No one likes to make mistakes.
Typically, mistakes are easy to recover from, and ultimately not worth losing a lot of sleep over.
But when it comes to managing your Sacramento
rental property, those mistakes can be expensive and difficult to fix.
We see a lot of common mistakes made, especially by owners who are managing their own home. Those errors could be avoided with the expertise and oversight of a
professional property manager.
The risks can be overwhelming, and a professional property manager can help manage that risk and reduce liability.
Here are just a few ways that we can be particularly helpful.
Screening Applications
One of the most frequent errors made by property owners is not thoroughly screening potential residents. A simple background check, credit report, and rental history can give you a good sense of the resident’s reliability, but many landlords overlook this process or rush through it to fill vacancies quickly. Without proper screening, you risk attracting residents who may not pay on time, damage the property, or cause legal issues.
A professional property management company will have a refined screening process, ensuring that only qualified residents are selected. We verify income, assess credit scores, examine rental history, and follow all relevant regulations to avoid discriminatory practices. This careful screening can save you from long-term headaches.
Poor Maintenance and Repairs
Routine maintenance and timely repairs are essential for keeping residents happy and ensuring the property stays in good condition. Property owners often overlook or delay these tasks due to time constraints, lack of knowledge, or cost concerns. Unfortunately, this can lead to more significant issues throughout the life of your property, such as expensive repairs, dissatisfied residents, and potential damage to your property’s value.
A professional property management team can schedule regular inspections and maintenance, ensuring that small issues don’t escalate. We also have established relationships with trusted vendors, which often means quicker response times and better pricing for repairs. A proactive approach to maintenance not only keeps your property in top shape but also increases resident retention and satisfaction.
We can help you avoid those expensive maintenance mistakes and ensure your property’s condition and value are protected.
Inconsistent Rent Collection and Communication
Inconsistent rent collection or poor communication with residents is a common mistake for self-managing landlords. Delayed payments can affect your cash flow, and residents who feel they aren’t being listened to may cause unnecessary friction, leading to high turnover.
Property managers implement streamlined rent collection systems, ensuring timely payments through automated reminders or online payment portals. We also maintain open, professional lines of communication with residents, addressing concerns and resolving disputes before they escalate.
Marketing and Vacancy Strategies
