Legends Property Management

01/08/2021

Prospective tenants should understand that management companies typically get dozens of inquiries per day about vacant properties and follow a procedure to handle the large number of inquiries. If you follow this procedure and make things easy you're much more likely to be selected. Making things difficult or contentious in the first few communications is not going to help.

06/25/2019

https://www.bloomberg.com/opinion/articles/2018-01-18/yup-rent-control-does-more-harm-than-good

Economists put the profession's conventional wisdom to the test, only to discover that it's correct.

12/24/2018

May this Christmas season bring you joy and peace!

04/25/2018

https://www.corelogic.com/news/corelogic-reports-us-single-family-rent-prices-increased-2.8-percent-year-over-year-in-january-2018.aspx

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index, which analyzes single-family rent price changes nationally and among 20 metropolitan areas.

04/18/2018

Vendors & Contractors. Reputations will improve with increased communication. Some of the best vendors on our roster now primarily use text and email to communicate. One in particular texts pictures and video of the problem, the job before and after. Emails the invoice. His invoicing program automatically send an update when payment has been received, etc. Amazing communication from beginning to end. Software is available now to help with all this and can drastically improve your business and the service you provide to your clients!

10/27/2017

Unfortunately we had to be in court for an unlawful detainer
(eviction) yesterday. We were able to come to an excellent settlement for our client with the assistance of our landlord/tenant attorney, which also included not having an eviction on the tenant(s) record if they comply with the terms. Good advice to tenants is don't ignore 3-day notices. Communication is key. We've had less than one eviction per year managing 300+ tenants because we attempt to resolve issues between owners and tenants. The majority of the evictions were tenants we inherited from the owners prior to retaining our brokerage to manage their property. The only instances we haven't been able to resolve were those that involved a lack of communications by the tenants.

05/26/2017

Tenants just purchased a home freeing up a popular Brentwood model home for lease. Quiet culdesac location. It won't last long. http://www.legendspropertymanagement.com/rentals.html?uid=176717841

05/26/2017

Quick note to vendors out there. We will never do business with anyone who contacts us via links we provide to prospective clients or tenants. An inappropriate way to contact us. Quick delete every time. Put a little more effort into figuring out the best way to earn our business.

06/29/2016

When you're applying to rent or lease a property the first impression is very important. Following the instructions given is very important. Being honest is very important. Management companies follow specific procedures in order to streamline things, not to make your life more difficult. It's currently a landlords market and the norm is that multiple parties, three to five, are applying for a given listing so the prospective tenants who follow instructions and quickly get the landlord or property manager what they ask for are far more likely to be considered than the ones who balk or tell us our policies are "stupid" (great first impression on that one) are far more likely to go to the bottom of the list.

08/11/2015

Prospective tenants should be reminded of the old adage, "If it sounds too good to be true, it probably is." There are scammers who scour the internet looking for properties. The re-list the property themselves at a greatly reduced rate, e.g. If the house normally rents for $2000 per month they'll list it for $1200, then ask you to send the security deposit to another country, usually Africa, because they're a missionary. They'll ask for it to be send on a preloaded credit card or via Western Union (not easily traceable and doesn't violate postal laws) and as soon as they receive it they'll mail you the keys. Receiving the keys never happens and you've just "donated" $1200 to someone who doesn't like to work. Only slightly worse than having the government take it out of your check right? Be careful. Make sure you're dealing with an actual, licensed real estate company. Real companies will normally ask for a check or credit card to run the initial credit and background check and a cashier's check that you drop off at the office for the first payment.