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MAINTENANCE

Landlords are legally required to provide rental property that is livable and meets basic structural, health, and safety standards. There are also very real financial incentives to protect and enhance the value of the property investment for the owner.

KRS Holdings takes maintenance matters very seriously to ensure tenant satisfaction and landlord security. Evidence of that is our commitment to a full-time maintenance coordinator to orchestrate solutions to satisfy tenants, owners, and service providers.

Uniquely, KRS supports a full-time in-house maintenance division. That means minor repairs are done by our team; thus, minimizing owner costs and accelerating service response times for tenants.

For more complex maintenance issues, KRS has a network of preferred vendors who bill at special discount rates. In turn, passing on the savings to you, the property owner.

Vendor bills and receipts are emailed monthly with the Owner Statements and are also available through our online Owner Portal.

How this benefits you:

  • We offer quality repairs at competitive prices
  • You can rest easy knowing your home is protected nights, weekends and holidays
  • Accurate billing so you can keep track of your investment
  • Prompt response to protect your property and keep your tenants happy

CONNECT WITH US!

Residential rental investors … do you seek diversity in choosing where to invest? Look no further than Northern Virginia (NoVA), an area that claims as home to one-third of the population of the Commonwealth of Virginia.

Ability to pay rent is obviously a key element to attract and retain quality tenants. When it comes to investment options, Forbes magazine touts 5 of the 10 richest counties in the U.S. to be in Northern Virginia. That said, consider these possibilities as you research demographics that are complementary to your real estate investment business plan.

  • Falls Church City
  • Loudoun County
  • Fairfax County
  • Arlington County
  • Stafford County

So, you have an edge right off the bat … meaning more people have more money to pay rent! Also, rest assured federal jobs aren’t going away any time soon. Additionally, a home purchase is either not financially feasible or simply undesirable for many people in NoVA which should yield a steady stream of renters with superior incomes.

As the old, but totally accurate, adage goes … when it comes to investing in real estate, the three words that govern successful decision-making are Location, Location, Location. Location is the strong suit that NoVA delivers. Consider these key characteristics and their attraction to tenants.

  • Proximity to the U.S. Capital, Washington, D.C.
  • Employment opportunities with the Federal government
  • Local and regional economies are cushioned from economic swings, as many businesses are connected to providing services for the Federal government.
  • Military presence is a thriving segment of the local economies
  • Military and government employees are often transient which drives demand for rentals
  • Public transportation is widespread and well-managed which makes for easy commutes

And no discussion of the future for residential rental investors in NoVA would be complete without considering the impact of Amazon on rents and the enhanced need for rental units.

Amazon’s second headquarters will be in National Landing, which includes parts of Crystal City, Pentagon City and Alexandria, all suburbs of Washington. The company plans to hire 400 employees for its headquarters by the end of 2019, plus add 1,000 to 1,500 employees in subsequent years to an anticipated goal of 25,000 over the next decade.

KRS Holdings, Inc. has specialized in Northern Virginia property management for many years. Be sure to talk to one of our local Northern Virginia leasing agents before you purchase your next investment property to get rental analysis. Our team of dedicated agents are devoted to helping fill your vacancies, reduce turnover, and protect your investment of your rental property. Our guiding principle has always been to maximize the value of our clients’ residential assets, while we minimize their time commitment. It is because of this passion for property management that we now manage over 4,000 units over the commonwealth.

service areas

NORTHERN VIRGINIA

  • Northern Virginia
  • Alexandria
  • Arlington
  • Annandale
  • Centreville
  • Dumfries
  • Fairfax
  • Falls Church
  • Fredericksburg
  • Vienna
  • Centreville
  • Great Falls
  • Woodbridge

TIDEWATER

  • Tidewater
  • Norfolk
  • Portsmouth
  • Virginia Beach
  • Williamsburg
  • Chesapeake
  • Hampton Roads
  • Newport News

RICHMOND

  • Richmond
  • Sandston
  • Henrico
  • Tricities
  • Midlothian
  • Chesterfield
  • Ashland
  • Mechanicsville
  • Glen Allen
  • Short Pump