Monday to Friday - 9:00 am - 5:00 pm
Absolutely! Signature Property Management is a Full Service Real Estate Brokerage firm and employs several licensed and experienced Real Estate Agents and Mortgage loan officers. Our agents are happy to look for investments’ properties for you.
Major appliances need to be in working order, fire alarms in each bedroom & main living areas, and one carbon monoxide detector on each level. All health & safety issues need to be addressed and the carpets and the house need to be professionally cleaned.
We exclusively specialize in single family homes, condos duplexes, and apartments in and around the Los Angeles County area.
Our Property Management service area can be found on our Areas We Serve page under the Home Page
You should hire us only if you think we are the best match for your property management needs. We are very selective in the properties that we manage, and you should be just as selective in the property manager you hire.
Turning over your rental property to the care of an unknown property manager can be an emotional and frightening experience. Talk to other property managers before hiring one and ask questions. You should be able to reach an actual person when you call a company, and we strive to make that happen. You can call Steve Kechichian, the owner of Signature Property Management, anytime at 626.429.9740. Our property management agreement states that you can give us 7 days’ notice anytime without any reason to terminate our services. We do this so you have control if for any reason you ever feel we are not managing your property as professionally as you feel it should be.
We are asked this question more than any other by new owner prospects. Homes here in Los Angeles County can vary several hundreds of dollars for the same type of property based on many factors. It is for this reason that to give you an accurate estimate as to the value of your property, we must see the actual property. Once we see the property, we can give you a very accurate estimate as to your properties rental value. Give us a call or Request a Proposal and of course you are never under any obligation until you decide that we are the right company for you.
We give your property maximum exposure while it is for rent and we carefully screen all applicants.
INTERNET LISTINGS – Our available homes for rent are posted online, complete with photos, maps and property details, for prospective tenants searching for a new home. All our rentals are also showcased on TheMLS, Zillow, Trulia, , Homes.com, Hotpads, and Rentalhomespros.com, just to name a few. From this list there are hundreds of other rental sites that grab the info from the few I have listed.
This is the most important aspect of the successful management of your rental property. We do all our screening in-house. We don’t send the application to a third party for processing as do most other property managers. We have direct access to credit reports, criminal background checks, and tenant and landlords actions against the applicants. In general, we look at an applicant’s past behavior and assume their future behavior will be the same. An applicant must demonstrate a history of being a good, responsible tenant or homeowner as well as very rigid standards. competition.
LANDLORD REFERENCES – We personally talk to past landlords and ask detailed, open-ended questions about the applicant’s past performance.
CREDIT REPORTS - Our property manager and leasing agent have a direct connection with the credit reporting bureaus. We obtain a credit report which tells us the applicant’s current and past performance toward meeting their financial obligations. It also tells us their monthly debt, credit score, and shows their previous addresses (which we compare to addresses listed on the application). An applicant must meet established credit standards.
EMPLOYMENT/INCOME – We will want to see a copy of their current pay stub or proof of funds.
PETS – We don’t generally permit animals/pets into managed properties unless you allow us to do so, however, 20% to 35% of renters have pets. When we make the decision to accept an applicant with pets, we minimize your risk by limiting the breed, age, number and size of the pets. We are careful in selecting tenants who wish to bring pets with them.
OTHER FACTORS – Many of our managed properties are subject to Home Owner Association restrictions such as no boats or trailers, and limits on the type and number of vehicles. An otherwise qualified applicant may be unable to lease a property if, for instance, they own a boat and want to park it in the driveway. We make sure issues like that are covered up front to avoid surprises after move-in.
We can direct deposit your monthly owner draw into your checking or savings account. If you own the property with others we can split the owner draw based on the percentage of ownership you provide us. As an example if you and your siblings inherited a home and the disbursement was 50% to one of you and 25% each to the other two, we can set it up to disburse the funds as directed.
Our property management fee is 8% of the monthly rent. There is never a monthly minimum. If your property is not rented, we don’t get paid. We do not markup any repairs or maintenance cost; you are charged exactly what’s on the invoice.
The leasing fee for the placement of new tenants is 50% of one months rent. We absorb all the costs of leasing the property including driving to and showing the property, MLS fees, internet marketing, rental signs, lockboxes, tenant screening, credit reports and criminal background checks, etc. A lease renewal fee of $300 is charged for lease renewals.
No. We don’t try to compete against lower priced property management companies or Realtors who practice property management as a side business. Frankly, we know you can find a cheaper property management company in Los Angeles County. We just don’t think price should be the determining factor in deciding which property manager you hire to manage your investment.
The ultimate cost of using a property manager is determined by many things other than the fee charged. The efficiency and manner in which maintenance and tenant relationship problems are handled, and the attention to detail during the leasing process are two of many areas in which we excel. We feel that our set of services, our systems, and the experience and expertise we offer are a good value at the fee structure we have established.
Check with your accountant. However, in most cases our fees and repairs are tax deductible.
If the repair is necessary due to natural wear and tear, typically the homeowner is responsible. If the repair is necessary due to tenant negligence the tenant will be billed and the homeowner will be reimbursed for repair costs. Before and after pictures of each repair will be taken so our clients can verify any repairs made and that the charges are reasonable and fair.
We pay owners each month on the 8th of each month and periodically as needed. Payments are directly deposited into the owner’s account.
We can start the process immediately. Just click on the Request a Proposal link and the proposal will be emailed back to you immediately. Once you have reviewed the proposal and call us that you are ready we can have your property ready to market in 24 to 48 hours. We need to take pictures for the ads and input everything about the property. For immediate service call Steve Kechichian at 626.429.9740