Why is Your Tenant Retention Rate Important?As experienced property managers in Northern Virginia, we understand that your tenant retention rate is significant because it measures the number of tenants who stay in your property for multiple rental periods. Ultimately, it gives landlords an idea of how many tenants are sticking around and ...
1. Run Your Property Like a Business. Some landlords do a terrible job at running their business. It might be because they see it as a “side-gig” or a hobby” more than a business. However, when you treat your business with the respect, systems, and organization that you would treat any other business venture, amazing thi...
1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreeing to? If you don’t understand, ask questions before you sig...