One of the most time consuming parts of being a landlord is dealing with the day-to-day management issues that inevitably arise. Interviewing potential tenants, dealing with evictions, coping with plumbings issues or countless other things can make you a slave to your properties, rather than allowing you to enjoy passive income.

 

One way to get around this is by hiring a property management company. When you have a good company working for you, they can take care of the headaches, while you sit back and enjoy the rental income. Here are some tips for what to look for in a Pacific Beach property management company to get you started:

1. Make sure the company is not already overloaded with properties. A good rule of thumb is that they should manage no more than 30-40 properties for each employee that they have. This helps keep them from getting spread too thin so that they can give your properties the attention that they deserve.

 

2. Make sure that the property managers pay in-person visits to the properties on a regular schedule. The only way to stay on top of what is happening with your properties is for someone to physically inspect them and make sure that everything is okay. Any good property manager should be willing to provide routine inspections.

 

3. Make sure their fees are affordable. You don't want to lose all of your profits by having to pay outrageous fees to a property management company. At the same time, however, you may not want to go with a company that offers rock bottom prices since they may skimp on their service. Instead, try to look for a company that falls somewhere in the middle of the price range.

These tips should help you find the perfect Pacific Beach property management company for your rentals.