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PROPERTY MANAGEMENT BLOG

Exit Strategy 101: How to Sell Your Hampton Roads Property for Top Dollar

Exit Strategy 101: How to Sell Your Hampton Roads Property for Top Dollar

By Lisa Doud MPM® RMP® Thursday, May 2, 2024
Most real estate investors understand the value of buying and holding, but you can’t hold forever. There comes a time when you’re ready to sell an asset and move on to pursue something else. If you know the market and you have a strict set of investment goals that dri...
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Financing Your Hampton Roads Investment Property: Options and Strategies

Financing Your Hampton Roads Investment Property: Options and Strategies

By Lisa Doud MPM® RMP® Thursday, April 18, 2024
For many prospective real estate investors, one of the biggest hurdles to even getting started is securing financing for an investment property. Don’t be too discouraged if you’re unsure of where to come up with the money to buy a property. You don’t have to pay...
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Navigating the Hampton Roads Rental Landscape: A 2024 Guide for Property Owners

Navigating the Hampton Roads Rental Landscape: A 2024 Guide for Property Owners

By Lisa Doud MPM® RMP® Thursday, April 4, 2024
As we work our way through 2024, we’re not at all surprised at the attention that our market is getting in Hampton Roads and throughout southeast Virginia. Local investors who have been here for a while know that’s a diverse and impressive place to buy a rental home. ...
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Maximizing Returns: Understanding the Risks and Rewards of Real Estate Investing

Maximizing Returns: Understanding the Risks and Rewards of Real Estate Investing

By Lisa Doud MPM® RMP® Thursday, March 14, 2024
The real estate market is always a profitable way for savvy investors to generate consistent rental income in the short term and impressive financial returns in the long term. If you understand the market and the strengths of the properties you own, maximizing returns allows you ...
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Home Showing Tips to Attract Quality Tenants

Home Showing Tips to Attract Quality Tenants

By Lisa Doud MPM® RMP® Thursday, February 29, 2024
Showing your property is an important part of renting it out. The marketing process requires a fantastic listing, a lot of online advertising, and ultimately, a showing that converts prospective tenants into applicants. You don’t want to dismiss the marketing and adver...
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Differences Between Investing in Larger Cities and Small Towns

Differences Between Investing in Larger Cities and Small Towns

By Lisa Doud MPM® RMP® Thursday, February 15, 2024
When you’re trying to decide where to invest in real estate, one thing you have to determine is this: where do your best tenants want to live? Do most renters prefer living in a large, metropolitan area, or are they happier in small, residential towns? To successfully ...
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The Benefits of Building a Strong Community in Your Rental Properties

The Benefits of Building a Strong Community in Your Rental Properties

By Lisa Doud MPM® RMP® Thursday, February 1, 2024
One way to retain residents, provide an outstanding rental experience, and establish a great reputation as a landlord is to create a strong community among your tenants and within your rentals. Everyone is searching for a sense of community, and getting to know our neighbors isn&...
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Ensuring Safety in Crisis: A Property Manager's Guide to Preparing for Emergencies and Disasters

Ensuring Safety in Crisis: A Property Manager's Guide to Preparing for Emergencies and Disasters

By Lisa Doud MPM® RMP® Thursday, January 18, 2024
As property managers, it is our responsibility to ensure that tenants are safe in your rental property. We also work hard to protect your investment. We can’t do that if we’re not prepared for unexpected emergencies and potential disasters. Unfortunately, emergen...
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Conditions Required to Collect a Security Deposit at Move-In

Conditions Required to Collect a Security Deposit at Move-In

By Lisa Doud MPM® RMP® Thursday, January 4, 2024
A security deposit is intended to provide some balance to the risk that a rental property owner takes on when allowing someone to move into their rental property. The money you collect as a security deposit is meant to cover the potential costs of repairing any damage that’...
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The Power of Location: Finding the Right Neighborhoods for Your Investment Properties

The Power of Location: Finding the Right Neighborhoods for Your Investment Properties

By Lisa Doud MPM® RMP® Thursday, December 14, 2023
Location is important when you’re choosing an investment property and considering its neighborhood. This is not something you don’t already know. However, a lot of investors can get drawn in by a great property and forget to notice where it’s located. ...
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