How to Keep Renters Happy

How to Keep Renters Happy

Owning a property is a great way to earn additional income. If you own a rental, the major source of your income is generated by your tenants. As a landlord, your goal is therefore to retain quality tenants. So it’s crucial to provide outstanding services and...
What Exactly is “Normal Wear and Tear”?

What Exactly is “Normal Wear and Tear”?

When a property is used on a daily basis, its physical condition will experience gradual deterioration. This is commonly known as normal wear and tear. This refers to the reasonable damage to a property as a result of normal, everyday use.  When tenants live on the...
Pricing Your Hampton Roads Home to Rent

Pricing Your Hampton Roads Home to Rent

When listing your property, you must prepare a lot of things from the photos to use in advertising as well as set the right pricing. Rent should be set appropriately for you to generate revenue and easily compete with the other rentals around the neighborhood....
How to Maintain Your Rental Property

How to Maintain Your Rental Property

Routine maintenance is needed to keep your rental properties in pristine condition and helps you maintain long-term tenants. Familiarizing yourself with the landlord-tenant law will help you understand your responsibilities as the owner. You also need to be aware of...
How to Attract Long-Term Tenants

How to Attract Long-Term Tenants

Reducing vacancy rates, not having to worry about regular property upkeep, and having a consistent flow of income are just some of the advantages of having long-term tenants. When you find a tenant who pays rent consistently, abides by the terms of the lease, and...
Best Renovations for Your Rental Property

Best Renovations for Your Rental Property

It can be challenging to find and keep great, long-term tenants for your rental properties. However, if you invest wisely in home remodeling, you might be able to get beyond that challenge and increase property value. Your home will become more appealing with the...
Fair Housing Act in Virginia: Know the Laws

Fair Housing Act in Virginia: Know the Laws

The Fair Housing Act (FHA) in Virginia aims to protect homebuyers, home sellers, lenders, borrowers, landlords, and renters against discrimination. This federal law applies to all individuals and entities involved in housing, including owners, landlords, property...
13 Keys Of Rental Success

13 Keys Of Rental Success

Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
Reasons to Invest in Hampton Roads Real Estate

Reasons to Invest in Hampton Roads Real Estate

Are you looking to invest in Hampton Roads real estate? Investing in real estate provides a great opportunity for wealth through passive income and long-term value appreciation. Yet, finding a suitable property has proven to be a challenge for many investors. Real...
Best Areas to Invest in Hampton Roads

Best Areas to Invest in Hampton Roads

Are you wanting to invest in real estate? The Hampton Roads rental market has proven to be very lucrative for many investors!  Seven cities make up the Hampton Roads metropolitan area along the Virginia coast. With a combined population of around 1.7 million, the...
Breaking a Lease in Virginia – Know the Laws

Breaking a Lease in Virginia – Know the Laws

A lease is a contractually binding agreement. It requires a tenant to honor their rent obligations for the entire term, whether or not they live in the property you’ve rented out. There are some exceptions to this blanket rule, though, but discrimination is...
A Guide to the Eviction Process in Virginia

A Guide to the Eviction Process in Virginia

Landlords have certain inherent rights under the Virginia Residential Landlord and Tenant Act. One of these rights is the right to evict tenants for violating the lease terms. But while a landlord has a right to do so, the act also obligates them to follow the proper...
Virginia Security Deposit Laws

Virginia Security Deposit Laws

Under Virginia landlord-tenant laws, landlords are allowed to collect security deposits from tenants at the start of a tenancy. A security deposit offers a landlord a safety net, ensuring compensation for losses arising from their tenant’s actions when renting out a...
Best Practices For Reducing Property Vacancies

Best Practices For Reducing Property Vacancies

Vacancies are incredibly expensive for landlords. Not only do they lose the profit from regular rent payments, but they also have no income to offset the costs of maintaining the property. This can result in an extreme amount of expenses for landlords, so it is...
Renter Applicant Red Flags and Disqualifiers

Renter Applicant Red Flags and Disqualifiers

Tenant screening is critical to finding the right tenant who will care for the property, pay on time, and be a quality tenant for years to come. The tenant screening process should include five critical areas that can help you identify potential disqualifiers when...