Property Management Blog

MY HOME ISN’T SELLING!What factors could be affecting you and what can you do about it?LocationPriceRising Interest Rates (Bad for buyers = Bad for you)Rising InventoryUncertainty in the economyThese are all factors that could be having an adverse affect on your ability to sell your home.What now?Your house still hasn't sold, wh...

As 2020 approached with the unexpected there were many factors that affected landlords. In this video, I talk about the reasons you need to hire a property manager in 2021. We are going through a pandemic that changed a lot of laws and regulations that caused confusion and chaos. Hiring a professional property manager relieves that stress...

To answer the question, "Who is the best property manager in Northern Virginia," you need to find out exactly what "Best" means to you. What are you looking for? If you're in need of a single family property manager, it doesn't make sense for you to search for a management company that handles multi-unit b...

If you have a rental property, is it worth the cost to hire a professional property manager? When going through the process you need to know what it takes to get the property rented. First you'll need to take quality photos, figure out where you're going to advertise to receive necessary exposure, showing the property as need...

Summarizing the eviction process in Virginia, the most common scenario is for non-payment of rent. The process is typically broken down into 5 steps. 1) Notice (5-Day Notice to Pay or Quit). You can deliver this notice by certified mail, or (and this is what we recommend) you file through the Sheriff's Office and they will post t...

When discussing whether or not you should allow for pets in your rental home, you need to weigh the pros and cons. I'll go through those now along with the steps you can take to protect yourself. Pros - You can provide yourself with additional income. You can charge a monthly pet rent, or a flat fee lump sum to allow for pets in ...

We're basically at the 3-month point from Amazon's announcement that it would be arriving here in Northern Virginia. Let's look at what impact, if any, it has had. First, inventory has declined. That means homes available went under contract at a rate greater than new homes hitting the market. Usually in the last months o...

If you are looking to rent your home this year, the best time to do so is May - August. The height of the market tends to occur June and July. This is when there are historically the most amount of leases signed. This, not coincidentally, coincides with the school year.If you are in a position where you cannot control when you have to ren...

I want to talk about furnished vs. unfurnished rentals. Which is best for you as a landlord? Well, it depends on what you're looking to get out of the rental. Let's talk about furnished rentals first. First of all, what is a furnished rental? It's a rental property with furniture. It can be fully furnished or partially fu...

You're a home owner who's looking to rent out your home or an existing landlord that needs to relist. How are you going to determine the rental rate? I often hear home owners tell me they asked their neighbors, or they looked on some of those popular real estate search sites that offer estimates. Well, unfortunately, neighbor...