Opal Estate Management

LET US MANAGE YOUR RENTAL PROPERTY.

At Opal Estate Management we believe in being proactive in providing the most efficient, responsive, and transparent service. We call it "Managing to a Higher Standard".

As a fully licensed property management company we provide a comprehensive list of services in the leasing and ongoing management of your property. 

Leasing services

• Pre-inspect property for readiness and compliance for renting 
• Coordinate/manage vendors to address readiness issues before renting (if needed) 
• Professional photography 
• Virtual staging (if needed) 
• Advertising across major websites (e.g., Zillow, Trulia) 
• Prequalify prospective applicants 
• Conduct showings by appointment only, with prequalified prospective applicants 
• Onboard applicable maintenance contractors (e.g., gardener, pool person) 
• Online application processing 
• Transunion credit and background checks on successful applicants 
• Applicant verification (e.g. employer confirmation, previous landlords’ reference-if applicable, paystubs, bank statements) 
• Owner online portal set-up (for monitoring management 24/7) 
• Resident online portal setup (for automatic rent payments and security deposits, making maintenance requests)  
• FDIC insured account set-up at Wells Fargo Bank (where all funds are deposited and disbursed from) 
• Negotiation, preparation, and execution of online lease 
• Cleaning of property prior move-in 
• Collection and filing of resident lease required insurance documents (ensure required liability coverage) 
• Detailed move-in inspection with photo’s 
• Follow-up with tenants 2 days and 7 days after move-in (see if any issues/problems) 
• Resident gift at move-in 

Ongoing management services

• Monthly rent collection via direct deposit 
• Monthly payments/disbursements of funds to applicable parties (e.g., gardener, owner etc.)  
• Development and distribution of detailed monthly financial statements (income and expenses) 
• Yearend detailed tax statement and 1099 
• Proactive routine property inspections with photos 
• Scheduling, coordinating the completion of necessary maintenance and repairs  
• Management of subcontracted vendors (e.g., gardener) 
• Communications with residents and owners on status of repairs/maintenance 
• Resident holiday greetings and reminders 
• Resident notices to perform (if required) 
• Move-out inspection with photos 
• Disbursements of security deposits 
• Yearend market and property review with owner (discuss rental market and performance of investment) 
• Collection and escort of owner from any Los Angeles location to view their property