Property Management Blog

Umbrella Insurance for Multiple Rental Properties

Umbrella insurance is a valuable tool for real estate investors to mitigate liability risks. This is especially true for those who do not hold their properties under Limited Liability Companies (LLCs) as umbrella policies can provide an extra layer of protection beyond the l...

Who Is Responsible For Gardening At A Rental Home?

Gardening disputes rarely start as “gardening.” They start as a vague expectation that turns into an HOA notice, a dead patch of grass, a shrub that blocks a walkway, or a poison ivy patch that nobody claims. The cost usually shows up later as catch-up landscaping, pe...

Why PMI James River Requires Contractors to Name Us as Additional Insured

At PMI James River, we prioritize protecting our clients and their assets as well as our contractor partners. As part of this risk management strategy, we require all contractors to name PMI James River as an Additional Insured on their General Liability insurance polic...

A Primer on Insurance Requirements for Contractors Working with Property Managers

Property managers operate in a complex and high-risk legal environment, where contractor compliance with insurance requirements is paramount. For companies like PMI James River, ensuring that contractors carry the necessary coverage is not just a best practice—it’s a ...

How Often Should a Landlord Evaluate a Rental Property’s Condition? A Richmond, VA Guide

Condition evaluations stop being “nice to have” the moment a small defect turns into water damage, an access dispute, or a move-out argument about what was pre-existing. Most owners do not lose money because a repair was expensive. They lose money because they learned...