Property Management – Northridge – Property Management Tips
NORTHRIDGE PROPERTY MANAGEMENT
Property Management Tips for an Owner
As a property owner, you should take care of every single issue related to the property, whether you are planning to allot it for renting or leasing purpose. Until and unless the property is only a vacant land, you need to think about the property and manage it with expertise.
The very first thing you should keep in your mind is that though the property is owned by you, still the property will be used for renting or leasing purpose. The amount of rent solely depends on how much beauty it carries.
The important factors on which an investor should concentrate are:
If you handover a damaged property to the new tenant, then every day you have to face their complaints against the property. When you are asking them to pay so much rent, then it is your responsibility to maintain the structure, clean the area, repair the leakages, mend the water pipes, and renovate the terrace.
They are paying for the product they are using. To serve their emergency needs, the investor should assist them with the emergency services or provide them the help line number for any such service.
Government has implemented various laws in the favor or against the landlords. Be aware of such small rules which you may require at any point of time.
As soon as the property is vacated, the investor should clean the premises and post the requirement for new tenant. Newspaper, website, banner are the best possible ways to reach clients.
Talk in details regarding the agreement, as well as rules and regulations. Maintain a record of all the rental history, rental documents, and other necessary paperwork. Unless and until your property is ready for move-in, do not promise any specific date.
Being a property manager and owner, you should know every detail regarding your owned property. You are the best person to sort out those issues and handover a perfect property to the client and maintain your reputation.
If you don’t feel you can or want to do it all consider hiring a property manager or property management company.
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!