When you’re working with a San Diego property manager, you should expect a lot of things. Your property manager is tasked with finding tenants, maintaining your property, and taking care of day-to-day things like rent collection, lease enforcement, and tenant relationships.
These are all important, but the overarching role of your property management company should be to ensure you’re earning more and spending less on your investment. That’s your property manager’s first responsibility. You need an experienced professional who is excellent at communicating, documenting, and protecting you and your San Diego rental home.
If you’re finding that these basic needs are not being met, you might want to consider talking to your management company or exploring more qualified options.
RentSimpli is a full-service San Diego property management company specializing in single family homes, townhouses, condos, mobile homes, small commercial buildings and small apartments.
Basic San Diego Property Management Functions
At the very minimum, your management company needs to prepare your home for the rental market and recommend a competitive but profitable rental value. Once you’re ready to place tenants, you should expect a management company to handle:
- Marketing your home.
- Responding to inquiries from potential tenants.
- Showing your rental property.
- Collecting lease applications.
- Screening tenants.
- Collecting and holding the security deposit and other move-in funds.
- Executing the lease and communicating tenant responsibilities.
- Conducting a move-in inspection.
Once your tenant is in place, your property manager should be expected to manage that relationship and to take care of rent collection, lease enforcement, routine and emergency maintenance, and communication.
These are just the basics. Your management company should have a process in place for everything from late rent payments to unauthorized pets. Your San Diego property manager should also be current on all the state, local, and federal laws pertaining to your rental investment. This is especially important in California, where tenants are well-protected. You need someone on your side who is educated and able to keep you in compliance.
Beyond the Basics: San Diego Property Management Professionals
All of those things should be done without question. You know you’re really working with an excellent San Diego property management company when you have a team of people willing to go beyond the basics and provide you with real value. This might mean helping you decide which upgrades and updates to make to your rental property to make it more appealing to well-qualified tenants and to get it rented faster for more. It means keeping your vacancy rates low and your tenant retention rates high. It means helping you make decisions that are smart for your single investment property and your entire real estate portfolio.
You need a property management company that does more than collect the rent and choose your tenants. You need a real partner who can help you make smart investment decisions that are legally compliant and proactive in getting you closer to your investment goals.
We love working with San Diego real estate investors at every level of their career. Whether you’re buying your first property, adding to your portfolio, or looking for a property management company that can better meet your needs, contact us at RentSimpli. We serve landlords and property owners in San Diego, La Mesa, El Cajon, Chula Vista, Santee, Rancho Bernardo, Escondido, Fallbrook, Temecula, and Murrieta. We’d be happy to tell you more about what we can do for you.