One of the questions we hear most often from owners and investors is: How much does it cost to hire a Chula Vista property manager? When you work with a property manager, you’ll need to consider a couple of things pertaining to your property management cost.
Chula Vista Property Management Fees
The first thing you need to know is how the fees are structured. Not only do you want to know how much do property managers charge, you also want to know how that money is collected. In many cases, there’s a flat management fee every month, and sometimes managers charge a percentage of the rent. Find out if the property manager you’re working with charges you another way. When you’re hiring a company, the fee structure should be clear and easy for you to understand.
Property Management Cost
Look for additional fees, and ask if there are any hidden costs that aren’t included in the management fee. You might come across a maintenance mark-up, or a charge every time your property manager visits your property. Some companies will charge a vacancy fee, a marketing fee, or other unexpected fees. Ask about these before you hire a company. When you’re talking to potential managers, someone might charge a very low management fee. That might be too good to be true, because these surprise fees will show up to make up for the additional costs of managing your property. Or, you might also see a low management fee, but then you get what you pay for because there are limited services available to you.
Full Service Property Management
Full service property management in Chula Vista should include everything from advertising the property to showing the property, then screening the tenants and discussing the lease. It should include coordinating repairs, collecting rent, serving notices when necessary, and conducting inspections.
If you have any more questions about Chula Vista property management and its costs, please contact us at Elite Property Management. We proudly serve San Diego, Chula Vista, National City, Lemon Grove, La Mesa, and surrounding areas.