• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Facebook
  • Twitter
  • YouTube

Owner Login | Tenant Login | Get a quote: 323-255-9400 ext. 4

Los Angeles Property Management Group logo

Los Angeles Property Management Group

Property management in Los Angeles & the Valley, done right.

  • Residential
    • Services Provided
    • Single Family Residence
    • Luxury Property Management
    • Tenant Selection
    • Maintenance
    • Video Marketing Your Property
    • On-Site Managers
    • Agent Referral Program
  • Commercial
    • Services Provided
    • Maintenance
    • Agent Referral Program
  • Why Choose LAPMG
    • Mission Statement
    • Recent Reviews
    • Awards and Recognition
    • Why May 12th Matters
    • True Property Management Horror Stories
    • Video Resources
  • Articles
    • David Crown in Forbes
    • Q & A with CEO David Crown
    • LAPMG Talks
    • Case Studies
    • FAQ
    • Featured Article of the Month
    • Featured Elsewhere
    • Industry Blog
  • Areas Served
    • Burbank
    • Culver City
    • Glendale
    • Hawthorne
    • Inglewood
    • Los Angeles
    • North Hollywood
    • Pasadena
    • San Fernando Valley
    • Santa Monica
    • Sherman Oaks
    • Studio City
    • West Hollywood
  • Contact
    • Our Team
    • Portal Logins
    • Prospective Tenants
    • Employee of the Month
    • Careers
    • Privacy Policy

Another Blog of Tips for Landlords: Pt. 2

August 24, 2018

Another Blog of Tips for Landlords: Pt. 2

Another Blog of Tips for Landlords: Pt. 2

(Continued from Part 1)

Property ownership is a extraordinary manner to generate profits and wealth. However, being a landlord in the San Fernando Valley has its challenges and property owners need to be equipped to make investments the important time to be successful. As a property management organisation LAPMG landlords agree with, we at Harland trust the subsequent recommendations will pass an extended way to making property ownership worthwhile, fun and a success.

1-Screen Your Tenants

Effectively managing a condo property starts offevolved with renting to the right tenants and the biggest mistake a landlord could make is to fail to conduct a credit and apartment records test. No matter how pleasant, professional and well mannered potential tenants might also seem, failing to do a credit and apartment history check can depart you with loads of economic and emotional stress.

 

2-Have a terrific hire or condo settlement

Having a written lease settlement to your condominium property is should. And without a doubt downloading a free online replica from internet site is calling for problem. Hiring a actual property legal professional to write up an settlement can save you a lot of cash inside the future. an amazing leasing settlement virtually states the rights and duties of both parties in detail to help keep away from a whole lot of complications earlier than the first tenant even walks in the door.

3-Fulfill your duties as Landlord

Retaining up with upkeep in a well timed way is one of the most crucial obligations a terrific landlord will do. Is the garden mowed on a normal basis? Is all the plumbing in operating order? If the owner isnt knowledgeable in plumbing, carpentry, and electric troubles, he or she should

4-Buy coverage

Having complete rental insurance and assets liability coverage is a need. All it takes is one lawsuit, fireplace, or coincidence to create devastating losses a landlord might not recover from. A landlord have to also have money placed away for unforeseen fees and maintenance that coverage may not cowl.

Filed Under: Commercial Properties, LA Property Management News, Property Management FAQ, Residential Properties Tagged With: Los Angeles Property Management Group, property management san fernando valley, residential property management, tips for landlords

Primary Sidebar

    PROPERTY OWNERS: CONTACT US FOR A FAST FREE QUOTE

    (This space is not for tenant contact)








    Loading...

    Footer

    Award-winning management means:

    Best property management in Los Angeles - Our Awards

    • Maximum profits.
    • Responsive service.
    • Vacancies filled quickly.
    • Accurate understandable monthly reports.

    Proud Members of:

    AAGLA AOACA AIR Commercial Real Estate Association Member BOMA 2022 Member of Forbes Real Estate Council

    Contact Information

    
    

    YouTube LAPMG   Facebook LAPMG   Twitter LAPMG

    Los Angeles Property Management Group
    10960 Ventura Boulevard Second Floor
    Los Angeles, CA 91604
    Phone: 323-255-9400
    Contact Us

    Los Angeles Property Management Group is registered with the California Bureau of Real Estate License #01931033.
    Kyle Crown License #01936385
    David Crown License #01157354

    © 2023 Los Angeles Property Management Group · Privacy Policy
    10960 Ventura Boulevard Second Floor, Los Angeles, CA 91604 · Phone: (323) 255-9400
    LAPMG is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone and applying the relevant accessibility standards. If you have any issues, please contact dcrown@lapmg.com.