What to Expect from Full-Service Property Management in San Francisco Bay Area

Did you know that around 65% of San Franciscans rent their residences? That amounts to about 525,580 people, which is the population of Sacramento. San Francisco is the perfect haven for real estate investors to purchase properties thanks to high demand.

Staying on top of your rental units can be time-consuming, especially if you have more than one property. This article will discuss why you should invest in a full-service property management company in the Bay Area. Decrease your workload while increasing your passive income.

Comprehensive Tenant Screening Process

A San Francisco property management company has various tools and strategies they employ to screen potential tenants. Some of the processes they use include:

• Income verification
• Credit check
• Rental history
• Employment history
• Background check
• In-person interview
• Eviction records

Thoroughly checking tenants before you have them sign a lease can reduce the chances of eviction and late payments. These factors contribute to a more profitable and stable rental property.

Efficient Rent Collection

One of the main full-service property management benefits is that the company will handle rent collection themselves. This ensures consistent and timely payments.

A few of the tasks property management companies in SF handle include:

• Send rent payment reminders
• Set up an online rental payment system
• Assess and enforce potential late payment fees
• Go after delinquent payments
• Issue rental payment receipts
• Send property owner routine financial statements

Property management companies offer different methods for collecting rent, like automatic bank transfers or online payments. This gives your tenants easy ways to pay their fees while helping you receive your money faster.

Improved Property Maintenance

Long gone are the days when you have to deal with middle-of-the-night phone calls from your tenants about a maintenance issue. Your property management company will handle this on your behalf. Their responsibilities include some of the following things:

• Conducting routine, move-in, and move-out inspections
• Responding to all maintenance requests
• Coordinating landscaping
• Maintaining a network of reliable contractors and vendors
• Enforcing your property rules
• Complying with safety standards

Their approach is designed to keep your property in good condition and your tenants happy.

Dealing With Tenant Communication

Your property manager is the main point of contact for your tenants. Any concerns, requests, or questions will go to them instead of you. Some of the communications they can handle on your behalf include:

• Resolving disputes between tenants
• Giving tenants a clear way to communicate their needs
• Taking the time to understand the tenant's concerns
• Protecting the tenant's rights
• Handling different accommodation requests for disabilities

Partner With a Full-Service Property Management Company in the Bay Area

A full-service property management company in the Bay Area will make your life easier as a property owner. You can focus more on doing the things you love. Let your team of property managers handle the rest.

Kenny Realty is a full-service rental management company that serves the greater SF Bay Area. Our results guarantee ensures that you don't pay us a dime unless you're happy with our results. Contact our office to speak with one of our team members about our Bay Area real estate services.