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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
When you own a rental property, your major source of income is your tenants. As a landlord, it’s important to find high-quality tenants who abide by the rules and regulations in the lease agreement. However, good tenants are not always easy to find. That’s why when you find one, you need to make sure to […]
As a landlord, when you have a vacant rental unit, you’ll want to fill it quickly. In order to find prospective tenants for your property, you want to get your property rent-ready. This will ensure that it looks nice and that it’s functional – which will attract many prospective tenants and get your unit rented […]
Writing a great rental listing is key when it comes to attracting tenants. You want to write an attention-grabbing listing that will make prospects stop and read your ad. This will improve your chances of landing the right tenants for your rental property. In this article, we’ll provide you 7 tips on how to write […]
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Salem, VA
24153
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