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Van Nuys – Property Management – Before you Become a Landlord

PROPERTY MANAGEMENT VAN NUYS

Before You Become a Landlord

Owning and renting properties has become the way to riches for more than one landlord, but before you head down that path to becoming a landlord be sure you know what it takes.

You’ll need to know that the rate you can ask for your property in your market will be enough to cover your expenses.
Equally important is to be sure you know what those expenses are! You need to cover not only your monthly mortgage, taxes, and insurance; you also need to plan for routine maintenance, vacancies between renters, and unexpected emergencies.
You’ll need to be sure you are aware of laws regarding Fair Housing, the best way to attract and keep good tenants, and what to do if you do have to evict.

Once you have all the facts, you can make an informed decision and, if you choose, become a successful landlord! If you want to be a land lord but don’t want the day to day business of running things you can hire a property manager and let them deal with it.

Posted by Teresa

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.