Would you like to invest in real estate? Do you have a vacation home you would like to rent? Are you relocating to another area but don’t want to sell your current home? If you answered yes to any of these questions, hiring a property management firm may prove to beneficial to you – in more ways than one.
Managing your property on your own, especially if you’ve never done it before, can prove to be extremely time consuming. That’s because managing properties isn’t as easy as 1, 2, 3, it requires numerous resources, in order to successfully complete all of the necessary tasks.
Just some of the tasks that are necessary to keep your property afloat over the term of any given lease include calculating accurate income and expenses, scheduling and overseeing any necessary repairs, staying current on the area’s legal environment and maintaining the landscape.
To Hire or Not to Hire? That is the Question.
Although the question of whether or not hiring a project management firm is right, is ultimately up to you to decide, it pays to follow these tips to ensure you find the perfect project management firm in order to minimize the hassles associated with being a landlord.
- Find out which services the firm provides.
- Ask how many years’ experience they have working in the industry.
- Don’t factor your decision based on price alone.
- Find a firm that provides an online portal 24 hours a day.
Selecting a Property Manager
Deciding to hire a good property management firm, such as Proedge Property Management, can tackle all of the troubles and possible pitfalls of renting your Californian property without requiring you to ever lift a finger. Best of all, they interact on your behalf with all prospective applicants, to provide you with the best tenants.
Proedge is a full service property management firm which advertises your property, screens all prospective tenants, coordinates the execution of the lease and collects monthly rent. We additionally coordinate all maintenance and repair work as needed as well as complete all of your accounting for you.