Unlocking the Secrets of Effective Property Management and Real Estate Investing around Richmond, VA: Expert Insights and Tips

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...

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...

Mitigating Landlord Risk by Adding a Property Manager as Additional Insured

Top Line: Adding your property manager as Additional Insured on your policy is a best-in-class practice that can save an owner thousands of dollars. As a property owner, protecting your assets is paramount. One effective strategy is to hire a professional property manager w...

Hoarding as a Protected Disability in Rental Housing: What Landlords Need to Know

Disclaimer: This blog is for informational purposes only and should not be considered legal, financial, or tax advice. Always consult with a qualified attorney, accountant, or financial advisor to assess your specific situation before making decisions regarding real estate invest...

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...

Umbrella Insurance for Multiple Rental Properties

Umbrella insurance is a valuable tool for real estate investors to mitigate liability risks. This is especially true for those who do not hold their properties under Limited Liability Companies (LLCs) as umbrella policies can provide an extra layer of protection beyond the l...

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 ...

Who Is Responsible for Gardening at a Rental Home?

Renting a home with a garden can be a delightful experience, but it also raises questions about responsibility for landscaping. Maintaining the outdoor space is essential not just for the home’s aesthetics but also to ensure property value is preserved. However, the questio...

Why PMI James River Requires Contractors to Name Us as Additional Insured

At PMI James River, we prioritize protecting our clients and their assets, as well as our contractor partners. As part of this risk management strategy, we require all contractors to name PMI James River as an Additional Insured on their General Liability insurance poli...

A Primer on Insurance Requirements for Contractors Working with Property Managers

Property managers operate in a complex and high-risk legal environment, where contractor compliance with insurance requirements is paramount. For companies like PMI James River, ensuring that contractors carry the necessary coverage is not just a best practice—it’s a ...