Is a Month-to-Month Lease Better for Landlords?

Is a Month-to-Month Lease Better for Landlords?

Renting out a property in Virginia can be an incredibly profitable venture. The rental market at the Old Dominion is better than ever, with hundreds of newcomers moving in every day. Even with a high rental demand, making your Virginia rental stand out from the rest can be incredibly complicated. A great way to increase the visibility of your rental and attract more tenants is by offering flexible lease terms, such as a month-to-month lease. These short-term leases offer plenty of benefits to both landlords and tenants, such as higher cash re…

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How To Market a Vacation Rental

How To Market a Vacation Rental

The vacation rental market has exploded in recent years, thanks to the rise of home-sharing platforms. As a vacation rental property owner, standing out in this crowded marketplace can be challenging but rewarding. Effective marketing strategies not only boost your property's visibility but also enhance your bookings and revenue. For those looking to maximize returns and minimize headaches, hiring a professional property management company can be a game-changer. Here’s a comprehensive guide on how to market your vacation rental effectively: …

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Why You Should Invest in Real Estate Over the Stock Market

Why You Should Invest in Real Estate Over the Stock Market

Growing your wealth requires being open to investing. There is no question that the potential rewards you get to earn from both types of investments can be high. However, the degree of commitment will differ so you will want to pick an option that optimizes your income. Even if the stock market and properties both lead to the path of growing your income and money, you will want to know which option fits your needs. This article will outline the reasons why real estate investments can be a better pick for investors and have more value over stock…

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Hiring a Property Manager vs. Self-Managing: What’s Better?

Hiring a Property Manager vs. Self-Managing: What’s Better?

Owning rental properties can be a lucrative investment, but it also comes with a lot of responsibilities. As a landlord, you have the option to self-manage your properties or hire a professional property management company. Both options have their advantages and disadvantages, and the decision ultimately depends on your individual preferences. In this article, we'll explore the duties involved in property management and weigh the benefits of hiring a property manager versus self-managing. Landlord Duties Maintenance One of the most time-consum…

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Becoming a DIY Landlord? 10 Mistakes to Avoid

Becoming a DIY Landlord? 10 Mistakes to Avoid

Are you thinking about becoming a DIY landlord but worried about the potential challenges? As a landlord, you have the opportunity to maximize your rental income, maintain better control over your property, and build strong relationships with your tenants. However, starting this role without adequate preparation can lead to costly mistakes and headaches. From tenant selection to maintenance issues, there are several common errors that may be challenging to you as a landlord. In this guide, we'll explore the key mistakes to avoid, helping you …

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