
How to Rent Out Your House in Virginia
Are you looking for guidance on how to rent out your house? Renting out your home can provide a steady source of passive income, but it's more complex than just finding a tenant and collecting rent. From preparing your property for renters to navigating legal requirements, there are many factors to consider before taking the plunge. But don't worry; we’ll go over everything you need to know to maximize your rental property. Get Familiar with the Laws and Legislations When renting out your house in Virginia, you must comply with all applicable …
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Virginia Fair Housing Act: An Overview
Are you a landlord in Virginia who needs to stay up to date on the requirements of the Fair Housing Act? As a real estate professional, it is your duty to ensure renters receive equal access to housing opportunities regardless of their backgrounds. You should be aware of all the fair housing laws set in place by the Federal Fair Housing Act (FHA) and any additional fair housing laws that have been implemented in Virginia to provide those who rent from you with a safe, comfortable living space. What Is the Fair Housing Act (FHA)? The federal Fa…
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Top Tips When Buying Investment Property in Winchester
Are you considering buying an investment property in Winchester, VA? Buying rental real estate is one of the best ways to grow your wealth through passive income. Generally, rental properties have a great track record of increasing in value over time, and Winchester is no exception. However, getting into real estate investing can be tricky if you don’t clearly understand the area you are investing in. Whether you’re investing in rental properties for the first time or have been doing it for years, what makes a business thrive is proper market r…
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Breaking a Lease in Front Royal, Virginia - Know the Laws
When a tenant breaks a lease, it means that the rental property owner is losing income from rent payments on top of working to find a replacement tenant to rent your home. As a landlord in Virginia, you need to understand the rules about when it is legally acceptable for someone that rents your home to break a lease. In this article, we will cover justified and unjustified reasons for breaking a lease, so that the landlord will be well-informed about lease obligations, their rights, and your tenants’ rights. Rental Agreement in Virginia While…
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A Guide to the Eviction Process in Front Royal, Virginia
Virginia is one of the most lucrative real estate markets for a landlord in the United States. With a population of over 8.6 million, the Virginia real estate market is a great location for investors. However, owning a rental unit and being a landlord can be overwhelming, especially if you have to deal with problematic tenants. To avoid a potential bad tenant, owners should have a strict tenant screening process and written lease or rental agreement for their rental property. Every great landlord knows thorough background checks should be perf…
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