Handling the eviction process as a landlord can be challenging, and dealing with a tenant’s belongings after the eviction is another level of property management detail. JMAX Property Management understands how critical it is to manage this situation effectively to protect your property and investment. In this article, we’ll go over the steps to take […]
How to Prepare Your Rental for Winter
A rental property requires plenty of care. Good property maintenance often means happier tenants and, thus, longer, more stable tenancies. One aspect of property upkeep that many landlords ignore is the importance of seasonal maintenance. Extreme weather and natural phenomena, such as hurricanes or blizzards, can significantly damage your rental. Winter in Virginia can be extremely […]
Risks of Having a Vacant Rental Property
Investing in rental properties is one of the most rewarding real estate investment strategies. However, it can also be very challenging. One of the most significant concerns for landlords is the risk associated with having a vacant rental property. While it’s natural to hope for a continuous stream of responsible and reliable tenants, the reality […]
Renewal Screening Checks
Leases expire and to continue receiving consistent income, marketing your rental property should be prioritized. However, a good strategy that entails less effort and cost is to work on retaining your existing renters. You won’t need to post ads anymore and you save time chasing after potential tenant leads. But, should you feel fortunate enough […]
When and How to Raise Rental Prices
One of the most important decisions you’ll make as a rental property owner is when and how to raise rental prices. It’s a delicate balance that requires careful consideration of both your financial goals and your responsibility to provide fair and affordable housing. As a landlord, you need to understand the key aspects of this […]
How to Transition From Part-Time to Full-Time Landlord
Becoming a full-time landlord can be a life-changing decision. Deciding to do this job full time offers the independence of being your own boss, as well as the chance for large financial gains. However, it requires time, effort, and commitment. To ensure the switch from part-time to full-time landlord is successful and profitable, you must […]
Costs That Landlords Don’t Notice They’re Accruing
Renting out property offers landlords the potential to earn passive income, but only if they know the right way to go about it. What some landlords fail to realize is that there are plenty of costs that can cut into your earnings. Whether you’re a first-time landlord or a seasoned one, you need to learn […]
What Landlords Should Know About Move-out Letters
Maintaining positive landlord-tenant relationships and protecting your rights as a landlord requires having a straightforward move-out procedure. A move-out letter plays a crucial role in achieving this. These letters allow for effective communication, establish your tenant’s decision to leave, and comply with legal requirements. Here at JMAX Property Management, we have put together this article […]
Why Pet Screening is Always a Good Idea
Maximizing the benefits of being a pet-friendly rental space leads to better rental investment returns and more potential renters. But keep in mind that accommodating pets require utmost preparation. It’s, therefore, good practice to create a pet screening procedure. Having a thorough pet screening process will help to deter any renter property damage and help […]
6 Best Ways of Retaining a Tenant
The best path to finding success when managing a rental property is to find long-term renters. With residents signing lease renewals regularly, you will have a steady income you can use to expand your portfolio or improve your current properties to entice tenants to stick around for a long time. That said, searching for high-quality […]