Richmond Property Management

Virginia’s rental market is evolving, and so are the laws that govern it. Starting July 1, 2025, a major update to the Virginia Residential Landlord and Tenant Act (VRLTA) will take effect. This new legislation, known as House Bill 2430, introduces strict requirements for landlords to disclose all fees clearly and transparently at the beginni...

Renting out a place isn’t easy when you’re on a budget. Ads cost money, listings get buried, and every empty month hurts your bottom line.In Richmond, the squeeze is real. Early 2025 reports show the city’s vacancy rate at 9.5%, well above the national average of 6.6%. On top of that, 15% of renters here have stayed...

Setting the right rental rates: A good property management company will conduct a thorough market study to set a rental price for your property, ensuring that you achieve the perfect balance between maximizing monthly income and maintaining a low vacancy rate.Collecting and depositing monthly rent payments on time: If you've ever worked in a bi...