Property Management Blog

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...

Your house has been on the market and it still hasn't sold. Why? Let's go over some of the reasons. First, we'll address those things that are in your control. Listing Photos - They aren't doing your home any favors. Make the investment and hire a professional photographer. While you're at it, hire a professi...

When searching for Property Management services, you will obviously want to know what the fees associated are. Now, there are multiple services offered by management companies, this one included. I'm going to focus specifically on the monthly management fee.  What we offer is "Flat Fee". This is what you will pay monthl...

If you've seen any of my videos lately, you'll recall I've mentioned a lot about the Amazon HQ2 announcement and the investing opportunities that come along with it. Additionally, I mentioned some of the most popular neighborhoods for renters. As an investor, those same neighborhoods should also grab your attention. Today, I&#...