Are you drowning in responsibilities as a rental property investor? In the words of Coldplay, "Nobody said it was easy, no one ever said it would be this hard." Well, it doesn't have to be this hard.
With the help of a property management service, you don't have to feel like you're drowning anymore. Property managers take on various tasks and keep you in the loop with owner statements.
Keep reading to learn how a San Diego landlord can benefit.
Free Rental Analysis
A property management company offers a free rental analysis to help you make money off your investment.
Why hire a property manager when this resource is free? Just because you have the information, doesn't mean you know what to do with it.
A property manager will help you set a profitable rental rate using the data they find. They will look at other San Diego rental properties to figure out what similar rentals are charging.
Setting the right price is essential to making enough income. A low price won't make you any money. A high price will deter potential applicants away.
Accounting and Owner Statements
Financial reporting is the only way to tell how your property is performing. A full-service property management company can help you track income and expenses accurately.
With the financial data they track, they can offer monthly owner statements to keep you in the loop about your finances.
Additionally, a property manager will put working rent collection strategies in place to ensure tenants pay on time. This could mean implementing a tenant portal and finding top tenants in the first place.
Tenant Screening
Finding the best tenants to rent out your properties in San Diego is no easy task. It takes a big time commitment to find the right person.
A property manager follows tenant screening protocols to keep you compliant and profitable. Screening every applicant can be the difference between a bad tenant and a great tenant.
During tenant screening, a property manager can check criminal, eviction, and employment history. Credit checks are also common screening practices. They will only rent out to those qualified to live in your rental.
Rental Property Marketing
If you ever want to increase your real estate portfolio, you need to make money. To do that, you need to market your rentals to qualified tenants.
Rental property marketing is not as easy as it looks. It requires strategic placement and timing.
Rental property marketing should be continuous. Whenever you have a vacancy, effective advertising can help you secure a good tenant faster.
Let Our Property Managers Help You
Harland Property Management is a local San Diego firm helping landlords like you. When we say local, we mean it. Our property managers live in the area and have vast knowledge of the real estate market.
We strive for excellence and provide an unmatched level of service. When you work with us, you truly feel the Harland difference. We back our system up with our Harland Guarantee accountability program.
For over 18 years, we've changed the real estate game and provided owner statements for local landlords. Let us help you too. Contact us today to get started.
