Marketing & Leasing Rental Homes in Washington, D.C.
Marketing rental property requires skill, strategy, and the resources that make it a success. Our thorough understanding of the local rental market in Washington, D.C. and its unique neighborhoods allow us to limit your vacancy time, set accurate rental values, and select high-quality tenants. At Columbia Property Management, we’re willing to invest our own time and money into ensuring the leasing process works for you, your property, and the tenants we eventually place.
Our processes are compliant with federal and local regulations, minimizing the risk to the property owner. In addition, there are no extra costs to the property owner other than preparing the rental for move-in and our tenant placement fee. CPM covers all costs for marketing and showings, including online listings.
Washington D.C. Leasing That Enhances Your Rental Business
Rental Property Marketing and Leasing Experts
Why lose money marketing and leasing your rental home without understanding the competing properties, the tenant trends, and the local laws and regulations that govern the process?
Did you know there are many different supplementary documents that are required by law in every lease agreement you sign with every tenant?
Without a strong and legally compliant lease agreement, you can’t be guaranteed a successful tenancy and you cannot adequately protect yourself from future tenants claims.
Protect yourself and your rental business. Work with experts like Columbia Property Management. When it comes to marketing your property, we’re timely. When it comes to choosing a tenant, we’re rigorous. When it comes to executing the lease agreement, we’re thorough.
You can expect:
- Professional marketing photos
- Virtual Tours
- Floor plans
- Syndicated listings
- Self-showing technology (optional)
- Online applications
- Screening with background and credit checks, income verification, and a review of rental history
- Legally compliant and enforceable lease agreements
- Customized lease clauses based on a decade of experience
- Move-in preparations and condition reports
Access Our Lease-Only Services
For a lot of rental property owners finding strong tenants is a main concern when they’re renting out a home.
Columbia Property Management can get you through the leasing process and hand the rental back over to you for ongoing management and maintenance.
Our tenant placement services are offered for those rental owners who have experience or a desire to manage the rentals on their own, once a tenant has been found. Maybe you’ve already got a great network of preferred vendors and you feel comfortable handling repairs and preventative maintenance.
We can help you by setting the right rental price based on your property, location and preferred strategy. Our solid marketing and tenant screening processes will streamline what can be a very daunting process for a small landlord.
Our expertise will minimize losses due to long vacancies and weak tenants. We’ll keep you compliant while protecting your investment.
Our Contribution to Finding Your Tenant
Is it really that hard to find a tenant?
Yes, as more and more new construction apartment buildings hit the market, the price pressure and competition for renters is harder than ever. Summer months may be easier than others, but we’ve also heard from owners over the past several years that the days of posting and renting it within days are gone.
The skill is in finding the right tenant at the right rental price. You want a renter who is qualified to rent your property, who will pay rent consistently on time, and who will take care of your asset.
Professionally marketing your Washington DC rental property to achieve these goals requires an investment of time and money. That’s right, we invest our money in your rental as your tenant placement partners. We do not require you to reimburse marketing expenses.
A recent internal study found on average our costs approach $1000 for a single rental listing. It is why the leasing fee is a key element to the service and a necessary expense for our clients. Putting the best possible renter in your rental will not only potentially net you more income per month, but will also avoid many of the very costly pitfalls some small landlords experience due to less rigorous tenant screening.
We know we make it look easy. But a lot of experience, time and money are spent to make sure you get professional marketing of your rental property to set you up for success. It won’t take you long to see why our processes are so important to maximizing your return.
Choosing Your Washington DC Property Manager
Get a Free Property Manager Selection Tool
There are questions to ask anyone who proposes to manage your DC property for you. There are also questions to ask yourself. What you want is a professional who fills vacancies quickly with good renters, who provides accurate and timely rent payouts, and who maintains your property with prompt and cost-effective repairs, as needed. A good communicator is also key.
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!
Areas We Serve
Our Expertise Extends to Dupont Circle, Columbia Heights, Adams Morgan, Kalorama, Petworth, Mount Pleasant, Shaw, Logan Circle, U Street and Brookland
Dupont Circle
Columbia Heights
Adams Morgan
Kalorama
Petworth
Choose the Best Price For You
| Tenant Placement | Investor Tier | Platinum | Gold | |
|---|---|---|---|---|
| Management Fee | (No Management) | 14.5% of rent per month * | 9.9% of rent per month * | 7.9% of rent per month * |
| Full Legal Compliance | ||||
| Responsive & Personal Staff | ||||
| Rent Assessment | ||||
| Resident Orientation | Property Manager meets new residents at the property for a walk-through orientation | staff member meets new residents at the property for a walk-through orientation | Watches orientation video | |
| Marketing the Property | ||||
| Finding Tenants | ||||
| Tenant Screening | ||||
| Maintenance Support line | ||||
| Property Maintenance | ||||
| Online Owner Portals | ||||
| On-Time Rent Collection | ||||
| Eviction Process Handling | ||||
| Accurate Property Accounting & Reporting | ||||
| Monthly Owner Statements & Electronic Deposit of Rent Funds | ||||
| Recurring bills payment | $15 per utility per month | |||
| Home Warranty Management | $100 per incident | |||
| Process a rental license renewal | $50 | |||
| Property Tax payments | $25 | |||
| Mail pick-up from property | $15 | |||
| Equipment Rental | $25 per device per day | |||
| On-site inspections | 4 per year | 4 per year | 2 per year | |
| Investment Advisory Services |
*Our minimum monthly management fee is $175 per month
*Additional charges apply for subsidized housing programs
*Discounts may apply for portfolios and total monthly fees in excess of $1000. Contact our property manager
*The Investor Tier is designed to help our clients to pay for the leasing fee interest free over time. Should the owner terminate the contract prior to 24 months, the balance of the leasing fee shall become due at termination.
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
(888) 857-6594
info@Columbiapm.com
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