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5 Reasons to Hire a Property Manager

Don’t Gamble on Your Investment

1. Handling late payments

If the renter is properly screened, you should not have trouble collecting rent. However, some renters do pay late. Even those that are thoroughly screened. In these situations, your property manager can be the “bad cop” when it comes to chasing the rent and will ensure its collection every month. Whether it requires a phone call, a visit to the property or serving notices, collecting rent is part of the management agreement.

2. Resources

Your property manager will have access to a network of professionals for whatever product or service may be needed, including attorneys, insurance agents, contractors, pest control companies, to name just a few. Your property manager will be able to refer you with confidence to the right person to meet the needs of your property.

Let your property manager evaluate vendors and suppliers, which means ensuring proper licensing, insurance and skills, are in place. Just as with renters, failure to properly screen vendors can be a costly mistake.

3. Experience

An experienced property manager will have managed dozens of properties similar to those contained in your portfolio. Your property manager will be able will be able to draw upon experience and make appropriate decisions based upon your particular property and the current market.

4. Legal needs

A professional property manager will have extensive knowledge of property management law, which is important to properly handle situations that may arise at your investment property. Your property manager will have a close working relationship with one or more attorneys who specialize in landlord/tenant law.

5. Make the most of your time

How much is your time worth? Your property manager will save you plenty of time and that’s time that can be spent finding other investment properties, focusing on your career, or being with your family. Your property manager also saves you from being bothered at inopportune times. Who wants to receive a maintenance call at 2 a.m. or while you are attempting to relax on vacation.

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.

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.

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