| Residential Rental Management |
What Land Trek Will Do For Owners:
We will ensure that your property is consistently occupied with qualified tenants through extensive screening of all applicants to verify adequate income, credit worthiness, freedom from unlawful activities or convictions, and to confirm lease performance at past rental references.
We will keep your vacancies to a minimum, coordinate all maintenance projects, verify the integrity of the work performed, and negotiate the most competitive price, obtaining multiple bids when appropriate.
We will collect rents in a timely manner, serve late notices, or other notices to perform, as required, and follow up with Unlawful Detainer procedures (evictions) and court appearances, as needed. We will provide you with monthly and year-end financial statements, periodically schedule interior maintenance and safety assessments, and provide you with written reports regarding the condition of your property.
We will evaluate the rental market to determine if your property is due for a rent increase and serve the tenants accordingly. Yet, we will suggest when we feel rents should remain stable due to the current market or for a long-term tenant, rather than risk a vacancy and turn-over, refurbishing and advertising costs. These suggestions will be discussed with you near the end of current leases or periodically when tenants are on a monthly agreement. Please give us a call at any time to discuss your preferences or ideas.
We pledge to keep in touch, so you'll still feel connected to your investment property. We are commited to building value for our investor clients. Please know that you can call to discuss your property any time and that if you do not hear from us regularly, in addition to the monthly reports, it is only because everything is running smoothly.
Rates can be as low as 8% per month, but never higher than 10%. Discounts are available for multiple-units in one location, held by one owner/group. Rates are based on gross income/rents. The higher income properties warrant a lower fee (within above range). Call Jackie Keys, Residential Manager at (760) 758-6000 or email jackie.landtrek@yahoo.com to discuss the possible rental rate on your investment property or send a request on the "Comments" insert at bottom of this page for additional information. We can email you our complete marketing package or can send by regular mail. However, most of the information is located on this web site.
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Commissions - and the Temptation to Avoid Paying One!
The thought of potentially saving money which a property management firm will charge for their services is a tempting one indeed. With almost every investment property owner this idea is given consideration due to the misconception of the expenses verses the work performed.
The Pitfalls - Bear in mind that when managing and renting your property unassisted by a licensed professional, you assume the responsibility for compliance with all of the conditions of habitibility, disclosures, tax reporting, maintaining property value, screening applicants, dealing with legalities and timing for eviction of a bad or non-paying tenant, showing vacancies (and being stood up), and being available 24/7 for complaints and repairs.
Screening Prospects - Few owners have the ability to sort out the lookers from the viable, qualified applicants. Screening prospects takes a trained person, asking pertinent questions, to eliminate frivolous inquiries, to verify credit worthiness as well as prior rental history and determine the fake vs the true information. We contract with First Advantage Saferent, who gives us the industry's only results-based statistical scoring model. Included are substantial landlord-tenant records and access to an exclusive database of lease performance histories reported by property managers, nationwide, as well as felony, misdemeanor and sex offender public records at multi-state and/or county levels in all categories - crimes against persons, crimes against property and crimes against society.
Notices - When a good tenant goes bad, do you know how to serve notices for non-payment? Or, if there are other reasons to evict, do you know the procedure so the eviction won't be delayed time and again, or worse, dismissed? Should there be signs of criminal activity, what would you do? Will the Notice you serve hold up in court? Will your rental agreement be deemed void, or your Notice be improperly completed or served? Can you collect on past-due accounts, or for damages after the tenant is out of work, and out of state? We have the right answers to all these questions, and more. What about tenants in homes being foreclosed on? What are their rights? What are the Owner's responsibilities to the tenants?
Because property management is our only business, we are able to eliminate the customary headaches you may experience when trying to manage your own property. We thoroughly screen prospective tenants, ensure that the integrity of your real estate is maintained, collect rents in a timely manner, and relieve you of the time-consuming burdens of tenant complaints, repairs or filling vacancies. We'll manage your property the way you would want to, if you only had the time.
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OWNERS, RENTERS - - - COMMENTS, QUESTIONS? CONTACT US.
Please use form below to contact us with Comments, Questions, or if you would like to receive a package of Residential or Commercial Management and Leasing information, including sample Management and Fill-Vacancy Agreements. Please allow 24 business hours.
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