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Victory Property Management: Imagine, Property Management So Passionate, You'll Swear it's Our Home...

Victory is Proud to Announce Discounted Services for Military, First Responders & School Teachers

Posted by Laurie Montgomery on Feb 20, 2017 3:21:55 PM

     So many women and men give of themselves every day in their selected industries. At Victory, we recognize the talent and sacrifice it requires to teach a child not just the basics of education, but instill a lasting lifetime impression on them. We know how hard it is to be away from family and to put country before self in the armed forces, constantly protecting our great nation. We are grateful for police officers and firefighters who courageously keep us safe every day, as well as those who are first to the scene to offer critical assistance.

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Topics: Insider, Landlords, Property Management, Raleigh Metro Area, Wilmington Metro Area, Featured, Tenants

Reduce Vacancy & Get Higher Rents by Timing Your Leases the Right Way

Posted by Amanda Foth on Feb 17, 2017 8:13:00 AM

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 these slow times can take longer to rent out. They are also more likely to be discounted to encourage a rapid rental.

Seasonally Slow Rental Times                                         

Here are the times in North Carolina when it is a bit more difficult to rent out a vacant unit:

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Topics: Insider, FAQ, Featured

10 Ninja Marketing Techniques to Find the Best Tenants for Your Apartment Building

Posted by Amanda Foth on Feb 10, 2017 9:13:41 AM

Listing a unit in your apartment complex or multi-family real estate investment is only the first step. If you want to locate the best tenants and command the highest rent then you need to do more than just list it and have your agent plop it on their website. There are 10 specific things they need to do to market your apartment complex and find the best tenants.

Ninja Marketing Technique #1: Offer Value Add-Ons

Tenants have lots of rental choices so you need to have your property stand out above the crowd. Can you offer a service or an amenity that will make your apartment a superior choice? Here are some top requests of tenants:

  • Free High-Speed Internet
  • Covered Parking
  • In-Unit Washers and Dryers
  • Free trash pick-up
  • BBQ or picnic area
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Topics: Insider, Landlords, Company & Customers, Property Management, FAQ, Featured, Guest Contributions

The Landlord / Contractor Relationship is Critically Important. Here's how to Cultivate it...

Posted by Laurie Montgomery on Feb 3, 2017 8:48:23 AM
     Finding the right contractor is kind of like finding your soul mate. You want your contractor to be great with tenants, excellent at the job, savvy with all projects, insured, punctual, and have a strong administrative department that handles the scheduling etc for you.  The contractor who checks all of these boxes most likely doesn’t check a different one: cheap. Rates would be sky high, and with good reason.
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Topics: Insider, Landlords, Property Management, FAQ, Featured

Landlords it's Tax Time Again.  Top 5 Tips to Save the Most on Your Investment Property

Posted by Laurie Montgomery on Jan 31, 2017 12:31:02 PM

Introduction

It is nearly tax time again. Owning a profitable investment property is great unless it is April 15th and Uncle Sam has his hand out for his share of the profits. If you want to keep more of your hard earned cash, then pay particular attention to this following couple of pages. We are going to share some tips on how to maximize your investment property deductions and we will share a secret on how to use your second home as a rental tax-free.

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Topics: Insider, Landlords, Company & Customers, Property Management, FAQ, Featured, NC Market & Local News

Raleigh Landlords Earn a Reprieve From City Fees

Posted by Laurie Montgomery on Jan 4, 2017 11:28:55 AM

        Say goodbye to the City of Raleigh Rental Dwelling Registration 
program! The program has been dissolved by Senate Bill 326, eliminating municipalities’ ability to operate a rental dwelling registration program. The fee formerly was $45, so everyone in Raleigh city limits who owned and rented a property now gets to keep that money in their pocket going forward. Make a note to yourself to cancel any automatic payments because renewal notices will not be sent out any longer. This bill is in effect by the North Carolina General Assembly as of January 1, 2017.  If you paid late in 2016 it's possible you could get a refund but we wouldn't hold our breath...

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Topics: Insider, Landlords, Raleigh Metro Area, Featured

Landlords Struggling with Winter Vacancy? Great Tips to Make the Most of It

Posted by Laurie Montgomery on Dec 14, 2016 12:35:03 PM


      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. Factor in potential winter storms which tend to shut down cities in the south, and moving is often not an option at all. In 2014 for example (snowmageddon as the media dubbed it) most of January and a good bit of February were almost completely shut down.

Mid to late December through March are

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Topics: Insider, Landlords, Company & Customers, Property Management, FAQ, NC Market & Local News

New Hanover County Landlords Receiving Massively Inflated Tax Bills, & How to Fight It

Posted by Laurie Montgomery on Dec 13, 2016 10:15:54 AM

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 motor vehicles, boats, campers, trailers, singlewide mobile homes with wheels & axle attached, doublewide trailers with wheels and axle attached, household furnishing or appliances for someone who rented or leased a residence or apartment from you, permanent tagged trailers and airplanes.” (http://tax.nhcgov.com/services/personal-property/) is being used in an aggressive, to our knowledge, never before seen way in NC.  Our guess is that this wording was recently added to their site to lend credibility to the power grab… “household furnishing or appliances for someone who rented or leased a residence or apartment from you”

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Topics: Insider, Landlords, Company & Customers, Property Management, Wilmington Metro Area, FAQ

Apartment Upgrades Tenants Can Make in the Bathroom

Posted by Amanda Foth on Jul 27, 2016 8:40:13 AM

While some tenants may be satisfied to live in whatever, wherever; there are some tenants who are willing to make some cosmetic changes to their rental so that it feels more like their personal home. In a previous article here..., we talked about some changes that tenants could make to the kitchen without upsetting the landlord or violating their lease. This week we will discuss some apartment upgrades tenants can make in the bathroom.

Change the Color

Why is it that so many landlords like to paint everything beige? That color is so 1980’s. If you want to personalize the space that we frequent so often, consider simply changing the color. Better Homes and Gardens has some great ideas about how to bring your

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Topics: Insider, Company & Customers, Property Management, FAQ, Featured, Tenants

Apartment Upgrades Tenants Can Make in the Kitchen

Posted by Amanda Foth on Jul 25, 2016 8:30:00 AM

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. But there are some changes you can make that can completely change the look and feel of your apartment without freaking out your landlord.

Here are some ideas we would like to share. We are going to write a series of articles and our first one will address changes you can make in the kitchen. While some of these will require approval from your landlord, others are pretty harmless or are easily returned to their original condition when you decide to move out – which we hope you love the place and stay.

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Topics: Insider, Company & Customers, Property Management, FAQ, Featured, Tenants

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Maximize (ROI) Return on Investment

What are we about?  The best possible return on investment for our customers is our #1 priority  Whether it's the time and effort our tenants invest in choosing us as their rental manager, or helping owners make the absolute most of their rental properties – Victory Realty revolves around a culture of passion for our brand. We are aggressive, energetic, and flexible in this changing landscape. We have the best tenant quality in the business hands down, and still rent our homes significantly faster than the market average.  

Tenant quality is the single most important factor for a happy landlord.  
How we find the best tenants

  • Excellent, thoughtful property presentations
  • Powerful but flexible & responsive marketing
  • Disciplined background checks

How we keep the best tenants

  • Follow the Golden Rule policy of treating others as you would want to be treated
  • Making reasonable repairs as fast and conveniently as possible
  • Responding to market trends and needs

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