Midlothian Property Management Company

Our Midlothian Property Management Services

Here at KRS Holdings, we offer a variety of property management services that are essential to improving the overall performance of a rental property. 

These services are personalized to meet the specific needs of each of our clients. They include:

Professional Rental Property Marketing

One of the best ways to find a quality tenant is by creating an effective marketing campaign. At KRS Holdings, we have a team of highly talented local property managers who can come up with a creative advertising strategy for your investment property. This will not only highlight your property’s best features but also leave a lasting impression on potential tenants.

Our property management team works with professional photographers and videographers to showcase the true essence of your investment property. We will then prepare an accurate property description, to capture the interest of renters. The ad will then be listed on property websites and multiple social media platforms to ensure maximal reach.

We’ll also use physical signage to attract renters within the neighborhood. These strategies combined with open houses help to expose your investment property to more prospective tenants thus ensuring more swift tenant placement. Our approach to marketing is effective in attracting some of the best candidates. 

Thorough Tenant Screening 

Even though our goal as a trusted Midlothian property management company is to rent out your properties quickly, we still want to take the time to properly screen applicants. We are looking for someone who will reasonably maintain the rental unit during their stay, pay rent on time every month, and abide by all the terms in the lease agreement. 

To find such a tenant, we will conduct background, credit, and rental history checks. We’ll take it a step further and analyze the candidate’s debt-to-income ratio as well as check their eviction history and possible criminal history. This helps us to determine the person’s character and informs our final decision.

We will also reach out to previous landlords to gain a better understanding of who you’d potentially be renting the property to. This level of verification helps to significantly reduce the risk of renting to problematic tenants. As a result, you’re able to ensure more stable returns and gain peace of mind knowing that your property is being well cared for. 

Property Leasing

A lease agreement is a legal document that lists both the landlord's and tenant's rights and responsibilities. We will help you draft a solid lease that protects both your and your renters. You want to make sure that you cover important clauses surrounding maintenance, rent collection, additional fees, subletting, pets, and penalties for violations. 

We’ll also make sure to go through the lease with the tenant prior to signing. This help to reduce miscommunication and conflict during the tenancy. 

Rent Collection

Monthly rent collection can take up a lot of time and effort. What’s more, keeping track of and following up on late or missed payments can cause a lot of stress. Working with professional property managers can be very beneficial when for collecting rent efficiently. 

Our property management professionals will follow up on any late payments and make sure such issues are promptly resolved. In case eviction becomes necessary, we’ll assist in the process and help you find new qualified tenants. Our Midlothian property management company understands the legal requirements involved and we’ll ensure the process is handled in an efficient and respectful manner.

Regular Maintenance

Property maintenance and regular inspections are very important aspects of property management. As a Midlothian, VA property owner, you are obligated to provide a safe and habitable place for your tenants.

At KRS Holdings, we’ve implemented an all-around maintenance service to help protect a property owner's rental. This includes having an in-house maintenance staff working round the clock to keep your investment property in peak condition. Our Midlothian property management experts will respond to any repair and maintenance requests in a timely manner and keep your tenants happy.

Additionally, we’ll strive to minimize repair costs by working with trusted vendors who offer rental property owners materials and services at a discounted rate. These bills and receipts will be shared with you on a monthly basis for your own personal records.