PROPERTY MANAGEMENT BLOG

How a Pet-friendly Property Can Attract More Portsmouth Renters

By Lisa Doud MPM® RMP® Friday, November 12, 2021

Owning a pet-friendly property can be an asset. It can attract more Portsmouth renters than houses that don't allow pets. Approximately 46 percent of tenants in the United States own pets, thus driving the demand for a pet-friendly rental property.Additionally, offering a few...

Tips to Reduce Vacancy in Your Hampton Roads Rental

By Lisa Doud MPM® RMP® Friday, November 5, 2021

Vacant rentals can be a major cause of distress for any property owner as many landlords rely on their rental income to pay their mortgage and taxes. Managing the costs of maintenance, repairs, advertising, and conducting the tedious tenant screening process over and over till th...

How to Protect Your Norfolk Rental Property from Extreme Weather

By Lisa Doud MPM® RMP® Friday, October 29, 2021

The state of Virginia is often prone to extreme weather conditions. Tropical storms, floods, wildfires, tornadoes, blizzards, hurricanes, winter storms, and landslides are disastrous but common weather conditions in Virginia. Stormy snowfalls can occur any time, along with flying...

Investor's Guide to Raising Capital for Portsmouth Multifamily Real Estate

By Lisa Doud MPM® RMP® Friday, October 22, 2021

If you're planning to make a long-term multi-family rental investment, Portsmouth is an excellent place to start. Reasonable property rates, high rental income, and a growing population of around 95,097 are some of the potential reasons for investing in multi-family rentals i...

Documents All Hampton Roads Real Estate Investors Should Have on Hand

By Lisa Doud MPM® RMP® Friday, October 15, 2021

Buying a rental property is no cakewalk. You have to go through challenging procedures, such as analyzing the real estate market, selecting a property, managing finance, and most importantly making ready the documentation required for real estate investment. It is a crucial step ...

How to Handle Noise Complaints in Your Norfolk Apartment Building

By Lisa Doud MPM® RMP® Friday, October 8, 2021

Noisy renters are one of the worst problems that landlords must handle. Specifically, with multifamily properties such as quadplexes or apartments, the noise issues on-premises are even more severe due to proximity. However, landlords can handle noise complaints with the hel...

Property Damage or Normal Wear and Tear? Norfolk Property Management

By Lisa Doud MPM® RMP® Friday, October 1, 2021

A Norfolk rental property undergoes deterioration due to different factors, such as negligence, mishandling, weather changes, and warranty of things. The difficult part is to differentiate between damages caused by tenants and normal wear and tear.The following information can he...

What Are Tenants Responsible for in a Portsmouth Rental Home

By Lisa Doud MPM® RMP® Friday, September 24, 2021

Tenants and landlords have distinct roles to play in making an effective tenancy possible. Better cooperation will result in longer leases, adding to the convenience of both parties. As Portsmouth renters, you need to know the tenant responsibilities outlined under the Virginia R...

Landlord Responsibilities: Norfolk Property Management Education

By Lisa Doud MPM® RMP® Friday, September 17, 2021

As a landlord in Norfolk, you need to be aware of your responsibilities. A landlord has to perform multiple duties such as looking after the maintenance of the property, inspecting, and dealing with the renters. Being aware of your obligations and responsibilities will help you f...

Benefits of Investing in Norfolk Multifamily Real Estate

By Lisa Doud MPM® RMP® Friday, September 10, 2021

Investing in multi-family units is a lucrative decision, especially in Norfolk, Virginia, the second-largest city in the state. Many visitors and tenants are interested in Norfolk due to the seasides' great living environment and popularity. It is one of the most sought-after...

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