Richmond Property Management Blog

Smart Home Upgrades for Richmond Rentals: What Actually Makes Sense?

Smart-home technology can make a rental easier to live in and, in some cases, easier to operate. It can also create batteries to replace, accounts to transfer, apps to support, internet dependencies, privacy questions, and another device that can fail during a turnover.For Richmo...

What Is Virginia Form R-5? What Nonresident Rental Owners Need to Know

Virginia Form R-5 is easy to confuse with several other filings that can affect an out-of-state rental owner. It is a Virginia Tax registration connected to rental payments made to nonresident payees, not a resident-agent appointment and not an LLC registered-agent filing. For ow...

Is the 1% Maintenance Rule Still Useful for Richmond Rental Properties?

The 1% maintenance rule is still useful for Richmond rental owners, but only as a starting point. The rule says to reserve roughly 1% of a property's value each year for maintenance. That is simple enough to help with an early budget, but it is too blunt to become the propert...

Before You Repair a Pre-1978 Rental: The Lead Paint Rule Richmond Landlords Miss

For a Richmond rental owner, a pre-1978 house can turn an ordinary maintenance call into a federal lead-compliance question. The repair may have nothing to do with "lead work." A painter sands a wall, an electrician cuts an access hole, a plumber opens a painted chase, ...

Richmond, VA Rental Market Trends: Q3 2026 Update

As of August 21, Q3 2026 is still underway, and Richmond Metro is not moving as one uniform rental market. Large-apartment data still shows year-over-year rent growth, while a broader measure of smaller rental listings shows mild softness. Local readings add another layer: Easter...

Eco-Friendly Rental Upgrades That Make Sense in Richmond

Eco-friendly rental upgrades can be worthwhile, but the label alone does not make an improvement a good investment. For a Richmond rental owner, the better question is whether an upgrade reduces waste, solves a recurring property problem, improves comfort, lowers future maintenan...

Is Midlothian Still a Good Place to Buy Rental Property in 2026?

Midlothian can still make sense for a rental property purchase in 2026, but the local numbers reward careful property selection. Chesterfield County continues to add residents, Midlothian home values have risen modestly over the past year, and Zillow's rent index remains abov...

Richmond’s Multifamily Shift: What New Supply Means for Class B and C Investors

Richmond’s multifamily market is changing, but the change is more measured than the old version of this article suggested. New apartments are still being delivered, large professional operators have raised the standard for pricing and presentation, and renters have more cho...

How Long Should It Take to Rent a House in Richmond?

How long should a Richmond rental take to lease? There is no single number that separates a normal timeline from a problem. A well-positioned home can lease quickly, while another property can take longer because of price point, season, condition, restrictions, showing access, or...

Is Richmond Still a Good Place to Buy Rental Property in 2026?

Richmond still deserves a place on a rental buyer's short list in 2026. Buyers have more homes to choose from than they did a year ago, asking prices have held roughly flat, population has continued to grow across the core Richmond-area jurisdictions, and well-positioned rent...