Resident Retention: 5 Simple Ways to Retain Residents
By Lisa Doud MPM® RMP® Friday, August 4, 2023
Retaining tenants is one of the best ways to increase your return on investment (ROI). It’s often overlooked by owners, however. Don’t miss out on this opportunity to earn more money with your investment property. It’s worth your time and resources to implement ...
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Investing in a Property Sight Unseen: What You Need to Know
By Lisa Doud MPM® RMP® Friday, July 21, 2023
Diversifying your portfolio of investment properties is a good idea. It eliminates a bit of risk and it allows you to grow and scale what you have in new ways. Sometimes, investing outside of your home market will require you to take a leap of faith. You might even want to invest...
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Landlord’s Guide to ADA Compliance and Reasonable Accommodation
By Lisa Doud MPM® RMP® Friday, July 7, 2023
Fair housing laws are always changing, but there are several requirements in the Americans with Disabilities Act (ADA) that are consistent and unlikely to be altered. For example, the law requires that you provide reasonable accommodations to your tenants and applicants who have ...
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Oversights a Property Management Company Can Help Landlords Prevent
By Lisa Doud MPM® RMP® Friday, June 23, 2023
Call them what you want. Mistakes. Pitfalls. Oversights. When you make an error managing your property, it’s often not a big deal. Mistakes can be fixed. But, a serious oversight can have some lingering and expensive consequences. Violating a fair housing law, for exam...
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Summer Property Maintenance Checklist for Your Rentals
By Lisa Doud MPM® RMP® Friday, June 9, 2023
Summer is coming, and that’s good news for people who don’t love the snow and the cold. With summer, we get longer days and warmer temperatures. We get to spend more time outdoors. As we approach the early days of a new season, it’s time to think about how ...
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Maximizing Energy Efficiency in Rental Properties: A Guide for Property Managers to Improve Savings ...
By Lisa Doud MPM® RMP® Friday, May 26, 2023
Rental properties need to be more efficient if they’re going to be more attractive to modern tenants. This is a simple fact. Whatever your opinions happen to be on climate and environmental sustainability, your rental property uses a lot of energy, and tenants are...
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Key Factors to Consider When Setting Rent Prices for Your Properties
By Lisa Doud MPM® RMP® Friday, May 12, 2023
As a rental property owner in Hampton Roads, it is essential to set the right rent for your unit. Your rent determines if your rental business will be profitable in the long run, as your renters will pay attention to how much your house is worth. You need to ensure that your rent...
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The Future of Property Management for Investors: Trends and Predictions
By Lisa Doud MPM® RMP® Friday, April 21, 2023
There’s no denying it; we are all living in uncertain and challenging times. In the midst of rising inflation and a looming economic downturn, diversifying and future-proofing our investments is a must. Purchasing a property and turning it into a rental can be a highly...
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How To Succeed in a Competitive Real Estate Market
By Lisa Doud MPM® RMP® Friday, April 7, 2023
Are you a property owner or investor looking to make it big in the real estate market? If you are, you need to hear this.Virginia has one of the most competitive real estate markets in the United States. What does this mean for you? As a property owner or investor, you&rsquo...
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Tips For Saving Money During Tenant Turnover
By Lisa Doud MPM® RMP® Friday, March 24, 2023
The rental business is not always lucrative and is subject to substantial risks. One of the most common difficulties landlords face in their residential investment properties is tenant turnovers. Tenant turnovers are a common occurrence and can be hectic as the landlord is requir...
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