Richmond Property Management Blog

Want to sell your property? Use a 1031 Exchange

Did you know that if you own a property that is not your primary residence, you are actually classified by the IRS as somewhat of an investor? This makes selling your property just a bit tricky, especially when it comes to the taxes which come along with it. In such cas...

Ways to maximize your rental income

Having a rental property can provide a nice source of income. However, if you’re putting in a ton of work that is filling up your downtime or tenants are coming and going, it could end up significantly reducing your earnings. Thankfully, there are ways to increase your income a...

What the PMI Brand Promise means for you

We understand that it can be very difficult to choose a third-party property management company. You need help and you want one of the best Richmond VA property management companies out there. After all, you worked hard to gain your investment and you want to leave the management...

Why Conduct Regular Inspections of Your Rental Properties

If we didn’t trust our tenants, we probably wouldn’t rent to them, but when it comes to your properties and the protection of their value, here are 3 reasons as to why it is a good idea to conduct regular inspections of your rental properties. First, to confirm that n...

Why Use a Property Manager

Purchasing rental property in NM is a smart investment and can be a significant source of residual income for property owners. However, property management can be an enormous undertaking that requires a great deal of time and effort. Property management involves the proces...

Winter Is Coming: Are You Ready?

A lot of work goes into preparing a property for the dangers presented by even mild winters. Adequately winterizing a property means taking precautions to protect the pipes and plumbing systems, reinforcing windows to save energy costs, inspecting roof integrity and dra...

Winterizing Your Rental Properties

During these cold winter months it is important for property managers to winterize rental properties. Taking these simple steps will help prevent common weather related damages to rental properties. Spending money on preventative measures will always pay off when major co...