Remove Applicant Screening Remove Professional Property Management Remove Rent
article thumbnail

How to keep LA tenant eviction rate to Zero!

Real Property Management Choice

Follow strict policies and procedures from applicant screening to rent collection. We don’t just qualify an applicant to get the property rented faster. If they don’t do that now when they’re trying to be the best possible applicant, how are they going to be when they are supposed to pay their rent?

Tenant 52
article thumbnail

What We Wish Rental Property Owners Knew About Leasing: The Tale of Property Managers in Los Angeles

Real Property Management Choice

When it comes to owning rental property in Los Angeles, there are a few things that professional property managers wish property owners knew about the overall leasing process. Application Screening Many property owners don’t truly understand the importance of properly screening tenant applications.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

12 Tasks for Property Management Automation

Second Nature

Property management automation refers to using technology and software to automate various tasks and optimize processes related to managing properties. Both are chatbot-type tools that help automate things like rent collection by automating communication about delinquency and the follow-up process.

article thumbnail

Property Management Profitability: FAQs on Profit Margin

Second Nature

Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. Also known as tenant placement services, this is the process of filling a unit so that you can get back to collecting rent, and its typically charged as a percentage of rent.

article thumbnail

How To Make A Rental Application Form That Complies With The Law

Rental Choice

For instance, the laws in California limit security deposits to twice the rent for unfurnished homes and thrice the rent for furnished units. After that date, the limit will be one month’s rent except for landlords who own a certain number of residential properties and units for rent.