Property Management – Tarzana

 TARZANA PROPERTY MANAGEMENT

How do property management companies help landlords?

Property management companies take care of a wide range of details that many landlords would rather not have to deal with on their own. For example, the property manager takes care of advertising vacancies, screening potential tenants, writing up leases, collecting the rent, dealing with tenants’ complaints and handling repairs. When the property manager is responsible for the day-to-day running of the landlord’s property, only involving the landlord if there is a major repair or a legal issue, the landlord is free to concentrate on other, possibly more lucrative, areas (such as buying more buildings and expanding his business). Usually, property managers are paid ten percent of the monthly rent for their services.

In addition to having management experience, property managers have to possess good communication skills, they must treat the tenants with respect and they have to take care of problems in a timely manner. The landlord should take the time to run a complete background check on the property manager, to make sure that the property has a good reputation and is ethical, as the landlord could be held responsible for any crime (blackmail, robbery, physical assault, etc.) committed by the property manager against a tenant in one of the landlord’s buildings.

If you are a landlord, regardless of whether you choose to have a property manager or not, you should make sure all your property is insured and that you pay whatever taxes are necessary. Get rid of anything that could be harmful to your tenants, such as asbestos, defective wiring, lead paint or broken glass, or other junk on the premises. Check out landlord training programs in your city, which focus on legal issues and regulations, improving landlord-tenant relations, and how to involve the authorities to eliminate drug selling or other criminal behavior on the premises.

by HowStuffWorks.com Contributors

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.