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Although they are less common than other types of property damage, plumbing problems can become very costly for property managers. Repairing or replacing broken pipes and water fixtures after they break is expensive. The more proactive you can be as a landlord, the less expensive it will be in the long run. Let’s review the…

  Are you thinking of buying an investment property in Virginia Beach, VA? If so, that’s a great idea! Real estate investing can earn you a regular passive income every month. And, if you do it properly, investing in property has the potential to create an abundance of financial wealth. There are many reasons to…

A lease is a contractual agreement between a landlord and a tenant. It runs for a certain duration of time, during which both parties must abide by its terms. Unfortunately, this doesn’t always happen. Sometimes, a tenant may want or need to break the lease agreement early. In Virginia, there are consequences for breaking a…

No landlord wants to evict a tenant. The process can be costly, stressful, and tedious. On the other hand, no landlord wants to rent to a tenant that is disrespectful, won’t pay rent, and won’t care for the rental unit, among other things.  In the end, the landlord may be left with no other option…

As a landlord, you can understand that renting out a rental unit comes with its own fair share of risks. For example, a tenant may cause negligent damage to your rental unit and have to be evicted or move out with unpaid utility bills.   Virginia law does not require property owners to ask for a…

Landlords and tenants in Virginia must abide by the Virginia landlord-tenant law. Virginia law outline the most essential details of this relationship, from security deposits to each party’s rights and responsibilities. If you’re just getting started as a Virginia residential landlord or simply want to learn more, here’s everything you need to know about the…