5 Qualities to Look for in Manassas Property Management Companies

It can be difficult to handle the business of rental property management in Manassas, VA on your own – especially if you don’t currently reside in the area, or if you are not familiar with Virginia tenant/landlord laws. Additionally, dealing with hassles like tenant complaints and overdue rent payments may be more than you have the time or energy to take on. When you are ready to turn over these responsibilities to professionals you can trust, look for a Manassas property management team that excels in these top five areas.

1. The company manages all interaction with tenants.

They do everything from marketing efforts designed to attract the best prospective tenants, to providing property tours and answering questions about the property. Property managers should be responsible for conducting criminal background and credit checks to ensure that your tenants are responsible and trustworthy. If any problems do arise, the company should be prepared to deal with tenant grievances, enforce the terms of lease agreements and even deal with legal issues and evictions if necessary.

2. Finances are handled efficiently and transparently.

All the bookkeeping and accounting procedures should be taken care of for you. You can count on your property management team to collect rent payments and deliver them to you on time, as well as provide monthly account statements and tax-filing records. Additionally, you want to be sure that the company clearly states whether their cost to you is a comprehensive charge, or if there might be any additional fees for extra services not included.

3. Customer service is readily available and helpful.

The best option for a property management company in Manassas, VA is one that you can trust to always answer your calls and respond to your emails promptly. You should expect that your property management team will address any problems or concerns that you may have and resolve them quickly.

4. Maintenance is handled reliably and consistently.

The property management company should perform routine inspections, assess property damage, coordinate repair work and provide an on-call service in case of maintenance emergencies. Any necessary work or repairs should be handled on a timely schedule, by professional contractors or service people that charge a reasonable fee. Quality maintenance services and well-maintained properties keep tenants satisfied and decrease tenant turnover.

5. The company should have experience and be respected in their field.

Ask how long they have been in business, and whether they belong to or are endorsed by any professional organizations such as the NARPM (National Association of Residential Property Managers) or the Virginia Association of Realtors like the property manager you can find here https://www.managementpros.com/manassas-property-management/. You can always request recommendations or testimonials from their existing clients, and ask for a list of properties in the area they are currently managing.

Choosing to hire a full-service property management company can eliminate the stress that often comes with owning investment properties. Keep these qualities in mind when researching your options, and you will be sure to find the right team to handle your business properly and dependably.

4 replies
  1. Kyle Edmundson
    Kyle Edmundson says:

    If I had a dollar for every time someone complained about losing money on investment properties, I’d be able to buy my own investment property. Seriously though, the reason people lose money on their investment properties is because they have poor management skills. There is more to owning an investment property than cashing a check every month, but people buy a home (or building), fly a “For Rent” sign and think they’re set. The qualities listed here are all essential to any successful investment property.

  2. Ashley Rothman
    Ashley Rothman says:

    Thanks for sharing this list of qualities to look for when it comes to property management companies. It’s hard to look at this list and pick any of the five as the most important, because you need to have all five in your management plan or you’re going to have unnecessary headaches and added expenses.

  3. Karl Watkins
    Karl Watkins says:

    One of the biggest problems for tenants is when they experience some sort of maintenance issue such as a backed up toilet, a faulty heater, etc. The next thing you know, you have a tenant saying they want money taken off their rent while the problem remains unresolved. Depending on which state they live in, they may be able to withhold rent too. When you have a property management service, you have a reliable maintenance team available so you (the landlord) don’t have to make time to fix it (if you know how) or scramble to pay someone to do so.

  4. Chris Mulligan
    Chris Mulligan says:

    Rental properties/investment properties present challenges and opportunities. Like any investment, it is wise to plan before you throw money into something. In my opinion, unless you are retired, you don’t want to take on an investment property without a management service because it is going to take up your time and eat into your personal life. While there is an expense with property management company, it’s worth the extra time and peace of mind that comes with knowing someone experienced and reliable is handling things for you.

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