Property Management Blog

Wednesday, March 22, 2023

Home Improvements For Your Rental Property
Property Management Blog
As a landlord, you want your rental property to be comfortable and attractive to tenants. While there are many home improvements that can add value and appeal to your rental property, some are more effective than others. Here are some of the best home improvements for a rental property.Fresh Coat of PaintA fresh coat of paint can transfor...

Friday, March 3, 2023

Property Management Blog
If you're a tenant with limited outdoor space, container gardening is an excellent way to add some greenery and beauty to your home. With container gardening, you can grow herbs, vegetables, and flowers in pots and containers on your balcony, patio, or even indoors.Here are some tips for successful container gardening:Choose the right...

Thursday, March 2, 2023

Spring Cleaning
Property Management Blog
Spring is finally here, and it's time for tenants to start thinking about spring maintenance. As the weather warms up and the snow melts away, it's important to ensure that your rental property is in good condition and ready for the new season. Here are some tips for tenants to help get your rental property in tip-top shape this s...

Tuesday, February 28, 2023

Turning Down The Applicant
Property Management Blog
Why is it one of the first words we learn to say quickly is "no?" Then, why is it so hard for people to accept when someone says "no?" Whether an owner finds it difficult or not, there are times to say "no" to a prospective tenant.Most property owners or managers rent to applicants based on credit, income, an...

Tuesday, January 24, 2023

Is it Time to Add to Your Portfolio?
Property Management Blog
The market has leveled off and there certainly are some buying opportunities coming up. Even within our owner database, we will help owners sell properties when ready and those may be opportunities for you too as we will let you know about them prior to going on the market.Markets periodically change. Sometimes it is a buyer's market,...

Tuesday, December 27, 2022

Twelve Proactive Resolutions For Investors
Property Management Blog
The end of December is traditionally the time when people make plans for the New Year and make their resolutions. While it is true that many people forget their resolutions as the year progresses, here are twelve resolutions that would ensure the success of any investment at any time of the year.1 - Review property insurance yearly This r...

Tuesday, December 20, 2022

Happy Holidays Everyone!
Property Management Blog
Happy Holidays everyone!  Our team here at Richey Property Management would like to send a special message to all clients, customers, contractors, suppliers, friends and family to have a happy holiday season and all our best wishes in the new year.We hope you enjoy some time with family and friends and that you keep safe over the hol...

Tuesday, December 13, 2022

How to Secure Long Term Tenants: Northern Virginia Property Management
Property Management Blog
Keeping long term tenants in place can help you save money on your rental properties. Having someone stay for a long time gives you peace of mind that rent will come in, and you don’t have to incur turnover costs every year or two years. And, you also know that the longer they stay, the better they take care of the property. They&rs...

Tuesday, December 6, 2022

Tips on How to Handle Security Deposits for Your Northern Virginia Property
Property Management Blog
How do you handle security deposits for your Northern Virginia property? This question comes up a lot. Landlords often need help with how to disburse money, manage the requirements, and meet the timelines.  Collecting a Security DepositYour security deposit is just that: security. You have the money to fix whatever needs to be fixed ...

Sunday, December 4, 2022

Tax Deductions for your “Rental Business”
Property Management Blog
We talk about the fact that when you own a rental property, you now own a business. The home is your product, your tenant is your client. You’ve got to keep accurate records, manage expenses and keep revenue coming in the door. As a property manager, that’s our job. Record keeping is a big part of managing a business and when ...

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