Guide to Arlandria Real Estate

Experience peace of mind by employing a competent property manager serving Arlandria and the surrounding area.

• Will you live and work near your investment? Northern Virginia and to a certain extent Arlandria is a very transient region. Northern Virginia has a lot 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 chore of finding trustworthy tenants. Some real estate investors think that keeping up with maintenance and managing little tasks is rewarding. Accordingly, they have fun fielding calls at strange hours. Conversely, if you don't want more work, you might not want the chores of managing your own property. When, you want little or nothing to do with the routine chores, you are smart to think about employing a property manager to handle your property.
• Do you want to fight with your renters? If you have renters, with out a doubt you will have to deal with problems. Even if you find hands-on management rewarding of the property, you may not find managing your renters is a joy. More importantly, if you're not a trained rental property manager, you can get into trouble in a hurry if you don't know local regulations. If you've already got a full-plate, the last thing you need is more to worry about. Hence, employing a property management company might be a smart (and tax deductible) expense.
• Can you afford the cost? Let's face it. hiring a property management company is much more attractive choice if if your cash flow is positive.  If monthly cash-flow is not an issue, you'll likely save money by paying a property management company 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 know the tenant's rights? Do you understand your responsibilities?  The more you know about rental management in today's litigious society the more you'll understand the value of hiring an expert in your corner.
• Do you have maintenance people? Every rental property requires repairs. When your renter emails for repairs will you know who to hire and what to do in a timely fashion? Do you know which repairs are the real estate investor's expense and which repairs are a tenant expense. If not, you should think about hiring a property manager.