Residential Property Management Fees in Northern Virginia

 We recieve a significant amount of calls from folks wanting to know about property management fees. Pretty much it is only about the fees and not about the A la Carte top notch service, long term relationships we establish with the owner or the tenants or even the 24/7 property managers provide. 

     As with most businesses there are costs to spending a significant amount of time on this with prospects that just are not interested but about how low can you go and what free info can you give me.  Property management is only profitable when you can streamline the business, choose the right customers, select the right properties to manage and ensure you provide your customer with the best tenants even if you have to drive to that overpriced rental house 20 times to show it.   It really is a multi-dimential approach to manage properties successfully. There are benefits and we pretty much have a steady stream of business and strong referral base.

Here is an example of what we provide clearly on our website www.hpepropertymanagement.com  

PROPERTY MANAGEMENT FEE OVERVIEW

Basically, there are three phases of fees in Property Management. 

  Tenant Search                - PHASE 1
  Monthly Management    - PHASE 2 
  Lease renewal                - PHASE 3 

PHASE 1

TENANT SEARCH AND PLACEMENT
 
  
If you require us to perform a "Tenant Search"  to help you place tenants in your property you can expect to pay. 

75% of 1 months gross direct or 1 months gross rent non - direct

(If your rent is marketed at $1800.00 monthly, your fee is $1800.00) - Non-Direct
(If your rent is marketed at $1800.00 monthly, your fee is $1350.00) - Direct 
Note that we do not normally recieve all this fee and that we must pay commisions to the tenants Realtor for bringing the tenant to your property if the tenant is accepted.) 

PHASE 2

PROPERTY MANAGEMENT (MONTHLY FEES)  

Once the tenant is placed in your property we will recieve our monthly service fee of 8% to 10%.
This fee includes the maintenance calls, rent collection, rent payments, inspections, reports, photos and video. 
 

Please select here for details on our plans.     http://www.hpepropertymanagement.com/images/Property_Management_Fees__rev9_May_2009.pdf

PHASE 3

LEASE RENEWAL

 We charge 25% - 35% for lease renewals.
This is a very common fee in the business and is required for our time we spend on maintaining the property, keeping the tenants in your property, negotiating with you and the tenants and lastly for maintaining your cash flow in the property. If your tenants move out this will cost you significantly more in vacancy time, real estate fees for tenant search, updates to your property you may not have to have done and loss of income.

Thank you 

About Us.

HPE Property Management, LLC provides comprehensive property management services for residential property owners. We provide superior service to our military, diplomatic services personnel, government contractors, professional investors as well as the landlord by default owners.
 
HPE Property Management has established itself as a leading provider of property management services in Northern Virgnia by delivering the service, expertise and experience discriminating property owners and investors require.

There are a variety of factors that determine true success in real estate investments. Marketing your property correctly, qualifying and retaining the best tenants, maintaining your property in top condition - these are all crucial elements that determine your ultimate return on investment. Choosing a seasoned property manager is the single most important decision you can make in protecting your real estate investment and maximizing cash flow.

If you must shop around for a property management company, please contact us last!
 
We believe we can win your business and provide you a level of trust.

Please call (703) 651-9169 for additional information or view our website pages for more info.