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.
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What are the costs of working with Pacific Palisades Property Management?
You will be charged a 5-6% fee for managing rental property in Pacific Palisades. This amount varies based on the number of units and the location of your property. One of our specialists will walk you through the process and provide detailed pricing information.
How can I find out more about your services and costs?
You can email us at firstname.lastname@example.org or call us and speak to one of our Pacific Palisades experts. You will be provided with detailed information about our services.
How can I be sure tenants will see my property?
Your property will be listed on the internet’s most visited real estate websites, including Zillow, Trulia, HotPads, and Apartments. These websites have been chosen for their high traffic volume, which ensures your property’s visibility. We can provide you with further exposure via our own website for maximum exposure.
How do you show vacancies to tenants?
Our team shows Pacific Palisades property listings in person or via Facetime, so we can be there for any questions or concerns. This allows us to build a relationship with the right tenants.
What services does your property management service include?
Our property management service includes a wide range of services to help you manage your property effectively. These include: rent collection, tenant screening and placement, property manager overseeing building management, maintenance and repairs, financial reporting and accounting, and legal compliance. We also provide 24/7 emergency support for tenants.
How can I be sure that you use only certified professionals for repairs?
Lotus West Properties uses our contacts in the industry to find the best crews and professionals for all types of repairs. We use licensed people, which allows us to main a high quality of maintenance work on buildings. Our admin team manages the entire process on your behalf.
What kind of management information can I expect as a landlord?
Pacific Palisades property owners will be sent monthly statements showing:
- Rent collection
- Bank statements
Our professionals ensure that reports are done promptly, eliminating the stress of property management.
How can tenants pay their rent?
Lotus West Properties tenants may submit their rent payment by logging into their payment portal or mailing a check to our office. Tenants can also request that we pick up a check at the property for the most convenient payment experience.
How many units do you manage?
You can rest assured that we have experience managing properties because we currently manage 500 units across 34 buildings. This includes buildings in Pacific Palisades. This list is growing daily as more landlords trust us with their rental investments.
What kind of reports do you send? How often?
Some of the reports that we send to our Beverly Hills property owners each month are P&L, rent collection, all banking statements, and invoice copies. Our professionals ensure that both sides can easily remain organized for as long as we are managing your Beverly Hills property.
What methods do you accept rent by?
Lotus West Properties tenants may submit their rent payment by logging into their payment portal or by mailing a check to our office. Tenants can also request that we pick up a check at the property for the most convenient payment experience.
How many units do you manage?
Lotus West Properties manages just under 500 properties and is growing. We are always looking for new opportunities to help property owners provide the best service and keep operating costs minimized.
What are your business hours?
Our team is available 9 am – 5 pm on weekdays and for emergencies after-hours.
Are you licensed and insured?
Yes, Lotus West Properties is licensed and insured. We would not take risks with our own properties and we want you to have the same peace of mind.
What is special about Pacific Palisades?
Nestled between the Pacific Ocean and Santa Monica Mountains is the coastal town of Pacific Palisades. Known for its seclusion and proximity to the ocean and hiking trails, it offers an ideal hideaway for those wanting to escape the hustle and bustle of downtown Los Angeles.
The Mediterranean climate provides the perfect weather for enjoying the vibrant downtown atmosphere. Known for its abundance of Italian restaurants, coffee shops, and boutiques, the quaint downtown area provides a busy yet relaxed atmosphere.
Pacific Palisades is noted for its architectural buildings. Many of its notable landmarks are homes styled by famous builders and architects. The eclectic architectural style is still seen in single-family homes, apartments, and cliff-side mansions.
With a population of 28 811, ‘Pali’ has a good mixture of schools, cultural and sporting activities and landmarks. If you’re looking for a lifestyle brimming with sunshine, nature, close-knit communities and proximity to some of LA’s most influential people, then this is the place for you.
The locals have this saying: ‘If you’re rich, you live in Beverley Hills. If you’re famous, you live in Malibu. If you’re lucky, you live in Pacific Palisades.’
Property Management Services can make a big difference in your Pacific Palisade experience. Lotus West Properties is a favorite amongst the owners of Pacific Palisade’s most stunning properties. Let us help you find your home in this beautiful neighborhood.