Understanding Owner Disbursements: What Every Landlord Needs to Know
By Renters Warehouse Sunday, February 18, 2024
20% of all small businesses fail within one year. 30% close by their second year, 50% by their fifth, and 70% by their tenth.Successful rental property owners need to treat their portfolio like a business. They need to always be aware of everything that's happening at ea...
Lease Enforcement: Common Lease Violations and How to Enforce Them as a Landlord
By Renters Warehouse Sunday, February 11, 2024
It's standard practice for rental property owners to require renters to sign a lease before tenancy begins. The lease agreement fleshes out, among other things, the rules the tenant must follow. This can include things like a pet policy, noise regulations, and rent payments.E...
How to Choose Leasing-Only Service or Agent: A Guide for Hampton Roads Landlords
By Renters Warehouse Sunday, February 4, 2024
In Virginia, landlord-tenant disputes make up as much as 70% of district court cases. That's why it's so important to have a smooth operation. Everything starts with leasing.Choosing between a leasing-only service or agent is a crucial decision for landlords in Hampton Ro...
Is Outsourcing Your Tenant Screening Process in Hampton Roads, VA a Good Idea?
By Renters Warehouse Sunday, January 28, 2024
As a landlord, tenant screening can often fill you with the same doubts as someone about to leave on vacation who wonders if they left the iron on. Even when you feel you have done a thorough job, that nagging question remains: what if I missed something?There is an alternative, ...
Do Property Managers Pay for Repairs in Hampton Roads?
By Renters Warehouse Sunday, January 21, 2024
In Virginia, a tenant has a right to a livable dwelling unit. If a condition exists in a rental dwelling that threatens the life and safety of a tenant, they can terminate their rental agreement and receive a full refund.This can cost landlords thousands of dollars. The best way ...
How to Manage Landlord Stress in Hampton Roads, VA
By Renters Warehouse Sunday, January 14, 2024
83% of Americans experience work-related stress, and landlords are no different.Just because you own a rental property doesn't mean that you're coasting through your work life. There are plenty of landlords with highly successful commercial and residential rental properti...
Pros and Cons of Allowing Pets in Your Hampton Roads Rental Property
By Renters Warehouse Sunday, January 7, 2024
Rental properties can be great investments, and you should always aim to maximize your profits. To do this, you'll have to make various choices, and they won't always be simple.One thing you need to decide is if you're willing to allow pets on your property. There are...
How Rental Analysis Makes You a Smarter Real Estate Investor in Virginia
By Renters Warehouse Thursday, December 28, 2023
The rent in Virginia has increased by almost 24% in the past decade. This means the future is bright for any potential properties you have or plan to get.Smart real estate investors understand that staying ahead in this market makes all the difference. It demands data-driven deci...
Overwhelmed by Real Estate: How Landlord Rescue Saves the Day
By Renters Warehouse Thursday, December 21, 2023
It's sobering to know that 55% of people feel stressed on an everyday basis.A root cause of this is having a demanding job. While every industry has its woes, no one can deny that being a landlord is demanding. The uplifting news is that landlords don't have to suffer by ...
Leasing Management vs. Property Management: What's the Difference?
By Renters Warehouse Thursday, December 14, 2023
A quarter of Americans believe real estate investment is the best way to get rich.Are you a property investor or someone interested in the real estate industry? If so, it's crucial to understand the distinctions between a leasing agent role and a property manager one. They...
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