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Fair housing laws are among the many landlord-tenant laws that you have to familiarize yourself with as a landlord. This housing law applies to landlords of any portfolio size, whether you’re just getting started with your first rental or you own a couple of dozen. The following are answers to commonly asked questions regarding the Virginia Fair Housing Laws. What Does Fair Housing Mean? Every American has the fundamental right to equal housing opportunity. This means that landlords must treat all prospective renters equally, without discrimin…

Are you a real estate investor looking to expand your portfolio? Have you thought about making a venture into Newport News, Virginia? There are plenty of great areas to invest in for this coastal city in the Southeast of the United States. Newport News has become a hub for investors seeking to diversify their portfolios thanks to its thriving economy and affordable real estate market. Before entering this market, it's crucial to comprehend the factors that make Newport News a top choice for real estate acquisition. In this article, we will ex…

As one of Virginia’s largest cities, Newport News has much to offer as an option for buying investment property. With its close proximity to the James River and the Hampton Road Harbor, the area has a certain quality that simply pulls you in. Together with the quality education and healthcare offered, investing in Newport News can be a lucrative option that promises good returns in the long term. In this article, the experienced and local team from Redsail Property Management offers several neighborhoods that might just be the perfect option f…

There are numerous benefits to investing in rental properties. By making an investment property purchase, you can increase your long-term wealth and generate a monthly passive income. If you're just getting started, it helps to seek an expert’s opinion on how to maximize your investment. Your financial situation will see a drastic change once you rent out a property, but you need to put in the necessary time for study and analysis. In this article, Redsail Property Management covers the basics of acquiring an investment property in Newport News…

As a landlord in Virginia, it is your obligation to keep yourself up to date with the rules and regulations that apply when a tenant breaks their lease early. A lease agreement is a contractually binding legal agreement when a tenant occupies a rental property. When a tenant signs the lease agreement, they agree to pay rent for the entire lease term whether or not they live in the rental unit. Sometimes circumstances occur that may force a Virginia tenant to terminate it early. Their breaking a lease early may have a legally justified reason …