Fairfax Property Management Blog

Staying Informed: The Latest Real Estate News and Market Updates

Virginia is currently experiencing a seller's market because of rising median home prices and not enough homes for sale to meet demand. The slow market has caused a decline in sales, but it's not expected to crash.2024 could be a great year for Fairfax, Virginia real esta...

New Construction Homes: What to Know Before Buying Off the Plan

Charming, cozy, and full of character? More like old, small, and dilapidated. If the thought of buying an older home makes you cringe, maybe you should buy new construction instead.But new construction homes come with their own set of potential issues. Here's what you need to...

Lease Audit and Cost Recovery: Maximizing Revenue for Commercial Property Owners

Renting out a commercial property can provide exponentially higher income than a residential property. This is a double-edged sword, though, as vacancies hit much harder. Due to supply outpacing demand, commercial property vacancies have risen to approximately 4%.It's crucial...

A Guide to Commercial Property Performance Optimization

Are you thinking about moving into the commercial real estate space?Your first step is to dive into the latest statistics to find opportunities. For example, multifamily buildings perform well. You also have retail storefronts, office buildings, warehouses, and the hospitality se...

A Property Owner's Guide to Commercial Property Due Diligence

You can't wait to purchase your first commercial property in Virginia, but you're concerned about whether it's the best place to invest. Don't worry - your future looks promising if you're investing in property.Research shows Virginia's office, industrial,...

Capital Improvement Planning: Investing in Upgrades for Commercial Properties

Imagine the scenario: You have a commercial property in a prime location. But the actual building is drab and dull, or the features are outdated. That's going to make it a lot harder to bring in new tenants.That's where investing in capital improvements can help. But what...

What's Happening in the Fairfax, Virginia, Real Estate Market?

Just over 20,000 people live in Fairfax. Despite the low population, it's a booming market for any real estate investor. But what do you need to know about the market in this area?We've got you covered.Read on to learn what you need to know about the real estate market in...

Security Deposits in Fairfax, Virginia: A Guide for Landlords

It's estimated that there are roughly 20 million rental properties in the United States. For the landlords and property management companies that run these rentals, security deposits are a vital tool for protecting investments from potential tenant damage.However, despite the...

Tips for Rental Property Accounting Records

You've just become a new landlord in Fairfax, VA, which means you will be making a passive income of an average of nearly $2,000 a month. However, you might realize that being a landlord isn't so passive once it's time to organize your finances.If rental property acco...

Why Choose Full Service Property Management?

About 45% of landlords manage their own properties. Without help, however, you could find yourself juggling too many responsibilities alone. Relying on full-service property management services can help you avoid burnout.On the fence about hiring someone to manage your rental pro...