The average rent in Pleasanton is almost $3,000 per month, making it a great place to own a rental property. However, many property investors underestimate how hard owning a property can be. It's a lot of work!
If you find yourself struggling with your rental property, it's time to consider full-service property management.
But why is it so helpful? Let's talk about it. Read on to learn more.
Tenant Screening and Selection
Professional property managers know how to handle tenant screenings. They check applicants' credit histories, rental histories, and criminal backgrounds so landlords can choose more reliable tenants.
This screening process reduces the risk of late payments, property damage, and eviction, which will contribute to a more stable and profitable rental property. A good tenant is priceless, and a property management company will help you find those good tenants.
On the topic of finding great tenants, a property management company can help you reduce your vacancies. Property vacancies are expensive, so these property management services pay for themselves.
Property management companies excel in marketing rental properties and making them look appealing. They use various advertising channels, online listings, and professional photos to attract potential tenants. They can even arrange walkthroughs and handle any negotiations.
Marketing is hard work, so why not let someone else handle it?
Maintenance and Repairs
Full-service property management includes management of property maintenance and repairs.
Property managers schedule regular maintenance and address repairs when necessary. They have established relationships with reliable contractors (or hire their own in-house maintenance professionals) to minimize costs and make response times as fast as possible.
This approach can keep your property in good condition. This is great for both you and your tenants!
As a landlord, you must stay compliant with local and national laws and regulations. Otherwise, you may find yourself in legal hot water.
Property managers stay up-to-date with local, state, and federal laws around rental properties. They know all about fair housing laws, laws surrounding rent increases, and more. They know this so that you don't have to.
If you want to avoid expensive legal fees and unhappy tenants, a property manager will help.
Peace of Mind
At the end of the day, peace of mind is the biggest benefit. A full-service property management company will allow you to relax and focus on other important things aside from your rental property.
This is especially important if you also have a full-time job and other responsibilities. You may be a real estate investor, but you also have a life.
Is Full-Service Property Management Right for You?
If you want to get the most out of your rental property, it may be time to consider full-service property management. A good property manager will help you with legal matters, manage maintenance, keep vacancies low, and so much more.
You deserve that peace of mind.
If you're a landlord in Pleasanton, CA, Advantage Property Management Services is here for you! Reach out so we can discuss your property management needs today.