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Blog Post TOP 50 MISTAKES LANDLORDS MAKE

TOP 50 MISTAKES LANDLORDS MAKE

The best mistakes to learn from are those made by other people! At PMI Virginia we support Hampton Roads landlords through education at the Hampton Roads Landlord Association. The video below is a recording of the HRLA November 2024 meeting where Patti Robertson present...
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Blog Post Rent-to-Own Homes: A Path to Homeownership in Virginia Beach, VA

Rent-to-Own Homes: A Path to Homeownership in Virginia Beach, VA

The United States Census estimated that 453,649 people are living in Virginia Beach, VA. While there are a lot of things to love about living in Virginia Beach, unfortunately, the housing market isn't one of them.In this economy, many renters who want to buy a house simply ca...
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Blog Post Unveiling the Value: The Importance of Real Estate Appraisals in Virginia Beach, VA

Unveiling the Value: The Importance of Real Estate Appraisals in Virginia Beach, VA

In 2024, the value of U.S. real estate appraisals rose by 3.1%, according to the FHFA -- a shift that's making waves in the real estate market. If you're buying or selling property in Virginia Beach, you know how crucial it is to get an accurate picture of what a home is ...
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Blog Post Rental Properties: How to Find and Manage Profitable Rentals

Rental Properties: How to Find and Manage Profitable Rentals

Virginia Beach is a promising rental market that countless investors are looking into.Around 38% of the city's housing is renter-occupied. If you're looking to purchase a rental property in Virginia Beach, you'll have plenty of opportunity to fill it with great renter...
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Blog Post Financial Reporting Made Easy: Effective Budgeting and Reporting for Property Managers in Chesapeake, VA

Financial Reporting Made Easy: Effective Budgeting and Reporting for Property Managers in Chesapeake...

Have you decided to turn your property in Chesapeake, VA, into a rental and manage it yourself? If so, it's a wise move. According to ZipRecruiter, landlords in the city make an average annual salary of $91,047, with the top earners taking home as much as $146,650!However, yo...
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Blog Post Real Estate Auctions: Buying and Selling Properties with Confidence in Virginia Beach

Real Estate Auctions: Buying and Selling Properties with Confidence in Virginia Beach

According to Norada's 2024 real estate report, Virginia Beach homes for sale receive an average of three offers and sell within 18 days of hitting the market. These are already highly competitive numbers, but what if buyers could get even more offers and sell even faster?Noth...
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Blog Post Navigating Real Estate Financing: Options and Considerations in Virginia Beach

Navigating Real Estate Financing: Options and Considerations in Virginia Beach

If you've been tracking real estate trends here in Virginia Beach, you know that inventory is going up but interest rates remain on the higher side. It's not a bad time to invest in rental properties, but your dollar may not stretch quite as far in 2024.Under these condit...
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Blog Post Myths About Rental Property Pricing

Myths About Rental Property Pricing

Setting the right price for a rental property can be challenging, especially for new or inexperienced landlords. Pricing too high can result in long vacancies, while pricing too low can mean missing out on potential income.Many landlords struggle to find the right balance and oft...
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Blog Post Benefits Of Online Portals For Owners And Tenants

Benefits Of Online Portals For Owners And Tenants

You are already behind the market if you have not modernized your rental. Gen Z is now the generation driving rental growth, and they are accustomed to using technology in every aspect of their lives. As a landlord, you need to be prepared to meet these expectations.A tenant port...
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Blog Post Open House Success: Tips for Hosting a Memorable Property Showing in Virginia Beach

Open House Success: Tips for Hosting a Memorable Property Showing in Virginia Beach

Setting up an open house is like getting ready for a date. You have to do everything in your power to make the property look its best.It requires a lot more work than picking out an outfit or putting on makeup. It can be a nerve-wracking experience, but it's essential if you ...
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