Los Angeles Property Management
Excellent property management doesn't cost. It pays
Professional, Courteous Service 24/7
We have licensed property managers who are experienced and professional, treating all clients and tenants with respect and courtesy. Our focus is on communication and we are accessible 24/7 to address any emergencies or issues that may arise, regardless of the time of day.
Collection & Disbursement of rent & fees
We manage rent and fee collection for you by depositing them into a trust account that we maintain on your behalf. We adhere to your policies and instructions for handling delinquencies and can work with debt collection agencies if needed.
Compliance with law & Regulation
We guarantee that we stay up-to-date with the latest changes in landlord-tenant, rent control, fair housing, and eviction laws and regulations to ensure your property always meets compliance standards. We also manage compliance with local, state, and federal licensing and insurance requirements, removing that responsibility from you.
Property maintenance & Repairs
We take care of coordinating all maintenance and repairs, including plumbing, painting, janitorial services, flooring, drywall, and more. We promptly notify you of any damages or excessive wear and tear found during inspections. We have a wide selection of licensed and insured vendors available, but can also work with vendors you prefer.
Monthly Expenses
Our services also cover payment of fixed and recurring expenses on your behalf, including mortgage, property taxes, insurance, utilities, maintenance, and contracted regular services like janitorial, landscaping, and elevator maintenance.
Preparations for the rental market
After carefully inspecting and evaluating your property, we provide recommendations to prepare your property for the rental market and achieve the optimal rental rate. We arrange and supervise the completion of any approved upgrades, maintenance, or repair items to ensure your property is in the best possible condition for rental.
Targeted Market Plan
We create and implement a focused marketing plan to promptly rent your units. Our approach includes using various resources, such as online rental sites, MLS listings, building signage, flyers, internal waiting lists, our website, newsletter blasts, local print ads, and/or local message boards. We also arrange showings to pre-qualified prospects.
Determination of rental rate
We conduct a thorough market analysis of each property, utilizing both traditional and contemporary methods to help you determine the best monthly rental rate. Our approach involves combining proprietary software and online tools with long-established conventional methods to provide the most current and accurate values. This ensures that we deliver a professional and comprehensive analysis of the property's market value.
screening of prospective tenants
We simplify your rental decisions by conducting thorough screening of prospective tenants. Our process includes checking rental and credit history, verifying employment and income, checking references, and screening for bankruptcies, foreclosures, nationwide evictions, and judgments. We then review the results with you to help you make a final decision.
lease agreements & related documentation
We handle the preparation of lease agreements, California disclosures, and move-in reports to be signed by new tenants. We also provide tenants with copies of rules and regulations pertaining to occupancy of your property, maintenance, etc. All of these documents are then digitized and made accessible to you through our online portal.
monthly statements
We deliver detailed and fully customizable monthly statements to every client, providing itemized records of all income and expenses, including year-to-date totals. In addition, we provide access to dozens of additional reports that can be added to your statement. We also furnish year-end summary reports that are suitable for use in preparing your tax returns, along with any applicable IRS Form 1099.
online portal service
Our owner portal provides secure access through a private login to your personalized area of the interactive owner section on our website. This portal is available to you 24/7, allowing you to view financial information and arrange for assistance regarding your property. Our tenant portal enables online rent payments, maintenance requests, document access, and the ability to update contact information.
Our Family, Serving Yours
Filling your Vacancies
Advertising
To ensure effective advertising of vacancies, we handle every aspect with extreme supervision and detail-oriented campaigns. We design and produce comprehensive high-profile leasing and sales ads in-house, and our property management software, AppFolio, posts vacancies to over 100 websites, attracting a diverse range of top-tier prospective tenants to choose from. Additionally, we film virtual tours of all vacant units and have the videos produced and edited by a third party, allowing prospective tenants to view them on social media and apply sight-unseen. In the fast-paced world of Los Angeles property management, we understand the importance of technological advances in attracting and retaining tenants.
Rent Surveys
Analytical Tenant Selection
Maintaining or Remodeling Your Property
Lion Property Management has extensive experience managing renovations and has developed strong relationships with skilled vendors. We have managed renovations in numerous locations, from Palms to Culver City to Santa Monica to Pasadena to The Southbay, and have negotiated substantial discounts for our clients.
Property Owners: Contact Us for a Fast Free Quote
Financial Reporting
Accurate and user-friendly monthly reports by email or mail
Owner portal for easy access to all property information.
24/7 access to property financial information including payments and repairs through a secure online portal.
Additional Property Management Services Provided Include:
- Yearly insurance review
- Mortgage auditing services
- Utility auditing
- Preventative maintenance services
- Brokerage & Investment
- Emergency Response available 24 hours
- Energy conservation retrofitting
- Low turnover through innovative tenant retention programs