Managing a rental property isn't as easy as it may seem. DIY impulses are strong in our culture, and while many landlords think they are doing the right thing by managing their Sacramento rental properties themselves, it’s very easy to lose money and put your investment property at risk when you manage on your own.
If you’re not already working with a Sacramento property management company, it’s time to consider what a management partner can do for you that you simply don’t have the resources or technology to do on your own. Even if you have a lot of experience with rental homes, there will come a moment when you’re paying more because you don’t have the relationships or experience that a professional can bring to the table.
Here are some of the things a
professional Sacramento property manager can do that a DIY landlord simply cannot.
Lower Vacancy Rates
A professional property manager has the experience and knowledge to keep your property occupied. Property managers can help with:
- Setting the right rental value
- Marketing the property
- Showing properties
- Screening applicants
Landlords who work with property managers have lower vacancy rates, and their properties spend less time unoccupied. Professional managers also do a better job of retaining residents, which means
vacancy and turnover costs are much lower.
Legal Knowledge and Compliance
California is one of the most resident-friendly states in the U.S. If you don’t know the laws, it’s easy to make an expensive mistake.
Professional property management companies have an in-depth understanding of the laws and regulations governing rental properties. We invest in professional development and training. That means there’s more knowledge around fair housing, eviction, rent control, Section 8 residents, security deposits, and habitability. We can keep you in compliance and help you avoid potential issues and fines. A professional property manager can draft and negotiate
lease agreements, as well as help
enforce lease agreements and manage eviction proceedings when necessary.
Cost-Effective Property Maintenance and Repairs
DIY landlords may have trouble finding vendors who are licensed, insured, and affordable. Property managers already have these relationships in place.
With a professional property management partnership, landlords access a lot of peace of mind knowing that any maintenance and repair needs will be addressed promptly. Property managers can arrange for repairs, schedule routine property inspections, and ensure that the property is safe and habitable for residents.
As a DIY landlord, you cannot negotiate the best rates like a property manager can.
That’s because we provide our vendors, contractors, and service providers with a high volume of work. That gives us the economic leverage to access deep discounts and preferred rates. We save you money on repairs and upgrades.
Peace of Mind
Why suffer? Partner with a property management company so you can earn more, spend less, and have a more enjoyable rental experience. Your residents will appreciate the professional management, too.
If you’d like to hear more about our services, please contact us at Sacramento Delta Property Management. We have been working with owners and their investment properties for more than 40 years.