As a rental property owner in Venice, the right property management company can be the deciding factor between real estate investing success and a life full of hassle, frustration, and hard work. Property management is a 24/7 job, and it takes more time and effort to manage each one properly as the number of your rental homes grow. It makes sense to have a property manager to assist with the workload and keep your rental homes occupied and profitable. Nonetheless, the wrong property manager can really make matters worse by making costly mistakes.
Other property management companies don’t really spend enough time evaluating the rental market and setting the best monthly rate. Instead, they leave it for you to guess or figure out on your own. The wrong monthly rate is problematic for two reasons: you might struggle with renting your property out if the rent’s too high, but if it’s too low, you’d be losing rental income each month or even possibly having prospective residents thinking that there are problems with the property.
When the property managers at Real Property Management California Coast first sign on with an owner, they immediately begin a thorough property evaluation to ensure the rental home is ready to attract high-quality renters. The home’s condition is evaluated, together with the current rental market, to guarantee that your rental homes have been competitively priced.
Another costly mistake other property management companies often make is in the manner in which they draw in and screen potential tenants. Certain property managers are just content with putting a sign in the yard and simply running the credit history of the applicant, neither of which is enough to get quality tenants.
Every rental applicant Real Property Management California Coast considers is meticulously screened with full background checks including credit, criminal, past rental, and income history. We want to fill vacancies with quality tenants who would take care of your rental property throughout their stay as well as adhere to the terms of their lease.
After new renters have signed a lease, other companies will often ignore all maintenance and repair requests, making their tenants deal with problems that are initially minor but later become expensive repairs. These companies usually have a high turnover due to this reason, as unsatisfied renters hardly last long in a home where their property manager disregards or refuses reasonable requests.
At Real Property Management California Coast, we have a proactive management approach to all repairs and maintenance. Each one of our owners is given a password-protected account with which they can view maintenance and repair information concerning their properties at any time. Monthly financial statements and clear, up-front fees give you control over your investment.
When a renter signs a lease with Real Property Management California Coast, they sign their name to specific, legally binding documents made to streamline the terms and outline the potential outcomes of going against those terms. They are made aware from day one that their property manager is going to be routinely monitoring the property, also helping them stay vigilant.
Unlike these other business models, Real Property Management California Coast is recognized for providing quality, comprehensive service – and for good reason. We have made it a priority to offer a unique property management approach that places the top tools and best practices of the industry at your fingertips for over thirty years.
As a Venice rental property owner, a property manager who is going to put in the effort to protect your investment without interrupting your life is needed. By choosing Real Property Management California Coast, you are choosing genuine peace of mind. Would you like any further information? Please contact us online or call us at 310-535-2150 today.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.