This is one of the most important aspects of property management, and we take the tenant selection process very seriously to ensure only the most trustworthy and responsible people are in your rental property.
Property Management Company in Maryland, Washington, DC & Virginia
Trusted Property Management Services in Montgomery County
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Coakley Realty and its affiliated companies provide comprehensive property management services for commercial and residential property owners in the Maryland, Northern Virginia, and Washington, DC areas. By delivering the highest quality service, expertise, and experience that discriminating property owners and investors require, we have established ourselves as one of the premier property management companies in the Washington, DC area, and we currently manage and oversee more than 350 residential and commercial tenants.
If you’re interested in professional and reliable property management services in Falls Church, Silver Spring, Rockville, or the surrounding areas in Montgomery County, MD, Washington, DC, or Virginia, contact Coakley Realty today or give us a call at 301-340-8700.
Our Property Management Services in DC, MD & VA
There are a variety of factors that determine success in a real estate investment. Marketing your property correctly, qualifying and retaining the best tenants, maintaining your property in top condition, and more—these are all crucial elements that determine your ultimate return on investment. Choosing a seasoned property manager is the single most important decision you can make in protecting your real estate investment and maximizing cash flow.
The Coakley Realty philosophy for property management services is to provide you with a single source for all your property management and leasing needs. We pride ourselves on being able to handle every aspect of the investment property life cycle, from the initial purchase to the ongoing management of your property, and ultimately the sale of your property.
Some of our property management services include:
- Investment property purchases/sales
- Residential property management services
- Commercial property management services
- Property marketing and leasing
- Lease administration
- Tenant qualifications
- Establish and maintain building service contracts
- 24-hour emergency maintenance service
- Contractor management
- Rent rolls
- Monthly reporting and financial statements management
- Balance sheets
- Direct deposit
To learn more about why we’re one of the best property management companies in Maryland, Washington, DC, and Virginia, give us a call today at 301-340-8700!
Why Coakley Realty Is the Property Management Company for You!
Coakley Realty draws heavily upon the knowledge and extensive experience of its senior management to provide a wide range of property management services. This includes the direct involvement of Rory S. Coakley and James C. Dailey, co-founders of Coakley Realty.
Rory S. Coakley has been involved in the Washington, DC area real estate industry for over 29 years. During this time, he has acquired experience in a wide variety of areas, including commercial and residential sales and leasing. He founded Coakley Realty, a full-service real estate firm, in 1989 and is a licensed Real Estate Broker and Certified General Appraiser in Maryland, Virginia, and the District of Columbia. Mr. Coakley is a graduate of Georgetown University and obtained a Master of Science degree in Real Estate and Urban Development from the Kogod School of Business, American University.
Complementing Rory Coakley’s experience is James C. Dailey, co-founder, who also brings more than 35 years of experience in the property management and homeowner association management industries. He is currently involved with several real estate companies, acting as Controller and Chief Financial Officer. He is responsible for all general accounting functions, financial statements, tax returns, and budgets. In addition, Mr. Dailey has extensive experience in structuring real estate partnerships, leasing partnerships, and retail businesses. Mr. Dailey received his undergraduate degree from Wake Forest and an MBA in Finance from Emory University. He is also a Certified Public Accountant and a licensed Real Estate Broker.
Mr. Coakley and Mr. Dailey also own and manage their own investment properties including:
- Office buildings
- Retail centers
- Self-storage facilities
- Single-family homes
- Land parcels
As a result, you can be assured that they will not only understand the unique requirements of real estate owners but also offer the level of service that sets a superior property manager apart from the competition.
To learn more about our property management services in MD, DC, and VA, contact us online today!
Frequently Asked Questions About Management
What exactly does a property manager do?
Commercial and residential property managers handle everything from collecting rent to finding tenants and conducting routine inspections. They establish rental rates based on local factors, calculate overhead costs, and contract with tenants by negotiating leases and collecting security deposits. They handle digital and physical copies of marketing flyers and brochures, oversee your property listing page on our website, and broker email campaigns to actively promote your residential or commercial property. They also employ leasing signs and other traditional, offline marketing techniques and strategies. They list your property on the real estate listing sites brokers use to find available properties.
Our property managers handle other marketing services, too, like listing your property in our monthly inventory report, branding assistance, virtual tours, social media campaigns, and other marketing avenues. Coakley Realty’s property management team also provides financial reporting services such as budgeting, rent rolls, balance sheets, and direct deposit.
How do property managers make their money?
The cost of residential or commercial property management is a primary concern when deciding whether to make the investment. Property management fees cover the day-to-day management of your property. Management fees are typically a percentage of the gross collected rent, and rates vary by market.
What qualifications do your property managers have?
The experienced team at Coakley Realty creates customized marketing and tenant placement plans to market your commercial or residential property vacancies, target the right audience, screen applicants, and prepare leases. Our team’s in-depth knowledge and years of experience in residential and commercial property marketing and leasing enable them to quickly market your property and find the most appropriate tenants. They use the latest marketing tools to strategically position your property.
Have additional questions about residential or commercial property management in the greater Washington, DC metro area? Contact Coakley Realty online or call us at 301-340-8700 to learn more.
How do you select a qualified tenant for my property?
When I have a property manager, do I still have to pay for property repairs and maintenance?
In short, yes. You will be required to pay for all property repairs and maintenance; however, when you select a qualified property manager like Coakley Realty, we will schedule all needed repairs with one of our trusted maintenance companies.
Why should I choose Coakley Realty as my property management company?
Our property managers have the most extensive and thorough experience in the area. For over 23 years, homeowners and investors have trusted us with their properties in Maryland and Washington, DC.
How much can I charge for rent?
When you decide to rent your home or investment property, you want to make the most amount of money without having lengthy vacancy periods. But there are a lot of factors that go into determining how much you can charge for rent.
Should I furnish my rental property?
One of the decisions you have to make when deciding to rent your home or investment property is whether or not to have it furnished. There are a number of factors that go into whether or not a furnished rental home can be considered an option.
What property management laws do I need to know?
When managing property, you must comply with state and federal laws regarding discrimination, property damage, tenant welfare and eviction.
What should be included in a lease?
When managing property, you have to decide whether to offer a lease or a rental agreement, in addition to deciding what terms to include in your lease or rental agreement.
How do I prepare my property for tenants?
How to get a house ready to rent isn’t always as easy as it sounds. There is a lot that needs to be taken care of before a home or investment property is ready for tenants.
Should I have a pet-friendly rental home?
Deciding whether or not to allow pets in your property can be a tough decision. There are pros and cons to having a pet-friendly rental home, which can cause the profit to increase or decrease.
What should I know about living in a historic home?
Owners are expected to maintain the historical significance of the property and must receive approval through special permits before making any improvements. We’ve found in many cases there are strict rehabilitation guidelines, which may allow the homeowner to repair, but not rebuild or replace existing or previously existing parts of the property.
Will a historic home cost less than a newer home?
There are often tax credits and low-interest loans offered for preserving and restoring historic buildings, properties, and homes. It can help to work with a real estate company that has experience with historic properties—that way, you can rest assured you’re getting the best results possible.
Property Management Staff
Rory S. Coakley
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Schedule Services with Our Property Management Company in Silver Spring or Rockville, MD
When you need property management services in MD, VA, or DC, contact the experts at Coakley Realty. We can help you make your investment property a success by helping you every step of the way and taking care of all the details. Call us today to learn more!
To schedule services with our property management company in Silver Spring, Rockville, or the surrounding areas in Montgomery County, MD, Washington, DC, or Virginia, give us a call at 301-340-8700 or contact us online!
We offer property management services in Silver Spring, Rockville, Bethesda, Adams Morgan, Alexandria, American University, Ashton, Cabin John, Chevy Chase, Cleveland Park, Darnestown, Derwood, Fairfax, Falls Church, Foggy Bottom, Friendship Heights, Gaithersburg, Garrett Park, Georgetown, Germantown, Glover Park, King Farm, McLean, North Bethesda, North Potomac, Northwest, Oakton, Potomac, Seven Locks, Spring Valley, Vienna, Washington, DC, Wesley Heights, and the surrounding areas in Maryland and Virginia.
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