Property Management Blog

The Best Self-Managing Landlord Protections

Top Line: If you're reading this, you're likely a skilled professional. Would you trust a non-specialist to do your job as well as you can? #food4Thought Quick Takeaways:Reduced Vacancies: Skilled property management minimizes vacancies to ensure steady rental income.Bett...

Pros and Cons of Allowing Pets in Your Richmond Rental Property

Did you know that approximately 70% of American households own a pet? This statistic alone highlights the importance of considering pet policies in your rental property.If you're a landlord or property manager in Richmond, VA, it's vital to weigh the pros and cons of allo...

Decrease Vacancy With Creative Leasing Strategies in Richmond, VA

Vacancy rates can be a property owner's worst nightmare, draining income, increasing maintenance costs, and turning once-thriving rentals into financial burdens. However, there is hope.By employing innovative rental leasing strategies, you can ensure your properties are occup...

How PMI James River Manages Repairs and Maintenance

At PMI James River, we know that timely and effective maintenance is the backbone of successful property management. A well-maintained property not only ensures tenant satisfaction, thereby reducing turnover and cash flow disruptions, but also safeguards the value of re...

Essential Tips for First-Time Landlords in Richmond, VA

As reported by Axios.com, CNN named Richmond, Virginia, the #1 best town to visit in 2024. The state's capital city received praise for its museums, impressive arts and culture scene, festivals, restaurants, and neighborhoods, among many others.The same positive characteristi...

Richmond Maintenance Seasons: Year-Round Expectations for Your Property

Owning a rental property in Richmond, VA, offers incredible opportunities, but with the city’s variable climate and weather patterns, staying on top of maintenance is critical to protecting real estate investments. Each season presents its own challenges and opportunit...

Understanding Wear and Tear vs. Damages: A Guide for Property Owners

As a property owner, one of the most common sources of confusion when managing a rental property is distinguishing between normal wear and tear and tenant-caused damages. Though somewhat subjective and ambiguous, understanding the difference is essential for maintaining good tena...

Richmond, VA Rental Market Trends: 2024 Review and 2025 Speculations

Richmond, Virginia, and its surrounding areas, including Henrico County, Chesterfield County, and Hanover County, have long been attractive markets for rental property investments. Known for its thriving economy, historic charm, and growing population, this region consistently of...

What Repairs are Tenants and Landlords in Richmond, Virginia, Responsible for?

When it comes to renting a single-family home, understanding the division of maintenance responsibilities between the tenant and the landlord is critical for avoiding disputes, keeping the property in excellent condition, and ensuring a generally smooth rental experience for ever...

Why Proactive Maintenance is Better Than Repairs in Rental Properties

Top Line: The profitability of your investment relies on one key principle: Prevention is Better than Cure. Small issues that go unnoticed or ignored can lead to big problems. A small crack in the caulk around the windows or a furnace filter that’s overdue for re...