Regular Property Management vs. Experienced Property Management
By Kelly Coffman Thursday, October 22, 2026
Key TakeawaysCompare the total annual cost, not the headline percentage, since extra fees can erase expected savings.Longer vacancy and poor tenant screening can end up as hefty expenses, so managers with marketing and placement experience are an asset. Ask every candidate f...
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Should Glen Allen Landlords Convert a Garage or Basement Into an ADU?
By Kelly Coffman Wednesday, October 21, 2026
An unused garage or a half-finished basement is easy to overlook. In Henrico County right now, it might also be one of the more overlooked ways to add real rental income to a property you already own.Accessory dwelling units are having a real moment in Virginia, and Glen Allen ow...
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Richmond's Rental Inspection Program One Year Later: What Actually Changed for Landlords
By Kelly Coffman Wednesday, October 7, 2026
A year ago, Richmond City Council voted 9-0 to create the city's first residential rental inspection program. After more than two years of debate, that felt like a major turning point.Since then, the headlines have quieted down, and many landlords are left wondering what actu...
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Key TakeawaysThe rent-versus-sell decision depends on your timeline, local market conditions, tax situation, and desired level of involvement.Virginia's rental market can support positive cash flow, but mortgage costs, operating expenses, vacancy, and property management fees...
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Richmond's Code Refresh: What's Changed Since Our Last Update
By Kelly Coffman Monday, September 21, 2026
The rules governing rentals in Virginia are constantly changing, and 2026 has seen one of the most active periods of updates in recent years. For those of you who manage rental properties in Richmond, Henrico, or elsewhere in the metropolitan area, several of the lease requiremen...
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Foreclosure Investing in Richmond: Is the Opportunity Still There in 2026?
By Kelly Coffman Monday, September 7, 2026
Weekly in Richmond, foreclosure listings appear, ranging from a bungalow in Church Hill to a brick rancher beyond Chesterfield. For investors who were around during the previous wave of foreclosures, the appeal is clear: buy cheap, make the necessary repairs, and then either sell...
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How to Estimate Market Rent for an Investment Property in Virginia
By Kelly Coffman Friday, August 28, 2026
Key TakeawaysAccurate market rent estimates require more than online calculators. Local, recent rental comps provide a stronger foundation for pricing Virginia investment properties.Adjust comps for the features that actually affect rent. Property type, size, bedrooms a...
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Will Mortgage Rates Affect Glen Allen Rental Demand in Late 2026?
By Kelly Coffman Friday, August 21, 2026
Owning rental property in Glen Allen has always required balancing long-term planning with short-term market shifts. As late 2026 approaches, one question on many landlords' minds is: what happens if mortgage rates remain elevated or fluctuate again?While mortgage rates don...
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Should Glen Allen Landlords Allow Pets in 2026? Balancing Rental Demand and Risk
By Kelly Coffman Friday, August 7, 2026
For many Glen Allen landlords, deciding whether to allow pets has become less of a simple policy choice and more of a business decision. More renters own pets than ever before, and many consider pet-friendly housing a necessity rather than a bonus. At the same time, concerns abou...
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What Happens When a Tenant Pays Late in Virginia? A Landlord’s Step-by-Step Guide
By Kelly Coffman Tuesday, July 21, 2026
For most landlords, receiving rent on time is essential to keeping a rental property profitable. Mortgage payments, maintenance expenses, insurance premiums, and other operating costs don't stop simply because a tenant misses a payment. While an occasional delay may not seem ...
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