Renting out your property for some extra cash used to be so simple. You let a few friends know you had something for rent, you stuck a sign in the ground, a great prospect contacted you, terms were discussed and they moved in, sometimes without even a deposit because they “seemed so nice”, right?
Today, rentals are part of many retirement planning portfolios. New and constantly changing laws, both local and federal, require ongoing training and education because violations can be costly (up to $10,000 per incident).
As a result, dozens of Property Management companies have entered the market in recent years, so as an Investor, you have many choices. As you consider your Property Management Services options, some things to consider are your expectations regarding availability of your Manager, who is assigned to your property, how many years’ experience does that Manager have, does their Management style appeal to you, how often will they inspect the property, and how many other fees will be added to your monthly commission percentage?
At Presidio Property Management, our work is more than just a business, it’s a passion. We value professionalism, honesty and integrity and we are committed to protecting your asset. Call us today for a free, no obligation, on-site visit to evaluate your property and discuss your needs so that you can have real, honest information to help you make a decision about the best course of action for you and your property.