Are you ready to start your investment journey? Rental property is one of the best investment options of the current era. It is less volatile than bonds and stocks, and it serves as a shock absorber for economic downturns. It is also a good source of passive income. ...
Buying a house is a big decision, and being in the military can make that decision even bigger because you have additional factors to consider. On one hand, military service can provide stability and a steady income, making homeownership more attainable. On the other...
As a landlord in Virginia, there are a lot of rules and regulations that you need to abide by under the state’s landlord-tenant laws. An example of that is the rights and responsibilities of both parties when it comes to breaking a lease. A lease is a contractually...
No landlord ever wants to deal with evictions, but it’s always important to be prepared for any scenario. In Virginia, the eviction process is a legal procedure for landlords to take action on tenants who have failed to uphold their end of the rental agreement due to...
As a landlord, collecting a security deposit from your tenants can benefit many different aspects of your rental property business. The funds in a security deposit can help landlords cover the cost of a wide variety of issues that may be caused by a tenant, which can...
In Virginia, you can enter into a rental agreement either verbally or through a written document. And once entered, both parties – the landlord and tenant – obtain certain rights and responsibilities. As a landlord, for instance, you obtain the right to evict a...
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...
