Lake Elsinore
Property Management

Managing a rental property in Lake Elsinore can feel overwhelming and time-consuming. While owning real estate in this lakeside community can be highly rewarding, it often comes with its share of challenges. That’s why we founded Good Life to take the stress out of property ownership in Lake Elsinore, California.

From finding qualified tenants to handling rent collection and ongoing maintenance, we take care of every detail so you don’t have to. With our Lake Elsinore property management services, owning a rental home here becomes simple, profitable, and worry-free.

Our Lake Elsinore Property Management Services

We help you determine the best rental price for your property through market analysis, industry reports, and seasonal fluctuations. 

We will take the highest quality marketing photos of your property, along with any community amenities.
Using our special 3D camera, we will create a virtual walk through tour of your property. This lets potential renters see an accurate representation of the property online.

We advertise your property through Zillow’s paid premium service and share it across the most popular sites, such as Zillow, Redfin, Trulia, HotPads, Realtor.com, and Apartments.com. 

We’re committed to finding top-notch tenants for your property. That’s why we conduct a credit history check, background check, rental history check, and income verification to screen tenants.
We provide a secure online portal for tenants to pay rent.
On the last business day of the month, the rent is directly deposited into your account.

From initial lease signing to lease updates and renewals, we take care of all the paperwork for you. 

Tenants have the option to text or call our emergency line after hours, making sure we can get in touch with vendors around the clock if needed.
In the rare occasion of eviction, we take care of everything from start to finish. This means we will serve the notice to pay, file an unlawful detainer with an attorney, go to court if needed and do a sheriff’s lockout.
On the first business day of every month, we provide you with an owner statement. This shows the income and expenses from the previous month.

Our goal with property inspections is to make sure we address any property concerns before they become a large expense. 

Overview

About Lake Elsinore

With a population of more than 70,000 residents, Lake Elsinore is one of Riverside County’s fastest-growing cities. Perfectly situated along Southern California’s largest natural freshwater lake, the city offers a blend of scenic beauty, suburban comfort, and convenient access to nearby Riverside, San Diego, and Orange County. Known for its family-friendly neighborhoods and welcoming community, Lake Elsinore continues to attract new residents and renters each year. At Good Life, our Lake Elsinore property management services are designed to help you make the most of this thriving market while keeping rental ownership stress-free.

Outdoor recreation is at the heart of Lake Elsinore living. Residents enjoy boating, fishing, and water sports on Lake Elsinore, along with hiking and biking trails in the surrounding Santa Ana Mountains. The city is also home to Storm Stadium, where locals gather to cheer on the Lake Elsinore Storm baseball team.

Beyond recreation, Lake Elsinore offers a growing mix of shopping, dining, and entertainment options, including the popular Outlets at Lake Elsinore. With strong community development, expanding businesses, and steady rental demand, Lake Elsinore is quickly becoming a top choice for both families and real estate investors.

Why Owning Rental Property in Lake Elsinore is a Great Investment

Owning rental property in Lake Elsinore is a smart investment for many reasons. The city’s economy is steadily growing, supported by new businesses, retail centers, and its strong commuter access to Riverside, San Diego, and Orange County. Its population continues to rise as more families and professionals move to the area, creating steady demand for rental housing. Thanks to this growth and development, Lake Elsinore has shown a consistent history of increasing property values over time. The rental market is diverse, offering everything from single family homes near the lake to multi unit properties, giving investors a wide range of opportunities. At Good Life, our Lake Elsinore property management services make it easy to maximize your returns while enjoying stress free ownership.

How Much Does Lake Elsinore Property Management Services Cost?

For non-California residents, the Franchise Tax Board (FTB) requires property managers to withhold a percentage of income from property owners who live out of state as a pre-tax payment. At Good Life, we make this easy by charging $50 per quarter, which covers submitting these payments and preparing your annual tax forms. This ensures compliance, avoids costly penalties, and lets you focus on what matters most. To learn more, visit our Lake Elsinore property management services and check out our full pricing and fees.

What To Look For in an Lake Elsinore Property Manager

When interviewing Lake Elsinore property management companies, you want to make sure they offer holistic property management services. For residential properties, we recommend the following services:

  • Helping you get the property ready for renting
  • Property marketing and advertising  
  • Showing the property to prospective tenants 
  • Screening and selecting qualified tenants 
  • Leasing signing and lease management 
  • Tenant support and 24-hour emergency maintenance services 
  • Rent collection and direct deposits services
  • General maintenance and annual inspections 
  • Periodic walkthroughs 
  • Lease modifications (i.e. adding a pet to the lease) 
  • Reports, photos and financial statements 
  • Legal notices to move tenants out 

Why Choose Us?

At Good Life Property Management, we’re proud to serve the Lake Elsinore community with full service property management that makes renting out your home simple and stress free. Whether you own a single family house, condo, or multi unit building, our team handles everything from marketing and tenant placement to maintenance and rent collection, so you can relax and enjoy the benefits of your investment. By staying connected through trusted industry affiliations, we stay current on the latest laws, market trends, and best practices, ensuring your property is protected and your returns are maximized. Want to see how we deliver 5-star service every step of the way? Explore our Proven Process to discover how we make property management in Lake Elsinore simple, transparent, and effective.

Marketing

How We Promote Your Property

We use the most popular online platforms to market your Lake Elsinore rental property. Through paid syndications, we create listings on websites such as Zillow, Trulia, Hot pads, and 50+ more major rental sites so we can get your rental the most exposure and find the best-fit tenant. Our team will take high-quality professional pictures of your rental and create a high-definition 3D virtual tour. We also write extensive information about your rental, including, amenities, price, community features, and other important living information so we can attract good candidates. Finally, we offer 7 day showing access and support for prospective tenants. 

How We Help You Find the Perfect Rent Price

Our Lake Elsinore rental property specialists help you determine the best rental price for your home by conducting a detailed market analysis. This includes reviewing comparable properties in the Lake Elsinore rental market, analyzing current market conditions, considering seasonal fluctuations, and factoring in your property’s location, size, and condition. Based on this research, we recommend a competitive rental price designed to attract the right tenants while maximizing your return. In addition, our Lake Elsinore property management services include ongoing monitoring of the market and adjusting your rental rate for each new lease term. This ensures your property stays competitive, keeps vacancy rates low, and helps you maintain steady rental income year after year.

Tenant Screening

Great Tenant Screening in Lake Elsinore

At Good Life Property Management, we understand the importance of finding the right tenant. That’s why we’ve built our Good Tenant Screening process. This thorough and comprehensive process ensures that we find tenants who are reliable, responsible, and will take care of your property as if it were their own. Our screening process includes credit checks, background checks, previous landlord references, and more. We take the stress out of finding qualified tenants and give you peace of mind knowing that your property is in good hands. 

Rent Collection

We Direct Deposit Rent Directly to Your Bank Account

We use online rent payment portals, automated reminders, and late payment penalties to make sure that rent is paid on time. We also have a dedicated team who will follow up with tenants who are late on their rent to ensure that payments are received as soon as possible. With us as your Lake Elsinore property management company, you can rest easy knowing that rent collection is in good hands and that you’ll always be paid on time.

Maintenance

We’ve Got Your Property Maintenance Covered

There are so many benefits to a well maintained property; they rent faster, keep tenants happy, and have low turnover. That’s why we’re invested in quality maintenance and inspections of your property. Over the past 10 years, we’ve built great relationships with the best vendors in Riverside County, so we can make sure your property receives affordable and quality care. We also offer 24-hour emergency maintenance services to ensure your tenants are always taken care of. Lake Elsinore Property Management has never been so easy.

Tenant Placement Services

For Self Managing Landlords

Are you a self-managing landlord looking for help finding the right tenant in Lake Elsinore, CA? Our flat-rate tenant placement/lease-only service is designed for you! 

We take care of everything from pricing your rental and marketing your property to showing the unit, conducting background checks, preparing legal forms, and coordinating introductions between you and your tenant.

Let us handle the hard work while you stay in control. Ready to fill your rental? Let’s talk. Schedule your free consultation today.

Areas We Serve in Lake Elsinore and Surrounding Communities

We offer professional property management across all neighborhoods in Lake Elsinore, CA, and the surrounding communities, helping property owners maximize their investments with peace of mind. Whether your rental is in the heart of Lake Elsinore or in a nearby city, our team knows the local market and provides full-service support to keep your property running smoothly. Some of the most popular neighborhoods and communities we serve include:
  • Canyon Hills
  • Tuscany Hills
  • Rosetta Canyon
  • North Peak
  • Cottonwood Canyon Hills
  • Country Club Heights
  • Summerly (master-planned golf course community)
  • North Lake Elsinore
  • Southwest Riverside area
  • Alberhill Ranch
  • Eastridge
  • Vista Del Lago

Broader Riverside County Service Areas

We offer professional property management services across Riverside County, including:  

Resources & Links

Get all your questions answered by an expert for free

Chloe Slater

DRE #02161657

Adam Manly

DRE #01953442

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We make owning rental property easy

Renting your property shouldn’t be a hassle. It should give you a greater abundance of time, money, and energy. We’ve developed a team of A-Players who have made this a reality for over 1,000 property owners.
We can do the same for you.

Home Prices

in Lake Elsinore

Lake Elsinore offers the charm of a lakeside community while still giving residents easy access to the big city benefits of nearby Riverside, Orange County, and San Diego. The city is home to beautiful parks, scenic hiking trails, shopping centers, and plenty of local restaurants, making it a welcoming place to live. With good schools, a family-friendly atmosphere, and convenient proximity to major job hubs, Lake Elsinore is a popular choice for renters who want both comfort and convenience. At Good Life, our Lake Elsinore property management services are designed to help you make the most of this growing rental market.

Pros of Investing in Lake Elsinore

The City of Lake Elsinore offers the perfect blend of lakeside relaxation and suburban convenience, making it a wonderful choice for families and professionals alike. With steady community growth, expanding businesses, and a welcoming atmosphere, Lake Elsinore continues to attract new residents and renters every year. This strong demand, combined with the city’s commitment to development, makes Lake Elsinore an excellent option for property investors seeking long-term potential. At Good Life, our Lake Elsinore property management services are designed to help you maximize your investment while enjoying peace of mind.

Cons of Investing in Lake Elsinore

While Lake Elsinore is often more affordable than many nearby Southern California cities, rising home prices can still impact your entry point as an investor. The city’s strong demand and desirable neighborhoods make the market competitive, with the best properties often moving quickly. Inventory can sometimes be limited, so finding the right opportunity may take patience. That said, Lake Elsinore’s long-term growth and steady rental demand make the search worthwhile, offering investors plenty of opportunity for consistent returns. Learn how our Lake Elsinore property management services can help you maximize your investment with Good Life.

Home Prices in Lake Elsinore

These are the year-to-date stats as of March 2024. For updated stats, visit Redfin’s Lake Elsinore, CA Housing Market.
$565,000

The median price of a single-family home in Lake Elsinore – 92530, 92531, 92532

$385,000

The median price of condos/townhomes in Lake Elsinore – 92530, 92531, 92532

Rental Rates in Lake Elsinore

These are the 2024 average rent prices in Lake Elsinore. For monthly stats, visit Zumper.
$2,650/month

The average rent for a 3-bedroom apartment in Lake Elsinore.

$2,250/month

The average rent for a 2-bedroom apartment in Lake Elsinore.

$1,750/month

The average rent for one bedroom in Lake Elsinore.

Good Life Promise

Real protection. Real Value. Real peace of mind.

Every lease comes backed by our highest standards – not just marketing fluff. Included in your protection plan:

Tenant Damage Coverage

We cover up to $3,500 in total reimbursement for physical damage, above the security deposit, caused by the tenant or their approved pet.

Eviction Protection

If a tenant we place needs to be evicted for any reason, not just nonpayment - we’ll cover up to $3,000 in court and legal fees, including attorney costs.

Releasing Support

If your tenant breaks their lease or is evicted within the first year, we’ll waive the leasing fee to find a qualified replacement -- at no cost to you.

Money back guarantee

Still unsure? Our six-month money-back commitment refunds up to 6 months of management fees if you’re not satisfied. No hassle, no hard feelings.

No long-term commitments

Stay because you want to, not because you have to. Month-to-month management with no long-term commitments required.

Risk and Fraud Protection

We protect your investment with rigorous tenant screening, secure payment systems, and proactive measures to minimize risk and prevent fraud.

Total Value:

over $10,000 in real, tangible protection.

See why 1000's of Property Owners & Realtors Trust us:

We handle the late night calls

You enjoy the profit

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