Encino – Property Management

I am often asked about the value of hiring a property manager. Many property owners mistakenly believe that all a property manager does is “collect the rents”. There is much more to managing a property and I believe the cost associated with hiring a professional property manager is paid back in many ways.

Tax benefits

The property management fees that you pay are tax deductible, which immediately reduces the full cost of professional management. These fees will be reported on your monthly and year-end financials. All owners are provided with a detailed report with all income and expenses to quickly and efficiently provide to the tax preparer.

Peace of Mind

Many owners simply find that just having someone else worry about the day-to-day details of property management is worth the management fee. Many owners avoid unpleasant confrontations with tenants when problems arise which can make the problem worse. In addition, receiving tenant phone calls with maintenance emergencies or serving notices is another form of stress that can be eliminated by a professional manager.

Professional Expertise

A major benefit of our management services is our professional expertise. It may seem that a vacancy is too long, but we know that the wrong tenant can be much more expensive. It is more costly to rehabilitate a property and/or pay legal fees because of poor tenant screening than to hold out for the right tenant.

Owner/Tenant Rights

Knowing and properly implementing current legislation can reduce costly mistakes when handling tenants. We use a preventative approach to save you unnecessary legal costs. The courts do not accept ignorance of the law and fines or judgments are far more expensive than management fees paid to a property management company.

Maintenance and Repairs

Hiring the wrong contractor or handyman to do the maintenance on a rental property can be a frustrating and costly mistake. We have a well-vetted and efficient team that provides quality work at reasonable rates. They are competent and accountable. This is especially important for out of area owners who do not have relationships with local companies.

by Admin

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.