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Property Management – Northridge – Three Disasters to Avoid

NORTHRIDGE PROPERTY MANAGEMENT

Three Disasters You Can Avoid by Using a Property Management Company

Your rental property is ready to lease, so where do you find your new tenant? Do you go it alone, or hire a property management company? There is more involved in renting out your property then you may think. Here are three disasters you can avoid by using the right property management company.

The Deadbeat Tenant
The worst nightmare for property owners renting out property is to not get paid. Going through the eviction of a tenant can be a nightmare to someone who doesn’t know what they are doing. There are legal issues and procedures that have to be followed in order to evict a deadbeat tenant. The property management company can not only help you avoid a deadbeat in the first place, but will handle all of the legal process for eviction if the rental goes bad at some point. The risk of your deadbeat tenant damaging your property out of spite is great as well. An effective property manager will deal with the repairs as well as getting money for any damage done to your property.

Maintenance Nightmares
With a property management company, you are no longer the one getting the call in the middle of the night to tell you that the pipes are leaking. No more getting out of your warm bed to trudge to your rental property at 3 o’clock in the morning, only to learn that you have no idea how to fix the problem. The property management company will have maintenance staff on call to deal with maintenance nightmares for you. Leave the maintenance problems to the experts.

When your tenant moves out, before you can rent to a new tenant, you will need to fix any maintenance issues and make sure the property is suitable to rent. A fresh coat of paint will be required and a good cleaning is necessary.

Unrented Property
If your rental property has no tenants, you’re not making any money. Not only do you have to find people who want to rent your property, you also have to make sure that the potential renter is suitable to rent your property. Property management companies will do the advertising and marketing for you to pull in potential renters. Once they have people interested, they will screen the potential tenants and run the necessary credit and background checks to make sure that they will be able to pay their rent. They will be the ones to deal with the tenants.

If you have rental property, do yourself a favor and hire a property management company to take care of the property for you. No more sleepless nights getting calls for maintenance, or worrying about who paid their rent and who didn’t. You will be able to rest easy knowing that your property is well cared for by a professional.

By Scott M White

Scott M White is a freelance writer who specializes in real estate topics.

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.