Property Management – Van Nuys

 VAN NUYS PROPERTY MANAGEMENT

One of the most popular specialties in real estate is property management. Some agents do not even help clients buy or sell — they only manage properties. Some do a combination of both, managing properties that they have sold to an investor. Because more than 30 percent of the sales in recent years are not primary properties but rentals or second homes, the role of a property manager has become increasingly important.

Fast-paced and filled with stressful situations, property management is definitely a “love it or hate it” career. Managing properties is most suitable for a real estate agent who is organized enough to juggle many duties at once and who interacts easily with a wide variety of personalities.

You’ll work with property owners who pay you to manage their real estate. You’ll work with their tenants, and you’ll work closely with repair people, landscapers, service personnel, and anyone else whose skills are needed to keep the property in good condition.

The main functions of a property manager are to find and qualify tenants, collect rents, and ensure that maintenance is performed and that nonpaying tenants are removed through the eviction process or by other means. Checking on vacant properties to be sure there has been no vandalism, broken pipes, or other damage, preparing the properties for rent, and accounting for money are also part of the duties of a property manager.

Although there are tenant advocates who work for the tenant, a property manager generally works for the owner of the property.

No matter how wonderful the tenant is, your fiduciary duty as property manager is owed to the owner. Property managers are a buffer between an owner and the owner’s tenants. As a property manager, you collect rents and deal with people who can’t pay or must pay late. You are the person tenants call when something breaks down and you are the one who in turn calls a repair person to schedule a time to fix the problem. You also verify that the job was done correctly.

by Shahri Masters

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.