Apartment property management

Apartment Property Management

Apartment Property Management

Apartments are a popular choice in Los Angeles County for housing. Owners of apartments face some obstacles when they are trying to maintain the property and dealing with the tenant. So, maintaining an apartment property becomes a tedious task. Therefore, the demand for professional property managers increases for owners of apartments every year. At RTI Properties, we offer full service for Apartment owners from; Marketing, Advertising, and Tenant Acquisition to Maintenance and Financial services. Since the 1980s, RTI Properties has served as Los Angeles County’s top choice for apartment property management services. We have a decade of experience in managing apartments of all sizes. Our Services team is available 24 hours a day for any assistance owners need. Whether your building needs a minor repair or the full range of services, we are here to serve you. Call us today for more information about how we can help apartment owners and apartment investors.

Do you own an apartment in Southern California, and are you looking for peace of mind to maximize your return? If the answer is yes, please read further for the Apartment Management Services we provide in Southern California.

Services RTI Offers to
Apartment Owners
apartment management

 

RTI Properties is one of the best apartment management companies in Southern California. Our Staff will handle the day-to-day operations of managing financial accounts, legal issues to Maintenance and Repairs of an apartment building. We offer 24 hours service. We have a complete solution for marketing, advertising, and tenant acquisition.

Our full list of services includes:

Timely Rent Collection and Increases

We stay on top of our rent increases to maximize your income. We also offer numerous ways for tenants to pay that increases our rent collections and reduces delinquencies. One of the most important duties of an apartment management company is to collect the rent from the tenant. Investment property owners don’t want to spend their time chasing after tenants and collecting late rental payments. A professional property manager knows how to collect to collect those on time, so their client is not waiting and wondering if that occupied apartment is earning income or costing them money.

Tenant Screening and Selection

A management company screens tenants to find high-quality, long-term tenants to keep the income coming in and explains and negotiate leases making sure that each tenant understands their responsibilities under the lease. They facilitate move-ins and move-outs. They also inspect the property to ensure that the tenants are properly caring for their apartments and not doing damage. They also handle all types of complaints from tenants and handle tenant/landlord disputes.

Full Service Leasing

We advertise on the most popular listing sites (including Zillow, Trulia, Postlets, etc.) to get vacancies rented as quickly and as effectively as possible to qualified tenants.

On-going Communication

You can be involved as much or as little as you decide. Our reporting system is very detailed and accurate so that you will know what is always going on.

Maintenance and Repair

We offer independent, insured vendors that provide quality work and material at competitive rates. A property manager should make frequent inspections of the property and tend to any necessary repairs promptly. They need to be able to handle both the repair requests of the tenants as well as the contractors who make the repairs. They need to see that the apartment complex is appealing to both potential and current tenants both on the inside and out.

Legal Issues

A good property management company understands and complies with all local, state, and federal laws governing apartment rentals, including a screening of the tenants and knowing what information you can ask for and what you can’t ask. Properly handling security deposits and whether or not you are required to keep those deposits in a separate account, the rules regarding terminating leases and following the eviction process. Making sure that property meets any safety standards to protect the tenants and the visitors to the property.

Budget and Records

An apartment management company needs to be able to keep a complete financial record, including receipts for the property they are managing. It includes keeping track of income and expenses on a monthly basis. You also need to track the frequency of inspection and the maintenance and repair requests. You also need to keep a record of which apartments are rented and which ones are vacant, the rent collected, and the insurance and taxes for the property.

Comprehensive and Transparent Reporting

Detailed reports of all income and expenses from anywhere and at anytime

  • Meticulous follow through
  • Fast and compliant evictions
  • Store data electronically
  • Real-time access to all property information – login to review all your financials about the property 24/7.
  • Owner distributions you can either receive a monthly direct deposit, or you can receive a check mailed to your address.

Tips on Finding the Right Property Manager for Your Apartment Right Property Managers

To find the right property manager for your apartment, you are going to want to find a property management company that keeps the lines of communication open so that you know what is happening with your property at all times.

You want a property manager who explains the services that they provide in detail, so you know exactly what you are going to get for the money you spend. You also want a property management company that makes themselves available to answer your questions and address any concerns you may have.

You also want a property manager that makes your property a priority and is dedicated to providing you with the highest quality service possible at an affordable cost.

Factors to help you find the right property manager

Proven Profit

You bought that investment property to make an income from it, which is why you want a company that has proven to make a profit for the property owners they represent.

Reviews

Make sure to read the reviews for various property management companies to see which company meets the needs of the clients the best. You also want to check with such sites as Yelp and the BBB.

Assistance

Another thing you want to consider when choosing an apartment property manager is the amount of assistance the company offers. You want a company that is willing to suggest things you can do to make your property more appealing and provides for even more income.

Planning

You want to know how a company plans to market your property, find quality tenants, and ensure that your property is profitable. You want to know that the apartment management company you choose has a plan for managing your property that combines both traditional methods and innovative ideas.

Licensed

You also want to look for an apartment manager that is licensed. Having a license shows that a property management company is serious about the services that they provide and meets at least the minimum requirement in their field of expertise.

What Does An Apartment Manager Do?Apartment Managers

apartment-property-managers-ca

An apartment manager’s job is to oversee all the daily operations of an apartment complex from finding high-quality, long-term tenants for empty apartments to keeping a financial accounting of the apartment building’s financial health.

An apartment manager’s main job, in a nutshell, is to protect the client’s investment from damage, while ensuring that the apartment complex produces the most income possible for the area in which the apartment complex is located. An apartment manager needs to be highly focused and be able to pay attention to detail.

Do I Need An Apartment Building Management Company?Apartment Building Management Company

You may be wondering if you need a professional apartment management company to manage your apartment complex. The answer to that question depends on some things. Do you have the time, the skill, and knowledge to manage a building yourself? For a single owner, managing an apartment complex is likely to be a full-time job.

Also, you need to be able to deal with different tenants and their personalities like being able to deal with the complaints from tenants in a timely and professional manner.

Unless you have had prior experience in managing buildings and complexes, doing so can be extremely overwhelming. Hiring a professional company who has the experience, the knowledge, and the training to take on every aspect of managing an apartment building or complex gives you the best chance of ensuring that investment earns a profit for you both today and in the future. An apartment manager or management company also frees up your time, so that you can attend to other important things in your life, while still getting the most out of your investment property.

If you are looking for a quality property management company in Los Angeles and throughout Southern California, then you need a clear basic understanding of what an apartment manager does to help you make an informed decision regarding which property management company is right for you.