Trends for Property Management in 2022

Well, 2022 has officially begun, and everyone is wondering what will happen this year. There are all kinds of speculation, but we will not know until things finally start happening. We cannot consider what experts believe will happen this year in property management until they do. Those professional thoughts, however, give us some ideas to plan what to do in the coming months.

Everybody and Everything is Going Online!

The pandemic made everybody keep their distance as much as possible. This included the standard tours of the property, which were transferred to videos that allow the person to see the interior of a rental without setting foot on the property. This has caught on, and property managers are finding it to be a fantastic way to display what they have. A recent study by the NAA showed over three-quarters of the property managers surveyed will continue to use virtual tours and other forms of digital communication.

Online activity does not stop there. The traditional forms of rent payment, either mail or dropbox, are viewed as unnecessary and an invitation to theft. So, increasingly, more rent is being paid through electronic transfer. It makes sense because it means that rent is delivered on an agreed-upon date, and there is no worry about past due payments. Best of all, it is very appealing to younger tenants, and the opportunity to have better financial reports make electronic transfer increasingly more the means of choice for paying that monthly bill.

Technology Will Be a Critical Sales Point

Generation Z is getting more exposure these days, and their wishes and tastes are technologies such as Wi-Fi, remote access thermostats, and motion–detector lighting. These are what they want to see in the places they rent. Smart landlords are adding more to their rentals and are beginning to understand that younger people are considering the value of long-term renting instead of buying as soon as possible.

Location Remains Essential

It is more than just being close to work. Locations with convenient parking, technology suited for remote working, and better security have become increasingly important. Proximity to work is not an issue for somebody who can work remotely.



We Are Up to the Challenge

Some changes are coming in 2022 that any property owner must respond to proactively. These are all going to promote profit, but only if a landlord can rise to the challenge. It is not easy to do this alone, and that is why having a good property management company in San Diego will be necessary. There are so many property managers from which to choose, but why not go with one of the best? Alta Vista Properties happens to be among the leaders in the property management industry of San Diego.

Our services are current with the times. For example, we use electronic transfer for rental payments, and we have client portals on our website for the benefit of San Diego landlords. As a result, you can expect to get high-quality service from us, and all you need to do is check our referrals to find out more about our commitment to excellence.

We create relationships with tenants that are long-lasting. Nobody wants to have a revolving door when it comes to vacancies, and we do our absolute best to keep dependable, rent-paying tenants. If a vacancy does occur, we respond quickly and effectively to the challenge. We want to see that your cash flow is steady and uninterrupted. You can expect Alta Vista properties to go the extra mile for you.

Please do inquire at any time about our property management services. You can reach us at 858-274-3600 or by email at info@altavistaProperties.net. We look forward to hearing from you and answering your questions.

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