Are you looking to buy an Investment Property in Hampton Roads?
If you are, RentEasy is a great place to start. We have the experience and local market expertise to help you buy the right property in the Hampton Roads area. RentEasy has been helping local landlords manage their rental properties easily and efficiently for years now.
We specialize in a variety of different property types, from single family homes to small multiplex properties.
Why Invest in Hampton Roads?
There are many reasons why Hampton Roads is such a lucrative real estate destination for real estate investors.
For one, the economy is solid. It’s fueled by a booming shipping business, and military- and tourism industries.
Two, there is year-round demand for rental housing. Combined, the military bases in Hampton Roads alone bring in nearly 100,000 active-duty military members. And this isn’t without even counting the family members and contractors that have a huge presence there.
What’s more, the average military order duration goes for around 3 to 5 years. This basically means you may have the opportunity to sign some long-term lease agreements.
Three, the local tourism is thriving. If you’re particularly interested in short-term rentals, Hampton Roads offers the perfect opportunity. Snowbirds from up North up flock the area looking for a milder climate.
Next, Hampton Roads is a great location for outdoor lovers. The area is located between the jaw-dropping shore vistas in the east and the adventurous landscape in the west. Camping, hiking, biking, and water sports are all common in this part of Virginia.
We could go on and on… To sum, Hampton Roads is the perfect investment destination for anyone looking to invest in the southeastern area of Virginia.
How can Rent Easy Help?
Rent Easy is one of the leading property management companies in the Hampton Roads region. The Hampton Roads encompasses 7 distinct cities in Coastal Virginia. The cities are Newport News, Suffolk, Chesapeake, Hampton, Virginia Beach, Norfolk, and Portsmouth.
We devote 100% of our time to the management of residential investment properties. Besides property management, we also work with some of the top real estate agents in the area by acting as their go-to consultant in property management matters.
We would certainly be happy to refer to you one of these professional and principled agents your way to assist you attain your real estate goals.
Being able to provide our clients with a comprehensive team effort is something we take great pride in. So, from buying the investment to running it, you can rest assured we’ve got you covered.
If you still got questions, get in touch to learn more. You can get in touch with us by dialing 757-347-8952 or by leaving your details on our contact form.
What should you expect by Working with Us?
Working with RentEasy for your property investment needs means you have access to our knowledge and experience of the Virginia real estate market. Hiring us means many benefits! Here’s a few of the advantages we offer to our clients:
1. Due Diligence
Rent Easy has the experience and local market expertise to help you crunch the numbers and weigh your investment decision. We can help you understand vital information such as average rents, property taxes, vacancy rates, and tenant turnover costs.
What’s more, we can also refer you to an experienced and professional real estate agent to assist you further. We’ll make sure the agent is the most qualified in regards to the specific property type you’re interested in.
2. Investment Goals
At Rent Easy, our #1 goal is to help prospective investors achieve their goals. That is, help you buy the property of your dreams. We’ll make wide-ranging consultations on things like geographic rent desirability and rent range estimates to ensure you get the best ROI on your real estate investment.
3. Quick Turnaround
Working with Rent Easy means no downtime. Once we understand your goals, we’ll be ready to dive straight into action. And what does that exactly mean? It means doing things like arranging the transfer of utilities, acquisition of keys, and conducting a full survey of the rental.
We’ll also provide you a detailed report on what exactly needs to be done for the property to become rent ready. If you buy a property that requires some upgrading, we’ll advise you on the best way to go about doing them.
4. Property Management
There are many reasons why Rent Easy is a cut above the rest when it comes to property management in Hampton, Norfolk, Chesapeake, Virginia Beach, and Suffolk. The following are some of the things that set us apart.
- We charge property owners a flat rate: $99 flat management fee. Unlike our competitors, our fee isn’t percentage-based.
- We let our clients choose whether let our in-house maintenance crew handle their maintenance issues or do them themselves.
- Our contracts aren’t long-term. You can cancel them anytime without incurring a penalty.
- There are no account set up fees
- The tenant placement fee is a flat rate.
- We offer our clients two guarantees: a $1,000 Pet Damage Assurance Guarantee and a 10-month Tenant Assurance Guarantee. Both come at no additional cost to you.
In addition, Rent Easy has the technology and specific market knowledge to help you fill vacancies quickly. We know how frustrating filling a vacant unit can be, especially if you’re just starting out. At the least, it means operating at negative cash flow.
But by hiring us, you can expect a high tenant occupancy rate. We’ll market your property vigorously and screen tenants thoroughly to ensure an optimal ROI for you.
It goes without saying that Rent Easy is a comprehensive property management company that serves many areas in Virginia. So, besides marketing your property and screening prospective tenants, we’ll also help you collect rent, maintain the property, and even take care of all legal aspects.
So, what are you still waiting for? If you are ready to work with a professional property management company, contact us now! We’ll help you achieve peace of mind all while ensuring you maximize your ROI.
You can reach us by dialing 757-347-8952 or by sending us an email at adrake@renteasyva.com. We look forward to hearing from you!