Blog Post

How to Find a Property Management Company

Dustin Edwards • June 2, 2023

Sometimes you need a hand managing your rental properties, whether you are an experienced investor or a new landlord. A high-quality property management company can provide that help. While saving some money by doing the management yourself is possible, you should consider the time you’re investing. The old adage “time is money” comes to mind. While you can spend an afternoon fixing a maintenance issue in a rental can save you a bit of money. In the grand scheme, that time could have been better spent investing in other properties or spending it with family, friends, or a hobby. People who use property management companies see it as a tool to save them time, which can, in turn, make them more money in the long run.


When searching for a property management company, there are a few items to consider. Today we’ll go over three main tips to help you find
the best property management company for you.


Research and Referrals

Because many times when you hire a property management company, contracts are involved, it's incredibly important to research prospective companies. Thorough research online is a great place to start. While the property management site may have some reviews and testimonials, you should consider finding review sites that aren’t biased toward the property management company in question. Aggregate review sites like Yelp will typically have all the reviews from customers, both positive and negative. These reviews are a great place to start when making your decision. 


You can also seek referrals from local real estate agents, landlords, or other property owners. When finding referrals, you should ensure the companies manage the same kind of properties you own. Many companies specialize in different properties, be aware of this fact as it can be an essential factor in your decision.


Interview the Companies

While the information on a property management company can tell you plenty of information, you may need to make a call. You can narrow your choices by scheduling interviews with the property management companies you are interested in. Ask questions about the kinds of properties they manage and if they manage many properties in Long Beach. This is an important question to lead with. If the company works exclusively in Long Beach, it will likely have faster response times, know the local laws better and have local tradesmen in cases of emergency repairs.


Other questions to ask about include their tenant screening processes and major maintenance procedures. Ask about anything that isn't overtly specified on their website. By taking the time to speak with you, you can evaluate their professionalism, responsiveness, and how well they are at communicating.


Check their Credentials

You must do business with a property management company that holds the licenses and certifications required by California and LA County. This will provide proof of compliance with regulations and show their professional standards. You should also look into their insurance, what it covers, and how it can help in protecting your property.


The property management in question and the tradesmen they work with, such as electricians and plumbers, should also be researched, as well as any other services they may use.


By using these three tips, you can make it easier to find a reputable property management company. One that suits your specific needs to help manage your properties. If you need help finding the right property management company for you or would like to ask us about our services, we invite you to call us today at (562) 888-0247, or you can fill out our
Owner Application online.

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By Dustin Edwards December 19, 2024
If you're properties are suffering from lack of heating this winter, these 3 common issues could be the cause.
By Dustin Edwards December 12, 2024
Although Southern California’s winters are typically mild when compared to other parts of the country, tenants still value a warm home during the cooler months. Taking steps to maintain a comfortable living environment shows your tenants that their needs are being prioritized. This is crucial for tenant satisfaction, especially during the holidays. Below are three methods to help keep tenants warm during the winter season. Maintain Heating System It's required for landlords to provide rentals with a working heating system, however, it's not uncommon for these to fall into disrepair either because of lack of maintenance or negligence. Scheduling regular inspections and maintenance before the coldest weather can help to ensure the heating is reliable and efficient. Cleaning air filters, and checking for cold spots, or irregular noises can help prevent small issues from escalating into expensive repairs. Preventative maintenance can help to reduce the chances of inconvenient calls for emergency repairs. Being proactive with your maintenance can also help you protect your investment while earning goodwill from your tenant. Another factor that can affect your heating system is drafts around windows and doors. These drafts can cause your heating system to overwork which makes the system less efficient, and reliable and ultimately reduces the lifespan of your heating system. You can address this by inspecting the seals around doors and windows for gaps or cold spots. Replace worn-out seals and caulking where it's needed. Offer Smart Thermostats Consider providing your tenants with a smart thermostat for energy-efficient heating. This can not only give tenants control over their comfort, but it's also a great tool to reduce energy usage. By providing this upgrade to your tenant, you show a commitment to your tenant’s satisfaction which can in turn result in a long-term tenant. These kinds of devices definitely benefit your tenants, though they can also contribute to the longevity of your rental property as well. Additionally, you can give your tenant a smart thermostat as a holiday gift . This can show your tenant that you’re not simply collecting rent while protecting your investment. Reverse Ceiling Fans The direction in which a ceiling fan rotates is oftentimes overlooked, and it can have a great effect on the temperature of a home. A ceiling fan is typically seen as a way to cool down a home during the hotter seasons without using the air conditioning . Reversing the spin of a ceiling fan can help to circulate warm air more efficiently during the cold season . This is because warm air rises, and a fan rotating clockwise will push the warm air back down helping maintain warm temperatures. Most fans have a switch on the motor and it is easily accessible for most people with a step ladder. This easy adjustment helps reduce the need for your tenant to use the heating system. Tenants will notice a more consistent and comfortable temperature indoors. This should also help reduce costs on their energy bill. Reversing the rotation of the ceiling fans also takes some of the strain off of the heating system. This helps to ensure it operates efficiently for years by reducing the wear and tear on it. Taking proactive steps this winter season to ensure your tenant’s comfort demonstrates a landlord’s commitment to their tenant’s comfort. A comfortable tenant is a satisfied tenant , which can lead to a long-term tenant and steady rental income. Consider it a small investment for long-term success. If you need help keeping your rental warm or managing Beach City rental property, we invite you to call us today at (562) 888-0247 or complete our Owner Application online .
By Dustin Edwards December 5, 2024
Discover 3 Gift Ideas for your tenants this holiday season.
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