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

Owner Login | Tenant Login | 323-255-9400 ext. 4   GET A QUOTE

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
    • What’s My Property Worth in Rent?
    • Agent Referral Program
    • Our Team
  • Commercial
    • Services Provided
    • Maintenance
    • Agent Referral Program
    • Our Team
  • Why Choose LAPMG
    • Mission Statement
    • Recent Reviews
    • Awards and Recognition
    • Our Team
    • Three Ways Agents Benefit From Working With Us
    • Why May 12th Matters
    • True Property Management Horror Stories
    • Video Resources
  • Articles
    • David Crown in Forbes
    • Kyle Crown in Globe St
    • 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
  • Careers
  • Contact
    • Portal Logins
    • Prospective Tenants
    • Employee of the Month
    • Privacy Policy

Basic Benefits of Using a Property Management Company

August 31, 2018 LAPMG

Basic Benefits of Using a Property Management Company

BASIC BENEFITS OF USING A PROPERTY MANAGEMENT COMPANY

One of the most rewarding and beneficial experiences out there is having a rental property. The steady flow a rental property generates, always makes it a crucial asset to landlords and property owners in general.

However, landlords only get full benefits of their properties if there are good tenants who are responsible, who pay their rents on time and who do not inflict any damage to the property in any way. Once a landlord in Burbank houses a problematic tenant, things tend to spiral down out of control and as such, owning a rental property as well as managing it becomes an extra burden and time-consuming. This situation is where a professional property management company comes into play. Utilizing a property management company is beneficial to landlords for a number of reasons. Whether it’s just a property or multiple properties, a landlord wouldn’t do any wrong in employing the services of a property management company. Put simply; they make life easier for landlords and property owners in general. These benefits come in different shapes and sizes, but they all play a significant role in making life easy for landlords as well as make owning a property a pleasant experience for landlords. Some of these benefits are highlighted below;

 

  • Screening of Tenants

Because of their busy schedules, and other commitments, some landlords do not have time to carry out a proper screen of tenants. Some fail to run background checks or even run a credit check. A property management company can carry out an efficient tenant screening, such that the only persons allowed in your property would be those who meet the legal and responsible requirements.

Some landlords end up with problematic tenants because they failed to do a background check or didn’t know where to get the needed reports. With a project management company handling the entire screaming process, landlords are more than likely to get responsible tenants that pay on time and follow the rules of the property.

 

  • Prompt collection of rent

The reason why most landlords have rental properties is that they want to make an extra income from the rental fees. But most landlords are inconsistent with their collection process. They allow people to pay their rent as they like and often listen to different excuses from tenants. There is the need for landlords to get their rent on time on a monthly basis so that property taxes, as well as other expenses that may come up, can be paid on time.

A property management company can control the process such that landlords don’t need to bother themselves in dealing with tenants who refuse to pay rent as stated. A property manager will notify tenants of their due date, and they can start the eviction process if the tenant fails to pay.

 

 

 

 

Author

  • LAPMG

    View all posts

Filed Under: Commercial Properties, Projects, Property Management FAQ, Residential Properties Tagged With: landlord advice, property management burbank, property owners

Primary Sidebar

    PROPERTY OWNERS: CONTACT US FOR A FAST FREE QUOTE

    (This space is not for tenant contact. Check out our listing page.)








    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 2023 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.