Do You Know the Biggest Disadvantage for Owning A Rental Home?Diversifying your investment portfolio with real estate can be

one of the most strategic and conservative decisions you make

to protect your wealth from the unpredictability of the stock

market. In addition to competitive risk to return ratios, real

estate has the added benefit of tax advantages and asset

appreciation that you can’t get from owning shares of a

company.

My home has very l i t t le problems with i t and I can easily get to the home when needed.

This is something many owners sincerely think when they purchase their first few rental homes. The simple answer is that you aren’t a professional. This is why some people choose to hire an Accountant rather than do their own taxes…to save money,and reduce liability. hiring anattorney.

The samegoes for Most

peoplewould

agree that when it comes to an activity that involves liability, it’s best to hire a professional.

Questions to Diagnose your Property Management Health

Do I have access to current market data to understand the market price, absorption rates and the current competition?

Do I understand the Principle of Price Elasticity and how to strategically position my home to meet my desired goals?Do I have a proven marketing plan to expose my home to the maximum amount of qualified renters on the market?

Do I have the time and resources to respond to lead inquiries in a timely manner, prequalify and show the property during the day?

Do I have a communications plan to maintain top-of- mind awareness with the tenant?

Do I have a network of trusted vendors that I can rely on to make timely repairs or get a second opinion?

Do I have an “expert” level of experience by conducting a leasing and management transaction over 1000 times?

If you answered “No” to any of these questions, you are leaving money on the table and/or creating unnecessary liability with your investment. Good property managers should be able to answer all of these questions and give you, the owner, peace of mind that your home is being rented and cared for. Risk reduction and maximizing your return will more than account for the money you pay for a good property manager.

Hire Mars Hill Realty To Save You Time and Money

We provide fast, friendly, and professional service tailored to your individual property management needs.

We treat your investment property like it's our own, which translates into a property that is well-maintained and leased with a minimum amount of vacancy.

We conduct extensive screening on all tenants and handle everything from pre-qualifying potential tenants to property maintenance.

Property Management In The DC Area and Austin, Texas

Walk-throughs – Risk-reduction is one of the most important tasks for a property manager. If your property manager does not understand that, it could be trouble! In order to reduce the risks of miscommunication and disputes over the property condition, we use move-in checklists and leverage photography during the three most critical times of a lease: prior to a tenant moving in, within two weeks after a tenant has moved in, and immediately following a tenant moving out.

Work orders – Our goal is to provide a timely response to work orders and have access to a network of vendors that provide professional work and are cost-effective. We have work order systems that are transparent to the owner to foster trust and accountability.

MARS HILL REALTY GROUP

15409 Compton Road,Centreville, VA 20121

703.776.9223

Address :

Phone No :

https: //www.marshil lpropertymanagement.com/