Pros and Cons of Allowing Pets in Your Hampton Roads Rental Property

By Cassie Parker 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 Cassie Parker 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 Cassie Parker 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 Cassie Parker 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...

New Landlords: 5 Super Helpful Rental Leasing Tips and Tricks

By Cassie Parker Thursday, December 7, 2023

Rental property owners need to know that one-third of Virginia residents are renters. This can help them when finding prospective tenants.Venturing into the realm of rental properties as a new landlord can be both thrilling and challenging. Navigating the intricacies demands care...

Difference Between Service, Emotional Support Animals and Pets

By Cassie Parker Tuesday, November 28, 2023

Pets are animals people keep for companionship, pleasure, or some other reason unrelated to a disability.When it comes to tenancy, pets are governed by a landlord's pet policy. As such, landlords can charge pet rent, deposits, and fees to tenants keeping dogs, cats, and other...

Understanding Eviction Protection: What It Is and How It Works

By Cassie Parker Tuesday, November 21, 2023

Eviction is a lot more frequent than most people realize. Each year, 2.7 million households get eviction filings.The eviction process helps remove troublesome tenants from a home, protecting the landlord's property. Although this is an option, evicting tenants is not always s...

Avoiding Common Errors on Tax Statements and 1099s

By Cassie Parker Tuesday, November 14, 2023

Did you know that there are over 33 million small business owners in the United States?All of these people make their own income and have to report it every year. The same applies if you collect rental income as a property owner.To do this, you have to have the appropriate tax st...

The Importance of Clear Communication in 'For Rent By Owner' Agreements

By Cassie Parker Tuesday, November 7, 2023

Sometimes when you look at a legal contract, it just looks like gibberish. If you're not a lawyer, what are you to do?That's why trying to create clear terms is a great idea - especially when you're a landlord.Read on to find out why it's so important to have clea...

Myths About Rental Property Pricing in Hampton Roads, VA

By Cassie Parker Saturday, October 28, 2023

Virginia has the 10th highest average rent price of all US states at $1,257 per month.You can make a very good income from rental properties, but you need to be smart if you want to maximize your profits. There are plenty of myths surrounding rental property pricing. Knowing what...