Lucas & Hollingsworth Real Estate Management

909-469-6999

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    • About Us
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  • More
    • Home
    • Pay Rent/HOA Dues
    • Tenant Info
      • Service Requests & FAQs
      • Renter's Insurance
    • Owners
      • About Us
      • Management Services
      • Owner Account Access
    • Contact Us
    • Apply Online

909-469-6999

Lucas & Hollingsworth Real Estate Management
  • Home
  • Pay Rent/HOA Dues
  • Tenant Info
    • Service Requests & FAQs
    • Renter's Insurance
  • Owners
    • About Us
    • Management Services
    • Owner Account Access
  • Contact Us
  • Apply Online

Management Services

WORKING FOR YOU

Whether you are a new income property owner, or  are tired of managing income property yourself, or, you are not happy  with your current property management company, please consider Lucas & Hollingsworth Real Estate Management. We are full service property  management company specializing in the West Inland Empire and San  Gabriel Valley. We offer competitive rates with services custom tailored  to fit your needs.


As income property owners ourselves, we are  keenly aware of the need to maximize profits by carefully balancing the  highest rental income with the best tenants, and at the same time  minimizing expenses yet preserving property integrity.

Areas We Manage

 Our primary geographical service area is east Los Angeles county (San  Gabriel Valley) and the west Inland Empire (Pomona Valley). 

Technology

Our Software of Choice: Rent Manager

We use Rent Manager, one of the most recognized accounting and property  management software in the industry. We provide each client with a  monthly report summarizing all financial transactions, rent roll,  vacancies, expenses, and factors observed during the on-site  inspections. We pride ourselves on reports that are comprehensive, yet  easy to understand. Because our system is computerized, we can meet our  client's individual report needs. In addition, our year-end statements  simplify the burden of tax preparation.  

Services Provided

Renting and Tenant Screening

We only lease to qualified tenants. Our thorough screenings include credit history, eviction  history, national criminal background check, and employment verification. Appropriate security deposits are collected and are held  in a special escrow account, as required by State real estate regulations, until they are either refunded to the tenant upon  successful move out, or are forfeited to cover tenant caused damages  and/or legal expenses. We use appropriate and properly prepared rental  agreements, late and eviction notices, and other related forms and documents. We use California Association of Realtors forms and agreements.  

Property Expenses

 If the client desires, we will pay all bills associated with the  property managed at no additional charge. Some conditions apply. 

Rent Collection

All rents are aggressively pursued. Late notices are promptly prepared  and posted. If the tenant fails to comply, we will initiate evictions  proceedings without delay. Of course, we use discretion before incurring  eviction costs. Late fees will be assessed on all late payments  received. 

Vacancy Management

Since our fee is based on rent collected, vacancies are costly for both  the client and us. As such, we will make every effort to keep vacancies  at a minimum without sacrificing tenant quality. 

Monthly Statements

Our monthly reports to the client are prepared in a concise, easy to  read format, and can be custom tailored to include cash flow reports,  owner’s statement, rent roll, profit & loss, etc. 

Inspections and Repairs

Inspections and Repairs

Inspections and Repairs

We perform periodic exterior inspections (usually monthly) as well as  periodic interior inspections. All repairs and maintenance are performed  by our network of independent companies under our strict supervision.  


We will recommend periodic maintenance in order to reduce future  expensive repairs. Repairs and maintenance are performed to not only  preserve the property but also to reduce potential hazards and,  therefore, liabilities. 


We will contact and obtain approval from the  property owner before proceeding with any major repairs. Payment will  not be made until the work is satisfactorily performed. With the  exception of small jobs (casual labor), we endeavor to use licensed and  insured Contractors. Of course, the property owner reserves the right to  schedule and control some or all of the repair and maintenance  responsibilities should they desire. 

Accounting Services

Inspections and Repairs

Inspections and Repairs

For each property we manage, we open a custodial bank account dedicated  solely to the property. Every transaction affecting the account balance  is recorded and explained in detail. 


Accounting is done on a double-entry cash basis with a separate income & expense ledger maintained  for each property. All expenses are documented. 


We offer our clients the  ability to log into their account to view activity at any time. We also offer out clients the ability to log into our bank to view the  property's bank account and/or obtain bank statements (each property we  manage has its own dedicated custodial bank account).  


Copyright © 2023 Lucas & Hollingsworth Real Estate Management/ IM Financial, Inc. - All Rights Reserved.

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