Richmond Property Management Blog

A guide on how to finance an investment property from PMI Richmond

Investors are often looking for ways to create passive income. The real estate market in Richmond VA is a very viable option for creating this kind of residual income. However, one of the barriers to entry is that in order to buy real estate you are typically required to have a s...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for ...

Choosing the Right Fire Alarm for your Rental Property

Hi, my name is Dave Peschio and I am the owner of PMI Richmond (http://www.glenallenpropertymanagementinc.com/) and have been managing properties in the Richmond and Henrico County area for 20 years. Today I want to talk about safety. The safety of your tenants and the protection...

Common mistakes landlords make when hiring a property management firm

There are certainly some financial perks to being a landlord. However, if you try to do it by yourself, you could end up overworked to the point that the extra money doesn’t really seem worth it. That’s why so many landlords choose to hire a property manager. This way they ca...

Fair housing during the pandemic

Believe it or not, the pandemic era we're currently living in could be the best reason yet to hire a property management company. In a time where laws are changing quickly, it's smart to cover all your bases as a landlord. Utilizing the services of a property management company l...

Fire precautions by a PMI property manager credited with saving lives during Richmond house fire

Editor’s note: This article was published in partnership with Property Management Inc. and Stop Loss LLC after Dave Peschio’s fire prevention efforts in Richmond, VA, were credited with helping save the lives of a family. Flames crawled up the side of the house after dark. In...

Five property management tips for finding the right property for you

Buying your first investment or rental property is much like buying a home, but there are a few other factors to consider when the property is also a source of income. As the top property management company in Richmond, we love to help first-time real estate investors get on thei...

Four Things That Will Keep Your Renters Happy

A happy, responsible renter is like gold, and — as with any treasure — you donât want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease. 1. No Surprises The best way ...

Fun holiday adventures in Richmond

Ah, the holidays. You can enjoy delicious meals and treats with friends and family, sip hot chocolate by the fireplace and spend some quality time lounging around watching holiday movies. But sometimes, you just want to get out of the house for a while. Ready to bundle up and enj...

Getting Your Property Rent Ready

When renting out property, it’s important to make sure that you draw in as many good tenants as possible. There are many ways to do this, but one of the most effective ways is to make sure your property is absolutely ready to be sold. Spice things up, fix imperfections,...