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How a Month-to-Month Lease Agreement Works in Norfolk, VA

Osprey Property Management

Originally published September 2021. Rental property owners in Norfolk, VA, know it's important to understand how month-to-month lease agreements work. Unlike a long-term lease, a month-to-month agreement is automatically renewed unless either the tenant or landlord provides notice of non-renewal. Updated October 1, 2024.

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New 2025 condo and HOA laws for U.S. states

Condo Control

Condo unit owners can invest in green energy initiatives A progressive initiative aims to give lower-income households access to solar energy, while also giving multi-family residential property owners the opportunity to invest in solar energy to offset energy costs.

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Tenant default insurance for landlords: Safeguarding your rental income

MRI Software

were behind on their rent payments in 2021? Benefits of tenant default insurance Tenant rent default insurance is one of the key pillars of residential property management , offering peace of mind and financial stability for landlords. Did you know that around 15% of renter households in the U.S.

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Property Management Profitability: FAQs on Profit Margin

Second Nature

The more value a PMC can drive for its property investors and residents, the more revenue they generate. We've worked with hundreds of residential property management companies and seen a wide variety of profitability levels, Daniel says. In 2021, the average profitability was 11%, and the top performers were 32%.