Top Condos in Santa Ana, CA 92707

Enterprise Property Management (EPM) is a leading Orange County Property Management company that has been specializing in Orange County Property Management since 1964. We manage hundreds of single ...Read More…

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Woodside Village Homeowners Associations

1.0

By Cartney

the rentals are ok and fair priced, but the staff are horrible. as a whole every member of the staff are rude unpleasant and vindictive. the water lines are frequently shut off for maintenance, with no notice given to residents before hand with water outages lasting several days. the staff frequently find reasons to fine residents, during the last heat wave we received numerous fines for placing a fan in the window to cool down a bedroom, working the night shift i have left a car parked in the lot for less than 30 minutes after getting off work and had it towed. the security guard Jacob is the worst person i have ever met in my life, this man is a pervert and possibly worse, i personally have caught him peering into windows at night numerous times, each time i have caught him he has skittered away like the cockroach he is. rent her at you own risk and keep your shades drawn ...read more

Woodside Village Homeowners Associations

5.0

By Jim G

Woodside Village HOA is a great value. The HOA dues are less than $200 per month and that includes gas and water. The complex is gate guarded, has security, and CC TV. There are 3 swimming pools, and it has off street parking. Woodside Village HOA has a great location, close to the 405 and the 55 and within walking distance of South Coast Plaza. I have been an owner there for more than 20 years. ...read more

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We invite you to visit and like our Facebook page www.Facebook.com/CommunityRealEstate.us We post interesting articles related to real estate as well as our promotions for buyers and sellers. ...read more

By COMMUNITY REAL ESTATE July 30, 2016

Why Hire a Property Management Company?

I have met many rental property owners that have taken the position that hiring aprofessionalproperty managementcompanyto manage their rental is a waste of money, especially when they could simply manage it by themselves.   I believe this is a “penny wise, pound foolish” approach. Of course, the person who decides to do it themselves will save the monthly management fee they would have paid to their property manager, but they risk losing much more in the long run.   A goodproperty managementcompany is worth their weight in gold. The problem is, not everyproperty managementcompany is good. To make matters worse, rental property owners do not generally find out they have engaged a badproperty managementcompany until after the damage is done.     So, how do you know you have a goodproperty managementcompany? A reasonable indicator is when yourproperty managementcompany provides you a benefit that far exceeds the expense of their monthly management fee. In other words, you should expect yourproperty managementcompany to provide value for the fee they collect.    For example, a goodproperty managementcompany can shorten the time it takes to prepare your property to be rented. One reason for this is because they are able to coordinate the repairs and maintenance needed to get your property ready to rent much quicker than you could on your own. This is true because many vendors give property managers preferred treatment since theproperty managementcompanies control so much of their business. So, by reducing the amount of time your property is vacant, your property manager is essentially increasing your rental income.    In addition to reducing the time it takes to prepare your property to rent, a goodproperty managementcompany can also reduce the associated costs of the preparation. This is because they are generally able to negotiate much better rates on the repair and maintenance work to be performed on your property. Consider this another benefit of controlling so much of their vendors business.   A goodproperty managementcompany should also be able to quickly identify and define the optimal rental rate for your property. They have access to a data base that is only available to licensed realtors called the Multiple Listing Service (MLS). TheMLScontains valuable information about exactly how much similar properties in your area have recently rented for.   Being able to quickly and accurately determine the optimal rental rate for your property benefits you in two ways. First it prevents your property from being on the market for an extended period of time because it is priced too high. Second it helps you avoid renting it for an amount that is less than the market will allow.   When you do find a qualified tenant, a goodproperty managementcompany will help you thoroughly screen your prospective tenants. Property managementcompanies regularly screen tenants and as a result are able to identify potential red flags that might not be apparent to you. Preventing a bad tenant from moving into your property is invaluable.   Perhaps the most valuable thing that a goodproperty managementcompany can provide you is knowledge. Experienced property managers are well versed in landlord tenant laws and will ensure they are followed. This means they can significantly limit your exposure to litigation stemming from your tenant.   It is clear that a goodproperty managementcompany can be a valuable asset. The difficult part is finding one. ...read more

By Enterprise Property Management August 08, 2011

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