A Guide to the Eviction Process in Virginia
The Virginia real estate market makes a lucrative investment, especially if you plan to invest in rental properties. With Virginia’s growing population, rental property owners can find many opportunities from new residents. Virginia also prides itself on having a...
How to Rent Your Home When You Deploy
Are you currently preparing for deployment? Perhaps you haven’t been able to decide if keeping your current home as a rental property is a good idea or not. Well, if you have opted to rent it out, this is the wisest choice you could have made. If you feel at all...
Virginia Security Deposit Laws
Virginia landlords must abide by the VA Code § 55.1-1226. The code primarily regulates everything to do with how a landlord must handle a tenant’s security deposit including the maximum amount to collect, what deductions to make, and when to return it. As a landlord,...
Virginia Rental Laws – An Overview of Landlord-Tenant Rights in Alexandria
Investing in Virginia rental properties can be a good source of income. After all, Virginia is one of the most lucrative real estate markets in the US. With over 8.6 million residents, rental property owners have a wide range of opportunities in the Virginia rental...
13 Keys Of Rental Success
Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...4 Tips for Managing Multiple Properties – Keyrenter Alexandria
Looking for a way to build your wealth through investments without playing the stock market? If so, investing in real estate is the best way to go. Take it from a group of millionaires who made their fortunes this way—property is one of the most stable forms of equity...Rental Property Tax Deductions: What Landlords Should Know – Keyrenter Alexandria
There are many exciting and interesting things to learn about being a landlord. But, one of the most often overlooked topics is rental property tax deductions! As a new or experienced landlord, you need to take the time to become a master of your taxes to ensure...
A Landlord’s Guide on How to Help Tenants During the Covid-19 Pandemic – Keyrenter Alexandria
The COVID-19 crisis has left millions of Americans in a tight financial spot. Many have been furloughed, laid off, or had to close their businesses. Others are saddled with medical bills from hospital stays or are dealing with grief from losing a loved one to the...
Essential Things to Do If Your Tenant Can’t Pay Rent – Keyrenter Alexandria
The COVID-19 pandemic has put over 40 million people out of work in the US–a full quarter of the labor force. While there are no reliable estimates as to how many of these people are renters, we do know that nearly 50 million people in the US rent their homes. Many...
When Can a Landlord Increase Rent? – Keyrenter Alexandria
A rent increase is a situation that can be stressful for tenants, and also the landlords. Why? A tenant doesn’t like to pay more for the property, and landlords often deal with backlash from some tenants. However, effective tenant retention shows rent increases are a...
Winter Is Around the Corner: Is Your Rental Property Prepared? – Keyrenter Alexandria
According to the Insurance Information Institute, winter weather events are the second leading cause of property insurance claims. In 2019, winter-related claims accounted for $2.1 billion in property losses. As a property owner in Virginia, you might assume that...
Preventing Maintenance Costs as a Property Manager – Keyrenter Alexandria
At rental properties, the best way to lower maintenance costs is through regular, preventative maintenance. Failure to provide regular maintenance can result in significant repair costs, which is why prevention is so important. Maintenance at a rental property can be...
Gardening at Rental Properties: Your Ultimate Guide – Keyrenter Alexandria
Even though it was once a hobby only associated with old women, gardening is seeing a massive spike in popularity right now. What may surprise you is that the largest increase in gardening is happening among young people, primarily millennials. The issue is that while...
5 Tips for Dealing with Vacant Rental Properties
Vacant rental properties lead to substantial financial loss for landlords. It is crucial to ensure that you effectively deal with vacant rental properties to help the rental property to remain profitable. When the property is vacant, the landlord won’t be able to...
The Pro’s and Con’s of Allowing Pets in Your Rental Properties
As a property owner, there are many hard decisions you have to make when choosing which renters to allow at your property. One of these choices is whether or not to allow pet owners. Most pet owners consider their pet as family and wouldn’t even consider living...
How to Spot Red Flag Tenants
We’ve all heard the horror stories of tenants destroying property or failing to pay rent. No one wants to be these tenant’s next victim, but if you don’t know what to look for, it can be daunting trying to spot these “trouble tenants.” Luckily, all it takes is an eye...
Important Items To Include in Your Lease Agreements
When it comes to rental-related documents, it is crucial to put appropriate thought and consideration into your lease agreement. This agreement is intended to protect both the landlord and the tenant, so it is important to include necessary information in the lease...
Top Tenant Screening Tips and Tricks
When you have a vacancy in your rental property, it is important to fill it quickly to ensure that your rental property begins to be profitable. However, it is important to not just rent out your rental property to anyone. A bad tenant can cause even more problems...
Guide to Preventing Pests in Your Rental Properties
Pests are one of the leading causes of damage to rental property. Not only can they cause substantial amounts of damage, but they also increase the likelihood of vacancies in your rental property. Prevention is the best approach to take when it comes to protecting...
How to Turn Your Home Into a Rental Property
There are many reasons you may decide to move from your home. Perhaps your family has outgrown the building, you are required to move for work, or you have another reason for moving. Rather than selling the home, it may be beneficial to convert the home into a rental...
Embracing Technology to Maximize your ROI on a Rental Property
As the younger generations become more likely to rent, it is important to optimize your use of technology. The vast majority of renters search for property on the internet. If your listing can’t be found on the internet, you won’t be able to keep your rental property...
What Type of Insurance Do Landlords Need?
Landlord insurance is a great way to protect your property, and your tenants. Landlord insurance offers coverage to property owners of residential homes, apartments, or condos. If damage occurs at the rental property, insurance will provide protection from financial...