Farragut Office

Serving Washington, DC

call today: 202-899-2745

DC Property Management

Let us manage your DC rental property

Washington, DC Property Management

Your decision to rent out your home was probably a tough one to make. Maybe you are a homeowner who has had trouble selling, and you decided it might be better to rent your property. Or, perhaps you are in the military and you’re getting ready to redeploy. You might even be a real estate investor who has done this before. Whatever your story, having a well-qualified property manager helping you out is invaluable.

Being a landlord takes work, time and money. You have to treat it like any other full time job. Here are some of the things you need to be prepared for:

  • Evaluating the market so you know how to price your rental home correctly
  • Advertising your property for maximum exposure
  • Ensuring all your advertising language complies with fair housing laws
  • Separating serious rental candidates from those who are wasting your time
  • Being available to show your property to potential renters
  • Follow up with applicants
  • Conduct in depth tenants screening and background checks
  • Creating a lease that protects your interests
  • Depositing a tenant’s security deposit in an escrow account
  • Making an inspection of the property before a tenant moves in, and documenting the property’s condition
  • Familiarizing yourself with all tenant and landlord laws
  • Being available to answer the phone when the tenant calls at any hour
  • Develop a list of vendors who can provide repair work
  • Paying vendors for the work at your rental property
  • Ensuring tenants pay rent on time
  • Developing an accounting system to track income and expenses
  • Dealing with tenants who are causing problems legally or behaviorally
  • Managing the eviction of tenants who don’t pay rent
  • Making ongoing inspections to ensure your property is being cared for
  • Going after tenants who owe you rent
  • Conducting move out inspections to ensure the tenants left the property in good shape
  • Giving the security deposit back to tenants within the legally required timeframe
  • Preparing your home for new tenants once it is vacant
  • Starting the process all over again with your new tenants

Inquire About Our Services

Decide whether doing all of this yourself is worth your time, money and other resources. If you cannot devote the amount of time you need, it might be a good idea to let professionals help you.

Benefits of using Flat Fee Landlord

  • No hassle management
  • Automated owner statements
  • Online Owner Portal Access
  • Industry leading marketing tools
  • 24/7 maintenance request handling
  • Prompt Response to Tenant Requests
  • Low vacancy rate
  • Low time on market
  • Industry specific local knowledge
  • Tenant Assurance Program guarantees the tenants we find for nine months
  • We can place a highly qualified tenant in your home within 25 days
  • We have one of the lowest eviction rates in the industry at 2%
  • Cancel for free if you ever become unhappy with our services
  • No fees and costs upfront for you
  • We charge one flat fee per month instead of a percentage of your income
  • Your property management costs are 100% tax deductible

What we do as your DC property manager:

  • Fill vacancies
  • Advertise your rental
  • Handle tenant inquiries
  • Background and credit investigations
  • Application processing
  • Lease signing
  • Full service repair
  • Rent collection
  • Accounting
  • Coordinate Evictions
  • Property Evaluation

    A great property manager provides landlords with comprehensive property evaluations and that is exactly what we do at Flat Fee Landlord. Where most companies just “say” they did an inspection, we actually provide our landlords with a full inspection report complete with dozens-hundreds of photographs. Our goal is to provide our landlords with a report so comprehensive that it is as if the landlord actually visited the property themselves. Our Evaluations are completed at the beginning and end of each lease term. Additional evaluations are completed approximately every 4-8 months and more evaluations are available at an additional expense.
  • Marketing

    Getting your property rented at the highest market value in the shortest amount of time is our number one goal. We try to limit the amount of vacancy to your home while providing you the highest amount of income the market dictates. We take several marketing pictures of your property and syndicate your listing the most popular home rental sites on the internet. These sites include but are not limited to:

    • Zillow.com
    • Trulia.com
    • Apartements.com
    • Craigslist.com
    • Zumper.com
    • Realtor.com
    • Homes.com
    • Rent.com

    In addition to the top independent real estate websites, your home will be eligible to show up on other real estate firm’s websites.

    Marketing your home is the first step to finding a well qualified tenant rent your home. We put a lot of emphasis in marketing your property. The marketing of your home is included in our tenant placement fee.

  • Tenant Screening

    The tenant screening process is the most important part of renting your property. Finding any old tenant is easy; however, what sets us apart is that we have very strict and high standards for placing only the best tenants in our managed properties. This is why our company has an industry leading eviction rate of less than 1% all time! In addition to having such a low eviction rate, we also have one of the best security deposit return rates in the industry. Not only do your tenants pay rent on time, but they also do very minimal/if any damage at all to your home while they rent it.

    To ensure we have the best tenant possible rent your home, we utilize our proven “Perfect10ant” verification system. The “Perfect10ant” includes:

    • Credit score
    • Income Verification
    • Debt to Income ratio
    • ID verification
    • Past Evictions
    • Address verification
    • Interview previous Landlords
    • Rental History
    • Criminal History
    • Employment History
  • Security Deposits

    By law, Washington DC permits holding a security deposit not to exceed the value of one full month’s rent. We will collect the security deposit prior to allowing the tenant access to your property and hold it in escrow during the lease term. Upon move out, we will coordinate any repairs if needed and return the security deposit back to the tenant minus any costs for damage that exceed what is legally considered “normal wear and tear.”
  • Lease Preparation

    Upon your acceptance of an application, our team will prepare and administer a lease on your behalf. Both the landlord and tenant will sign the lease; which we will upload into your client portal for 24/7 access. We utilize a tightly locked and analyzed lease provided by our attorneys to best serve all parties involved in the lease. The lease preparation and administration will be handled by us so you can just sit back and relax!

Washington, DC Area Information

Washington, DC Property Managers

Washington, DC is known for being our nation's Capital. It is home to many local longstanding businesses and the federal government. The city is comprised of 4 large areas including Northwest, Northeast, Southwest, and Southeast. Each quadrant has a number of its own very unique neighborhoods. Each neighborhood has seen its cycle of changes throughout its existence. The city has some of the most expensive real estate home values in the country.

Areas We Serve

Farragut Office
Serving Washington, DC
1725 I Street, NW
Suite 300
Washington, DC 20006
*By Appointment Only
Tel: 202-899-2745