Property management in San Diego is not easy. The apartments and rental homes can be attractive investments, but the purchase and maintenance are not cheap, and a landlord may be spending hundreds of thousands of dollars just for a couple of units. Moreover, there are details which must be covered or the property is not going to yield any investment income. It makes sense to have a good property manager take care of things. Any landlord in San Diego who is looking for a good property management company ought to keep a few things in mind when reviewing the possible managers.
1. What Is the Attention to Detail?
A property manager is going to be doing more than just collecting the rent. There is day-to-day activity that requires attention. This includes damage to the property and any housing code violation. A good property manager will be able to provide evidence that there are routine inspections of apartments and rental houses.
2. How Is Rent Collected and Is the Collection Efficient?
Rent is the income stream all landlords want to have. It is important to get the money collected and have it in the client’s accounts as soon as possible. Every good property management company in San Diego understands this and works to expedite rent collection.
A landlord must ask how the money is collected and received into the accounts. If the property management company is still using door-to-door collection, collection by mail, or collection by dropbox then this company is not doing an efficient job. Each one of those methods is an invitation for theft. It is important that the property management company use electronic transfers and have an idea of how long it will take for the money to move to another account.
3. What Is the Marketing Strategy?
Tenants are going to come and go as time moves on. It is not logical to expect that a tenant is going to stay in the same apartment for decades. Vacancies are going to occur, and these openings must be filled as soon as possible. A landlord should ask what the standard marketing strategy the property manager uses to get new tenants.
There ought to be social media exposure such as a Twitter account or Facebook page. Social media can also help a landlord find the right third-party property administrator. Comments made on consumer opinion platform, such as Yelp, will give an idea of the reputation a company has in the community.
4. What Is the Relationship with Tenants?
Property management companies should have good working relationships with all the tenants. There should not be any major complaints from anyone who lives in the rental property. Referrals ought to come from existing tenants and, if possible, tenants who have left properties managed by the company.
A good idea is to ask the prospective property manager how the company ordinarily handles complaints. This information will suggest how the property manager will treat a landlord’s existing tenant population.
Depend on Alta Vista Properties
We have been providing superior service to landlords in San Diego for decades. Our reputation is excellent, and it is reflected in our Better Business Bureau reports. Tenants stay with us for extended periods.
We make use of electronic transfers of rent money and we also use social media to market any vacancies. Our own website is client friendly and gives the landlord access to reports and other important information. We are proud of the fact that we are one of the leading property management companies in the area.
Please do inquire at any time about our property management services. We can be reached online at www.altavistaproperties.net, by phone at 858-274-3600 or by email at info@altavistaProperties.net. We look forward to hearing from you and answering your questions.