Build Your 30-60-90 Day Plan in Minutes, Not Days
The New Year brings a lot of homework for landlords and property managers in 2020:
Check to make sure you’re lease agreements are AB1482 compliant
Attract new tenants to take over upcoming vacancies
Perform yearly maintenance on your property to best market to new tenants
This post discusses how landlords and property managers can create their 30-60-90 Day Plan to prepare their property for new tenants, lease renewals, and Spring maintenance.
As the weather warms, the housing market starts to pick up and people begin looking for new properties to lease.
Home Rentals LA has perfected a system for landlords to get ahead of both administrative and seasonal maintenance of their properties.
Why 30 days, 60 days, and 90 days? And why do this TODAY?
During Spring, landlords will need to prepare for an increase in rental applications, property viewings, and new leases. By starting now, you are setting up your property to attract the BEST tenant for the MOST rent at the LEAST cost to you.
Copy This: 30-60-90 Day Plan
Most renters move around the first of the month and, depending on your agreement, are obligated to give 1-2 months notice if they are intent on leaving. So chances are, your tenants are already thinking about moving or renewing.
The first 30 days should focus on:
Discuss with your tenants plans for moving as early as possible.
Start planning for your marketing campaign once you realize there's a vacancy coming up.
Review your current leases to insure they are AB1482 compliant.
Get feedback from your current tenants on property maintenance and repair notices. At the very least being heard will go a long ways for tenants.
Perform exterior inspection of property.
The second 30 days should focus on:
The prime time for applicants is 45 days out from the lease term. This means precisely during this time period you should be communicating and reaching out to these tenants with a competitive and attractive marketing campaign
What happens if you don't? You’ll either have to wait another month to fill the vacancy, lower your rent, or settle for a less than ideal tenant.
Your lease agreements should already be updated to be compliant with AB1482, including any notification requirements.
Perform habitable maintenance: start with living issues that may deter lease renewals and new tenants (plumbing, electrical, mold, pest issues, appliances, etc.)
Perform exterior maintenance: start with curb appeal and safety concerns (roof, rain gutters, siding, cracks in pavement, etc.) If it can’t be completed during this timeframe, you’ll be honestly able to say it’s on the short-term to-do list to potential clients.
The third 30 days should focus on:
Property viewings and getting a quality tenant to sign the new lease agreement.
Putting in your calendar the next time you have a vacancy coming up and doing it all again.
Finishing up the property maintenance or creating a concrete plan to finish it over the next couple months.
Skip the Work. We Will Do It For You
To prepare yourself for the changes that tend to come with spring (whether it’s new tenants, renewed tenants, or increased maintenance), you should always have a game plan in place. But if all of this is overwhelming, don’t worry. We will create the game plan for you.
Here is what we can do for you:
Analysis of rents in your area to stay competitive while earning the most money.
Lease agreement review and updates for AB1482 compliance, including notification requirements.
Maintenance and property curb appeal reviews prior to marketing.
Free marketing on hundreds of news and real estate sites to attract prime tenants.
Property viewings, background checks, lease signings.
Connection and referrals to a wide professional network for property maintenance and other needs.
Get it done with the least amount of time and money required from you.