Property Management Services
Here at Vision Property Management, we pride
Property Owners We Serve
Investment properties are a sure way to build long-term stable wealth and we realize that has a lot to do with how a property is managed. Our aim is to exceed our investor’s expectations through scheduled maintenance and quick repairs; careful tenant selection and clear communication.
If you are a local homeowner or investor, come visit our Oakland property management office, to speak with an expert about your property management needs!
TYPES OF PROPERTIES WE MANAGE
Property Management Service Areas
Our Oakland Property Management office services Oakland, CA and the Bay Area. Our Los Angeles Management office serves the Greater L.A. area. State laws regarding landlords and tenants are complex and the penalties for violation can be costly. Our staff is fully
OAKLAND PROPERTY MANAGEMENT
(& SURROUNDING AREAS)
Oakland has the busiest port in the San Francisco Bay area. Oakland is divided into over 50 neighborhoods that include the Lake Merritt, East Oakland, North Oakland, West Oakland, Oakland Hills and the upscale neighborhood of Rockridge. Based on the latest Census data, 57.6% of the housing units are rental properties.
PROPERTY MANAGEMENT USE CASES
INVESTOR USE CASES
INVESTMENT PORTFOLIO EXPANSION
INVESTING FOR APPRECIATION
HOMEOWNER USE CASES
FUND YOUR RETIREMENT
Property Marketing and leasing services
EVALUATE YOUR RENTAL
Before even listing the unit for rent, we will carefully evaluate your rental property. We will pay particular attention to maintenance concerns, safety issues and code compliance. We will examine all of the existing lease agreements and look for ways to increase your cash flow. We will then meet with you to discuss a management plan and how to initiate income increases and expense reductions.
GET THE UNIT READY
ADVERTISE THE RENTAL
Our property management firm utilizes the most effective advertising methods to locate a quality tenant. We know the value of internet listings along with visible signage and printed advertisements. Our advertising techniques reduce vacancies and increase public response.
SCREEN PROSPECTIVE RESIDENTS
SELECT THE BEST RESIDENT
We have established a set of non-negotiable tenant qualifications and credit requirements to ensure that we only place quality tenants. We carefully review all credit applications. We also complete a background check on all applicants, including calling references and prior landlords.
PERFORM MOVE-IN INSPECTION
Once a tenant is approved, we will help the tenant to complete a move-in inspection. This will document the actual condition of the unit upon move-in. Our documentation includes photographic proof and signed inspection forms. This allows us to address any concerns of the tenant.
EXECUTE AND FILE LEASE DOCUMENTS
We have retained the services of an attorney to write our lease agreements. All lease agreements abide by California law and are carefully written to protect the financial interests of the landlord. We go over the lease with the tenant so that they know exactly what is required. We make sure the leases are properly executed and preserved.
MONITOR MOVE-IN PROCESS
Once a tenant is approved, we monitor the move-in process. We want to encourage communication with the tenants and assure them that any issues will be resolved as quickly as possible.
PROPERTY MANAGEMENT AND MAINTENANCE
Proper management and maintenance
ELECTRONIC RENT COLLECTION
REPRESENT OWNER IN RESIDENT ISSUES AND REQUESTS
CONFIRM ALL REPAIRS ARE COMPLETED
E-TRANSFER FUNDS TO OWNERS
OBTAIN OWNER APPROVAL FOR COSTS ABOVE $500
INSPECT UNIT 90 DAYS AFTER OCCUPANCY
COORDINATE REPAIRS WITH EMERGENCY SERVICES
NEGOTIATE WITH VENDORS
PERFORM MOVE-OUT INSPECTIONS
Property Management Billing and Accounting
Create and Distribute Monthly Owner Statements
All property owners will receive monthly financial statements and a record of tenant activity. These can be sent electronically or through standard mail – whatever is the client’s preference.
Manage Security Deposits
A careful record is kept for all security deposits. Deposits are not released back to the tenant until the move-out inspection has been completed and any tenant-inflicted damages have been repaired and paid for. Release of the security deposit is handled in accordance to California laws.
Provide Copies of Maintenance Invoices
In addition to monthly profit and loss statements, each month the property owner will receive a record of all maintenance requests and invoices.
Provide Year-End Records
Year-end financial reports will be provided early in the year. A copy of these records can also be automatically forwarded to a CPA or tax preparer upon request.
Managing Tenant Relations
Manage Habitability Issues
Handle Security Deposit Disputes
Issue and Collect Late Fees
Send Legal Notices
Represent Owners in Court
AND MUCH MORE!
When maintenance is no longer enough and more skilled construction is required, we call on the services of our brother company, Elevate Builds. Whether it is a structural repair, a renovation or a grounds up construction project, Elevate Builds can be trusted to get the job done right the first time.
FULL SERVICE JANITORIAL
AND MUCH MORE!
Property Management Services Pricing
One-Time Set-up Fee: $200
Leasing Fee: 50-60% of 1 Month’s Rent
Renewal Fee with Rent Increase: $100
All expenses over $500