can benefit landlords. Contents of This Article: […]
16
Jan
Jan
When thinking about your dream tenant, have you ever considered a travel nurse? Many traveling healthcare professionals need short-term accommodations for their ever-changing job placements. So, if you own rental properties, you may consider marketing and advertising to travel nurses or other healthcare professionals. If this interests you, read along as we review some of […]
28
Dec
Dec
Coming up with a lease agreement that’s fair and feasible for both landlords and tenants can be challenging. Terms you may think are fair may not align with what a tenant wants in a rental property. However, if they’re a responsible tenant with an excellent rental history, you may be open to negotiating lease terms […]
23
Nov
Nov
Providing safe rental properties is a major responsibility for landlords and property managers. Part of keeping a safe environment includes testing for substances like lead paint, asbestos, and radon gas. Today, we’ll review the main concerns of radon in rental properties and how landlords can mitigate risks associated with this toxic gas. Contents of This […]
14
Nov
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 […]
02
Nov
Nov
Investing in real estate requires generally requires several processes with the help of several professionals. For instance, you may work with a realtor to sell your home or buy a new property. However, it’s important that they have your best interest in mind while helping you achieve your goals. If you work with the wrong […]
27
Oct
Oct
Halloween is a fun time to get dressed up, attend costume parties, and go trick-or-treating with friends and family. However, it’s also a time to keep safety in mind as you walk through neighborhoods for trick-or-treating or attend haunted houses. Today, we’ll go over the importance of Halloween Safety Month and how you can stay […]