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Do You Need to be Licensed for Property Management in Virginia or DC?

Eric Guggenheimer - Thursday, December 7, 2017
A common question we get asked by people looking for a property management company in Northern Virginia or DC is, do property managers in Virginia or the District Of Columbia need to be licensed? And if so, how can I confirm whether a property management company is in fact licensed? The state of Virginia changed a very specific law in ...

5 Tips on How to Prevent Property Damage this Winter

Eric Guggenheimer - Tuesday, October 31, 2017
Winter is coming and with it comes colder temperatures that can damage property if you haven’t prepared properly. Follow these 5 tips on how to prepare your property and prevent damage from cold weather. 1. Keep Your Pipes Warm Frozen pipes can be one of the most costly damages brought on by cold weather, with th...

What to Expect with Your Circle Property Management Home Inspection

Eric Guggenheimer - Sunday, September 24, 2017
Getting your home inspected isn’t just for new homebuyers. At Circle Property Management, we provide a home inspection for all our new clients. Having your investment property inspected is essential to creating a better tenant experience, lowering risk of property issues, and controlling maintenance costs. Here, we discuss exactl...

Things You Should Consider When Hiring a Property Management Company

Eric Guggenheimer - Sunday, August 20, 2017
Congratulations on making the investment into a rental property. Chances are you’re excited to get started and make some cash! Of course, purchasing your rental property is just the beginning. When you’re considering hiring a property management company, it helps to think about what needs to be done. Are you prepared to take ...

3 Potential Pitfalls of Managing ‘Investment’ Rental Properties Yourself

Eric Guggenheimer - Sunday, July 2, 2017
Professional property management is like your insurance policy. You pay your landlord insurance policy faithfully every year, knowing you’re covered. When you consider the added value you receive from professional management of your property in addition to this policy, the real value you receive is a bargain for the price!   W...

Reasons to Use a Property Manager to Purchase Your Investment Property

Eric Guggenheimer - Sunday, June 4, 2017
Investing in a property is a big decision. You want to consider all the details when it comes to buying a property for the sole purpose of using it as an investment.   For this, it helps to have people who know all about investment properties and the benefits, challenges, and risks they represent, namely professional and experienced...

2016 Year End Rental Market Condition Report

Eric Guggenheimer - Tuesday, March 7, 2017
Circle Property Management has closed the books for 2016 and now we reflect on the positive events throughout the year. There was some surprising moments as well as positive numbers for the rental market compared to 2015. The year started strong but stalled in September, October and November. We did have a surprise bump in December which ...

2016 October Rental Market Conditions Report

Eric Guggenheimer - Tuesday, November 15, 2016
October is following a steeper trend started in September. The downward trend began in July and has seen a steady decline every month. This is compared to units rented in 2015; we are seeing levels similar to 2012 and 2013. Units rented compared to 2015 July -1.8% August -1.4% September -12.3% October -16% Active units c...

Market update 2016 January thru August

Eric Guggenheimer - Tuesday, September 6, 2016
Our region and all of Fairfax County have performed well in comparison to 2015. We have seen small gains in Average Rent, improved Days on Market, with a significant improvement with Active Units. The quantity of Units Rented has remained constant through out the years, with very little difference year over year. The variable in obtaining...

2015 Year End Market Condition Report

Eric Guggenheimer - Tuesday, February 16, 2016
Rental Over-Supply, reverses trend in November vs. December (17% + above average supply) The Rental and Sales market for 2015 was interesting to say the least. We have seen the supply of rentals go from a high of 20% above average supply to parity by the end of the year. This has been a marvelous reversal of a trend we began to worry ab...

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