There are dozens of good reasons to rent out your San Jose property, and you’ve probably already thought about those. You’ll earn consistent rental income, hold onto an asset that’s only going to increase in value, and leverage the equity and income in your property when you need it.
Making the decision to switch San Jose property management companies is not easy, especially if you value relationships and longevity when it comes to your investment properties. However, if a property manager is not meeting your expectations or failing to do what they’ve promised to do, it’s likely time to look for a company that can provide better services and more value.
Once you have invested in a rental property or you find yourself wanting to rent out a home you once lived in, you have a few details to take care of. You’ll have to prepare the property for the market, acquire the necessary insurance, and make sure you have a reserve fund to cover unexpected maintenance costs, vacancies, and other potential expenses.