KRS Holdings has been headquartered in Richmond Virginia for more than 10 years and is locally owned and operated. We provide property management services for single family homes and multi-family residential properties including real estate management, leasing, contract administration and accounting. We manage nearly 1,100 properties in the metro Richmond area, including our own, working with both large and small property owners.
Our primary goals are to help improve your cash flow through dogged attention to detail and to help you build wealth through property appreciation.
As a full-service real estate management firm, we offer:
- Tenant placement
- Credit and criminal screening
- Regular property inspections
- Monthly financial reporting
- Maintenance services
- Collections and evictions
With advertising running continuously and a broad reach across property types and locations, we get lots of calls from prospective tenants daily to help keep your unit(s) fully rented. We require each potential tenant to complete an application, then follow up to verify their employment, rental history, and credit & criminal history. This helps assure that your property will have the best tenant possible.
Financial Management and Reporting
- We manage by the P & L statement. We analyze your profit and loss statement to ensure that we are maximizing your bottom line. Our in-house accountant prepares statements and is available to review them with you.
- Prepare operating budgets and forecasts.
- Pay maintenance bills, management fees, insurance, taxes and utility bills from an operating account.
- Collect and deposit rents and other fees.
- Collect and deposit security deposits into an escrow account which accumulates interest.
- Manage and collect funds from laundry and other vending services to be deposited into your operating account.
- Expertly crafted leases reviewed continuously by our retained attorney and modified as needed to minimize your exposure to liability and lost revenue.
- State of the art computer software which allows us to monitor and measure all of your financial transactions.
Property Maintenance and Improvement
- 24/7 On-Call Maintenance so you can sit back and relax
- Save time and money with in-house pest control
- Our in-house maintenance staff ensures that routine repairs are done quickly, correctly and cost efficiently
- Coordinate and negotiate the best terms for trash removal, landscaping and grounds services, interior and exterior common area janitorial services, laundry and vending machine service, appliance repair and replacement, as well as repairs which require major repairs or renovations.
- Fast and efficient turnovers to include cleaning, painting, lock changes and repairs