Richmond Landlord & Rental Property Blog

What Should a Landlord Do After a Sewer Backup in a Richmond Rental?

When sewage comes up through a toilet, tub, shower, floor drain, or other drain in a rental property, owners may call it sewage backflow, a sewer backup, or a drain backup. Whatever the label, the first job is the same: stop the event from getting worse, keep people away from con...

How to write a pet policy for rental properties

Most landlords think a pet policy is just a line in the lease that says "no pets" or "pets okay." It's not. A real pet policy is a legal document, a financial instrument, and a liability shield all rolled into one — and when it's written poorly, ...

How to Choose Rental Comps for a Richmond Property

A useful rental comp is not simply a nearby property with the same bedroom count. It is a property a qualified renter could realistically choose instead of the subject rental.PMI James River builds pricing decisions around the home's actual competition as part of its Richmond...

Month-to-month vs. fixed-term lease: which is better for landlords

Most landlords assume month-to-month leases give them more control. We'd push back on that pretty hard.The reality is more complicated, and the wrong call can cost you several thousand dollars in a single vacancy cycle. If you're trying to decide how to structure your nex...

Are New-Construction Homes Good Rental Investments in Ashland?

Yes. Ashland can support a new-construction rental investment, but it deserves its own underwriting because the Town of Ashland adds a separate real-estate levy on top of Hanover County taxation and the current new-home search spans an unusually wide range of property types and p...

Are New-Construction Homes Good Rental Investments in Mechanicsville?

Yes, but Mechanicsville's current new-build rental math often requires discipline because many new homes carry a materially higher acquisition basis than the local townhome rental set. The market has enough active new construction and rental inventory to analyze directly rath...

Are New-Construction Homes Good Rental Investments in Midlothian?

Yes. Midlothian has enough current new-construction supply and rental depth to support a dedicated new-build investment strategy, but it is not one uniform market. A buyer can move among materially different attached and detached products while staying under the Midlothian name.P...

Are New-Construction Homes Good Rental Investments in Chesterfield County?

Yes. Chesterfield County can be a strong place to buy a new-construction rental, but the county's 2026 housing pipeline is too large and too varied for a single new-build rule. The investment case changes between Midlothian, Moseley, Chester, and other parts of the county bec...

Are New-Construction Homes Good Rental Investments in Short Pump?

Yes, but Short Pump is a more price-sensitive new-build rental decision than the phrase "new construction" may suggest. Current search results show meaningful new attached-home inventory, but the market also carries a high purchase-price profile and a relatively limited...

Are New-Construction Homes Good Rental Investments in Glen Allen?

Yes. Glen Allen can support a new-construction rental investment, especially when the buyer targets a property type with a deep local rental comp set and does not overpay for the new-home label. The market has active new attached-home supply, a meaningful townhome rental pool, an...