Did you know that there are nearly 75,000 vacant homes in San Diego, with 26% of them being vacant rental properties? If you're a real estate investor in the San Diego area then you've got competition finding good tenants.
But you don't need to worry any longer about how you're going to stand out from the crowd and navigate the sea of potential renters. Keep reading to learn the best-kept secret for keeping your passive income passive while still maintaining control over your properties: a leasing-only service.
What Is a Leasing Only Service?
You wouldn't try to start and grow a new business without a marketing department and legal advice. Yet, you're trying to increase profits from your real estate portfolio on your own. Working with a leasing-only real estate management service gives you the marketing and legal help you need.
Some services that a leasing-only service offers include:
- Marketing for vacant properties
- Property showings
- Tenant screening with full background and credit checks
- Ensuring the lease is compliant with California laws
- Collect security deposits
- Limit property liabilities by verifying renters' insurance
Take these nagging items off your to-do list and let an expert property management company handle these tasks for you.
Working with a local expert who knows the San Diego rental landscape will save you time scheduling showings with tenants who don't show up or waste your time. Instead, work with experts in leasing management services so your passive rental income can start to feel passive again.
Why You Could Benefit From a Leasing-Only Service
For some landlords, delegating full responsibility for their rental properties is the only way to go. For other landlords, you want to maintain some control over the daily upkeep of your properties.
With a leasing-only service, you're still involved with your current long-term tenants. You collect the rent each month, ensure the lawn is properly maintained, and ensure your tenants are happy.
When you hire a service to take over finding and signing new leases, however, you can take marketing and screening tenants off your plate. With an expert, you'll ensure all screening laws are followed. You'll also benefit from having professional vetting of each potential tenant.
Real estate income is a great source of passive income. With a leasing-only service, you can make your income property even more passive. Stop spending your weekends showing your vacant property, let an expert do it for you.
Rent Out Your San Diego Property Today
With a leasing-only service, you don't have to worry any longer about losing money with vacant rental properties. When you work with an expert you're sure to find that your next renters are going to value your property as much as you do.
Here at Harland Property Management, we are located in the heart of La Jolla. All of our property managers live locally in the San Diego area with a combined experience of over 50 years in property management.
We pride ourselves in offering unparalleled service you can trust. If you're ready to increase your rental property income while decreasing your workload and stress, then click here to get your free rental analysis today.
