Property Management – Northridge

 NORTHRIDGE PROPERTY MANAGEMENT 

Hiring A Property Manager

A property manager can perform such duties as marketing your rental property, selecting tenants, maintaining the property, creating budgets and collecting rent. You may consider hiring a property manager if you wish to delegate these tasks to someone else to limit your day-to-day responsibilities regarding your rental property. You will still be responsible for supervising the property manager.

Property Manager’s Role
If you decide to hire a property manager, it is important to identify his or her role. You can develop a list of duties for which the property manager will be responsible. For example, will your property manager’s responsibilities be limited to finding tenants? Or will he or she also deal with day-to-day maintenance and the collecting of rent? Your agreement with the property manager should clearly state your expectations.

You must decide if the property manager will be an independent contractor or an employee. Depending on your situation, there may be advantages and disadvantages to both. It is advised that you speak with your tax accountant to determine the most favorable approach and to determine specific obligations that you may have (such as obtaining a federal tax identification number). You will also have to make decisions regarding the property manager’s compensation. Will they be full-time or part-time, salaried or paid an hourly rate?

By Jean Folger

Since 1946 the Carnahan name has had a reputation for honest and ethical Real Estate Property Management services in the San Fernando Valley, Santa Clarita Valley, Burbank/Glendale, Los Angeles, Westside and Conejo Valley areas.

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

• Tenant placement
• Tenant screening (including: credit check, landlord and employment verification, social security trace report, California eviction check and criminal check)
• Regular property inspections
• Accounting and landlord bill payment
• Monthly financial reporting
• Maintenance service and supervision (we use only proven independent vendors)
• Collections
• Evictions
• We supply all the necessary forms to meet California’s Landlord/Tenant laws
• 24 hour emergency phone service
• Advertising to the broadest tenant base possible

Call or e-mail us today for more information. We’re ready to get started!

• 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.