Tuesday, June 28, 2011

Best Ways for Landlords to Handle Late Payments


When a tenant leaves prior to the end of their lease period, it can be some tricky navigation for the landlord. It’s such a relief to have a management company like Fred Leeds Property Management to handle these kinds of headaches for you. Our experienced staff has achieved very positive results for both tenants and landlords at Fred Leeds properties.

Depending on the length and terms of the lease, the process for handling these situations can vary. You never want to allow sympathy to cloud your judgment—the impact non-payment has on your business can be financially detrimental to you. It’s ideal to have a realistic plan for collection and dealing with delinquent accounts—in accordance with the law, of course. Set regular dates for when rent bills go out, a reminder or notice of late fees is sent, dates to call the tenant and when eviction procedures should commence. When you meet with Fred Leeds Property Management, we let you know exactly when those dates are and our plan of action for dealing with late payments or early lease termination.

If the tenant wants to make payments and catch up over time, set realistic payment dates and subsequent plans of action to ensure the plan’s success. Think of when you want the entire balance caught up and weigh the benefits of perhaps getting a new tenant versus letting the current tenant make payments.

Visit the Fred Leeds properties website at www.FredLeedsProperties.com to get more information and browse our listings.

Monday, June 20, 2011

Managing the Big Move-in Day

Moving day is always crazy—everything is happening at once, and you may be overwhelmed by all the last-minute details. Fred Leeds Property Management has seen many come and go, and we know that a little preparation and planning can make this day a piece of cake.

The Departure
Always plan to leave your old abode exactly how you would like to find your new one. Clean as much as you can before the big day, and then take a final walk-through before you leave. Whether you’re moving out of one of our Fred Leeds Properties or those of another South Bay property management group, your extra care will be much appreciated, and if you made a cleaning deposit, your wallet will benefit.

Confine Your Pets
The best thing you can do is have someone sit for your pets on the day of the move. If that is not possible, make sure to separate your pets into an area where they will not be in the way of the movers or have the opportunity to bark incessantly or alarm anyone.

Provide Refreshments
Setting out refreshments for yourself and the movers is a great way to add comfort and camaraderie to moving day. Set out water and snacks, or if it’s cold, hot chocolate and coffee. Order a few pizzas for lunch and everyone will love you—especially whichever friends you convinced to help you move.

Be considerate to both your old and new neighbors
At Fred Leeds Property Management, we’ve seen this a million times—the gigantic moving truck blocking a neighbor’s driveway. Make sure your moving truck doesn't block a neighbor's driveway! Try your best not to block the sidewalk with furniture and boxes and make sure the movers don't trek through your neighbors’ lawn or flowerbeds. It’s most considerate to move in the daytime, but not too early or too late. Make sure to throw your trash in the proper receptacle or take it to the local dump. If you need information as to the one closest to you, contact the staff at Fred Leeds Properties.

Monday, June 13, 2011

Why You Need Fred Leeds Property Management

Rentals are a great way to bring in money for a little bit of work. But one issue that may come up is not knowing about how to take care of them all at once. That is when people ought to know the reasons for the Fred Leeds property management. A few of the reasons to have this is it helps manage the property right, they can track all the problems the land has, they could have the regular maintenance scheduled, and they make sure the owner gets his checks each month.

Tracking the land properly can be difficult at times for some people. However, with these programs, it is simple to have the results that they want to because they will have another company taking care of the managing aspect.

Issues that arise with the rentals can be difficult to track at times. However, with the programs they can easily track these issues and determine what the root cause of all the problems really is.

Maintenance that needs to be done on a regular basis could be difficult to figure out at times. That should be when people need to know that they can use these programs to schedule all of that for them.

Getting the checks each month can be difficult at times. With these programs and companies, though, it will be easy to know that they get the check because without that they do not get paid either.

Being able to own multiple properties is something that many people can enjoy using. That is when people ought to be aware of the need to utilize the Fred Leeds property management programs. Once they know this will help them manage the rental, they could track all the issues a piece has, the program could ensure all maintenance is completed, and the programs may assist them in getting paid it will be easy to see why they should be used.

Are you seeking out a highly-rated real estate management business around metro LA? Then pay a visit to Fred Leeds Property Management. They have an "A" review in the LA Better Business Bureau! Having 30+ years of experience in managing all types of real estate, you can trust the knowledge and integrity they provide while servicing their clients and residents.

Monday, June 6, 2011

Fred Leeds Tips for Moving Day

Fred Leeds Property Management is happy to offer some tips for making the day of the move more bearable and even pleasant, whether you’re moving into one of our Fred Leeds Properties or not.


Make sure to not leave your old house or apartment until the movers are completely finished loading the truck and on their way to your new home. Make sure to sign the bill of lading before venturing to your new location, which we hope is one of our Fred Leeds Properties.

Little things can make a big difference—have fresh coffee waiting for the movers when they arrive and perhaps order pizza for lunch. This will help them warm up to you and help make it a more fun day for everyone. Also, keep bottled water in everyone’s reach so you can all stay hydrated.

Make sure that you or someone in your family is available for open communication and to answer any questions about any of the items to be moved. Let them know if you feel uncomfortable about an issue, but don’t micromanage.

Transport your high value items like paperwork (deeds and legal documents), family photos and scrapbooks, and jewelry yourself. This will give you a sense of ease about these items and ensure that you are less likely to micromanage the movers.

These simple tips from Fred Leeds Property Management may seem like common sense, but they are great ways to make the move less stressful and more enjoyable. Visit our website to browse our Fred Leeds current listings!

Wednesday, June 1, 2011

Fred Leeds Properties Tenant Testimonials

October 6, 2010
Debra Guerrero
1900 S. Sepulveda Suite 212
Los Angeles, CA 90025
Cell: (310) 403-0672        
Office: (310) 405-7644

Dear Debra,

Thank you very much for your hard work, commitment and energy you put into managing my properties on Buckingham and Santo Tomas.  I sincerely appreciate your handling of all the situations that arise at the properties and I am certain they are in great hands!

You have been very helpful in helping me locate a carpet cleaner, a painter and a gardener.  It would have been a very difficult and time-consuming endeavor if not for you so I am very pleased to have you as a partner and I thank you.

I look forward to our continued partnership and friendship as we move forward into the 21st Century and Digital Age.  Keep up the fantastic work at Fred Leeds!

Best regards and God Bless,

Fred D. Parrott, MD
Founder/Director
“Real Men Cook” Foundation
Obesity Prevention Initiative (OPI) Program