Quick Guide to Effective Tenant Screening in Winchester, VA
After advertising your Winchester rental property and accepting a few applications you can now start screening potential tenants. Following a careful screening process will help you to find a high-quality tenant, which will mitigate risks, maintain your property’s condition, and provide financial stability. Criteria for Choosing Great Tenants With a well-planned tenant screening, you can be sure that you’ll find a suitable resident for your Winchester rental property. The following are a few essential criteria to keep in mind before renting out…
Continue Reading...7 Best Renovations for Your Rental Property
How should you go about the renovation of your rental property? Installing the ideal appliance or amenity will make your property more attractive and ensure that you keep up with the competition. Our team uses its experience in property management to guide you on what renovations you should consider. 1. The Kitchen The kitchen is considered the heart of the home. This is where the members of the household meet to make scrumptious meals as they bond over the details of their lives and professions. Investing in kitchen remodeling will immediatel…
Continue Reading...How to Maintain Your Rental Property
Landlords have to make sure their rental homes are habitable so renters can stay happy and hopefully choose to renew their leases. You also need to maintain your property because of the duties outlined by Virginia landlord-tenant law. As a property owner, you’re responsible for completing property maintenance tasks. Keeping up with your unit’s maintenance requires being aware of your responsibilities. If you’re consistent with maintaining your property, you end up with fewer repairs, rewarding you with more rental income to keep. How does maint…
Continue Reading...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 …
Continue Reading...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 tenants 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 Fair Housing Act 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 Fair Housing Act…
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