Converting your home into a rental property can provide you and your family with many different financial benefits – namely, increased monthly income. If you're ready to rent out your Northern Virginia home, Real Property management can help. Our staff has years of experience managing properties in Northern Virginia and is passionate about helping customers manage their rental properties.
Local NORTHERN VIRGINIA Property Management Experts
Our local staff is knowledgeable and ready to help you with the day-to-day basics of property management as well as more in-depth services. These offerings include:
- Monthly rent collection and communication with tenants
- Professional marketing services
- Home inspections
- Accounting statements and monthly reports
Leasing and Management Services
Once you've decided to rent out your home, the next step is finding a reliable tenant. To appeal to as many potential renters as possible, our staff uses high-quality photographs paired with compelling descriptions of your property. Our team utilizes credit scores, background checks, and prior rental histories to ensure applicants are a good fit. We'll also handle the leasing contracts, so your interests are represented.
General Property Management and Maintenance Services
After finding a quality tenant, the routine property management duties begin, including tasks like monthly rent collection, assessment of late fees, maintenance, repairs, and accounting responsibilities. Property management can be a lot to juggle if you're doing it on your own.
More often than not, an emergency maintenance crisis will arise at some point, which means you're going to be the one responsible for answering that 2 a.m. phone call. Our experienced staff is available on-call 24/7 to field any emergencies that may occur so that you can sleep worry-free. Additionally, our team will take care of any and all bookkeeping duties, including rent collection, and income and expense reports for tax purposes.
A good property management company will relieve the stress of renting out your home, leaving you time to focus on more important things. However, it's important to find a property manager who is qualified and knowledgeable enough to assist with all your needs while also keeping your best interests in mind. Here are some examples of important questions to ask when looking for a property manager.
Who can I contact with my questions and how quickly will you be able to respond?
It's always wise to ask what resources and staff a company has available to gauge the level of service you're likely to receive. It's also a good idea to ask about the time frame the business typically operates around. This way, you'll be able to know if your communication expectations will be met.
How long have you been in this industry? How many residential properties do you manage?
Experience is one of the greatest indicators of the ability and capability of a company to successfully manage and oversee your property. If a property management company has been doing this for a long time, it's likely that they're a reliable and knowledgeable source for your property management questions.
Are there other fees in addition to the management fee?
It's common for many companies to offer a lower upfront cost while secretly hiding additional fees from you. They might only offer basic services while charging a considerable amount for anything else, like leasing or marketing. It's good to know what services are included in your initial agreement, so you don't get bogged down paying additional charges, which can add up quickly.
Real Property Management has decades of experience, manages thousands of properties, and has knowledgeable, conscientious team members who are always eager to do the right thing by their property owners and make sure they receive the highest value for their investment.
Contact us to discuss your needs.