We buy houses in Artesia, California. We are CA home buyers who offer cash for houses in Artesia. If you’re looking to invest in turnkey real estate, one of the things you should be wary of is the management team that will be looking after your property. In this article, we share 3 things to consider in a turnkey management company in Artesia CA.
Owning a turnkey rental property should be a hands-off experience where you enjoy the cash flow without the hassle of managing the property. Hence, you need to make sure you know and understand the turnkey management company that will look after your property.
Know the Turnkey Management Company That Will Look After Your Property in Artesia CA
#1. What Are They Responsible for (and Not Responsible for) in Your Artesia Property?
For you to avoid any surprises that could occur once you own the property, make sure you know what your management company will and will not do for you. Most of them will collect the rent, do basic management, and pay the bills, while others will not. While there is no right or wrong answer as to who does what, it’s important that you understand beforehand who will do what.
#2. What Is the Management Company’s Track Record in CA?
Since reliability is what you are hiring the management company for, they should be reliable to manage the rental and easy to work with. Although not all such companies are the same, there are many good ones out there, and we do work with some of the best! Before you hire one, it’s important to know what are they like and to see what other people are saying about them through Google.
#3. What Are Their Fees for Your Property in California?
It’s perfectly fair for someone providing services to charge a fee. A management company’s fee averages around 10% to 15% of the rental income but would depend on the kind of service they offer, so make sure to ask about their fee and what you get for it. Sometimes, you’ll be surprised and feel that the fee’s too high, but it actually is not. What’s to saving you hours and hours each month just to look after your property?
Sell My House in Artesia CA
It’s very important that you remember the management company is a key part of your team, so make sure that you can easily work with them since you will be working with them for many years to come.
However, if the odds are against you that your property is not managed well by your management company, and you decide to sell your house in CA, we at Premier Property Buyers can help. We are your local homebuyers in California and we can close in as fast as 7 days.