Frequently Asked Questions

• Why should I hire a property manager?

  Professional property management companies can bring you a multitude of benefits. Some of the most important perks of hiring an experienced property manager include:

  • • Ensuring compliance with regulations. Being a landlord means having to follow numerous local, state, and federal laws on tenant selection discrimination, evictions, and more. A property manager can help you avoid lawsuits by ensuring compliance.
    • Removing stress from your day-to-day. By maintaining your property and handling your tenants in a timely and professional manner, a property manager will give you the peace of mind you deserve.

  • Attracting trustworthy tenants: property management professionals are skilled at finding reliable tenants and minimizing eviction risks. They will carefully vet all potential tenants, running credit reports, security checks, and getting references from previous landlords.

  • Timely rent collection and disbursement: if you hire a property manager, you won’t have to worry about late payments as they will rely on efficient rent collection systems to ensure timely payments and maintain steady cash flow.

  • Coordinating vendor relationships: property management companies develop and maintain relationships with trustworthy contractors in the area, finding the best people for any maintenance, repair, or renovation job needed in your Serra Mesa property.

  • Boosting the resale value of your property: by ensuring proper maintenance of your real estate investment, a property manager will make sure you make a top-dollar sale when the time comes.

  At Lofty Property Management, we work with a team of highly qualified and skilled professionals who can expertly and efficiently handle all the day-to-day operations of your real estate investment. Reach out to us and see for yourself why hiring property managers is worth it.

• What are three duties of a property manager?

  Property management entails a great number of responsibilities, but there are three major ones each property manager in Serra Mesa should perform:

  • Managing tenants: property managers should locate, screen, and manage any tenant problems that arise. This means handling things like evictions, complaints, move ins/move outs, leases, emergencies, and so on.
  • Collecting & disbursing rent: ensuring timely payments is another crucial responsibility of property managers. They enable the tenants to pay their rent efficiently via cutting edge technology as well as monitor the market for rent fluctuations.

  Maintaining the property: the goal is to keep your real estate investment in great shape by performing any necessary improvements and repairs on your property and performing routine maintenance to maintain a good resale value and attract top-dollar tenants.

• What are three examples of risks in property management?

  Both the property manager and the landlord often have to deal with the following types of risks:

  • Physical damage to the property that results in unexpected maintenance issues and expensive repairs
  • Tenant risks such as extended vacancy periods, injuries, evictions, and late payments, and so on

  Market downturns that can hardly be predicted and controlled, but may cause a wide range of issues both for the landlord and the property manager

• How do you screen tenants?

  Reputable property management companies do everything in their power to protect their clients from unnecessary tenant risks. At Lofty Property Management, we leave nothing to chance when your safety and trust are concerned, performing comprehensive screening procedures to ensure the trustworthiness of prospective tenants. When locating tenants in Serra Mesa, we perform a series of thorough inspections, including criminal background and rental history checks, evaluating income, and running credit reports. We strive to give you peace of mind and make sure you make the right decision for your real estate investment.

• Do property managers handle maintenance?

  Property management professionals are responsible for keeping up with all the maintenance tasks in your property while minimizing expenses. At Lofty Property Management, we have an extensive list of reliable and skilled contractors, including cleaners, repair technicians, home staging professionals, and any other vendors you may need to keep your property in tip-top shape.

  What’s more, we also offer 24/7 maintenance services to all of our clients. If any unexpected issues arise, simply contact us and we’ll first try to fix them over the phone. If that’s not possible, we’ll take care of the issue expertly and efficiently, giving you peace of mind and ensuring smooth operation.

• Who’s #1 among property management companies in Serra Mesa & the area?

  Lofty Property Management is a reputable property management company serving San Diego and its surroundings. Our expert team is skilled at managing every single aspect of your real estate property operations, bringing only the best tenants and maximizing your property’s resale value.

  We serve the entire area, meaning that you can depend on our expertise-based services whether your property is located near the Serra Mesa Recreation Center or closer to the San Diego River. In fact, we offer top-quality property management services in Clairemont, dependable property management in University City and serve numerous other areas in the vicinity. Get a free rental analysis now!