Property Management

Property Management in Virginia, Maryland, Washington D.C., and Texas

At Mars Hill Realty Group, we’re raising the bar in managing single residential properties.

Real estate investors know that diversifying their investment portfolios with real estate can certainly be strategic. Real estate not only protects wealth from the unpredictability of the stock market; it also has the added benefit of asset appreciation that you can’t get from owning shares of a company. As you likely know, every investment has its advantages and disadvantages. As a professional property manager of almost 100 homes, we can testify that the biggest disadvantage of rental real estate are the consequences of a poorly managed home.

Real Estate is a Sound Investment...Especially When it’s Managed Correctly

If you own real estate, the wisest thing you can do is to remove the burden of property management, and hire a professional. At Mars Hill Realty Group, we are a full-service property management company in Northern Virginia, Maryland, Washington D.C. and the Austin, Texas area committed to the belief that your real estate investment should be hassle-free. Our expertise is making sure your real estate investment is being properly managed and leveraged so that it is making you money. To accomplish this, we provide strategic property management services.
At Mars Hill, our goal is to create and maintain the financial success of your investment while freeing you from day-to-day management tasks that cost you time and money. Our rental strategy, market knowledge, varied resources, and effective communication set our services apart.

Being a Landlord Takes Time and Energy

At Mars Hill, we can help save you money and hassle in a number of ways, including:

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.
We offer full-service comprehensive property management services all in one place.
We strive to provide an exceptional level of reliable customer service to all of our clients.

Let Us Make the Most of Your Investment!

At Mars Hill Realty Group, our goal is to provide our clients with a package of services that allows them the peace-of-mind of knowing their investment is in good hands. Interested in learning more? Fill out our contact form and we’ll contact you within 24 hours to see how we can help!

questions we get asked

Can you provide access to current market data to understand the market price, absorption rates and the current competition?

Every listing strategy must begin with the right understanding of market fundamentals. We help you understand the market as well as we do so that you can make an informed decision on how much we should ask for rent. This includes a review of previous homes that have rented, current competition, absorption rates for your neighborhood and/or city, and other factors that can sometimes make a difference between offering a rental rate that includes a discount or a market premium.

Do you have a proven marketing plan to expose my home to the maximum amount of qualified renters on the market?

We leverage the Internet to gain maximum exposure for your listing. Rather than just list it in the local real estate listing service, we also syndicate your listing to the most trafficked real estate websites on the Internet. We invest in the same professional-caliber photography and copywriting in your rental as we do in selling a home. Why? Because it works and produces exceptional results.

Do you have a proven system to qualify a tenant that can result in less than a 1% eviction rate?

We conduct a thorough review of an applicant’s employment history, residential history, credit history and criminal history. In addition to that, we also have proprietary methods for screening a tenant and conduct an in-person or phone interview before we give you our recommendation.

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

We spend a lot of effort to make sure we have systems in place to communicate with our owners and tenants on a regular schedule. It’s important for a property manager to stay “top-of-mind” with a tenant so that they will be remembered when a work order needs to be submitted and it reduces the likelihood of the property being neglected. We have invested in Owner Portals and Tenant Portals that can be used for paying a ledger balance, reviewing contracts, reviewing statements, submitting a work order and much more.

How do you reduce the risks of miscommunication and disputes over the property condition?

Risk-reduction is one of the most important tasks for a property manager. If your property manager does not understand that, you are playing with a loaded gun. 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, two weeks after a tenant has moved in, and immediately following a tenant moving out.

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

Our goal is to provide a timely response to work orders and have access to a network of vendors that provide excellent, professional work and are cost-effective. We have work order systems that are transparent to the owner to foster trust and accountability. For example, every owner receives a real-time alert when a work order is submitted and all work must be verified via phone or in-person (depending on the type of repair) prior to the vendor receiving payment. Before and after photography is used whenever possible and all invoices, photographs and work order requests are stored in the owner’s records for review at any time.

section-1b54b5b

Investment