Richmond Property Management Blog

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

Is Outsourcing Your Tenant Screening Process in Richmond, VA a Good Idea?If you choose the wrong applicant for your rental property, you could regret it later. The better your screening, the more likely you will see red flags that disqualify potentially bad tenants. However, a qu...

How to Get Tenants to Renew Leases in Richmond, VA

How to Get Tenants to Renew Leases in Richmond, VAThe median rent price in Richmond, VA is anywhere between $1,305 and $1,815, all of which is much higher than a year ago. People are getting fed up, and they're not happy with local landlords.Therefore, it's in your best i...

Should You Allow Pets in a Rental Property?

It's vital to know that 62% of Americans own at least one pet.This means that landlords have a big decision to make when it comes to accepting renters with pets. While there are some unsettling risks, there's still a lot to gain from this move.What should landlords know a...

How Do Evictions Work in Richmond, Virginia? A Guide for Landlords

It's believed that last year there were roughly 3.6 million evictions filed in the United States. It's a sad fact, but sometimes evictions are a necessary part of being a landlord.If your tenant stops rent payments or breaks the conditions of their lease arrangement, you&...

Richmond, Virginia: How to Get Started in the Real Estate Market

Nestled along the banks of the James River, Richmond, Virginia, boasts a rich tapestry of history, culture, and a burgeoning real estate market. As the capital of the Commonwealth, Richmond has become a magnet for those seeking a harmonious blend of Southern charm and urban vital...

Your Guide to the Common Clauses in Commercial Lease Agreements

You've been renting out one of your Richmond, Virginia, properties to a business owner for a few months. Since signing the lease, they've been late on their rent payments more than once.It sounds like you need to sit down with them to have a little talk about the lease ag...

A Guide to Rental Valuation: How to Determine a Fair Rent Price

In recent years, rising rents have been a big part of Virginia's housing crisis. As a landlord, this should be your starting point for any rental valuation.See, determining how much to charge for rent is a game of small margins. Market trends, like the one in Virginia, can ma...

Navigating HOA Evictions: Tips for Tenants and Landlords

Richmond, Virginia's eviction rate is over 11%, making it the second-highest in the country. When a dispute arises, both parties must understand that HOA evictions fall under different rules than a standard eviction.We will share information about Virginia law and HOA propert...

Understanding Property Tax Management in Richmond, Virginia

Thanks to a white-hot housing market, Richmond, Virginia, is experiencing a huge property tax increase this year. If you're a new homeowner, the concept of a real estate tax might seem pretty complicated to you.Changing tax rates, property value assessments, updated laws - it...

How to Enhance Building Security and Access Control for Your Richmond Property

Commercial security does not come cheap: Most businesses spend around five percent of their expenses on security alone. This figure also includes cybersecurity.Whether you're a new business or you simply want better security, protecting your commercial building is important. ...