Skip to content Sitemap

Articles

How Routine Maintenance Today for Your Carlsbad Building Can Prevent Future Costly Repairs

How Routine Maintenance Today for Your Carlsbad Building Can Prevent Future Costly Repairs

Deferred maintenance leads to expensive emergency repairs, and we work with owners and investors to avoid those situations. At North San Diego Property Management, we manage multifamily and commercial properties in the North County area, including in Oceanside, Carlsbad, Vista, San Marcos, and Solana Beach. We have preventative maintenance plans in place that save our owners money and preserve the condition of their assets.

Identifying and Fixing Maintenance Items

When a maintenance issue is reported, it’s critical to give it attention right away. A small drip under a sink in a bathroom might seem like an issue that can be dealt with later. But if you wait too long, it becomes a full-fledged plumbing problem that may lead to more expensive repairs and damage to other parts of the property. When tenants submit a repair request, get someone over to the property to look at the problem as soon as possible. There is not a single maintenance issue that becomes less trouble and less expensive over time. When you’re proactive, you save money.

Annual Service Contracts for Buildings

Spending $300 or so to have your HVAC system inspected and serviced every year is an excellent investment. Why? Because a new air conditioning unit or furnace will cost you thousands of dollars. When an expert technician is looking at it at least once a year, you won’t be surprised when it suddenly stops working or needs to be replaced. Have your building inspected annually, and take care of any issues that are identified by the professionals who are looking at its systems and functions.

Creating a Maintenance Budget and Maintaining Reserves

MaintenanceSometimes, owners are taken by surprise when something big has to be repaired or replaced. Don’t put yourself in financial jeopardy. Create a budget for home repairs for each property and estimate what you’ll spend on maintenance every year. Put a little of your collected rent aside every month so you can build up a reserve fund. In our management contracts, we require a $300 fund for maintenance items. If something will cost more than $300, we communicate with the owner and come up with a plan. But, if it’s a simple repair that’s under $300, we typically make the repair and pay for it out of that maintenance account.

If you have any questions about how to put together a smart maintenance plan, please contact us at North San Diego Property Management. We’d be happy to share more tips and advice.

What Renovations to Your Carlsbad Rental Property Are Worth the Costs?

What Renovations to Your Carlsbad Rental Property Are Worth the Costs?

At North San Diego Property Management, we manage multifamily and commercial properties in the North County area, including in Oceanside, Carlsbad, Vista, San Marcos, and Solana Beach. Our experience in preparing rental properties for the market has resulted in lower vacancy times and better tenant placement. Today, we’re discussing the updates and improvements you can make to help you earn more rent and attract high quality tenants.

Improving your Rental Property

Instead of investing a chunk of money in renovating the entire kitchen or adding on another bedroom, make some smaller repairs that cost less but have a huge impact. These include fresh paint, which makes a property look brand new, and updated lighting. New light fixtures can make a major difference, and so can small changes like new hardware on the cabinets or faucets.

Instead of cleaning the carpet between tenants, put in new carpet or consider hard flooring that’s easier to maintain and has a longer life. Take a look at the tile in your bathrooms and your kitchens. Replacing it might give the home a fresh, modern look. If your rental property appliances are looking old and worn, replace them. Stainless steel isn’t always necessary in every market, but if competing properties have those appliances, consider making the investment.

Measuring Cost against Value

These minor improvements are worth your time and money. You’re not going to attract the best tenants in San Diego with kitchen appliances from the 1970s or carpet that hasn’t been changed in 10 years. Think about the cosmetic changes you make when you’re preparing to sell a property. You do those things to sell the property quickly and to attract potential buyers. It’s the same principle with your rental property. You want it to be ready for the rental market and appealing to good tenants.

When to Make Repairs and Renovations

Repairs and RenovationsThese updates should be made while you’re getting your property rent-ready. Ideally, you’ll make the improvements during turnover periods, when one tenant has moved out and you’re preparing to move another tenant in. If you do this work on the property before you list it, you’ll benefit during the showings, and a larger number of tenants will be interested in the property.

We help owners and investors update their homes all the time. If you would like some recommendations from our qualified team, please contact us at North San Diego Property Management. We’d be happy to tell you more.

Why is North San Diego Property Management Your Real Estate Investment Solution?

 

Real Estate Investment Solution

 

 

 

 

 

 

 

 

 

At North San Diego Property Management, we manage multifamily and commercial properties in the North County area, including Oceanside, Carlsbad, Vista, San Marcos, and Solano Beach. We are property investors too, so we understand that merely managing the operations of the property is only part of what owners need. We consider asset management, risk management, market knowledge and systems for scaling to be far more critical in our owners long term success. Today, we review what we think our roles as property managers should be and what we felt the market was lacking when we started NSDPM. (more…)

How Much are Property Management Fees in the Carlsbad Area?

Property Management Fees

 

 

 

 

 

 

 

 

 

At North San Diego Property Management, we manage multifamily and commercial properties in the North County area, including in Oceanside, Carlsbad, Vista, San Marcos, and Solano Beach. We understand that property management fees are important to landlords and investors who are shopping for professional management services. Today, we’re talking about what you can expect to pay, and why it’s so important to measure the value of the services you’re receiving against the price you’re paying. (more…)

Top Questions Military Families Should Ask Property Management Companies in Carlsbad, CA

 

Top Questions Military Families Should Ask Property Management Companies

 

 

 

 

 

 

 

 

 

Members of the military aren’t that different from other rental property owners. However, they do have some unique requirements and specific needs. At North San Diego Property Management, we manage multifamily, residential and commercial properties in the North County area, including in Oceanside, Carlsbad, Vista, San Marcos, and Solano Beach. Many of our clients are in the military, and today we’re sharing some of the questions that military families need to ask before hiring a property manager. (more…)

What is the Best Way to Find a Good Tenant for My Carlsbad Rental Property?

Finding the best tenant for your rental property requires the collection of data. It also requires a strategic interpretation of that data. At North San Diego Property Management, we manage multifamily and commercial properties in the North County area, including in Oceanside, Carlsbad, Vista, San Marcos, and Solana Beach. We know how to properly screen tenants, and today we’re sharing some tips on how to find and place a well-qualified renter in your investment property.

(more…)

How to Handle Utilities as a Landlord

utilitiesIf you were like me as a landlord starting out, you are buying older properties.  Probably multifamily rentals, if you can afford it.  Often older properties are not set up for multiple families, even though they are being used for that purpose.  There are single meters in a multifamily property.  Even large properties have single water meters.  You probably wonder how to handle utilities as a landlord.w4

Here is how to handle utilities as a landlord for your properties, multifamily or single family. (more…)

Common Tenant Issues and How to Handle Them

AIRAs a landlord, you want the best tenants for your properties: people who pay rent on time every month, won’t give your property a bad reputation in the surrounding community, and are clean and courteous neighbors. Being a good landlord means listening to your tenants’ complaints and concerns and responding to common tenant issues appropriately. At times, knowing the right way to respond to an issue can be tough. Read on for advice for some of the most common issues landlords face with tenants. (more…)

The Importance of Renters Insurance

Are you covered?Your renters pay good money to rent an apartment – so the thought of spending extra for renters insurance may be off-putting. Unfortunately, your property insurance probably doesn’t cover the belongings of your tenants. Find out why it’s worth encouraging your renters to enroll in renters insurance to protect their personal property. (more…)

Next Page »