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Investing in multiple rental properties can be rewarding, but it isn’t without its challenges. When you’re a landlord who wants to capitalize on the excellent rental market and purchase more properties, there are a few things to consider. Here, we look at the benefits and considerations of purchasing more properties when you&...

Owning a rental property comes with various responsibilities, including budgeting for expenses. To ensure financial stability and peace of mind, it’s crucial to have a realistic understanding of your property costs as a landlord. Here, we explore different categories of property-related expenses and provide insights on how much you...

All properties need updates over time, and this is especially true for rental properties. Tenant turnover can cause more wear and tear on your investment, so making improvements as necessary can help protect your rental and keep it appealing to future tenants. Keeping your rental property updated can have a significant impact on ten...

As a landlord, protecting your investment property is essential, and landlord insurance is part of that protection. Landlord insurance is a specific type of insurance designed to provide coverage for rental properties. While it’s not a legal requirement in many states (including Virginia), having the right insurance can offer peace...

As a landlord, ensuring that your rental property is well-maintained is crucial for the safety and comfort of your tenants and the profitability of your investment. Preventative maintenance is a proactive approach to property maintenance that can help you avoid costly repairs and keep your investment running smoothly. Why is proactive m...

Whether you’re looking for a new rental property or getting your existing one ready to rent out, it helps to know when a property is “rent-ready.” Being rent-ready means the property is ready for tenants to move in. Getting a rental property ready for tenants involves several key steps to ensure it’s in optimal co...

When you’re a property owner looking for a property management company, there are several things to consider. You want an experienced and knowledgeable professional who’s also responsive and friendly. But you also want a company with a proven reputation and a strong local presence. So what should property investors look for w...

An average of 340,000 homes in the United States experience fires each year, and thousands of people die in fires annually. When you have an income property, you need to be sure it’s as safe as possible from a potential fire to protect both your tenants and your investment. So what can you do to ensure proper fire safety at your i...

If you’re considering purchasing an investment property in a community with a homeowner’s association (HOA), you may not be able to rent your property as planned. HOAs have certain restrictions on rental properties that may make it more challenging to have the rental property you’ve been dreaming of. So what do you nee...

If you have a rental property in Northern Virginia, it’s imperative to have the right kind of insurance to protect your investment. But what kind of insurance do rental property owners need? A simple homeowner’s insurance policy is not enough. Landlords need what is commonly called a landlord policy for their rental property....