3 Tips for Conducting Rental Property Inspections in Hampton Roads, VA

By Cassie Parker Sunday, April 14, 2024

In Virginia, landlords can legally inspect the rental property as often as they please, which protects their investment.Regular inspections are essential for maintaining the property and keeping tenants happy. But because laws vary between states, you may not know your rights as ...

Maximizing Your ROI: Property Marketing Strategies for Landlords in VA

By Cassie Parker Sunday, April 7, 2024

About 7% of rental units in the US remain vacant. If your Hampton Roads, VA properties are empty, you'll start losing money. Having a high vacancy rate will cause you financial and mental stress.Instead of leaving those units vacant, invest in property marketing. Not sure how...

Which up and Coming Neighborhoods in Hampton Roads Should You Be Investing in Now?

By Cassie Parker Thursday, March 28, 2024

Hampton Roads is home to a huge number of military personnel, with 43,000 active-duty members stationed in the area. That means there's a tremendous demand for rental properties in the seven cities that make up this area.If you're looking to expand your real estate invest...

What Are Typical Application Fees?

By Cassie Parker Thursday, March 21, 2024

A bad tenant can cost you your sanity and hundreds, sometimes thousands, of dollars. Hampton Roads, Virginia, landlord can reduce their risk of renting to bad tenants by conducting criminal background checks.Tenant screening services can get expensive, which is why many landlords...

How Do You Calculate Prorated Rent?

By Cassie Parker Thursday, March 14, 2024

As a Hampton Roads, Virginia, landlord, you want to make as much rental income as you can. You can do this by allowing new residents to move in early or move out late, for a charge.This is defined as prorated rent. Landlords can generate additional income by allowing these except...

Why Should I Look into Hiring a Property Manager in Hampton Roads, VA?

By Cassie Parker Thursday, March 7, 2024

Are you struggling to keep up with property maintenance, lease management, marketing, and all your other responsibilities? Don't worry; about 70% of property managers handle these tasks! In fact, only 45% of landlords manage their properties alone.With help from a Hampton Roa...

Security Deposits in Hampton Roads, Virginia: A Guide for Landlords

By Cassie Parker Sunday, February 25, 2024

Rents have steadily increased across the nation during the last few years. This translates to greater potential earnings for landlords, but it also means more competition. Landlords must protect their assets while attracting renters.That is why property owners often have question...

Understanding Owner Disbursements: What Every Landlord Needs to Know

By Cassie Parker Sunday, February 18, 2024

20% of all small businesses fail within one year. 30% close by their second year, 50% by their fifth, and 70% by their tenth.Successful rental property owners need to treat their portfolio like a business. They need to always be aware of everything that's happening at ea...

Lease Enforcement: Common Lease Violations and How to Enforce Them as a Landlord

By Cassie Parker Sunday, February 11, 2024

It's standard practice for rental property owners to require renters to sign a lease before tenancy begins. The lease agreement fleshes out, among other things, the rules the tenant must follow. This can include things like a pet policy, noise regulations, and rent payments.E...

How to Choose Leasing-Only Service or Agent: A Guide for Hampton Roads Landlords

By Cassie Parker Sunday, February 4, 2024

In Virginia, landlord-tenant disputes make up as much as 70% of district court cases. That's why it's so important to have a smooth operation. Everything starts with leasing.Choosing between a leasing-only service or agent is a crucial decision for landlords in Hampton Ro...