ELEAVA Property Management

Four Main Reasons Why LJW Just Makes More Sense For Real Estate Investors


I. LJW Fills Vacancies TWICE as FAST and for Less than HALF the Normal Cost


1) We Fill Vacancies Twice as Fast as Most. Most property management compan...ies average 6-8 weeks to fill a vacancy. Ours is 3-4 weeks, or about half the time than the average. If you have a property you're trying to rent for $1000/month, and you have to wait an extra month to get it rented, you've just realized an opportunity cost of $1000. Using LJW to cut the vacancy time in half just makes more sense.

2) Don't Worry About Marketing Expenses - This One is On Us. Our Marketing department posts your vacancy multiple times per week on several proven listing boards to ensure your property is getting the exposure it deserves. Some of these listing boards are free, some are subscription based, and cost us money. But we cover all the marketing costs here for you for FREE.*

3) We Focus Our Efforts on Getting Your Place Rented to The Right Person Fast. Our Sales department follows up with the hundreds of emails and calls we get each day and schedules appointments for our leasing agents to visit your property with the prospective tenants. Again, we usually show your property multiple times before we find a suitable tenant.

4) Stop Paying Outrageous Finders Fees. Rather than spending a full month's rent (for example, $1000) to get each of your vacant properties rented, LJW only charges a modest one-time comission of $300 or 36% of the first month's rent, whichever is greater for a 6 month minimum including mgmt services. If you're looking for just a tenant, and no additional management services, our finders fee is a modest $300 or 36% of the first month's rent, whichever is greater. In addition, you don't have to worry about coming up with the cash yourself, we deduct it strait from the tenant's rent before passing the income on to you.

II. LJW Has Less Evictions than Most Property Management Companies

1) We rarely accept less than a full month's rent for security deposits from our tenants. No $99.00 "move-in specials" here. Requiring a heavier security deposit ensures that the number of tenants we evict is much lower.

2) We Do Multiple Background Checks. We look at the prospective tenants credit history, criminal history, prior evictions, employment and income. In the event the prospective tenant brings more risk to the table, we bump up the rent accordingly to offset the risk. Getting quality tenants is the secret to eliminating the costly ordeal of evictions and damages.

3) We Show Your Property Multiple Times to Find the Right Tenant. Again, we tend to be choosy. On average, we show your property 6 times before we find a suitable, qualified tenant. Being more selective in choosing a tenant makes managing the property and tenant relationship much easier in the long run.

4) We're swift to proceed with evictions in the event a tenant is late on rent. When and if a tenant is late on rent, we immediately proceed with 5-day notices and involve our attorney's from beginning to end, to ensure the fastest possible removal of the non-paying tenant. We do not negotiate rent and have a very strict no-pay no-stay policy.


III. Having LJW on Your Team Means Lower Maintenance Costs

1) Avoid Conflicts of Interest. Maintenance is handled by outside contractors, NOT employees of LJW. Unlike most property management companies, LJW employs independent contractors to handle all your property's maintenance emergencies. This alleviates the conflict of interest inherit in having on-staff employees working on your property. LJW acts as an independent third party, acting on behalf of the owner to insure work done on the property is done correct and only on an as-needed basis.

2) Experience Counts. Because we’ve worked with over 40 different contractors, from roofers to painters, to AC-repairmen and plumbers, we know which contractors offer the lowest prices for the best quality of work. Our experience with several different vendors provides security in knowing that you’ll be getting the best work possible for the given situation. In addition, the vendors we select are all licensed, bonded, and insured.

3) Economies of Scale Means Lower Costs. Because we use several of these maintenance contractors on a regular basis, we're able to get bulk-rate discounts. Having LJW on your team usually means you're paying less than 1/3 what you would normally pay if you were calling a contractor yourself straight from the yellow pages.

4) We Strive to Work Within Your Budget. We typically create a budget with you to help offset those unexpected maintenance expenses. Typically, you'll want to budget at least one-percent (1%) of the property's value per year towards upkeep and emergency repairs, or 1.5 - 2% if it's a multi unit complex.


IV. LJW Offers Property Owners the BEST Overall Package - Guaranteed

1) Property Management is Our ONLY Focus. Most so called "property management" companies are really just an extention of a real estate company. Property management for most is not their primary focus. At LJW property management is our primary and first focus. We're so committed to our focus on property management, that we refer many of the buying and selling of properties into the hands of other real estate agents. We do what we do best, and let the buying and selling realtor agents do what they do best.

2) Greater Transparency and Efficient, Easy-to-Read Monthly Reports
We send your monthly reports out on the 12th of each month, along with your rental income check. Our services allow you to sit back, relax, and let us handle the dirty work while you collect your monthly income checks along with your monthly financial statement.

However, another great and powerful feature of our services is we provide you access to your account online. Now you can actually see what's going on with your property, anytime you like. Check out work orders pending, new tenant leads, rent roll reports, tenant information, expense detail reports or any of the other 50-plus reports available to you at any time simply by logging into your LJW account online.

3) Think You Found a Better Program than LJW? If you find a better offer from another property management company, show us the details of the agreement and we will beat their offer. Our promise is that you will not find a better overall deal, anywhere, guaranteed.



*If you wish to have additional advertising done in the newspaper, or yard signage, we can provide a discount off the normal rate with our bulk-rate pricing. However, LJW does not typically pay for ineffective mediums such as the MLS, (which is primarily used by Realtors for buying/selling and traditionally doesn't provide many prospective tenant leads) or newspaper ads (which provides little information on the property). We occassionally run promotions that include 2 yard signs, one on the property and another at a nearby intersection. We also advertise heavily on various webpages, updating the listings weekly if not several times a week. Any additional advertising would be furnished by the investor-owner, not LJW.

**Offer valid for limited time only. Investor must still fund account with reserves in the event of a maintenance emergency. The minimum reserve is $300 per property, or $150 per property unit on a multi-unit property. If you have more than 10 properties, ask us about discounts available on the operating reserves. Most of our investors place between $400-$600 in their emergency reserve account. Read More