Hatch Property Management and Sales
Whether you are an investment property owner or in the market to find the perfect rental home to live in, Hatch Property Management and Sales makes the process quick and easy. Our team of experienced professionals understand the Northern Virginia, Maryland and Washington D.C. rental markets and we strive to provide superior customer service to property owners and local residents.
Our team offers full-service property management solutions for investors. We help property owners rent out their home or condo based on their timing and financial needs. Our experience and knowledge of building systems and repairs help owners and tenants alike.
We work with residents to find the perfect property in Washington D.C. as well as Fairfax, Arlington, Prince William, Loudon, and Montgomery Counties within their budget. Hatch Property Management and Sales specializes in providing housing solutions for government professionals and military personnel in the Washington D.C. area.
Enjoy the freedom of working with experienced professionals who understand that the small details matter. We take pride in relieving the stress of rental property ownership by handling the day-to-day matters and filling vacancies quickly. Let us market, manage, and maintain your investment property in a clean and pristine manner.
Work with us to rent out your property or find the right rental home for your family to live. Call or email us today!
~Serving the Northern Virginia, Maryland and Washington D.C. Area~
Latest News
Nothing is more important to a landlord than the peace of mind that the individuals living in their home are treating it as good as, if not better, than you would. Choosing a “bad” tenant can cost you thousands of dollars so it is imperative you choose wisely.
Holidays are over, ornaments and décor are boxed back up and stored away. Everything has been cleaned and I’m sure the home feels slightly empty as you look around. Will this be the year you decide to move? If so, where should you focus your time and money in preparation for a Spring sale? To help you prioritize, here is a list of 10 things the Hatch team advises their sellers. 1. Call the Hatch Team to schedule a walk through for a free professional assessment of current market conditions based on how your house is now, and what you could potentially get for the sale of your home with specific recommendations. 2. Start with the basics of decluttering and depersonalizing. Examples of this are: clear the outside of the fridge, removing all photos, magnets, etc., clear off the counters in the kitchen and baths putting everything out of sight, take down personalized photos from the walls, minimize the décor on shelves and walls, clear off what you have out on your kitchen counters, etc. 3. Pack up all the things you don’t use on a regular basis. This is a great time to go through your kids’ toy boxes and donate/throw away/pack everything they no longer use, organize your office space and dispose of old files and clutter. 4. Once the walls are clear, determine if the walls need to be painted. Is the current color outdated or are the walls scuffed from years of wear and tear? Let us help guide you to choosing a color that works well with your floors. Also, give your walls a pop by painting all the trim work a bright white - door frames, window frames, floor boards, crown molding, etc. Also, how do the doors look? Would a coat of paint give it a fresh look? 5. Be consistent with your light switches, outlets and cover plates. Keep it all consistent. White is the most basic, and also a less expensive route to go that gives the entire home a new look. 6. Floors - what condition are your floors in? Are there stains on the carpet? Scratches on the wood? Broken floor tiles? It may be a quick fix with a professional cleaning of the carpets, sanding the wood floors and adding a new stain, replacing only the broken tiles and adding in fresh grout. 7. Bathrooms - sometimes just a replacement of the vanity and lighting fixture will help give it a new appealing look. Peel off all the caulking around the tub and replace it with a fresh new coat. 8. Kitchen - first determine if it is a total gut job or if a few minor changes would do the trick. Some kitchens just need a coat of paint on old cabinets, new hardware for the handles, updated stainless steel appliances and a new sink to give it the appealing look of a modern kitchen. Whereas others are a lost cause and it’s time to call in a contractor. The Hatch team is skilled in working with contractors to keep them on schedule and making sure the work being done is at a high standard. 9. Exterior Curb Appeal is a must. A few suggestions are to paint the front door to match the siding/brick/shingles/shutters/etc, better. Another option is to add in new mulch just before you go live on the market in the spring, plant some flowers that are a good compliment to the house color. Trim back the bushes and trees and edge the sidewalk and driveway. Click here for more ideas! 10. Do a walk around the property to see if there are any eye sores. Is the fence falling over? Are there miscellaneous items sitting around the shed or yard area that should be put away? Are there patches of grass that aren’t growing? Any pet debris that needs cleaned? Kids toys that can be placed in a shed or garage? Does the garage need to be cleared out to show a potential buyer how much room there is for a car or two to get parked inside? Hatch Property Management and Sales is here to help you every step of the way! Give us a call today to schedule a free consultation. 703.966.2232.
Considering becoming a real estate property investor but need a little guidance on where to start? Here are 6 helpful tips to help you in choosing the best property for your situation. 1) Fixer Upper vs Move-In Ready Purchasing a property that requires renovations can be a daunting task to take on. Things to consider are the cost it will take to get it move-in ready, any mortgage payments to be made during the renovations, and the amount of rent you will be able to get once the project is finished. If the return doesn’t outweigh the cost, then purchasing a move-in-ready home is the better option. We recommend consulting with a Property Manager that specializes in Project Management for remodels and one that is an expert in the area to guide you through the process and would know best the amount of rent you can charge. 2) Condo vs Single-Family Home vs Townhouse There are 3 different styles of home to choose from, a condo, townhouse, or single-family home. A condo would be a smaller space to maintain, with no outdoor maintenance, and many times the utilities are included in the condo fees. A townhome would be minimal maintenance as usually, the yards are quite small. A townhome can be found in the city or the suburbs and is great for a renter looking for an outdoor space for young kids and/or pets but without the daunting task of maintaining a large yard. A single-family home would be a larger purchase in regards to price and maintenance. Many maintenance costs, like landscaping and utilities, are often passed to the renter. 3) ROI (Return on Investment) When factoring in the option to purchase an investment property, the length of time you plan to own the property will come into play. The longer you own it, the more likely it is to make a higher profit when you are ready to sell it. Also, all the monthly mortgage and maintenance should be less than the amount of rent you collect. You will want to maintain a nice cushion for any major issues that could arise long-term, like the need for a new roof, new appliances, or possible water damage. In any situation, we recommend purchasing a home warranty to cover the larger issues that could arise and also having approximately 2 months' equivalent of rent in a savings account specifically for rental property repairs. 4) Costs to consider Depending on the type of property, Condo and HOA fees are a cost you cannot avoid. Condo fees typically are significantly higher than HOA fees. The advantage of a condo is that the condo association will take care of all of the maintenance items for the exterior of the unit, amenity fees for your renter to enjoy, as well as insurance amongst other costs. Property taxes are a yearly cost that will need to be paid. There is the option to add it to the monthly mortgage payments to spread it out over the year. We recommend consulting with your financial or tax advisor. Another fee is the mortgage payment and other fees during any vacancy periods. There is no way to predict this cost, but it is recommended to set aside funds for this situation as well as utilities and landscaping maintenance. 5) City vs Suburbs The closer to a city you get, oftentimes the smaller the square footage of the property available to purchase compared to the same price point in the suburbs. Most often, a condo or townhouse is an ideal option for those wanting to live close to the city. The suburbs will be primarily single-family homes with townhouses and some condo options as well. 6) Rental Demand The area you decide to purchase in will determine the market rent. Consulting with a property manager that is an expert in the area will help make sure you purchase in a rental demanded area. Typically property managers are also real estate agents and can help negotiate a great purchase price for you. If you are looking for investment property experts in the Northern Virginia, Maryland, and DC rental markets, give us a call at 703.966.2232 for a professional consultation to discuss your real estate investing needs.
Contact Us
contact@hatchpmandsales.com
2800 Eisenhower Ave. Suite #210,
Alexandria, VA 22314
