If you’ve never worked with a property manager before, you may not know what to expect. You may think of professional property management as merely a third party who collects rent, finds tenants, and fixes repairs.
That’s some of what we do, but our full value goes much further than that.
Smart investors know that owning rental property is an excellent way to earn income in both the short and long term. If you’re looking for a way to increase what you earn and reduce the amount of stress that comes with owning rental property, hire a
professional property management company.
Professional property managers have a direct impact on the amount of money you earn and the success of your investment experience.
It has to be the right property management company, however. Don’t waste time and money on a mediocre management partner.
Niguel Point Properties is a full-service, residential property management company serving Laguna Niguel and the surrounding areas. We want to help you understand the true value of property management and how a company like ours can save you money, increase what you earn, reduce your liability, and eliminate stress.
Let’s talk about what we can do for you.
Marketing Rental Properties
Earn More Rent and Attract More Exposure
Our Comprehensive Marketing Plan Fills Vacancies Faster
Here’s how:
Screening Tenants
Our Process is Fast and Fraud-Proof
Think of us as your own private investigator. We screen like we’re detectives.
It’s important to identify, place, and retain a high-quality tenant who will pay rent on time, take care of your property, and follow the terms of the lease agreement.
All of our screening methods are compliant with fair housing laws. We use a digital underwriting platform not only to verify identity and income but also to ensure that our process remains as consistent and objective as we want it to be.
Rental Applications
We document every step of our tenant screening process. This record-keeping can be valuable if a denied applicant questions the fairness of our screening process.
There’s a standardized rental application process in place that covers the fundamentals without intruding on privacy or violating legal boundaries. Each candidate is asked to furnish information such as:
- Employment history
- Income level
- Credit report authorization
- Rental references
Everything is done within the legal requirements of the federal Fair Housing Act and the California state Fair Housing laws, which are even stricter than the national laws.
Screening Essentials
Selecting the right tenant for your property is not something you need to worry about when you’re working with Niguel Point Properties. We’re here to find the right resident for your property, which will help us protect your investment and avoid costly problems later on.
To maximize the potential returns from your rental property and minimize potential problems, it's essential to know that you have a property manager who adopts a robust and reliable tenant screening process. This is one of the most important ways we help you succeed as a real estate investor.
Niguel Point Properties:
Boots on the Ground
The fact that we’re so close to your property and available 24/7 in case of emergency protects you and your investment. Tenants and owners can call and we will answer. Your investment property is important to us and so are tenants. Repairs happen on holidays and weekends when necessary. We’re working hard to make sure there is nothing deferred or avoided when it comes to maintenance and responsiveness
We are hands-on so that you can be hands-off.
Think about what it’s like when you have to do everything on your own. You’ll find yourself investing a lot of your own time and resources into:
There’s also the accounting, the communication, and the rental laws to worry about. What if you have to evict a tenant who is not paying rent or has been discovered violating the lease agreement in some major way? This can often feel like a full-time job, and that’s why you need a local property manager who has the time, resources, tools, and technology to take care of every detail for you.
Ultimately, your success depends on your ability to step back from the operations and trust the experts you’ve hired (us!). Even if you want to be part of the process, you need to trust your property managers and the other professionals you’re working with. We have the experience, the local contacts, and the systems in place to take the lead on what needs to be done.
When you have our management team representing you, there’s no need to be intimately involved with your rental property. Your tenants should not be able to contact you. And, you should not be showing up at the front door, asking to look around.
You know that we are already giving your property the attention and the service it needs.
We document everything, and you get immediate access to that documentation. Whether we’re talking about move-in inspections, move-out inspections, lease renewals, or maintenance invoices - you have access to all the information you need via our online portal. You don’t have to be involved in the day-to-day, but you do want to stay informed when it comes to your property.
We understand that balance.
Annual Owner Reviews
Discussing the BIG PICTURE
Our landlord contracts are flexible. If you are not happy with our service we will make it right for you or you can cancel at any time without penalty. We strive for happy clients, and we want to make sure we’re both excited about working together.
Because we guarantee your satisfaction, we believe it’s important to get together annually to discuss the performance of your property, the management we’re providing, and any ideas we might have to help you earn more, spend less, and enjoy a more profitable investment experience.
For property owners and their property management teams, these annual reviews provide a structured opportunity to assess the trajectory of your property’s success, address any challenges faced throughout the year, and set goals for the upcoming period.
We will talk about things that went particularly well throughout the year. This might be 12 consecutive months of on-time rental payments, a lease renewal, or preventative maintenance that saved us from having to respond to an expensive and frustrating emergency in the future.
During our discussion, we’ll also talk about any challenges that we dealt with or that might be coming. Perhaps there are rent control limits to navigate or a lease violation that needs to be dealt with. This is like an after-action report where we can tell you what we’ve put into place to ensure similar problems don’t throw us off track in the future.
Perhaps the most important part of this annual review is setting goals for the future. We talk about your investment goals, your vision for your property, and the steps we recommend to help you get there.
We’ll be prepared with data and documents, including financial statements, maintenance records, tenant feedback, and incident reports. This ensures we’re providing a comprehensive overview. We’ll also be able to demonstrate how our continuous record-keeping throughout the year allows us to streamline the review process and ensure that no crucial detail is left out.
Annual performance reviews are more than a yearly checkpoint; they are a pivotal part of successful property management that nurtures growth and partnership. By preparing thoroughly and engaging in productive conversations, we work hard to leverage these reviews to drive improvement, achieve goals, and develop stronger relationships with you, our property owners.
The importance of property management cannot be overstated. If you’ve been renting out a property for any amount of time, you know how time-consuming it can be to manage all of the details associated with the leasing, marketing, tenant screening, maintenance, rent collection … the list goes on.
Your property management partner should do the following four things:
- Help you earn more money.
- Help you save money.
- Protect you from risk and liability.
- Reduce your stress.
We do all of this and more.
Contact us at Niguel Point Properties.