Commercial Space Real Estate in Santa Monica

Property management services can include tenant screening, lease administration, property maintenance, financial reporting, rent collection, eviction services, and property marketing.

Property management fees typically range from 5% to 10% of the monthly rental income, but this can vary based on the property type, location, and level of service provided. Additional fees may apply for maintenance, leasing, and other services.

Property managers find tenants through various methods, including online listings, social media marketing, open houses, and networking within the community to attract potential renters.

Property management involves overseeing and managing residential or commercial properties on behalf of the owner, handling tasks such as tenant placement, rent collection, maintenance, and lease enforcement.

Property managers typically have a system in place for tenants to submit maintenance requests, which are then prioritized based on urgency. They often have relationships with reliable contractors to ensure timely repairs.

Property managers can improve tenant retention by providing excellent customer service, addressing maintenance issues promptly, maintaining property quality, and communicating regularly with tenants about lease renewals and property updates.