Property Management
Thank you for your interest in Stella Leigh Realty, Inc.
By choosing our brokerage you can rest assured you have chosen a qualified and professional management company and at one of the most competitive rates in San Diego County. We offer a variety of property management services to increase your rental revenue and offer the freedom of peace of mind.
As a full-service property management firm we handle everything from rent collection, maintenance issues, and securing excellent residents at market or above rent. Bottom line, we deal with the headaches so you don’t have to. From annual property inspections, to a 24-emergency maintenance line, we’re there for your properties 24 hours a day, 7 days a week.
Our goal at Stella Leigh is to establish and nurture the financial success of your property while liberating you from the day-to-day burdens that come along with property management.
You will find that Stella Leigh stays up to date with the latest state of the art technology and consistently updates our management services to meet the demands of the marketplace and offer the latest technologies in property management software. Hiring a property manager allows you the ability to reap the rewards of ownership without the management hassles.
We manage your property.
you live your best life.
WHY STELLA LEIGH?
All Inclusive
Stella Leigh Realty offers full-service management, starting from pre-qualification of prospective residents, to advertising, to paying vendors, mortgage, insurance etc.
Simplistic
All you have to do is review your monthly statement and receive direct deposit of your rental income. Leave the rest to us.
Cost Effective
Stella Leigh Realty charges an extremely competitive, all-inclusive 7-10% management fee depending on your property (ies).
Guaranteed
We do not get paid until your property is leased. Our goal is to get everyone paid as expeditiously as possible.
Marketing
We create a proprietary web presence for your rental property by placing your home on 40+ real estate sites including all of the most highly trafficked sites in the state of CA. Additionally, we advertise with our eye-catching real estate signs and our sphere of influence in the marketplace. We take professional photos to showcase your property online at its utmost potential.
We choose a rental price strategically to get you the most money in your pocket in the shortest amount of time. We also GUARANTEE an open line of communication during the listing period with regular updates on property showings, prospects, credit checks and income requirements, lease agreement signed, and a copy sent to you.
Our strategic marketing program results in expeditiously leasing your home at market or above rent to qualified residents in approximately three weeks or less.
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Main Takeaways;
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Your home is aggressively marketed on every highly trafficked real estate website that exists.
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Showings are scheduled 7 days a week after prospects meet our qualification parameters.
Tenant Screening
We settle for nothing less than the best possible residents in your home. Our extensive screening procedure for applicants mitigates your risk of a potential resident who will have a problem making their rent payment.
Prospective resident screening includes running credit check(s), verifying employment, income and previous rental history to ensure they have been good residents in the past. We know that past performance is the best predictor of future performance. We run credit reports on all applicants age 18 years or older to search for prior landlord debt/any eviction history. We verify driver’s licenses, pay stubs as well as contact prior landlords. As a management company, we assist at the highest level by mitigating the risk of having a problem tenant. Finding a great resident to live in your investment is one of the many important things we do.
Management
Once a tenant is secured we execute a rental agreement and ensure it is enforced. We handle all tenant relations so you don’t have to. We send rental increases when appropriate to the market, offer lease renewals, collect the rent, pay all bills you wish including property taxes, HOA fees, insurance premiums and home warranties. We terminate tenancy when appropriate, issue 24 hour notices to enter and issue rule violations all while following the most up to date Fair Housing guidelines and abiding by all California state laws.
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We ensure our residents are well taken care of and their issues are addressed promptly while at the same time keeping you updated along the way. We specialize in mitigating your liability and securing the best resident(s) possible. Our style of communication is your style of communication. Prefer us not to bother you with an update that a toilet flapper needed to be replaced? You got it. Prefer we update you on every maintenance item that arises with updates on repair status? That’s how we’ll do it. Prefer text over email? No problem. Prefer a phone call? Done.
Additional Management Duties we Handle with Expertise and Care
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Preventative maintenance (yearly inspections, drive-bys)
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Vacancy preparation
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Scheduling and supervision of maintenance work performed
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24 hour emergency maintenance line
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Market analysis 60 days prior to lease expiration
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Full accounting services include analyzation of cash flow, monthly bank reconciliations, owner disbursement directly to your bank account
Specialty Services
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Restoration of distressed investment purchases
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Mold Remediation
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Budgeting and supervision of small to large property renovations
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** The above services are available pertaining to the needs of the individual property. As a property owner, you may customize your need for services. Fees will vary due to the difference in the scope of work.
We work hard to protect your investment at the highest level. We can help you maximize your return while minimizing your headaches.
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When you are ready to live a more hassle-free life, contact us anytime. We look forward to discussing your property.
Preparation for Rent Ready Status
Is it overwhelming to think about what needs to be done before you put your home on the rental market?
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If your home is not in “rent ready” status we can assist with prepping your home for lease using our team of preferred vendors (without paying retail) to help you achieve the highest rent possible in the fastest time period. For some this may mean a fresh coat of paint, full cleaning and a new refrigerator. For others, it may entail refacing current cabinets with specialty paint and new hardware or replacing a sea of carpet with laminate flooring. Keep in mind, whether the property will be a long term rental, eventually be sold or be the home you return to, making small upgrades always pays off.
Maintenance
Stella Leigh Realty maintains strong relationships with a preferred list of vendors who offers us discounted pricing which we extend to all of our clients. We do not allow our clients to pay full price and if we need to replace a water heater, refrigerator, hire a new landscaper or complete a full house paint etc. we commit to three quotes to ensure you achieve high quality results at cost effective rates. We ensure maintenance is not deferred, maintenance is resolved promptly, and conduct yearly inspections to ensure the property is being maintained and carbon/smoke detectors are in place to code.
We cover a maintenance checklist prior to all tenant move ins, complete monthly drive by’s and carefully complete move-in and move-out inspection reports. We provide outstanding service to both our owners and our residents.
Accounting
We provide monthly financial statements which are emailed and posted to your owner web portal at the same time monthly. The monthly statement includes all account activity and copies of invoices for any bills paid on your behalf. Every year you receive a 12 month CASH FLOW STATEMENT with monthly breakdowns of income, expenses etc. for tax purposes and to coincide with your 1099.
If you or your CPA needs any clarification you can reach us anytime. Each owner report can be customized specifically to your needs, so you have visibility of exactly what you want to see.
Leasing Only
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We advertise on 40+ real estate sites, all social media platforms, real estate signage, professional flyers etc.
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If the home is not in “rent ready” status we can assist getting the home ready for professional photos, showings etc. We ensure your product is the most attractive as possible to prospective renters
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Show property to prospective tenants after they are pre-qualified. Tenants must meet FICO requirements, verification of income, and previous landlord checks
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We get your new qualified tenant on a CA state lease agreement with your information meeting all the latest requirements in addition to collecting the security deposit.
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After collecting our fee, we direct deposit the balance to your bank account and an email of your complete owner statement covering line item by line item
