In 2018, there were nearly 20 million rental properties in the United States. If you are one of those reaping the benefits of owning a rental property, then you know how beneficial and stressful this can be.
One way to make your life easier is by hiring a property manager. Thinking this sounds like the solution for you? Read on to find the telltale signs that you need San Francisco Bay property management!
You Have Several Properties
When you have several properties to take care of rent, rent out, and manage it can be difficult to keep everything in order. From dealing with your tenants to general maintenance, when you start accumulating rentals then you may find yourself with too much to do. One of the benefits of property management is taking too much work away from you and simply allowing you to collect your profits.
You Feel Stressed Out
Wondering "do I need a property manager?" Well, the answer may be easy to find if you are feeling overwhelmed or stressed out. As previously mentioned, too much work can really drain a person. If you are no longer enjoying the work you do, it's time to outsource.
You Live Far From Your Properties
When you live far away from your rentals, it makes it hard to keep up with everything associated with them. You may find yourself taking too many trips to the Bay area. That's why property management in San Francisco Bay can help you get control over your business.
You Have Other Responsibilities
Maybe owning rental property isn't your full-time gig. That's amazing that you are optimizing your income! However, that is a lot of responsibility to take on. Hiring a property management company will allow you to focus on your main job and have your side hustle working without an overload on you.
You Can't Find Good Tenants
Dealing with too many vacancies or having bad tenant experiences is something that many landlords fear. You probably need help with marketing and vetting your potential renters. There are tons of competitors in the market and you have to figure out how to advertise yourself to attract the right kind of people.
A great management company can take care of this for you. They have the experience and tactics to make you successful.
You Have Trouble Getting On-Time Rent Payments
If you find yourself constantly seeing late payments come through, you're probably beyond frustrated. A property manager would be able to handle this situation for you. They will also be able to implement strategies to make sure that doesn't continue to happen.
San Francisco Bay Property Management
What does a property manager do? They ultimately make your life and job easier overall. If you are experiencing any of these situations then you likely need to hire a San Francisco Bay property management!
Are you ready to reap the benefits of property management? Contact us today to get started!
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.