Management Services

Do you own an investment property/property in the Greater Richmond area or the Fredericksburg area? Are you looking for a knowlegeable, professional property management company? If so, look no further! Berkshire Hathaway HomeServices PenFed Realty Property Management Division is your answer.

We are a full-service property management company who effectively manages investment properties, finds qualified residents, maintains property standards, and addresses resident issues, and navigates the legal aspect of investment properties by providing the following services:

1. Finding qualified tenants through our online presence and the MLS.

2. Providing thorough tenant screening services.

3. Effectively communicating with both owners and residents.

4. Drafting lease agreements, provisions, and required disclosures.

5. Enforcing lease terms.

6. Addressing non-paying residents through the legal eviction process.

7. Maintaining property standards through regular inspections, prompt repairs and/or updates/upgrades.

8. Complying with all federal, state, local, and homeowner associations laws/rules and regulations. We strictly adhere to the Virginia Residential Landlord Tenant Act (VRLTA)

With extensive expertise in property management throughout the Greater Richmond and Greater Fredericksburg areas, PenFed Realty Property Management Division has successfully assisted numerous investors in minimizing expenses while maximizing profits. Allow us to extend our proven strategies to you, ensuring parallel success in your investment endeavors! 

Specializing in the management of single-family homes, duplexes, and small multi-family homes, we accommodate portfolios of many sizes with unparalleled proficiency. 

Our service areas encompass the City of Richmond, Chesterfield, Henrico, Hanover, Goochland, Powatan, Prince George, Spotsylvania, Stafford, and the City of Fredericksburg. Embrace the opportunity to experience our exceptional services firsthand! Contact us today at 804-915-4089 for a comprehensive, complementary, property analysis!