Property Management Blog

Today I want to touch on a couple of landlord laws in northern Virginia that are particularly important for rental property owners. First of all, if you own more than four rental properties, you fall under what is called the VRLTA, or the Virginia Residential Landlord Tenant Act. There are things required of you that are a little bit d...

Today we are talking about how to handle late rent and what happens if you have to evict a tenant. Every landlord we know hates it when they don’t get the rent at the beginning of the month. Time goes by quickly when rent is late, and before you know it you’ll be in the first week of the new month with last month’s re...

One of the things a lot of landlords don’t think about and a lot of property managers don’t do is to rekey the rental property between tenants. In Virginia, it’s not a law, and in a number of states it’s not a law, but in about 17 states it is a legal requirement to rekey your property between tenants. My feelin...

One of the things we do as a property management company to protect your investment is ensure regular inspections are being conducted. You should always look for that same service in the company you choose to work with. This doesn’t mean an inspection once or twice a year. To protect your property, at least three inspections shou...

Today we are going to talk a little bit about marketing your rental property. Before you even begin marketing, you need to get that property rent ready. That’s something a lot of people forget to do. Sometimes, clients want us to get their home on the market while tenants are still living there, and we know work needs to be done ...

Today, we are telling you a little bit about Richey Property Management and what sets us apart from other property management companies in the northern Virginia area. We are a boutique management firm, and we own rental properties ourselves. That means we understand the pain and the excitement of owning rental property. We know how sat...

Owning rental property can be stressful.  That call in the middle of the night saying the water heater burst can make you crazy!  And dealing with a tenant who has excuses every month for not paying the rent creates anxiety when you know your mortgage is coming up. Minimize the stress! Whether you own rental property and are...

Fair housing is a critical part of renting out your home.  Check out this quick video and for more information on Fair Housing laws at www.hud.gov

  $9500/month 6326 Halsey Road, McLean, VA  22101 Gorgeous custom-built 6 BR/6.5 BA home in amazing location across from Chesterbrook Swim and Tennis.  This home features crown molding, chair rail and custom craftsmanship throughout.  Huge gourmet kitchen with butler's pantry and lots of space to entertain.  M...

I'm writing another post about pets because it's always a subject that brings up a lot of questions in rental properties.  One thing owners really need to look into when it comes to deciding whether you will accept a pet or not is whether your insurance company covers certain breeds - I am talking mainly about certain types of dogs. ...