FAQ
Why did I get into Property Management?
Here is a video that explains why I started a property management company. It all started back in 2008/2009 when I wasn’t able to make a living doing investments and Real Estate Sales. My last deal back in that time we lost about $60K on a fix and flip.
So after that, I lost most of my investment money.
I needed to find another way to feed my family. A friend of mine introduced me to Real Property Management. Right then I knew I would be good at this business. I had managed my own 9 rentals to that point and figured it would be great way to stay in Real Estate and actually build a lasting business.
I still love looking at investments and talking to our landlords and investors about their current deals.
Take a look and let me know if you have any questions.
We currnetly manage over 400 properties in the DC/Maryland Area.
Give us a call 202-269-0303 for DC
410-290-3285 for Maryland.
Real Property Management DC Metro
BJ McKellar
What is included in a thorough tenant screening process?
A robust tenant screening process is critical for mitigating risk. It involves multiple steps, including a comprehensive credit report review, a national criminal background check, income and employment verification (ensuring the tenant can afford the rent), and contacting previous landlords to check rental history and behavior.
What is a Property Managers Typical Day is Like:
If you don’t make a small list of items that you can complete each day, you will get overwhelmed. Lots of books I’ve read say there is something about crossing items off a list. These small wins are what you need to succeed in Property Management.
Click HERE for more info.
What is the role of the property manager?
A property manager is an authorized intermediary who handles all operational, financial, and legal responsibilities including tenant screening, maintenance, and rent collection to maintain the property’s value and maximize the owner’s return on investment.
What skills does a property manager have?
A highly effective property manager combines strong financial acumen and legal expertise to manage budgets, ensure compliance with complex Fair Housing and landlord-tenant laws, and mitigate risk. Crucial interpersonal skills like excellent communication, negotiation, and conflict resolution are also essential for successfully managing tenants and vendors.
What is the biggest responsibility as a property manager?
The biggest responsibility of a property manager is fiduciary duty, meaning they are legally obligated to act in the best financial interest of the property owner by protecting the asset’s value and maximizing its profitability. This encompasses mitigating all financial and legal risks while ensuring the property remains leased and compliant with all local laws.
Everything from Advertising to showings is explained HERE.
How often should my rental property be inspected?
Generally, a property should be inspected at least three times during a tenancy: once before the tenant moves in (the move-in inspection), once immediately after they move out (the move-out inspection), and at least one or two periodic inspections annually. These periodic checks confirm lease compliance and identify minor maintenance issues before they become expensive problems.
What are your Fees?
When choosing the right property manager, it’s always very important to know what their fees are. We pride ourselves on simple honest and transparent pricing. You’ll never find any hidden fees or surprises.
Some of our fees include:
- Tenant Placement Fee
This is the fee charged for finding, screening, and creating the lease for a tenant. - Full-Service Property Management Fees
For a full list of our fees take a look at our property management fees page.
Click HERE to see the different packages.
Everything from Advertising to showings is explained HERE.
How are routine and emergency maintenance requests handled?
Property managers establish a clear system, usually via an online portal, for tenants to submit routine requests. Crucially, they provide 24/7 coverage for genuine emergencies (like major plumbing leaks or electrical failure). They utilize a vetted network of insured vendors to ensure repairs are done quickly, correctly, and cost-effectively, protecting the owner’s asset.
What Is Real Property Metro?
Real Property Management in Howard County Maryland is the trusted leader in reliable single-family and small multi-family residences. With over 25 years of experience and 250 plus offices nationwide, local expertise and a highly trained responsive team, Real Property Management manages tens of thousands of properties for individuals, investors and institutions throughout the country.
Learn more about us.
What Does a Property Management Company Do?
A property management company handles the day-to-day operations of rental properties on behalf of owners, including marketing vacancies, screening tenants, collecting rents, coordinating maintenance, and ensuring legal compliance.
Check out the Area’s We Serve.
How Do I Talk to Someone?
If you have any questions or concerns for us, we are happy to talk to you! If you have rental home, are looking for a home, or are a current homeowner or tenant, or are just curious about our services we are happy to help.
Which Areas Do You Serve?
We manage properties in:
- Catonsville, Columbia, Frederick, Baltimore, Baltimore City, Owing Mills, Pikesville, Laurel, Federal Hills, Fells Point , Towson, Reisterstown, and Randallstown
Check out our Area’s We Serve page for even more information.
