Richmond Property Management Blog

How to Keep Great Tenants in Your Investment Property

How to Keep Great Tenants in Your Investment PropertyAbout two-thirds of all renters renew their leases. How many of your tenants decided to stay last year? If you're not generating renewals, you're missing a chance to maximize your earning potential!Read on for the tips ...

How To Manage Landlord Stress In Richmond, VA

You feel overwhelmed. Your blood pressure rises. You're agitated.These are all common symptoms of stress. If you're a landlord, you probably know these feelings all too well.As a landlord, learning how to manage stress is critical. It's crucial for your health and wel...

How Often Should a Landlord Inspect Rental Property in Richmond, VA?

When investing in real estate, rental properties can be a great choice. If you manage them well, you can make a solid income.One of the key aspects of managing properties involves inspecting them to make sure they're suitable for tenants. You can't do this at any time you...

Is Outsourcing Your Tenant Screening Process in Richmond, VA a Good Idea?

Is Outsourcing Your Tenant Screening Process in Richmond, VA a Good Idea?If you choose the wrong applicant for your rental property, you could regret it later. The better your screening, the more likely you will see red flags that disqualify potentially bad tenants. However, a qu...

How to Get Tenants to Renew Leases in Richmond, VA

How to Get Tenants to Renew Leases in Richmond, VAThe median rent price in Richmond, VA is anywhere between $1,305 and $1,815, all of which is much higher than a year ago. People are getting fed up, and they're not happy with local landlords.Therefore, it's in your best i...

Should You Allow Pets in a Rental Property?

It's vital to know that 62% of Americans own at least one pet.This means that landlords have a big decision to make when it comes to accepting renters with pets. While there are some unsettling risks, there's still a lot to gain from this move.What should landlords know a...

How Do Evictions Work in Richmond, Virginia? A Guide for Landlords

It's believed that last year there were roughly 3.6 million evictions filed in the United States. It's a sad fact, but sometimes evictions are a necessary part of being a landlord.If your tenant stops rent payments or breaks the conditions of their lease arrangement, you&...

Richmond, Virginia: How to Get Started in the Real Estate Market

Nestled along the banks of the James River, Richmond, Virginia, boasts a rich tapestry of history, culture, and a burgeoning real estate market. As the capital of the Commonwealth, Richmond has become a magnet for those seeking a harmonious blend of Southern charm and urban vital...

Your Guide to the Common Clauses in Commercial Lease Agreements

You've been renting out one of your Richmond, Virginia, properties to a business owner for a few months. Since signing the lease, they've been late on their rent payments more than once.It sounds like you need to sit down with them to have a little talk about the lease ag...

A Guide to Rental Valuation: How to Determine a Fair Rent Price

In recent years, rising rents have been a big part of Virginia's housing crisis. As a landlord, this should be your starting point for any rental valuation.See, determining how much to charge for rent is a game of small margins. Market trends, like the one in Virginia, can ma...