As a landlord, one of the most important decisions you need is make is whether you want to hire the services of a property management company. Life can be very different when you have somebody else doing all the dirty work for you! Yes, the services of a property manager will mean some monetary investment but what you need to weigh is whether you are getting value for your money.
The key is ensuring that the property management services provider offers the whole range of services. While most property managers are keen to screen tenants and negotiate deals, many are uncomfortable with performing the more difficult jobs. Here’s a look at some of the services that you should check for before making a final choice of property manager in the East Bay and Peninsular regions.
How to Choose the Right East Bay Property Manager
When choosing the right East Bay property management firm, it is important to not only check whether they have a good track record but also whether they are up-to-date on the latest news and developments in the property and rental markets. This is crucial for ensuring that both the landlord and the tenant get a good deal, in compliance with the most recent rules and regulations about tenancy. Some of the other things to check for include:
Reading reviews and customer feedback. This is a good way of determining the type of services offered by a specific company, the company adds.
- More importantly, there are certain tasks that can be uncomfortable for a landlord and which should be performed with professionalism by the property management company, such as:
- Rejecting an application might not be an easy task but it should be done face-to-face.
- Checking on credit reports, past history of evictions or insufficient income. These are good indicators of whether a candidate should be rejected.
- Evicting tenants, if and when needed with delicacy and tact. This is something that needs experience and a professional approach, both of which a good property manager should have.
- Dealing with a tenant who might be involved in criminal activity and checking for lease violations are responsibilities that property managers should offer.
- Providing warning notices and following up on whether the problem has been resolved should be done by your East Bay property management firm. The same holds true for late rent payments.
Another job which is never pleasant for a landlord is dealing with increasing the rent. And once you have done the required research, meet up with the property managers in East Bay face to face and discuss your needs. A personal meeting can be the best way to judge whether you are comfortable with the property manager.