Life as a Landlord Can Be Lucrative, Unless You’re Losing Money
If you’re a landlord, you know it can be a lucrative business.
But if you don’t quite know what you’re doing, it can be a business that’s… shall we say, not so lucrative. No one likes to lose money. But you might be doing just that:
If you’re a landlord, you might be losing money — hand over fist — every month. Maybe you don’t even know it, or maybe you do; maybe you do know you’re losing money as a landlord in Fairfax VA, and you’ve buried your head in the sand hoping th
Beware the Ides of… Rental Horrors Could Happen to You!
Who is it in the press that calls on me?
I hear a tongue shriller than all the music
Cry "Caesar!" Speak, Caesar is turn'd to hear.
Beware the ides of March.
What man is that?
A soothsayer bids you beware the ides of March.
Beware the [day after] the ides of March.
No, we don't mean the George Clooney / Ryan Gosling, but March
A Rental Safety & Maintenance Checklist for Landlords in Fairfax, Virginia — And Beyond!
Home. It’s a place of respite at the end of a long day; a place to put your feet up; a place you fill with love and family; a safe, warm, comforting place. Or it should be, but the reality is, sometimes home isn’t so safe. Accidents happen. Mold creeps in.
And tenants call for maintenance.
Listen, we’ve got good news.
When you made the decision to rent out your grandmother’s house in Fairfax, you signed on to answer the call. (Okay, you got me. That’s not the good news.)
How Much Should I Charge to Rent my Townhouse in Old Town Alexandria?
You’ve decided 2015 will be your year: the year to see new places, the year to read more books, the year to exercise and eat right, and the year you’ll become a landlord for the first time. It’s a big, exciting decision. For months, you’ve asked yourself the same question, “Do I rent out that townhouse in Alexandria, or do I sell it?” For months, you’ve weighed the pros and cons of renting or selling, selling or renting, and finally you’ve decided that renting is the answer.
Questions to Ask Potential Tenants, & Questions to Avoid
Your rental property is vacant, so you’re stuck paying two mortgages — that sounds like anything but fun — and you want to find a tenant as soon as possible. And you do mean A. S. A. P.
You want to find a tenant so badly that you might even be willing to sign on the dotted line with the first candidate interested. But take a bit of advice from the pros at Real Property Management: Screen your potential tenants, and screen them all. By asking a few key questions, you’ll have a clearer pi
What Are My Inspection Rights & Responsibilities As a Landlord in Virginia?
The lease has been signed, the keys handed over: You now have a tenant, and your tenant has found a place to call home. As a first-time Virginia landlord, it is very important that you are familiar with your rights and responsibilities when it comes to entering, inspecting, and maintaining the property.
First, and of primary importance is the move-in inspection. Develop a detailed, room-by-room checklist, and encourage your tenant to check the premises for any damage. You may want to walk throu
The Benefits of Renting in Arlington, VA
Arlington, Virginia is one of the fastest growing municipalities in Virginia. Since 2000, it's seen a population growth of over 10 percent. Its current population is about 215,000, and is projected to reach 276,000 by 2040.
Arlington's citizenry is highly educated and highly compensated. The numerous federal government facilities located in Arlington, such as the Pentagon, ensure that demand for local housing remains high. As such, the real estate market has been strong, with home appreciation
Get Rich With Real Estate! Or Not. But Here is What You Need To Know About Being a Landlord.
90 Million People Can't Be Wrong
The dream is always the same. Make some smart choices and then sit back and collect income. Passive income. The money just comes in. It's a great idea and real estate is just the way to make it happen, right?
Here are just a couple of listings currently seen in Google - How about these headlines?
- How to Get Rich Off Real Estate Like Warren Buffett
- How to Strike It Rich: Investing in Real Estate
- How to Get Started in Real Es
How Much Does Property Management Cost?
When you're looking to purchase a property, you will need to have a thorough budget set down in order to make sure that you can get a proper return on your investment. That's why one of the most common questions that we get is, "How much do you charge?"
We can't blame investors for wanting to know, but the answer is not as simple as you might think.
There are a variety of different ways that fees can be structured. Sometimes, it depends on the type of property. Sometimes, it depends on the num
Selling a Home? Tips From Property Management Pros!
We manage properties all over northern Virginia - not only for "reluctant landlords," but also for large real estate companies, on both the buying and selling sides of the fence. (Who do you think keeps the vacant properties in tip-top shape?) From an outsider's perspective, we've seen what sort of marketing works for real estate professionals. And sometimes, it's not something they did strategically; it was just an unusual idea that happened to work very well.
So, we thought we might share som