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PROPERTY MANAGEMENT BLOG

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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Unexpected Expenses of Selling Your Norfolk Home | Military Property Management

Unexpected Expenses of Selling Your Norfolk Home | Military Property Management

By Lisa Doud MPM® RMP® Friday, June 11, 2021
It is known that buying a house is a tedious process filled with last-minute cost additions and changes. However, selling your home is also not as easy as it seems. Especially in the Norfolk area, the total expenses of selling your home can go over 10% of the final budget.Before ...
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Military Move: Should You Sell or Rent Out Your Norfolk Home?

Military Move: Should You Sell or Rent Out Your Norfolk Home?

By Lisa Doud MPM® RMP® Friday, June 4, 2021
A job in the military demands moving back and forth between cities due to the uncertainty of your job postings. Hence, owning a house as a military person comes with its own set of challenges and tough decisions. Being an active-duty officer means that you might get deployed...
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5 Factors to Consider Before Buying a Norfolk House When You're in the Military

5 Factors to Consider Before Buying a Norfolk House When You're in the Military

By Lisa Doud MPM® RMP® Friday, May 28, 2021
Active-duty members are often faced with the dilemma of whether they should buy or rent a property, considering the nature of their work. However, investing in a home in Norfolk can be a good decision for military families, provided you consider a few factors beforehand.There are...
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What Should Military Families Look for in a Norfolk Property Manager?

What Should Military Families Look for in a Norfolk Property Manager?

By Lisa Doud MPM® RMP® Friday, May 21, 2021
The military bases in Norfolk and Hampton Roads area have created a melting pot of army cultures, due to the constant arrival and departure of military families. Frequent moves are a part of every military family’s life. Even if you own a house in Norfolk, your spouse who i...
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Tenant Screening in Norfolk, VA – How to Find Great Tenants for Your Rental Property

By Lisa Doud MPM® RMP® Friday, May 14, 2021
Finding a good tenant is probably the best thing you can do to ensure you have a pleasant and stress-free rental experience. Renting out a house effectively requires a resident who pays rent on time, takes care of your home, and follows the terms of the lease agreement. To reduce...
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New Tenant Move-in Checklist for Hampton Roads Landlords

New Tenant Move-in Checklist for Hampton Roads Landlords

By Lisa Doud MPM® RMP® Friday, May 7, 2021
As you’re preparing to rent out your house, it helps to be organized and consistent with the way things are done. You’ll find that a move-in checklist can be an opportunity for you and your new tenant to work together efficiently. Many tenants report feeling stressed ...
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What Should Be Included in Your Lease Agreement?

What Should Be Included in Your Lease Agreement?

By Lisa Doud MPM® RMP® Friday, April 30, 2021
Understanding how to rent your house requires that you can access a legally compliant and enforceable lease agreement. The lease will be signed by you and your tenants, agreeing to the responsibilities and expectations of each party. Always use an enforceable lease that&rsqu...
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