Having to evict a tenant can cost you anywhere from $3,500 to $10,000. Add in the additional work and time taken to handle an eviction and you'll want to do whatever you can to avoid it.One of the ways you can help to make sure you don't have to go through this process is...
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What Do Landlords Need to Know about Security Deposits?
By Cassie Parker Wednesday, November 9, 2022
Renters occupy 36% of the nation's 122.8 million households. A huge part of the US housing market is dedicated to those who rent vs. buy housing. While many renters are responsible, pay their rent, and care for the property. Some do not, so gathering security deposits is...
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Did you know that, out of the almost 123 million households in America, nearly 40% of them belong to renters instead of owners?Owning one or more rental properties is a great way to get a steady income on its own or as a supplement to your main job. One of the biggest questi...
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Why Should You Outsource Your Property Management?
By Cassie Parker Wednesday, October 26, 2022
Have you recently purchased rental property?If so, then you already understand that this type of real estate is one of the best investments you can make. After all, owning rental property allows you to generate passive income for decades. This is ideal for building wealth for ret...
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If you've spent any amount of time in the Hampton Roads area, you know the area has a lot to offer. It's more than beaches and natural beauty (although that definitely doesn't hurt!), it's the food, history, and the endless number of things to do. Whatever yo...
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Did you know that there are more than 15 million rental properties around the country?Countless Americans rent properties for residential and business use and this is excellent news for landlords and property managers. As a landlord, you have a great opportunity to...
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Property Manager’s Guide to Tax Time and Sending 1099s to Landlords
By Cassie Parker Wednesday, October 5, 2022
For some landlords, even the thought of taxes sends shivers down the spine. Luckily, property managers are responsible for handling and sending out rental property tax forms for landlords to fill out.Whether you are a landlord or property manager needing information on 1099s...
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The Pros and Cons of Allowing Pets in Your Rental Property
By Cassie Parker Wednesday, September 28, 2022
Did you know that over 90 million families in the United States have pets? Animals are an excellent resource for family love, emotional support, and learning how to take care of a living thing.However, sometimes it can be difficult to allow pets in a rental property. Have you eve...
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There's no denying that real estate is a great investment.In fact, buying real estate is one of the best ways of building wealth for retirement. This is especially true of rental property. But owning rental property is a lot of work because you have to focus on property maint...
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Is Outsourcing Your Tenant Screening Process a Good Idea?
By Cassie Parker Wednesday, September 14, 2022
In today's rental market, there is no shortage of people who need affordable housing. According to the US Department of Housing and Urban Development, there are 43.6 million rent-based households in America. As a landlord in Virginia, that means an excellent opportunity to ea...
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