Hollywood Property Management

Let Us Manage Your Rental Property

Competent property management is critical to the success of your real estate investment. Mayfair Property Management, LLC offers a full range of third-party property management services. Contact us today for more details and pricing.

Benefits of using Mayfair Property Management, LLC

• Accounting and bookkeeping functions along with producing monthly financial reports on cash or accrual basis. Includes monitoring and monthly reconciliation of all accounts. Bank accounts are never co-mingled with any other client accounts and are placed at the institution of the client’s choice.
• Supply monthly financial statements, typically by the 20th day of the following month along with a complete accounts payable listing, owner statement, property statement, and general ledger.
• Prepare budget comparisons and projections as requested.
• If requested, invest excess cash for maximum return from excess operating funds.
• Maintain a defined purchase order system along with an approved system of comparing and approving payables.
• Review and update insurance coverage, put out to bid as needed and make recommendations on beneficial changes.
• Maintain a procedure for the collection of past due receivables and supervise any litigation as directed.
• Appear on behalf of the property in court or any other situation requiring an appearance by a responsible party.
• Prepare specifications and detail for bidding of major maintenance and repair work. Monitor and supervise all work performed by outside contractors after approval is granted.
• Maintain a work request system for both in-unit and common area repairs. Establish and utilize a billing system for such repairs.
• Perform frequent inspections of the property and discuss items noted during those inspections.
• Formulate policies to facilitate proper owner/resident/tenant relations and be readily accessible to all.
• Provide emergency service request system.
• Market and lease vacant units.
• Negotiate lease renewals
• Provide owner with 24/7 online portal access to view management reports, work orders outstanding, maintenance requests, and more.
• Provide online payment and maintenance request options to residents.
• Implement a minimum renter's insurance policy requirement for all incoming residents.

What we do as your Hollywood property manager:

• Fill vacancies
• Advertise your rental
• Handle tenant inquiries
• Background and credit investigations
• Application processing
• Lease signing
• Full service repair
• Rent collection
• Accounting
• Coordinate Evictions