Nesbitt Realty manages rental properties in Alexandria, VA. If you're a landlord in the area, you may want to get to know us better. We are a tiny real estate company 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.
We manage properties in these communities of Alexandria.
Do you want to talk to a property manager in Alexandria?
Although there are significant advantages from hiring a property manager, there is also an associated expense with employing a property manager. In addition to the costs of property management, there are other reasons why rental management may not be for you. Weigh the following questions to determine if hiring a rental property manager would be a good decision for your investment.
Ask yourself these questions:
Will you live and work close to your rental property? Northern Virginia and to a certain extent Alexandria is a very transient community. Northern Virginia has quite a few 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 finding good tenants. Some landlords believe that dispatching handymen and managing cleaners is fun. Accordingly, they like taking late night calls. Still, if you don't want more work, you might not want the chores of managing your own property. If, you don't need the work from the day-to-day management of your properties, you should probably consider hiring a property manager to manage your investment.
Do you like fight with your tenants? If you have tenants, sooner or later you will have disagreements. Even if you find hands-on management rewarding of the property, you may not find dealing with your tenants is satisfying. More importantly, if you're not a professional property manager, you can get in deep trouble quickly if you don't know landlord obligations. If you've already got a full-plate, then the last thing you want is extra worries. Hence, hiring a property management company might be a good (and tax deductible) expense.
Can you afford the cost? Let's face it. employing a property manager is much more attractive choice if you can afford it. If monthly cash-flow is not a problem, you'll likely save money by paying a rental 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 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 management in today's litigious culture the more you'll know the benefit of paying a professional in your corner.
Do you have access to a network of maintenance people? Every investment needs repairs. If your tenant reach out tos in need of maintenance will you know who to hire and what to do in a timely fashion? Do you know which repairs are the landlord's responsibility and which repairs are a tenant expense. If not, you should think about hiring a property manager.
Do you want know more about the local real estate market?
Nesbitt Realty's Guide to Real Estate is a helpful resource for anyone who hopes to review important real estate information about Alexandria and neighboring communities. The Guide to Real Estate compiles information regarding what has sold and what is for sale, and some interesting facts that you might not be aware of. In addition, our Guide features quite a few of the assets of living in Alexandria. Of course, all of this is interesting for buyers and sellers, but landlords and tenants may also find these tools to be somewhat sobering.
