Most property owners think that hiring an on-site property manager is the only way to go. But there are many reasons why off-site property management in Costa Mesa, CA can be a better and more profitable option for some homeowners. From perks like expert tenant screening and worry-free rent collection to the ability to live out of state and the cost-effectiveness of services like plumbing repairs, off-site property management in Costa Mesa can be more beneficial for business owners than having on-site managers.
Before you make any decisions about your rental properties or their management, check out these 6 reasons to choose off-site property management.
#1 Save Money with Fewer Expenses
Off-site property management Costa Mesa, CA companies are often much cheaper than on-site management companies. You may find that having an on-site manager is the equivalent of hiring a new employee as opposed to just contracting out management services. This may mean paying full salaries and benefits to the manager. Having an on-site manager isn’t
cost-effective for many properties.
#2 Improved Service for Your Tenants
Off-site property management companies have access to a large number of professionals, so they can rotate through their network to find the best technicians. Having a network of vendors of this size is simply not feasible for an on-site property manager who is either doing the handyman work themselves or hiring vendors intermittently.
#3 Worry-Free Rent Collection
A manager who works on-site can collect rent for you. Even though it’s useful to have someone else do the dirty work – such as knocking on doors, depositing checks, and issuing late fees – today’s property management companies also provide an array of additional services and streamlined rent collection methods.
You control cash flow with tenant-friendly features like simple online payments that automate manual and physical processes. At True Property Managers, we have a “Tenant Portal.