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PROPERTY MANAGEMENT BLOG

Investor's Guide to Raising Capital for Portsmouth Multifamily Real Estate

Investor's Guide to Raising Capital for Portsmouth Multifamily Real Estate

By Lisa Doud MPM® RMP® Friday, October 22, 2021
If you're planning to make a long-term multi-family rental investment, Portsmouth is an excellent place to start. Reasonable property rates, high rental income, and a growing population of around 95,097 are some of the potential reasons for investing in multi-family rentals i...
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Documents All Hampton Roads Real Estate Investors Should Have on Hand

Documents All Hampton Roads Real Estate Investors Should Have on Hand

By Lisa Doud MPM® RMP® Friday, October 15, 2021
Buying a rental property is no cakewalk. You have to go through challenging procedures, such as analyzing the real estate market, selecting a property, managing finance, and most importantly making ready the documentation required for real estate investment. It is a crucial step ...
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How to Handle Noise Complaints in Your Norfolk Apartment Building

How to Handle Noise Complaints in Your Norfolk Apartment Building

By Lisa Doud MPM® RMP® Friday, October 8, 2021
Noisy renters are one of the worst problems that landlords must handle. Specifically, with multifamily properties such as quadplexes or apartments, the noise issues on-premises are even more severe due to proximity. However, landlords can handle noise complaints with the hel...
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Property Damage or Normal Wear and Tear? Norfolk Property Management

Property Damage or Normal Wear and Tear? Norfolk Property Management

By Lisa Doud MPM® RMP® Friday, October 1, 2021
A Norfolk rental property undergoes deterioration due to different factors, such as negligence, mishandling, weather changes, and warranty of things. The difficult part is to differentiate between damages caused by tenants and normal wear and tear.The following information can he...
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What Are Tenants Responsible for in a Portsmouth Rental Home

What Are Tenants Responsible for in a Portsmouth Rental Home

By Lisa Doud MPM® RMP® Friday, September 24, 2021
Tenants and landlords have distinct roles to play in making an effective tenancy possible. Better cooperation will result in longer leases, adding to the convenience of both parties. As Portsmouth renters, you need to know the tenant responsibilities outlined under the Virginia R...
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Landlord Responsibilities: Norfolk Property Management Education

Landlord Responsibilities: Norfolk Property Management Education

By Lisa Doud MPM® RMP® Friday, September 17, 2021
As a landlord in Norfolk, you need to be aware of your responsibilities. A landlord has to perform multiple duties such as looking after the maintenance of the property, inspecting, and dealing with the renters. Being aware of your obligations and responsibilities will help you f...
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Benefits of Investing in Norfolk Multifamily Real Estate

Benefits of Investing in Norfolk Multifamily Real Estate

By Lisa Doud MPM® RMP® Friday, September 10, 2021
Investing in multi-family units is a lucrative decision, especially in Norfolk, Virginia, the second-largest city in the state. Many visitors and tenants are interested in Norfolk due to the seasides' great living environment and popularity. It is one of the most sought-after...
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How to Diversify Your Real Estate Portfolio in Hampton Roads

How to Diversify Your Real Estate Portfolio in Hampton Roads

By Lisa Doud MPM® RMP® Friday, September 3, 2021
The Hampton Roads metropolitan area is one of the fastest-growing regions in Virginia. Supply is driving the housing market, and property value is swiftly rising, making it a conducive time for investing in real estate. However, to achieve maximum return on investment, you n...
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What Is a 1031 Exchange? Norfolk Real Estate Investment Expert Answers

What Is a 1031 Exchange? Norfolk Real Estate Investment Expert Answers

By Lisa Doud MPM® RMP® Friday, August 27, 2021
Although property owners in Virginia might want to sell their investment property due to cash flow or maintenance issues, if they are looking to buy another property or multiple investments properties in the area, opting for a 1031 exchange can be a better solution. A 1031 e...
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Why Invest in Norfolk? Real Estate Investment Education

Why Invest in Norfolk? Real Estate Investment Education

By Lisa Doud MPM® RMP® Friday, August 20, 2021
Residential real estate investment is always a safe choice, especially considering the recent post-pandemic growth in the sector. The main question is, where should you buy a house? Since you are purchasing a property from an investment perspective, location, accessibility, and h...
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