Property Management in Adams Morgan, DC
Coakley Realty, along with its affiliated companies, provides comprehensive property management in Adams Morgan for commercial and residential property owners. Coakley Realty has established itself as a leading provider of property management services in the Adams Morgan area by delivering the service, expertise, and experience property owners and investors require.
We currently manage and oversee more than 350 residential and commercial tenants in the Washington metropolitan area.
There are a variety of factors that determine success in a real estate investment. Marketing your property correctly, qualifying and retaining the best tenants, and maintaining your property in top condition—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.
When you need property management in Adams Morgan, contact the experts at Coakley Realty. Our highly skilled property managers can help you make your investment property a success.
Property Management Services in Adams Morgan
The Coakley Realty philosophy for property management in Adams Morgan 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 purchase to ongoing management of the property and ultimately the property sale.
We provide the following property management services in Adams Morgan:
Real Estate Portfolio Management
- Investment Property Purchases/Sales
- Residential Property Management Services
- Commercial Property Management Services
Tenant Management
- Property Marketing & Leasing
- Lease Administration
- Tenant Qualifications
- Collections
Building Maintenance & Renovation
- Building Service Contracts
- 24-hour Emergency Maintenance Service
- Inspections
- Contractor Management
Financial Reporting & Services
- Budgeting
- Rent Rolls
- Monthly Reporting & Financial Statements Management
- Balance Sheets
- Direct Deposit
and commercial real estate
Property Management in Adams Morgan
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 Management.
Rory S. Coakley has been involved in the Washington 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.
Complimenting Rory Coakley’s experience is James C. Dailey, co-founder, who 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 including retail sites. 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
- Hotels
- Retail Centers
- Self-Storage Facilities
- Warehouses
- 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 the level of service that sets a superior property manager apart from the competition.
To learn more about property management in Adams Morgan, contact Coakley Realty today.
Property Management FAQs
Why not manage my property myself?
Although many people choose to manage their rental properties themselves, it is a long and very time-consuming commitment.
How do you select a qualified tenant for my property?
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.
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.
Schedule Services with Our Property Management Company in Adams Morgan, District of Columbia
When you need property management services in Adams Morgan, 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 Adams Morgan or the surrounding Washington, DC area, give us a call at 301-340-8700 or contact us online!