Get 3 months free property management when you sign your rental property up with us!!
Our Property Management Fees For your Rental Property
Our Management fee
Our monthly property management management fee is 7%. We understand that your rental property is usually your largest financial asset, so cash-flow is important. For this reason we offer one of the most competitive pricing structures in the industry for owners with houses for rent.
FREE Market Analysis
One of the first property management steps in preparing your home to rent is establishing a rental price. We offer a free comparative rental analysis which pairs your rental property features with recent rentals in the area to establish a suggested list price. This ensures your property will be priced competitively compared to other houses for rent.
Our Leasing Fee
We have custom tailored options for our clients if they wish for us to identify a tenant, or if they wish to identify a tenant themselves. Ask us to elaborate when you call!
Reach An Owner Today: (703) 382-6690
Pre-leasing
The first step to beginning property management is to get your rental property leased if it is not already. We have many helpful resources we can provide you that will help assist you as we prepare to list your property for rent. These include:
- Comparative rental analysis: this details what price other houses for rent in the neighborhood have rented for and an estimate of what yours should rent for
- Cleaning and staging checklist
- Walk-through with owners to determine any updates needed, and coordinate of these updates with our contractors
- Utility transfer forms
We also work with trusted contractors and coordinate any items your property may need done prior to listing such as painting, cleaning, repairs, landscaping, etc.
Leasing
Once your rental property is ready to list for rent (this is typically 30-60 days prior to the date it will be vacant), we will:
- Take professional pictures
- List Property in the MRIS
- Install a lockbox for ease of showings
- Provide weekly showing feedback reports
- Check in with you weekly to ensure your rental property rents within the designated target time frame
- Monitor market activity of houses for rent in the area to ensure any new listings in your property's neighborhood are accounted for as we market your rental property
Tenant Application Screening
Rest assured that we will fully screen any applicants. Our screening includes:
- Criminal background check
- Credit check
- Rental check
- Pet reference check where applicable
- Verification of photo ID's, income documentation and bank statements to ensure application information is true and correct
Lease Execution
Once a set of tenants is approved, we will digitally send the lease to all parties to review and sign. A copy of our standard lease can be found under the "documents" section of our website. Our lease includes a comprehensive tenant handbook which covers provisions for everything from showing the property during the end of a lease to missed appointments with contractors and other frequently encountered issues.
Move In
Our property management includes a designated property inspector who visits your rental property the day prior to the lease start date. He compiles a multi-paged move-in report including the following:
- Pictures of all rooms of the property, even including closet interiors, HVAC filters, etc.
- Noting any property deficiencies
- Noting appliance manuals, parking passes, and any special information that conveys/remains with the property during the tenant's lease term
The purpose of the move-in inspection is to detail the condition of your property prior to the tenants taking occupancy so that we can ensure the property is left in the same condition when the tenants move out, and any changes/damages can be deducted from the tenant's security deposit upon move out.