Sunday, September 8, 2019

Dispelling Property Management Myths

Renting out a residential home or apartment unit requires informed decisions. While it's easy to buy into myths about property management, you owe it to yourself and your tenants to do your research before dismissing this option. Scott Safadi of Cal Bay Property Management has heard it all through the years and is happy to dispel some of the most common myths about property management:

It's too expensive
Time is money, and while you might see the time spent maintaining your rental as "free" labor, it's actually costing you a great deal. Consider how much labor you put into your duties as landlord each month. Assign yourself an hourly wage and do the math. Chances are good, you're spending way more than you would if a property management company were doing the job on your behalf!

Management Companies Will Rent to Anyone
One of the perks of renting out your property yourself is selecting the tenants by hand. While it's true that you might indeed dedicate more time to searching for the ideal tenant than a management company would, that's because we have more resources to weed out incompatible tenants. Allow Cal Bay Property Management to take over the leasing process. We'll maintain and even exceed your high standards for renters while saving you valuable time.

Property Management Companies Won't Maintain My Rental Like I Can
Your home is your pride and joy, and you want it to be preserved and maintained with care. The good news? We feel that way about our clients and the work we do on their behalf. Since we treat your rental property the way you would you had the time, you can rest easy knowing your home or apartment is in good hands.

- Scott Safadi, Cal Bay Property Management


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