Expertise.com

Best Property Management Companies in Hollywood

2023

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Property Management Companies FAQs 〉

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Website
Hollywood, CA 90015
  • Marketing
  • Tenant Screening
  • Property Assessment

Why choose this provider?

Ziprent provides property management services to clients around Hollywood and the surrounding cities. Each property owner is assigned a property concierge team whose services include filling out vacancies by listing the property on various sites, performing background and credit checks, and overseeing the lease approval and signing. The team also collects rent from tenants, coordinates maintenance and repair requests, handles the property's financial reports, and performs annual inspections. It also deals with single-family homes and multi-family buildings.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.7 / 5 (335)
Yelp
4.6 / 5 (143)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Starting at $125/month

Website
15303 Ventura Boulevard, Los Angeles, CA 91403
  • Maintenance
  • Accounting Services
  • Tenant Screening
  • Property Inspection
  • Property Assessment
  • Community Management

Why choose this provider?

Earnest Homes is a full-service property management company handling single-family and multi-family residences in Hollywood and the surrounding areas. Its team offers various solutions, including tenant screening and placement, rent collection, property inspection and maintenance, and lease renewal. The company intends to introduce a fresh and innovative approach to property management and now has over $350 million in assets under management. President and founder Jesse Sasomsup offers over seven years of experience in a national property management franchise.

License Verified:

License: 02008003

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.8 / 5 (139)
Yelp
4.5 / 5 (88)
Facebook
5.0 / 5 (7)

Price: Free Rental Analysis and Consultation

Website
208 N Coronado St, Los Angeles, CA 90026
  • Tenant Screening
  • Market Vacancies
  • Rent collection

Why choose this provider?

Based in Los Angeles, Edele Realty provides property management services for clients in Hollywood and the neighboring communities. Its specialties lie in managing single-family homes, small and large apartments, condominium units, and HOAs. It provides property marketing, tenant screening, lease agreement implementation, rent collection, and financial transaction reporting. Tenants can access their accounts, pay their rent, and request maintenance online through the company's website. Property owners are also provided access to an online portal to view their accounts.

License Verified:

License: 01928892

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.3 / 5 (24)
Facebook
5.0 / 5 (24)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
17555 Ventura Blvd. #202, Encino, CA 91316
  • Tenant Management/Customer Service
  • Property Maintenance

Why choose this provider?

Action Apartments is a property management company that has been serving Hollywood for 30 years. It assists tenants with the rental process in apartment units and single-family homes which includes a move-in inspection checklist from the leasing agents upon completion. Its website features available listings with complete property details and video tours to help clients decide on choosing one that fits their needs. For residents, an online portal is available for making payments, maintenance requests, and move-out notices.

License Verified:

License: 01138327

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Frequently Asked Questions

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.