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Property Management – Northridge – WHY HIRE A PROPERTY MANAGER?

NORTHRIDGE PROPERTY MANAGEMENT

WHY HIRE A PROPERTY MANAGER?

Nowadays, it is possible to have your property cared for even if you are away for an indefinite time period. Through property management services, you can leave your lot, house, or commercial space in the hands of a manager and not worry about it. Even if you are not leaving the country, you can depend on a property management company to help you with the maintenance of your property. All you have to do is to hire someone.

As explained by its title, a the person is obliged to manage and maintain a physical property or a building. Mainly, there are 2 types of these managers: the residential and the commercial. These two types are differentiated by the type of property they are managing. While the tasks of the manager differ for these two types, their overall position requirements remain the same. Basically, the property will take good care of your property for your own benefit.

With regards to a residential property, this persons duties include the following:

• Research the rental rates in order to set the lease for your property

• Create and post ads both online and offline

• Prepare and show the property to the prospective tenants

• Screen each tenant application and process them

• Collect the monthly rent

• Handle delinquent tenant problems, this can sometimes include evictions

• Represent the landlord by going to court when necessary

• Occulting a regular inspection of the property both inside and outside

• Producing accounting services such as a monthly financial report

• Supervising the maintenance and the needed repairs of the property

If you are planning to hire someone, you can either select an individual working independently or you can go with a management company. While they are both dedicated to maintain your property, it is important that you make a good decision on which one you should hire. This is because there are some specifics that both cannot do as compared to the other. At the same time, the cost for each is different. If you would like to make things legal and run smoothly though, it is recommended that you hire a property management company. You have to be prepared to pay a small fee though as they are slightly expensive than hiring an individual.

It is recommended though that a company is a better option. Although they are both capable of getting the job done, a company has better control over its services as compared to an individual. A company already has a large database of prospective tenants. Once your property becomes available, they can easily pick out a new tenant from that pool of selected individuals to continue renting your property. As a result, it is a continuous process and is very productive.

There are a lot of other reasons why you should pick a company over an independent manager. However, this is case to case and it will depend on your budget, resources, and your own situation. If you wish, you can shortlist other individuals and see if they can provide a better role than a professional company.

By Connor R Sullivan

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.