See where every dollar of your rent goes.
Open Ledger manages residential and commercial property across Los Angeles County. Every month you get an itemized statement with a receipt behind every charge.
Get a proposal See what owners receive| Oct 1 | Rent received | $2,450.00 |
| Oct 6 | Garbage disposal replaced receipt | −$186.40 |
| Oct 14 | Smoke detector check | $0.00 |
| Oct 31 | Management fee, 8% | −$196.00 |
| Paid to you | $2,067.60 |
A sample of the statement every owner receives. Figures are illustrative.
What we manage
One point of contact for leasing, maintenance, rent and reporting, whether you own a single house or a building full of tenants.
Single-family homes
For owners renting out a house or condo.
- Tenant screening and leasing
- Online rent collection
- Maintenance and move-in inspections
Small multifamily
Duplexes through roughly twenty units.
- Unit turnover and vacancy marketing
- Vendor coordination and bids
- Rent control and local compliance
Commercial
Retail, office and mixed-use space.
- Lease administration and renewals
- CAM reconciliation
- Building systems and vendor contracts
Your monthly statement
Most owners only see a deposit and a total. You see each line that produced it.
- Every charge itemizedEach repair, fee and payment is its own line with a date and a description.
- Receipts attachedClick any expense to see the invoice or receipt behind it.
- Approval before large repairsAnything over the limit you set waits for your yes, except true emergencies.
- Year-end tax packageYour 1099 and a full-year summary arrive in January, ready for your accountant.
- A separate trust accountYour rent and your tenants' deposits are held apart from company funds and reconciled every month.
How we get started
Most properties are fully onboarded within three weeks.
Intro call
We talk through your property, your tenants and what you want from a manager. Twenty minutes, no obligation.
Walkthrough and proposal
We visit the property, review leases and condition, and send a written proposal with fees spelled out.
Handoff
We introduce ourselves to your tenants, set up rent collection and open your owner statement.
Why Open Ledger
We manage every property as if it were our own. That means getting three bids before a big repair, fixing small problems before they become expensive ones, and keeping good tenants long enough that you're not paying for vacancies and turnover.
It also means keeping your books ready for tax season all year. Every repair, mileage trip, insurance payment and improvement is categorized as it happens, with the receipt attached, so your accountant can claim every deduction you're entitled to and nothing slips through the cracks.
Lower costs, fewer vacancies and no missed deductions add up to the same goal: more of your rent ends up in your pocket.
- Service area
- Los Angeles County
- Property types
- Residential and commercial
- Statements
- Monthly, itemized, with receipts
Get a proposal
Tell us about your property and we'll reply within one business day.