Welcome to Kronovet Realty Co.

services

YOU CAN COUNT ON FORMER SANTA MONICA RENT CONTROL COMMISSIONER ROBERT KRONOVET TO SOLVE YOUR PROPERTY MANAGEMENT HEADACHES

If you've owned income property for any length of time, you know that managing a rental can be financially rewarding. At the same time, you've also likely discovered that property management requires a large commitment of time, money and effort.

While it may make sense to take the do-it-yourself approach if you're a handy person, live close to your property, and don't mind devoting several hours per month to the task, in many cases this just isn't practical---especially if you hope to expand your business. With this in mind, here are some critical tasks property manager and former Santa Monica Rent Control Commissioner 2008-2012 team will do for you.





  • 1. Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, at Kronovet Realty company we conduct a thorough market study in order to set a rental price for your property, ensuring that you achieve a balance between maximizing monthly income and maintaining a low vacancy rate.
  • 2. Collecting and depositing monthly rent payments on time: If you've ever worked in a billing department, you know that securing payment from clients can be difficult, not to mention awkward. Kronovet Realty company have has, tried-and-true systems in place to effectively collect rent and maintain on-time payments. You'll find this particularly important if you have a limited number of properties, and collecting payments on time is crucial to maintaining your cash flow.
  • 3. Marketing and advertising your property: Through long experience, we know where to market your property and how to craft compelling advertising materials---including a video tour, quality photos, properly written ads and open houses.
  • 4. Finding the right tenants: We are experts at finding good tenants, and will take care of all the details, including the securing security checks, running credit reports, verifying employment, checking on previous evictions and collecting previous landlord references.
  • 5. Managing tenants: In addition to finding good tenants, we will manage all aspects of the tenant-landlord relationship. Kronovet Realty will handle both routine and emergency maintenance, take care of routine LAHD inspections, and manage any situations where conflict resolution is required.
  • .6 Managing vendor relationships: We have relationships with maintenance workers, tradesmen, contractors, suppliers, and vendors that it's almost impossible for an independent landlord to duplicate. As a owner you expect quick response to tenant issues at a fair cost, our staff oversees any necessary maintenance projects and upgrades.
  • 7. Ensuring that you're in compliance with housing regulations and property laws: There is a multitude of applicable laws and regulations to abide by when renting and maintaining your rental property. These include local, state and federal regulations, as well as fair housing regulations (such as the ADA).
  • 8. Maximizing the profitability of your time: By hiring Kronovet Realty Company to take care of the day-to-day aspects of running your income property, your free to spend your time identifying further investment opportunities or otherwise furthering your career. We use the CAR property management form with is the standard and trusted contact, in a nut shell either party can cancel the agreement with a 30 day notice
  • 9. Rent qualifications: 3 times monthly income , 650 or better credit score.

Here are some examples of quality properties like yours that we proudly have sold and manage. We have purchased for investors and have managed over 100 million dollars of property. It is our stated goal to sell, buy or manage your properties with a friendly attitude, professional standards and a client to vendor attitude when it comes to seller, buyer, escrow, title, loan officers or tenant relations.

At Kronovet Realty we make every effort to solve little problems before the become large and much more expensive issues to handle.

Realtor

Multiple Listing Services

Equal Housing

Our basic property management package includes the following:

The following additional services:

Tenant interviewing, apartment prep, Web, newspaper and signage advertising used during vacant apartment marketing and perparing new leases: Broker fees range from half month to a full months rent per rented unit.

Freelance per hour real estate services: rate is $100 per hour.

Kronovet Realty Co. can provide property management for escrow services such as:

Supervision for: property inspections, termite inspections and repairs, estoppel certificates, 24 hour notice to enter, document preparation, tenant notification and various other on site services

Personal Professional Property Management.

This is how Kronovet Realty Co. does business.

Examples of Remodeled apartment kitchens, these special services improve your property value and increase your cash flow, and reduce repairs..

Friends rest easy, you've Kronovet Realty Companies on the your side!

Seller's Info

LIST WITH KRONOVET AND START PACKING !

SELLING RESIDENTIAL PROPERTY

Kronovet Realty Company team is here to maximize your sale price. We offer direct California listing service and work with you step by step until the close of escrow.

HOME SELLING PROCESS

Selling your home can be exciting, but it also takes work. You will need to be proactive and make you home shine. The only point of view is the buyer's. Selling your home can take some time, but with you and us working as a team we will market your property and show you the money.

#1: Free Consultation

We offer you a free in-home consultation to discuss with you on many home selling aspects: your personal goal and objectives, market timing, selling costs, home value analysis, market condition, factors affecting your home sale, tax consequences, capital tax gain exclusion, and other related topics. We recomend a tax attorney or CPA prior to any sales.

#2: Free Home Value Analysis

The Kronovet Team offers free Broker Price Opinion report for our clients. We consider the following major factors in our Advanced Comparative Market Analysis: [1] Construction quality and design, [2] Location uniqueness, [3] neighborhood, [4] amenities, [5] Prices of similar sold comps, [6] area price trend, [7] combined days on the market of the area listings, [8] list prices of active comps in the neighborhood, [9] overall market condition, [10] interior decoration and [11] curb appeal.

#3: Free Neighborhood Home Sale Updates

We will update you daily or weekly on your neighborhood home sale activities. This is done through a service called The MLS. Info will be sent you at your email address.

#4: We help improve your home value

Before your home is put on the market, you need to prepare for the sale. We will set up an appointment with you to review your home. During the review, we’ll make a list of positives and negatives about your home and explain to you why we think it is. We also give you a list of recommendations on how to put your house in best possible selling position. We can recommend a list of painters and repair personal including landscape improvements.

# 5: Full Court press

Top Marketing equals Top price. Your property will be feature in various premium listings including; The MLS, Brokers open house, Sunday open house, Signage, photos and video tour our web sites plus links to various real estate search engines, one-sheet flyers on your property and at our office, various weekly showing and reaching a direct reach to over 4,000 member of the Greater Los Angeles board of Realtors.

#6: Frequent updates

Different house may require different marketing strategies. We market you house in many different ways and receive feedbacks from different sources. We will update you the feedbacks and discuss with you alternative selling strategies if we found it necessary.


We Work With Buyer's

Buy With Kronovet Realty Company and Start Packing

As a member of the California Association Realtors we are the only brokers in the state to have full and complete access to the most up to date and current purchase forms on the market, CAR additional has a team of lawyers and lobbies who work to persuade our elected officials to protect private property rights and keep proposition 13 strong

It all starts with guarantee that any information given will be kept confidential. We will show you the homes, apartment properties or 1031 exchanges on the market that meet your needs. We will point out all the negative aspects of each property as well as the positive aspects so you will be fully informed when making a decision. We will provide information on comparable sales and help you formulate an offering price and negotiating strategy.

Specifically at Kronovet Realty Companies team is here to protect you and your families and your business partners interests. Buying a home, apartment property or competing a 1031 exchanges is not small matter and we will be by your side every step of the way. We understand the sensitive and impactful timing aspects of buying and selling real estate and we will prepare with escrow and title a complete calendar. Naturally we can assist you with a list of lenders, home inspectors, insurance agents and other professionals that we can recommend. We act in a Fiduciary capacity and owe all Fiduciary Duties to you and your family. We look forward to serving your very important real estate goals!

How To Sell Your Home

LIST WITH KRONOVET AND START PACKING !

Our motto is "List with Kronovet and Start Packing" this means that every day is a work day until your home sells and escrow closes. How do we achieve this.

Please feel free to call us at 310-829-9303 or email at Sales@Kronovet.com

WELL HERE ARE THE BASIC STEPS:

#1: Pricing

Pricing it right. It does you and the market not good to list high and then 1 week later drop the asking price by $50,000-$100,000. Buyer's are as smart as we are so who is kidding who.

#2: Curb Appeal

Curb appeal. That's means the house looks ready to sell, it has a fresh coat of paint, the landscape looks clean, the grounds are not full of clutter. The inside smells good, all the personal items are removed and the buyers can see themselves living in what was your home..

#3: Marketing

Full internet presences: including THEMLS, video tours, flyers on the property, signage, and Sunday open houses. Email blasts to buyers agents and as well as large universities, hospitals and large employers and well as major temporary housing providers.

#4: Everyday

When your work with Kronovet Realty Company...Every day is a work day until your home sells.


ALLOWABLE RENT INCREASES

LA City Rent Increase 4% Start July 2019

Rent Stabilization Bulletin The Rent Stabilization Ordinance (RSO) which became effective May 1, 1979, was designed to protect tenants from excessive rent increases while allowing landlords a reasonable return on their investments. The following information reviews the allowable rent increases for those rental units subject to the Ordinance. AUTOMATIC ADJUSTMENTS The rent for a rental unit may be increased without the permission of the Rent Adjustment Commission (RAC) or the Rent Stabilization Division under the following circumstances by: 1. Three percent (3%) to eight percent (8%) every 12 months in accordance with the annual rent increase percentage, which is based on the Consumer Price Index (CPI) average for the twelve (12) month period ending September 30 of each year. The annual adjustment may be applied once each year. The 3% to 8% annual increase is NOT cumulative or retroactive. THE CALCULATED ANNUAL INCREASE PERCENTAGE EFFECTIVE JULY 1, 2019 THROUGH JUNE 30, 2020 IS FOUR PERCENT (4%). For allowable rent increase amounts in previous years, refer to the table on the next page. This annual increase may be imposed only if twelve (12) months or more have elapsed since the last such rent increase.

CITY OF LOS ANGELES P.O. BOX 17280, LOS ANGELES, CA 90017-0280 866-557-RENT (7368) HCIDLA.LACITY.ORG

For Any Information Call Us

(310) 829-9303