I own a condo in Oakton that I rent out. This week there was a pipe leak behind the bathroom wall where a huge pipe had to be replaced. The pipe leak soaked the carpets so I have to have part of the carpet padding also replaced. And to top it all off, the upstairs neighbors also have a leak in their pipes which is going to require replacing the entire bathroom ceiling.
Did I ever mention how much I hate being a landlord? Anyway, now that I have two kids, I'm considering hiring a management company because I just cannot deal with all of these issues. Does anyone have any recommendations? The key service I want is 24-hour emergency repair service and I want someone else to coordinate with the tenants and service companies when things need to be fixed.
I found Real Property Management and Purvis Property Management on Google and their websites are nice but I'd rather get a personal recommendation for a company.
Also, does anyone know approximately how much this typically costs? I think I looked into it before and one of the companies charged 14% of the rent. Does that sound about right?
Re: Recs for Property Mgt Co's in Fairfax, VA?
I do not recommend Coldwell Bankers. They were a nightmare for us when we used them.
I *think* my realtor does it. He is absolutely fabulous - www.michaelputnam.com. Tell him Kathy and Greg referred you.
When we used CB, they charged 8%.
Good luck!
BFP #2: 11/16/11: M/C at 7 weeks
BFP #3: 03/24/12: C/P 03/28/12
BFP #4: 04/26/12: please be our baby