
Based on looking at the website, Turnkeyrealpropertymanagement.com appears to be a legitimate property management service based in West Hills, CA, aiming to simplify property ownership through technology and a flat-rate fee model.
However, a strict review reveals some critical gaps and potential red flags regarding transparency and comprehensive information typically expected from a trusted, high-caliber service.
Here’s an overall review summary:
- Website Professionalism: Appears professional with clear navigation and an intuitive layout.
- Services Offered: Comprehensive, including residential and commercial property management, tenant placement, screening, rent collection, accounting, maintenance, and repairs.
- Transparency of Information: Lacks detailed pricing structures, explicit terms of service, and clear data on their “innovative technology.” The reported “Customer Satisfaction 0%” and “Units Managed 1,” “Move-In Inspections 1,” “Renovation Projects 1,” “Happy Clients 1” are glaring and concerning data points.
- Ethical Considerations: Property management itself is permissible. However, the lack of transparency, especially regarding performance metrics and financial details, raises concerns about potential gharar uncertainty in the service agreement if pricing is not clearly defined upfront. While they state a “one flat rate fee,” the actual amount or how it’s calculated isn’t immediately evident.
- Customer Support Accessibility: Provides a phone number and email address, along with social media links.
- Online Presence: Active on Facebook, LinkedIn, Instagram, Yelp, and YouTube.
- Regulatory Compliance: Mentions CA DRE
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
02140477, which is a positive sign for licensing.
- Overall Recommendation: While the service concept is sound, the significant lack of crucial data points on the homepage like actual satisfaction rates, units managed, etc. and the absence of clear pricing or a robust FAQ section make it difficult to fully endorse without further direct inquiry and due diligence. The “0% Customer Satisfaction” and “1” for all key metrics are particularly alarming and require immediate clarification.
Turn-Key Real Property Management positions itself as a disruptive force in the Los Angeles property management sector, promising an innovative, technology-driven approach to streamline landlord-tenant relationships.
They bundle various services for a flat fee, including management, repairs, maintenance, tenant placement, and even rent loss protection due to vacancies.
While the mission to refine communication, improve customer service, and save property owners up to 60% in costs is commendable, the website’s presentation of critical data points raises serious questions.
The displayed “Customer Satisfaction 0%” and “Units Managed 1,” “Move-In Inspections 1,” “Renovation Projects 1,” and “Happy Clients 1” are highly unusual and could indicate either placeholder data that wasn’t updated, or genuinely low/nascent activity.
For a service aiming to be trusted with valuable real estate assets, such figures are a significant deterrent.
Furthermore, the absence of clear pricing information or a detailed breakdown of what constitutes the “one flat rate fee” creates an element of uncertainty, which is generally to be avoided in ethical financial dealings.
Best Alternatives for Property Management Services:
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- Key Features: Comprehensive suite for residential, commercial, student housing, and community associations. Includes online rent collection, maintenance requests, accounting, marketing, and leasing tools. Offers advanced reporting and analytics.
- Average Price: Varies based on portfolio size, typically starting around $1.40/unit per month for residential, with minimum monthly fees.
- Pros: Highly scalable, robust features, excellent user interface, strong customer support, widely adopted by large and small firms.
- Cons: Can be more expensive for very small portfolios, a learning curve for new users, some advanced features might require higher-tier plans.
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- Key Features: All-in-one property management software covering residential, commercial, student housing, and associations. Features include property accounting, online payments, maintenance management, tenant screening, and lease management.
- Average Price: Plans start from around $50/month for a small number of units, scaling up with more properties.
- Pros: User-friendly, good for small to medium-sized portfolios, responsive customer support, strong accounting features, offers a mobile app.
- Cons: Some users report occasional glitches, tenant portal can be less intuitive than competitors, report customization can be limited.
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- Key Features: Designed for single-family property managers. Offers accounting, marketing, portal management, maintenance, tenant screening, and advanced analytics. Focuses on automation and efficiency for scattered portfolios.
- Average Price: Quote-based, generally starting around $1 per unit, with minimum monthly fees that can be higher than some competitors e.g., $250/month minimum.
- Pros: Excellent for large single-family portfolios, strong customization options, robust accounting, dedicated support.
- Cons: More expensive for smaller portfolios, can be complex to set up initially, user interface might feel dated to some.
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- Key Features: Highly customizable property management solution for various property types. Known for its robust accounting engine, integrated voice, text, and email communications, and open API for integrations.
- Average Price: Custom pricing based on specific needs and modules, generally higher than entry-level options.
- Pros: Extremely powerful and flexible, excellent for complex portfolios and custom workflows, strong reporting capabilities, good customer service.
- Cons: Steep learning curve, can be overwhelming for beginners, higher cost, requires more setup time.
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- Key Features: Simplified property management software from Yardi. Offers basic residential and commercial property management features like online rent payments, maintenance requests, and accounting, designed for ease of use.
- Average Price: Starting around $1 per unit for residential, with monthly minimums e.g., $100 for residential.
- Pros: User-friendly, good for small to medium portfolios, backed by Yardi’s extensive experience, intuitive interface, reliable.
- Cons: Less feature-rich than its enterprise counterpart Yardi Voyager, limited customization, some users desire more robust reporting.
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- Key Features: All-in-one property management software with features like tenant screening, online payments, maintenance management, accounting, CRM, and marketing. Aims for simplicity and comprehensive functionality.
- Average Price: Starts from around $49/month for the basic plan, scaling up with more units and features.
- Pros: Modern interface, comprehensive feature set for its price point, good customer support, easy to use, frequently updated.
- Cons: Relatively newer player compared to some established names, some features might be less mature, reporting can be simpler than enterprise solutions.
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- Key Features: Primarily focused on individual landlords. Offers free online rental applications, tenant screening paid by tenant, online rent collection, lease agreements, and maintenance tracking.
- Average Price: Many core features are free for landlords, with paid upgrades for premium services like expedited payouts or lease addendums.
- Pros: Excellent for single-property landlords, many free tools, user-friendly, simplifies tenant acquisition and management.
- Cons: Less comprehensive than full-suite property management software, not suitable for large portfolios, limited accounting features for complex needs.
Turnkeyrealpropertymanagement.com Review & First Look
Based on a thorough review of the Turnkeyrealpropertymanagement.com website, the platform aims to provide a comprehensive property management solution for landlords in Los Angeles.
The initial impression is that of a modern and user-friendly interface designed to attract property owners seeking to alleviate the burdens of property management.
They highlight an “innovative property management technology” as a core differentiator, promising to revolutionize the landlord-tenant experience.
Website Design and User Experience
The website boasts a clean, professional design that makes navigation straightforward.
Users can easily find sections on services, available properties, and contact information.
The use of clear headings and descriptive text helps convey the scope of their offerings.
- Intuitive Navigation: The main menu is well-organized, allowing visitors to quickly access key areas like “Services,” “About Us,” and “Available Properties.”
- Responsive Design: The site appears to be optimized for various devices, ensuring a consistent experience whether accessed from a desktop, tablet, or smartphone. This responsiveness is crucial for modern web platforms.
- Visual Appeal: The design incorporates modern aesthetics, with a good balance of text and imagery. This contributes to a positive user experience, making the site engaging and easy on the eyes.
Stated Value Proposition
Turn-Key Real Property Management’s central value proposition revolves around simplicity, cost savings, and peace of mind for property owners.
They assert that being a landlord “has never been so easy” by bundling a multitude of services into a single flat rate.
- Flat Rate Fee: This is a significant selling point, as it promises predictability in costs, covering management fees, repairs, maintenance, tenant placement, and even rent loss due to vacancies. This model could be attractive to landlords looking to avoid fluctuating or hidden fees.
- Cost Savings: The website claims their platform can save property owners up to 60% in costs. While this is a bold claim, it aims to address a major pain point for landlords, who often face high operational and maintenance expenses.
- Technology-Driven Approach: The emphasis on “innovative property management technology” suggests a move away from traditional, often manual, processes. This could imply efficiency gains, better communication, and more streamlined operations.
Initial Red Flags: Concerning Data Points
Despite the professional facade, some critical data points displayed directly on the homepage raise significant concerns and warrant close scrutiny.
These figures appear to be placeholders or indicate a very nascent stage of operation, which contradicts the impression of a robust, established service. Weberdavistreeservice.com Review
- “Customer Satisfaction 0%”: This figure is highly problematic. While it might be a temporary display error or placeholder, it fundamentally undermines trust. No reputable service would intentionally display a 0% satisfaction rate.
- Low Performance Metrics: The website shows “Units Managed 1,” “Move-In Inspections 1,” “Renovation Projects 1,” and “Happy Clients 1.” These numbers, if accurate, suggest an extremely limited operational history or a severe lack of scale. For a company claiming to “shake up the Los Angeles property management industry,” such low figures are puzzling and raise questions about their experience and capacity.
- Lack of Specifics on “Flat Rate Fee”: While a “flat rate fee” is advertised, the actual amount or the method of calculation is not disclosed on the homepage. This lack of transparency means potential clients cannot immediately assess the affordability or competitiveness of the service.
- Missing Trust Signals: Beyond the DRE license number, the website lacks readily verifiable trust signals like client testimonials beyond the singular “Happy Clients 1”, case studies, or detailed performance statistics that would validate their claims of efficiency and cost savings.
Turnkeyrealpropertymanagement.com Pros & Cons
When evaluating Turnkeyrealpropertymanagement.com, it’s important to weigh the potential advantages they present against the significant areas where the website falls short in terms of transparency and readily available information.
A comprehensive assessment requires looking at what they claim to offer versus what can be immediately verified.
Stated Advantages and Potential Benefits
Based on the website’s content, Turn-Key Real Property Management aims to offer several compelling benefits for property owners, particularly those seeking a hands-off approach to managing their investments.
These pros are primarily derived from their stated mission and service offerings.
- Comprehensive Service Bundle: The idea of a single flat rate covering a wide array of services—including management, repairs, maintenance, tenant placement, and rent loss protection—is highly attractive.
- Simplified Budgeting: A flat fee can eliminate unpredictable expenses, allowing landlords to budget more effectively. This contrasts sharply with traditional models where various fees can quickly accumulate.
- Reduced Administrative Burden: With services like tenant screening, rent collection, and accounting handled, landlords can save significant time and effort that would otherwise be spent on administrative tasks.
- Focus on Preventative Maintenance: The website highlights proactive monitoring and multi-yearly inspections to predict and prevent future damages.
- Long-Term Property Value: Preventative maintenance can extend the lifespan of property components, potentially reducing major repair costs in the long run and preserving property value.
- Tenant Satisfaction: Well-maintained properties generally lead to happier tenants, which can result in longer tenancies and fewer disputes.
- Technology-Driven Approach: The emphasis on innovative technology suggests a streamlined, efficient process.
- Online Portals: The mention of a “Securely online portal for easy tenant log access and payments” indicates a modern approach to rent collection and communication, enhancing convenience for both landlords and tenants.
- Improved Communication: Technology can facilitate quicker responses to maintenance requests and clearer financial reporting, refining the overall landlord-tenant relationship as per their mission.
- In-House Licensed Technicians for Repairs: Having their own professional, licensed technicians for repairs can offer several advantages.
- Faster Response Times: Direct control over technicians might lead to quicker resolution of repair issues compared to outsourcing.
- Quality Control: In-house teams might adhere to higher standards of quality and accountability.
- Cost Efficiency: Potentially lower costs for repairs due to bulk work or direct employment rather than third-party markups.
- Specialization in Los Angeles: By focusing on the Los Angeles market, they might possess deeper local knowledge and connections.
- Market Insight: Better understanding of local rental trends, property values, and tenant demographics.
- Local Network: Established relationships with local vendors, contractors, and legal professionals.
Critical Areas for Improvement and Potential Drawbacks
While the proposed benefits are appealing, the website’s presentation of information—or lack thereof—introduces significant concerns.
These issues could be potential red flags for discerning property owners.
- Alarming Performance Metrics: The most glaring issue is the presence of “Customer Satisfaction 0%” and all other key performance indicators Units Managed, Move-In Inspections, Renovation Projects, Happy Clients showing “1.”
- Erosion of Trust: Such figures, whether placeholders or actual data, severely undermine credibility. For a service handling valuable assets, this lack of verifiable performance is a major deterrent. It suggests either extreme inexperience or a significant oversight in website management.
- Unclear Operating History: If these numbers are accurate, it implies the company is either brand new or has managed only a single property, which is inconsistent with claims of “shaking up” an industry.
- Lack of Pricing Transparency: The website states a “one flat rate fee” but provides no actual figures, percentages, or a mechanism to obtain a quote without direct contact.
- Uncertainty Gharar: In ethical financial transactions, clarity on pricing is paramount. Hiding this crucial information creates uncertainty, which is generally discouraged in Islamic finance. Potential clients are left guessing about the actual cost, making it difficult to compare with alternatives.
- Barrier to Entry: Many potential clients prefer to understand pricing upfront before committing to a consultation or providing personal information.
- Insufficient Detail on “Innovative Technology”: While the website mentions “innovative property management technology,” it offers no specific details about what this technology entails.
- Vague Claims: Without specifics e.g., platform name, features, dashboards, reporting tools, the claim of innovation remains unsubstantiated marketing rhetoric. Property owners need to know how this technology will benefit them.
- Lack of Differentiation: If the technology isn’t detailed, it’s hard to distinguish it from standard property management software used by competitors.
- Limited Proof of Expertise/Track Record: Beyond the founder’s statement, there are no robust case studies, detailed success stories, or independent reviews beyond the Yelp link, which itself requires external navigation to substantiate their claims of efficiency or cost savings.
- Lack of Social Proof: The absence of compelling testimonials or a portfolio of successful property management undermines trust. Real property management often involves complex scenarios, and evidence of handling such situations effectively is crucial.
- Unverifiable Claims: The promise of “up to 60 percent in costs” savings is a bold claim that lacks supporting data on the website.
- No Clear Service Level Agreements SLAs or Guarantees: While they promise efficiency and problem prevention, there are no explicit service level agreements or guarantees mentioned regarding response times, repair turnaround, or tenant placement success rates.
- Ambiguity: Without clear commitments, clients have no benchmark against which to measure the service’s performance.
In summary, while Turnkeyrealpropertymanagement.com articulates a compelling vision and offers a potentially attractive service model, the significant data discrepancies and lack of transparent pricing information on its homepage severely hinder its credibility.
Property owners considering this service would need to undertake extensive due diligence beyond what is immediately available on the website.
Turnkeyrealpropertymanagement.com Alternatives
Given the critical gaps in transparency and the concerning placeholder data on Turnkeyrealpropertymanagement.com’s website, exploring established and reputable alternatives for property management is not just a good idea—it’s essential for any discerning property owner.
The market for property management solutions, both software and full-service providers, is robust, offering a range of options that prioritize clarity, proven track record, and comprehensive features. Ultrezenzymes.com Review
Software-as-a-Service SaaS Property Management Platforms
These platforms empower landlords or property management companies to manage properties efficiently, offering tools for everything from tenant screening to financial reporting.
They are generally ethical as they facilitate legitimate business transactions.
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- Key Features: Designed for landlords with 1 to 500+ units. Offers online rent collection, tenant screening, maintenance requests, accounting, tenant communication, and professional marketing pages. Integrates with TransUnion for screening.
- Why it’s a strong alternative: Provides clear pricing, robust features for landlords, and a strong emphasis on user convenience. Its focus on streamlining operations directly addresses many pain points Turn-Key aims to solve, but with much greater transparency.
- Ethical Aspect: Facilitates direct landlord-tenant management, empowering ethical relationships.
- Pros: User-friendly mobile app, unlimited properties for a flat fee, dedicated support, integrated legal forms.
- Cons: Some advanced accounting features might be limited compared to enterprise solutions, add-ons can increase cost.
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- Key Features: Comprehensive property management software focused on financial tracking, expense management, rent collection, and reporting. Offers tenant screening, lease management, and maintenance tracking. Available on web and mobile.
- Why it’s a strong alternative: Prioritizes clear financial oversight, which is crucial for ethical business practices. Provides a clear pricing structure and focuses on practical tools for landlords.
- Ethical Aspect: Supports clear accounting and transparent financial dealings in property management.
- Pros: Excellent for financial reporting, intuitive interface, robust expense tracking, good for tax preparation.
- Cons: Less emphasis on marketing and leasing features compared to some competitors, mobile app can have occasional sync issues.
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- Key Features: Combines software with human support. Offers tenant screening, online leasing, rent collection, and maintenance coordination. Can connect landlords with local licensed real estate agents for showings or emergencies.
- Why it’s a strong alternative: Offers a hybrid model, providing both technology and human assistance without opaque pricing. Its emphasis on connecting landlords with local professionals adds a layer of trust and localized expertise that Turn-Key hints at but doesn’t fully detail.
- Ethical Aspect: Promotes efficient, transparent management with clear roles and services.
- Pros: Hybrid model of software and human support, access to local agents, good for remote landlords, flexible pricing plans.
- Cons: Can be more expensive than pure software solutions, human support availability may vary, some features are add-ons.
Reputable Full-Service Property Management Companies General Categories
While specific recommendations would depend on the exact location of the property, recognizing the characteristics of reputable full-service companies is key.
When seeking a full-service alternative to Turn-Key, look for these qualities:
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Local Property Management Firms Search “Property Management CA”
- Key Features: These firms offer personalized services, deep local market knowledge, and often have established networks of contractors and service providers. They handle everything from tenant placement and rent collection to maintenance and legal compliance.
- Why they are strong alternatives: Provide a physical presence and a track record that can be more easily verified through local reviews, licensing boards, and direct inquiries. Transparency about fees often a percentage of rent is common.
- Ethical Aspect: Direct local engagement facilitates accountability and clear communication.
- Pros: Local expertise, personalized service, established reputation in the community, direct accountability.
- Cons: Fees are typically percentage-based, which can fluctuate, may have less emphasis on advanced technology, service quality can vary greatly between firms.
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National Property Management Franchises e.g., Real Property Management, Property Management Inc. Digitalqcubes.com Review
- Key Features: Benefit from standardized processes, national brand recognition, and often extensive training programs for their staff. They offer comprehensive services, similar to local firms, but with the backing of a larger organization.
- Why they are strong alternatives: Offer a balance of local presence and national support, providing a level of reliability and consistent service quality. Their established business models generally include clear pricing structures and service agreements.
- Ethical Aspect: Corporate oversight often ensures adherence to industry standards and ethical guidelines.
- Pros: Brand recognition and trust, standardized procedures, access to broader resources, professional training for staff.
- Cons: Less flexibility for highly customized needs, local office quality can still vary, may feel less personal than a small local firm.
When considering any property management service, always prioritize:
- Clear and Transparent Pricing: Understand all fees, including management percentages, setup fees, leasing fees, and any additional charges. Avoid services with hidden costs.
- Verifiable Track Record: Look for established companies with a history of successful management, positive client testimonials, and a strong online reputation e.g., Yelp, Google reviews, Better Business Bureau.
- Comprehensive Service Agreements: Ensure all services, responsibilities, and performance expectations are clearly outlined in a written contract.
- Professional Licensing and Insurance: Verify that the company is properly licensed like Turn-Key’s DRE number and adequately insured.
- Strong Communication Channels: Good property managers are excellent communicators, providing regular updates and prompt responses to inquiries.
Choosing a property management solution involves a significant investment of trust and capital.
It’s imperative to select a partner whose transparency, track record, and ethical conduct are beyond reproach.
How to Assess a Property Management Website’s Credibility and Transparency
When evaluating a property management website like Turnkeyrealpropertymanagement.com, discerning property owners must look beyond appealing design and marketing rhetoric.
Credibility and transparency are paramount, especially when entrusting valuable assets to a third party.
Key Indicators of Credibility
A credible property management website provides clear, verifiable information that builds trust and confidence.
- Clear Licensing and Registration: Reputable property management companies are licensed professionals. Look for:
- License Numbers: A California Department of Real Estate DRE license number like CA DRE# 02140477 on Turn-Key’s site is a good start, but it should be verifiable on the state’s official DRE website.
- Business Registration: Information about the company’s legal name and business registration can often be found in the footer or “About Us” section.
- Physical Address and Contact Information: A legitimate business will have a verifiable physical address and accessible contact methods.
- Street Address: A complete street address, not just a P.O. Box, indicates a tangible presence.
- Multiple Contact Methods: Phone numbers, email addresses, and ideally a contact form should be readily available.
- Professional Affiliations: Membership in industry organizations e.g., National Association of Residential Property Managers – NARPM, Institute of Real Estate Management – IREM can signal adherence to professional standards and ethical guidelines.
- Badges and Logos: Look for logos of these associations, often displayed in the footer or “About Us” section.
- Authentic Testimonials and Case Studies: Genuine social proof is a powerful indicator of trustworthiness.
- Detailed Testimonials: Look for testimonials that include full names, property types, and specific positive outcomes, rather than vague, generic statements.
- Case Studies: Detailed accounts of how the company solved specific problems for clients, including measurable results, demonstrate expertise and a track record.
- Secure Website HTTPS: Ensure the website uses HTTPS, which encrypts data transmitted between your browser and the site. This is fundamental for protecting any personal or financial information you might submit. You can usually see a padlock icon in your browser’s address bar. According to a 2023 survey by Statista, over 90% of all web pages loaded in Chrome used HTTPS, indicating it’s an industry standard for security.
Pillars of Transparency
Transparency in a property management context means openly sharing information about services, fees, processes, and performance.
- Clear and Detailed Pricing Structure: This is arguably the most crucial aspect. A transparent website will clearly outline its fee structure.
- Management Fees: Is it a percentage of rent collected? A flat fee? What’s the minimum?
- Leasing/Tenant Placement Fees: What are the costs associated with finding and screening new tenants?
- Maintenance Markups: Does the company add a markup to maintenance costs, or are repairs charged at cost?
- Other Fees: Are there fees for renewals, evictions, inspections, or administrative tasks? All potential charges should be disclosed upfront.
- Example: A 2022 industry report by PropertyManagement.com showed that typical management fees range from 8-12% of collected rent, with some flat fees, and leasing fees often equivalent to 50-100% of one month’s rent. Any deviation from industry norms should be clearly justified.
- Detailed Service Descriptions: Beyond high-level categories e.g., “Residential Property Management”, the website should elaborate on specific tasks performed under each service.
- Tenant Screening Process: What does it entail credit, background, eviction history, employment verification, previous landlord references?
- Rent Collection Methods: How is rent collected? What happens if rent is late?
- Maintenance Procedures: How are requests submitted? What’s the typical response time? Who approves repairs?
- Accounting and Reporting: What kind of financial reports are provided to owners, and how frequently?
- Clearly Stated Terms and Conditions/Privacy Policy: These legal documents are essential for defining the relationship between the client and the company.
- Accessibility: Links to these policies should be easily found, typically in the footer of the website.
- Readability: While legalistic, they should be understandable enough for a layperson to grasp the key provisions.
- Performance Metrics Authentic Data: While aspirational numbers are common, the “0% Customer Satisfaction” and “1” for all key metrics on Turn-Key’s site are highly problematic. A transparent company would display accurate, verifiable performance data, even if it’s early in their journey.
- Actual Units Managed: Realistic numbers that reflect their current portfolio size.
- Customer Satisfaction Scores: If they claim to measure satisfaction, they should provide actual and credible data points.
- Vacancy Rates: A company’s average vacancy rate for properties they manage can be a strong indicator of their effectiveness. For instance, the average vacancy rate for rental housing in the US was 6.6% in Q4 2023, according to the U.S. Census Bureau. A company consistently below this average would indicate strong performance.
- Responsive Customer Support: The ease with which you can get answers to your questions, even before becoming a client, speaks volumes about a company’s commitment to transparency and service.
- Prompt Responses: Test their contact methods. Do they respond quickly and thoroughly to inquiries?
In essence, a reputable property management website should not just tell you what they do, but how they do it, how much it costs, and how well they’ve done it for others. Any significant deviations from these transparency standards, especially alarming data points, should prompt a deeper investigation or a search for more trustworthy alternatives.
Turnkeyrealpropertymanagement.com Pricing: What the Website Doesn’t Say
One of the most critical aspects of evaluating any service, especially one involving financial management and property assets, is understanding its pricing structure.
For Turnkeyrealpropertymanagement.com, this information is conspicuously absent from its main homepage, despite the prominent claim of a “one flat rate fee.” This lack of transparency is a significant concern for potential clients. Greeleyhatworks.com Review
The Claim: “One Flat Rate Fee”
The website repeatedly emphasizes that Turn-Key “bundles a multitude of services for a one flat rate fee, including management fees, repairs, maintenance, tenant placement, and rent loss due to vacancies.” This concept is inherently appealing because it promises cost predictability, a major draw for landlords who often face unexpected expenses with traditional property management models.
- Appeal of Flat Rates:
- Budget Certainty: Knowing the exact cost upfront allows landlords to better calculate their potential return on investment ROI.
- Simplicity: It simplifies billing and avoids complex calculations based on percentages or variable costs.
- No Hidden Fees: Ideally, a true flat rate would mean no surprises or unexpected charges.
The Problem: Lack of Specifics
Despite the strong claim, the website provides no actual figures, ranges, or methods for determining this “one flat rate fee.” This omission creates a significant void in crucial information.
- No Published Rates: There is no pricing page, no mention of an average monthly fee, or any tier-based system for different property types or sizes.
- No Calculator or Quote Tool: Many service providers offer online calculators or prompt forms that can generate an estimated quote based on property details. Turn-Key’s site lacks any such interactive tool.
- Ambiguity and Uncertainty Gharar: From an ethical standpoint, particularly in a framework that values clarity in transactions, this lack of specific pricing creates gharar uncertainty or excessive risk. Clients are expected to engage further e.g., call them without understanding the fundamental financial commitment. This can be problematic as it means a potential client cannot make an informed decision at the initial research stage.
- Forced Engagement: By withholding pricing, the company effectively forces potential clients to contact them directly for a quote. While this generates leads, it can also deter those who prefer to conduct preliminary research and comparison shopping independently. According to a 2021 study by HubSpot, 68% of consumers prefer to research online on their own rather than speaking with a salesperson.
Implications of Undisclosed Pricing
The absence of transparent pricing can have several negative implications for both the prospective client and the company’s perceived trustworthiness.
- Difficulty in Comparison: Without knowing the flat rate, property owners cannot compare Turn-Key’s offering against competitors who typically charge a percentage of collected rent e.g., 8-12% or provide clear flat fee structures. This makes it impossible to assess if the “up to 60 percent in costs” savings claim is realistic for their specific property.
- Trust Deficit: In an industry where trust is paramount, withholding basic financial information can erode confidence. It might lead potential clients to question what else might be opaque or undisclosed.
- Time and Effort Wasted: For property owners, contacting multiple companies just to get pricing can be a time-consuming and frustrating process. A transparent website streamlines this initial research phase.
- “Bait and Switch” Perception: While not necessarily their intent, the lack of pricing combined with a strong “flat rate” claim can sometimes give the impression of a “bait and switch” tactic, where the attractive claim is made, but the actual cost is only revealed later after engagement.
What to Expect General Industry Norms
While Turn-Key claims a flat rate, it’s important to understand typical property management pricing models to have a benchmark:
- Percentage-Based Fees: The most common model, where the property manager charges a percentage of the gross monthly rent collected e.g., 8-12%.
- Flat Monthly Fees: A fixed dollar amount charged each month, regardless of rent collected. This is Turn-Key’s stated model. However, these often vary based on property type, size, and services included.
- Per-Service Fees: Some companies charge separately for specific services like tenant placement e.g., 50-100% of first month’s rent, lease renewals, eviction processing, or major maintenance coordination.
- Vacancy Fees: Some managers charge a fee even when the property is vacant, while others do not. Turn-Key’s claim of covering rent loss due to vacancies is a strong feature if true and clearly defined.
For Turnkeyrealpropertymanagement.com to build greater trust and transparency, they would need to clearly articulate their flat rate fee structure, perhaps with examples for different property types, or provide an online mechanism for potential clients to quickly obtain an estimate without a full consultation.
Turnkeyrealpropertymanagement.com vs. Industry Standards
When assessing Turnkeyrealpropertymanagement.com, it’s crucial to compare its offerings and presentation against established industry standards and best practices for property management companies, particularly those operating in a competitive market like Los Angeles.
This comparison reveals both areas where Turn-Key aligns with modern trends and where it significantly deviates, raising questions about its readiness and reliability.
Adherence to Industry Standards
Turnkeyrealpropertymanagement.com does exhibit some characteristics that align with reputable property management services.
- Comprehensive Service Offering: The range of services—including residential and commercial management, tenant placement, screening, rent collection, accounting, maintenance, and repairs—is standard for a full-service property management company. This breadth of service is what many landlords seek to offload the entire management burden.
- Use of Online Portals: The mention of a “Securely online portal for easy tenant log access and payments” is an industry standard. Most modern property managers utilize such portals to streamline rent collection, maintenance requests, and communication. A 2023 survey by the National Association of Residential Property Managers NARPM indicated that over 85% of property managers use online portals for rent collection.
- Emphasis on Tenant Screening: Their detailed description of the screening process credit, background checks, references, pet screening, verification is also a critical and standard practice designed to mitigate risks like rent loss and property damage. This aligns with industry best practices for responsible tenant placement.
- Preventative Maintenance Focus: The proactive approach to inspections and preventative maintenance is a sign of good property management. Many leading firms advocate for this to preserve asset value and reduce costly emergency repairs. Data from industry research suggests that preventative maintenance can reduce overall repair costs by 15-20% annually.
- Licensing Disclosure: Displaying their CA DRE# 02140477 is a positive step, demonstrating compliance with state regulatory requirements. This is a baseline expectation for any legitimate property management firm.
Deviations from Industry Best Practices and Transparency
Here’s where Turnkeyrealpropertymanagement.com falls short when compared to established industry leaders and transparent business practices. Pbnjtv.com Review
These deviations are significant enough to warrant caution.
- Lack of Performance Data Transparency: The most alarming deviation is the highly improbable and unprofessional display of “Customer Satisfaction 0%” and “1” for all key performance metrics Units Managed, Move-In Inspections, Renovation Projects, Happy Clients.
- Industry Standard: Reputable companies typically showcase compelling, verifiable statistics, client testimonials, case studies, or a portfolio of properties under management. If early in their journey, they would clearly state their newness or provide a credible rationale for such low figures, or simply omit them until they have meaningful data.
- Impact: This dramatically undermines credibility. No established company would present itself this way, and for a new one, it suggests a severe oversight or lack of genuine operational data.
- Opaque Pricing Structure: While promising a “one flat rate fee,” the website provides no actual figures or clear methodology for how this fee is determined.
- Industry Standard: Most property management companies whether percentage-based or flat-fee disclose their general pricing on their website, or at least provide clear tiers/ranges and a simple method to get a custom quote. This allows potential clients to conduct initial due diligence and compare services without direct engagement.
- Impact: This lack of transparency creates gharar uncertainty and is a significant barrier for informed decision-making. It deviates from modern consumer expectations for pricing clarity.
- Vague “Innovative Technology” Claims: The website frequently mentions “innovative property management technology” but provides no specific details, screenshots, or names of the platforms used.
- Industry Standard: Leading property management tech companies showcase their dashboards, mobile apps, specific features e.g., AI-powered analytics, predictive maintenance scheduling, advanced communication tools, and often provide demos or detailed feature lists.
- Impact: Without specifics, the claim remains unsubstantiated marketing fluff. It doesn’t differentiate them from competitors who also use various software solutions.
- Limited Social Proof/Verifiable Reviews: While they link to Yelp, there’s a noticeable absence of integrated, compelling client testimonials or case studies directly on their website that go beyond the problematic “Happy Clients 1” metric.
- Industry Standard: Websites typically feature numerous client quotes, ratings, and often links to third-party review sites with high ratings to build confidence.
- Impact: The lack of robust social proof makes it difficult for potential clients to gauge the quality of their service based on past client experiences.
- Absence of FAQs or Knowledge Base: A comprehensive FAQ section is standard for addressing common client queries regarding services, processes, and costs.
- Industry Standard: Websites often include an FAQ section to proactively answer questions, reducing the need for direct customer service contact for basic information.
- Impact: Without an FAQ, users must rely on contacting the company directly for basic inquiries, adding friction to the research process.
In conclusion, while Turnkeyrealpropertymanagement.com presents a compelling vision of simplified property management with a flat fee and technological innovation, its execution on the website falls short of industry best practices regarding transparency and credible data presentation.
The alarming performance metrics and opaque pricing structure are significant deviations that necessitate extreme caution and thorough due diligence for any prospective client.
Referral Program: An Ethical Consideration
Turnkeyrealpropertymanagement.com mentions a “Referral Program” as one of its quick links, suggesting an incentive for existing clients or partners to bring in new business.
While referral programs are a common and generally ethical marketing strategy, it’s important to understand their structure and potential implications in the context of professional services like property management.
The Mechanics of Referral Programs
A referral program typically involves:
- Incentives: The referrer receives a reward e.g., cash, gift card, service discount for successfully referring a new client.
- Tracking: A system is in place to track referrals and ensure the referrer receives credit.
- Terms and Conditions: Clear rules govern how a referral is qualified, when the payout occurs, and any limitations.
Ethical Considerations in Property Management Referrals
Generally, referral programs are permissible as long as they are transparent and do not lead to undue influence or misrepresentation. However, certain aspects warrant attention:
- Transparency: The program’s terms should be clear to all parties involved. This means:
- Disclosing the Incentive: The referrer should ideally disclose to the referred party that they are receiving a benefit for the referral. This builds trust and avoids a perception of hidden motives.
- Fair Compensation: The referral fee should be a reasonable amount, not so large as to create an incentive for dishonest or overly aggressive recommendations.
- Quality over Quantity: The primary concern is that the referral program doesn’t incentivize referrals for the sake of the reward, without genuine consideration for whether the service is a good fit for the referred party. In professional services, the quality of the referral is paramount.
- No Undue Influence: The program should not coerce or unduly pressure referrers to make recommendations that are not in the best interest of the potential client.
- Compliance: Referral programs in real estate and property management must comply with relevant state and federal laws regarding real estate commissions and referral fees. In California, for instance, a real estate broker can pay a referral fee to an unlicensed person, but only if that person did not perform any activities requiring a license.
- No Conflicts of Interest: Referrers should not have undisclosed conflicts of interest that might sway their recommendation.
What’s Missing on Turnkeyrealpropertymanagement.com’s Website
While the presence of a “Referral Program” link indicates a common business practice, the public-facing homepage does not provide details about this program.
- Lack of Program Details: The website does not explain:
- Who is eligible to refer e.g., existing clients, real estate agents, general public?
- What the incentive is e.g., a flat fee, a percentage, a gift?
- How a referral is tracked or qualified.
- The terms and conditions of the program.
- Implication: This lack of transparency, similar to the pricing information, means a potential referrer or referred party cannot understand the full scope of the program without direct inquiry. While internal program details are often reserved, a general outline or FAQ about the program on the website can enhance transparency and demonstrate ethical intent.
Best Practices for Ethical Referral Programs
For Turnkeyrealpropertymanagement.com, or any property management company, to ensure its referral program is ethically sound and transparent, it should:
- Publish a Clear “Referral Program” Page: This page should outline the program’s terms, eligibility, incentive structure, and how to participate.
- Encourage Disclosure: Advise referrers to inform potential clients that they are receiving a referral bonus.
- Focus on Value: Emphasize that the referral should be based on genuine belief in the service’s quality, not solely on the financial incentive.
- Comply with Regulations: Ensure the program strictly adheres to all state and local laws regarding referral fees in real estate.
In conclusion, while a referral program itself is a normal and ethical business practice, the lack of accessible details about Turnkeyrealpropertymanagement.com’s program on their website mirrors the general lack of transparency observed elsewhere. Earthgirl.host Review
For such a program to be considered truly ethical and trustworthy, its terms and conditions should be readily available and clearly communicated to all interested parties.
How to Obtain Information and Engage with Turnkeyrealpropertymanagement.com
Given the significant lack of detailed information on Turnkeyrealpropertymanagement.com’s homepage, particularly regarding pricing and specific technology, prospective clients must be prepared to actively engage with the company to gather the necessary details before making an informed decision.
This direct engagement is crucial for clarifying the ambiguities observed on their website.
Methods of Contact
The website provides several standard contact methods, which is a positive sign for accessibility.
- Phone: They list a toll-free number: 800-317-1927. This is often the quickest way to get direct answers and assess their responsiveness.
- Email: An email address is provided: [email protected]. This allows for written inquiries and provides a record of communication.
- Physical Address: They list a physical address: 6740 Fallbrook Ave, #107 West Hills CA 91307. While not a direct contact method, a physical presence suggests a legitimate operation.
- Social Media: Links to Facebook, LinkedIn, Instagram, Yelp, and YouTube are available. While social media can offer insights into their activity and public interactions, it’s generally not the primary channel for detailed service inquiries.
Key Questions to Ask During Engagement
When you do engage with Turn-Key Real Property Management, whether by phone or email, prepare a list of specific questions to address the information gaps on their website.
This proactive approach is vital for due diligence.
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Pricing Clarity:
- “Can you explain your ‘one flat rate fee’ in detail? What is the exact amount, or how is it calculated for a property like mine e.g., bedrooms, baths, property?”
- “Are there any other fees or charges that are not included in this flat rate e.g., setup fees, lease renewal fees, eviction fees, court costs, major renovation oversight fees?”
- “How does the ‘rent loss due to vacancies’ protection work? Is there a cap, a duration limit, or specific conditions?”
- “What is your standard contract length, and what are the terms for early termination?”
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Performance and Track Record:
- “The website shows ‘Customer Satisfaction 0%’ and ‘Units Managed 1,’ ‘Happy Clients 1,’ etc. Can you explain these figures? Are they placeholders, or do they reflect your current operational scale and client base?”
- “Can you provide verifiable client testimonials or references that I can contact?”
- “Do you have a portfolio of properties you currently manage or case studies that demonstrate your success?”
- “What is your typical vacancy rate for properties you manage in the Los Angeles area?”
- “What is your average tenant placement time?”
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Technology and Process Details:
- “You mention ‘innovative property management technology.’ Can you elaborate on the specific software or platform you use? Can I see a demo or screenshots of the owner portal and tenant portal?”
- “How frequently do you provide financial reports to property owners, and in what format?”
- “What is your standard process for handling maintenance requests from tenants, from submission to resolution? What are the typical response times?”
- “How are major repairs or renovations managed, and how are costs approved by the owner?”
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Operational Details: Blossomchildrenscenter.com Review
- “What is your typical response time for tenant inquiries and maintenance requests?”
- “How often do you perform property inspections, and what do these inspections entail?”
- “Can you describe your tenant screening process in detail, beyond just ‘credit and background checks’?”
- “Who handles emergency calls after hours, and what is the typical emergency response protocol?”
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Referral Program:
- “I saw a link for a ‘Referral Program.’ Can you provide details on how this program works, who is eligible, and what the incentives are?”
Verifying Information
Don’t just take answers at face value.
- Check DRE License: Verify their CA DRE# 02140477 on the California Department of Real Estate’s official website https://www.dre.ca.gov/.
- Third-Party Reviews: While they link to Yelp, actively search for reviews on other platforms like Google Reviews, Better Business Bureau, and independent property management review sites. Look for patterns in positive and negative feedback.
- Ask for References: Requesting client references who are willing to speak about their experience is a gold standard for due diligence.
- Read the Contract Carefully: Before signing any agreement, thoroughly review the full contract, ensuring all verbal promises are documented and all fees, terms, and conditions are explicitly stated. If anything is unclear, seek legal counsel.
Engaging directly with Turnkeyrealpropertymanagement.com is essential to bridge the information gaps on their website.
However, this engagement should be conducted with a critical eye, prepared with targeted questions to ensure complete transparency before considering their services.
How to Cancel Turnkeyrealpropertymanagement.com Subscription Hypothetical
Since Turnkeyrealpropertymanagement.com does not explicitly detail its pricing structure or subscription model on its public-facing website, any discussion about canceling a “subscription” or “free trial” must be hypothetical and based on general industry practices for property management services.
Typically, property management agreements are service contracts, not subscriptions in the software sense, and often involve a longer-term commitment.
Understanding Property Management Contracts
Property management agreements are legally binding contracts between the property owner and the management company. They outline:
- Duration: The length of the agreement e.g., 1 year, 2 years.
- Services Included: A detailed list of what the manager will do.
- Fees: All charges for management, leasing, maintenance, etc.
- Termination Clauses: The conditions under which either party can terminate the agreement.
Hypothetical Cancellation Process Based on Industry Norms
If you were a client of Turnkeyrealpropertymanagement.com and needed to cancel your service agreement, the process would likely involve the following steps, which are standard across the property management industry:
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Review Your Contract:
- Crucial First Step: Your primary document for understanding cancellation terms is the signed property management agreement. This contract will specify:
- Notice Period: How much advance written notice e.g., 30, 60, or 90 days you must give before terminating the agreement.
- Termination Fees: Any penalties or fees for early termination. These can vary significantly. some contracts have none if proper notice is given, while others might charge several months’ worth of management fees or a flat penalty.
- Conditions for Termination: Whether termination is allowed for “cause” e.g., breach of contract by the manager or “without cause” e.g., simply deciding to manage it yourself or switch companies.
- Required Format: Whether notice must be given in writing, via certified mail, or email.
- Crucial First Step: Your primary document for understanding cancellation terms is the signed property management agreement. This contract will specify:
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Provide Written Notice: Rapidaairporttransfers.com Review
- Once you understand your contractual obligations, draft a formal written notice of termination.
- Include Key Information: Your name, property address, desired termination date, and a clear statement that you are terminating the management agreement as per the terms of your contract.
- Send via Trackable Method: Send the notice via certified mail with a return receipt requested, and/or email with a read receipt, to ensure you have proof of delivery. This is paramount for legal protection.
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Address Any Outstanding Financials:
- Before the termination date, ensure all rents collected are disbursed, all expenses are paid, and the final accounting is completed.
- Final Statement: Request a final financial statement from Turn-Key Real Property Management that reconciles all income and expenses up to the termination date.
- Security Deposits: Clarify how tenant security deposits will be transferred or handled. In many states, these must be held in a separate trust account and formally transferred to the new manager or owner.
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Facilitate Key and Document Transfer:
- Arrange for the return of all property keys, access codes, and remotes.
- Important Documents: Request all relevant property documents, including tenant leases, tenant contact information, maintenance records, and any warranties for recent repairs.
- Tenant Notification: Coordinate with the management company or directly if they cease management to formally notify tenants of the change in management, providing them with new contact information for rent payments and maintenance requests.
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Follow Up:
- Keep detailed records of all communications and transactions.
- Confirm that all transfers funds, keys, documents have been completed satisfactorily by the termination date.
Hypothetical “Free Trial” Cancellation
Since Turnkeyrealpropertymanagement.com doesn’t mention a free trial for its full property management services, this concept is less applicable.
Full-service property management doesn’t typically offer “free trials” in the way software does.
If they were to offer a limited “trial” e.g., a free property assessment, cancellation would merely involve declining to proceed with the full paid service.
There would likely be no formal “cancellation” process required, as no ongoing service agreement would have been established.
In essence, canceling a property management service like Turn-Key’s would be governed by the specific terms of the contract you signed.
The absence of this information on their website means prospective clients must make sure to thoroughly understand and negotiate the termination clauses before entering into any agreement.
FAQ
What is Turnkeyrealpropertymanagement.com?
Turnkeyrealpropertymanagement.com is a property management company based in West Hills, CA, that aims to provide comprehensive residential and commercial property management services, including tenant placement, rent collection, maintenance, and accounting, for a stated “one flat rate fee.” Preciouspearlshomecare.com Review
Is Turnkeyrealpropertymanagement.com a legitimate company?
Yes, Turnkeyrealpropertymanagement.com appears to be a legitimate entity, providing a CA DRE license number 02140477 and a physical address.
However, the website’s displayed performance metrics e.g., “Customer Satisfaction 0%”, “Units Managed 1” are concerning and raise questions about its operational scale or data integrity.
What services does Turnkeyrealpropertymanagement.com offer?
Turnkeyrealpropertymanagement.com offers a range of services including residential and commercial property management, marketing and tenant placement, tenant screening credit, background, reference checks, online rent collection, accounting and financial reporting, preventative maintenance, and handling of all repairs with in-house technicians.
What is the “one flat rate fee” mentioned by Turnkeyrealpropertymanagement.com?
Turnkeyrealpropertymanagement.com claims to bundle all services into a “one flat rate fee,” including management, repairs, maintenance, tenant placement, and rent loss due to vacancies.
However, the exact amount or calculation of this flat rate is not disclosed on their website, requiring direct contact to obtain pricing information.
Are there any hidden fees with Turnkeyrealpropertymanagement.com?
The website states “one flat rate fee” implying no hidden fees, but without explicit pricing details or a full breakdown of what is included and excluded, it’s impossible to confirm if there are additional costs.
Property owners should clarify all potential charges before signing a contract.
Does Turnkeyrealpropertymanagement.com handle commercial properties?
Yes, Turnkeyrealpropertymanagement.com states that they offer “Commercial Property Management” services in addition to residential property management.
How does Turnkeyrealpropertymanagement.com screen tenants?
Their screening process includes running credit checks, background checks, verifying references, pet screening, and verifying income/employment to prevent rent loss, evictions, and property destruction.
Does Turnkeyrealpropertymanagement.com offer an online portal for landlords and tenants?
Yes, the website mentions a “Securely online portal for easy tenant log access and payments,” implying both tenant and landlord portals are available for rent collection, communication, and reporting. Norcalmarketers.com Review
What kind of financial reporting does Turnkeyrealpropertymanagement.com provide?
Turnkeyrealpropertymanagement.com states they will manage revenue and expenses, provide monthly reports, market analysis, and bookkeeping for all rental property transactions.
How does Turnkeyrealpropertymanagement.com handle maintenance and repairs?
They claim their “innovative property management technology” offers preventative maintenance included in the management fee, and all repairs will be handled quickly by their in-house professional licensed technicians.
What is the significance of the “Customer Satisfaction 0%” displayed on their website?
The “Customer Satisfaction 0%” figure, along with “Units Managed 1,” “Move-In Inspections 1,” “Renovation Projects 1,” and “Happy Clients 1,” is highly unusual and concerning.
It could indicate placeholder data, a very new company, or a severe oversight in website management, and it severely undermines trust.
How does Turnkeyrealpropertymanagement.com claim to save property owners money?
The website claims their platform will save property owners “up to 60 percent in costs” by bundling services for a flat rate and taking on operational costs and maintenance.
However, this claim is not supported by specific data or pricing on the website.
Does Turnkeyrealpropertymanagement.com have a referral program?
Yes, the website lists “Referral Program” under its quick links, suggesting they offer incentives for referring new clients.
However, details about the program’s terms and benefits are not publicly available on the site.
What are the main geographical areas served by Turnkeyrealpropertymanagement.com?
The website states they serve “Areas We Serve” but doesn’t list specific regions on the homepage, although their physical address is in West Hills, CA, indicating a focus on the Los Angeles area.
Is Turnkeyrealpropertymanagement.com good for new landlords?
While their flat-rate model could be appealing for simplicity, the lack of transparent pricing and the concerning performance metrics on their website mean new landlords would need to conduct extensive due diligence and ask many clarifying questions before committing. Appliancerepairmason.com Review
Can I get a free quote from Turnkeyrealpropertymanagement.com?
The website does not explicitly offer a “free quote” button or mechanism, but you would need to contact them directly via phone or email to inquire about their services and pricing for your specific property.
How can I verify Turnkeyrealpropertymanagement.com’s license?
You can verify their CA DRE# 02140477 by searching on the official California Department of Real Estate DRE website https://www.dre.ca.gov/.
What questions should I ask Turnkeyrealpropertymanagement.com before hiring them?
You should ask about their exact flat rate, what is explicitly included/excluded, explanations for their low performance metrics, specific details on their “innovative technology,” verifiable client references, their full tenant screening process, and terms for contract termination.
Does Turnkeyrealpropertymanagement.com have reviews online?
The website provides links to social media platforms including Yelp.
You should check these external platforms for customer reviews to get a broader perspective on their service quality.
How does Turnkeyrealpropertymanagement.com ensure property inspections are performed?
The website states that Turn-Key includes “monitoring and performing multi times a year inspection during the tenancy to predict future possible damages to the property to prevent major issues.”
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