Landlords in Carlsbad who are comfortable managing their own rental properties can benefit from hiring a professional management company to place tenants. This is one of the services management companies can offer to help do-it-yourself landlords. You can hire a management company to find you a tenant, and still take care of the day to day management yourself.
Tenant Placement Services
A lot of management companies offer tenant placement services, and we highly recommend that for DIY landlords. If you’re set up to handle all the maintenance and rent collection and other management issues, that’s great. A lot of landlords get into trouble during the renting of the property. Most private landlords don’t have the means to advertise the property effectively like management companies do. We have the resources and the reputation that can help attract the best possible tenants.
Professional Advertising and Screening
Companies that provide tenant placement can get your property rented quickly, and that’s a huge benefit. We advertise the property across the Internet and we screen applicants based on our documented qualifications and criteria. Once we process the application and a tenant passes the screening, we create our lease agreement so you know you have a strong lease in place with your tenant.
Move In and Security Deposit Collection
After the lease is signed, we control the move in process and collect the security deposit as well as the first month’s rent. A property manager will require certified funds, such as a cashier’s check or a money order, so you won’t have to worry about those funds bouncing after you’ve turned over the keys. Then, we turn the property over to you. We meet the tenants at the property and do the walk through and you take it from there. We’ll give them your contact info and at least you know you have a good tenant who is qualified and will pay the rent on time. There are always anomalies; some people slip through the cracks, but I don’t remember the last time we had to evict someone who passed our screening process.
If you have any questions, or you’d be interested in using a property manager for tenant placement, please contact us at Real Property Management, and we’d be happy to tell you more.