Property Management in Washington D.C. Ward 5
Columbia Property Management specializes in managing rental homes in historic Ward 5, where there’s so much character, such good people, and lots of desirable properties. A lot of the owners in this part of the city are first-time landlords, and there are also experienced investors growing their portfolios. This is a great place to own rental property, and our team can make sure you’re maximizing what you have to offer and what you’re able to earn. Think of us as your Washington, DC Ward 5 property management partners. Managing investment property is what we do best.
Leverage our local experience and industry leadership to take care of all your leasing, management, and maintenance needs, leaving you more time and energy to focus on building long-term wealth with real estate investments. We’ll take care of everything from licensing to legal risks. You can expect an investment experience that’s less stressful and more profitable.
We Know Your Ward 5 Business License Requirements
If you’re renting out a property in Ward 5, you may have been informed that you need a business license. Applying for and obtaining that license is something we’ve done for many owners and landlords throughout the District of Columbia. You’ll also need to register with the Rental Accommodations Division, and we can take care of that for you as well. There’s no need to spend valuable time and resources on this process when we have everything down to an automated process.
We can talk about including this important step as part of our full-service management plan or if you simply need help getting yourself registered, we can handle it for you as a one-time service. Just let us know what you need and we can customize our leasing and management plans to fit your unique investment goals.
Ward 5 Leasing and Marketing Services
There’s a lot to love about leasing rental homes in Ward 5. We have tenants eager to embrace the history, culture, and unique sense of community in these neighborhoods. It’s home to the Catholic University of America and the Franciscan Monastery of the Holy Land in America. We love the mixed-use feel of residential cottages and row houses with industrial space and commercial activity. It creates a buzz and an energy that’s difficult to find in other Washington, DC neighborhoods. Ward 5 has a lot to offer, and it’s attractive to a diverse pool of tenants. Whether it’s a student looking for affordable housing or a family interested in a growing neighborhood, this is the only place to be for a lot of tenants. Ward 5 is all about potential, and it never hurts to be so close to treasured institutions like the National Arboretum.
The unique neighborhood dynamics in Ward 5 make it easy to market your rental property and attract your prospective tenants.
We take a targeted approach and leverage the power of online advertising. We understand the trends and tenants in Ward 5. At Columbia Property Management, we lease your property quickly and effectively.
Leasing Ward 5 homes in Michigan Park, Lamond-Riggs, Woodridge, Brookland, Ivy City, and surrounding areas.
Our marketing and leasing services start with:
- Competitive and profitable rental property pricing
- Strategic online advertising and networking
- Rental property showings
- Strict tenant screening in compliance with fair housing laws
- Lease negotiations
We also conduct an in-person orientation at the property for all residents moving into their new home. This is another reason we’re the property management company that Washington, DC Ward 5 owners trust with their investments.
Benefits of Full-Service Ward 5 Property Management Services
We can provide lease-only services when you’re only looking for a good tenant and a strong lease agreement. If you really want to have a better investment experience, however, you might consider our comprehensive Ward 5 property management services. This allows us to take care of everything so you don’t have to. We will:
Collect rent from tenants and pay rent to you.
- Enforce your lease agreement.
- Respond to routine and emergency maintenance issues.
- Track income and expenses while providing accounting reports.
- Keep you compliant with all state, local, and federal laws.
At Columbia Property Management, we specialize in responsive, proactive communication. Our team will be the point of contact if there’s an emergency late at night, a dispute between tenants, or a problem in the neighborhood that requires our attention.
Our efficient, frequent communication and our investment in technology, allowing for online rental payments and maintenance requests, are just a few of the ways that we deliver better property management in Washington, DC.
Get a Free Property Manager Selection Tool
Work with trusted DC property management professionals who know the submarkets at a neighborhood level in the city, which is critically important to understand rental prices and rental demand. We made the DC residential rental property market our sole focus, and our experience is your advantage.
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!
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|
|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|
|Maintenance Support line|
|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.
Work with Ward 5 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.
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.