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When Should a Landlord Hire a New Property Management Company?

Many landlords manage properties on their own or with the help of an employee, such as a resident manager. But sometimes landlords need more help, and that’s when the decision to interview property management companies might make sense.
Property management companies can be a huge asset to your business, and they don’t have to be expensive. There are reasons why you might not want or need one, so carefully review the factors discussed below to determine if hiring a property management company is the right decision for your property.

You should hire a property manager if:
1. You have lots of properties or rental units.
2. You don’t live near your rental property.
3. You’re not interested in hands-on management.
4. Your time is limited.
5. You can afford the cost.
6. You’re suddenly inundated with management tasks.
7. Your property is part of an affordable housing program.

by Andrew Grinnell at www.SDSunset.com

 

Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.

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