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.
At Kronovet Realty we make every effort to solve little problems before the become large and much more expensive issues to handle.
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.
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
This is how Kronovet Realty Co. does business.
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.
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.
The Kronovet Team offers free Broker Price Opinion report for our clients. We consider the following major factors in our Advanced Comparative Market Analysis:  Construction quality and design,  Location uniqueness,  neighborhood,  amenities,  Prices of similar sold comps,  area price trend,  combined days on the market of the area listings,  list prices of active comps in the neighborhood,  overall market condition,  interior decoration and  curb appeal.
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.
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.
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.
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.
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.
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..
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.
When your work with Kronovet Realty Company...Every day is a work day until your home sells.
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