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The tenant screening process is undoubtedly one of the most influential factors when it comes to managing your rental property. Without taking the proper steps to ensure the applicant is a good fit for your unit, you could end up with a tenant who can’t afford the rent or has had several previous evictions.While having the potential...

When looking for a qualified property management company to assist with your investment property, you want to have the right professionals in your corner. Experienced property managers can lower the stress of having a rental unit and make it easier for you to enjoy your investment while they worry about the details.In your search for the ...

People decide to rent out their primary residence for a variety of reasons. They may be taking an extended vacation, permanently moving but are not yet able or willing to sell their home, or they may be renting to relatives or friends.Whatever the reason is for transitioning your home to a rental property, you will need to consider differ...

As a landlord, it’s understandable that you’d want to keep your rental unit occupied, ideally with a long-term tenant that abides by the terms of your lease.However, what happens when a tenant gives notice that they intend to break their lease early and vacate the property? A lease is a contract signed by the tenant that is, i...

As the fall season settles in and winter slowly approaches, property managers throughout the Northern Virginia and DC area are beginning to prepare their rentals for the cooler seasons.While your efforts go a long way to ensuring your property stays safe during the winter, communicating with your tenants is an essential component of prepa...

In addition to preparing your income property to rent, you also need to ensure you have a detailed application for potential tenants to fill out. Tenants should include all necessary information on the application for you to review.Screening tenants is essential to finding the right renter for your property, and one who will respect the r...

Your lease agreement with your tenants not only outlines the terms of their residency, but also legally protects you should an issue happen.It’s important to be specific in your lease to avoid uncertainty and to make your agreement enforceable. What exactly should you include in your tenant residential lease agreement? Here are a fe...

As with any property, an investment property is going to cost you money in regular maintenance and repairs. While it’s difficult to pinpoint an exact amount you should have saved for repairs, there are some general rules to keep in mind.Some property owners think DIY repairs will save money, but the reality is that they can cost you...

Having an investment property can be hugely rewarding, but it comes with its challenges, risks, and costs. When a tenant’s lease is up or an eviction has taken place and you need to turn over the unit, you’re likely wondering when exactly your unit can be considered “rent ready”.Getting your property ready to rent ...

When considering hiring a property management company, it makes sense to know what fees they charge and what services these fees will cover.While every company varies in whether they charge a flat fee or a percentage, what types of fees, and what these fees involve, there are some general charges that nearly every company will have to pro...