Why should a Landlord hire a Property Management Company?

January 25, 2012

By: Angie Nunez, Property Manager

Once you have invested in a rental property, the responsibility of maintaining and running the commercial property can quickly become overwhelming. Many landlords manage properties on their own or with the help of a resident manager.

Sometimes landlords need more help, and that’s when a property management company makes more sense. Property management companies can be a huge asset to your property. Carefully review the factors discussed below to determine if hiring a property management company is the right move for your property. 


Why Should I Hire Pacific Coast Commercial To Handle My Property Needs? 

• You don’t live near your rental property. If your rental property is located far from where you live, a property management company can deal and respond to the many issues that you will not be able to handle from afar.  Additionally you can live and travel without the requirement of always being available in the event that your tenants have a need.
• Your time is limited. Even if you enjoy hands-on management, you may not have much time to devote to your business, especially if landlording isn’t your day job. If you prefer to spend your time growing your business. Your time can be more profitably spent in areas other than servicing your properties.
• Your freedom. Avoid having to deal with middle of the night emergencies, chasing down rent, evicting people from your property, tenants who wreck your property, rental scams, lousy vendors, piles of paperwork. You have more time to spend with family or friends doing things you enjoy.
• You’re not interested in hands-on management.  You do not feel like leaving your friends and family to go show the units to prospective tenants and screening applicants. 

What Will Pacific Coast Commercial Do? 

• Deal directly with prospects.  Finding tenants for your vacant unit, handling every phase from showing the unit to signing the lease. Set requirements and standards for accepting or declining an applicant and ensuring you comply with fair housing rules and other local and state regulations.
• Market your rentals. Market your unit and terms using several tools (online, newspaper, “For Rent” signs). Overpriced units sit empty while other units get rented. Knowledge of rental rates is a key factor to fast rentals and quick cash flow.
• Collect rent. Establish a due date and where to pay the rent in a timely manner. Quick and consistent rent collection is absolutely critical in this real estate market where good cash flow can mean the difference between success and failure as a property owner.
• Respond to tenant complaints.   Handle maintenance concerns and resolve problems.  

Pacific Coast Commercial currently provides property management services for commercial properties totaling over 4,600,000 square feet, including over 800 tenants. Our property management clients are in all parts of San Diego County, Los Angeles and Bakersfield. 

These results can only be expected if a property management company is competent, trustworthy and a good fit for your property.  A poor choice of a management company can produce many headaches of its own. Pacific Coast Commercial will bring its experience and resources to your property, giving you peace of mind you deserve knowing your investment is in good hands.  

If you would like to discuss if Pacific Coast Commercial can handle all your properties needs, feel free to contact us at (619) 469-3600.