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How to Write an Effective Property Listing

EJF Real Estate Services - Thursday, March 25, 2021
The only way to eliminate a vacancy is to list your rental and find a new resident. However, merely putting a few details and quick photos together to post online won't deliver the quality renter you need to maximize your rental income. Writing effective property listings is both an art and a science. The "science" includes the ...

Quick Guide to Property Inspections

EJF Real Estate Services - Thursday, March 4, 2021
A proactive maintenance plan is only one part of a well-rounded strategy to protect your rowhomes for rent in Washington DC. While routine maintenance and prompt, quality repairs are important, keeping an eye on your rentals (and renters) also requires an inspection plan. If you aren't routinely putting your eyes on your ...

Investing Basics: Insight From Property Management in D.C.

EJF Real Estate Services - Thursday, February 25, 2021
Whether you own one D.C. rental property or you have a more extensive portfolio of many types of rentals, the basics of successful investing never change. When investors master the fundamentals of successful real estate investment, they can replicate the success with almost any property in any market. As with any investment or ...

Can You 'Overdo' Rehab for a Condo for Rent in D.C.?

EJF Real Estate Services - Thursday, February 18, 2021
Do you have the nicest condo for rent in D.C.? While D.C. certainly has room for luxury rentals, it's still possible to 'overdo' updates and upgrades to your property to the point that you may not be able to recover their cost through the rent. There's a distinct financial difference between revenue-generating property upgrades ...

Long-Distance Investing Is Possible With Property Management in D.C.

EJF Real Estate Services - Thursday, February 11, 2021
Tapping into the Washington, D.C. real estate investment market is a smart idea for investors who want to grow large portfolios and build significant long-term wealth—but what if you don't live here? No matter where you live, D.C. rowhomes for rent are available to anyone with the right team. Growing a real estate portfolio out ...

Should Renters Insurance Be Mandatory for D.C. Rowhomes for Rent?

EJF Real Estate Services - Thursday, February 4, 2021
We help real estate investors apply the best strategies to maximize their income in the Washington, D.C. rental market. One question we often hear from property owners is, 'Should I require my residents to carry renters insurance?' In our opinion, as experts in full-service property management and community association ...

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 ...

EJF Real Estate Services | Real Estate Entities: What You Need to Know

EJF Real Estate Services - Thursday, January 21, 2021
When you own Washington D.C. homes for rent, you're a business owner. Even if real estate investments aren't your primary career, operating rental properties in the D.C. area is a business that benefits from the legal protections of a business entity. In Washington, D.C., investors also need a specific business license to ...

EJF Real Estate Services | Out-of-State Real Estate Investment Insight

EJF Real Estate Services - Thursday, January 7, 2021
Do you have a condo for rent in D.C.? If not, you're missing out on an excellent opportunity to make money in a competitive rental market. If you live here, buying rental properties in the area makes good financial sense to grow your investment income. You can check on your properties from time to time, visit potential ...

When Should I Hire the Best property management D.C. offers for my portfolio?

EJF Real Estate Services - Thursday, December 31, 2020
It's a great time to be a real estate investor in the D.C. area. As you get acclimated to the rental market and learn what kind of properties work best for you and your long-term success as a rental property owner, you'll eventually ask the question: 'Can I do more?' That question often leads to another question: 'When should I ...

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