Legal and Optional Tenant Maintenance Responsibilities in Richmond, VA

By Kelly Coffman Saturday, September 14, 2024

Property maintenance is crucial for both landlords and tenants to ensure a safe and habitable living space. Property maintenance isn't just about making sure your property looks the part; it's a legal obligation. Landlords must provide functional systems like heating, plu...

How Section 8 Decides if Your Rent Is Reasonable

By Kelly Coffman Saturday, September 7, 2024

The Section 8 Housing Choice Voucher Program is administered by the U.S. Department of Housing and Urban Development (HUD). It assists low-income individuals and families afford rental housing by providing rental assistance. For landlords participating in the housing assistance p...

Benefits of Online Portals for Owners and Tenants in Richmond, VA

By Kelly Coffman Wednesday, August 28, 2024

Owning a rental property can be lucrative, but you'll have to juggle many responsibilities. Fortunately, there are solutions to simplify the work. If you're looking for a way to streamline Richmond property management, look no further than an online tenant portal.Curious ...

Decrease Vacancy With Creative Leasing Strategies in Richmond, VA

By Kelly Coffman Wednesday, August 21, 2024

Hoping to get the best return on your property investment? Then you'll need to keep your property occupied consistently. But finding reliable tenants in Richmond's competitive market means you'll need to be creative.Read on to discover the best rental leasing strategi...

Property Manager's Guide to Tax Time and Sending 1099s to Landlords in Richmond, VA

By Kelly Coffman Wednesday, August 14, 2024

According to the IRS, around 10.6 million people in America declared rental income on their last tax returns. If you're a landlord or a self-employed property manager, you'll be part of this number the next time the Revenue Service wants its dues.Navigating tax statements...

What's Next After Buying Your First Rental Property in Richmond, VA?

By Kelly Coffman Wednesday, August 7, 2024

According to the Internal Revenue Service, about 10.6 million Americans earn income from rental properties. If you're now one of them, congratulations! As a new real estate investor in Richmond, VA, it's important to have a plan.Otherwise, you won't maximize your new ...

4 Key Steps in a Rental Analysis in Richmond, VA

By Kelly Coffman Sunday, July 28, 2024

You can't take your rental profitability for granted, no matter how good a deal you achieved when buying your rental property. Real estate requires a systematic approach, including a comprehensive analysis to determine how you will make money from this new asset.If you are ne...

Step-By-Step Guide: For-Rent-By-Owner Tips for Success in Richmond, VA

By Kelly Coffman Sunday, July 21, 2024

The first time you fixed a bug on your computer or figured out what that annoying beeping sound was in your car, maybe you felt a small sense of satisfaction at figuring it all out without calling in the experts.If so, you'd probably thrive with a real estate approach known a...

Effective Portfolio Management Strategies for Long-Term Gains in Richmond, VA

By Kelly Coffman Sunday, July 14, 2024

If you realized a healthy profit on one rental property, imagine making a profit five, ten, or even twenty-fold once you buy more real estate in Richmond, VA. That exciting prospect leads people to pursue a full-time career as a real estate investor.But before you go down this ro...

Top 5 Reasons to Choose a Leasing-Only Service in Richmond, VA

By Kelly Coffman Sunday, July 7, 2024

Real estate might be an exhilarating challenge, but it shouldn't be overwhelming. If the everyday demands of getting a tenant for your property feel overwhelming, it's time for a plan B.Leasing-only services are a simple way to quickly get experts on the case and attract ...