Wellington Development Group:

Property Management

About us

Management

Having a successful Virginia Beach rental property requires a lot of time, effort, experience and knowledge. Let us save you that time, effort and frustration that comes with gaining that experience.

 

As a full service Virginia Beach property management company, our team is responsible for taking care of all aspects of managing your rental(s).

 

How much rent can you get for your investment?

Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.

 

Expansion to regional locations of Virginia of Spring 2024!

 

 

Services

 

Our Accountng process is seemless and user friendly. 

 

We track your financials and reports monthly through our secure, advanced and fully automated web-based accounting system. With our detailed financial reporting tools, it's never been easier to keep tabs on your investment.

Income and Expenses are further available at all times through the Owner Portal – just login and go!

Convenience and self service for review of all statements

Download owner statements, income reports and tax forms

Log into your owner portal to view statements & more, such as:

Rent collection and processing

Payment of maintenance vendor bills

Payment of monthly items at the request of owners

Owner statement and direct deposit by ACH processing to your bank account

On an annual basis, you will also receive the following:

Tax statements and 1099s

Annual summary owner statement

 

 

TENANT PLACEMENT

We provide photography, marketing/advertising, screening, leasing, move-in inspection, smoke detector inspection and then turn them over to you for management.

 

FULL SERVICE PROPERTY MANAGEMENT

Full scale property management including tenant placement and screening, leasing, lease enforcement, tenant disputes and collections, inspections, maintenance & repair

 

Professional Rental Market Analysis

Pricing the home correctly is one of the most important factors in getting it rented quickly. Overpricing the home will cause the property to rent less quickly, costing you time and money.

We start with a competitive rental price analysis which combines market data with our professional knowledge of current market conditions to give you the most accurate rental price possible. This will get the home rented fast and for the most that the market will bear.

Professional Photos and Video Tours

If your property doesn’t look good online then prospective tenants will not want to come view it in person. We take professional photos and 3D Matterport tours of our homes - In our experience properties that have professional photos and a 3D tour get rented much faster.

Online Advertising Exposure

We market your property through our property management software called Appfolio. It then syndicates the listing out to several websites, including all the popular rental sites like Zillow and Trulia- and dozens more.

 

TENANT SCREENING

We strive to get your investment rented quickly, but feel it is important to get the RIGHT tenant versus the FASTEST tenant! Spending time up front and finding the BEST tenant for your rental creates a good experience all around, versus one that is stressful and frustrating.

Oftentimes people think they just need to do a quick credit check and verify employment but there’s more to it than that. Our high quality tenant screening process digs deeper. We gather extensive information on the following:

Credit Check

Employment verification

Debt to income ratios

Eviction history check

Criminal history check

Previous landlord calls

Our screening process is not just based on a credit score only - we take a comprehensive look at the overall applicant. This process has proven to be extremely successful.

 

RENT COLLECTION

Collecting rent is easy if you have the perfect tenant who pays on time! But what if they don’t? Having someone in your corner who knows tenant law and the proper notices to send is critical!

If a tenant has gone beyond the grace period of the lease we provide them with a late rent notice where we document the appropriate late fees along with the normal rent amount. Worst case, if we have a tenant that does stop paying rent, we will assist in the eviction process and re-renting the property quickly.

We make paying rent easy for tenants with the online tenant portal that can be accessed 24/7. We encourage tenants to pay online, which means we can pay you faster.

Rent is due on the 1st and is considered late on the 6th. Once we collect rent, we withhold it for 3 business days to ensure that it clears, and issue it to you on the 4th business day. Because of this, we pay our owners all month long. No waiting to get your rent!

 

WHY ARE WE CHOSEN AS THE BEST PROPERTY MANAGEMENT COMPANY IN  VIRGINIA ?

 

TENANT SCREENING

Comprehensive screening of your tenants credit history, bankruptcies, judgements, evictions, employment and rental history.

 

DEDICATED SHOWING AGENT

We only show our own properties as we work for YOU.

 

FUTURE PLANNING

Roughly 90 days prior to any lease end, we will reach out to go through your future plans for your rental home.

 

MOVE IN INSPECTION

Professional move in/move out inspection by a professional third party property management inspection company.

 

RENT/ DELINQUENCY

We are very aggressive in ensuring you are paid on time, every time, or we begin the legal process for you – at no charge.

 

OWNER PORTAL

Your owner statement and financials are placed on an easy to use Owner Portal.

 

CO LIST FOR SALE/FOR RENT

You deserve options which is why if you can’t decide to rent or sell, we will do both and you can go with whichever happens first.

 

FINANCIALS

You deserve to see all money in and all money out of your rental property including work order invoices and photos of completed work. All of this is available in your monthly owner statement.

 

***And, so much More....