1. Rental Advertising
When effectively marketing units, our company goal is to show it in the best light possible and get it in front of the right audience. We help rental homes in Los Angeles County attract high-quality tenants with our advertising skills.
As part of our property management solutions, we offer professional quality pictures that are the basis of all our marketing processes. When your Torrance, CA unit looks good online, prospective tenants will want to view it in person.
The opposite is also true which is why you want to always pay attention to an investor's property’s curb appeal.
Our property management company also helps respond to tenant inquiries on your behalf. And besides that, we’ll also use that opportunity to pre-vet potential renters.
2. Rental Pricing
No matter how stellar your marketing process is, proper pricing is the true key to success. That’s why we take certain steps before embarking on any advertising campaign. The first thing our property management team does is carry out a rental market analysis. This helps us set the price correctly to attract good renters as quickly as possible.
Luckily for you, knowing how much exactly to charge for your Torrance rental property doesn’t have to cost you anything. It’s instant and free! Call us today at (562) 302–1615 to learn more.
3. Tenant Screening
As per our property management solutions, we handle the initial tenant screening over the phone. Prospective renters will have to go through our property management business before they step foot in your unit.
The following are some of the questions our property management team asks to assess the needs and qualifications of potential tenants:
- How quickly do you want to move in?
- How much revenue do you make?
- How many people will be living with you?
- Have you ever been evicted?
- Where do you work?
Next, after the showing, we ask prospective renters to provide us with some important documents for our property management process within the real estate industry.
These property management procedures include employment and personal references, bank statements, proof of income, credit checks, background screening, and proof of renter’s insurance. Other information our property management team may ask about is the prospective renters' rental history, background checks to expose a criminal background and even surveys.
Our professionals then review each document for consistency, content, and completeness before letting them into your prime piece of real estate. We're dedicated to preventing tenant issues before they occur and making sure that your tenants adhere to your lease agreement.
An owner can count on us and on our services to take care of their rentals like we're the owners, from single-family homes to apartment complexes. What's more, you can trust that our management team knows both federal laws and local laws pertaining to fair housing so your property will be protected at all times.
4. Rent Collection
As a property owner, the most fundamental duty of a property owner is collecting rent. Whether you own an apartment complex or a single-family home, it isn’t the easiest—especially if you have a difficult tenant. If rent is inconsistent month after month, the situation of rent collections can become difficult.
Luckily for you, working with Mike Dunfee Group can ensure missed or late payments are a thing of the past. Our property management solutions offer proper systems in place to help mitigate issues when they arise. We also have an online portal that can be accessed 24 hours a day, 7 days a week!
Renters usually expect to pay rent online, often being able to do it automatically. And you can expect to receive more money much more timely with these methods.
For those who want to physically pay their rent, we also have other payment options available for them as part of our property management solutions. One such option is being able to make payments through third-party retail establishments such as Walgreens and Seven-Eleven.
5. Maintenance & Inspections
Maintenance service is a large part of rental management, but a property owner might see it as an inconvenience. Mike Dunfee Group, however, sees them as an opportunity to help keep a renter happy. And happy renters are far less likely to miss a rent payment, cause excessive damage, or cause you to need our eviction property management service.
Our goal as your property manager is to make sure we respond to calls promptly. We have full-time and dedicated technicians who are available 24/7 to respond to any maintenance request. We use a centralized maintenance system to monitor, respond, schedule, coordinate, and manage all communications in regard to repair issues.
For specialized services, we rely on 3rd party vendors. We only work with certified, licensed, and insured vendors, so your unit is always safe with us. We handle vendor management and inspections, including utility monitoring and emergency repairs, to keep our clients' Torrance, CA rentals in their best condition.
6. Financial Reportings
Our team has detailed tools to keep up with our clients’ finances. The tools are secure, advanced and fully automated web-based accounting systems. All you have to do is log into your portal to view important statements and reports.
From income and expense reports conforming to legal compliance to security deposit, our Torrance management services have you covered. It’s never been easier to keep tabs on your Torrance rental property!