Property Management Blog

How To Get Tenants To Renew Leases In Virginia Beach, VA

Nearly 63% of renters choose to renew their leases. How many of your tenants remained for another leasing cycle last year? If you're not generating lease renewals, your vacancy rate will rise.A high vacancy rate can quickly drain money from your accounts. Instead of letting t...

How Do You Calculator Prorated Rent?

As a rental property owner, you set goals to make more money. If you're looking for effective ways to meet this goal, consider prorated rent.Prorated rent is helpful for optimizing your rental revenue. It's also something property managers suggest.First, you'll need t...

Why Should I Look Into Hiring a Property Manager in Virginia Beach?

Of all the assets you can invest in, real estate is considered one of the best.You stand to make a solid income from it, though not without some work. A lot goes into managing properties, and many investors turn to professional property management companies. They offer a range of...

Facility Management Best Practices: Optimizing Efficiency and Tenant Experience

The Hampton Roads area is a hotspot for commercial rental space, with vacancy rates hovering at around half the national average. This isn't the case for all commercial buildings, though; only the best spaces are in high demand.So, if you're a commercial real estate owner...

Secrets of Successful Commercial Property Managers: Tips from Industry Experts

Did you know that commercial property managers in Virginia Beach must handle a plethora of tasks to be successful?Commercial property management isn't easy, especially when you're new to the industry. While you can research real estate as much as you want, the only way to...

Luxury Homes: Exquisite Properties That Define Elegance

If you think you deserve a home that's the definition of style and sophistication, this article is for you!Over 8.63 million people call the Old Dominion home, yet not all live in style and luxury. Many agents claim to offer upscale and luxurious homes. But few seem to meet t...

Non-Conforming Structures: What You Need to Know BEFORE Buying a Property

Over time, municipalities change zoning requirements to help them achieve their goals. For example, in Norfolk, VA in the early 1900s much of the development included two-story duplexes, which, after 100 years of development, resulted in pockets of very high population dens...

New Construction Homes: What to Know Before Buying Off the Plan

Are you in the market for buying a house for yourself or as an investment property? You have to consider various options and do extensive research before investing in a house.Buying off the plan involves purchasing a property that has not yet been built or is currently under cons...

The Pros and Cons of Allowing Pets in Your Virginia Beach Rental Property

Pets in a rental property probably sound like a terrible idea. Despite this, there may be merit to opening your property to pet owners. Approximately 70% of renters own pets and want pet-friendly accommodations.There is a catch, though. You must decide if the perks vs. disadvanta...

The Right Way to Conduct Rental Property Inspections in Virginia Beach

Maintenance and repairs cost the average household around $6,000 annually. Without regularly conducting rental property inspections, unwanted bills could double in size.Inspections are vital for safety, tenant satisfaction, and complying with lease agreements. However, they could...