South Bay Property Management: It’s All About the Amenities

Even as rental markets tighten, Fred Leeds Property Management is witnessing some fierce competition for good tenants. The trend we’ve seen from potential tenants who are looking at Fred Leeds Properties or those managed by another South Bay Property Management company are seeking amenities. Property owners and investors who want to attract a high-income demographic of tenants are starting to increase the amenities at their units.

Some of the common niceties we’ve noticed among the units that we handle at Fred Leeds Property Management include stainless steel appliances and granite counter tops, but now it seems that investors and even other South Bay Property Management companies are seeing the benefits of providing on-site gyms, Jacuzzis, nice communal spaces, as well as housekeeping services, dry cleaning and underground parking. Investors who are willing to make the investment in such upgrades will definitely reap long-term rewards. At Fred Leeds Properties, we understand that amenities translate to low tenant turnover, full building and even waiting lists.

Handling Repairs Like A Pro

Fred Leeds Property Management manages the ins and outs of making repairs to rental properties like no other—that’s what makes us the best South Bay property management company around. While it’s no surprise that managing repairs comes with the territory, many landlords may drop the ball when they receive repair requests from tenants. Sometimes it’s easy to forget the importance of expeditious repairs when it comes to keeping tenants happy. However, at Fred Leeds properties, we make it a priority to handle repairs effectively and efficiently, so that both tenant and landlord are satisfied.

When maintenance issues aren’t handled properly, this affects the quality of tenants the property attracts. Landlords sometimes forget that, no matter what, there may be electrical problems, broken appliances, plumbing leaks, and issues with water heaters, among others. If they are not handled in a timely manner, this can result in bad write-ups or reviews, the inability to attract tenants, and ultimately, tenants’ vacating the properties. This is exactly why having a company like Fred Leeds Property Management manage your rental units is so fundamental. While landlords would rather save their money and collect rent than spend it on repairs, they’re forgetting the big picture and that having an empty unit for several months or experiencing early turnover costs them significantly more than the repairs would.

Another mistake that may come up if you don’t have a company like Fred Leeds properties managing your rentals, is allowing tenants to make their own repairs. While it may seem to save money at the time, it actually can end up costing way more if the tenant makes a mistake or hurts themselves in the process. No one wants a big, nasty lawsuit if that can be avoided. Only a best in the South Bay property management company will eliminate that potential liability and all the ancillary headaches for the property owner at the least amount of expense.

For more information, please visit www.FredLeedsProperties.com.

Making All Our Customers Happy

Fred Leeds Property Management works harder than any South Bay property management company to ensure that both tenants and landlords are happy. It’s a fine line sometimes, as it’s almost as though there are two customers—and the customer is always right… right?

What we do at Fred Leeds Properties is make sure that we provide the best, most attentive customer service possible. While there can’t always be two customers in a situation that are right, what we can do at Fred Leeds Property Management is make sure that everyone is happy.

We’ve kept our reputation as the best South Bay property management company by carefully following our time-tested strategy: 1) We carefully and sympathetically listen to our tenant’s concerns and issues. 2) We straightforwardly explain that while we may agree with some points there are reasons why the issues can’t be resolved in the exact manner that they’d like. 3) We then determine a way to meet the tenant halfway, in a manner that the landlord approves of.

What we’ve seen with Fred Leeds properties is that tenants are satisfied and happy when they feel like their needs and concerns are being listened and attended to. A compromise is always exacted and everyone feels valued and is, therefore, still happy.

Visit http://www.fredleedsproperties.com/.

Property Management and Pets

Every property manager, including those at Fred Leeds properties, at one point must make the decision to allow or prohibit pets. While many landlords do not want to allow them for fear of property damage, others think it’s a bad idea to prohibit them, because tenants will most likely have them anyway. Luckily, many pet owners are very responsible and will disclose their animal count and typically be very careful to prevent damage.

However, an issue beyond property damage that landlords and owners need to carefully consider is the possibility of dangerous pets. The staff at Fred Leeds Property Management works to stay abreast on this issue, and does everything possible to protect clients from the potential liability caused by dog attacks. Many South Bay property management companies enforce strict policies regarding vicious animals, as insurance companies tend to decline coverage for such pets. Some of the types of dogs that may be considered dangerous include: Alaskan Malamutes, Akitas, Chow Chows, Doberman Pinschers, German Shepherds, Pit Bulls, Rottweilers and Siberian Huskies.

At Fred Leeds Property Management, we will help the landlord devise their policy by providing up-to-date information and statistics on dog attacks. When there is the potential of a life-threatening or fatal attack, this type of policy is a serious matter that must be carefully considered.

To browse listings of Fred Leeds properties or to learn more about the premier South Bay property management company, visit www.FredLeedsProperties.com.

Managing Tenant Issues: Electrical Problems

There are a myriad of tenant issues to resolve, which is why it’s so much easier to have a property management company like Fred Leeds Property Management on board to handle them when they arise. A tricky set of issues that every South Bay property management company is familiar with is electrical problems.

Maintaining rental units and housing complexes requires staff to regularly check the premises for loose and short-circuited wires to ensure that they are not stepped on, which can be a very dangerous situation and cause injury. The staff at Fred Leeds properties ensures that such situations are rectified immediately by installing signage to warn individuals to stay away from the dangerous wires and hiring an electrician to fix them as soon as possible.

Power outages are another common occurrence among rental units that can prove to be very irritating and inconvenient to tenants, which is an integral reason for providing immediate assistance through a company like Fred Leeds Property Management. Plus, it’s something landlords really don’t want to be bothered with, as they can happen at odd hours and in the middle of the night. Having the staff of a premier South Bay property management company like Fred Leeds Properties ensures that prompt service is offered to your tenants. People can get stuck in elevators, suffer from security issues or be significantly inconvenienced when working from their home office.

Browse our current listings of Fred Leeds Properties and learn about the best South Bay property management company at www.FredLeedsProperties.com.

Keeping Your Unit From Going Down the Drain

Plumbing is a key factor in keeping your premises clean and hygienic. Having a South Bay property management company like Fred Leeds Property Management handle plumbing issues eliminates significant headaches for a landlord while helping to maintain a professional image for your rental units.

Handling the maintenance of plumbing in rental units not only involves negotiating and managing payments, but also requires administrative work to ensure smooth relations with tenants. The staff at Fred Leeds properties are experts at dealing with the plumbing issues—since they are typically pretty urgent situations, our staff will quickly identify whether a situation will require specialized assistance from a professional.

While the professionals at Fred Leeds Property Management are well-versed in educating others on proper plumbing “etiquette,” such as what should and should not be flushed down the toilet, etc., they’re also skilled at determining the urgency of a situation. When larger problems arise, such as pipeline leakages and other issues that can potentially become costly, these will be handled safely and efficiently.

To view listings of Fred Leeds Properties or to learn more about the best South Bay property management company, visit www.FredLeedsProperties.com.

When Property Renovations are a Good Investment

At Fred Leeds Property Management, we’ve seen a lot of properties garner significant returns through property renovations, especially if when the owner plans to sell the property down the line. The key is to make sure that your home renovations add value to the property, without getting too extravagant.

Whether you’re involved with one of Fred Leeds properties or another property, keep the neighborhood  your unit is located in mind. You don’t want to exceed the ceiling of the area, because then it will take years and years to get your returns, if at all.  Certain upgrades are always a win-win, such as improvements to the kitchen, which tends to be the heart of a home, where families or couples gather to cook, eat and entertain. Installing new granite countertops, tile flooring or built-in appliances add instant value to your rental unit. At Fred Leeds Property Management, we’ve seen new appliances give a kitchen an entirely brand new feel. Bathroom remodeling can also be very key, yet very costly. Often times, simply replacing water fixtures and hardware will revitalize the bathroom.

Before you begin any major remodeling or renovation, fully assess your property’s value as well as the neighborhood that it’s located in. To browse listings of Fred Leeds properties, visit www.FredLeedsProperties.com.