Consistently Adding Value
Edge measures commercial property as a mortgage lender would: that is, how much revenue is the building producing? We seek a trajectory for every location that reflects an upward trend in income. Not every variable comes under direct control; for instance, the draining of commercial tenants in cities across the country due to COVID-19. The factors that can be influenced should all bend toward increasing property value. As noted above, this involves saving as well as investing. Discerning the best tax strategies, refinancing expensive mortgages, attending to maintenance early on, and holding on to positive tenant relationships each play a role in preserving and increasing the overall worth of a property. Edge looks out for the bottom line from every angle of management. Rental property management in Northern Virginia is more than a matter of filling vacant space.
Certain responsibilities like code compliance, for instance, demand thorough knowledge of local and state laws. On the other hand, best practices in this enterprise are common throughout the United States. On the surface, property management might look simple: lease space, clean common areas, collect rents and fix what is broken. Yet Edge seeks to continually improve building performance by also securing superior financing, negotiating win-win leases with tenants, scoping out other profit centers, and winning the best service from vendors.