--- title: "Property Managers: Tips to Find the Right Property to Buy" description: Tips for landlords on finding the right property to buy including location, design, price, landscaping, and local and parking rules. image: https://www.hometeampm.com/hubfs/Imported_Blog_Media/iStock-177735411%20(1).jpg --- [![Group 5068](https://www.hometeampm.com/hubfs/Group%205068.svg "Group 5068")](https://www.hometeampm.com) - [About](https://www.hometeampm.com/about/about-hpm) - [Our Company It’s been over 20 years and our goal hasn’t changed](https://www.hometeampm.com/about/about-hpm) - [Our Team Meet the Home Team Property Management Team](https://www.hometeampm.com/our-team) - [Why Choose Us No matter your property management goals, we will get you there](https://www.hometeampm.com/why-choose-us) - [Careers Take a look at our open positions and feel free to submit an application if your experience is a match](https://www.hometeampm.com/about/about-hpm) - [Vendors We are continually seeking out qualified, professional vendors to fulfill goods or maintenance contracts](https://www.hometeampm.com/about/vendor-relations) - [Connect With Us Reach out to our expert team to see how we can assist you with your property management needs](https://www.hometeampm.com/contact-us) - [Testimonials Read HomeTeam Property Management client testimonials here](https://www.hometeampm.com/testimonials) - [MANAGEMENT SERVICES](https://www.hometeampm.com/management-services) - [Residential View our residential property management services](https://www.hometeampm.com/management-services/residential-management) - [Commercial View our commercial property management services](https://www.hometeampm.com/management-services/commercial-management) - [Marketing View how we market your property to prospective tenants](https://www.hometeampm.com/management-services/marketing) - [Accounting We specialize in complete financial services for our property owners](https://www.hometeampm.com/management-services/accounting) - [Maintenance Property maintenance is one of the most important aspects of maximizing your investment](https://www.hometeampm.com/management-services/maintenance) - [Leasing Our leasing department utilizes the latest in application and credit screening procedures](https://www.hometeampm.com/management-services/leasing) - [Free Rental Analysis Get a free rental valuation of your investment property](https://www.hometeampm.com/management-services) - [Get a Quote Learn how much it would cost to manage your property](https://www.hometeampm.com/management-services/getting-started) - [OWNERS](https://www.hometeampm.com/owners) - [Marketing Your Property Learn how we market your property to ensure the maximum exposure to qualified buyers](https://www.hometeampm.com/owners/marketing-your-property) - [Renting Your Property We provide you with guidance on how to ready your property to compete in the ever-changing rental market](https://www.hometeampm.com/owners/renting-your-property) - [Maintaining Your Property The best approach to maintenance is preventative maintenance, and this is HomeTeam Property Management policy](https://www.hometeampm.com/owners/maintaining-your-property) - [No - Eviction Guarantee We are so confident in our tenant selection process that we include a No-Eviction Guarantee](https://www.hometeampm.com/owners/no-eviction-guarantee) - [Free Rental Analysis Get a free rental valuation of your investment property](https://www.hometeampm.com/owners) - [Owner Portal Login Sign-in to monitor your account](https://hometeam.appfolio.com/oportal/users/log_in) - [Get a Quote Learn how much it would cost to manage your property](https://www.hometeampm.com/management-services/getting-started) - [TENANTS](https://www.hometeampm.com/tenants) - [Rental Search Find your next place to live in San Diego](https://www.hometeampm.com/properties) - [Tenant Portal Login Sign-in to monitor your account](https://hometeam.appfolio.com/connect/users/sign_in) - [Pay Your Rent Paying rent on time has never been easier](https://www.hometeampm.com/tenants/pay-your-rent) - [Future Tenants Important information for tenants wanting to lease a property from HomeTeam](https://www.hometeampm.com/tenants/future-tenants) - [Move Out We want your move-out to be a pleasant and successful one](https://www.hometeampm.com/tenants/move-out) - [Notice To Vacate Moving out? 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While it is not always easy to find a place to buy, you should take your time so that you are completely happy with your choice. Hopefully, you will be managing it for years, as well as spending a lot of time there, so you should work hard to find the right place. Here are some tips to find the right property to buy. **Location, location, location.** The location is very important for commercial properties. You should choose a place that is convenient for you (since you will be going there on a regular basis). It is equally as important to choose a place where people want to live. This means buying a building that is close to places like shops, public transportation stops (for those who don’t drive), groceries, and much more. If you want to cater to a younger crowd, you may want to find a place where there is a big nightlife. College towns are also filled with people looking for apartments to rent. **Simple design.** While some homes and apartment complexes can be beautifully decorated, this is not always for the best. Simple and solid is much better in terms of repair. You want to buy places that use standard materials which are easily replaced at any home improvement store. You don’t want to have to search for days just to get a part when a trip downtown will have the part that you need. **Simple landscaping.** The same can be said of landscaping. Though a lot of trees and flowerbeds can be beautiful, they take a lot of upkeep. Especially if you are looking at larger buildings, you don’t want to spend more time weeding and mowing around things when you could just ride back and forth on a riding mower. **Price.** You need to find a place that you can afford. This can sometimes be hard with larger apartment buildings because larger companies often buy them up before other people who have to get financing even have a chance. You want to make sure that you can pay your mortgage even if not all of your apartments are full. Even though your goal will be to fill them, the truth is, you will have months where one or more of your apartments will be sitting empty. **Local rules.** There are many local rules and regulations when it comes to rental properties. Many regulate the size of the bedrooms, ceiling heights, and other things. Square footage may also be important. Many local ordinances treat rental properties different. Many won’t allow owners to do the work to the building. Instead, you must use contractors, plumbers, electricians, and other certified businesses to do the work for you. Also, just because someone else used it as an apartment complex doesn’t mean that they followed the rules. Get a list of the rules and really look through the apartments to make sure that you can rent them out right away. **Parking Rules.** Parking for rental properties is different than residential ones. For this reason, read up on the rules and regulations or you may find yourself in trouble. While this may not always be a problem with big apartment complexes, if you end up buying single family homes to rent out, you will definitely be affected. Most rules require a parking space (off of the road) for everyone in the home who is able to drive. It takes time to find the right apartment building. You need to make sure that it is in the right location so you can easily find renters. It also has to be in your price range. However, before you go any farther, make sure that you know all of the rules or you might just find yourself with a building that you can rent out, without a lot of remodeling. Most people can’t afford to let their apartments empty for months while they fix it up! ![icon](https://www.hometeampm.com/hubfs/Home_Team_2022/Group%205168%20(1).svg) #### SUBSCRIBE TO RECEIVE THE LATEST NEWS Stay in the know with the latest news form the leaders in property management ### Subscribe Here! ### Popular Posts #### The Great Pet Debate: To Allow Pets In Your... | HomeTeam Property Management | 30 January 2020 When you become a landlord, it is up to you to decide what you will... [READ FULL POST](https://www.hometeampm.com/blog/great-pet-debate-allow-pets-in-apartment) #### What Counts as a Rental Home Maintenance... | HomeTeam Property Management | 11 November 2020 Tenants are often shy about calling for repairs from their landlords... 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