Property Management Tips: Tenant Retention in San Diego

San Diego is home to some of the best rental properties in California, but what is an investment property without tenants? Income and growth opportunities are lost for property owners when their rental properties are vacant. If you want to avoid losing a substantial amount of income on your San Diego investment property, partner with a reputable property management company in the area like Whole Life Property Management San Diego.

Importance of Property Manager-Tenant Relationship

Establishing a good relationship with your tenants can be challenging at times. That is why working with this kind of company can be helpful. Working with a company like Whole Life Property Management San Diego allows homeowners to take a more backseat approach to their rental property. It can also make someone else “the face” of the rental. A good relationship between a property manager and tenants creates many benefits for homeowners. It also has a direct influence on vacancies and tenant turnover. 

Tenant Retention Tips

Every company out there sets tenant retention as one of their top priorities. It is to ensure that homeowners have a continuous cash flow coming in. By partnering with a top-notch property management company, you are proactively preventing vacancies. Whole Life Property Management San Diego has created a list of the top tenant retention tips you should have in place for your San Diego rental property to be successful:

Implement a thorough screening application

Bad tenants are prone to evictions, tend to not renew their leases and may damage your property. Hence, allowing unqualified or bad tenants to live in your investment property can result in higher costs in the long-run. Minimize your tenant turnover by only leasing your property to tenants that have a history of living in one property for an extended period and those who can pass an extensive screening process. Whole Life Property Management San Diego will work with you to develop an outline of your ideal tenant. They will weed out candidates that do not meet these requirements. 

Understand Tenant wants

Knowing what they are looking for in a rental property is important when trying to find and retain tenants. When you partner with Whole Life Property Management you will be working with a manager who has over 30 years of real estate experience. They understands the competitive California rental market. Knowing how to reach and market your property to ideal renters makes filling vacancies much easier.

Deal with maintenance concerns swiftly

It is frustrating to live in a property with unresolved issues or broken appliances. Hence, by partnering with a property management company you are ensuring that tenant concerns and maintenance requests are dealt with in a timely manner. Whole Life Property Management tries to prevent maintenance requests from occurring in the first place by having their managers perform regular inspections on the rental properties they represent. 

Always be available

Owning a rental property can be a difficult and time consuming task. Hence, you have to be available for tenants when issues occur. If answering the phone past midnight or being able to quickly respond to tenant issues is not doable, partner with a property management company. It is also to ensure that your tenants are well-taken care of. Hence, ignoring tenants and not being available to them is the fastest way to lose their trust or lose them all together.

Keep Your Tenants with Whole Life Property Management San Diego

Partner with Whole Life Property Management San Diego today and fill vacancies quicker. Hence, we are committed to offering an all-inclusive and efficient property management service to San Diego homeowners. Contact us for more information by emailing mike@wholelifeinvestments.com or calling 480-326-9233 today.