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Setting a Rental Rate for Your Condo for Rent in D.C.—Tips for Landlords

EJF Real Estate Services - Thursday, April 22, 2021
Are you experiencing long vacancy times for your condo for rent in DC? How is your cash flow? When the monthly rental price is too high or too low, real estate investors lose money and struggle without enough cash flow. You might have a "goal" rental rate in mind for your rental, but is that goal realistic? Setting the price ...

Allowing Prepayments: Insight From Community Association Management

EJF Real Estate Services - Thursday, January 28, 2021
Accepting prepaid rent can be excellent for your cash flow—but terrible for business if you fail to handle it with care. When a renter (or potential renter) offers to pay several months of rent in advance, investors should proceed with caution before accepting the influx of cash. Should investors ever let a renter prepay? As a ...

D.C. Community Association Management Equals Professional Maintenance

EJF Real Estate Services - Thursday, October 22, 2020
Historic buildings and new construction alike present maintenance and repair challenges that can take up a considerable amount of time for property owners in D.C. Additionally, failing to devote adequate time and resources to address maintenance needs for your property or building can quietly cause property values to spiral. ...

D.C. Community Association Management and Reasonable Accommodation

EJF Real Estate Services - Thursday, October 15, 2020
As an expert in D.C. community association management, we understand that not every property owner or co-op may have been exposed to the finer points of the Fair Housing Act or the Americans with Disabilities Act. However, understanding this set of laws is key to the operation of your property or properties in the D.C. area. ...

Property Management D.C. Investors Need Can Also Be a Tax Deduction

EJF Real Estate Services - Thursday, October 8, 2020
No matter the type of property you have as a property owner in the D.C. area, you've likely felt the sting of paying your taxes—and wishing there were a few more items that you could deduct to lower your tax burden. As expert property management, D.C. investors, we also recognize the challenges of balancing your budget as a ...

Traits a D.C. Association Property Management Company Must Have

EJF Real Estate Services - Thursday, September 24, 2020
Whether you're a D.C. property owner with a single-family rental property or a property investor whose portfolio includes row homes and condos, there's no doubt that property management can make your job easier. However, choosing the right company to work with isn't always so simple. When you require an expert to manage your ...

COVID-19 Payment Plans | D.C. Community Association Management Insight

EJF Real Estate Services - Thursday, May 14, 2020
With the new payment plan requirements in effect for Washington D.C. as a result of the COVID-19 pandemic, you may be wondering how to approach this issue with your renters if you operate a multi-family property. While you might be able to delay some things like regular property inspections, other aspects of owning rental ...

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