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We regard each property that we manage as unique and different from any other property and our services will be customized to fit your specific needs and requirements. Our expertise and result-driven analyses allows us to continually achieve above market rents for our clients while controlling variable monthly expenses to truly maximize the value of your real estate investments.
We offer two levels of service for your property:
LEASING SERVICES ONLY
- We have licensed real estate agents of staff to lease your property.
- We create and implement aggressive marketing and advertising strategies for your property at no charge to you.
- We show your property (usually on a daily basis) to perspective and qualified tenants.
- We ensure all credit applications are completely filled out for every adult applicant and compile and copy all relevant personal documentation.
- We run a credit, background and unlawful detainer (eviction) check at no charge to you.
- You set the terms. Pets? Lease Length? We fill your needs.
- We communicate all credit, background and unlawful detainer checks and proposed lease terms with you before any decisions are made, and ultimately The Decision Is Yours!
- We draft and execute the lease between you and your new tenant.
- We collect all monies in certified funds prior to giving any individual possession of your property.
- As the Property Owner, you do not incur any costs until your property is rented!
- We give you a clear and easy to read accounting statement of all income and expenses.
- You have immediate staff availability as you go through the process.
- Most importantly….our goal is always to get well, qualified tenants at above market rental rates, and we do it quickly.
- All our services and expertise are performed for a one time leasing fee to you of one half (˝) of the first months rent for a one year lease (Minimum fee is $895.00).
FULL PROPERTY MANAGEMENT
- Monthly rent collection.
- Frequent property and tenant interaction, supervision and inspection.
- Serve any property notice: 3 Day Notice To Pay Rent or Quit, Notice of Change in
- Terms of Tenancy, Notice to Quit, Notice to Perform Covenant or Quit, etc.
- Upon the unlikely event of an eviction, we are experts. We manage the entire process.
- 24-hour management of all maintenance and emergency maintenance service provided (actual maintenance work is a separate cost to the Owner).
- Payment of all property bills (mortgages, property taxes, insurances, vendors etc.). Deposit your money every month directly into your personal account, if requested.
- Provide monthly property financial statements.
- Financial budgeting and monitoring of monthly expenses.
- Outside vendor supervision. Involvement with any potential buyers, bank refinancing, etc.
- All leasing fees are separate from property management fees.
Management Fee: Depends on Level of Service Selected
We're very confident that you will find that LRS' wealth of experience and focused management style is the solution to inceasing and maximizing the value of your investment. If you have any questions, please call (818) 884-5155 and ask for Alec Bernstein at Ext 23 or James Chanth at Ext 29.
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