Hampton Property Management Company
Let Us Manage Your Hampton Rental Property
Are you a property owner looking for a dependable Hampton property management team for your real estate investment properties? Look no further than Redsail Property Management!
RedSail Property Management is a professional property management company operating in Newport News and other cities across Virginia. Since 2016, we have strived to provide exemplary property management services for property owners. Our services aim to make owning investment property easier and stress-free for all property owners.
We are a highly experienced property management team specializing in managing all kinds of rental properties in the real estate market, including single family homes. Our professional property managers take away the pressures involved with self-managing a rental property.
Here at RedSail Property Management, we value each of our clients and help landlords gain a reliable source of passive income. To make our management agreement and services more efficient, we use some of the latest technology on the real estate market and implement the best practices in the property management industry.
As a company, we want to make your investment journey more fulfilling and help property owners earn a considerable return on a property investors property. Reach out to us today for top-tier property management services in Hampton, VA.
Our Hampton Property Management Services
Here at RedSail Property Management, we offer comprehensive property management services that each help to level up your investment rental property. Some of our professional property management services include:
Rental Marketing
For your Hampton rental to become profitable, it is vital that landlords achieve a high occupancy rate. Marketing your rental is an effective way of creating exposure and attracting prospective tenants to rent your investment property whether property owners own single family homes or a multi family property.
Thankfully, RedSail Property Management has an expert team that works tirelessly to find the right tenant for your property. Our marketing strategy involves professional photography followed by listing on over 100 different real estate websites. We also place physical signage on the property and use word of mouth to attract prospects living in close proximity.
Our marketing strategy has proven to be particularly effective in minimizing vacancy rates for landlords. In fact, the average time our properties remain listed on the real estate market is only 7 to 10 days!
Tenant Screening and Placement
Screening potential tenants is a process that involves finding out as much relevant information as possible about a potential tenant, before they rent your Hampton real estate investment. This information ultimately guides rental property owners decisions regarding tenant placement. It is therefore imperative to have a thorough tenant screening process that covers all the bases.
Here at RedSail Property Management, we carry out multiple checks on tenants' background and finances like credit checks. This helps us to build the prospective tenants' profiles and to decide whether or not they are suitable for that particular property. The ideal individual is then offered a lease followed by the collection of a security deposit. This ensures we only rent to qualified tenants.
Rent Collection
Timely rent collection is an important aspect of managing an investment property. Our professionals take this very seriously and strive to collect the full rental amount at the end of each month in a timely manner. This allows rental property owners to meet their expenses and enjoy greater financial freedom.
To make our processes more efficient, we allow tenants to pay rent online. In case of any late payments, you can rest assured knowing our property management team is able to follow up with the tenant about how much rent they owe and find an adequate solution to ensure you always get your rental income.
Property Maintenance
To keep your Hampton rental well maintained, our team will carry out routine property inspections and maintenance checks that will help us identify any potential maintenance issues for repair for rental owners. This preventive approach to property maintenance is vital in averting damage caused by minor issues within the rental. Overlooked issues can cause extensive damage to the property and drive up repair costs.
Our property managers will also attend to any repair or maintenance requests made by the tenants. Furthermore, real estate owners will have access to a network of suppliers and repair specialists to provide you with quality materials and expert services. As your Hampton property manager, we’ll ensure your rental remains well taken care of.
Financial Reporting and Analysis
Like any income-generating business, investment properties can be adjusted to increase the amount of revenue earned. To do this, however, owners would require detailed accounting on the performance of their rentals. This financial reporting is crucial in making good financial decisions.
Financial reports are also necessary when calculating your total tax obligations. As part of our property management Hampton VA services, you will receive full monthly reports on your property’s finances. These reports can be accessed through the owner’s portal at your own convenience.
About Hampton, Virginia
Hampton is an independent city found in the Commonwealth of Virginia. It is considered to be part of the Hampton Roads Metropolitan Statistical Area.
Hampton is a coastal city, located along the coast of Chesapeake Bay, with some of the most breathtaking views in Virginia. The city is known for having both natural and historical sites that attract visitors from all over the state. It is also popular for having a NASCAR short track, a bastion fort, and the oldest Anglican parish on the continent.
The city also boasts of providing a high quality of life and a good education system to its residents. Commodities are also fairly affordable, with the cost of living falling below the national average. Coupled with the available opportunities for work and business in the local economic market, these factors make Hampton a great place to live.
In addition, there are multiple areas for recreation within the city. Some of them include the Hampton Coliseum, Peninsula Fine Arts Center, and the American Theater.
(Source: Wikipedia)
Areas We Serve
We are proud to serve the following areas in Virginia: Isle of Wight County, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg, Portsmouth, Gloucester, Smithfield, Carrollton, Poquoson, York County, Suffolk, James City County, Gloucester County, Toano, Kiln Creek, and Yorktown.