Northridge Property Manager
Should You Hire a Property Manager?
If you’re a landlord, you have most likely at one point or another asked yourself, “Should I hire a property manager?”. This article will guide you through that question and show you the first steps of hiring if you decide that a property manager is right for you.
1. How many units do you oversee?
Many landlords can manage one or maybe two rental units, but once you get into higher quantities of properties, managing all of those properties on your own can be a daunting task.
2. How close to your properties do you live?
If you live over 25 miles from the properties you’re overseeing, especially if there are multiple, then a local property manager may be a good fit for you. Commuting to multiple far-range properties is not a long-term solution, and your gas money might be better spent hiring someone locally to manage those apartments for you.
3. How busy is your schedule?
If you don’t have the necessary few hours per week per unit, you may want to delegate the managing and overseeing tasks to a property manager. Since you are responsible for researching and hiring all of the contractors for your properties, if you have another full time job you may want to hire a property manager.
If, after answering these questions, you decide that a property manager is right for you, it is vital to ensure you hire someone who will effectively and competently manage, oversee and market your properties. You should search for someone with excellent organizational skills, who has real-estate experience, and who is up-to-date with regulations and new payment methods, including online and mobile solutions. Millennials, for example, are paying their rent from their phone more and more often, so it is vital to hire a property manager that can work with the payment methods your tenants prefer.
FROM: https://www.rentigo.com
Carnahan Property Management Services Woodland Hills,West Hills,Bell Canyon, Hidden 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, WestLake Village, Agoura, Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500
