The 3 Traits Your Ideal Property Management Company Possesses
Appfolio Websites • December 23, 2019
The data is in and here's what you need to be looking for more than ever.
Why do investors turning to investment/property management companies?
With decades of experience serving Arlingtonians and our neighbors throughout Virginia, Maryland and D.C., we've certainly heard some valuable feedback throughout the years.
But, sometimes a little supporting, national data can go a long way in truly explaining how folks feel and what, specifically, they are looking for.
AppFolio, a trusted partner of ours in the property management software space, recently conducted an in-depth study titled "How Today's Real Estate Investors View Investment Companies." The report involved in-depth research from 101 individual real estate investors and their thoughts on a variety of things throughout the space.
One question in particular from the survey caught our eye: What is the primary reason you invest in real estate through an investment management company? The top three responses were:
- Knowledge of the real estate market (34%);
- Financial expertise (25%); and
- Professional property management (23%).
So, as you embark your real estate journey in the New Year, you'll want a financially-savvy, locally-knowledgeable professional property management team advocating on your behalf. You certainly don't want to settle for an out-of-market rookie when it comes to your most important investment(s).
When you're ready to hear more about why and how property management in Arlington, Virginia will benefit you, the dedicated team at Arlington Realty Property Management is ready to chat. To discuss your unique needs, give us a call today at 703-836-2525 or email us at mypropertymgr@gmail.com.
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