San Terra Properties: If you own rental property in San Diego, hiring a professional management company can help you maximize your investment returns. They’ll take care of everything from finding reliable tenants to managing maintenance requests and lease renewals.
However, it’s important to choose the right property manager for your specific needs. Here are some things to look for in your search:
Experience
If you’re a property owner or real estate investor in the San Diego area, you understand the challenges of owning rental properties. High rents and a volatile market can make managing your assets a full-time job.
One of the best ways to ease your burdens is to partner with a quality San Diego property management firm. These companies can handle everything from tenant screening to marketing and negotiating repairs.
Elevate Properties is a San Diego property management firm that has over 20 years of experience in the industry. They specialize in tenant law, and their property management process is designed to keep your tenants compliant while maximizing the returns on your investment.
People Helping Others (PHO) Property Management is a family-owned-and-operated firm that specializes in residential property management. The company has a long-standing track record of financial success for owners and positive renting experiences for tenants. They use a hands-on approach to keep properties in top condition, conduct frequent inspections and contract with reliable service providers.
Fees
A property management company is a great way to manage your investment properties. They take care of everything from finding tenants to making repairs.
Some property managers charge a base fee of 5% to 10% of the monthly rent that’s collected. This amount can vary, however, based on the number of properties you have, the size of your property, and other factors.
Several companies also charge maintenance fees. These are a percentage of any maintenance jobs that they coordinate on your behalf.
This can be a good idea if you have homes in lower income neighborhoods that need more regular maintenance. It can also help keep these annual costs down by ensuring your home stays in good condition.
Other fees that property management companies charge include leasing and renewal fees, set-up fees, maintenance surcharges, and administration fees. You should find out exactly how the fees are structured so you know what you’re paying each month.
Reputation
San Diego Propery Management is a family owned and operated firm that specializes in home and condo management. They have been in business since 1976 and have a stellar reputation in the San Diego area. They have some of the best property management software and hardware in the industry and have a dedicated team that is more than willing to go the extra mile for their clients. They are also one of the few companies in the city that offer a free rental inspection. Their website also features a wealth of useful information about the local real estate market including rent trends, recent sales and foreclosures, and more. Their customer service department is one of the best in the city and their office is located on the outskirts of town in a nice looking building in a good neighborhood.
Communication
Communication is a critical part of your rental property management experience. It can help your tenants feel secure and ensure they pay rent on time. It can also give you a clear picture of your property’s condition and allow you to take the necessary steps to improve it.
San Diego Propery Management employs a wide variety of communication methods to keep residents informed about upcoming changes and issues. These include email, phone calls, and texts.
The company’s methods have been proven to lead to positive renting experiences and long-term tenancies. They also conduct frequent inspections and work with reliable service providers. Lastly, the team works to build respectful relations with tenants so tenancies last. This helps property owners get the most out of their investment and avoid costly problems down the road. This firm has over 35 years of experience in the field. It specializes in residential property management and offers services to clients throughout San Diego County.