Owning rental properties in San Fransisco is one of the best ways to earn a living. Even if you only have one property, it will provide you with a passive income to supplement your earnings. Over time, you can increase your total number of rental properties, quit your full-time job, build your wealth, and retire comfortably.
However, if you want to be a successful San Fransisco property investor, it means becoming a reliable and reputable landlord. This means adhering to San Fransisco's landlord laws and regulations. It also means taking good care of your properties and your tenants.
If you lack the time, skills, or know-how to properly manage your rentals, that's okay. Work with a San Francisco Bay Property Management company that can handle all of the heavy lifting.
Keep reading for everything you should look for in the best property managers.
A Good Reputation Among San Fransisco Property Owners
First and foremost, you should only work with San Fransisco Bay property managers that have a solid reputation in the community. Find out what other property owners in the area have to say about their services.
Are the property managers reliable? Do they respond to tenant complaints and issues quickly?
The quality of their services will reflect on you as the property owner. Check out our testimonials to see what other San Fransisco property owners think about us.
Vacant Property Marketing
Property management companies in San Fransisco Bay CA must go above and beyond to make sure your listings are visible in the community. Find out what methods they use to market vacant rental units.
They should have access to multiple listing sites and use their presence on social media to ensure your listing is gaining maximum exposure. This also means taking high-definition images and videos of your units.
Property maintenance is one of the most important property management services. The property management company in San Fransisco Bay that you hire must offer repair and maintenance to their clients. When a tenant calls in to report a malfunctioning air conditioner or a water leak, your property managers should respond as quickly as possible.
The better care your San Fransisco property receives, the more it will increase in value over time. This will allow you to attract more tenants and charge more for rent.
Tenant Screening and Management
Finally, look for property managers who handle every aspect of tenant relations. This includes screening applicants to find the most qualified and reliable tenants. Of course, this also means drafting a legally sound lease agreement with your interests in mind.
Furthermore, your San Fransisco Bay property management company should collect rent, send late payment notifications, and send eviction notices (if necessary).
Do You Need Help Managing Your San Fransisco Property?
Being a landlord isn't for everyone. Fortunately, even if your own a property (or several), you don't have to be a landlord. Hire a property management company to take care of your properties and tenants.
If you're ready to take a look at your options, we're here for you. Contact Kenny Realty today to talk to someone about San Fransisco property management.