Property Management – Van Nuys

 VAN NUYS PROPERTY MANAGEMENT

How to Find the Best Property Manager

The Steps You Should Take to Find the Right Manager for Your Investment

You need to do your research before hiring a property manager. Your mission is to find someone who is organized, trustworthy and experienced. Here’s how to find the best fit for your property.

Get Referrals

Talk to real estate agents and other property owners in your area. Ask what property managers or property management companies they use/have used. What have they been happy with? Have they had any problems?

Always keep in mind that referrals can be biased. The referrer can just be trying to give their neighbor’s brother’s son a job.

Do an Online Search

You can also do an online search for property management companies. Websites like T-Rex Global and All Property Management allow you to plug in the size of your property and your location and they will generate a list of property management companies in your area.

Before wasting time interviewing a property manager, you should check out the company’s reviews on sites like Yelp or even Facebook. It’s not a bad idea to check with the Better Business Bureau as well to see what kind of rating the company has and if any complaints have been filed against them.

Check Out Their Current Work

Look at some of the property manager’s current rental ads. Are they professional, compelling and free of discriminatory statements? Do they advertise in a variety of places, or are their ads limited to free sources like Craigslist or community bulletin boards?

Check out the actual properties they manage. Are the properties clean and well cared for? You can gather some great information by speaking to the tenants they currently manage. Because property management is about keeping you and your tenants happy, it is important to get their opinion as well.

Are their complaints addressed? Are requests for repairs answered in a timely manner? Is the building clean? Is the building quiet? Do they plan on signing a new lease? Why or why not? This will help you gauge if the current tenants are satisfied with management’s performance.

You should also ask the management company for an example of the monthly report you would receive.

Interview Several Candidates

Just as you will interview and screen several tenants before you rent out your property, you will want to interview several property managers/management companies so you can find the one you are most comfortable entrusting your property to.

Interviewing several prospect managers will allow you to separate the good from the bad. You will be able to tell those with real knowledge and a proven plan, from those without. A property manager who has placed ten tenants in the last two months and is currently evicting five of them, either has the worst luck in the world, or, more likely, does not know how to properly screen tenants.

Is the candidate receptive to your questions or are they dismissive? If they aren’t putting their best foot forward during the interview, things will most likely magnify if you allow them to manage your property.

You should ask questions about their education and experience, services provided, fees charged and if they have an understanding of landlord tenant law.

By Erin Eberlin

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.