Although investors in Los Angeles residential real estate, we are based overseas. So we needed a local management team that would provide a reliable and comprehensive service. Preferably a family-led operation which would also ensure continuity with the senior management. A Los Angeles realtor friend recommended Lotus. He has been proved absolutely right.
We live in the San Diego area and Lotus West Properties has taken care of our building for many years. They manage all phases of the business smoothly and profitably. The building is in excellent hands.
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Vacancies are never a good thing because it means you are not generating income on your property. If a tenant has decided to vacate the premises, and hopefully given you adequate advance notice, your top priority is finding a new renter as quickly as possible. That...
Los Angeles Property Management Company FAQ
How much does property management cost in Los Angeles?
Lotus West Properties charges a management fee of 5-6% for Los Angeles rental properties. This amount may vary between situations based on the number of units and the location of your property. Call, email, or request a call from our property management experts for detailed pricing and service information. Our team is happy to discuss how we can improve your renting experience.
How much do you charge for leasing vacancies?
What methods do you use for listing Los Angeles vacancies?
How does Lotus West Properties show rental vacancies?
This in-person experience also gives us a feel for the potential renters to ensure that landlords get the best renters. We believe that successful, long-lasting applicant relationships start with an in-person viewing and initiation.
What kind of services can you provide?
At Lotus West Properties, we specialize in various high-quality, professional services to make the renting process easy. Our knowledgeable team of property management experts maintains a well-rounded portfolio of services, including:
- Market & rent vacancies
- Screen tenants & check credit
- Collect rent from tenants
- Repair and maintain units
- Remodel units as needed
- Oversee ADU construction
- Maintain property insurance
- Upkeep common areas
- Pay invoices
- Oversee retrofitting
- Collect rental deposits
- Communicate with vendors
- Communicate with tenants
- Bookkeeping and leasing responsibilities
Do you own any of the buildings you manage?
Who do you use for repairs?
Lotus West Properties maintains an internal maintenance crew that specializes in routine maintenance and common repairs. This saves us and our clients, money. When in-depth repairs or permit-related maintenance is required, we reach out to the best contractors in Los Angeles for licensed assistance.
Thanks to years of experience with property management in Los Angeles, Lotus West Properties has developed connections with the best service experts in the area.
How many people work in your company?
How much do you markup for repairs and materials?
What software do you use for bookkeeping?
What kind of reports do you send? How often?
What forms of payment does Lotus West Properties accept?
How many units do you manage?
How many buildings do you manage?
Lotus West Properties manages 92 apartment buildings across Los Angeles and continues to grow with each relationship built. Contact Lotus West Properties and work with one of our professionals to help you identify your new home.
Where are your buildings located?
What are your business hours?
If there is an emergency after hours will someone respond?
Are you licensed and insured?
Are you good at dealing with problem tenants?
Our professionals specialize in difficult scenarios, lending you the experience and delicate skill set needed to make the best out of a bad situation. Call our property managers today and find out how we can help you with problematic renters.