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Overview
Let us manage your Santa Monica Rental Property
Owning a residential rental property can be a lucrative investment, but can also come with headaches and worries. Find a skilled Santa Monica residential property manager to help save you time and money.
The Power Is in the Process.
PMI Santa Monica residential property managers follow a proven process throughout the rental cycle, maximizing everything from marketability to rental price. And if there’s any maintenance required, we’ve got you covered. Our licensed and insured vendors will take care of it. Trust the power of the process and enjoy the peace of mind a good property manager provides.
- Ready
- Select
- Protect
- Renew
Get In Touch With Us
Fill out the form below and we will be in touch. Want immediate help? Call us at 323.342.5479 .
Step 1: Ready
With over $5 billion of assets under management, PMI Santa Monica is the expert in residential property management. During the Ready process, we thoroughly analyze and inspect your property, making recommendations and repairs for ideal marketability. From there, we gather professional property photos, display the needed signage, and engage the use of lock boxes to maximize showings. Once that is set up, we advertise on the PMI Santa Monica Syndicated Network, both locally and nationally.
Property Walkthrough
- Professional-quality photography
- Detailed property description intake
- Secure property access
Exclusive PMI Santa Monica Listing Network
- Live listings on dozens of credible websites
- Personalized and enticing listings
- Broad and effective advertising
Maximize Your Revenue
- Thorough assessment and pricing based on sophisticated data
- Property improvement recommendations to increase profitability
- Exceptional maintenance and protection plan for the property
Step 2: Select
Once the property is ready, we Select a qualified tenant following Fair Housing law to lease your property. We start this step with a professional showing system that includes self-showing and 24/7 online access backed by a driver’s license and credit card requirement. Applicants will then go through our advanced screening process, which uses industry-best technology to screen each applicant properly. At PMI Santa Monica, we never lose sight of getting the lease signed and the property occupied.
Showings
- Professional showing system
- In-person or self-showings for pre-screened prospective residents
- Safe and reliable walkthroughs
Screenings and Approvals
- Advanced tenant screening to minimize risk while maximizing occupancy and rental revenue
- Approvals comply with fair housing, credit reporting, and privacy requirements
Lease Signing
- Electronic leasing process for faster lease signings and tenant move-ins
Benefits
- Faster property occupancy
- Reduced risk of identification scams
- Placement of highest qualified tenants
Step 3: Protect
PMI Santa Monica will Protect your investment into the future by managing your property through industry-leading accounting, maintenance, and communication. We ensure on-time rent collection and promise to manage a property as if it’s our own. Property owners can rest assured knowing they will get their funds by the 10th working day of each month. They also receive expense reports and a monthly accounting statement, along with tax statements. If any maintenance is required, we’ve got you covered. Our licensed and insured vendors will take care of it.
Manage Lease Terms
- On-time rent collection
- Properties managed like they’re our own
- Tenant compliance support
Accounting
- Fast delivery of owner funds
- Copies of all expense receipts
- Accurate real-time statements
- End-of-year statement and 1099 tax reporting
Property Maintenance
- Pre-tenant move-in review
- Annual or semi-annual property review
- Final walkthrough
Step 4: Renew
The result of Ready, Select, Protect is a quality tenant who will Renew their lease and enhance the return on your investment. The renewal process starts 90 days in advance. We analyze the tenant’s payment performance, assess the property’s condition and conduct a market analysis (for any updates on the rental price).
Results and Improvements Review
- 60-day advanced renewal process
- Tenant payment performance analysis
- Property reviews assessment
- Comparable-based market analysis
New Lease and New Tenant Support
- 60-day advanced marketing
- Property set up for renting
Are You Maximizing the Return on Your Rental Investment?
Enter your info and receive a free report about your property and neighborhood!
Receive Your Free Report
Shortly after submitting your information, you’ll receive a personalized property analysis report evaluating your home with a suggested rent range and market data.
Expert Evaluation
The property’s location, condition, and amenities will determine the actual rental value of your home. To get the most accurate value possible, please speak with one of our market analysis experts.
As Your Santa Monica Property Manager, We Do More Than Find Great Tenants.
Property Marketing
We work to quickly find the right tenant for your property and use our proven marketing methods to attract high-quality applicants.
Learn MoreTenant Screening
Every application undergoes careful screening, with background and financial checks designed to keep your interests protected.
Learn MoreRent Collection
Getting your rent payment on time shouldn’t be a guessing game. We handle all billing, and work to get your money to you on time.
Learn MoreProperty Maintenance
We know how to keep your property in optimal condition. We handle all maintenance requests and coordinate needed repairs for you.
Learn MoreAccounting and Financial Reporting
PMI Santa Monica provides accurate worry-free accounting to owners with monthly reports and any-time access to our reporting dashboard.
Learn MoreEvictions
If a tenant relationship ever takes a turn for the worse, we can process the eviction for you and minimize its impact on your bottom line.
Learn MoreProperty Inspections
Our regular in-person inspections allow us to identify potential problems in advance and keep your home healthy.
Learn MoreLegal Compliance
We monitor the laws and insurance regulations that impact your property and work to ensure that your property is legally compliant.
Learn MoreHow much rent can you get for your investment? Find out now!
free rental analysisRest Easy Knowing Your Rental Is Protected.
Eviction
If a screened tenant placed by PMI Santa Monica ever has to be evicted, we handle the eviction process, including the costs or fees associated with eviction, up to $2,000.
Learn MoreOn-Time Rent
When a tenant pays rent on time, we promise to have your owner’s payment in your account within ten business days. If not, we will give you back that month’s management fee.
Learn MoreHappiness
If, for any reason, you are not completely happy with our services and want to leave us, you may cancel your property management agreement without penalty with 30 days notice.
Learn MorePet
Most property owners are unaware of the benefits of having a pet-friendly property and that their real estate investment can become more valuable when tenants are permitted to bring pets.
Learn MoreResults
We don’t get paid until you get paid. With PMI Santa Monica, you will have peace of mind, knowing that we are working hard for you, and you will not need to pay us until you get results.
Learn MoreLeasing
You should never have to pay twice for us to find a new tenant for your property. Our leasing guarantee states that we will find a new tenant for free if a tenant does not fulfill at least nine months of a lease term.
Learn MoreWe believe in the best customer experience possible and guarantee our results! Let us show you the difference PMI Santa Monica can make. Schedule A Consult
Investing In Santa Monica Rental Properties
Santa Monica, located in the beautiful state of California, is a vibrant coastal city that offers a plethora of exciting attractions and experiences. One of its main highlights is the stunning Santa Monica Beach, a picturesque stretch of sandy shores that invites visitors to relax, soak up the sun, and enjoy the refreshing ocean breeze. Whether you're taking a leisurely stroll along the iconic Santa Monica Pier or engaging in water activities like swimming or surfing, the beach offers endless opportunities for fun and rejuvenation.
Aside from its natural beauty, Santa Monica boasts a lively and diverse culture. The city is home to the renowned Third Street Promenade, an outdoor pedestrian-only shopping district that features a wide array of boutiques, restaurants, and entertainment options. It's a perfect place to indulge in some retail therapy, savor delicious cuisine, or catch a live performance. Additionally, Santa Monica hosts numerous cultural events and festivals throughout the year, showcasing art, music, and local talent, creating a vibrant and vibrant atmosphere for residents and visitors alike.
Another fantastic aspect of Santa Monica is its commitment to sustainability and outdoor activities. The city has an extensive network of bike paths and lanes, making it a haven for cyclists. Whether you rent a bike or bring your own, exploring Santa Monica on two wheels allows you to experience its stunning coastal views, visit charming neighborhoods, and discover hidden gems. Moreover, Santa Monica is home to the iconic Santa Monica Mountains, offering breathtaking hiking trails and scenic vistas that nature enthusiasts will surely appreciate.
Areas We Serve
Don’t see your neighborhood? These are just a few cities and communities we offer management services to. Contact us if you don’t see yours; we are always looking to expand!