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10 Legal Issues Every Homeowner Must Understand

You’ve heard the old adage: hope for the best, and prepare for the worst. When it comes to investing in rentals, most property owners are great at hoping for the best but then they forget the rest.

Most property owners don’t have the time or interest to stay on top of it all in order to protect themselves. That’s why your compliance team at Real Property Management helps protect you with impeccable integrity, a proven system and local regulatory expertise that reduces your risk. Put our experienced team and proven process to work for you.

How the Best Property Management Company Looks After Your San Fernando Valley Rental

For almost 30 years Real Property Management has kept the lines of communication open with our clients through three simple steps.

First, our clients love their online owner portal where they can review every detail about what is happening with their property 24/7 from anywhere in the world. Clients can view their financial statements see when rents are collected and disbursements are made, check tenant rental payment history, review work orders and even see property photos from the last inspection. With all that information at their fingertips real property management clients still know that they can count on a friendly answer to their call day or night.

Evictions

Even when everything is done to prevent an eviction, circumstances can change for tenants and if they stop paying rent, legal action will become necessary. If you aren’t already participating in an eviction protection program, now is the time to learn more about what your property manager has available.

Smart property owners do everything they can to screen tenants with a careful and rigorous application process, but many of them learn the hard way that collections and evictions are inherently a part of…

The 10 Step Guide to Leasing Your Property in San Fernando Valley

When you own rental property and your tenant moves out every day costs you money.  In fact the average vacancy can last 2 to 3 months. Without a strong marketing plan that’s quite a bit out of your bottom line.  Too often inexperienced property owners end up with more vacancy days than necessary because they lack the resources and knowledge to quickly lease their property.

As the nationwide leader in property management, Real Property Management has developed a proven leasing process that shortens vacancies by finding reliable tenants more quickly.

Finding More Reliable Tenants

When your rental property is vacant you are naturally anxious to get a new tenant quickly and to keep the rent coming in. Too many landlords learn the hard way that a hasty decision and poor tenant qualification can lead to big problems down the road. Rent delays property, damage higher, turnover, legal issues and an even greater eviction risk.

With almost three decades of experience, Real Property Management knows how to get a rental property leased as quickly as possible to the best qualified applicant.

Why Hire a Professional Property Manager for Your Rental Property in San Fernando Valley

If you are thinking about renting out your home, there’s good news: it’s a great time to rent in the San Fernando Valley. So, the strategy you’re considering just happens to be the same approach investors around the country are choosing. They are taking advantage of the opportunity to buy and hold property.

While you may only have one rental property, like institutional investors, you want the best return on your asset. Just like other investments, your real estate will benefit from professional management. You get the same careful treatment from the professionals you hire to make the most of that investment.

How to Get Your San Fernando Valley Property Rent Ready

When your rental property is vacant, you want it filled as soon as possible to keep the rent coming in. You also want the best possible tenant. When the rental property isn’t ready to be shown, or the rent is set too high for the market, it delays the leasing process, turns away prospective tenants and hurts your cash flow. It’s critical that your property is ready to make a good impression. Follow these steps to ensure prospective tenants see your property as a place they can call home.

Assess the property’s curb appeal from the street as if you were a potential tenant. An unattractive first impression will prevent renters from ever viewing the home. Keep the property up during vacancy, including your lawn care and landscaping. Regular watering and pest control are also necessary.

Home Inspections in San Fernando Valley – This is How the Professionals Do It

Experienced investors know that a lot can happen to a rental property between tenants.  If the only time you walk through your rental is at move out you’re doing yourself and your investment a disservice. Take it from the property management leader, you don’t need to stay in the dark. Periodic property inspections inside and out shed light on the situation so you can ensure your property is being well maintained.

Here at Real Property Management, we offer routine property care assessments conducted by qualified personnel to all our owners.

Investors

As a rental property investor, you are looking for an affordable reliable property manager who will take care of the hassles and frustrations so you don’t have to. At the same time you want to continue getting a good return on your investment. Real Property Management is committed to helping investors get a better return than they could get on their own — even factoring in management fees. We do this by helping them avoid costly mistakes, reducing turn over, leasing faster and placing more reliable tenants. We also help them save on the services and materials they need while reducing maintenance costs. In the end our team of specialists ensures the best performance in every aspect of property management including marketing, leasing, maintenance, collections, evictions accounting inspections and legal compliance.

Maintenance

Most landlords want it both ways. They want their tenants to stay long term, pay
on time, and take care of their property.  Yet too many avoid needed maintenance in order to save money. The fact is tenants are more careful with a
well-maintained property. Take it from the nationwide leader, no matter how ideal the tenants — appliances brake, systems wear out, and little things will need attention. But here’s the good news: You can maintain your rental
property more cost-effectively by hiring Real Property Management.

Most Common Mistakes

While it’s clear that rental property is a smart investment, investors often don’t realize the complexities of managing that investment. Here at RPM, we love to help rental property owners improve cash flow, efficiency and stability. However, we hate to see them make these common and often avoidable mistakes.

Vacancy and Leasing

Landlords who manage their own properties often make mistakes that lead to excessive vacancy days and unnecessary leasing delays. They also make poor selections when it comes to choosing which rental properties to buy.

Multi-Family

When you own multifamily rental properties you need a property manager you can rely on around-the-clock. Our responsive team of highly-trained property management specialists are ready to help. We offer a turn key, full-service property management system for all your multi-plexes and apartment buildings. With almost three decades of experience we have the expertise you need to avoid costly mistakes, improve tenant retention, maximize your rental revenue, and repair and maintain units more cost-effectively.

Put simply, Real Property Management offers more long-term stability for your multi-family rental investments.

How to Collect Rent in 7 Steps – Tips from a Professional Property Manager in San Fernando Valley

Even well screen tenants can hit a difficult patch and one day you may find yourself in the collections business or even facing an eviction. Take it from the property management leader, there’s a better way. Here are the seven
steps Real Property Management takes to keep that rent coming in on time each and every month.

Resident Club Owners

Experienced landlords know that everything goes more smoothly when their tenants are happy. Happy tenants are more likely to pay rent on time and take care of the property. Most importantly, happy tenants stay longer and that saves you big on turnover, leasing, and marketing costs. At Real Property
Management, we work hard to keep tenants happy with professional prompt service. But our Real Property Resident Club is what sets us apart. This exclusive discount program provides a powerful incentive for tenants to pay their rent on time and stay longer. Here’s how it works.

Best Tips for Property Investors in San Fernando Valley

Investing in rental homes can be a smart move if you make smart decisions. When buying, remember your decision today will impact how you must manage the property going forward. If you’re still in the purchasing process now, you can make decisions that will determine how long your property stays vacant, how many applications you attract and the type of tenant who will be interested in the property.

Successful leasing and management is important, and it starts with your buying decision. Here are some of the things to consider.

Tenant Move-Out

We at Real Property Management hope you have enjoyed your stay. Now that it’s time to move on please follow these guidelines to ensure a smooth transition. First it is important that you do everything necessary to return the property in good clean condition…

Tenants vs. Homeowners in San Fernando Valley – Who is Responsible for What?

If you’re a tenant moving into your new home, we welcome you. Here are some things to remember that will make your stay a pleasant one.

Your leasing agent will provide a Resident’s Manual that has all the information you need to care for your new home. You’ll also receive an inventory and condition form to document the move in condition of the property. Go through the home and take pictures of anything you note. Email the form and photos back to us within five days of your move in. This form stays in the leasing department, so if you see anything that needs maintenance, please submit a separate maintenance request through your tenant portal.

Looking to Invest in a Single Family Home? Talk to a Property Manager in San Fernando Valley

When Real Property Management started out nearly 30 years ago with a focus on managing single family residences, most rentals were apartment buildings and multi-family plexes. Things have changed. An evolving market and economy has made single family residences a new sought-after investment class.

While many investors used to flip homes, they are now turning to a buy and hold strategy that focuses on single family rental homes. This is a more stable…

10 Questions Every Landlord Needs to Ask: Professional Property Management in San Fernando Valley

Property owners often ask these 10 questions, and today we’re using our 30 years of experience in the property management business to answer them:

How Can I Rent My Property Quickly?

First, you have to make sure your property is rent-ready, which means having it cleaned and making any repairs and improvements that are necessary. Then, market aggressively to get a large pool of qualified applicants. Our process results in shorter vacancy times on average.

How Can I Make Sure My Property Stays Rented?

A well-maintained property and pro-active tenant retention efforts are the best way to ensure you have…

Who We Serve

Residential property management is becoming increasingly complex with growing tenant expectations, regulatory requirements and technological demands. As a result, RPM has grown to serve a wide variety of clientele across the nation. Today we’re talking about the different groups of property owners we serve.

Homeowners:

Homeowners rely on us when they choose to relocate, downsize, or they find themselves unable to sell the homes they are living in. They depend on professional property managers who are…

Spring Maintenance for Owners

In the spring, it’s time to proactively inspect and maintain your rental property to keep your investment functioning efficiently and safely while protecting its value. We recommend three optional services in the spring to help keep your property well-maintained.

Spring Maintenance for Tenants

When the spring season sets in, it’s time to do a routine check to make sure your rental home is safe and well-maintained. Please take a few minutes for these important resident responsibilities before warmer
weather comes.  As a Real Property Management resident we want you to enjoy a safe clean and well maintained home

Resident Club Tenant

One of the great things about renting a home with Real Property Management is our Resident Club, which helps you save hundreds of dollars on the things you buy every day. Residents who take advantage of this program save on groceries, entertainment, and shopping — both in-store and online.

How does it work? It’s easy!

When you pay your rent online and on time follow the link to register in the Real Property Management Resident Club. From there you can see all of the places you can save up to 50%.

Fall Maintenance Owners

In the fall, it’s time to proactively inspect and maintain your rental property to keep your investment functioning efficiently and safely while protecting its value. We recommend three optional services in the fall to help keep your property well-maintained.

Areas We Serve

Home owners and investors across the San Fernando Valley and West LA depend on Real Property Management to help them get a better return on their rental property investments. You’ll see us marketing properties in the San Fernando Valley, leasing homes in Beverly Hills, reviewing applications in Chatsworth, providing maintenance in Granada Hills, collecting rent in Woodland Hills, avoiding an eviction in Los Angeles, auditing accounts in West Hills, conducting inspections in Canoga Park, responding to tenants in Northridge, complying with laws in Encino, protecting our clients in Sherman Oaks and providing peace of mind in North Hills. No one does property management better than our experienced team.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

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