What's Next After Buying Your First Rental Property in Richmond, VA?
According to US Census data, landlords earn an average of $97,000 annually. As a real estate investor, you could earn even more by applying the right real estate investment strategies to multiple properties.Leveraging technology, tracking market trends, and outsourcing tasks can ...
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Understanding Virginia's Eviction Process and How to Navigate It
Dealing with tenant evictions is one of the most stressful situations a landlord can face. Whether it's due to non-payment of rent, lease violations, or other issues, evictions disrupt the normal flow of your rental income and can create significant financial strain. However,...
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5 Insights for Landlords from Property Management Pros
Real estate investing can be lucrative, but effectively managing rental properties is a skill that sets successful investors apart. Property managers excel in maximizing ROI, keeping properties profitable, and maintaining tenant satisfaction. By adopting these five key insig...
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Tips to Attract Tenants in a Tough Richmond, VA Market
In a challenging rental market in Richmond, VA, attracting tenants can feel like a major feat.The city's competitive real estate landscape means landlords must stand out and grab renters' interest right away.The good news is that there are effective property marketing str...
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How to Keep Great Tenants in Your Investment Property
Around 13% of subsidized housing units in Virginia were unoccupied and in need of tenants, according to USAFacts.Holding onto great tenants is one of the best strategies for building a stable investment portfolio. When tenants stay longer, property owners reduce turnover-related ...
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How Often Should a Landlord Evaluate a Rental Property's Condition? A Richmond, VA Guide
If you're a Richmond, VA landlord, rental property condition evaluations should already be part of your overall business strategy. Evaluations are not simply a matter of compliance or of keeping your properties in good shape.They are how you identify issues quickly and b...
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How to Manage Landlord Stress: Advice for Richmond, VA Landlords
There's nothing to be ashamed of if you have a good cry every once in a while. Some surveys have determined that even men cry about four times a month.Landlords especially have many good reasons to cry. It's a stressful job, collecting rent, arranging for property mainten...
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