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Property Management-Granada Hills

 GRANADA HILLS PROPERTY MANAGEMENT

 Chatsworth Property Management

Van Nuys Property Management

Hiring a Property Manager: When and Why?

For me, it was when the time it took and the money I saved doing everything myself no longer made sense.  The fact of the matter is; a residential property manager where my units were located was typically a $15 to $20/hour job. Now – even though I knew that, it took me so long to hire one because I was a property manager at RE/MAX (making 100% commission), working in the same exact area as all of my personal rental properties. So it wasn’t much of a struggle for me to handle my own properties…until the market crashed. Once that happened, the RE/MAX I worked for closed and the next brokerage firm I went to didn’t have a property management department for me to work at. Then it all became a hassle, especially when I wanted to focus on other parts of the industry (i.e. notes).

Some other reasons you may be looking into a property manager could include things like:

  • Proximity to the property
  • Number of units under management
  • Time it’s taking you to turn over the unit
  • Record keeping abilities
  • Response rates (are you open 24/7/365?)
  • Maintenance and repair systems
  • Handling tenants’ collections, evictions, etc.
  • STRESS! Did I mention the unnecessary stress of the job?

 

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