Nesbitt Realty manages investment property in Stephens City, VA. If you're a landlord in the area, you may want to get to know us better. We are a small brokerage that is happy to serve your needs. We can list your rental property and we will find the best possible renter as quickly as possible.
Feel free to call us at (703)765-0300 for more information.
Enjoy peace of mind by hiring a property manager servicing Stephens City
Although there are many benefits from employing a property manager, there is also a cost associated with employing a rental property manager. In addition to the cost of rental property management, there are other reasons why rental management might not be for you. Consider the following questions to determine if hiring a property management company would be the right option for your investment.
Factors to consider:
Will you live and work close to your rental property? Northern Virginia and to a certain extent Stephens City is a very transient community. Northern Virginia has more than our share of 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 management? Some landlords relish the challenge of identifying good tenants. Some landlords find that maintaining a property and managing details is fun. Accordingly, they enjoy taking early morning calls. Nevertheless, if you don't need another job, you might not want the work of managing your own property. If, you want little or nothing to do with the routine tasks, you are smart to consider hiring a rental property manager to handle your property.
Do you want to wrestle your tenants? If you have renters, sooner or later you will have to deal with issues. Even if you find hands-on management rewarding of the property, you may not find fight with your tenants is fun. In addition, if you're not a trained property management company, you can get in deep trouble quickly if you don't understand tenant's right. If you've already got your hands full, then the last thing you need is more to worry about. Therefore, hiring a rental property manager may be a smart (and tax deductible) expense.
Can you afford the cost? Let's face it. employing a property manager is much more attractive option if if your cash flow is positive. If monthly cash-flow is not an issue, you'll likely save money by hiring 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 understand your responsibilities? The more you understand rental property management in today's litigious culture the more you'll know the benefit of paying a professional in your corner.
Do you have a list of maintenance people? Every property must have upkeep. If your tenant emails in need of property upkeep will you know who to phone and what to do in a prompt manner? Do you know which repairs are the property owner's expense and which repairs are a tenant responsibility. If not, you should consider employing a property manager.
Nesbitt Realty's Guide to Real Estate is a handy resource for anyone who needs to review important real estate information about Stephens City and surrounding communities. The Guide to Real Estate includes data regarding what has sold and what is currently listed, as well as some surprising facts that you may not know. Also, our Guide spotlights some elements of residing in Stephens City. As a matter of course, all of this is helpful for purchasers and sellers, but landlords and renters will probably also find this data to be somewhat sobering.
