Negotiation Tips and Strategies For Purchasing a Norfolk Investment Property
By Lisa Doud MPM® RMP® Friday, June 10, 2022
Every real estate investor needs to have several negotiation tips and strategies at their fingertips. It is a part of the property buying process, where buyers and sellers trade cautiously. While sellers focus on making the most out of the deal, buyers tend to parry by deconstruc...
Tips for First Time Hampton Roads Real Estate Investors
By Lisa Doud MPM® RMP® Friday, May 27, 2022
The thriving real estate market of Hampton Roads has been attracting several first-time real estate investors. Since Hampton Roads is a buyer’s market, the supply of houses is greater than the demand, and factors like affordable housing, moderate mortgage rates, and desirab...
Why Communication Is Key to Maximizing Your ROI on Your Investment
By Lisa Doud MPM® RMP® Friday, May 13, 2022
Norfolk landlords work hard to maximize their ROI on rental properties. However, they tend to overlook the importance of communication in maximizing the return on investment. Professional and healthy communication allows you to attract potential tenants, create a sense of trust, ...
How To Reduce the Stress of Buying Your Norfolk Investment Property
By Lisa Doud MPM® RMP® Friday, April 29, 2022
Buying a property is one of the most reliable ways of investing your hard-earned money to ensure steady returns. However, it also involves considering the legalities, risks, and financial concerns of investing in real estate, which can be challenging to manage for new investors.&...
Steps for a Successful Move Out Process | Portsmouth Property Management
By Lisa Doud MPM® RMP® Friday, April 1, 2022
Ensuring a successful tenant move-out process at your Portsmouth rental property may not always be easy. If not handled well, it can lead to severe property damage, financial loss, and, subsequently, stress. It is, therefore, essential to have a well-laid move-out procedure in pl...
Why Hiring Licensed Contractors Is the Best Thing to Do for Your Portsmouth Rental Property
By Lisa Doud MPM® RMP® Friday, March 25, 2022
As a Portsmouth rental property owner, you need to ensure that your property is maintained or repaired by a reliable and skilled maintenance specialist. If you hire an unqualified contractor who lacks experience and skill, you may end up spending excessive time and money on prope...
5 Effortless Ways to Improve The Curb Appeal Of Your Hampton Roads Rental Property
By Lisa Doud MPM® RMP® Monday, March 14, 2022
Great curb appeal can make your Hampton Roads property one of the most desirable homes in the neighborhood and attract good tenants. However, keeping the home in rent-ready condition at all times can be daunting and financially challenging. That’s not to say that it is impo...
How to Manage Your Hampton Roads Property from Afar
By Lisa Doud MPM® RMP® Friday, March 11, 2022
Managing a rental property requires you to fulfill several responsibilities, whether you stay near or far. Handling property-related issues are relatively easy when you live in the same town or city, but things can get very stressful if you are not. As a Hampton Roads landlord, y...
How Proper Paperwork and Rental Agreements Protect You and Your Norfolk Investment Property
By Lisa Doud MPM® RMP® Friday, March 4, 2022
Renting out a property requires you to have some crucial paperwork in place. You will need to draft and maintain a thorough record of documents such as lease agreements, rental applications, move-in/move-out reports, and more. This helps protect yourself and your property from le...
Should You Have an On-Site Manager for Your Norfolk Multifamily Property?
By Lisa Doud MPM® RMP® Friday, February 25, 2022
Managing multifamily property requires skill and patience. Consequently, several multifamily property owners are inclined towards hiring a property manager to handle their valuable Norfolk investment. However, the bigger dilemma is whether you should hire an on-site property mana...