We take the stress out of income property ownership.
Integrity, attention to detail, and a genuine aspiration to provide unparalleled service has made WAPM the fastest growing property management company on the Central Coast. By utilizing innovation, technology, and simplistic, yet, sophisticated management programs we have made it possible for our vendors, tenants, and most importantly our clients to have the ability to do business from anywhere at any time. Our online management software has helped to make WAPM as efficient as possible, which allows us the time needed to provide a level of personalized service rarely experienced by consumers in today’s business climate.
Did you know that 75% of potential renters turn to the Internet when searching for their next rental? Unfortunately, no one website attracts more than 10% of all real estate search traffic. This means that real estate searchers end up browsing through a laundry list of website’s when searching for an available rental. If you’re not posting your listings on these sites, then your available rentals are unlikely to get noticed. Unfortunately, posting to all the available Internet Listings Sites is time-consuming, frustrating and inefficient. Walker & Associates Property Management eliminates these headaches by syndicating your available listings daily to several top online listing sites such as:
Walker & Associates’ Individual Management Plan
When developing our business model, our President and Co-founder Matthew Walker, had the unique idea of building the business around our clients’ personal needs. This began with a comprehensive discussion of expectations and circumstances.
Our unique Individual Management Plan, IMP, is designed and implemented using the clients input in conjunction with our expertise as professional property managers. We create a management program specifically designed around the goals and expectations provided and gathered during the discussion process.
Our IMP program has been a tremendous success, producing many satisfied clients. We routinely receive compliments, from both owners and tenants alike, regarding the friendly and efficient manner in which we conduct business. In many cases where individuals have had an unpleasant prior experience dealing with PM’s, they soon experience the WAPM difference.
Our clients are not the only ones experiencing the WAPM difference.
In addition to our owners, we consider our tenants to be valuable assets, and an integral part of our success. Standards for the properties we manage are of the highest quality. When viewing a WAPM listing, expect to find a property that is clean and well maintained, with health and safety being a top priority.
Can I manage my rental on my own, or should I hire a professional property manager?
Here are 5 questions you should ask yourself.
1. Do I live close enough to the property to manage it myself?
This may seem simple, but an owner managing on their own should be able to drive to the property in a reasonable amount of time to address issues that require immediate attention, such as a maintenance emergency.
2. Do I have a basic understanding of tenant rights laws and how to deal with tenant issues in a lawful manner?
In California the laws are tenant friendly, it is very important that anyone managing real estate have an understanding of the Fair Employment and Housing Act, as well as the procedures for evictions and the notices associated with them.
Managers should also know building codes that must be complied with in a rental unit.
3. Do I have the ability to keep proper financial records?
For tax benefits, it is important to keep good records of all income and expenses.
Invoicing tenants and having the ability to receive rents electronically helps reduce late payments.
4. Do I have the contacts in the construction industry to get maintenance repairs made in a timely and cost-effective manner?
Managers should have a good relationship with vendors and the ability to negotiate rates.
5. Do I have the time to deal with questions 1-4?
The reality is with some basic knowledge of property management and tenant rights issues, many people could manage their own properties. This last question is by far the most important due to the fact that properly managing a property requires a great deal of time and should not be something done “on the side.”
3 important questions to ask when looking for property management:
A well-qualified property manager should be able to answer the three questions below without hesitation, and in a confident, knowledgeable manner.
- How many units did you lease in the last 12 months?
- What was your average days on market?
- How is your marketing, of vacant homes, different from your competitors?
These questions are very important. A PM that knows this information is knowledgeable of their business, what works, what does not, and how to get you making money quickly.
Please call me, and ask these questions. You can be assured I know the answers to these and many other questions that will improve your experience as an owner of an income property.
Call Matt Walker at (805) 937-9900 today!