Property Management Education
Visit our property management blog when you’re looking for landlord advice and investment help. We talk about the daily details of property management; from tenant screening to preventative maintenance. We also share some insight about how to successfully invest in the Washington, DC market.
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Pros and Cons of Renting to Voucher Holders
Not all that long ago, the D.C. Housing office adjusted the payment standards because too many voucher holders were being priced out of certain neighborhoods. They increased the amount to incent owners to rent to city clients who can pay with municipal vouchers, also...
Why Clean Professionally Between Tenants?
There are many professional cleaning companies but not many who do a thorough, deep cleaning that is needed between tenants in your rental home. At CPM we have developed cleaning standards that the cleaning companies we use must follow when doing turnover cleanings,...
Don’t Just Jump in With Any Ol’ Property Manager
With summer approaching it's easy to be tempted to wrap up quickly all sorts of business affairs and just jump right into that pool of clear water and have the comfort that comes from having somebody else take care of the problems with your rental property. Don't be...
Why a Quality Property Management Company Can Help You Save on Home Warranties
When you purchase a home, you’ll often get recommendations to invest in a home warranty. They can save you money on costly repairs, as well as time searching for a service provider. Some property managers also recommend purchasing a home warranty for...
Pros and Cons of Creating a Trust as a Rental Property Owner
Whether you are already a rental property owner or you are deciding it’s time to jump in, there are a few ways you can purchase and own the property: in your own name as a personal asset, under an LLC, or in a trust. There are various reasons a rental owner would...
Pros and Cons of Creating an LLC as a Rental Property Owner
Pros and Cons of Creating an LLC as a Rental Property Owner Whether you’re a current owner of a rental property or considering purchasing one, you may want to own the property in an LLC. It’s not always a cut and dry decision, though. We’ve compiled a list of pros and...
5 Tips for Choosing Your Next Real Estate Investment
5 Tips for Choosing Your Next Real Estate Investment Real estate may seem like a sure-fire investment opportunity, but it isn’t always a win. You are investing in a mini business, so you will have to know your projected income and expenses and make sure the results...
Opportunity Zones: What They Are and What to Consider Before Investing
Opportunity Zones: What They Are and What to Consider Before Investing What is an Opportunity Zone? According to the U.S Department of the Treasury, Opportunity Zones were created as part of the Tax Cuts and Jobs Act of 2017 to “spur investment in distressed...
Don’t Require Tenants to Have Insurance? Here’s Why You Should
Don't Require Tenants to Have Insurance? Here's Why You Should If you’re not already requiring that your tenants be covered by a renter’s insurance policy, you should think again. Accidents occur and if the tenant does not have insurance, they may not have the funds...
6 More Tips for First-Time DC Landlords
In our last post, we shared six tips to help first-time landlords hit the ground running. This month we’re sharing six more tips to help you find your ideal renter, create your lease and manage your property once it’s rented. 1. Perfect Your Application Process While...
6 Tips for First-Time DC Landlords
Becoming a landlord can happen by choice (as an investor) or by chance (not intentionally), but either way it’s important to know what you’re getting yourself into. We’ve compiled a list of tips to help you handle the responsibility of being a first-time landlord...
Three More Common Mistakes DC Landlords Make
Know where landlords usually go wrong so you can do it right! We recently posted the top 3 mistakes DC landlords make, and today we’re sharing three more things that often trip up property owners who want to start renting. By learning where landlords commonly go...
Team Up with Your Tenants to Avoid Extreme Consequences During Extreme Winter Weather
Extreme and unpredictable weather events like the recent Polar Vortex have been impacting our area this winter and are likely to keep happening. As news reports announce impending doom, communities prepare for the impacts of wild winter weather. While that can mean...
The Top 3 Mistakes DC Landlords Make
Thinking about becoming a landlord? Don’t make these mistakes! If you’re thinking about renting out a property you own, you might want to think twice. Managing a rental property isn’t as easy as you may think. And tenant laws in DC make being a landlord a complicated...
DC Landlord Tip: Disputes and Evictions
What Makes a Good Rental Property?
Do Not Lock Out Your Tenant in DC
High-Profile Eviction is a Good Reminder: Do Not Lock Out Your Tenant in DC A DC couple is in hot water this week because of a high-profile eviction. CNN is reporting today that the landlord who rented a room in their Capitol Hill House to the EPA head, Scott Pruitt,...
Building Wealth with Rental Real Estate
The following was published 10/24/2013 in Metro Weekly. Many potential sellers in the last few years have had to face the question of whether to sell or rent out their house or condo. This has been a particularly difficult situation coming on the heels of record...
Are you exempt from Rent Control?
Did you know that all rental units in the District of Columbia are automatically subject to rent control unless they registered as exempt? Under the Rental Housing Act of 1985 and subsequent amendments housing providers (landlords) are responsible to register their...
New DC Lead Based Paint Disclosure Requirement
This past week the District of Columbia Department of the Environment issued new lead based paint disclosure forms that fulfill the District’s disclosure requirements as well as some of the federal disclosure requirements. The District's definition is more restrictive...
Scott was incredibly helpful. He worked with us through all our questions about property management, rental rates, contracts, and tenants. We would recommend him without reservation if you're looking for someone to find renters or to manage your property. And we checked around and his rates are very good compared to the competition. Don't hesitate!
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Washington DC Property Management Experts
Our local experience is your advantage in all aspects of the Washington DC residential rental real estate market.
Our in-depth knowledge of the details of the Washington DC market and submarkets, from tenant pool to price points and quality vendors ensures that you get the highest quality management for your rental investment.
QUESTIONS ABOUT PROPERTY MANAGEMENT?
If you’d like to learn more about our properties and what it’s like to work with Columbia Property Management, get in touch. We’d be happy to talk more about our rental properties, our application requirements, and our leasing process.
Columbia Property Management
Mailing Address:
P.O. Box 92488, Washington, DC 20090
Main Office:
1140 3rd Street NE, Floor 2, Washington, DC 20002
T: (888) 857-6594 | F: (202) 600-8165
info@Columbiapm.com
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