How to Manage Your Palm Springs Property From Afar

March 17, 2023
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Working with a professional Palm Springs property management company is always a good idea for investors at any level. Whether you’re renting out just one home or an entire portfolio, partnering with a management company allows you to avoid expensive mistakes. You can leverage the experience of a property manager and earn more money on your investment. 

Professional management is smart. 

When you’re an investor who lives outside of the Palm Springs area, it’s not just smart. It’s essential.

Managing your rental property from afar is possible, thanks to technology. But, it’s not advisable. 

Here’s why.

Palm Springs Property Management and Local Expertise

A local property management company will be an invaluable resource when you are too far away from your rental property to effectively lease it, manage it, and maintain it. 

  • Leasing from Afar

When that investment property is vacant, you’ll need to advertise the home, show it to tenants, screen those tenants, and take them through the lease negotiations and move-in process. You’ll need to collect a security deposit and conduct a move-in inspection that effectively documents the condition of your home. 

  • Managing from Afar

Then, you’ll need to collect rent and ensure your tenants are following the terms of the lease and taking care of the home. All of these things are difficult to do when you’re not in the same area.

Traveling back and forth every time your property is vacant will get expensive and stressful. You don’t want to leave these tasks in the hands of a friend or a family member who happens to still be in the area. To effectively rent out a home, you need to be sure the rent is paid on time, the lease is enforced, and maintenance is provided when needed. 

These things need to be done correctly and professionally. Every process needs to follow and comply with all state, federal, and local laws. Work with a local property management company that specializes in managing out-of-state landlords. You will have much better results. 

Communicating from Afar is Facilitated with Property Management Technology

Work with a property management company that’s willing to invest in technology. 

You need experts who have a reliable and responsive online platform so you can ensure your rent will be deposited electronically and on time. You’ll want to see detailed and accurate financial statements every month, and you’ll want the process of filing your taxes to be as easy as possible. 

Technology will keep you connected to your investment property and its performance. When you choose a management partner who has made technology a priority, you’ll be able to log onto your own portal to see what’s happening with your property. You can: 

  • Review maintenance requests and follow the completion of the work.
  • Take a look at inspection reports and review recommendations for upgrades and updates.
  • Follow preventative maintenance schedules.
  • View pictures of your rental home. 
  • See when rent has been paid.
  • Check in on documents you may want to review, such as lease agreements and notices.

If you’re living in another time zone, communicating online makes the most sense and keeps you connected to your management team and your investment property. You won’t have to worry about playing phone tag or sending emails. All the information you need is in your portal, and your property managers will remain available to answer any questions.

Maintaining Your Palm Springs Rental Property from Afar

As a landlord living hundreds or even thousands of miles away from your rental property, you’ll have trouble responding to maintenance emergencies in a proactive way. 

If your tenant notices a leak or calls to report a tree has crashed through a window in the middle of the night, you’ll need local property managers to respond. You’ll want a management team that has excellent vendor relationships and resources when it comes to mitigating the damage and responding to problems. 

Ideally, the property management you work with will have their own team of vendors in-house. This provides you with more peace of mind. You won’t have to worry whether someone will be available to respond to an emergency. You won’t have to be wary of extra charges or inflated estimates. 

Most importantly, you’ll know that the repair work is going to be done right the first time.

Your property managers should handle routine repairs with the same sense of urgency, and they should always be looking for ways to save you money and keep your property well-maintained. Preventative maintenance is an important way to protect the condition and the value of your property. It should be a priority for your management team when you’re not there to handle it yourself. 

Keeping up with California Rental Laws

If you’re renting out a home in Palm Springs but not living in California, you may not be keeping up with the rental laws in the state. That can lead to an expensive mistake. 

You’ll need your management team to help you stay compliant. Some of the laws that are easiest to miss and yet the most important to follow include:

To effectively and lawfully rent out property in California, you need to know the difference between a service animal and a pet and a companion animal. You need to know the difference between wear and tear and tenant damage. Can you evaluate and decide from where you are? 

Partner with Property Management CompanyThese are just a few of the reasons you want to hire a qualified Palm Springs property management team when you’re renting out a property from outside of Palm Springs. We’re here to protect you, your investment, and your ROI.

We have experience working with out of state landlords and even investors who live outside of the country. If you have any questions about managing your Palm Springs property, please contact us at Xepco Properties. 

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