Property Management Blog

Financial Reporting Made Easy: Effective Budgeting and Reporting for Property Managers in Chesapeake...

Have you decided to turn your property in Chesapeake, VA, into a rental and manage it yourself? If so, it's a wise move. According to ZipRecruiter, landlords in the city make an average annual salary of $91,047, with the top earners taking home as much as $146,650!However, yo...

Real Estate Auctions: Buying and Selling Properties with Confidence in Virginia Beach

According to Norada's 2024 real estate report, Virginia Beach homes for sale receive an average of three offers and sell within 18 days of hitting the market. These are already highly competitive numbers, but what if buyers could get even more offers and sell even faster?Noth...

Navigating Real Estate Financing: Options and Considerations in Virginia Beach

If you've been tracking real estate trends here in Virginia Beach, you know that inventory is going up but interest rates remain on the higher side. It's not a bad time to invest in rental properties, but your dollar may not stretch quite as far in 2024.Under these condit...

Myths About Rental Property Pricing

Setting the right price for a rental property can be challenging, especially for new or inexperienced landlords. Pricing too high can result in long vacancies, while pricing too low can mean missing out on potential income.Many landlords struggle to find the right balance and oft...

Benefits Of Online Portals For Owners And Tenants

You are already behind the market if you have not modernized your rental. Gen Z is now the generation driving rental growth, and they are accustomed to using technology in every aspect of their lives. As a landlord, you need to be prepared to meet these expectations.A tenant port...

Open House Success: Tips for Hosting a Memorable Property Showing in Virginia Beach

Setting up an open house is like getting ready for a date. You have to do everything in your power to make the property look its best.It requires a lot more work than picking out an outfit or putting on makeup. It can be a nerve-wracking experience, but it's essential if you ...

Selling Your Property? How to Create Irresistible Real Estate Listings in Virginia Beach

Have you ever wondered why some homes in Virginia Beach sell within days while others linger on the market for months? What if you could be the one with a "Sold" sign in your yard next week?Crafting irresistible real estate listings is the key to achieving that quick sa...

How to Thrive as an Accidental Landlord in Virginia Beach: Expert Tips and Advice

Did you recently inherit a residential property in Virginia Beach? Congratulations! Unfortunately, the rental vacancy rate in the US is over 6%.Without a plan, your newly acquired property could remain vacant and become an expense. Before that happens, use these tips to thrive as...

3 Crucial Facts About Security Deposits in Virginia Beach, VA

As a landlord, there's a good chance you've encountered some damage to your listings regardless of how careful the tenants are. The most common kinds of tenant damage include holes in walls, stains, water damage, and foul odors.One of the best ways to prepare for potentia...

Demystifying the Real Estate Market: Key Trends and Insights

As the old adage goes, "Virginia is for lovers." But beyond its romantic allure lies a dynamic and ever-evolving real estate landscape that demands attention and understanding.But what do you need to know to navigate this market with ease? We've got the 411.Read on ...