LAGUNA WOODS VILLAGE


Maximize performance

of your laguna WOODS VILLAGE rental, with our help.

The Heflin Family has been involved in Laguna Woods Village Real Estate for over 44 years. During the years we have helped thousands of clients Buy, Sell and Lease properties in Laguna Woods Village. 


Brent Heflin now offers Property Management Services in Laguna Woods Village and because of our long history with Laguna Woods Village, we know how to navigate the unique intricacies of doing business in Laguna Woods Village. 


We work well with Village Management Services, Inc. (VMS), Laguna Woods Village’s Management Company and we have a good relationship with other Real Estate Professionals that work in Laguna Woods Village, so we get vacancies filled fast with qualified applicants.


WE HAVE TWO MANAGEMENT OPTIONS FOR LAGUNA WOODS VILLAGE: 

  • FULL PROPERTY MANAGEMENT
  • PREMIER LEASING

FULL SERVICE PROPERTY MANAGEMENT

FULL PROPERTY MANAGEMENT COST:

  1. 7% OF THE GROSS MONTHLY RENT COLLECTED, starting the second month of the tenancy. For monthly rents under $2,075.00, there is a $145.00 monthly minimum.
  2. A $500.00 LEASING fee is charged to place a new tenant in the property upon a vacancY. This tenant placement fee is paid out of the first month’s rent collected from the tenant.
  3. It is recommended, but not mandatory, that an additional $500.00 is paid if the new tenant is represented by An MLS affiliated Agent.


Most new tenants placed in units we manage are found and handled in-

house by our staff of Leasing Professionals.

 

To bring the maximum visibility of the property upon a vacancy, all properties are listed on the MLS, in addition to other sites like Realtor.com, Zillow.com and many additional internet sites!

 

Our goal is to fill vacancies with the most qualified tenant as soon as possible to keep your monthly rental income as stable as possible.


What We Do:

Financial Management
  • We use AppFolio internet-based property management software with owner and tenant portals for easy payments, communication, and transfer of documents.
  • Monthly rents are collected and deposited into an insured Trust Account.
  • Late rent fees are posted and collected.
  • Recurring and non-recurring monthly property bills are paid.
  • Timely direct deposit of monthly owner payments.
  • Monthly and Year End property accounting reports.
  • Year End tax reporting.
  • The Owner Portal keeps all financial reports, including copies of invoices paid, documents and inspection reports in one place for easy retrieval.
  • Maintenance of optimal market rental rates.
  • We ensure that all Federal and State regulations are followed.
Maintenance
  • Maintenance coordination and supervision of repairs
  • Handle after hours and weekend emergency maintenance issues.
  • Perform semi-annually exterior inspections and yearly interior inspections of properties with reports back to the owner of needed repairs and the property’s current condition.
  • Bid repairs, provide access and oversight for vendors, contractors, and designees of the owner.
  • Upon move-out, prepare property to a Rent Ready condition.
Tenant Relations
  • A pre move-in inspection is completed with tenant and a written report completed.
  • Tenant repair and maintenance requests are handled.
  • Tenant questions are answered, and complaints resolved.
  • Detailed notes on all tenant communications are keep.
  • Late payers and lease violations are handled, and notices posted if necessary.
  • Roommate changes are handled.
  • A move-out inspection is completed with the tenant.
Marketing of Vacancies
Tenant Screening
  • Applicants apply online through our website
  • Application review
  • Verification of identity
  • Credit and background reports including pass eviction and criminal search.
  • Verification of employment and income
  • Pass landlord references are verified.
  • We use California Association of Realtors current Lease Agreements and Disclosures.

Premier Leasing

Cost:

YEAR LEASE - 6% OF THE FIRST YEAR’S LEASE AMOUNT + $500.00

SHORT TERM LEASE – 15% OF THE TOTAL RENT FOR THE LEASE TERM

MONTH to MONTH – ONE HALF OF A MONTH’S RENT

What We Do:

  • Pre-market inspection with report of recommended Rent Ready needed maintenance and repairs.
  • Coordination and supervision of pre-market Rent Ready repairs.
  • Professional photographs of property.
  • Create a Video Tour or 3D Virtual Tour of the property.
  • Publish property on the top internet rental sites.
  • Publish property on MLS (Multiple Listing Service), we fully cooperate with other brokers and agents.
  • Handle all incoming phone calls, emails, or texts from prospective tenants.
  • Schedule live showings with qualified interested prospective tenants
  • Provide owners with weekly activity report.
  • Prospective tenant screening including review of application, verification of ID, credit and background reports, verification of income and references with pass landlords are verified.
  • A current CAR (California Association of Realtors) Lease Agreement and Disclosures are completed and signed by all parties.
  • The proper Laguna Woods Village Leasing Documents are completed and after the signing is completed by all parties, delivered to the VMS Leasing Department for processing and approval by the Mutual Board of Directors.
  • All lease documents can be signed through DocuSign. 
  • Certified Move-in funds are collected and deposited into a Trust Account. Upon move-in, funds are sent out to the property owner minus the leasing fee and any agreed upon expenses.
  • A pre-move-in inspection is completed with the tenant and a move-in condition report completed.
  • We verify that tenant paid utilities are set up and Renters Insurance is in place.

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