Home owners who can’t or don’t want to sell their homes in today’s market but must move should consider renting out the property.
In Northern Virginia, Nesbitt Realty & Management can provide you with property management solutions that help your properties operate smoothly, increase in desirability and enhance investment value. Property owners, investors and landlords across Northern Virginia rely on Nesbitt Realty achieve their goals of superior property management performance and profitability.
Whether your properties are single-family homes, condos, duplexes or townhouses, Nesbitt Realty will manager your property with most dedicated, full-time property managers. We know how to attract and retain desirable tenants.
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Nesbitt Realty will strive to make the sales process as easygoing and stress-free as possible.
Obtaining a professional property manager is a good first step. Professional property managers charge 7 percent to 10 percent of the monthly rent in many areas. Nesbitt Realty is often cheaper than our competitors.
Current rents may not be high enough to cover carrying charges, including mortgage, taxes, and insurance. Nevertheless, renting out the property may still make sense if property values rise in the next few years.
Offering a 12-month lease that converts to month-to-month is a good idea, if the owners are considering selling eventually. Include language in the lease that allows a real estate professional to show the home to potential buyers with 24 hours’ notice to tenants.
For more information or to set up an appointment call Julie at (703)765-0300.
