According to Pew Research, there are an estimated 20 million rental properties in the US. As a landlord, you understand the importance of using a leasing only service, as this can help you secure the best tenants for your properties. Instead of worrying about the administrative responsibilities associated with being a landlord, you can work with a San Diego property leasing company.
But property managers aren't created equal, and you need the best for your rental.
Choosing leasing services makes a big difference for landlords, which is why you need someone with specialized experience and positive reviews. It's also important to work with a company that values transparency, making the process easier.
Here's what to look for as you choose a leasing only service.
Plenty of Experience
Leasing management in San Diego isn't a one-size-fits-all, so you need a property management company that understands the industry's complexities and your specific area. No matter what the rental laws are -- both on a federal, state, and local level -- your leasing only service will know the ins and outs.
It's also important to work with someone who understands residential and commercial management, specializing in the area that pertains to your rental properties.
During this part of the vetting process, some leasing service tips include asking for testimonials and checking reviews, both online and from other community members.
Additionally, your property manager should have all their licenses and certificates.
Effective Communication and Transparency
Since a San Diego property leasing company will oversee the bulk of your rental's daily issues, you'll want to work with a manager who communicates effectively and keeps you posted about issues as they arise.
When contacting a property manager, ask yourself the following questions:
- How quickly do they take to get back to you?
- Do they answer all your questions clearly?
- Do you feel comfortable working with this leasing only service?
It's also important to clearly define which issues a property manager should handle and which require your direct attention, helping you save time as a landlord.
Finances are another important part of transparency, so ensure that the property manager you hire clearly explains their fee structure before you sign anything. Transparent pricing protects you from unanticipated expenses.
Leasing Options to Choose From
Since San Diego has one of the highest percentages of renters in the US, each with different needs, offering plenty of flexible leasing options is important. This includes both short and long-term leasing term leases, along with pliable options that accommodate changes in the market.
When you work with a leasing only service that caters to a wide range of prospective tenants, you're more likely to fill vacancies quickly, keeping your rental income steady while helping you manage stress as a landlord.
Work With the Best Leasing Only Service
When looking for the best leasing only service in San Diego, be sure to work with someone who's transparent, flexible, and has plenty of excellent reviews. Don't be afraid to ask for client testimonials and always work with someone who exercises a clear form of communication.
McLain Properties offers the most comprehensive property management for landlords in San Diego. No matter what type of rental you own, we'll ensure your property is treated with the utmost respect. Contact us today to speak with a member of our dedicated staff.