Residential & Multi-Family Property Management
Our Los Angeles residential property management services include rent collection, property maintenance, financial management, tenant screening, marketing vacancies, budgeting, property inspections, and more!
Managing residential and multifamily real estate properties comes with a lot of hard work. When you manage multiple tenants residing in a building, turbulent days should be expected. Making sure that everyone is happy, comfortable, and content can sometimes seem like an impossible task. Belwood Properties, a residential property management company, has established a system that assures our clients that their residential and multifamily properties are in good hands.
Our Residential Property Management Services
Residential & Multifamily Tenant Relations: When qualifying new tenants for multifamily housing, expectations are set immediately. Having an understanding of the lease, building operations, and house rules sets the stage for the remainder of the tenant’s occupancy. Building a foundation from the beginning helps to establish a line of honest communication. This type of honesty ensures a relationship that is more than just business. We are all humans and make mistakes, so being compassionate and understanding of tenant needs not only minimizes turnover rates, but also shows a level of integrity.
Residential & Multifamily Property Maintenance: Preventative maintenance reduces large expense costs that could have been avoided. Belwood Properties performs inspections for move-ins, move-outs, exterior, and interior. These inspections ensure that there are no surprise extraordinary costs, unless there is a natural disaster or a burst pipe. There are many seasonal tasks that are overlooked but could be costly; such as trees, gutters, roofs, and plumbing. Performing routine interior inspections of occupied units, ensures that there is no suspicious activity. Often times occupied units will not reach out to landlords for maintenance needs because they do not want the landlord to see the state of their apartment. Most leases say that a tenant must practice basic sanitation or they are in violation of their lease terms. These routine inspections help to ensure that all units are not breaking any term of their lease, and that the building is healthy and habitable.
Residential & Multifamily Building Operations: Belwood Properties multifamily management team shares the responsibilities that come with effective operation practices. Our team members are capable of tackling any emergency, problem, or routine operation at maximum efficiency. Each of our team members specializes in a specific operation task, ensuring that no issue is overlooked or mishandled.
With over 20 years of experience, Belwood Properties is proud to say that we still have some of the original communities that where a part of the first year in business. The professional relationship we establish with our clients consists of integrity and respect, allowing us to have the necessary communication required. Maximizing our clients return on investment comes first, which is why our daily operations are tailored to each individual client. No one multifamily property is the same, which is why we customize service to each communities needs.
Residential & Multifamily Property Management Specialty Fields
Rent Stabilized Multifamily Properties
Affordable Housing Multifamily Communities
HUD Compliance Multifamily Communities
Full-Service Residential & Multifamily Property Management Includes:
Show vacancies to prospective tenants
Thorough screening of prospective tenants
Drafting lease agreements for new tenants
Maintenance and emergencies (all requests are scheduled and overseen by Belwood team)
Property inspections for preventative maintenance (once every 2 weeks)
Oversite of all vacancies and preparation
Updated market reports
Payment of property taxes, insurance, mortgage, utilities, maintenance, etc.
Financial and owner reports
Property expense reports and explanation of property expenses
Collection and processing of asset receipts