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

Tag Archives: risk management tips for landlords

What Should a Landlord Do with Abandoned Tenant Property?

What Should a Landlord Do with Abandoned Tenant Property?

Whether a tenant moves of their own accord or faced legal eviction, sometimes possessions remain in the home. When this occurs, landlords face a dilemma – what to do with abandoned tenant property? In many cases, tenants simply leave behind trash that landlords are free to dispose of. However, personal items or other property is […]

The 4 Types of Inspections Every Rental Landlord Should Complete

The 4 Types of Inspections Every Rental Landlord Should Complete

As part of the rental property process, landlords must complete several different types of inspections. Although these take place at different times and for different reasons, the ultimate goal is to protect you, the tenant, and the property. In addition, detailed inspections help landlords discover maintenance issues before they become emergency repairs and ensure that […]

How to Turn Off Your Water to Prevent Water Damage in Your Rental

How to Turn Off Your Water to Prevent Water Damage in Your Rental

Water issues in a rental property are more than just an inconvenience. In fact, water can lead to extensive damage, mold growth, health hazards, and expensive repairs if not immediately addressed. That said, when a pipe burst and water is pouring into your home, it is easy to become overwhelmed. So, knowing how to find […]

Rental Property Compliance and Responsibilities for Virginia Landlords

Rental Property Compliance and Responsibilities for Virginia Landlords

Part of being a successful landlord is adhering to regulations and all federal, state, and local laws. This can be a complex and confusing task for even the most seasoned investors. However, failing to comply means facing potential fines, loss of license, or expensive litigation. Continue reading below as we highlight the rental property compliance […]

Who is Responsible for Pest Control in Your Rental Property?

Who is Responsible for Pest Control in Your Rental Property?

No one wants to hear the words “pest infestation”. This is a health hazard, but pests can also damage the rental property and cost hundreds to eradicate. So, as soon as you notice any pest or vermin, it must be dealt with as quickly as possible. That said, getting rid of unwanted pests is only […]

How to Terminate a Property Management Agreement

How to Terminate a Property Management Agreement

When the relationship between an owner and property manager goes south, parting ways can prove complex. After all, if you signed a property management agreement, the terms of cancellation are not always up to you. That said, if the property management firm is not living up to what they promised, you may be well within […]

Why Every Lease and Landlord Needs a Tenant Transfer Policy

Why Every Lease and Landlord Needs a Tenant Transfer Policy

Even with the best of intentions entering a lease, life happens. Tenants may need to transfer or break a lease for various reasons, including military service or job relocation. However, regardless of the transfer reason, landlords must protect themselves and their interests. So, join us as we define the types of transfer clauses and, more […]

COVID-19 Showing Alternatives for Rental Properties During the Pandemic

COVID-19 Showing Alternatives for Rental Properties During the Pandemic

Across the nation, more and more neighborhoods are bouncing back from the pandemic woes of 2020. However, precautions are still needed to keep everyone safe. As a landlord, showing properties is challenging while trying to adhere to social distancing and sanitation requirements. That said, there are many showing alternatives that landlords can utilize to still […]

When and How Can Landlords Make Tenants Pay for Repairs?

When and How Can Landlords Make Tenants Pay for Repairs?

For landlords and tenants, the line between damages and normal wear and tear must be clearly defined from the start. Therefore, it is critical to outline what happens when repair issues arise to prevent disputes down the road. In general, landlords cover the cost of any standard maintenance in the rental property. That said, some […]

Top Ways to Show Proof of Income for Rental Applications

Top Ways to Show Proof of Income for Rental Applications

Screening prospective tenants is a tedious but necessary part of being a successful landlord. Nationally, the average eviction rate is around 3%. However, according to the Aspen Institute Financial Security Program, post-COVID eviction rates could jump as high as 20% in the coming year. As job and income loss heavily weigh on renters’ minds, landlords […]