Property Management of Condominiums in Northern Virginia
Thinking about having your property professionally managed?
Owners, when you decide to rent out a property, one question that NEEDS to come to mind is, do I manage it myself, or do I hire a professional management company?
Here are so pros of having a management company professionally manage your company:
- Professional companies know all the rules and regulations of leasing, tenant's rights, owner's rights, etc.
- Option for company to pay all owner expenses such as condo fees, real estate taxes, mortgage payments
- Provides detailed monthly income and expense statements
- Coordination of necessary maintenance
- Contains strong relationships with contractors, painters, etc. to insure reliability and low prices
- Coordination of unit reconditioning between tenants such as cleaning, painting, etc.
- Detailed knowledge of buildings each property is in
- Terrific for owners who are not local
- Ideal for owners who have multiple properties
- Deals with all types of tenant requests (as small as fixing a door handle, to replacing a dishwasher, etc.)
Most large companies charge 10% of rent for their services. But, because Condo 1, Inc. is local and has such a specialized niche of Northern Arlington Condominiums, our overhead costs decrease dramatically, which allow us to only charge 7%.Want to know more about property management? Check out Condo 1, Inc.'s brochure on our website!


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