How to Maintain Your Rental Property

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

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

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 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 Fair Housi…

Continue Reading...
Top Tips When Buying Investment Property in Winchester

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…

Continue Reading...
Breaking a Lease in Front Royal, Virginia - Know the Laws

Breaking a Lease in Front Royal, Virginia - Know the Laws

When a tenant breaks a lease, it means that the landlord is losing income 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 having a solid lease agreement …

Continue Reading...