Property Management Blog

Asset Management for Commercial Properties: Strategies for Long-Term Success

Investing in real estate can be extremely lucrative. It is more hands-on though and requires knowledge about all aspects of leasing, capital improvements, property maintenance, tenant relations, and more.Asset management for commercial properties is complex. For success, you must...

Key Considerations for Commercial Property Owners: Managing Your Investment

Key Considerations for Commercial Property Owners: Managing Your InvestmentIt's hard to believe that people spent over a trillion dollars on commercial real estate in 2022.Investing in commercial properties offers a promising opportunity for investors. This doesn't mean t...

3 Reasons to Hire Tenant Placement Services in Charlottesville, VA

A study by the Zebra in 2021 regarding housing showed that about 22.4% of respondents had an exceptional credit score. Everyone else had either a fair credit score or an underwhelming one.As a landlord, you only want to rent out to the best possible tenants. They don't need t...

3 Tips for How to Conduct a Rental Valuation in Charlottesville, VA

Charlottesville is located in Albemarle County, Virginia, where the average monthly rent is $1300.Do you own rental properties in Charlottesville? If so, you know that investment properties can help you generate a lot of income if done right.Property managers in Charlottesville a...

Charlottesville Tenant Improvement Projects: Making Them Work for You

Here's a good litmus test for any rental property. As a landlord, would you live in your rental home? If not, why not?As a property owner, you have different priorities than your tenants, which is not unusual.However, seeing things from your tenant's perspective is someti...

Getting Into Real Estate Development: Skills to Develop

There are so many reasons why getting into real estate development is so enticing. The main one is there's a great chance of being really successful.But that doesn't mean it's going to come easily without any work. Before diving into land acquisition and property owne...

Tenant Retention Programs: Strategies for Maintaining High Occupancy Rates

Do you want to increase your rental revenue, reduce vacancy, and protect your investment? If so, you need effective tenant retention programs.Tenant retention is keeping your tenants happy and loyal. It's about retaining tenants for the long term, not just for the month or ye...

Mastering Lease Negotiations: Tips for Achieving Favorable Terms

A lease is a contract between a landlord and a tenant. Most leases are several pages long, but to sum it up, they highlight the rules and regulations that a tenant must follow to stay on the property.Breaking one of the rules in the lease could mean immediate eviction. To avoid s...

Tenant Screening Checklist for Charlottesville, VA Landlords

Fifteen landlords are responsible for over half of the evictions in Virginia. Evictions are often lengthy and expensive, so it's best to avoid them.Owning a rental property in Charlottesville, VA, can bring significant profit. Finding the right tenants is crucial to your succ...

The Benefits of Hiring Full-Service Property Management in Charlottesville, VA

Do you own a single rental property in Charlottesville, VA? Then you might not have any trouble taking care of it yourself. You may be able to manage this income property without having to ask for help.But if you don't have enough time to care for this property or if you own ...