.webp)
San Diego is now considered the most competitive rental market in southern California, according to RentCafe.
If you're a property investor, you could do much worse than buying rental property in San Diego. With so much competition between renters, there's a clear opportunity to add significant value to your investment portfolio.
Whether you're a native of San Diego or an outside investor, you may need help running your rental property. Hiring a property manager is a great idea, but what do these services truly offer?
In today's post, we're going to look at property management duties and responsibilities. Keep reading and figure out if San Diego rental management is the right move for your next rental property.
Property Marketing
One of the keys to successful property ownership is finding and keeping great tenants. Finding them is among the most crucial property management tasks.
Your property manager will create a great property listing featuring quality real estate photos and a thorough description of the property. They'll post it in the most suitable locations and use digital marketing tactics to cast the widest possible net for tenants.
Tenant Screening
With great property marketing, you should end up with a long list of applicants for your vacancies. You can't just close your eyes and pick a name out of a hat, however. Your San Diego rental management service will employ discreet tenant screening practices to single out the best candidates.
This should involve tenant background and financial checks, which will tell your property manager if the person has good character and can afford monthly rent. Without tenant screening, you're at risk of allowing a delinquent tenant into your rental. This is the biggest source of stress and a major risk to your investment.
Tenant Management
Once you've chosen the perfect tenant, the ball is back in your court to keep them happy. When you have happy tenants, they're more likely to stay put in your rental. This greatly lowers rental vacancies and keeps money flowing into your property.
The best real estate management in San Diego will mostly give tenants their privacy. Routine inspections are a must, but they'll implement a tenant portal so that they can communicate with the tenant. A tenant portal gives both parties a single location to communicate, make/accept rental payments, and deal with maintenance requests.
Property Maintenance
That brings us to one of the most crucial property manager duties - maintenance. Rental properties go through an inordinate amount of wear and tear.
It's your property manager's responsibility to tackle maintenance issues as they arise. The longer they allow things to fester, the more problematic and costly they'll become. Regular maintenance is key to the long-term profitability of your rental property.
Harland: Handling Property Management Duties and Responsibilities so You Don't Have To
These are a few of the biggest property management duties and responsibilities. Having great San Diego property care makes property investing so much simpler.
Harland Property Management has been serving San Diego landlords and tenants for 18 years. We offer all of the services mentioned here and more. Contact us today to learn more about us and how we can help you run your rental property.
