If you are in the business of owning income properties for a significant period, you are then aware of the potential and financial rewards you can gain. On the other hand, you most likely discover the importance of committing considerable effort and time to manage the property well. It may make sense to handle everything yourself if you are the hands-on type of person, provided you live closely to your properties, and you don't mind devoting few hours of your time to the task every month. However, over time, it will not be practical for you, especially if you have plans to expand your business. Thus rental management companies DC are critical to assist you with your business.
Most rental management companies will charge you ranging from 6% to 12% of your property's monthly rentals. It might be a bit expensive but the peace of mind you acquire and time you save on their handling of all responsibilities of your rentals will surely compensate for it.