email: Rentals1234@aol.com
 

Established in 1981, for 28 years, Cornerstone Property Management has specialized in the management of residential real estate.

We also offer complete brokerage services for our clients.

 
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When people call inquiring about Property Management, the questions we are usually asked are, "What do you do?"How much do you charge?"  "How long have you done this?"  "Do you manage the type of property I own?"

Getting right to the point, here are the answers.

What do you do?

We basically take on all of the functions of the landlord for your property. 

We will look at your property.  If it is vacant, or if it is still owner or tenant occupied,  we will make recommendations as to what needs to be done to make it rent ready, if anything is needed.  We will help establish a rental value.  Will will advertise it, show it to prospective tenants, screen the applications with credit checks, evictions checks, talk to current and past landlords, employers, perhaps drive by their current residence... In short, we will do everything we can to get a qualified tenant who will pay the rent and treat the property with respect.

(Your property will appear For Rent on several internet websites, plus our website.  In today's market, we feel an effective property management company must have a website.)   

After a tenant is approved, they will sign all paperwork and pay their move-in money to us.  We will continue to collect the rent and send you a monthly statement and check.

If the tenant has concerns, repair issues, rent issues, or whatever, while they are a tenant, they will contact us.  We we will keep you in the loop regarding any major issues, but you don't have to deal with the tenants directly. 

What if there are repairs?  We have contacts with maintenance people in all trades.  They are independent contractors.  We make no profit from their work.  If you have maintenance people you want us to use, or perhaps you want to do some types of maintenance yourself, we will do everything we can to make that work too.

What if your tenant doesn't pay the rent?  We have years of experience with the eviction process.  Often, with a new account, that's our first order of business because the owner currently has a tenant who needs to be evicted.  We will work on the process efficiently and expeditiously.

What if you already have a tenant?  We will inspect the property, meet the tenants, go over your paperwork, make recommendations, step in and take over.

How much do you charge?

Our fees vary with the type of property and, because we charge a percentage of the rent, it varies with the rent amount.

For most single family or small multiple unit properties we charge a vacancy fill fee to rent the property.  It is not paid up front by you, but we charge it out of the tenant's move-in money.  If you already have a tenant, we of course, do not charge this fee, nor do we have any "set-up" fee.

The percentage we charge on a monthly basis generally ranges from 5% to 8%, again it varies with the rent amount.  You will find other management companies charge as high as 10%.  Click on the link Management Fee for more details.

How long have you done this?

We began our business in 1981 working out of a tiny office in Pomona.  We soon moved to a larger office on Arrow Hwy in San Dimas.  In 1987 we purchased a building on Arrow Hwy in La Verne.  That is still our office.  The Arrow Hwy address has served us well.  It is a well known route running throughout much of the area that we manage property in.  All told, we have been in business for 27 years,  specializing in residential property management. 

Do you manage the type of property I own in the area I own it in?

We manage residential properties ranging from single family homes, condos, duplex, triplex or small multiple property buildings.  Our largest account was a 232 unit apartment complex, but our specialty is more the smaller properties.  We are located in La Verne.  To service your property properly we need it to be within a reasonable distance of our office, usually no more than a 1/2 hour drive.

We do manage many properties with HOA's, but we do not manage entire HOA complexes.

We generally do not manage commercial properties.  We do have a few where the owner also owns residential property that we manage.


This is a thumbnail.   You probably have questions.  Please call us at
909/596-9488 or email us at Rentals1234@aol.com and we would be glad to discuss your property.  In most cases, the best thing to do is to meet at your property.



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