Condo 1 of Alexandria

Managing your Condominium investment

Our offices at River Towers

You get the cash flow. We get the work.

Your investment in your condominium is a business like any other. As a landlord, you have expenses, income and with perserverance the expectation of financial reward.

In the business of real estate investment, nearly all cashflow comes from tenants. And that's the catch: If you have tenants, you will have problems. Even the best of tenants have needs and all properties will require maintenance or management at some point.

A good renter will respect your property and pay timely rent. A bad renter can damage or destroy your property. The worst of all renters damages your property and does not pay any rent at all. Life's too short to deal with bad renters.

At Condo 1, we'll find the best quality renter for your property. Once the property is leased, we'll do the administration and handle the details of managing the property. We'll maintain your good name and foster good relations between you and the tenant, but we will set clear boundaries so that your renter understands his rights and duties as a tenant.

Call us now to discuss how Condo 1 can serve your needs: 703 765 0300.

Property Management Companies

Property Management 101 Huntington Metro toward Midtowns

Property management is a business in and of itself. If you want to invest in real estate, but you don't want to be a property manager, the solution is really quite simple: employ the services of Condo 1 of Alexandria. Our property managers are experienced individuals who will manage the day-to-day operations of your propery. We manage residential properties, multi-family properties and even homeowners and condo associations.

A big value-add provided by your Condo 1 property manager is "separation". This to say, your Condo 1property manager maintains a level of separation between the landlord and the tenants and the property. As you may already know, it's important to invest in real estate without emotionally investing in tenants or property. Your Condo 1 property manager helps ensure that you always make the best decision for your family, rather than making the best decision for the tenant's family.

So, your Condo 1 rental property manager serves as a buffer between the owner and his tenants. Condo 1 can help you find tenants, handling repair projects and maintenance, oversee improvements, collect rent, and even pay some expenses and taxes. The specific tasks we handle vary based upon upon the needs and wishes of the property owner.

Condo 1 Property Management also handles commercial properties such as office buildings, freeing the owners from the day to day responsibilities. Additionally, a competant Condo 1 property manager gives you protection from certain liabilities.

Condo 1usually charges a percentage of the rents collected. Every aspect of Condo 1 property manager’s responsibilities will be outlined in a contract signed by both Condo 1 and the landlord. This agreement details financial responsibilities and specifies the types of financial reports the landlord can expect.

Your Condo 1 property manager will stay current on new laws and condo regulations which may be relevant to your situation. Condo 1 Property Management takes a lot of the burden off of owning rental real estate. Most Condo 1 property managers are themselves landlords. They know your needs.

Learn more about Condo 1 staff.

 

 

Property Management Questions? Call 703 765 0300.

We are here to help you.

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