Why Single-Family Homes Are Great for New Investors

Why Single-Family Homes Are Great for New Investors

Are you thinking of buying a rental property? Being a landlord can be incredibly lucrative if you get certain things right. Among these is investing in the right property. But what exactly is “the right property” for a first-time investor? Well, for starters, single-family homes are the safest bet. While every investment has its list of pros and cons, single-family homes tend to have the highest positive-to-negative ratios. In today’s guide, we’ll go over why single-family homes are great for new investors. Single Family Homes: What are they?…

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A Guide to the Eviction Process in Leesburg VA

A Guide to the Eviction Process in Leesburg VA

Landlords have a right to evict their Virginia tenant for a variety of reasons, including when the tenant fails to pay rent and stop abiding by the terms of the lease or rental agreement. As a Virginia residential landlord, evicting a tenant, however, isn’t as simple as just locking the tenant out of the rental unit or packing up their belongings. That is not only illegal, but a tenant may also file a lawsuit against their landlord for damage. The only way to evict a tenant in Virginia is by filing an eviction lawsuit and receiving a court or…

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Everything You Need To Know About Renewal Screening Checks

Everything You Need To Know About Renewal Screening Checks

Renewal screening checks are a crucial step in the property management process for landlords, ensuring that the continued tenancy of existing renters aligns with their rental standards and policies. Use this comprehensive guide to get an in-depth understanding of renewal screening checks, their importance, and how to conduct them effectively. Understanding Renewal Screening Checks Renewal screening checks are evaluations conducted by landlords or property managers before extending a current lease agreement with a tenant. These checks are simi…

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Why Is Pet Screening Always A Good Idea?

Why Is Pet Screening Always A Good Idea?

Are you a landlord considering the idea of allowing pets into your rental properties? You're not alone. For many property owners, the decision to welcome furry tenants comes with a myriad of uncertainties and concerns. However, in the ever-evolving landscape of property management, one practice stands out as a reliable solution: pet screening. In this article, we'll delve into why pet screening isn't just a good idea—it's a smart and proactive approach for landlords looking to safeguard their investments and cultivate positive tenant experien…

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Breaking a Lease in Leesburg, Virginia - Know the Laws

Breaking a Lease in Leesburg, Virginia - Know the Laws

Breaking a lease in Virginia is a serious violation of a contractual lease agreement. For this reason, landlords often penalize their Virginia tenants when they break a lease early. When Can a Virginia Tenant Break Their Lease Agreement Without Penalty? That said, there are certain situations in which tenanta can legally break their lease or rental agreement early without penalty. The situations where a renter can break a lease agreement are as follows. 1. Early Termination Clause in the Lease An early termination clause in the lease gives te…

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