It may come as a surprise to investors but owning and managing vacation rentals is not the same as traditional real estate. That said, the rapidly expanding short-term rental industry continues to provide opportunities for new and seasoned investors alike. However, to be successful, a keen eye for the right location is vital. Additionally, owning […]
Category Archives: Tips for New Landlords
04
May
May
The use of lead-based paint in residential housing has been illegal since 1978. Then, in 1992, federal and state governments created laws that aim to protect tenants against the potential health risks of lead paint. This is known as The Residential Lead-Based Paint Hazard Act. That said, enacting lead paint laws does not mean it […]
28
Apr
Apr
Virtual home tours are a popular way to showcase a rental property. However, the COVID-19 pandemic made virtual touring a necessary ingredient to success. Using these models allows the viewer free reign to explore the property from the comfort and safety of their own home. Essentially, this creates a 24/7 open house! That said, Matterport […]
27
Apr
Apr
In theory, anyone could become a landlord. However, renting your investment property legally and successfully takes time, effort, and local knowledge. For many investors, the benefits of qualified property management services speak for themselves. After all, not every investor is prepared to organize repairs, comply with local laws, prepare marketing, or field those late-night maintenance […]
26
Apr
Apr
Investing your hard-earned money is a big deal and successful investing takes care. With real estate becoming all the rage in investments nowadays, many individuals wonder whether real estate is better than the traditional stock market. While stocks are more mainstream, real estate is also considered a solid investment under the right circumstances. That said, […]
26
Apr
Apr
Warmer weather brings new life and an excellent opportunity for a Spring refresh of your rental property. After all, periodic deep cleaning and preventative maintenance help to keep rental properties in tip-top shape. That said, it is easy to get lost in the many tasks and forget key areas. So, to help you tackle your […]
22
Apr
Apr
Apart from the lease, a rental application is the most important document in the rental process. For tenants, having the required documents at the ready will help you jump on great listings in a competitive market. After all, having your first choice property swept out from under you is an awful experience. So, to boost […]
21
Apr
Apr
Over the last several years, short-term rentals have grown in popularity with both renters and investors. But is it the right move for an investment portfolio? The answer depends on many factors, including how much time the owner intends to commit and how secure they need their investment to be. That said, one thing is […]
20
Apr
Apr
Learning how to rent your Virginia property is no simple task. Between following local regulations, handling repairs, and marketing to find the ideal tenant – a great deal of time is involved. Navigating these processes to get the most return on investment is key to your success as a landlord. So, follow along with us […]
19
Apr
Apr
Not every landlord is familiar with the term “professional tenants.” At first, it may not sound terrible, but it only takes one encounter with one of these individuals to change your mind forever. A professional tenant can quickly become a landlord’s worst nightmare, damaging both the property itself and profits. Continue reading as we help […]