Rent increases are an important aspect of managing properties in the rental market, but both landlords and tenants need to be aware of the rules and regulations that govern these adjustments. In the state of Virginia, there are certain guidelines surrounding the maximum allowable rent increases, and in this article, we will provide an informative …
Owning a rental property can be a rewarding investment, providing a source of income and potential for long-term financial growth. However, it also comes with its fair share of risks and responsibilities. One crucial decision for property owners to consider is whether or not to place their rental property in a Limited Liability Company (LLC). …
When we examine the responsibilities of real estate agents and property managers in Virginia, we discover an ever-changing field full of opportunities and obstacles. In this blog post, we take a closer look into understanding the rules for obtaining licenses and maximizing the advantages while maintaining legal practices. What is a Property Manager? Property managers …
Can a Real Estate Agent be a Property Manager in Virginia? Read More »
If you’re a landlord, it’s important for you to understand what fair housing laws are and why they’re crucial to be aware of and to comply with. Understanding fair housing laws includes knowing which protected classes are covered under these laws, the advertising practices you’re allowed to follow, how tenant screenings need to be conducted, …
Renting out your property in Virginia is a great way to make money…that is, if they actually pay their rent on time…and take care of your property…and avoid illegal or dangerous activities that lead to eviction or put your property value at risk. With all of these stipulations that determine the profitability of your rental …
Screening Tenants for Your Rental Property: Tips and Tricks Read More »
While the short answer to this question is that landlords in Virginia are not legally obligated to require renters insurance, there are more factors that you’ll need to keep in mind before you decide whether or not you’ll require your tenants to purchase renters insurance. Before you rent out your property in Virginia, it’s crucial …
Do Virginia Landlords Require Renters Insurance for their tenants? Read More »
If you’re living abroad and still working to maintain rental property, you should seriously consider working with a high-quality, full-service Northern Virginia property management team. Choosing a team may seem challenging, but when you know the right questions to ask and have some insight into critical local regulations on rental property, you can find an …
Managing Rentals Overseas | Northern Virginia Property Management Tips Read More »
