Residential Property Management
Oceanside lux provides detailed services to help property owners maximize their investment's profitability while ensuring tenants have a safe and well-maintained living environment.
Tenant Screening and Placement
Marketing Vacant Properties: Creating and posting ads on various platforms to attract potential tenants.
Application Processing: Collecting and reviewing rental applications, verifying employment, rental history, and income.
Background and Credit Checks: Conducting thorough background checks, including criminal history and credit evaluations, to ensure reliable tenants.
Lease Agreement Preparation: Drafting and finalizing lease agreements in compliance with local laws.
Rent Collection
Payment Processing: Setting up online payment systems, collecting rent, and issuing receipts.
Deposit Management: Holding and returning security deposits according to legal guidelines.
Late Fees and Penalties: Enforcing late fees and other penalties as stipulated in the lease agreement.
Property Maintenance and Repairs
Routine Maintenance: Scheduling regular upkeep such as landscaping, HVAC servicing, and pest control.
Repair Coordination: Handling tenant requests for repairs and hiring qualified contractors.
Emergency Repairs: Providing emergency repair services for urgent issues like plumbing or electrical failures.
Financial Reporting
Monthly Statements: Generating detailed financial statements, including income, expenses, and net profit.
Annual Reports: Providing year-end summaries for tax purposes.
Expense Tracking: Recording all expenses, from maintenance costs to utilities, and categorizing them for easier analysis.
Lease Management
Lease Renewals: Notifying tenants of lease renewal options and negotiating new lease terms.
Lease Terminations: Handling early lease terminations and ensuring compliance with notice periods.
Eviction Proceedings: Managing the eviction process, including legal documentation and court appearances if necessary.
Legal Compliance
Regulatory Adherence: Ensuring the property meets all local, state, and federal housing regulations.
○ Fair Housing Compliance: Following fair housing laws to prevent discrimination.
○ Safety Standards: Ensuring the property meets safety codes, such as smoke detectors and fire extinguishers.
Marketing and Advertising
Professional Photography: Taking high-quality photos to showcase the property.
Online Listings: Posting on real estate websites, social media, and local classifieds.
Open Houses: Organizing open house events to show the property to potential tenants.
Tenant Relations
Communication: Maintaining open lines of communication for tenant inquiries and concerns.
Conflict Resolution: Mediating disputes between tenants or between tenants and the management company.
Property Inspections
Move-In Inspections: Documenting the property's condition at the start of a lease.
Routine Inspections: Conducting regular inspections to ensure the property is being well-maintained.
Move-Out Inspections: Assessing the property for damages at the end of a lease and determining deposit returns.
