Property Management Blog

5 Key Factors in Commercial Property Valuation in Richmond, VA

Are you thinking about becoming a commercial rental property owner in Richmond?Valuing commercial property is essential when buying or selling in Richmond. Accurate property assessment ensures that buyers and sellers make informed decisions.In Richmond, several factors influence ...

How Often Should a Landlord Inspect Rental Property in Richmond, VA?

Despite a nationwide slowdown in rental demand and a fall in rental prices, Richmond, VA is bucking the trend. The city posted modest growth in prices and demand last year in prices and demand, and this should remain steady throughout 2024.As a Richmond landlord, one essential wa...

Strong Relationships: Effective Communication Tips for Richmond Property Owners and Managers

Establishing and maintaining strong relationships with tenants is not just beneficial; it's essential for the success and sustainability of your investment property in Richmond. Effective communication is the foundation of any solid relationship, and when it comes to the land...

Richmond Accidental Landlord Tips

Did you know that 10.6 million Americans earn income from rental properties? If you're now among them, congratulations! Joining the ranks of accidental landlords in Richmond, VA can feel daunting, though.Instead of going in blind, use our accidental landlord advice. With thes...

Investing in Richmond Real Estate: What Property Owners Need to Know

Are you investing in Richmond real estate? Great. It’s a strong market, and you’ll find that there are some pretty attractive opportunities here, whether you’re investing for the first time or looking for ways to grow a portfolio of properties. Maybe y...

Which Up and Coming Richmond, VA Neighborhoods Should You Be Investing in Now?

Richmond, VA, is an excellent choice for astute investors looking for rental properties. This booming tourist city has affordable real estate prices, many landlord-friendly policies, and a growing economy.Coupled with a growing population, the magic formula above is key to your r...

Creating Your Real Estate Portfolio in Richmond: A Strategic Approach

As Richmond property management professionals, we talk to a lot of people who would like to get into real estate investing, but they feel slightly intimidated. If that sounds like you, you’re not alone. It can feel overwhelming; to invest so much money in a proper...

What Do Landlords Need to Know about Security Deposits in Richmond, VA?

Who wouldn't want a safety net when managing property? Security deposits serve precisely that role, safeguarding your investments against unexpected tenant-related damages.However, the laws and procedures surrounding these deposits in Richmond, VA can be as complex as the iss...

Key Strategies for Long-Term Property Investment in Richmond

Investing for the long term is a good idea. With the Richmond rental market growing and rental rates rising, you’ll find that the longer you hold onto a property, the more money you can make on it. But, what about maintenance? What about retaining and finding good...

Streamlining Property Accounting: Benefits of Outsourcing for Richmond, VA Property Managers

You need good numbers if you want to see success as a property owner. There are a lot of expenses that add up over time, so you must be able to determine if your properties make money. And to do that, you need great accounting.There's a reason why accounting is one of the mos...