San Leandro Property Management
Investing in real estate in California, particularly in residential or commercial rental properties, has always been a great idea. While home prices tend to be on the higher end of the spectrum, there is never a shortage of potential renters. Thus, if you own several rental housing units or commercial buildings in the area, particularly in places like San Leandro, you can expect a healthy return on your investment.
However, managing the business can be tricky and will take a huge chunk of your time. It can even be so challenging at times you’ll feel like you’re being stretched to your limits. If you have ever felt that way and are looking for a way to handle your property rental business effectively without compromising your profit or well-being, consider hiring a San Leandro property management company to do the work for you.
.JPG){kind=link}
What You Need to Know About San Leandro, CA
Situated in Alameda County in California, San Leandro is a coastal city with a population of 90,103 (2020 census). According to residents, San Leandro exudes a characteristic urban-suburban feel, with its predominantly nautical landscape, scenic hiking trails, and the presence of a healthy mix of traditional and high-tech industries.
Among the corporate businesses that call San Leandro home are the Kaiser Permanente Medical Group, Ghirardelli Chocolate Company, OSIsoft LLC, Costco, JanSport, and The North Face. It is also home to Lit San Leandro, a high-speed fiber-optic broadband network available exclusively for business users, and the Zero Net Energy Center, an electrician training facility on energy-efficient construction methods.
San Leandro residents also love the fact that the city is blessed with an excellent climate, has a central location and high walk score, and good commute access to the Interstate 880, I-580, and I-238 freeways. Moreover, the area has tons of new development going on, offers decent nightlife and excellent outdoor activities, has a commendable public school system, and a growing foodie scene.
San Leandro is notably one of the most culturally diverse cities in the country and is considered the 6th most diverse suburb in California. In 2010, its population was reportedly composed of 37.6% whites, 29.7 Asians, 24.7% Hispanics, 12.3% African-Americans, and 0.8% Native Americans.
Why Invest in San Leandro Real Estate?
The San Leandro housing market is extremely hot, with more than 85% of the houses selling at about 11% above the list price within 10 days. Some even sell at about 17% above the list price in 7 days. Due to the extreme competitiveness of the San Leandro housing market, it is not uncommon for houses to get multiple offers with waived contingencies.
With home values going up fast (the median home value in San Leandro is $590,800, compared to $217,500 median home value in the US), most people can’t afford to buy one, so about 44% of the residents are renters. Currently, the average monthly rent is estimated at $1,652 which is well above the national average ($1,062/month).
Are you starting to see the earning potentials? Evidently, having a rental property in the San Leandro area can easily become a gold mine, so start looking for a reliable San Leandro property management firm that can help you maximize your profits!
Maximize Your Earning Potentials
As one can see, there is serious money to be made in the rental property business, but you’ll surely meet numerous challenges along the way. This is especially true if you manage several properties on your own, live out of state or at a considerable distance from the area, or don’t have enough experience in the business.
Additionally, things like having problematic tenants, limited knowledge of existing state and federal housing laws and regulations, or a poor network of contractors can further weigh down your earning potential.
Don’t be discouraged. There is an easy fix to the problem. No matter what the limitations or hurdles may be, you can get the most return from your investment by hiring a trustworthy rental property management company in San Leandro, CA.
San Leandro Property Management Made Easy
It’s not easy being a landlord. You can’t just sit around and wait for the rental money to magically appear in your account. It doesn’t work that way – unless you’re working with a top-notch rental property management company in San Leandro, CA.
What can a property manager do for you? Basically, property managers are responsible for the following:
- Make the property rent-ready prior to occupancy.
- Marketing and advertising to qualified tenants.
- Tenant screening and background checks.
- Move-in and move-out inspections and routine inspections.
- Preparation and enforcement of the lease contract agreement.
- Collection and distribution of rent payments.
- Property maintenance and repair requests.
- Bookkeeping and accounting.
Enlisting the help of a professional property management company in San Leandro, CA can be the single most important detail you won’t want to miss, since it can spell the difference between the success and failure of the business. With a capable property manager in your team, you can significantly improve tenant retention rates, reduce turnover costs, and increase your profits.
However, be forewarned that not all property management companies in San Leandro, CA can give you the results you need. Some are merely there to make a profit for their own companies, so learn how to spot them and avoid them at all costs.
If you’re after great results, choose an experienced property management firm that believes in honesty and transparency and prioritizes clients’ interests over their own. Choose Tenant Planet, Inc..
Experience the Tenant Planet, Inc. Difference
Why should you choose Tenant Planet, Inc. over all the property management companies in San Leandro, CA? The answer is really quite simple: Your success is our priority.
We’re tired of the antiquated approach that is still being practiced in the rental property industry and would like to shake things up a bit. It’s time for you to get the most from your investment and enjoy the fruits of your hard work. And we can make it happen.
Let’s work together for your success. To learn how we can help you on your project, don’t hesitate to call us at (619)427-2400 or Request a Proposal. For questions or comments, you may also send me an email at parker@tenantplanet.com.