By Stephanie Michael, RMP, MPM - Monday, April 7, 2025

The Cost of Doing It Yourself vs. Hiring a Property Management Company

Owning a rental property can be an excellent source of passive income, but overseeing the daily operations presents its own set of challenges. Whether you own a property as a single investment or own rentals across various locations, one of the most important decisions you will m...

By Stephanie Michael, RMP, MPM - Friday, March 21, 2025

4 Signs You Need to Hire a Property Management Company for Landlord Rescue

Data from Virginia Realtors shows that approximately one-third of people in Virginia are renters.This is slightly lower than the national average, so if you own rental properties in Virginia, you might need to put in some extra work to make a good income from your real estate. It...

By Stephanie Michael, RMP, MPM - Friday, March 7, 2025

How to Find Section 8 Tenants in Fredericksburg, VA

The Section 8 program, the unofficial term for the Housing Choice Voucher Program, offers rental assistance to low-income families. For landlords, this program provides a steady stream of potential tenants and guaranteed rental payments from the government, reducing the risk of v...

By Stephanie Michael, RMP, MPM - Friday, February 21, 2025

Commercial vs Residential: The Differences in Property Management Explained

As a real estate investor, you have an opportunity to diversify your portfolio and generate more passive income by investing in different property types. But first, you must distinguish between commercial and residential properties regarding property management.It goes without sa...

By Stephanie Michael, RMP, MPM - Friday, February 7, 2025

What is an Accidental Landlord? Advice for Owners in Fredericksburg, VA

Have you ever found yourself in the position of owning a rental property you didn't originally plan on? If yes, then you are considered an accidental landlord. This situation is caused by various unforeseen circumstances such as job relocation, inheriting a property you can&r...

By Stephanie Michael, RMP, MPM - Tuesday, January 21, 2025

Benefits of Online Portals for Owners and Tenants

A study from RealPage and The Center for Generational Kinetics showed that about 66% of renters are satisfied with their current housing. While this is the majority, there are clearly plenty of renters who aren't happy with their situation.As a landlord, you should work to en...

By Stephanie Michael, RMP, MPM - Tuesday, January 7, 2025

How to Create Long-Term Stability for Your Fredericksburg, VA, Property Management Company

According to brightMLS multiple listing data, the median house price in Fredericksburg, VA, reached $465,000 in November 2024 up from $439,900 in November of 2023. This 6% increase shows that it's an active real estate market, and you can take advantage of this.Building a rea...

By Stephanie Michael, RMP, MPM - Saturday, December 21, 2024

Understanding Your Rental Property Income Statement

You're flipping through pages of your rental property's financial documents. You pause at the rental property income statement. Numbers leap out at you - cash flow, expenses, and profits. It all feels like a foreign language, but you know this document holds the key to un...

By Stephanie Michael, RMP, MPM - Saturday, December 7, 2024

Top 4 Commercial Property Maintenance Tips in Fredericksburg, VA

You're walking into your commercial property on a crisp Fredericksburg morning, ready to start the day. The facade is gleaming, the landscaping is pristine, and the building itself exudes professionalism. Clients notice. Tenants are happy. This isn't just about aesthetics...

By Stephanie Michael, RMP, MPM - Thursday, November 21, 2024

Difference Between Service, Emotional Support Animals and Pets: A Guide for Fredericksburg, VA Landl...

Data from Pew Research Center shows that about 62% of Americans have a pet, and 97% of these consider their pets to be a part of the family.Most pet owners won't want to live somewhere that doesn't allow pets, but landlords are free to make their own pet policies. However...

Property Management Blog

The Cost of Doing It Yourself vs. Hiring a Property Management Company

4 Signs You Need to Hire a Property Management Company for Landlord Rescue

How to Find Section 8 Tenants in Fredericksburg, VA

Commercial vs Residential: The Differences in Property Management Explained

What is an Accidental Landlord? Advice for Owners in Fredericksburg, VA

Benefits of Online Portals for Owners and Tenants

How to Create Long-Term Stability for Your Fredericksburg, VA, Property Management Company

Understanding Your Rental Property Income Statement

Top 4 Commercial Property Maintenance Tips in Fredericksburg, VA

Difference Between Service, Emotional Support Animals and Pets: A Guide for Fredericksburg, VA Landl...

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