Earnest Homes is a full-service property management and brokerage company. Our services include tenant placement, lease renewals, inspections, rent collection, as well as buying or selling properties. We have been serving the property management needs of Los Angeles since 2015.
Property rentals can be a rewarding source of income. However, it brings a lot of stress and headaches when not done the right way.
Inexperienced landlords can easily commit several mistakes that can hurt your income potential. Some of the mistakes inexperienced landlords commit include:
Not conducting proper background checks on your prospective client—Because of this, you may end up with tenants that will give you serious challenges.
Not marketing their property—Property rentals is a business, so you must put in some additional effort to market your property to potential tenants. If not, then this will lead to vacancies.
Not doing maintenance and repairs on time—Repairs are necessary to keep your property in excellent condition. However, if you’re a part-time landlord, will you really have time to take care of the repairs and maintenance and not miss your day job?
Not familiar with how lease terms are enforced—Inexperienced landlords may not fully know their rights. This can hurt their rental business in the long run. Landlords must ensure that their tenants abide by the lease terms and should know how to enforce these terms in case the tenants fail to follow them.
Aside from the problems mentioned above, inexperienced landlords could also fail to follow housing codes. They may also not do enough to keep quality tenants, or worse, lease out a property without a clear legal agreement!
The problems landlords face may seem messy but don’t let these deter you from becoming a landlord. That’s what Earnest Homes is for. We make the business of property rentals convenient for both landlords and prospective tenants.
- In business under this name: 8 years
- Company size: 10 to 20 employees (full time)
- We manage the following property types:
- Single Home or Condo (valued under $250k)
- Single Home or Condo ($250 to $500k)
- Single Home or Condo ($500k to $1 Mil.)
- Single Home or Condo (Over $1 Mil.)
- Multi-Family (2-4 units)
- Multi-Family (5-19 units)
- Multi-Family (20-99 units)
- We manage properties in: