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Property Management | Landlord Education Blog


Blog Post Which up and Coming Neighborhoods in Hampton Roads Should You Be Investing in Now?

Which up and Coming Neighborhoods in Hampton Roads Should You Be Investing in Now?

Hampton Roads is home to a huge number of military personnel, with 43,000 active-duty members stationed in the area. That means there's a tremendous demand for rental properties in the seven cities that make up this area.If you're looking to expand your real estate invest...
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Blog Post What Are Typical Application Fees?

What Are Typical Application Fees?

A bad tenant can cost you your sanity and hundreds, sometimes thousands, of dollars. Hampton Roads, Virginia, landlord can reduce their risk of renting to bad tenants by conducting criminal background checks.Tenant screening services can get expensive, which is why many landlords...
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Blog Post How Do You Calculate Prorated Rent?

How Do You Calculate Prorated Rent?

As a Hampton Roads, Virginia, landlord, you want to make as much rental income as you can. You can do this by allowing new residents to move in early or move out late, for a charge.This is defined as prorated rent. Landlords can generate additional income by allowing these except...
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Blog Post Why Should I Look into Hiring a Property Manager in Hampton Roads, VA?

Why Should I Look into Hiring a Property Manager in Hampton Roads, VA?

Are you struggling to keep up with property maintenance, lease management, marketing, and all your other responsibilities? Don't worry; about 70% of property managers handle these tasks! In fact, only 45% of landlords manage their properties alone.With help from a Hampton Roa...
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Blog Post Security Deposits in Hampton Roads, Virginia: A Guide for Landlords

Security Deposits in Hampton Roads, Virginia: A Guide for Landlords

Rents have steadily increased across the nation during the last few years. This translates to greater potential earnings for landlords, but it also means more competition. Landlords must protect their assets while attracting renters.That is why property owners often have question...
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Blog Post Understanding Owner Disbursements: What Every Landlord Needs to Know

Understanding Owner Disbursements: What Every Landlord Needs to Know

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...
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Blog Post Lease Enforcement: Common Lease Violations and How to Enforce Them as a Landlord

Lease Enforcement: Common Lease Violations and How to Enforce Them as a Landlord

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...
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Blog Post How to Choose Leasing-Only Service or Agent: A Guide for Hampton Roads Landlords

How to Choose Leasing-Only Service or Agent: A Guide for Hampton Roads Landlords

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...
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Blog Post Is Outsourcing Your Tenant Screening Process in Hampton Roads, VA a Good Idea?

Is Outsourcing Your Tenant Screening Process in Hampton Roads, VA a Good Idea?

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, ...
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Blog Post Do Property Managers Pay for Repairs in Hampton Roads?

Do Property Managers Pay for Repairs in Hampton Roads?

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 ...
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