     
 Coldwell Banker Elite has a professional Property Management Team to handle all of your accounting, maintenance, and leasing needs. A good property management firm can easily become one of your greatest assets, second only to the properties that they steward on your behalf. That said, your property manager will make critical decisions on your behalf making it extremely important that you do your homework during the hiring process. A knowledgeable property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. Quantitative Benefits to Owners Here are a few ways that a good property manager earns their keep: - Higher Quality Tenants
- Fewer costly and time consumer legal problems
- Shorter vacancy cycles
- Better Tenant retention
- Tighter rent collection process
- Assistance with taxes
- Lower maintenance repair costs
- Increase the value of the investment
Personal Benefits to Owners
- Less stress - Avoid having to deal with middle of the night emergencies, chasing down rent, evicting people from your property, tenants who wreck your property, rental scams, lousy vendors, piles of paperwork.
- More freedom - Live and invest wherever you want with the constraint of needing to be near your properties. Additionally you can live and travel without the requirement of always being available in the event that your tenants have a need you have to tend to. Once you have found a good management company, it doesn’t matter if you live in the same state. Some landlords live in other countries and simply collect their check every month without ever seeing the property.
- Free up more of your time - Time is money, and for many investors, their time can be more profitably spent in areas other than servicing their properties. When you focus on asset management you’re working ON your business, when you manage your own properties you work IN it. Additionally you have more time to spend with family or friends doing things you enjoy.
Coldwell Banker Elite Property Management Department 5444 Jefferson Davis Highway, Suite 100
Fredericksburg, VA 22407
Office: (540) 720-3012 Fax: (540) 548-2028 Toll Free: 866-769-8405
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