Property management can be an enormous undertaking. Managing a property requires a significant commitment of time and effort.If you are pressed for time, consider hiring a property manager in San Jose to manage your rental property.
A good property manager can be well worth the investment. Your property manager is more than just a caretaker of your rental property. The professional will handle the operation, maintenance, and administration of your property.
Here are some critical tasks property managers help property owners with:
Collecting and Depositing Rent Payments On Time: Property management companies have tried and tested processes in place to collect rent every month from tenants. Your property manager will be responsible for ensuring optimal cash flow by setting a date for rent collection.
The professional will create a rent collection policy and strictly enforce late payment penalties. Your property manager will also increase or decrease the rent when necessary.
An experienced property manager knows how to spot a good tenant and avoid the bad and irresponsible ones. Your property manager will handle all calls and applications, perform screenings and background checks, run credit reports, verify details (both professional and personal), and conduct walkthroughs of the property with prospective tenants.
Marketing Your Property: Your San Jose property manager is responsible for marketing and advertising your property. Experienced property managers know the best platforms to advertise rental properties.
Your property manager will come up with an effective plan to market your property. They will create a compelling and unique message. The professional will take great pictures of your property from different angles and post themon different listing sites.
Setting Rental Rates:When setting rental rates, an experienced property manager conducts a thorough market study. They research the neighborhood and investigate the rates of similar rentals in the locality.
The professional will also consider other factors that can impact rental values, such as whether the property owner allows pets and whether the property needs repairs.
Handling Maintenance Issues:Your property management company is responsible for making repairs and conducting maintenance to keep the property in a habitable condition.
Many rental management companies have a maintenance team that is responsible for maintaining the outside of the property, the pool (if your property has one), and the recreation area. Your manager will oversee in-house maintenance and supervise tasks such as removal of snow or leaves.
Your property manager will also recommend repairs and upgrades that will increase the value of your property and make sure it is in compliance with local, state, and federal regulations.
Valley Management Group is one of the most trusted property management companies in San Jose. We are proud to be the preferred property management company of many rental property owners in San Jose. We take the guesswork out of property management. We act as a bridge between landlords and tenants, and facilitate effective communication to improve landlord-tenant relationship.
Call Valley Management Group at 408-286-4200 or visit our office at 1625 The Alameda #707, San Jose, CA 95126 For a FREE Property Management Quote with One FREE Month of Services!
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