Blacksburg Property Management Blog

Do My Property Management Fees Cover Rental Maintenance?

Virginia's residential rental vacancy rate is holding steady at just 4.9%, which is well below the national average. This is excellent news for landlords, but it also means lots of extra work to keep your tenants happy.Staying up-to-date with property maintenance and repairs ...

Commercial Property Asset Management: Strategies for Optimal Performance

Real estate can be a great source of income, and there are different types you can purchase.A lot of investors begin with a rental property, but commercial real estate can have just as much (if not more) potential. If you want to start investing in commercial real estate, you sho...

Simplifying Lease Documentation Management: Tools and Best Practices

With the constant stream of documents and tight deadlines, it can be easy to feel overwhelmed with a busy portfolio. On top of this, lease negotiation and renegotiation add further complexity due to document versioning. Wouldn't it be helpful to streamline these processes?Dis...

Simplifying Lease Documentation Management: Tools and Best Practices

With the constant stream of documents and tight deadlines, it can be easy to feel overwhelmed with a busy portfolio. On top of this, lease negotiation and renegotiation add further complexity due to document versioning. Wouldn't it be helpful to streamline these processes?Dis...

How Often Should a Landlord Inspect Rental Property in Charlottesville, VA?

Having your property inspected once a year is recommended. If your property is less than 10 years old, you can have it checked once every three years.While it may not be the most glamorous part of owning real estate, rental property inspections are crucial. There's a balance ...

Landlord Rescue: Signs You Need to Hire a Property Management Company in Charlottesville, VA

Only 45% of landlords manage their properties, which shows how many rely on a property manager to maintain their accommodation.Knowing when to outsource your landlord needs is essential for growing your profit and avoiding burnout. But if you're unsure of whether it's bec...

What's Next After Buying Your First Rental Property?

One man lives the rental property ownership dream by owning over 60 rental properties that bring in $431,000 annually. He manages the properties from a van in which he and his wife live and travel. If this sounds like the dream life, you can have this life too by buying rental pr...

Charlottesville Real Estate: Tips to Attract Tenants in a Tough Market

Attracting tenants in a tough market like Charlottesville is difficult without the right marketing plan. According to rental market trends from Zumper, the average rent in Charlottesville is $1,970 as of December 2023.If you want to know how to get tenants, you need to come up wi...

Property Marketing in Charlottesville, VA: What You Should Know

How often do people stumble upon your Charlottesville, VA property listings? If they're struggling to find you online, the property will remain vacant. You'll miss a chance to start generating revenue.Instead, you'll begin losing money! Before that happens, start usin...

The Importance of Tenant Screening in Charlottesville, VA

Rental property owners and prospective investors need to know that 35% of Charlottesville residents are renters.With such a huge tenant pool, tenant screening has never been more important. It keeps your business safe and offers all kinds of benefits. You should never skimp on th...