SAN JOSE — Managing a property is a big responsibility, which is why it often makes sense to leave it to a professional. However, you’ll want to make sure the company you hire is willing and able to provide top-notch service. Here are three attributes to look for when choosing a property management company.
1. Relevant expertise
Make sure the company you hire is accustomed to managing the type of property you own. Even if a company has experience managing single-family homes or condos, it may not be experienced in managing full apartment buildings or commercial properties, and vice versa. By hiring a company with relevant expertise, you’ll have more confidence in the service it provides.
2. Local proximity
There are many good reasons to hire a property management company that’s located in the same area as your property. For one, it’ll be familiar with local rent control ordinances and other localized aspects of the rental market. It’ll also know the best local vendors to hire for services like maintenance and repairs. All in all, a local property management company is more likely to give you a great value for your investment.
3. Comprehensive capabilities
Besides having relevant expertise, a property management company should possess adequate knowledge and resources to ensure excellent service. For example, it should have a professional staff that’s well-versed in all aspects of fair housing, from rent control to maintenance requirements. In addition, the company should have enough workers to carry out all necessary tasks. Property management is a multi-faceted field, so it’s crucial that the company you hire is equipped to cover all pertinent bases.

3 Attributes to Look for in a Property Management Company

Find out the top three attributes to look for when hiring a property management company.

3 Attributes to Look for in a Property Management Company by Sam LaPlaca

By Sam LaPlaca of {BR} CM Property Management Inc.

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Taking a Preventive Approach to Tenancy

Video: Considerations for an Investment Property

when it comes to managing a rental
property there are a few important
things that you'll need to know today
we're in San Jose with diamond certified
expert contributor Sam laaka of CM
Property Management to learn more
preventative maintenance is very
important on any investment property um
there's the physical preventative
maintenance things like um you know
keeping your rain gutters clean so they
don't back up and cause damage to the
the roof keeping trees trimmed off the
uh building or off the roof so that
doesn't Advance the deterioration of any
of the uh the roof or the property but
I'm going to talk today about the
non-physical aspects such as
pre-qualifying a tenant and the lease
agreement so one thing if you're going
to offer your house to to rent to
somebody and they're going to take a you
know possessory right and move in you
want to make sure that they're qualified
so look at the fact that they have at
least three times the amount of the rent
as income um good credit history and
good rental history background and
verify all those with documentation and
also have a very comprehensive rental
agreement that's going to cover all
aspects of their tency not only who's
living there and how much rent they're
going to pay but also the um the things
they need to do to to be a good tenant
such as uh report any maintenance issues
right away um if there's any other um uh
concerns about cleanliness or things
that could uh cause problems in the prop
property to make sure that those are all
taken care of so you need to go over the
lease in great detail with the the
tenant when they move in so all those
expectations are laid out in a very
clear
fashion to learn more from local top
rated companies visit our Diamond
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