While the rental market recovers from COVID-19 in a struggling economy, property owners and managers are left with growing collections of unpaid rent and a looming eviction crisis. But property owners in LA County have support: LeaseUp connects them with rent-ready tenants and steady, monthly rental collections.
LeaseUp, powered by PATH, is an innovative program backed by the Los Angeles Homeless Services Authority (LAHSA) and serves over 600 property owners and managers in Southern California. The goal? Offer benefits and stability to property owners and managers in LA County and provide housing for people who are struggling to make ends meet. LeaseUp provides rent-ready tenants and a dedicated housing specialist to help with every step of the leasing process—from inspection to move-in day.
The success of the program is due to its property owner-focused approach. LeaseUp is specifically designed to support property owners and managers. Case in point: Not only does LeaseUp provide a dedicated concierge service that helps property owners find the right renter for their units and navigate any issues with tenants once the tenant has moved in. LeaseUp also waives listing fees and provides unit holding fees for up to two months, property damage protection of up to $10,000, and vacancy loss fees.
So, how does LeaseUp work? Property owners and managers must sign up and qualify to gain acceptance into the program. Once approved, the housing specialist works with a property owner or manager to list their property online, find applicants, and assist with paperwork. After move-in, the specialist provides ongoing support should any issues arise and connects property owners with mediation services if necessary.
With a simple, quick, and free sign up, property owners and managers throughout Southern California have a chance to get best-in-class customer service and qualified, rent-ready tenants faster than other open-market options.
If you’re a property owner or manager interested in participating in LeaseUp, get started today at leaseupla.org
*Please note that leaseupla.com is a commercial real estate company and is in no way affiliated with LeaseUp powered by PATH.