Property Management Services in Merrifield VA

Nesbitt Realty manages rental property in Merrifield, VA. If you're a real estate investor in the area, you should get to know us better. We are a family brokerage that is eager to serve your needs. We can market your rental property and we will find the best possible tenant as quickly as possible. Feel free to call us at (703)765-0300 for more information.

Do you need information about property management in Merrifield?

While an invester will enjoy several advantages from hiring a property management company, there is also a cost associated with hiring a rental property manager. In addition to the fees of rental management, there are other reasons why property management might not be for every landlord. Think about the following factors to decide whether employing a rental property manager would be the best choice for your property. Ask yourself these questions:

• Do you reside and work close to your rental property? Northern Virginia and to a certain extent Merrifield is a very transient community. Northern Virginia has quite a few military, diplomats, State Department, political appointees and academia.  If you're getting transferred across the country or around the world, it might be a good idea to let a professional manage your rental. Even simple tasks can get complicated very quickly when you aren't around to manage the details.
• Do you want to handle the details of rental property management? Some landlords enjoy the chore of identifying trustworthy tenants. Some landlords think that managing maintence and managing handymen is pleasurable. Accordingly, they enjoy fielding calls at strange hours. But, if you don't want another job, you may not want the work of managing your own property. If, you want little or nothing to do with the routine management of your properties, you should probably consider employing a property management company to handle your rental property.
• Do you like argue with your tenants? If you have renters, eventually you will have to deal with disagreements. Even if you find hands-on management rewarding of the property, you may not find wrestling your tenants is satisfying. More importantly, if you're not a professional property manager, you can get in a mess in a hurry if you don't understand the law. If you've already got your hands full, the last thing you need is extra worries. Accordingly, hiring a rental property manager may be a way (and tax deductible) expense.
• Can you afford the cost? Let's face it. employing a rental property manager is much more attractive choice if you're not in a cash crunch.  If monthly cash-flow is not a problem, you'll likely save money by employing a property manager and writing off the expense.  But if at the end of every month cash is tight, you might not want to pay a property management company.
• Can you afford the risk? Do you understand the Virginia Residential Landlord Tenant Act? Do you understand the tenant's rights? Do you know your responsibilities?  The more you understand rental property management in today's litigious society the more you'll understand the benefit of having an experience manager in your corner.
• Do you have access to a network of maintenance people? Each rental property must have maintenance. If your tenant contacts for repairs will you know who to phone and what to do in a timely fashion? Do you know which repairs are the property owner's responsibility and which repairs are a tenant expense. If not, you should move toward hiring a rental property manager.

Learn more about our rental management services in Merrifield and around Northern VA