Property Management Blog

When should you hire a professional Property Manager?

System - Sunday, April 5, 2015
You have a large number of properties or rental units & your time is valuable. 
The more rental properties you own and the more units they contain, the more you're likely to benefit from a management company. Management can be very time consuming and keeping up with the many landlord/tenant laws will consume your time, let alone actively managing the units.

You live out of town.
If your rental property is located far from where you live (over 35 miles), hiring a property management company can be invaluable in dealing with issues that may arise, such as:
Advertising, taking rental calls and showing the property
Screening prospective Tenants
Executing rental agreements
Handling with Tenant issues or maintenance requests
Collecting rent
Legal notices and evictions
Accounting reports
You don’t have time
Complying with the Rental Housing Inspection Program
Staying compliant with Real Estate Laws & Practices.

If you view rental property ownership strictly as an investment and want little or nothing to do with the day-to-day management of your properties, consider hiring help to manage your property.  Even if you enjoy hands-on management, you may not have much time to devote to your RE Investment, especially if landlording isn't your day job. And if you prefer to spend your time growing your business, including searching for new properties, arranging financing for renovations, or changing your business structure, then a management company may be a good way to spend your money.

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Sacramento Property Management Services Inc.

1621 13Th Street Office Space B-1
Sacramento CA 95814

P: (916) 446-6663
F: (916) 446-0944

Michelle L. Horneff-Cohen
Broker # 01317494
Corporation License Number ID#02005599