Property Management – Canoga Park

CANOGA PARK PROPERTY MANAGEMENT

Landlords Are Throwing Away Money

If you’re like many landlords, you may have at least one tenant (maybe more) that left owing you money.

Chances are, it was a frustrating and upsetting experience. Their unpaid rent, damages and other monies owed are all listed in documents,gathering dust your file cabinet.

It may come as a surprise to you that many of these collection files that you have “written off” as uncollectible are actually worth money!

With the economic collapse that began in 2008, a lot of tenants lost jobs and the ability to pay rent. Subsequently, landlords got the short end of the stick since these tenants often left owing thousands of dollars in unpaid rent and other damages.

But as the tepid economy chugs forward, many of these ex-tenants now have new jobs and a reliable source of income. And now they have the ability to repay the money that is owed to you.

Don’t throw away money by leaving tenant debt sitting in your file cabinet.

The first thing to do is check with the laws of your particular state to determine the statute of limitations on the outstanding debts.

Some states have a short time frame (only a few years), but you may be surprised that many states have a longer time period where the debts remain valid. You also may be surprised that some tenants may be ready to clean up their bad credit and move on with their life.

Sometimes all it takes is a simple letter. That has the potential to be worth thousands of dollars to you.

AAOA Members can actually have debt collection letters sent from a reputable debt collection agency, direct to tenants, demanding payment of unpaid debts.

One of the great features of this service is that the tenant is instructed to pay YOU directly — and not the collection agency — so you keep 100% of every dollar that is collected.

To learn more about this service, visit Rent Recovery Service and look for Flat Fee Collection.

Since 1946 the Carnahan name has had a reputation for honest and ethical Real Estate Property Management services in the San Fernando Valley, Santa Clarita Valley, Burbank/Glendale, Los Angeles, Westside and Conejo Valley areas.

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

• Tenant placement
• Tenant screening (including: credit check, landlord and employment verification, social security trace report, California eviction check and criminal check)
• Regular property inspections
• Accounting and landlord bill payment
• Monthly financial reporting
• Maintenance service and supervision (we use only proven independent vendors)
• Collections
• Evictions
• We supply all the necessary forms to meet California’s Landlord/Tenant laws
• 24 hour emergency phone service
• Advertising to the broadest tenant base possible

Call or e-mail us today for more information. We’re ready to get started!

• Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.