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PROPERTY MANAGEMENT BLOG

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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5 Tips for Effective Communication with Your Portsmouth Tenants

5 Tips for Effective Communication with Your Portsmouth Tenants

By Lisa Doud MPM® RMP® Friday, August 13, 2021
Communication plays a critical role in strengthening a relationship, especially that of a landlord and tenant. Several renters move out of their rental homes due to conflicts with their owners, citing lack of communication as the primary reason. Transparent, reliable, and respect...
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Service Animals: What You Need to Know | Norfolk Landlord Handbook

Service Animals: What You Need to Know | Norfolk Landlord Handbook

By Lisa Doud MPM® RMP® Friday, August 6, 2021
Rental properties have strict regulations about the permissibility of pets in the vicinity. Often, this becomes a point of conflict between the owner and tenants, mainly due to the nuisance and additional damages that pets cause to the property. As a result, many landlords d...
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5 Popular Features Renters Look for in a Hampton Roads Property

5 Popular Features Renters Look for in a Hampton Roads Property

By Lisa Doud MPM® RMP® Friday, July 30, 2021
The demand for rental properties has increased over the last year in the Hampton Roads area, with the median rent witnessing an 8% surge. Since there is fierce competition in the Hampton Roads housing market, renters are always looking for the perfect property. Here are a few key...
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How Often Should You Conduct Inspections at Your Norfolk Duplex Rental?

How Often Should You Conduct Inspections at Your Norfolk Duplex Rental?

By Lisa Doud MPM® RMP® Friday, July 23, 2021
As a landlord, conducting regular inspections at your Norfolk duplex rental is a necessity. Regular inspections help to detect minor repairs and damages and fix them on time to avoid major expenses. In addition to protecting your investment from property damage, you also have to ...
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Best Practices for Completing Tenant Maintenance Requests in Norfolk

Best Practices for Completing Tenant Maintenance Requests in Norfolk

By Lisa Doud MPM® RMP® Friday, July 16, 2021
As a Norfolk landlord, completing a tenant maintenance request is one of your most important responsibilities. Every renter deserves to live in a property that is good and worth the rent they are paying.An unchecked maintenance request can lead to unsatisfied tenants and discoura...
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Rental Inspection Checklist for Norfolk Landlords

Rental Inspection Checklist for Norfolk Landlords

By Lisa Doud MPM® RMP® Friday, July 9, 2021
Rental property inspection is an important part of every landlord’s property management itinerary. It is your duty as a landlord to make sure that your property is being maintained by your tenants.Other than the typical move-in and move-out inspections, landlords have to ca...
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The Importance of Preventative Maintenance in Your Norfolk Rental

The Importance of Preventative Maintenance in Your Norfolk Rental

By Lisa Doud MPM® RMP® Friday, July 2, 2021
Maintenance is an integral part of property management, especially in rental properties. Most landlords regard Norfolk rental property maintenance as a huge task. However, emergency repairs can be expensive and become a burden. The best solution to this is implementing preventati...
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5 Money Saving Features to Include in Your Norfolk Rental Property

5 Money Saving Features to Include in Your Norfolk Rental Property

By Lisa Doud MPM® RMP® Friday, June 25, 2021
Renting out your investment property can seem like a good idea financially, but quite soon you will realize that it is a full-time job. Managing the property and taking care of the renter’s needs by yourself can be draining – both physically and financially.Smart home...
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Can A Norfolk Property Manager Save Me Money?

Can A Norfolk Property Manager Save Me Money?

By Lisa Doud MPM® RMP® Friday, June 18, 2021
There are two ways you can go about optimizing your income from your rental property in Norfolk - self-manage expenses or hire a property manager. Several property owners opt to self-manage to reduce their short-term costs. However, a property manager can help you efficientl...
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