4 minute read
Scheduling and management of property viewings
Real Estate Advice
Advertisement
BY PETE SABINE
Being a landlord requires effort and dedication. If you live far away from your rental property or have other personal commitments, hiring a property management company is a good option. Some of the benefits of hiring professional property management services include:
Finding High Quality Tenants
The biggest challenge for most landlords is to find responsible tenants for their rental homes. This ensures timely payment of rent, proper maintenance of the home and fewer problems during the tenancy period. Professional property managers have defined criteria for screening applicants and selecting the most suitable occupant for your property. Experience in scrutinizing thousands of rental applica tions will extract the facts and identify warning signs. In-depth research about the tenant’s background, employment, rental records, income, criminal history, and previous rental experiences ensures that you are renting your property to the best qualified tenant.
Effective Property Advertising
A property manager uses the most effective resources to market your property to a large pool of prospective tenants. Posting high quality photos and virtual tours of the home will help to set your property apart from the competition. Property managers will offer effective staging tips and evaluate the condition of your home to recommend improvements that will increase its appeal and rental value.
Strict Rent Collection Process
Collecting timely rent every month is important to ensure a consistent cash flow. When you work with a property management company, you can be assured they will collect the rent on time and deposit it into your bank account. They demand that tenants follow the lease terms and pay the rent by the due date. In case of delays, they know the proper and legal ways to deal with the situation.
Property Maintenance and Repairs
Performing maintenance and repair tasks on time not only ensures a comfort
Are you considering renting your home or buying rental property? Top 10 Benefits of Professional Property Management
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Determine competitive market rental value Effective large-scale marketing campaigns Finding high quality prospective tenants Scheduling and management of property viewings Higher tenant retention and lower vacancy losses Systematic rent collection ensures consistent cash flow Property maintenance and repairs Mitigation of legal issues through effective risk management Accounting to maximize your after-tax investment income Hassle-free property ownership experience
Owning investment property can be rewarding and lucrative if managed properly. Contact us to find out how we can help you
build wealth through income real estate ownership. Pete Sabine 925.297.5335
DRE #00889760
Leslie Whitney 510.388.5794
DRE #01950037 able stay for the tenants, but also retains the value of your investment property. By hiring professional property management services, you are able to outsource the task to licensed and qualified contractors. The property manager will conduct regular inspections of the rental home to identify and repair any potential issues before they pose larger and more costly problems.
Better Tenant Retention
Property managers act as a point of contact between the landlord and tenants. When maintenance issues are addressed promptly, tenants are less likely to look for another place to live. This, in turn, will lead to shorter vacancy cycles for your rental home. You will also be saved the effort of finding and screening new tenants, marStay Alert!
BY COLLEEN CALLAHAN
Prior to the Medicare Prescription Drug annual enrollment period each year, agents are required to complete training. Part of the training addresses Medicare Fraud. Can you guess what I am doing now?
If you navigate to the Medicare website you will see a section called “Help fight Medicare Fraud.” There is even a warning to be especially careful and on the lookout for con artists now because of COVID-19.
Those over 65 are favorite targets for all sorts of nasty cybercriminals. They offer to help you detect holes in your computer security and then steal from you. They make attempts on your bank account by changing addresses. They can take over your cellphones or email and use your fre quent flyer points, all in the blink of an eye.
Bad guys may try to get your Medicare Number or personal information so they can steal your identity and commit Medicare fraud. Ultimately that causes higher keting, arranging visits, re-painting the home etc.
Legal Issues
A property manager has in-depth knowledge of the tenant-landlord laws and ensures that the process is carried out in a legal manner, saving you from exposure to costly litigation.
Contact us to discuss your options for property management of your rental property. We are affiliated with a local professional property management company and we can relieve you of the burden and hassle of managing your income investment properties. Call or text 925.297.5335. Pete Sabine & Leslie Whitney. Compass #01866771
Medicare Fraud
SPONSORED CONTENT health care costs and taxes for everyone. Not to mention a great deal of stress for the unfortunate victim. Remember to be diligent, protect yourself. Guard your Medi care card. A few important reminders:
Medicare will never contact you for your Medicare Number or other personal information unless you have given them permission in advance.
Medicare will never call you to sell you anything. You may get calls from people promising you things if you give them a Medicare Number. Do not do it. Medicare will never visit you at your home.
Check regularly for Medicare billing fraud. Review your Medicare claims and Medicare Summary Notices for any ser vices billed to your Medicare Number that you do not recognize. Report anything suspicious to Medicare. If you suspect fraud, call 1-800-MEDICARE. Please call us with any questions. We are here to help.
Colleen Callahan, CLU, CASL, LUTCF. Colleen Callahan Insurance Services is located in Pleasant Hill. Contact her 925.363.5433 or ccallahan@callahaninsur ance.com. SPONSORED CONTENT
| AUGUST 2020 | OURCOMMUNITYFOCUS.COM