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If you have a rental property you know that dealing with repairs to your unit can be expensive and stressful. But could a home warranty help you cover some of these costs—and reduce the hassle? Home warranties can certainly be beneficial should a covered system or appliance break. However, while they may help landlords save money, ...

Property management and property maintenance aren’t considered the same thing by some companies. Depending on the property management agency you choose, maintenance may or may not be included in their fee structure. How can you know if your property manager will be responsible for maintenance, and what is the cost difference b...

Hiring a property manager is a big decision to make. After all, your income property is part of your livelihood, and it’s an investment that you want to last. Working with a property management company has its benefits, but is it the right option for you? Here are three signs it may be time for you to consider hiring a property mana...

As a new landlord, you’re inevitably to make a few mistakes as you establish your income property. Fortunately, you don’t have to let your learning curve jeopardize your relationships with tenants, the profitability of your income property, or your long-term success as a landlord. The following are some of the top mistakes of ...

When making any home improvements to your rental property in Northern Virginia, you want to be sure you’re getting the best return on your investment. Many renters look for upgrades in a rental, especially when they plan on staying in a property long term. Conducting a few minor but important updates can make your property stand ou...

Once tenants sign the lease at your rental property—provided the lease is valid in the state of Virginia—they are entering into a legally binding agreement with you to rent the property for the specified amount of time. However, some tenants will have situations that arise that lead to them terminating their lease early. Whet...

As fall gets into full swing, it’s time for landlords in Virginia to conduct a few key maintenance tasks for their income properties. With seasons changing and the cooler weather here to stay, property owners need to ensure there aren’t any significant issues that could impact their tenant’s safety or cost bundles to fi...

Painting your rental property has many benefits. It helps the place look brighter, cleaner, and newer. It looks great in photos and in person to attract tenants when marketing your property. It also can cover many minor imperfections on the walls, such as marks from picture frames or scuffs from furniture. But when should you paint ...

When you have an income property, you have a lot of decisions to make. Whether or not to allow pets, how to advertise your unit, and how long you want your lease to be are all essential decisions to make. Another important consideration for investment property owners is whether to rent their income properties as furnished units. There a...

As a landlord, your relationships with your tenants are an essential part of your investment. Maintaining these relationships doesn’t just help you have less turnover at your property—it can reflect positively on your business and help you secure future tenants. However, although you may do everything in your power to screen ...