Some things in life you want to DIY, but if you can’t or don’t know how to do it yourself, make it easier on yourself by hiring someone to do it for you. You wouldn’t want to fly a plane if you haven’t had the proper education, right? Or volunteer to host Thanksgiving dinner when you’ve never cooked a meal? It’s the same for property management!
Working with a property management company can ease your mind and avoid the headache of having to figure out something you’ve never done before. Here are ten reasons why you should hire a property manager.
1. Saves you time
As your property manager, we handle everything that needs to be done when it comes to your property. All we need from you is your approval and with a quick yes or a slight modification, we’ll coordinate your project from beginning to end.
2. We deal directly with your tenant.
Part of our job as your property management company is working with your tenant. We respond to any tenant complaints or concerns, work as the middleman to handle repairs and are available 24-hours for tenant emergencies during non-business hours. When the hot water heater goes out on Christmas Eve, we are the ones that get the call and coordinate the repairs.
3. We handle all the paperwork.
Another aspect of our property management service is taking care of your financials. We collect rent and pay any bills. You receive all breakdowns in a monthly report with copies of all bills paid. We also have online payouts available for your convenience.
At the end of the year, you receive a 1099 for a rents received, plus a yearly report for your tax preparer.
4. We keep your house well maintained.
Yearly, we visit your property and conduct an annual inspection. We check smoke and monoxide detectors, look for any needed repairs and discuss any repairs or updates needed with the tenants. Owners are then notified of any issues found or any tenant concerns.
5. When vacant, we find you a new tenant.
When a tenant moves out, we handle security deposit issues, coordinate work to get your rental ready to rent and start to market your property as soon as possible. We supervise any work needed to prepare the property for occupancy. Once ready, we schedule and show your property to prospective tenants.
6. Marketing
The more exposure you have, the more applicants you will have to choose from. At Kenny Realty, we use all the most popular online websites to expose your property to the largest number of possible tenants. We provide marketing photos and descriptions to make your property look the best it can be. We also market your property on social media.
7. Tenant screening.
When prospective tenants apply, they are put through our detailed screening process.
Our thorough screening of applicants includes:
Credit check
Eviction screening
Income verification
Reference from previous landlord
We provide the information and you make the final decision on who your tenant will be.
8. Experience.
It’s our job to give you advice and share insight on the current rental market. We stay on top of present market conditions to be sure you get the best price for your house. This includes rent increases for existing tenants as market rates change.
9. Savings with vendors.
We manage 700+ properties and that type of volume gives us better rates with our contractors. It is very common that we can save you money when it comes to your repairs and remodel projects.
10. Our business-like approach
The best part of having a property manager is that your tenants come to us with their problems and issues. You can remain completely anonymous to your tenants and still make all the decisions. It is common with self managed properties, for the owner to become social with their tenants. Tenants develop a friendly relationship with the owner and can take advantage of that friendship. As the middle-man, it is easier for us to keep the tenants to the rent due deadlines in their leases, and other responsibilities they may have in their leases.
Property Management for Rentals
Property management companies are here to make your lives easier. When you work with Kenny Realty, we work as a team to do what’s best for you and your property. For more information, or to hear more about our services visit or call our office at (650)598-6422.
Evan has been in the real estate and property management field for 6+ years. He is experienced in working with first time home buyers, is an Accredited Buyer’s Representative (ABR®), Seller Representative Specialist® (SRS) and Seniors Real Estate Specialist®(SRES®). He also works closely with Kenny Realty owners, getting their rental properties rented as quickly as possible. Evan is responsible for monitoring rental market conditions and advising our owners on market rates. He has outstanding communication with all clients he works with, keeping everyone in the loop at all times. He is the third generation of the Kenny family to practice property management on the peninsula.