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10 Steps to Faster Leasing a Rental Property

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When you own a rental property and your tenant moves out, it is money lost. In fact without a strong marketing plan, an average vacancy can last from 2-3 months which is quite a bite out of your bottom line. Too often you find real property owners managing their property but due to their of experience and skill to rent out the property, they end up with vacant houses for an unnecessary periods of time.

As the nationwide leader in local property management for Westside and South Bay Los Angeles, Real Property Management Choice has developed a leasing process that has proved to shorten vacancies and increase rental income by finding reliable tenants more quickly. Below is a step by step process of the leasing process.

  1. Acting spontaneously to help the property owner prepare the home for renting commonly referred to as getting the home ‘Rent Ready’. This includes bring the property up to code, professional re-keying, guidance on any repairs or improvements that may be required to help the property rent out as quickly as possible.
  2. Helping you determine the best rate and market that is appropriate for your property in helping it lease out quickly. We arrive at this rate using a thorough evaluation of the property with experienced licensed real estate appraisers in our team.
  3. We then devise a marketing strategy for your property and vigorously advertise it using various avenues such as the most visited rental sites, our website, yard signs and other local outlets to attract more qualified applicants. We have to expertise on how to pre-lease your rental property, before it is even vacant, to greatly reduce vacancy rate.  In pre-lease situation, the usual turnaround time between the tenants is less than 7 days.
  4. We promptly respond to inquiries 7 days a week and coordinate professional showings 7 days a week.
  5. We do a thorough background check for all applicants including credit, criminal, employment and rental history. This is a very important process as well screened tenants are likely to stay longer and prevent costly turnover down the road.
  6. Our proprietary technology driven system (mobile friendly) enables us quickly covert qualified applicants to responsible tenants with e-sign and online ACH fund management.
  7. Our well-written bullet-proof lease agreement helps to define the rights and responsibilities of all parties to maximize the protection for your investment and minimize your liabilities
  8. Finally, we manage the move-in, setting the expectations clearly with the tenant and attending to every other detail.
  9. Throughout our entire leasing process, our experienced team of experts provide unsurpassed service of weekly leasing updates, an information packed online portal and first class customer service.

CashUltimately, the tested, efficient leasing process protects your cash flow while saving you time and hassles. You can rely on Real Property Management Choice for shorter vacancies, more reliable tenants, longer  lease terms, and your own team of experts to support you every step of the way. Put our experienced team and proven process to work for you.  Call today!

Click Property-management-fees to see RPM choice pricing guideline. For every of our customer we are here to ensure that the cost of our property management is worth the price, giving you the best return on investment.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.