Fremont Property Management
Have you considered investing in, or do you currently own a real estate property in Fremont, CA? With its strong economy and ever-growing population, having a rental property in the city can definitely keep the cash flowing in!
Despite the positive outlook, managing a rental property isn’t easy, especially if you’re new in the business, manage several rental properties, have a full-time job, or don’t live near the area. In this case, you may need to start looking for a reliable Fremont property management firm to manage your portfolio.
What Makes Fremont, CA a Good Choice for Property Investors?
There are several reasons why investing in Fremont real estate is considered a wise business move.
First, the city has a steady job growth rate. Fremont is home to some of the country’s top tech manufacturing firms and biomedical organizations. According to City-Data, the most common industries in Fremont include professional, scientific, and technical services (17.2%), computer and electronics manufacturing (11.3%), and healthcare (9.1%). Not surprisingly, computer specialists and engineers make up the bulk of the city’s workforce.
Some of the city’s top employers include Tesla, Inc. (which employs more than 13,000 employees), Fremont Unified Schools District (3,000 employees), Lam Research (2,500 employees), Washington Hospital (2,200 employees), and Kaiser Permanente (1,700 employees).
Second, the city enjoys high appreciation rates. Home values are steadily increasing at a rate of 14.8%, while the home median price was estimated at around $1.3 million. Homes sell for 10% to 17% above the list price and are usually sold within seven to nine days on the market.
Third, Fremont is one of the most popular living destinations in the country. There are several reasons why people flock to Fremont. Aside from its robust economy and the availability of high-paying jobs, the city offers quality primary and secondary education, with four of its high schools receiving the prestigious California Distinguished Schools Award from the California Department of Education in 2019.
There are also several colleges and universities (Northwestern Polytechnic University, Ohlone College, and 42, a private non-profit and tuition-free computer programming university) offering undergraduate and graduate programs.
In addition, Fremont’s Mediterranean-type climate, rich cultural heritage, and endless options for fun and recreation add to its allure.
With the bustling economy, high-paying jobs, migrant growth rate, and favorable climate in Fremont, it’s easy to see how investors in the area can make a good profit from their rental properties.
Do You Really Need a Property Manager?
Possibly, yes. You may need to hire a property management firm in Fremont, CA, especially if you own several rental properties, live out-of-state or nowhere near the area, or have a full-time job since these conditions may limit the time you devote to attending to your landlord duties.
Hiring a Fremont rental property management company can also be a great help if you encounter problems finding the right tenants, don’t have a network of reliable professional contractors and tradesmen, are not aware of the local housing laws and regulations, and are starting to experience health-related problems from the job.
How Can a Fremont Property Management Firm Help?
Being a landlord is far from easy. It requires long hours, unwavering commitment, patience, and ingenuity. You don’t just approve any new tenant that comes along, hand them the keys, and expect them to pay the rent on time. Unfortunately, it’s slightly more complicated than that.
When you choose to be a hands-on landlord, you are responsible for marketing the property, running background and credit checks on interested renters, and ensuring that the unit is safe and ready for occupancy. You will also be responsible for preparing and enforcing the lease, dealing with tenant issues and requests, maintaining the unit, and paying the necessary bills and taxes. Be prepared for a seemingly unending list of things to do!
However, you don’t have to go through all this trouble when you outsource the work to a credible Fremont rental property management company. They will take care of all the things you need to do to keep the rental income coming in, while you enjoy the time and financial freedom you rightfully deserve. Isn’t that what you’ve always wanted?
What Should Be Your Next Step?
Having a rental property in Fremont can be worth a fortune if you know how to manage it or have the right people in your management team.
While property management in Fremont CA can be challenging, especially if you’re new in the business, single-handedly managing several units, living out of state, or have a full-time job, you don’t have to worry about anything. All you need to do is to find a trustworthy Fremont property manager and the rest will fall neatly into place.
Make the Right Choice: Explore the Tenant Planet, Inc. Difference
With all the Fremont property management companies out there ready to take on the job, why choose Tenant Planet, Inc.? The answer is really quite straightforward. At Tenant Planet, Inc., we want to see you succeed – and we’ll do everything to make sure you do.
What makes us different from all the rest? Unlike other management companies that follow a traditional approach, we use innovation and modern technology to work for you. Our goal is to ensure that your business runs as smoothly as possible and help you generate the best possible income from your investment. You worked hard for your money so now it’s time to make your money work for you!
By choosing Tenant Planet, Inc. to manage your rental properties, you don’t have to sacrifice your time and energy just to make money. You can finally enjoy the time and financial freedom you’ve always dreamed of but never thought possible.
Unless you really want to be a hands-on landlord, let the pros do the work. If you’re interested in what we have to offer and want to learn more about us and what we can do to help you on your project, please feel free to Request a Proposal or call us at (619)427-2400. For questions or comments, send me an email at parker@tenantplanet.com and I’ll do my best to answer them for you.