Are you struggling to manage your San Jose investment property alone? You're not the only one! Of the 10 million people in the US who own rental properties, about 51% choose to hire property managers.
Working with a property manager can save you valuable time and money. You can avoid landlord stress and ensure your success in today's competitive market.
Not convinced you should hire a property manager? Read on to discover how property management can protect your San Jose property!
Tenant Screening
The worst tenants can damage your beautiful investment property. They could drain thousands of dollars worth of maintenance fees from your account. Before selecting tenants, talk to a property management company.
Their tenant screening process can help you find trustworthy renters. Do-it-yourself platforms aren't always accurate. Your property manager's comprehensive report will include:
- Eviction histories
- Criminal background checks
- Employment verification
- References
- Credit checks
This information will ensure you make an informed decision before choosing tenants. Some landlords only focus on the renter's ability to pay rent. They don't consider the stress their tenants may cause after moving in.
Choosing reliable renters will help you avoid stressful situations and future expenses. Instead, you can find renters you want to keep. Retaining renters will improve your occupancy rate and ROI.
Rental Property Maintenance
Failing to complete rental property maintenance quickly can cause the property to crumble. Future renters may decide to look for other San Jose properties. If you already have tenants, they may grow frustrated due to the delay.
Your property manager can schedule maintenance projects for you. They'll find experienced, qualified vendors at competitive rates.
They can even schedule inspections. Routine inspections and preventative maintenance can reduce future expenses.
Property Management Software
Choose a property management company that utilizes property management software. This software can streamline:
- Maintenance
- Accounting
- Tenant tracking
- Document storage and sharing
- Financial reporting
Tenants can submit maintenance requests and automate rent payments online. Manual rent collection wastes time and energy. Instead, you'll have peace of mind knowing money is in your pocket.
Tenant Relations
Happy renters are more likely to renew their leases. Your property manager will engage tenants on your behalf. They'll respond to concerns, inquiries, and complaints promptly.
This prompt response will show tenants that you care about their needs. They may renew their leases knowing you're dependable.
Your property manager can enforce your lease terms. You won't have to deal with the stress of upset renters.
Regulatory Compliance
Property managers remain aware of local, state, and federal housing laws. They'll ensure you stay compliant.
These laws cover security deposit requirements, tenant screening, and evictions. Following these laws will allow you to avoid fines.
Protect Your San Jose Investment Property
You don't have to manage your beautiful San Jose investment property alone. Instead, protect your investment by hiring a property manager. An experienced property management company will ensure you thrive in San Jose's real estate market.
Our qualified professionals at Provident Property Management are here to help. We provide exceptional service while managing properties efficiently and effectively.
Experience less stress while generating more profit from your investment. Contact us today to request our services.
