Property Management Blog

Do you know how to effectively price your rental property? Setting the right rental price is crucial to filling your property quickly without leaving money on the table. In today’s market, tenants are sensitive to price increases, and overpricing can lead to more prolonged vacancies. Here are what you should do to price your rental ...

Are you a landlord striving to maximize your rental income while minimizing headaches? It’s easy to get caught up in the day-to-day management of properties, but overlooking certain aspects can lead to costly mistakes. From inadequate tenant screening to neglecting property maintenance, landlords often make errors that can significa...

Managing rentals alone can involve juggling tenant texts, midnight repairs, and legal hurdles—property managers can take over these tasks.Ever feel like you’re buried under the stress of being a landlord? Tenants are texting nonstop. The toilet’s broken (again), paperwork is piling up, and rent? It’s exhausting.Man...

LLC property owners need to file their FinCEN report to avoid penalties.Do you own a rental property under an LLC? Then, you should know the new federal reporting requirement you can’t afford to ignore. Missing it could mean paying fines or even criminal charges. But don’t worry because I’ve got you covered.I’m her...

Are you wondering what will happen in the housing market in 2025? There’s a lot going on, and it’s important to know what to expect. Whether you’re thinking about buying a home, selling, or investing in rental properties, understanding the market can help you make better decisions.The 2024 housing market was a tough one,...

Renting a place doesn't mean you can't make it feel like home. With a few thoughtful touches and creative strategies, you can transform your rental into a cozy and personal sanctuary.Here are some practical tips to help you achieve that:1. Personalize Your SpaceInject your personality into your rental by incorporating items that r...

The Consequences of Neglecting Your Furnace Filter: A Costly OversightYour furnace works tirelessly to keep your home warm and cozy during the cold months, and while it may seem like a self-sufficient appliance, there's one critical component that often goes unnoticed—the furnace filter. Neglecting this small but essential part ...

As we step into 2024, it's time to reflect on the dynamic landscape of the Northern Virginia real estate market in the past year. 2023 was a year marked by economic shifts, evolving buyer preferences, and external factors, the market experienced highs and lows that shaped the region's property landscape.In this recap, we will delv...

When it comes to managing your rental property, ensuring a seamless leasing experience is paramount. Richey Property Management recognizes that landlords have unique needs, and our a la carte services cater to just that. These services are designed to simplify the leasing process, enhance property presentation, and maintain the integrity ...

As the leaves start to change and the air turns crisper, it's a clear sign that fall has arrived in Virginia. Along with the picturesque landscapes and pumpkin spice lattes, this season brings unique maintenance challenges for tenants in the Old Dominion state. To ensure your rental property remains in top condition and you enjoy...