When leasing or renting out your real estate, an effective property management system can increase your profits while reducing stress levels. Selecting the right property manager makes your job easier and helps keep tenants happy. These tips below may assist you in making a wise hiring decision.  

3 Factors in Choosing a Property Management Agent

1. Screening Tenants

During interviews, ask your potential property managers how they screen tenants. Federal and California laws prohibit housing discrimination based on numerous classifications, including race, gender, age, disability, and family status. Managers should use a comprehensive process that is effective and legal that covers income, credit, and employment.

2. Maintaining Rental Property

Property managers need a strong system for maintaining rental homes or apartment buildings. Find out how they handle inspections before move-ins and move-outs, as well as routine tasks such as lawn care, garbage collection, and pest control.

Ask about their speed and method of responding to tenant requests for services and their procedures for documenting and completing work orders. Good property management includes having protocols for emergencies such as fires and floods in the units.   

3. Generating Property Income

Look for a property manager with the ability to protect and increase your property’s value and your rental income. Points to consider include maximizing any tax benefits associated with the property or its management, collecting rents on time, minimizing vacancies and property damage, and pursuing evictions effectively. When comparing rental property managers’ fees, consider how their agencies add value to your bottom line. 

Before you hire a property management agency, interview the team at Realty Roundup Inc. in Elk Grove, CA. These real estate professionals specialize in managing residential property, including rental homes, duplexes, and apartments, and offer competitive pricing. With additional locations in Stockton and Galt, this rental property management team works for clients throughout the Sacramento County area. For more information about what they offer property owners, visit their website or call (916) 685-6601 to make an appointment.