Property Management-Granada Hills
GRANADA HILLS PROPERTY MANAGEMENT
ENCINO PROPERTY MANAGEMENT
VAN NUYS PROPERTY MANAGEMEMT
DO I NEED TO HIRE A PROPERTY MANAGER TO RENT OUT MY HOUSE?
With the shifting economy, more people find themselves in the position of needing to rent their home. Whether you have transferred because of a job or need to downsize and don’t have enough equity to sell the home, renting is a great way to maintain the equity in your home and keep your credit clean
Function
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A property manager takes care of all aspects of renting your home. That includes advertising for renters, screening renters, collecting rent, arranging for repairs and, if necessary, serving evictions. Your contract with the property manager should clearly spell out the property manager’s rights for making repairs and establish dollar amount limits for repairs the property manager can authorize without getting your approval.
Geography
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If you live in the same geographic area as the home you want to rent, then location is not necessarily an issue in managing the rental yourself. However, if you move out of the area, property inspections, repairs and rent collections can quickly become a problem, especially if the renter is a deadbeat who is aware that you’re not around to keep an eye on your asset.
Considerations
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There are many questions to ask yourself before you decide to manage your own rental property. Do you know how to advertise for renters? Do you have the ability to perform background checks and credit checks on renters? Do you know contractors to use for repairs and maintenance or do you have the ability to make the repairs yourself? If a renter does not pay, can you knock on the front door and ask for the money? Do you have the backbone to evict someone for nonpayment of rent? If you answered “No” to any of those questions, then you need to consider using a property manager to rent your home.
Benefits
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The enormous benefit to hiring a property manager is the savings on your time and aggravation. The property manager takes the phone calls and wades through the list of prospective applicants for the rental. The property manager receives the phone call in the middle of the night when the air conditioning breaks. The property manager tracks down the delinquent renter and deals with the legal aspects of eviction. The only things you have to worry about are repairs over the dollar amount set forth in the management contract and other bills such as insurance and taxes and how long you want to maintain the home as a rental.
By Kaye Morris
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.