No one can successfully manage a rental property alone. Even the best property owner or the most experienced property investor still needs a team of key professionals with specific areas of expertise to call on for help, questions, and problem solving.
Advantage Property Management Services manages both single-family and multi-family rental investments in San Francisco’s East Bay, serving cities in Alameda and Contra Costa counties, including but not limited to San Ramon, Danville, Pleasanton, Livermore, Dublin, Castro Valley, and San Leandro.
Professional Property Manager
A property manager replaces you in the daily operations of your rental—they represent your best interests. Their expertise and experience can help you earn more on your investment property. You can count on your management company to price your home competitively for quick turn, advertise it to tenants, screen applications and execute a strong lease. They will take care of the tenant relationship, oversee maintenance and repairs, collect the rent and enforce the lease, and handle any eviction process for you.
A good property manager will also have a strong understanding of the local market and the overall trends in the rental industry. Your management company will have the tools and resources necessary to provide a better rental experience for you and your tenants.
Plumbers and Roofers
Tip: Always work with licensed trade professionals.
Plumbers will respond to leaks in the bathroom, water heater issues, and toilets that don’t work. Most of the emergency calls that come from tenants are plumbing related, so it’s important to have a relationship in place with a plumber who is reliable and willing to help you 24 hours a day, if necessary.
A roofer is also a critical ally. A roof that is nearing the end of its useful life expectancy can cause serious problems, both inside and outside the property. You need someone who can regularly regularly inspect the property and take care of any needed replacements or repairs.
Hiring a handyman will also save you money. They are generally easier to work with because they can affordably handle most minor maintenance issues that pop up with the property.
Accountant (CPA) and Attorney
Tax laws are constantly changing, and you can count on your CPA to keep up with those changes. A good CPA will also help make sense of your financial statements and help in filing your taxes.
You also always want someone to turn to if legal problems arise. A good real estate attorney will help with things like drafting and understanding leases as well as filing for eviction.
So, whether you own one property or an entire portfolio of properties, make sure you have a strong team of professionals working with you. To find out what else a good East Bay property management company can do for you, please contact us at Advantage Property Management Services.