Property Management Blog

  Being a landlord can be rewarding and stressful at the same time; just ask any agent in Virginia Beach property management! However difficult it may be, you should strive to be a good landlord. Being a good landlord is beneficial to you in many ways. The most important benefit is that when your tenants are happy, they tend to stay longer and take good care of the property. This bodes well for you financially, and you'll also build a positive reputation that can garner you more quality tenants down the line.   One way to become a good landlord is to understand the rental laws and regulations in your state. You should speak to an attorney about what your state and local regulations are regarding tenants' rights to ensure that you and your property are protected.   You should also draft a comprehensive lease that leaves nothing unclear about what responsibilities belong to whom. This way, you can avoid disputes with your tenants about issues that should have been made clear, like who is responsible for yard work, what day of the month the rent is due, or whether pets are allowed or not.   Lastly, you should always try to be an accessible and good-natured landlord. You don't need to be friends with your tenants, but you should always respond to their inquiries as soon as possible, be as affable as possible, and give them plenty of notice before you drop by. If you follow these guidelines, or if you hire a Virginia Beach property management company to take care of your rental for you, you can be assured of a long and profitable business arrangement!