Over 50% of Los Angeles County's dwellings are renter-occupied, making it the perfect place to invest in a rental property.
Being a rental property owner comes with a wide set of benefits. Having a stable monthly income from your rental can help you build wealth and boost your portfolio. That said, being a landlord can be a lot of difficult work.
If you're in over your head with your rental, it might be time to choose full service property management. Today, we'll explain some of the reasons why you might choose Antelope Valley property services and mention a few property management benefits along the way. Keep reading and make the most of your Antelope Valley investment.
Lower Vacancy Rate
One of the biggest full-service management advantages is their ability to lower your vacancy rates by attracting prospective tenants to your rental. They'll make sure your property looks attractive to renters before listing it on the market.
When they do list, they'll create an enticing rental listing that stands out from the competition. It'll include a thorough description of your property and the local amenities renters will have access to. They'll complete the listing with professional-quality photos that showcase the rental in the best light.
Tenant Screening
With great property marketing, you'll end up with a large pool of applicants. From there, your property manager will utilize thorough tenant screening practices to get you the best candidate. The quality of your tenants makes the biggest difference in the success or failure of your rental property.
Screening looks into applicants' financial and personal backgrounds. If they've got poor credit or a concerning criminal past, they'll be screened out of the competition. In the end, you'll be left with a reliable and respectful tenant.
Easier Rent Collection
Good property managers streamline rent collection. Using an online tenant portal, your property management team will make it simple and easy to pay rent. As such, you won't have to worry about late or delinquent payments.
Proactive Maintenance
Rental properties go through more wear and tear than owner-occupied ones. Rental property solutions include proactive maintenance that ensures your property stays in good shape for longer.
Your property manager will also respond to tenant maintenance requests. Keeping tenants satisfied is yet another way that property managers show their worth.
Eviction Protection
In the unlikely event you need to evict a tenant, a property manager will take care of it on your behalf. Evictions are long and stressful processes that require an understanding of local laws and procedures. Property management teams have this knowledge in spades.
In addition, they'll offer eviction protection services. This guarantees that you won't have to pay out of pocket for the costs associated with eviction.
Hire Full Service Property Management in Antelope Valley
Now that you know why you should choose full service property management, it's time to tell you about the best property management experts in Antelope Valley. PMI Antelope Valley offers comprehensive services, including everything mentioned here.
To learn how we can improve your rental property, contact us today.
