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Do You Need a Home Warranty If You Have a Property Manager?

Patrick H. Page - Wednesday, June 8, 2022
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, ...

Is Maintenance Included in My Property Management Costs?

Eric Guggenheimer - Monday, May 9, 2022
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...

Should You Hire a Property Manager? 3 Signs It May Be Time

Eric Guggenheimer - Monday, April 11, 2022
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...

Top Mistakes of New Landlords in Virginia

System - Monday, March 7, 2022
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 ...

What Home Improvements Should I Make to My Income Property?

Eric Guggenheimer - Tuesday, February 8, 2022
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...

Options for Landlords if Virginia Tenants Want to Terminate Their Lease Early

Eric Guggenheimer - Tuesday, January 11, 2022
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...

Fall Rental Maintenance Tasks for Virginia Landlords

Eric Guggenheimer - Monday, December 6, 2021
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...

When Should You Paint Your Rental Property?

Eric Guggenheimer - Monday, November 8, 2021
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 ...

Should You Rent Your Income Property Furnished?

Eric Guggenheimer - Tuesday, October 5, 2021
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...

How Property Managers Can Improve Relationships Between Tenants & Landlords

Eric Guggenheimer - Thursday, September 9, 2021
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 ...

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