• Saves you time, work, and stress.
• You don’t have to hire someone to clean, paint, or make repairs.
• You don’t have to advertise, take rental calls, and show the property.
• You don’t have to screen applications and be apprehensive about who to pick.
• You don’t have to execute a rental agreement, worry about adding addendums, fill out the move-in inspection report, and deposit money.
• You don’t have tenants calling at all hours of the day and night.
• You don’t have to confront tenants on tough issues like collecting rent or taking better care of the property.
• You don’t have to collect NSF checks.
• You don’t have to serve legal notices or start an eviction.
• You don’t have to schedule and fill out the move-out inspection report.
• You don’t have to mail the tenant’s accounting report and refund check.
• You don’t have to start the process all over again.

You don’t have to worry about the property or be shocked by its condition when you hire a Professional Property Manager. We are dedicated to selecting quality tenants and keeping your investment in good repair with minimal cost. We want your real estate investment to be a success not a failure. One last benefit – your leasing and management fees are usually a tax deduction.

Are there good reasons for managing your own rental property? Are they worth the risk?

NARPM is a professional organization that promotes education, designations, and networking as a resource to empower its members with knowledge and skill.

A NARPM member honors and subscribes to a Code of Ethics and Standards of Professionalism.

The result is quality service for you and the community.

Making sure the right tenant is in your home is the first and most important step in having a good rental landlord experience. We screen all tenants and make recommendations to our owners based on credit, criminal, eviction, sex offender checks and employment verifications.

• The owners have been licensed professionals for over 15 years and are also rental property owners.   Industry knowledge combined with true hands on landlord experience give us a realistic perspective and puts us in your shoes too.
• We work hard to stay current on legislative changes on national, state and local levels that may affect you.
• We are active members of NARPM which is the National Association of Residential Property Managers.  This organization works hard to set high standards for the industry and creates an environment of learning among property managers nationwide.

• When your property is shown for rent, we make sure any prospective tenant is accompanied by someone from our company or another licensed Realtor.
• We have electronic lockboxes that register the name, date and time of anyone who goes through the home.
• In an emergency we are equipped to respond quickly to avoid any larger problem.
• We take extensive photos of the property before a tenant moves in and after they vacate to compare the condition.

• Because we put every listing into the MLS (Multiple Listing Service), it is exposed to all agents in the DC metropolitan area who may have a tenant for your home.
• Additionally, we advertise through our website, Craigslist and various other online rental sites.
• We are knowledgeable about the market rents and trending and by pricing the property correctly we can secure a good tenant quickly.
• We have agents who can show your property 7 days/week.

• Our management fees are very competitive in the industry.
• We offer many additional services that our owners can take advantage of to save money and keep their properties regularly maintained and checked.

• Since owners are all over the world, we have to make sure you can get the information you need easily.
• We have easy online access – anytime, anywhere.  Owners can use the Owner Portal to access their account and see their statements, invoices and past history.
• We strive to get your rent to you quickly and by mid month rather than 30 days after the rent is received.  We use ACH through our bank so money is sent directly to your account so you can receive it fast.
• We take high quality marketing photos of the property and use those in our print marketing materials and also online.
• Our software is web based so our staff and property managers can access anything they need easily through their smartphones, Ipads or computer.

If you would prefer to not receive a phone call at 3:00 AM about a leaking water heater or broken furnace, Richey Property Management offers a Monthly Management Service. We will handle all aspects of caring for your property on a 24 hour a day, 7 day a week basis. This plan includes the following:

• Consultation Service
• Annual Market Analysis
• Monthly Rent Collection & Maintaining the Tenant Relationship
• 24/ 7 On-Call Emergency Availability
• Provide/ Supervise Maintenance
• Payment of Bills Including:
• Mortgage
• Insurance
• HOA Dues/ Fees
• Property Tax
• Utilities
• Secure Online Owner Access
• Retain Legal Service (at Owner’s Expense)
• Help Protect Your Investment
• Peace of Mind

Our Monthly Management Service pricing normally ranges between 8-9% of the rental income each month. Leasing Service fees are calculated separately.