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Northern Virginia Rental Market Update: Heading Into Fall 2025
Whether you’re managing a single-family rental in Fairfax, a condo in Arlington, or a townhome in Alexandria, now is the time to reevaluate your strategy and prepare for a more competitive fall market.

Ron Riddell
Aug 62 min read
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Renting vs. Selling in Northern Virginia: What’s the Right Move for You?
At Promax Management, we’ve helped hundreds of local property owners evaluate their options and make the most financially sound decision for their situation.

Ron Riddell
Jun 43 min read
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Navigating Uncertainty: How Federal Job Instability Impacts Landlords and Tenants and How Property Managers Can Help
The current economic climate has introduced a wave of uncertainty, not only for tenants but for landlords as well. Many landlords are being forced to relocate or return home due to job transfers, job losses, or personal circumstances. On the flip side, tenants are also facing challenges such as job loss, relocation, or financial hardships, which may make it difficult for them to continue renting.

Ron Riddell
Apr 194 min read
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When Looking to Rent Your Virginia Home, Check for Any HOA Rules or Limitations First
Renting out your home can be a wise decision. However, it’s essential to consider the regulations set forth by your Homeowners...

Ron Riddell
Feb 242 min read
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Should a Landlord Paint Their Rental Property Every Time Tenants Change?
As a landlord, managing a rental property involves many decisions that can affect both the condition of the property and the...

Ron Riddell
Feb 143 min read
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Pros and Cons of Landlords Allowing Tenants to Add a Roommate to Their Lease
Adding a roommate to an existing lease is a common request that landlords face. Whether it’s for financial reasons or changing...

Ron Riddell
Jan 273 min read
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Are You Getting Transferred Overseas With the State Department or DOD? Why You Should Consider Using a Local Northern VA Property Management Company While Away
Receiving a transfer overseas through the State Department or the Department of Defense (DOD) can be both exciting and stressful. While...

Ron Riddell
Aug 29, 20243 min read
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Time Is Money: How Hiring a Professional Property Management Company Frees You to Focus on What Matters Most
Whether you’re a seasoned real estate investor or a first-time landlord, managing a rental property can quickly become a time-consuming...

Ron Riddell
Aug 14, 20243 min read
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Winning the Rental Race: How to Stand Out Among Multiple Applicants
The rental market continues to be competitive, with properties receiving multiple applications and rents continuing to rise. Securing a...

Ron Riddell
May 13, 20243 min read
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Normal Wear and Tear vs. Damage at Your Rental Property: How to Tell the Difference
Depending on how long tenants stay at your rental property, it’s natural to see some wear and tear of the unit over time. However, this...

Ron Riddell
Apr 16, 20243 min read
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Avoiding Common Mistakes of New Landlords in Virginia
As a landlord in Virginia, you have many responsibilities and it's important to understand the common mistakes that new landlords make.

Ron Riddell
Nov 24, 202211 min read
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Why Are Single-Family Rental Homes So Popular Right Now?
As the demand for single-family rental homes in Northern Virginia continues to surge, it is essential that homeowners understand why these

Ron Riddell
Nov 16, 20229 min read
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The Four Essential Questions to Ask a Property Manager
Being a landlord is stressful. Buying an investment property is a huge investment and you want to make a profit from it. A lot of things can

Ron Riddell
Nov 3, 20224 min read
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6 Signs You Might Need a Property Manager
There are several duties that you must be aware of and respect once you become a proprietor. You should be prepared to pay bills, supervise,

Ron Riddell
Oct 5, 20224 min read
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Buying a Rental Property? These 4 Key Tips Will Ensure You Buy One That Turns a Profit
While many people may be hesitant to consider real estate as a viable long-term investment, owning property in the Northern Virginia market

Ron Riddell
Sep 27, 20222 min read
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Property Management: How Much Does it Really Cost?
If you currently own, or are looking into owning, rental properties as a financial investment, you’re definitely going to want to consider h

Ron Riddell
Sep 23, 20223 min read
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Tips for Building a Real Estate Investment Portfolio
Real estate may be one of the most important things that you will ever invest in, but it can also be a useful means of increasing your

Ron Riddell
Sep 10, 20224 min read
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Understanding Real Estate Leverage: Risks & Rewards
Investing in real estate is all about keeping a good balance between risk and reward. Investors look to maintain this balance with their

Ron Riddell
Aug 24, 20224 min read
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5 Questions Foreign Service Officers Should Ask When Hiring a Property Manager
If you are a Foreign Service officer here in Springfield, Virginia, you most likely understand the difficulty of owning a property Northern

Ron Riddell
Aug 23, 20223 min read
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PROMAX Management Gives You the Best Advice in Today’s Market
Having an experienced guide coaching you through the rental and housing marketing is important in a normal market – but today’s market is fa

Ron Riddell
Jul 26, 20223 min read
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