Best Ways to Communicate With Tenants Email, Text or Call

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,...
Rental Documents Landlords Need

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

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

How to Attract Long-Term Tenants

Having long-term tenants is an invaluable asset as they bring in a steady revenue stream. Plus, they reduce the costs associated with finding new tenants. However, attracting and keeping these tenants requires a well-thought-out strategy.  In this blog post,...
Rental Property Marketing Mistakes

Rental Property Marketing Mistakes

Rental property marketing is crucial to finding high-quality tenants and improving occupancy rates. However, property owners often make mistakes that can cost them time, money, and prospective renters.  In this article, we will discuss the top rental property...
6 Best Renovations for Your Rental Property

6 Best Renovations for Your Rental Property

There are many reasons why landlords try to avoid having vacant property. A common expense that rent payments can help cover is property repairs, maintenance, and upgrades. An updated investment property can keep quality tenants happy and encourage them to consider...
Pricing Your Richmond, VA Home to Rent

Pricing Your Richmond, VA Home to Rent

Part of marketing your Richmond rental home is setting an accurate rental price. When renting out your unit, you can’t create a property listing without doing so since you need to post the rental rate when advertising vacant units. Before you assign a rental fee, you...
Guide To Making a Solid Lease Agreement For Your Rental Property

Guide To Making a Solid Lease Agreement For Your Rental Property

It’s important to have a well-written and comprehensive lease agreement when renting out a property to protect yourself and your investment, as well as ensure an easy-going relationship with your tenant. In this article, we at Keyrenter Richmond will guide you...
How to Rent Out Your House in Richmond, VA

How to Rent Out Your House in Richmond, VA

Are you considering the prospect of renting out your Richmond home? If so, it can be a sound financial move!  Becoming a landlord can be a great choice if you want to build wealth. Owning an investment property creates passive income through monthly rent payments. You...
Virginia Fair Housing Act: An Overview

Virginia Fair Housing Act: An Overview

As a Virginia housing provider, you have to be updated with the laws relating to housing and make sure that your real estate investment remains legally compliant. The Fair Housing Law in Virginia does not only apply to buy houses but also to property owners who offer...
Reasons to Invest in Richmond Real Estate

Reasons to Invest in Richmond Real Estate

Are you looking to invest in Richmond, VA, real estate? Real estate investments are a great opportunity to earn a passive income, and rental property allows you to profit from monthly income and benefit from property appreciation rates. However, not all real estate...
Best Areas to Invest in Richmond

Best Areas to Invest in Richmond

Are you looking to invest in Richmond, VA, real estate? With its history, cultural scene, and economy, Richmond is a city that has grabbed the attention of many real estate investors. As a property investor, you can choose from various properties, whether they’re...
Top Tips When Buying Investment Property in Richmond

Top Tips When Buying Investment Property in Richmond

Are you considering investing in real estate in Richmond, Virginia? The potential benefits of investing in rental property are extensive!  You can build steady and regular revenue and expand your long-term capital by investing in the property market. Prices are going...
Breaking a Lease in Richmond, Virginia – Know the Laws

Breaking a Lease in Richmond, Virginia – Know the Laws

A lease is a legally binding agreement. It obligates both a landlord and the tenant to abide by its terms for a set period of time. That said, circumstances may change and they may need to break their lease agreement. As a landlord, it’s important that you understand...
A Guide to the Eviction Process in Richmond, Virginia

A Guide to the Eviction Process in Richmond, Virginia

Being a landlord in the State of Virginia can be a good source of additional income. After all, it’s a beautiful state and its population is continuously growing. It’s currently home to over 8.6 million people, which means that it offers a lot of opportunities...
Virginia Security Deposit Laws

Virginia Security Deposit Laws

It’s your right as a landlord to collect a security deposit, but you must adhere to the Virginia security deposit laws. For a Virginia landlord, collecting a security deposit from your tenant offers many benefits including covering:  Unpaid utilities: In...
13 Keys Of Rental Success

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

Virginia Landlord Tenant Law

According to Virginia laws, a lease agreement can be entered between both the property owner and tenant either verbally or as a written lease. Both landlords and tenants obtain certain rights and duties under the Virginia Residential Landlord and Tenant Act. All...
How Property Management Can Streamline Your Rental Business

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

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

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

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...
Low-Cost Rental Property Upgrades

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

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 passive income. Whatever the reason, it can be...
Top Items to Include in Your Lease Agreement

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

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

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...
Bed Bugs in Virginia

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?

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...
What to Check During Maintenance Inspections

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

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

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

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

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...