Owner FAQs
As a trusted property management company in Los Angeles, we’re here to answer all your questions about managing your rental or investment property. From tenant screening and maintenance to understanding local regulations, we’ve got you covered. Our goal is to make property ownership as stress-free and rewarding as possible. Here are some some frequently asked questions by home owners in LA, you might find answer to your questions yet you have any other queries please feel free to contact us by submitting your questions and queries via contact form.
No. We handle all tenant communication, including leasing, rent collection, maintenance requests, and dispute resolution. Thus, property owners can remain entirely hands-off while we professionally manage the property.
Rental pricing is determined through a comprehensive market analysis, considering factors such as location, property condition, amenities, and current market trends. We conduct thorough evaluations to ensure a competitive rental rate that maximizes your return on investment.
The leasing timeline depends on market demand, property condition, pricing strategy, and location. With our extensive marketing efforts, most properties secure a qualified tenant within a few weeks. However, the timeframe may vary based on specific market conditions.
We coordinate all maintenance and repairs through a network of licensed and vetted vendors. Tenants submit maintenance requests through our designated platform, and we assess the issue before dispatching service providers. For major repairs, we obtain owner approval before proceeding, ensuring transparency and cost control.
Our management fees vary depending on the scope of services and property type. We offer competitive and transparent pricing with no hidden charges. Please contact us for a customized proposal tailored to your specific property management needs.
Yes, we specialize in managing properties for local, out-of-state, and international owners. Our comprehensive services ensure that your property is well-maintained and managed efficiently, regardless of your location.
If you wish to terminate your management agreement, you must provide written notice in accordance with the terms and conditions outlined in the contract. We will facilitate a smooth transition and assist with any necessary final procedures.
We provide 24/7 emergency support for urgent property-related issues. Outside business hours, owners can contact our emergency line for immediate assistance.
The property owner is responsible for structural repairs and major maintenance, while tenants are responsible for minor upkeep and damages caused by negligence. The lease agreement clearly outlines the responsibilities to ensure proper maintenance and accountability.
No, the tenant is responsible for paying the application fee, which covers credit, background, and rental history screenings.
Security deposit amounts typically range from one to two months’ rent, depending on state regulations and tenant risk factors. Skybridge Property Management Group holds security deposits in a designated trust or escrow account in compliance with California rental laws.
If a tenant fails to pay rent, we issue a Notice to Pay or Quit and initiate the legal eviction process in compliance with California law. We handle all aspects of court filings, legal notices, and tenant removal, ensuring minimal financial disruption for property owners.
No, management fees are only charged when the property is occupied. Our priority is to secure a qualified tenant as efficiently as possible to maximize your rental income.
No, you remain the legal owner and retain decision-making authority over key matters. We manage the day-to-day operations, but you must approve major decisions, lease terms, and significant repairs.
Our tenant screening process is designed to ensure that only qualified and reliable tenants are placed in your property. We conduct comprehensive credit and background checks, verify employment and income to confirm financial stability and review rental history to assess previous landlord relationships. Additionally, we check for eviction and criminal history to minimize potential risks. This thorough screening process helps secure responsible tenants who are more likely to fulfill lease obligations and maintain the property.
No, participation in the Section 8 Housing Choice Voucher Program is voluntary. However, property owners must comply with local fair housing laws, which may impact tenant selection criteria. If you choose to accept Section 8 tenants, the property must meet HUD requirements and pass the necessary inspections.
Yes, we are a fully licensed property management company. Our DRE License Number is 01962702.
Yes, we offer direct deposit for rental income. To set up automatic electronic payments, owners must complete a Direct Deposit Authorization Form.
Yes, property owners review and approve the lease agreement before it is presented to tenants. We ensure the lease terms align with legal requirements and owner preferences.
No, we specialize exclusively in property management, focusing on maximizing property value, tenant management, and maintenance oversight.
Rent is collected through our secure online tenant portal, which allows tenants to make payments via bank transfer, credit/debit card, or electronic funds transfer (EFT). Automated payment reminders ensure timely and consistent rent collection.
Lease terms typically range from 12 to 24 months, depending on market conditions, tenant demand, and owner preferences.
In compliance with California law, the maximum security deposit for an unfurnished rental is two months’ rent, while for a furnished rental, it is three months’ rent. The exact amount collected depends on tenant qualifications, rental price, and other risk factors.
We can begin immediately upon signing a management agreement. The process includes a property assessment, a lease review, and, if the unit is vacant, strategic marketing to secure a qualified tenant.
We specialize in the management of various property types, including:
Single-Family Homes: Whether you own a single-family residence or multiple properties, our management services are tailored to ensure optimal maintenance and tenant satisfaction.
Condominiums: Our expertise in handling the unique challenges associated with condominium management can benefit condominium owners. We strive to enhance the value and desirability of your condominium property.
Small Multi-Family Properties: If you own a small multi-family property, such as a duplex or triplex, we have the experience to efficiently manage the complexities of multiple units while maximizing your investment returns.
Our commitment is to provide comprehensive property management services, regardless of the property type. If you have specific questions about your property or if you are considering our services, feel free to contact us for personalized assistance.
Owners receive comprehensive monthly financial statements, periodic property inspection reports, and year-end tax summaries, ensuring full transparency on rental income, expenses, and property conditions. These reports provide valuable insights into the financial and operational performance of your investment.
We hold security deposits in a trust account in compliance with California rental laws. The deposit is returned at the end of the lease, minus any deductions for damages.
