Richmond Property Management Services

Let Keyrenter Richmond take the stress out of investment property management.

Richmond, VA

+1 804-299-5100

Have you experienced these

Complexities in Property Management?

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Pricing your residential investment property to meet market value and attract the right tenants.

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Marketing and showing your home. 

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Collecting applications and running background checks.

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Selecting the tenant and setting the right expectations.

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Drafting a lease contract that protects your investment.

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Understanding fair housing laws and how they apply to you.

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Avoiding lost income from evictions and lease violations.

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Handling maintenance requests and knowing what is a reasonable request.

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Establishing a trusted vendor network for maintenance needs.

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Knowing what kind of insurance you need to carry as a landlord.

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Handling complex accounting and rent collection.

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Picking the right property management company for the best value and service, instead of simply trying to save a few dollars with low-end service.

Keyrenter Richmond

We Take The Risk Out Of Renting

Renting out your rental property is simple with Keyrenter Property Management. We make the entire experience hassle-free, and we walk you through the steps of renting your home or investment without the stress of doing it yourself. If anything goes wrong, we have systems in place to take care of you and your rental property. The Keyrenter Property Management experience is a tried and true approach using proven processes and services based on our experience and industry best practices. We focus on communication and customer service, so you know what’s going on and what to expect.

The service you get with Ashley and Calvin is truly over the top. I was very nervous having someone manage my property. I relocated to a different country, which makes it very difficult to manage a property from a far, and Ashley and Calvin have really made it the easiest thing ever. I wish I found them years ago.

Erin S.

Leasing Guarantee

If we don’t secure a tenant in 30 days or less, we waive your 1st month’s management fee!

Service Guarantee

You’re never locked into a lengthy contract-cancel at any time, for any reason!

Tenant Guarantee

If your tenant breaks their lease in the first 6 months, we’ll find a new tenant for free!

Maintenance Guarantee

Repairs are completed right the first time, or it will be fixed at NO additional cost to you!

Pet Guarantee

Should you decide to allow pets, if there is pet damage that exceeds the amount of the security deposit, we will cover up to $1,000 of the damage expenses.

Awards

Our Achievements

Trusted by landlords/lenders and ranked #1 within our own franchise.

This is your house

We Know it’s Tough to Trust Someone Else

The thought of having someone else living in your home can be overwhelming.

  • Are they going to take care of my house?
  • Are they going to be good neighbors to my neighbors?
  • Are they going to treat me with respect?

You don’t have to answer these questions yourself. Understanding the needs and expectations of our clients has empowered our Richmond property management team to design standard processes that protect your real estate investment, keep you informed and give you peace of mind.

Information

The Keyrenter Richmond Difference

Becoming a successful rental property manager doesn’t have to take hours of time and hassle on your part. If you’ve decided on renting out your real estate investment and don’t know where to start, or you’ve been doing it for a while and want to delegate responsibilities, Keyrenter Property Management offers premiere services for your situation.

We do business at the local level. Your Richmond Property Manager will tour your rental property, get to know you, and make sure that you have everything you need to enjoy the good life. You get a monthly payment to your bank account, and our Richmond property management team does all the work.

Properties (and Growing!) Under Our Management

%

of Tenants Receive a Portion of their Security Deposit Back

%

of our Renters Renew Their Leases

Best Richmond Property Management Services

What does a property management company do?

The best property manager delivers from beginning to end.

Our Richmond property management services go beyond renting your property. Our property management team starts with finding qualified tenants for your property. We then manage your rental property, collect rent, and make sure it is well maintained with our comprehensive suite of services.

When the current tenants vacate the property, we start the process again to keep it rented as fast as possible, so that you keep getting paid on your investment property. We start the process 75 days before the tenant leaves to reduce vacancy as much as possible.

Tenant Placement Services

We run ads that target specific needs, depending on the location of your property. We highlight a price point that validates quality tenants. We post to over 30 websites, send it out to a prospective tenant database, and work hard to get your property rented as quickly as possible.

More importantly, we screen each and every one of the tenant applicants to ensure the best match for your property.

The tenant screening process

Once a tenant contacts us, we start the screening process. We base it on an analysis of credit history, employment history, and background checks.

Once the prospective tenants pass the screening process, we schedule a showing. Our system ensures that we only interact with highly qualified leads who are actively interested in your property.

We also provide prospective tenants with access to their dedicated leasing team so they can get answers to any questions they may have about the property. It’s best for everyone if tenants know beforehand exactly all the features and aspects of the property as well as the requirements expected of them. We want them to have all the information about a property rather than face unwelcome surprises after the lease is signed. This is why we have a tenant orientation with each tenant prior to move-in to make sure they understand how to take care of the property like their own.

What is the best tenant?

The best tenant is one who pays on time, doesn’t cause any problems, and doesn’t leave the property before the end of the lease. It is also the tenant who is considerate of their community and takes good care of the residential property.

A comprehensive lease

If your lease isn’t up to date with current laws and clear in laying out expectations, you could encounter problems. That is why our attorney has crafted solid lease agreements that are designed to prevent problems before they could ever arise.

We are there when the tenants move in your property

Our property management team works by collecting the security deposit, doing a pre-move-in inspection, and carefully highlighting issues or problems that could arise with the property. Our goal is to place tenants who understand and appreciate the required care needed to maintain your property.

Eviction Services

Sometimes evictions are inevitable, despite our immense efforts and extensive experience in placing valuable and dependable tenants.

However, eviction is not our immediate response to problems occurring with tenants. We first try to resolve disagreements, thus ensuring that you keep your existing renters—and the property profitable.

However, we are acutely aware that tenants may try to take advantage of our resolution efforts. In such cases, we start the eviction process because we know your property deserves better.

We know the legal process of evictions

Here at Keyrenter Property Management, we understand the legal process and nuance to evicting properly, quickly, and easily. Our comprehensive services include filing the appropriate paperwork, representing your interests in court, and ensuring that both you and your property are protected.

Meet Your Leasing Agent

Relationships are the foundation of our success. As a unified property management team creating win-win solutions, our focus is on providing excellent service to our clients. We value integrity and honesty and always strive to satisfy our clients.

You will have a top property manager dedicated to your account

Once you delegate to us the management of your rental property or investment properties, you will be given a main point of contact who will be overseeing your account.

However, rest assured that our whole property management team is here to support you and each other and we work together to find the best tenants for your rental property.

By having a dedicated leasing agent, property owners can feel secure in knowing there is an experienced property manager looking after their investment.

Our owners’ portal

We provide you with an owners’ portal on our property manager website, where you can find all of your monthly statements and maintenance records, year end reports, and keep track of rent payments. You can also update us with changes to your information, and make contributions for repairs if needed.

Communicating with us

Your dedicated leasing agent and property manager will always be available for your questions and queries. We will be happy to answer any questions you might have, no matter how trivial they might seem to you. This is why we offer a 24-hour response time guarantee for all of our clients.

Open communication is key to a satisfied property owner. We will advise you based on our extensive experience and deep knowledge of the local rental property market.

Together, we will make your investment profitable for years to come.

How Our Property Maintenance Works
We take care of your home to maximize its profitability

A major part of our services concerns your property’s maintenance.

Ignoring small leaks or mold under the sink is unacceptable to us because they can lead to considerable problems further down the line.

We take care of your property as if it were our own. We want to keep giving you returns for years to come. And the best way for a property to be profitable is if it is well maintained.

What does maintenance entail?

As long as a house is lived in, maintenance issues will occur. Air filters need replacing, leaks must be fixed, gutters must be cleaned, and knobs and electric switches have to be tightened.

Our maintenance process

Our property management services streamline the maintenance experience for you and your tenants. We do this by providing a space for the tenant to log into our online portal to describe their maintenance request so we can diagnose the issue, and get one of our trained technicians to the property right away.

Our regular inspections matter

Since we also keep inspection notes, we’ll know which issues are caused by tenants or are property-specific ones. Thanks to our routine inspection services, we catch any problem from the beginning, before it can simmer into a serious issue. That way, property owners can rest easy knowing their investment properties don’t lose their value.

Our skilled and experienced maintenance crews

Finding maintenance crews who don’t overcharge and do a great job can be hard. That’s why Keyrenter curates a list of qualified and vetted specialists and technicians to help keep your property in great condition.

When something goes wrong, we don’t cut corners. Your property is an investment and we treat it as such. Our Richmond property management team will ensure your tenants are cared for by the best experts and that your property stays profitable no matter what.

Maintenance matters to everyone

It matters to property owners

A well-maintained property will deliver for years. Even when the current tenants leave, the new ones will certainly appreciate a house that looks well-maintained, clean, and well taken care of.

It matters to tenants

Tenants are bound to stay longer in a rental property if it is maintained regularly and properly. Happy and satisfied tenants will take better care of your property and will be more careful and conscientious with its upkeep.

Personal Unmatched Service

Keyrenter Property Management is unmatched in the level of service provided to our clients who trust us to take care of their homes. We care about you, your property, and your tenants; but it takes more than that to be successful in renting a home. Our Richmond property management team understands Fair Housing legal regulations, and we provide specific guarantees to help lower your risk and reduce the expenses that come with a residential investment property.

With everything that can make renting a property stressful, many landlords turn to the services of Keyrenter Property Management and have never looked back.

Keyrenter Property Management understands that renting out your home requires a lot of you. But once you meet with your personal property manager, and let them get to know you, all those difficulties drift away. Our personal approach and knowledge allows us to achieve successful results for people just like you who are letting Keyrenter Property Management be the landlord.

 

Hands-Free

24/7 Peace Of Mind

Choosing Keyrenter’s rental property management solutions means you’ve made the right choice in ensuring your property is cared for by the best property management team in the business. We take a tech-forward approach to helping your business and getting you paid on time, every time. With our detailed financial reporting tools and owner portal, it’s never been easier to keep tabs on your investment. We also provide tenant screening and guarantees that you keep you covered. With all that and more, it’s hard not to see that working with this leasing agency is the best decision you’ve ever made.

Self-managing your property as a dedicated rental owner means long hours to do everything right by everyone involved. Your evenings and weekends vanish, and when renting your property goes wrong, it’s more stress than many can take. But you can skip right to the successful rental property owner end of the story by scheduling your no-strings-attached discovery call with your local Keyrenter Property Management agency.

City’s Top Property Management Company

Trusted By Over 200 Happy Property Owners

Calvin and Ashley are great! They are the reason we can invest in the area from out of state. They have a great network of individuals to address everything we need. They are quick to respond to our every question and concern. Far superior to our other property managers in two other states, so much that we are liquidating those houses to buy more in Richmond for them to manage. Peace of mind is priceless and that is what we have with Keyrenter Property Management Richmond!

Katrina M.

My Fiance and I rented from Calvin and Keyrenter. As can be the case from time to time with rentals, we had a few issues with the house. Calvin and his team where VERY responsive, took accountability when necessary, and fixed all of the issues that I had in a timely manner. He added a personal touch in a business that can at times be more of a numbers game than dealing with people. I can not stress enough how much my family and I enjoyed renting from and working with KeyRenter! I have referred my own personal clients to them after my amazing experience. Keep doing what you are doing! 5 stars!

Patrick M.

My wife and I are new clients of Keyrenter Richmond as of May 2018. The experience has been so far beyond what we expected. We had previously dealt with another company for our rental house and had a totally bad experience. Calvin and Ashley took us on and worked hard to provide a quality client and take care of all our concerns. Nothing was left to chance. They are always easy to contact and return emails and calls promptly. If you have property in the Richmond area you would do well to consider Keyrenter Richmond as your agent.

Barry L.

From Day One, through move in, Calvin and Ashley have been attentive, super responsive and overall pleasant to deal with through this entire process. My husband and I are renting a beautiful property from them, and we couldn’t be more pleased. I would definitely recommend them and they’ll be our first call if we decide to rent again!

Tamika T.

Richmond Property Management Blog

9 Landlord Tips to Have Better Relationships with Your Richmond, VA Tenants

Key Takeaways Establish clear communication expectations, respond quickly to concerns, and create reliable processes to build stronger landlord-tenant relationships. Prioritize preventative maintenance, property upkeep, and regular inspections to protect your Richmond...

Becoming a DIY Landlord? 8 Mistakes to Avoid

Key Takeaways Screen every applicant using consistent criteria to reduce the risk of costly vacancies, property damage, and lease violations. Protect your investment with a Virginia-compliant lease agreement, detailed property documentation, and organized financial...

Check Out the Recent Redfin Article We Were Featured In

We were featured in a Redfin article! Check it out here: Before You Sign: 8 Common Hidden Costs of Renting | Redfin

Property Maintenance Checklist for Richmond Landlords: Seasonal Upkeep That Protects Your Investment

Key Takeaways Richmond’s changing seasons make proactive maintenance essential, as heat, humidity, rain, and winter freezes can all cause costly damage if properties are not properly prepared throughout the year. Seasonal upkeep helps prevent expensive emergency...

Richmond, VA Rental Market Outlook: What Landlords Need to Know in 2026

Key Takeaways The Richmond rental market remains stable heading into 2026, with steady demand across apartments and single-family homes driven by economic diversity, population growth, and delayed homeownership. Submarket performance matters more than ever, as...

9 Landlord Tips to Have Better Relationships with Your Richmond, VA Tenants

Key Takeaways Establish clear communication expectations, respond quickly to concerns, and create reliable processes to build stronger landlord-tenant relationships. Prioritize preventative maintenance, property upkeep, and regular inspections to protect your Richmond...

Becoming a DIY Landlord? 8 Mistakes to Avoid

Key Takeaways Screen every applicant using consistent criteria to reduce the risk of costly vacancies, property damage, and lease violations. Protect your investment with a Virginia-compliant lease agreement, detailed property documentation, and organized financial...

Check Out the Recent Redfin Article We Were Featured In

We were featured in a Redfin article! Check it out here: Before You Sign: 8 Common Hidden Costs of Renting | Redfin

Property Maintenance Checklist for Richmond Landlords: Seasonal Upkeep That Protects Your Investment

Key Takeaways Richmond’s changing seasons make proactive maintenance essential, as heat, humidity, rain, and winter freezes can all cause costly damage if properties are not properly prepared throughout the year. Seasonal upkeep helps prevent expensive emergency...

Richmond, VA Rental Market Outlook: What Landlords Need to Know in 2026

Key Takeaways The Richmond rental market remains stable heading into 2026, with steady demand across apartments and single-family homes driven by economic diversity, population growth, and delayed homeownership. Submarket performance matters more than ever, as...

Best Restaurants in Richmond, VA

Key Takeaways The city offers everything from Southern comfort food and Texas-style barbecue to Cuban, Mexican, Jamaican, Mediterranean, and modern American cuisine, making it a true food destination in Virginia. Many featured spots, such as Mama J’s Kitchen, ZZQ,...

Things to Do In Richmond, VA

Key Takeaways From outdoor recreation along the James River to museums, historic landmarks, gardens, and parks, Richmond provides options for explorers, history enthusiasts, families, and nature lovers alike. Civil War landmarks, the Virginia Capitol, and literary...

Property Investment for Retirement: Passive Income with Real Estate

Key Takeaways Real estate investing can strengthen retirement planning by offering long-term appreciation, market stability, and reliable passive income that complements traditional retirement accounts. Investors can choose from multiple strategies such as...

Should You Turn Your Primary Residence Into a Rental Property?

Key Takeaways Evaluate your home as an investment by comparing rental income potential, expenses, and long-term appreciation. Calculate net profit carefully by accounting for all costs, including maintenance, vacancy, and management fees. Treat the property as a...

How to Keep Renters Happy

Key Takeaways Prompt, consistent maintenance and proactive property care are essential to keeping renters satisfied, reducing frustration, and encouraging longer tenancies in Richmond’s competitive rental market. Clear expectations, professional communication, and...

What to Include in a Rental Agreement

Key Takeaways A well-structured rental agreement helps landlords in Richmond set clear expectations around tenancy, finances, maintenance, and property use, reducing misunderstandings before they arise. Clearly defining financial terms, maintenance responsibilities,...

AI in Real Estate: Key Use Cases, Solutions, and Challenges

Key Takeaways Many costly landlord mistakes stem from skipping fundamentals early, such as thorough tenant screening, legally compliant leases, and proper financial systems. Successful Richmond investors treat their rentals as businesses by mastering local laws,...

What Experienced Investors Regret Not Doing Early

Key Takeaways Many costly landlord mistakes stem from skipping fundamentals early, such as thorough tenant screening, legally compliant leases, and proper financial systems. Successful Richmond investors treat their rentals as businesses by mastering local laws,...

5 Costly Mistakes Richmond Landlords Make and How to Avoid Them

Owning rental property in Richmond can be profitable, but strong returns rarely happen by accident. At Keyrenter Richmond Property Management, we regularly see how small landlord mistakes can quietly chip away at cash flow, create unnecessary stress, and lead to...

Virginia Landlord Laws Every Property Owner Should Know

Owning rental property in Virginia can be a strong long-term investment, but it comes with legal responsibilities that many landlords underestimate. Most legal issues do not come from bad intent. They come from small mistakes, missed deadlines, or misunderstanding how...

What to Do When a Tenant Doesn’t Pay Rent in Virginia

Few situations create more stress for landlords than a tenant who stops paying rent. Rental income often covers mortgages, property taxes, insurance, and maintenance costs. When rent does not arrive on time, the financial pressure can build quickly. The challenge is...

Squatter’s Rights in Virginia: What Landlords Must Know.

Most landlords prepare for tenant turnover, late rent, and maintenance surprises. Few prepare for unauthorized occupants claiming legal rights to their property. Squatter’s rights in Virginia are tied to a legal doctrine called adverse possession. While successful...

How to Screen Tenants in Virginia: A Step-by-Step Process

One bad tenant can erase an entire year of profit. One qualified tenant can stabilize your rental for years. Tenant screening is the operational backbone of rental property performance. In Virginia, it is not just about reviewing applications. It is about applying...

How To Spot Undervalued Deals in Real Estate

Key Takeaways Undervalued real estate opportunities in Richmond are often hidden by poor presentation, seller circumstances, or limited exposure rather than obvious distress. Focusing on a few consistent acquisition channels and conducting thorough due diligence is...

How To Benchmark Your Rental Properties: KPIs Every Landlord Should Use

Key Takeaways Start tracking core rental KPIs monthly—such as cash flow, vacancy rate, NOI, and tenant turnover—to identify underperformance early and make data-driven decisions instead of reacting too late. Richmond’s diverse rental submarkets make consistent KPI...

The Role of Social Media in Property Marketing

Key Takeaways Use social media intentionally by focusing on one or two platforms, sharing strong visual content and property stories, and engaging consistently to attract better-qualified tenants and reduce vacancy time. Social media expands property visibility beyond...

How to Transition from Accidental Landlord to Active Investor

Key Takeaways Shift from accidental landlord to active investor by defining clear financial goals, evaluating your property’s true performance, and managing it like a business. Strengthening your first Richmond rental through proper pricing, systems, and professional...

Rental Income Tips: Strategies for Accidental Landlords

Key Takeaways Evaluate your Richmond rental like an investor by preparing it thoroughly, pricing it competitively, and marketing it aggressively to attract strong tenants faster. Allowing pets, using consistent tenant screening, and relying on a legally sound...

A Guide for Accidental Landlords

Key Takeaways Accidental landlords must quickly learn key legal and operational responsibilities. From habitability standards to security deposit rules and fair housing laws, new landlords must understand local regulations to avoid costly mistakes and protect both...

The Impact of Local Market Trends on Rental Pricing

Key Takeaways Local market trends directly shape rental pricing and vacancy rates. Population shifts, job growth, new construction, and neighborhood development all influence how much landlords can charge and how quickly units fill. Understanding these trends helps...

Navigating 2025 Regulatory Changes in Property Management

Key Takeaways 2025 brings major regulatory shifts in property management. Landlords can expect changes in rent control laws, expanded tenant protections, and stricter transparency requirements, all aimed at improving housing affordability and fairness. Transparency...

Tenant Estoppel Certificate

Key Takeaways A Tenant Estoppel Certificate protects landlords during property sales. It verifies lease details such as rent, deposits, and obligations, helping prevent disputes or misinformation between the buyer, seller, and tenants. It’s a critical due diligence...

What to Know About Renting to Tenants with Service Animals

Key Takeaways Service and emotional support animals are not pets under U.S. law and must be accommodated by landlords, even if a rental has a “no pets” policy. Landlords cannot charge pet fees or enforce breed and size restrictions for service or assistance animals,...

The Importance of Regular Communication with Tenants and Property Owners

Key Takeaways Trust and Transparency Drive Success – Consistent communication builds trust between tenants, landlords, and property managers, reducing disputes and strengthening relationships. Proactive Communication Prevents Problems – Addressing small issues early...

Refinancing Your Rental Property Mortgage

Key Takeaways Refinancing Can Improve Cash Flow and Unlock Equity: Refinancing a rental property can lower monthly mortgage payments, provide access to property equity through cash-out options, and support long-term investment growth or portfolio expansion. There Are...

What Landlords Need to Know About Depreciation and Property Value

Key Takeaways Depreciation Offers Valuable Tax Benefits but Comes with Long-Term Implications: Landlords can deduct depreciation annually to reduce taxable income, but must prepare for depreciation recapture taxes when selling the property. Depreciation and Property...

Understanding Cash Flow: How to Keep Your Rental Business Profitable

Key Takeaways Cash Flow Is the Lifeblood of Your Rental Business: Positive cash flow—what's left after expenses—is essential for long-term profitability. Aim to earn more than you spend to grow your investment. Boost Cash Flow with Smart Strategies: Set the right...

Should I Rent or Sell My House?

Key Takeaways Market Conditions and Timing Are Crucial: Your local real estate market—whether it favors buyers or sellers—can heavily influence whether selling now or renting long-term makes more financial sense. Financial Goals and Lifestyle Preferences Should Guide...

Costs That Landlords Don’t Notice They’re Accruing

Key Takeaways Hidden expenses like unexpected repairs, legal fees, and utility fluctuations can quietly erode rental profits: Landlords often overlook small but recurring costs, making it crucial to proactively track and budget for these variables to maintain cash...

Top Tenant Complaints and How to Solve Them

Key Takeaways Prompt maintenance and clear communication are top priorities for resident satisfaction: Delays in repairs and lack of updates are the most common sources of frustration. Having a responsive maintenance system and a consistent communication channel...

How To Recognize and Avoid Rental Scams

Key Takeaways Verify Applicant Information: Always cross-check tenant applications with official documents and references to ensure authenticity and prevent fraudulent submissions. Be Cautious with Unusual Payment Requests: Avoid accepting overpayments or...

Why Rental Properties Are Still a Good Investment When Interest Rates Rise

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6 Best Ways of Retaining a Tenant

Key Takeaways Tenant Satisfaction Drives Retention: Quickly addressing maintenance issues, keeping the property in excellent condition, and ensuring tenant safety are essential to keeping renters happy and reducing turnover. Build Trust Through Communication and Fair...

Tax Season Tips for Landlords

Key Takeaways Stay Organized Year-Round: Keeping detailed and organized records of all income and expenses throughout the year—categorized by property—can make tax season far less stressful and help ensure no deductions are missed. Know What You Can Deduct:...

Everything You Need to Know About Renewal Screening Checks

Key Takeaways Renewal Screenings Matter: Even with existing tenants, conducting renewal screenings helps ensure they remain a good fit for your property before extending their lease. Comprehensive Checks: These screenings typically include reviewing credit reports,...

What Should I Do if My House Won’t Sell?

Selling a house is not always a quick or straightforward process. Some properties sit on the market for months without receiving serious offers, which can be frustrating and financially draining.  Whether it is due to unfavorable market conditions, high listing...

How to Handle Multiple Applications for a Single Rental Property

Handling multiple rental applications can be a challenge for landlords, but it’s also a good problem to have. When multiple tenants are interested in your property, it means your rental is in demand. However, selecting the right tenant while staying fair and compliant...

What Exactly is “Normal Wear and Tear”?

As a rental property owner, understanding the difference between "normal wear and tear" and "tenant-caused damage" is crucial. It affects how you handle security deposits, property maintenance, and tenant disputes. However, defining "normal wear and tear" can be a...

How to Avoid Water Damage in Your Rental Property?

Is water damage quietly eating away at your rental property's value? As a landlord, maintaining your property’s integrity is essential to protect your investment and keep your residents happy.  Water damage doesn’t just lead to costly repairs—it can also result in...

How to Boost Your Rental Property’s Curb Appeal

Curb appeal plays a crucial role in how rental properties are perceived, both by potential tenants and the general public.  Incorporating effective tenant screening alongside maintaining an attractive exterior ensures you’re not only drawing interest but also securing...

Should I Allow Tenants to Paint my Rental Property?

Have you ever wondered if giving tenants the freedom to paint your rental property is a good idea? As a landlord, maintaining the value of your investment is essential, but so is keeping tenants happy and comfortable. Allowing tenants to personalize their space with...

The Benefits of Renting to Tenants with Pets

Have you ever considered how allowing pets in your rental property could benefit you as a landlord? Many renters are pet owners, and offering a pet-friendly property can open the door to a larger pool of responsible tenants. While some landlords worry about potential...

Quick Guide to Effective Tenant Screening in Richmond

Are you tired of unexpected tenant troubles and costly turnovers? A solid tenant screening process can be your best ally in finding reliable renters who respect your property and pay on time. In Richmond's rental market, a thorough screening approach isn’t just wise,...

How to Advertise Your Richmond Rental Property Successfully

Are you wondering how to make your Richmond rental property stand out in a crowded market? Successful advertising is the key! Whether you're looking to fill a vacancy quickly or attract the perfect long-term tenant, the right strategies can make all the difference. In...

How to Finance an Investment Property

Investing in rental properties is one of the most effective ways to build wealth and achieve financial independence. However, the path to successful real estate investing starts with securing the right financing for your investment property.  This guide will take you...

Why Pet Screening Is Always a Good Idea

In today’s rental market, many landlords are finding it beneficial to allow pets in their properties. With a significant number of tenants being owners, restricting pet ownership can limit the pool of potential renters.  However, allowing pets, including service...

Tips to Find Great Tenants for Your Rental Property

As a landlord, protecting your investment should be your #1 priority for optimal return on investment. And one way of doing so is by finding and retaining great tenants. While it can be tempting to rent out a vacant property quickly, doing so with disregard for tenant...

Tips to Keep Your Home (and Investment) Safe

Your property is more than just a place for shelter—it’s an investment that requires careful protection. If you own a rental property generating passive income, safeguarding this valuable asset should be a top priority.  This guide will provide you with practical tips...

How to Maintain Your Rental Property

Are you a landlord striving to keep your rental property in top-notch condition? Maintaining a rental property can be challenging, but with a well-structured lease agreement and the right approach, it can become a seamless part of your routine. Ensuring your property...

Tips for Getting Your Property Ready to Rent

Renting out property can be a lucrative venture, but getting your property rent-ready is essential to attract quality tenants and secure the best rental income. Whether you're a seasoned landlord or a first-time landlord, ensuring your property is in top shape can...

Hiring a Property Manager vs. Self-Managing: What’s Better?

Being a landlord comes with its fair share of responsibilities, one of the most crucial being managing your rental properties. The choice between hiring a property manager and self-managing is significant, affecting everything from your daily responsibilities to your...

Should I Rent My House Furnished?

When deciding whether to rent out your property furnished or unfurnished, several factors can significantly affect your rental business's success and management style. This decision can impact everything from your target tenant market to your potential rental income...

Investing in Out-Of-State Property

Investing in real estate is a lucrative venture that allows you to expand your income and helps you earn for the long-term. Besides investing in your local area, investing in out-of-state property can be an equally profitable...

Important Factors for Real Estate Investing

Investing in real estate is one of the best ways to grow your wealth over the long term. The price of homes has risen steadily in the last decades and is expected to continue growing over time.  This means that, the longer you hold onto a property, the bigger the...

What Landlords Should Know About Move-Out Letters?

The moment a tenant leaves a rental unit marks a critical juncture in the landlord-tenant relationship, demanding clear communication and exchanging important documents.  The move-out letter is essential, serving as a power instrument to ensure a smooth and...

Risks of Having a Vacant Rental Property

As a rental property owner, many advantages come with having a property investment. Provided that your property is in a good location and there is demand, you are assured of a consistent income stream, long-term value appreciation, and several tax advantages.  The...

Holdover Tenant

Managing rental properties comes with a diverse set of challenges. One such challenge that landlords often confront is dealing with a "holdover tenant." A holdover tenant remains in the property after their lease has expired without the landlord's consent to stay...

Dealing with Noise Complaints

Being a landlord means navigating a sea of responsibilities, and one of the trickier ones is dealing with loud noise complaints from tenants. Loud noise can become a thorn in the side of a peaceful community, and if left unchecked, can upset tenants and even entangle...

Best Ways to Communicate With Tenants Email, Text or Call

Establishing effective communication between landlords and tenants is essential for fostering a constructive and fruitful rental relationship. In today's digital age, landlords have multiple avenues to reach out to their tenants, including email, text messaging, and...

Rental Documents Landlords Need

Ensuring that your rental property is well-managed and legally protected is crucial when overseeing the operation of your business. One fundamental aspect of this process is having the necessary rental documents in place. These documents serve to outline the terms of...

Essential Tips for First-time Landlords

Choosing to become a landlord presents promising opportunities for financial growth, yet it involves navigating challenges and learning curves. Success in property management hinges on grasping its intricacies, including tenant relations and financial intricacies. ...

How to Attract Long-Term Tenants

Are you looking for ways to reduce tenant turnover? Here are some strategies to help you attract long-term tenants!

Rental Property Marketing Mistakes

Are you trying to attract renters to your properties? Here are some common marketing mistakes you’ll want to avoid to achieve this goal!

6 Best Renovations for Your Rental Property

Are you thinking of conducting property inspections? Here are the best 6 rental improvements to consider making!

Pricing Your Richmond, VA Home to Rent

Are you trying to price your rental property? Here are some tips to help you set a fair and accurate rental rate!

Guide To Making a Solid Lease Agreement For Your Rental Property

Are you a landlord in need of a solid lease agreement for your rental property? If so, here are some tips to help you draft one!

How to Rent Out Your House in Richmond, VA

Do you want to rent out your Richmond property? Here are some tips to make the process go by smoothly!

Virginia Fair Housing Act: An Overview

Do you own a rental property in Virginia? Here’s what you need to know about the federal and state Fair Housing Laws!

Reasons to Invest in Richmond Real Estate

Are you thinking of expanding your investment portal to include real estate? Here are some reasons to invest in Richmond, VA!

Best Areas to Invest in Richmond

Are you thinking of buying an investment property in Richmond, Virginia? Here are some of the top neighborhoods to buy real estate in!

Top Tips When Buying Investment Property in Richmond

Do you want to expand your investment portfolio? Buying an investment property in Richmond is an excellent option!

Breaking a Lease in Richmond, Virginia – Know the Laws

Do you know the legally justified and unjustified reasons for breaking a lease? Here is a help guide to lease termination laws!

A Guide to the Eviction Process in Richmond, Virginia

Have your tenants repeatedly violated the terms of the lease? Here’s a guide to Virginia’s legal eviction process!

Virginia Security Deposit Laws

Are you renting out a property in Virginia? Here is what landlords need to know about the state’s security deposit laws!

13 Keys Of Rental Success

Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...

Virginia Landlord Tenant Law

Key Takeaways The Virginia landlord-tenant act allows both verbal and written lease agreement arrangements, but clearly defined terms, proper disclosures, and compliance with the Virginia Residential Landlord Tenant Act are critical to protecting both parties’ rights...

Rental Property Tax Deductions: What Landlords Should Know – Keyrenter Richmond

There are many exciting and interesting things to learn about being a landlord. But, one of the most often overlooked topics is rental property tax deductions! As a new or experienced landlord, you need to take the time to become a master of your taxes to ensure...

Essential Things to Do If Your Tenant Can’t Pay Rent – Keyrenter Richmond

The COVID-19 pandemic has put over 40 million people out of work in the US–a full quarter of the labor force. While there are no reliable estimates as to how many of these people are renters, we do know that nearly 50 million people in the US rent their homes. Many...

The Need to Know Rental Property Facts and Trends – Keyrenter Richmond

Are you up to date with changes to the Rental Market? Rental properties are a great tool for getting in extra, steady income. But if you’re not paying attention, changes in market trends can sneak up on you. Don’t worry, we’re here to help! Read on for important...

A Landlord’s Guide on How to Help Tenants During the Covid-19 Pandemic – Keyrenter Richmond

The COVID-19 crisis has left millions of Americans in a tight financial spot. Many have been furloughed, laid off, or had to close their businesses. Others are saddled with medical bills from hospital stays or are dealing with grief from losing a loved one to the...

What Can Landlord Deduct from a Security Deposit?: General Rules a Landlord Should Follow – Keyrenter Richmond

The rules for a security deposit can be very confusing. Most landlords require a security deposit, but once the tenant moves, there can be a dispute with the tenant regarding their deposit. They believe that the unit was tidy and clean. You noticed damage or lack of...

5 Landlord Responsibilities Every Landlord Should Know – Keyrenter Richmond

Did you know that there are over 48.5 million rental units in the US? While there aren’t many accurate statistics on how many landlords there are, suffice it to say that that million rental units means that there are quite a few landlords across the US. If you are a...

How Property Management Can Streamline Your Rental Business

When people take their first steps into becoming a landlord, they often expect that it will be a simple way to make a passive income. The dream is clear: find a tenant, put them in your property, then sit back and relax as the rental payments come in. The reality is...

Tips for Rental Property Owners

Rental properties can generate income for their owners, often supplementing a job or contributing to an investment portfolio. With having tenants come expenses, legal obligations and potential barriers to a successful rental venture. These tips for rental property...

The Pros and Cons of Allowing Pets Into Your Rental Properties

There are many considerations when it comes to owning rental property. One of the considerations that are mainly up to the owner is the pet policy. There are both advantages and disadvantages that come with allowing pets on your rental property. Understanding these...

How to Conduct a Move-Out Inspection

Move-out inspections are an important responsibility for landlords and property managers to perform. Some states require a move-out inspection, but even if your state doesn’t, many find it worth it to take the time to do so. Here are a few basics that will help the...

Low-Cost Rental Property Upgrades

Upgrading your rental property can provide a substantial array of benefits to your property. Not only will it help to keep your tenants happier, but it can even improve the overall value of the property. Rental property upgrades don’t have to cost an arm and a leg....

How to Best Convert Your Home Into a Rental Property

There are many reasons you may have decided to convert your home into a rental property and become a landlord. Maybe you bought a new house but can’t seem to sell the old one for a fair price. Maybe you want to generate a passive rental income from the monthly rent....

Top Items to Include in Your Lease Agreement

A specific, well-written lease allows landlords and property managers to do their job with ease and success. It sets the expectations and rules you have for each of your tenants and keeps everyone on the same page. If your lease has been articulated correctly, you can...

Tips for Keeping Good Tenants In Your Rental Properties

Tenant turnover is generally one of the most expensive things that landlords have to deal with. These processes involve advertising fees, in addition to cleaning costs, repair expenses, and lost rent. Taking the steps to keep tenants in your rental property can go a...

How to Say No to a Tenant Application

The tenant screening process is incredibly important to eliminate poor candidates and reduce the likelihood of an eviction becoming necessary. However, when an applicant doesn’t meet your criteria, it can be difficult to know how to proceed. No one likes to be...

Top Vendors and Software that Have Helped Our Property Management Company Grow

There are many aspects to property management. Carefully handling these aspects can help to increase the overall success of your business. Whether you are a property manager or DIY landlord, taking advantage of software and vendors can help you to create the ideal...

Renting Out Your Home? Easy Ways to Find Applicants – Keyrenter Richmond

Are you planning to rent out your home? Whether you are renting out the entire home, or part of the home, there are several things that must be done in order to meet rental regulations and requirements. However, one of the most important elements in renting your home...

Bed Bugs in Virginia

When it comes to bed bugs, almost everyone is confused on who is responsible for pest control treatment in rental properties. Is the landlord responsible? Is the tenant responsible? How did the bed bugs get into the property in the first place? Here are some things to...

Should I add my Property Manager to my insurance policy?

The short answer is an emphatic YES. SHORT EXPLANATION If you don’t add your property manager as additional insured, and you and/or your property manager are sued by a neighbor, tenant, visitor, etc. for something related to the property, you will be required to pay...

Preventative Maintenance that will Keep your Rental Property Protected

Landlords have a number of responsibilities they must follow in order to maintain their property, while also ensuring their tenants are happy, safe, and protected. Performing certain preventative maintenance duties on a regular basis can limit risk to the property,...

What to Check During Maintenance Inspections

Maintenance inspections are designed to allow a landlord to maintain accurate data on their property. Most of the time landlords only do inspections for a few simple things like a move-in/move-out or for a new lease. Understanding Property Condition Property...

Safety Tips for Rental Properties Every Landlord Should Know

As a landlord, you are responsible for providing a habitable environment for your tenants. That means that your property should not be a hazardous place. You should take care of any safety concerns before your tenant moves in to avoid lawsuits and future damage to the...

Inexpensive Upgrades That Increase Rental Income

Keeping your rental property in top shape will help maximize your return on investment and reduce vacancy rate. In addition, routine maintenance and periodic upgrades will allow you to increase your tenant’s monthly rent every time they renew their lease. Here are 5...

What Are the Most Common Tenant Responsibilities

Who is responsible for a broken toilet in a rental property? Tenants and landlords often come into disputes over small things like a broken screen to large issues like bed bug infestations. What are the tenant responsibilities? Here are some common tenant issues and...

Why You Should Use a Professional Property Management Company

Investing in real estate is a great idea until you find yourself struggling to collect rent and find quality tenants. Hiring a firm like Keyrenter in Richmond is one of the best ways to add significant value to your property. A good property manager takes it upon...

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