Here is your perfect guide for a property management firm in Northern Virginia. These ideas will give you everything you need to be a responsible
1. Find responsible tenants
Do all you can to screen tenants beforehand and make sure they’re a good fit. Ask them questions, see if they have pets, and run a background check. Make sure they have income that is more than three times the amount you are looking to lease the property for. Have a prescreening questionnaire for any prospective tenants to fill out. Print out your contracts and make sure they know what day rent is due. When it’s time to pay the rent, be sure to collect it. Ask what their preferred method of payment is and see if you can work around that to guarantee the bills are paid on time.
2. Show the property
Show the property in good light. Make sure that it is clean, and maybe add a few personal touches like framed photos or artwork. See if there is any maintenance that needs to be done. Have the house set up so the tenant can see them living there. Encourage questions and be sure to smile. Be confident and reassure them.
3. Be diligent
Be sure to check in with them once in a while and see how the property is doing. When it comes to maintenance issues, fix what you can and feel free to call for help. Make sure the rules are being followed such as pets. Do a detailed move in inspection and go over the points with the tenants. Let the owner know any updates along the way and keep them actively involved in the process. Everyone is depending on you so show good leadership skills. If you lead properly it will prevent any issues in the future and give people more confidence in what you’re doing.
Keep good records. Use technology to your advantage. List properties with photos online on databases and to keep tabs on how the property is doing. The owner will appreciate seeing the condition of the home. When a tenant moves out, give yourself 2 months beforehand to find a suitable replacement. It’s important to keep income coming in, so when the lease is about to run out discuss it with the current tenants. Explain you’ll be showing the house and any procedures they’ll need to be following. Good communication and organization skills will take you a long way in managing. This perfect guide for property management firm in Northern Virgina touched on all of the important points in being successful.