3D Virtual Tours Covering Every Rental Square Inch Using a State of the Art 360 Degree Multi-Lens Camera
We’re currently providing this amazing rental asset at no charge during the COVID-19 crisis. To be eligible the home must be show/rent ready and either vacant or owner-occupied. We cannot scan tenant occupied homes for privacy reasons.
See our article with 21 powerful tips to get your home ready for rental scans/photos
Victory has long employed many cutting edge tools that now seem custom-built for the distancing challenges of today. We employ a state of the art 3D Virtual tour camera that you have to see to believe! These cameras create virtual tours similar to Google Street view-if you’ve ever used that tool-that allows you to navigate the interior of a home at your command. Potential renters can don a VR headset or click along on their smartphone or computer and walk through the home as if they’re inside. We digitally scan literally every square inch of our homes meaning no other method is closer to an in-person viewing and boy, are we’re seeing results! When the COVID-19 panic set in we began renting our homes shockingly fast and the pace never relented all thanks to this technology! Renters consistently cite our virtual tours and ease of access as the reason they chose the house they chose to call home. With the ability to view eye-catching details and measure any object or room size, its no wonder we’re seeing so many applications for our homes.
Coupled with this technology, we also employ self-access showings using quick, convenient, and advanced digital in-person tour scheduling with the help of Tenant Turner. Future tenants have the ability to immediately take a physical tour of our homes on their demand without having to wait!
No one employs more state of the art tools to better effect than Victory. We have the largest footprint of any non-franchise company in NC. In unprecedented uncertain times can you afford to risk a discount brokerage?
You may have seen stories across news outlets claiming residents are fleeing the concrete jungle for greener pastures in the suburbs. You may also have seen news outlets saying this is completely false. With conflicting information in an already trying...
Why You Shouldn’t Partner with Us - Our company has extensive experience managing literally thousands of homes over the years for many different homeowners. It’s not practical for us to deviate too dramatically from a company standard process that’s “proven”...
Let's talk about flooding. Lost in all the news of 2020 is the unprecedented hurricane season that's unfolded. As this is written we're dealing with the remnants of Hurricane Beta. Storm names have only required the use of the Greek...
More so than ever, 3D-Virtual Touring has become an important tool for property management companies and renters in the house-hunting process. Not only can you view a home from anywhere in the world, right from your smartphone, but did you...
Off-campus housing is a high demand item for many students. This can create a very lucrative investment opportunity for landlords looking to capitalize on this income stream. If done correctly, you can dramatically increase the rental income you can receive...
As we approach the end of 2020 and the holiday season, its more important than ever to get your rental home on the market. While the holidays are a joyous time for many, some may feel the burden of having...
Since 2006, Victory Property Management has strived to outperform not only the competition but ourselves. Over these last 14 years, to say we've seen it all would be an understatement. The housing crash of 2008 was one of the worst...
Decorating or making a space yours doesn't have to break the bank. Tired rental homes can finally be brought into this century all without causing irreversible damage. And even a small simple change can bring a breath of fresh air...
Renting a place is a first step before owning a home; however, you have to follow the contract that you and your landlord have agreed upon. Depending on their requirements, this could mean you can't do any major repairs, renovations,...
Being a landlord can be a rewarding and lucrative gig. Sure, it can be a lot of work, but getting your mortgage at least partially paid for is worth it to many people. Of course, these landlords want to be...
There comes a point when you just want to make this rented house or apartment into your home. The problem is that it isn’t your home. Kitchens are the most popular space to be in and also the most expensive...
2020 has been anything but routine, and this is especially true in the real estate industry. The recent Covid-19 pandemic changed how the industry operated and there has been a lot of uncertainty in the space. Despite this, the industry...
Life changes. It can throw you a curveball that nearly takes us off our feet- especially with the ever-changing world we live in. Perhaps you have reached a point in life that you will need to move out of your...
Property owners, did you know that there are slow times of the year in the rental market? Rental properties can suffer from similar factors that affect the real estate sales market. Leases that end during 'slow season' times can take...
More and more single-family homes are being marketed with a home warranty policy. This is the seller’s way of trying to convince the buyer that if something breaks during the first year of ownership, the warranty policy will cover the...
You have bought your rental property for the income stream and perhaps even in hope of future appreciation. While you may plan to own the property for a long, long time, a wise investor will have an endgame for your...
During these trying times, Victory wants to ensure to all of our tenants, prospects, owners, vendors, readers, and more that we are here and thriving. We’ve long been established as a flexible company, able to change with the times-- we...
These days, it’s not enough to have money in the bank. Prudence dictates that you should have other assets and investment instruments, too, in order to grow your money exponentially and be adequately prepared for rainy days, as well as...
So you know that you don’t have enough money to pay your rent this month. Now what? What are your options if you cannot pay your rent on time? Here are some suggestions: Call Your Landlord Right Away If someone...
How often do you think about interviewing your landlord during your rental process? Probably not very often, right? Its almost like you’re at the mercy of whoever owns the home or apartment with very little say and to an extent,...
If you’re renting an apartment, condo, or home, your rental deposit—the upfront money your landlord keeps in reserve to cover any damages—is a strong incentive to take care of the property and keep it in good shape. By following the...
Winter can be a hazardous season. Fires, floods, slips, and spills are more likely than in other seasons of the year. As a tenant, you hold a lot of responsibility to maintain the home during the colder months of the...
As your rental enters a new decade, now might be the right time to start making some upgrades and investing in the long-term value of your property. Even if you aren’t looking to sell this year, increasing its value can...
Cozy is a game-changing property management software that is geared specifically for ‘Do-It-Yourself’ landlords. Everything from marketing your property to collecting rent and receiving maintenance calls will seem like a walk in the park on your road to success! So...
Just like your home, a rental property requires upkeep and outgoing expenses like mortgage payments, taxes, insurance, utilities, and regular maintenance. In our post, ‘Is Your Investment Property Rent Ready or Sell Ready? What’s the Difference?’, we mentioned how rental...
Click here for more immediate and precise information regarding your rental home.
If you are looking to move to Raleigh, then no doubt you are interested in learning about the neighborhoods, boroughs, and suburbs. With so many different sub-areas in Raleigh alone, we figured it would be perfect time to help narrow...
When vacancy rates are low, the demand for tenants can be high. One way to ensure your rentals stand out above the crowd and stay filled longer is to offer amenities that tenants want in a rental. If you know...
Much of the financial success that comes from a rental investment property depends on a landlord’s ability to secure great applicants and then tenants. You want to find a tenant that will not only pay the rent on time but...
Time is money. The more time your rental property sits vacant, the less money you will make. That is why we here at Victory Real Estate work hard to fill our vacant units as quickly as possible. One primary way...
Click here for more immediate and precise information regarding your rental home.
Click here for more immediate and precise information regarding your rental home.
Click here for more immediate and precise information regarding your rental home.
Paying the rent each and every month. It is not like you, as the landlord, are asking that much. You just want the rent to show up on time. But it is amazing the excuses that a renter can come...
Download a pdf version here... “Construction costs increased 30% again this year. A fact that is both astounding and unbelievable to developers. While recent tariffs have put pressure on raw materials costs, a shortage in construction labor is the chief...
In a previous article, we discussed tenant eviction laws for North Carolina. If the tenant drags their feet and every step of the eviction must be followed all the way to the Sheriff forcibly evicting the tenant, the whole process can take...
Anatomy of a real estate rental investment in Raleigh NC. MoveZen purchases a large residential rental house in Downtown Raleigh NC. Join us from start to finish and see how it plays out in real-time. For this program we are...
There is a common misconception that if you want to get rich then you need to buy a house. Well, we are going to show you the evidence that this is a big fat lie! If you want to get...
Protect Your Home in a Flood If the home is in a flood prone area, there are some renovation ideas that can protect your home in a flood. Make sure all electrical systems including plugs and wiring are at least 1...
The clock is ticking. The deadline is nearing. The push is on... Here at Victory Property Management, Inc, we are working day and night to fill all vacant rentals before August 15th. I bet you never thought of August 15th...
In a previous blog article, we discussed the benefits of accepting renters that own pets. Today we are going to look into the matter a little deeper. What about renting to tenants that have service animals? If you, as the...
Did you see it on the news? On December 10, 2015 Fox2Now out of St. Louis ran a story entitled “Landlord claims tenants illegally turned three-bedroom apartment into 10 bedrooms.” It is the thing that makes up a landlord’s nightmare....
The long and short of it... Have you considered short-term rentals? This would include vacation rentals, families that have closed on their first house but not on the second, college students or temporary workers. Large corporations often prefer to rent...
There is a big difference in whether your investment property is rent ready or sell ready. These are two completely different scenarios, and if you want to earn as much profit off either one as possible, it is important to...
If you want to maximize your Net Operating Income, then you need to maximize your rent. But that also means that you must know where the rental ceiling is. In order to know how much rent you should charge, you...
If you want to get the best return on your investment, there are a couple of elements that must come together to make it work. First, you need a rental property that is in a good location that has a...
Landlords, do you have rental properties within a college town? Do you often have tenants looking for short-term leases? Is your property manager getting calls looking for furnished rentals? If so, should you offer furnished rentals? Let’s take a look...
Every landlord on the planet knows the benefits of requiring a tenant to pay a security deposit when they sign a lease agreement. Though that is common knowledge, there are a few facts about security deposits that many landlords know...
There is something about the human condition that makes us have an almost instinctive need to seek the opinions of others before making a decision - especially a financial one. It is one thing to ask a trusted friend for...
Renting to college students can be very profitable for landlords. There is a high demand for off-campus housing which drives up rents. What is more, you can often get more rental income than renting to typical non-student tenants. However, there...
When an investor decides to buy a rental property, there are usually scores of choices. But how do you know if you are choosing the most profitable property? The last thing that you want to do is to buy a...
Which is a Better Choice for Homeowners Insurance – “Actual Cash Value” or “Replacement Cost Value”?
The goal of any investor is to protect their financial interests and where real estate is concerned that means protecting your property. Your rental properties may very well be the most valuable asset that you own. Choosing the best homeowners...
You have purchased an investment property. This well-built structure is expected to outlive you. It will be a source of income after you retire. It needs to last. Then you get the dreaded call from your property manager… The tenants...
Renting to college students can be very profitable for landlords. There is a high demand for off-campus housing which drives up rents. What is more, you can often get more rental income than renting to typical non-student tenants. However, there...
If you are looking to move to Wilmington, then no doubt you are interested in learning about the neighborhoods, boroughs and suburbs. This information will help you choose just the right place for you and your family. This week in...
Cash flow is king or so the saying goes. When it comes to owning rental properties, a positive cash flow is absolutely essential. When an investor purchases an income producing property, there can be several motivations such as future appreciation,...
We are happy to announce a new series of articles. From time to time we will feature a neighborhood in our rental market area. It is hoped that this series will help residents – old ones and new move-ins –...
If you are looking to move to Raleigh, then no doubt you are interested in learning about the neighborhoods, boroughs, 19and suburbs. This information will help you choose just the right place for you and your family. This week in...
The more units that you can rent out, the greater your income. Landlords, if you want to earn more rent then maximize the space you own – convert the basement. This can be an option if you own a rental...
L eases are not just for tenants. It is a contractual agreement between you, the landlord, and the tenant. Just as the tenant has responsibilities, so does the landlord. Let us take a moment to review what a rental property...
During the Great Recession, investors scooped up cheap single family homes by the dozens and converted them into rental properties. Home values have appreciated significantly over the past couple of years leading many investors to cash out of these properties....
A home’s yard is the first impression when looking at a house. What is your yard saying about the property? Is it screaming high maintenance or no maintenance at all? Does it look overgrown and unattractive or well trimmed and...
The Trends No doubt most landlords have read the headlines regarding the record number of renters in the US these days. Well for our local markets, things are no different. As a result of this massive shift in habits, it...
You have spent months looking for the right investment property. You have perhaps spent hundreds of thousands of dollars on purchasing this choice piece of real estate. Now your goals are to have your investment creating an income stream and,...
Craigslist can be a great resource for finding a rental home, but unfortunately can be double-edged sword. Tenants should be cautious and aware that the site is littered with scam ads, drawings people in advertising notoriously low rental rates. A few of...
Reduce Vacancy Rates Would you like to increase your annual net operating income? Would you like to simplify your management? Would you like to stabilize your income stream? If you answered “Yes” to any or all of those questions, then...
You may recall last year that we highlighted the extreme financial pressure the average US renter is currently experiencing, and despite what was the hottest year we have ever witnessed, warned that it would likely be coming to an end...
So, you’ve made the move to rent out your property and trust a great property management company. Most likely, your property will sit vacant for a little while at least while we diligently search for the best tenant. You may...
The winter season is upon us and though North Carolina does not get as cold as some states, we can expect to have the furnace running at some time during the next few months. If you are a tenant who...
Most landlords would agree that they would prefer to have tenants that do not have pets. It is thought that accepting pets means that the landlord will have to foot the bill for more repairs when the tenant moves out....
Rental property inspections are a frequent request from homeowners hiring a property manager for the first time. This is very reasonable, but as with most aspects of rental management, there are more questions that need to be addressed than simply...
We are passionate about property management. We take it very seriously because we know that you have a lot at stake when you entrust the care of your investment property into the hands of a property manager. We strive to carefully balance...
In our previous article, we discussed some of the reasons why vacancies are longer and harder to fill during the winter season. This is especially true during the month of December. Try as you may, we may not be able...
We want to keep our tenants safe. We also want to keep the building you rent in the best possible condition. Since you are in the unit much more than we are, we depend on you to keep us appraised...
New Hanover County will be raking in money at the expense of cash strapped landlords when the new year rolls around, and there doesn’t seem to be much you can do about it this year. The old personal property tax "includes...
Often times when one looks to invest in an income property, the concern is whether or not the property will be attractive to the tenant. What we fail to discuss is whether the property will be kind to the landlord....
When we know what is going on in the national and statewide real estate market, we are better equipped to make lucrative investment decisions. It is our goal to help our landlords and investors to do just that. Our company...
Life happens and evidence of those happenings are all around us. There is that wine stain on the cream Berber carpet. There is your grandson’s crayon marks on the living room wall. Do not forget about your husband’s oil stain...
As the weather gets cooler, and indoors cozier, people typically opt to hunker down and hibernate. Optional moves are rarely on their to-do list during the hustle and bustle of the holiday season, and the overall general chill of winter....
Landlords are looking for dependable trustworthy tenants that will pay their rent on time and not trash the unit. Some property owners fear accepting Section 8 tenants. This article will take a look whether that fear is justified or whether...
We love our pets. We love the idea that our landlord lets us have our pets. We do not love, however, when our pets make a mess in the house. What is more, we know that if we cannot get...
Landlords, if you own rental properties in Chapel Hill, Charlotte, Durham, Greenville, Raleigh, Wilmington, or Winston-Salem then you have the opportunity to rent to college students. This can be a very lucrative source of rental income. There are some pros...
The past year in single family rental housing has been an interesting one to say the least. Things technically haven’t changed much, but it does seem as though the market is being shuffled around more than ever. Multi-family on the...
Listing a unit in your apartment complex or multi-family real estate investment is only the first step. If you want to locate apartment property management nc.pngthe best tenants and command the highest rent then you need to do more than...
This is the last article in our 1031 Exchange series. Previously we talked about reasons why you should use a 1031 Exchange tax shelter and how to use a 1031 Exchange. Today we are going to discuss some of the...
In our last article “Are You Using the 1031 Exchange Tax Shelter?” we discussed how utilizing a 1031 exchange can save you tens of thousands of dollars in unnecessary taxes. This will give you more money to invest into another...
In a previous article (you can find here...) we discussed how to use a budget to ensure consistent cash flow while steadily improving real estate value. Today we want to discuss some value added repair projects that will help you...
Landlords, perhaps you have heard of the 1031 Exchange. Today we are going to explain the benefits and how easy it is to save thousands by utilizing it. If you are planning on selling an investment property and you plan...
Landlords and investors, we would like to keep you updated on what the industry experts are saying about the real estate market. It is our hope and desire that this information, and the practical application, that we make of it...
There are few things that are more damaging to a home than water. Just take a look at the pictures of the aftermath of Hurricane Harvey and the damage it did to those homes in Texas. But hurricanes and storms...
This 2017 hurricane season has caught our attention like none other. On Friday, August 25, 2017 Hurricane Harvey made landfall in Texas as a Category 4 hurricane. Now only two weeks later a Category 5 hurricane is barreling towards Florida....
Owning an investment property is one step. Protecting your investment is another. One primary way you can protect your investment property is to make sure that you have the right kind of homeowners insurance. Not all policies are the same....
There comes a time when a real estate investor wants to transition from owning single family rentals to managing apartment buildings. The question that we need to address now is how to sell these rental houses for the most money...
Investors spend hours pouring over listings. They put forth great effort analyzing the profit and loss statements to make sure an investment property will create the desired return. Home inspectors are hired to look for unseen problems. Do investors, however,...
Perhaps you were like many investors who took advantage of the real estate housing crisis and bought up those dirt cheap single family foreclosures. If so, then you may be sitting on quite a few rental homes. Is it time...
If you have been a real estate investor for any length of time, you have no doubt heard about placing your real estate investments in a LLC (Limited Liability Corporation). Some swear that it is not necessary. Others claim that...
This is the third article in the “Earn More Rent” series. This week we will discuss how you can increase your monthly cash flow by converting the garage into a rental unit. As with all conversion projects, you will want...
Landlords, we here at Victory Property Management consider it our serious responsibility to protect your interests, your property, and our reputation. A relatively new website AirBnB has recently been in the news concerning issues that could affect landlords. While we...
This article is the last in our series on how to use real estate investment properties to fund your retirement. In a previous article, we discussed different types of retirement accounts that can be used to hold real estate. In...
It never fails, you get a day off to kick back and watch movies and your neighbor decides to use his power saw all day long. Or perhaps you have a toddler who needs to go to bed early and...
College classes will soon start. Landlords, do you rent to college students? If not, then you are missing a great source of income. If you are renting to college students, do you know how to market to them? Their situation...
In our last article we discussed how to set up a real estate portfolio that can support retirement. This week, we will focus our attention on how to place your rental properties into a self-directed retirement account. While simply owning...
House rules. You moved out to get away from those, right? Well, we promise to never set a curfew or require you to call your mom if you are running late. But there are a few things that we ask...
In our series of Investing Myth articles, we will be busting open some common buying and selling myths that affect real estate investors. Making an investment decision based on one of these common misconceptions could cost you thousands of dollars...
In our recent series of articles, we have discussed how to use our real estate investment model to measure risk in a real estate portfolio. Today we want to focus on how to set up a real estate portfolio that...
In our last article, we showed how we could use Morningstar’s investment model to measure the risk versus return on a real estate investment. Today, we will show you how our investment model can be used to balance your real...
Most stock market investors are familiar with Fama and French three-factor model used by Morningstar to explain the differences in the returns of diversified equity portfolios. It is a visual measurement of the balance between risk and return. We are...
If you're unfamiliar with VA loans, you should read this article that we posted last week first. here... Technically, VA loans cannot be used to buy a rental or investment property. It is designed for buying the property owner’s primary...
Honestly, it's a personal decision. Not every landlord (or property manager) is the same, It must be up to you to determine if hiring a property manager is a worth investment. The basic reasons to hire a property manager can...
Successful landlords are always looking for ways to increase their profit margin. Are you maximizing the income potential from your property? Are you charging late fees? We are going to look at this from two important angles: the amount of...
Living in the suburbs is so out of fashion. If you want to be in hub of things, then you need to find an awesome place to rent in downtown Raleigh, North Carolina. Renting downtown has so many perks and...
Many landlords do not allow tenants to have pets in their rentals. That is their right since it is their building. But what if you own a service or support animal? Are they allowed? Is there a difference between...
If all of your tenants always pay their rent in full and on time, then count yourself lucky – for now – because it’s not going to last. Every single landlord will deal with rent issues. So what are your...
Read any investor guru book and they will encourage you to buy with seller financing. While low down payments are very attractive, there are quite a few factors that are often over looked when it comes to owner financing. Here...
As a parent, no doubt you are concerned with your children’s future. One way you can help them prepare for the future is by making sure they have the best education possible. Knowing what are the best public schools in...
Retired military service men have performed a valuable service to their country and the nation as a whole is grateful for their service. Veterans, did you know that some of your military benefits can be used to invest in rental...
Victory Real Estate, Inc. is excited to now close the gap between real estate agents and property managers, making both jobs a little easier, with more support for one another. We realize that most real estate agents consider three major issues...
If you are looking to move to Raleigh, then no doubt you are interested in learning about the neighborhoods, boroughs and suburbs. This information will help you choose just the right place for you and your family. This week in...
Say goodbye to the City of Raleigh Rental Dwelling Registration program! The program has been dissolved by Silly Photos-1.jpgSenate Bill 326, eliminating municipalities’ ability to operate a rental dwelling registration program. The fee formerly was $45, so everyone in Raleigh...
If you are looking to move to Raleigh, then no doubt you are interested in learning about the neighborhoods, boroughs and suburbs. This information will help you choose just the right place for you and your family. This week in...
Are you saving for retirement? Are you looking for tax shelters for your money? Are you working to create lasting wealth? All of these require investment of some sort. What makes cash flow real estate such a safe investment? Let...
Here at Victory Real Estate, we pride ourselves on our unequaled customer service – both to our property owners and our treasured tenants. Without happy, content and satisfied tenants, we will have a higher property turn-over which costs our property...
Rental properties need maintenance. Apartments can quickly get run down. This will attract less tenants and affect your ability to collect top dollar market rent. The problem is that repairs, maintenance and upgrades can get expensive fast. How can you...
New Hanover County residential property owners can expect their property revaluations very soon! Over the past two-and-a-half years, over 104,000 parcels of land were revaluated to reflect the properties fairly so that taxes are more accurate. Detailed uniform appraisal processes allowed...
In a previous posts, we discussed how measuring the cash on cash returns are a better way to measure the profitability of an investment than using the Capitalization Rate alone. Today we are going to discuss how using bank financing...
Property management companies can be a great way to enjoy the financial benefits of owning income producing property without having the strain of day-to-day management. Knowing that you have a professional that has your back 24-hours a day can really...
During the recent real estate crisis, many investors purchased foreclosure properties that were in less than desirable condition and turned them into rental properties. A frequent question is how to increase rent through renovation. A rental property that is in good...
Ask any first time home buyer how they can afford to buy a house without having the normal 20% down and they will grin from ear to ear and say it was a FHA loan. FHA loans are available with...
If you own a rental property, then at some time in the future, you are going to have to evict a tenant. It is never a pleasant process, but it cannot always be avoided. There is one thing that can...
What makes a property management company stand out above the crowd? How can a real estate management business generate excellent referrals? Is there a secret technique that creates long tenancies with great renters? What are the secrets to a property...
Last week we addressed how to deal with problem tenants. (Read part 1 here...) We discussed the first two top complaints landlords make about their tenants, namely, that they are always late with the rent and that problem tenants disturb...
It is a new landlord’s worst nightmare – the tenant from hell. You thought your screening process would have pinpointed problem tenants, but here they are calling you every minute or worse yet the neighbors are calling every minute. It...
Regular maintenance will help keep your rental units in tip-top shape. Not only will you be able to charge top dollar for your apartment or rental house, but your tenants will be more likely to stay when they see that...
Just as simple home improvements can increase the value of a home and hasten a sale, so can making the same improvements on a rental. There are several simple, low-cost improvements that can dramatically increase the appeal of an apartment...
Interest Rates & their Effect on Rentals Changes in the Rental Industry Interest Rates & their Effect on Rentals These days the sales market is the largest issue affecting rentals. Since the housing recovery began we have discussed several times...
You just bought a property in Raleigh, NC. You've heard great things about the area and are really excited about the idea of your first "income property." It will be great. You'll put a sign in your yard, find some...
NC Landlord's Risk...Reduced? Along with decision making, inevitably comes risk and uncertainty. In deciding whether to rent out your property or not, you have to decide whether you are willing to take a few chances. Will your house be damaged...
The past year in single family rental housing has been an interesting one to say the least. Things technically haven’t changed much, but it does seem as though the market is being shuffled around more than ever. Multi-family on the...