Property Management Blog

Photo by Pixabay via PexelsAre you a tenant and thinking of buying a home in the near future?  You're going to need a preapproval. This tells real estate agents (and sellers) that you're serious about the home-buying process and it alerts sellers that you're a solid, low-risk candidate. Preapprovals aren't a...

Have you set your landlord goals for 2020?  Do you want to make more money in 2020 or save more time as a landlord?  In this video we offer 5 tips to help you set the right goals for you- maybe it’s getting organized as a landlord or surrounding yourself with the right partners.  Either way, setting us some good landl...

Looking for a new interesting place to dine in Vienna, VA?  Try Blend 111 on Church St.  If you haven't been here yet, we think it's a MUST if you enjoy unique cuisine.  Here you can enjoy a variety of dishes and great wines from France, Spain and South America.  The menu is unique and delicious!  Their br...

What is considered normal wear and tear in a rental property?  This is a common question we get.  Knowing the difference between normal wear and tear vs damages will help you when you do a security deposit refund.  Reasonable wear and tear are things like wall scuffs, minor nail holes, normal carpet wear.  There link t...

Does your tenant pay rent late month after month? (Know your options so you can stop stressing)

Landlord Tenant Lease Agreement Essentials - 5 KEY LEASE CLAUSES You must Include!

Keeping long term tenants in place can help you save money on your rental properties. Having someone stay for a long time gives you peace of mind that rent will come in, and you don’t have to incur turnover costs every year or two years. And, you also know that the longer they stay, the better they take care of the property. They...

How do you handle security deposits for your Northern Virginia property? This question comes up a lot. Landlords often need help with how to disburse money, manage the requirements, and meet the timelines. Collecting a Security Deposit Your security deposit is just that: security. You have the money to fix whatever needs to be fixed i...

I get a lot of questions about 1031 exchanges. People ask what they are and how to make them work. I have sold real estate for 20 years, and I have always helped investors buy and sell rentals. I’ve done a lot of 1031 exchanges, and they can benefit you if the situation is right. What is a 1031 Exchange? The 1031 Exchange is als...

One of the things that’s really stressful when managing rental property is dealing with repairs. As a landlord, you surely hate the phone calls from your tenant that the toilet isn’t working or the roof is leaking. It’s easy to cringe and wonder how much money you’ll have to spend. There are a few things you can...