Every real estate investor in and around Northern Virginia and DMV is different, and so is every set of investment goals. Properties are all different and have various unique needs, too. When it comes to help with real estate, investing, and property management, one size does not fit all.
That’s why investors should work with a one-stop-shop.
Whether you find yourself buying your first rental property or growing an already strong portfolio of Arlington real estate, you need all of the resources, tools, and expertise under one roof.
At Comfort Property Management, our owners and investors find that. We provide a unique one-stop shop for property owners, landlords, and investors at every level of their real estate journey.
Our talented team understands the acquisition process, the leasing and management process, and the sales process. We understand and manage tenant relationships and all of the local, state, and federal laws that come with managing a property. We can make referrals to brokers and lenders and insurance agents.
We provide everything you need in one location. There’s no running from office to office and company to company. We’re a holistic and comprehensive property management solution for all your real estate investments and their specific needs.
Here’s why that matters.
Working with Your Arlington Property Management Professional to Identify Investment Opportunities
Traditionally, most people in the market for a home will work with a real estate agent when they’re buying property. This makes sense, especially if you’re buying the home you plan to live in yourself. A good real estate agent can show you properties, align your budget and your goals with the inventory, and help you negotiate the best possible deal when you’re ready to buy.
When you’re buying an investment property, however, you’ll want a different set of skills and even more experience. You’ll want real estate expertise that’s supported by property management expertise. A property manager brings a different, but equally valuable, set of skills and services to you when you’re investing. Your Arlington property manager can tell you:
- How much rent a potential investment property might earn.
- How long it would take to rent a specific home.
- What types of tenants you might attract with a single-family home or a multi-family unit.
- What types of repairs and upgrades will be needed before the property is ready for the rental market.
- How much maintenance you can expect to need with a specific property and what you’d have to budget.
Only someone who leases and manages homes in and around Arlington and the greater Northern Virginia area knows what you can expect once the deal is closed and you’re looking for a way to turn that investment into an income-producing rental property. We are the team that can handle all of this and more.
This is a constantly changing market. When you’re selecting an investment property, you need to partner with someone who can provide a wealth of information, not only about the sales market, but also about the rental market. It will help with negotiations and lead you towards better decisions.
Leasing, Managing, and Maintaining Your Arlington Rental Property
Once you have the property or the properties that you’ve decided to buy, you’ll need an expert who knows the local market and can help you price the property, prepare it for rent-ready condition, market the home, place great residents, and protect its condition.
You’ll need a strong lease agreement and you’ll need to make sure it’s legally compliant and legally enforceable in Virginia.
When you’re working with a full-service, comprehensive property management partner, you know that you’re supported by a team of professionals who have been doing all of this for years. We will ensure you have a successful and profitable investment experience by managing your property throughout its lifecycle.
Let your property management team take care of:
- Screening tenants rigorously and consistently, in accordance with all fair housing laws.
- Collecting rent and enforcing the lease agreement.
- Following fair housing, security deposit, eviction, and habitability laws.
- Tracking all of the accounting.
- Managing the lease renewal process.
With a one-stop shop, you can expect your property manager to facilitate and develop positive tenant relationships, which lead to higher retention numbers. You’ll have peace of mind knowing the condition of your property will be protected through routine inspections and preventative maintenance.
Full-Service Management Means More Money
By consolidating all of your real estate, investment, and property management needs into one professional provider, you’re also likely to earn more money.
Owners who use a full-service management company that can also handle buying and selling assets understand that this model saves money and drives up profits. There’s less room for error because everything is happening within one company and under one roof.
This saves owners money by reducing vacancy, expediting repairs, limiting tenant turnover, and avoiding expensive mistakes. If you’re working with a team who leverages technology and keeps the most mundane tasks automated so their professionals can focus on relationships and opportunities, you’re really going to notice a difference in how your portfolio performs.
You earn more when you partner with a qualified, experienced team that can help with everything from identifying investment opportunities or ways to increase rental values to negotiating closing costs to preparing a property for the rental market.
Work with a team that really knows your property and your investment goals. It will lead to a better experience for your tenants and a more profitable experience for you.
This is the way we work. We believe in relationships, communication, and transparency, and our owners appreciate the way we take care of all their needs right here within our business so that they don’t have to outsource much else.
If you have any questions about professional property management services and how they can benefit you, please don’t hesitate to contact us at Comfort Property Management. We lease, manage, and maintain investment properties throughout Northern Virginia, in Arlington, Alexandria, Fairfax, Falls Church, McLean, Ashburn, Sterling, Springfield, Reston, Chantilly, Manassas, Centreville, and Herndon.