Nesbitt Realty manages rentals in Manassas, VA. If you're a real estate investor in the area, you may want to get to know us better. We are a tiny operation that is well-qualified 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.
Experience no worries by employing a competent rental property manager serving Manassas and the surrounding area.
While you will find several advantages from employing a property manager, there is also a cost associated with hiring a rental property manager. In addition to the costs of rental management, there are other reasons why property management might not be for every landlord. Consider the following questions to figure out whether employing a property management company would be the right decision for your investment.
Factors to consider:
Will you live and work close to your rental property? Northern Virginia and to a certain extent Manassas is a very transient region. 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 property management? Some landlords relish the challenge of identifying reliable tenants. Some property owners believe that managing maintence and managing workers is fun. So, they have fun taking calls at strange hours. Nevertheless, if you don't want another job, you may not want the work of managing your own rental property. If, you don't need the work from the routine tasks, you are smart to consider employing a rental property manager to manage your rental property.
Do you want to wrestle your tenants? If you have tenants, sooner or later you will have to deal with disagreements. Even if you find hands-on management rewarding of the property, you may not find wrestling your renters is fun. In addition, if you're not a trained rental property manager, you can get into trouble quickly if you don't understand landlord-tenant law. If you've already got a full-plate, the last thing you want is more to worry about. Therefore, employing a property management company may be a smart (and tax deductible) expense.
Can you afford the cost? Let's face it. hiring a rental property manager is much more attractive option if you're not in a cash crunch. If monthly cash-flow is not a problem, you'll probably 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 employ a property manager.
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 duties? The more you understand property management in today's litigious culture the more you'll know the value of employing an experience manager in your corner.
Do you have a list of maintenance people? Each rental property needs maintenance. When your tenant talk tos for maintenance 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 renter responsibility. If not, you might want to consider employing a rental property manager.
Do you need know more about the local real estate market?
Our Guide to Real Estate is a helpful tool for everyone who hopes to find out more about Manassas and nearby communities. The Guide to Real Estate has data regarding what has sold and what is on the market, as well as a couple of shocking facts that you may not know. And, our Guide highlights some aspects of living in Manassas. Certainly, most of this is interesting for buyers and sellers, but real estate investors and tenants should also find this data to be quite useful.
