Bedford County Property Management Company

Let Us Manage Your Bedford County Rental Property

At KRS Property Management we are dedicated to providing exceptional property management services tailored to meet the unique needs of residential property owners in Virginia.

Our company was founded with a simple yet powerful mission: to fill the gap that our President, Kyle Stephenson, experienced firsthand as a residential landlord.

Frustrated by the lack of management companies that truly understood and prioritized his specific needs, Kyle created KRS Property Management—a company designed to be flexible, client-focused, and solely dedicated to property management.

What sets us apart is our exclusive focus on managing residential properties. Unlike many firms that divide their attention between sales and management, our team of licensed real estate agents is 100% committed to managing your property effectively.

Whether you require full-service management or prefer to stay actively involved in the day-to-day operations, we customize our approach to align with your goals.

We can help you reduce vacancies, minimize turnover, and maintain your property’s value. At KRS Property Management, your investment isn’t just another listing—it’s our priority.

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Our Property Management Services

Here are a few of the property management services that we offer.

Vacancy Marketing

At KRS, we take a strategic, results-driven approach to marketing to ensure your rental property attracts tenants quickly and efficiently.

We start by conducting a thorough market analysis to determine the optimal rental price based on current market conditions, neighborhood trends, and the unique features of your property.

To showcase your property in the best light, we use professional photography and compelling listing descriptions that highlight its key amenities.

Your property is then promoted across multiple high-traffic rental platforms, as well as on our own website and social media channels to maximize exposure.

Additionally, we leverage our extensive network of local contacts, including relocation services and real estate professionals, to reach potential tenants.

Our team handles all inquiries, schedules showings, and provides consistent follow-up to maintain strong interest.

By combining data-driven pricing, professional marketing materials, and broad exposure, we aim to minimize vacancy time and secure long-term tenants for your property.

Tenant Screening

Our screening process begins with a detailed application that collects essential information about each prospective tenant.

We then conduct comprehensive background checks, which include credit history evaluations to assess finances, and verification of employment and income to ensure they can meet rental obligations.

Additionally, we perform criminal background checks where permitted by law, always adhering to fair housing regulations to ensure an unbiased and non-discriminatory process.

We evaluate all applicants using consistent, objective criteria to ensure fairness and transparency.

By following this rigorous screening process, we help protect your investment, reduce the risk of late payments or property damage, and promote a positive rental experience for both you and your tenants.

Rent Collection

As a full-service Bedford County, VA management company, we handle rent collection with a streamlined, efficient process designed to ensure timely payments and consistent cash flow for your rental property.

We offer tenants convenient, secure online payment options through a user-friendly portal, allowing them to pay rent electronically via bank transfer, credit card, or other digital methods.

This not only makes it easier for tenants to stay on schedule but also speeds up the payment process for property owners.

In cases where rent is late, we have a structured follow-up process that includes prompt communication with tenants, applying any applicable late fees as outlined in the lease, and issuing formal notices when necessary.

Our team handles these situations professionally and in accordance with Virginia’s landlord-tenant laws to ensure compliance and minimize potential disputes.

Additionally, we maintain detailed records of all payments, providing property owners with real-time access to financial reports through our online portal.

Real Estate Maintenance

Our process starts with preventative maintenance, where we schedule regular property inspections and routine upkeep to identify and address potential issues before they become costly problems.

This helps extend the life of your property’s systems and reduces unexpected repair expenses.

We make it easy for tenants to report issues through an online portal, allowing us to respond quickly and efficiently when maintenance requests arise.

For urgent matters, we offer 24/7 emergency maintenance support to handle critical issues like plumbing leaks, HVAC failures, or electrical problems, ensuring your property is protected at all times.

We work with a trusted network of licensed, insured vendors and contractors who provide high-quality service at competitive rates.

Our team oversees all repairs to ensure the work meets our high standards, and we communicate regularly with both tenants and property owners throughout the process.

By keeping detailed maintenance records for transparency and long-term planning, we pride ourselves on providing our clients with peace of mind knowing their investment is in capable hands.

Financial Reporting

We utilize advanced property management software to track all income and expenses related to your property, ensuring every transaction is documented and easily accessible.

Each month, we provide detailed financial reports that include income statements, expense breakdowns, rent collection summaries, and maintenance costs.

Property owners have access to a secure online portal where they can view real-time financial data, download reports, and track payment histories at any time.

With KRS Property Management, you can trust that your property’s financial health is always a priority.