Property Management Blog

When and How to Raise Rental Prices

System - Friday, September 13, 2024

Raising rental prices is a crucial part of property management, but it’s something that requires careful consideration. Rental increases need to be fair, reasonable, timely and carried out after a proper rent increase n... read more >>

BUSINESS HEADWINDS Obstacles or Challenges That Hinder Growth or Progress

KRS Holdings - Wednesday, September 4, 2024

My primary guiding principle for the balance of this year is ... no apparent headwinds.Sustaining StatsThere have been no appreciable changes to key economic indicators since our July newsletter article. That said, here are some ... read more >>

Why Successful Real Estate Investors Partner with Property Management Companies

KRS Holdings - Friday, August 30, 2024

Investing in real estate is a powerful strategy to grow wealth and work towards financial independence. Real estate investors often purchase properties with the goal of generating income through rental payments. On the other ... read more >>

Guide to Making a Solid Lease Agreement For Your Rental Property

System - Wednesday, August 28, 2024

After finding great tenants to occupy your property, creating a well-drafted lease agreement is one of the most important steps in managing a rental property. A solid lease agreement not only helps in outlining the responsibi... read more >>

How To Calculate The ROI On A Property Investment

KRS Holdings - Wednesday, August 28, 2024

Are you certain your rental property investment is generating the returns you anticipated? As a landlord in Richmond, understanding how to accurately calculate the return on investment (ROI) is crucial to ensuring investors rental... read more >>

How to Convert Your Home Into a Rental Property

KRS Holdings - Wednesday, August 28, 2024

Turning your home into a rental property can be a smart way to generate additional income and make the most of your real estate investment. After deciding to rent out your property, there are several steps you need to follow ... read more >>

RESIDENTIAL MORTGAGE RATES WILL NOT GO UP THIS YEAR! What Does That Mean for Residential Rental Inve...

KRS Holdings - Tuesday, July 30, 2024

More on this in a bit … but for starters, my decision-making for the balanceof this year is grounded in anticipation of two reductions in rates by the Fed… 25 basis points no later than September, repeated by year-e... read more >>

8 Tips for Getting Your Property Ready to Rent

KRS Holdings - Wednesday, July 24, 2024

Vacancies are inevitable in the life of any landlord. A tenant may want to move for various reasons, from financial hardships to needing more space or unforeseen circumstances like job relocation, illness, or change in marital sta... read more >>

Tips to Find Great Tenants For Your Rental Property

System - Tuesday, July 23, 2024

As a landlord you have probably heard some bad tenant stories that may lead you to believe that great tenants are hard to find. However, great tenants still exist, you must learn to attract renters to reach your goal of optimal an... read more >>

Pros And Cons of Renting to Tenants With Pets

System - Monday, July 22, 2024

Pets bring joy, companionship, and unconditional love to our lives. They come in various forms, from dogs and cats to birds and reptiles. Pets can improve mental health, reduce stress, and encourage physical activity. Their p... read more >>