Buying and managing property such as an investment can be seen as a great way to make passive income! However, tedious tasks such as dealing with calls in the middle of the night and interacting with rude tenants can take up many hours, leaving little time for activities such as travelling and spending time with family and friends.
The secret to this dilemma would be to find a great property manager to free up your time. There are a few things to look for when hiring a property manager in San Diego:
Find a property manager that consistently picks up the phone and answers emails in a timely matter. Nothing is more annoying than not being able to reach someone when you need them most! You want to feel like you are a priority to them, and that they will give you peace of mind when you are away from the property.
-Good with Technology
When a property manager utilizes tools such as a tenant portal and management system that they can log into. A tenant portal will provide you with tools such as online rent payments and maintenance requests.
-A good reputation
Look at the reviews of previous clients have said, and run a quick internet search of the company. Keep your eyes peeled for any red flags that may stand out to you.
Property management is an industry that requires extensive experience in the specific type of property you are considering. A company that specializes in residential property management may not be appropriate if you are looking for commercial property management.
-Holds the proper licenses
Some great questions to ask a potential property manager in San Diego would be
-What training and certifications do you have?
-Do you possess a broker’s license?
-What current certifications does your property management company have?
-Great with People
You want a property manager who has a positive demeanor and keeps tenants around. A rude property manager can scare off tenants which will lead to increasing the turnover of tenants. If you feel comfortable openly communicating with your property manager, then this is an amazing sign.