Lease Management Services in Orange County CA
(714)588-3338 www.goodmanmanagementteam.com
What do Lease Management Services in Orange County CA include? Every day that your property stays vacant you lose money. The same goes if you have bad tenants that delay rental payment or have to be evicted. There are also a bunch of rules and laws that you need to be familiar with and tons of documentation to manage. Therefore, some professional help can be of great use to any landlord. If you are wondering what to expect from high-quality lease management service in Orange County CA, here is some insight:
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1. Evaluation of your property and proposal of a fair rental rate
The leasing manager will visit your property and have a thorough look at both the exterior and the interior. They will document everything and make some photos as well. You can expect to receive some recommendations for small repairs or cosmetic changes that can result in higher rental income. Then the leasing manager will gather information about the rents in the area and will work with you so that you can come up with the optimal rental rate.
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2. Using the most appropriate Advertising and Marketing Strategies
As a professional in the field, the lease manager knows how to prepare your property so that it looks appealing on the rental market. This may include some interior cleaning or minor landscaping touches. Then, they will utilize all appropriate advertising tools, such as Multiple Listing Service (MLS), print publications, social media, fliers, signs, paid and unpaid rental listing websites, etc. The lease manager will also work with other realtors in order to find tenants.
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3. Efficient Tenant screening and selection process
The lease manager will be responsible for the screening and selection of the prospective tenants. That includes answering calls, checking their background and verifying credit history, identity, etc., grading tenants according to pre-selected criteria and of course informing those who were turned down. One of the main responsibilities, naturally, is to meet with tenants and show them the property at a time that is convenient for them.
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4. Supervision of Tenant move-in & out
Part of the lease management services is to secure a hassle-free move-in of the new tenants. That includes drawing up a leasing agreement, setting a move-in date, perform move-in inspection with tenants and secure signing a report about the condition of the property. The lease manager is usually responsible for collecting the first month’s rent and the security deposit.
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5. Financial Services
The leasing manager is there to help you with various financial issues that you might face. That includes rent collection, chasing late payments, keeping track of all the property-related expenses and making payments on behalf of the owner. Providing accounting property management services is also a great benefit, as is the assistance with any tax-related questions.
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6. Legal Services
A leasing professional is well aware of all local, state and federal legislation that applies to rental properties and can give advice to the landlord in the event of any dispute or other issues. The property manager also knows the attorneys in the area who are qualified to settle such disputes and can refer you to them. Another aspect of this service is to take care of evictions – from preparing the necessary documentation to making sure that the tenants are removed from the property.
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7. Property Maintenance & Repairs
These are services that indeed save a lot of time and money for the landlords. The leasing manager is responsible to take care of all minor and major problems that occur, which may range from a broken pipe to snow removal. They will be in charge of finding the best offer for the repair and usually they work with trusted handymen and can get discounts for giving them work on a regular basis.
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FOR MORE INFORMATION
Goodman Management Team 17853 Santiago Blvd. Suite 107-193 Villa Park, CA. 92861 Cell : (714)588-3338 Fax : (714)282-2242 Email : gerry@gerrygoodman.com
www.goodmanmanagementteam.com