Patrick H. Page - Friday, May 5, 2023

Tenant relationships are the center of your business as a landlord. After all, without renters, you don’t have a profitable investment. However, maintaining a positive landlord-tenant bond goes further than preventing vacancies. It can ensure your tenants feel safe, happy, and welcome—all the more reason for them to take exce...
Patrick H. Page - Monday, April 10, 2023

Property managers have many roles and responsibilities when working with Northern Virginia property owners. A property manager should have the knowledge and skills necessary to ensure your income property runs smoothly, including knowledge of landlord-tenant laws. When you’re considering hiring a property manager, it’s import...
Patrick H. Page - Monday, March 6, 2023

If you’re a landlord with one or multiple income properties, you may have wondered if setting up a landlord LLC is worth it. A landlord LLC (Limited Liability Company) is a designation that helps limit your personal liability, hence its name. You have the option of setting up an LLC by yourself or with multiple people. Unlike corpo...
Patrick H. Page - Tuesday, February 7, 2023

Hiring a property management company requires doing your due diligence as a landlord. Since your property manager plays a significant role in your investment’s success, choosing the right professional to assist with your income property is essential. But how can you find the best Northern Virginia property management company? The f...
Patrick H. Page - Thursday, January 12, 2023

When you’re an income property owner, you have to decide if you’ll be handling the maintenance of the property yourself or if you should consider hiring a property manager. There’s no one-size-fits-all solution for Northern Virginia property owners when it comes to maintenance. It depends on your skill level, how mu...
Patrick H. Page - Thursday, December 1, 2022

Maintaining an investment property that’s an apartment or apartment complex can be more challenging than maintaining a single-family home.Multi-family buildings come with their own challenges and require proper maintenance to keep the property safe and your tenants satisfied. This is true whether you have a small or large apartment ...
Patrick H. Page - Thursday, November 10, 2022

Extreme weather can happen any time of year, but the dropping temperatures and winter storms that the Northern Virginia area sees can make managing a rental property extra challenging.Bitter cold temperatures can make it harder for your rental property’s heating system to work. Snow and ice create hazardous outdoor conditions and im...
Patrick H. Page - Friday, October 7, 2022

The lease agreement for your income property is essential. It defines your relationship with your renters and the terms for their tenancy while protecting both parties. The lease is a legally binding agreement, so it’s crucial to ensure it’s updated, correct, and reflective of the terms you want your renters to abide by. New...
Patrick H. Page - Thursday, September 8, 2022

Vacancies in your rental property quickly translate to lost income. Ideally, you would avoid vacancies whenever possible and be able to find new tenants easily. Or, even better, renew leases with your existing tenants. However, there are situations where a vacancy is unavoidable. So what can you do in such situations as a landlord in Nor...
Patrick H. Page - Thursday, August 11, 2022

While single-family rentals have always been a popular segment of the rental market, they have experienced a surge during the pandemic and continue to be in demand. Currently, single-family rentals now house 42% of all renters. Starter homes are also in short supply right now, which means more people are renting until they can afford to ...