As a rental property owner in La Crescenta, hiring the right property management company can spell the difference between a life of ease and a life of struggle. If you hire the wrong company, you could end up with a life full of hassle, tedium, and discouragement. But if you hire the right company, you would end up with a life of real estate investing success. Property management is a 24/7 job, and the time and effort that is needed multiply with every rental home you own. The more rental homes you own, the more time and energy it takes to manage each one properly. It would be more than reasonable to hire a property manager to help with the workload and make sure your rental homes stay profitable and occupied. However, the wrong property manager may turn out to be more of a liability by making expensive mistakes.
Other property management companies ask you to set the monthly rate, or worse, just take a guess. They fail to spend the necessary resources to evaluate the rental market and set the best monthly rate. The wrong monthly rate is a big problem whether it’s set too high or too low. If the rent is too high then you might have difficulty renting your home, but if it’s too low then you won’t be getting the profit commensurate to the value of the property; you also run the risk of people thinking something is wrong with the property.
When the property managers at Real Property Management East San Gabriel Valley first sign on with an owner, they begin a thorough property evaluation right away. This ensures that the rental home is ready for high-quality renters. Both the condition of the homes and the current rental market are evaluated to ensure that the pricing of your rental homes is competitive.
Another mistake with financial implications that other property management companies often make is the method they use to attract and screen potential tenants. Some property managers render the bare minimum of service. All they do is put a sign in the yard and run a basic credit history check. They think this is sufficient to attract and screen quality tenants.
Each rental applicant that Real Property Management East San Gabriel Valley considers is thoroughly screened with full background checks. This includes credit, criminal, past rental, and income history. We desire to fill vacancies with the best types of tenants— those that will care for your rental property and stick to the terms of the lease during their stay.
Once new renters have signed a lease, other companies will usually set aside any requests for repairs and maintenance, forcing tenants to bear with the problems. These problems start small but they have a tendency to turn into expensive repairs later on. These companies generally have a high turnover for this very reason, because frustrated renters usually leave a home when their reasonable requests are ignored or refused by their property manager.
At Real Property Management East San Gabriel Valley, we take a proactive management approach to all repairs and maintenance. We hand each of our owners a password-protected account through which they can see the repair and maintenance information of their properties, and this access is available any time. Monthly financial statements and clear, up-front fees put you in charge of your investment.
When a renter signs a lease with Real Property Management East San Gabriel Valley they affix their name to specific, legally binding documents that were created to streamline the terms and outline the consequences of violating those terms. They know from the start that their property manager will be keeping watch over the property on a regular basis, helping them pay attention, too.
Unlike these other business models, Real Property Management East San Gabriel Valley has a track record of delivering quality, comprehensive service— and for good reason. For over thirty years, we have made it our utmost goal to give you a unique method to property management that makes both best practices and top industry tools part of your management arsenal.
As a La Crescenta rental property owner, you need a property manager who will work hard to protect your investment without disrupting your life. By choosing Real Property Management East San Gabriel Valley, you are choosing real peace of mind. Would you like to know more? Please contact us online or call us at 626-600-2884 today.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
