Discounts On Larger Portfolios
25+ years Experience
Parkwood Property Management
We all can agree that owning rental property is something that you can invest in and put onto the rental market is going to be an investment that pays off in the future. However, before you decide to jump into this without thinking, we do recommend that you consider all that Parkwood property management can do for you. There are several benefits to working with us that have been proven by various landlords who hand their property over to us to handle. Just, what are the reasons to work with us?
We get you higher quality tenants. This is huge. Remember, that having a great tenant is going to make this entire process that much easier on you. You will find that the investment really starts to make sense when you have a quality tenant that is going to pay on time and treat your property with respect.
If you work with Parkwood property management, you will find that the legal problems you could face as a landlord are going to be minimized. We have the knowledge to avoid legal issues that can cost a ton, often making you think twice about having rental property.
Those who work with a property management firm often find that there are shorter vacancy cycles with their rental home. The reason being is that when we know the home will be vacant, we can make arrangements to already start getting in the next tenant so that you do not see the loss of profit on this investment.
In most cases, those who work with a property management firm find that there is a better tenant retention rate. This is due to our system that is designed to have happy tenants who want to live in this home longer than just six months or so.
Since we are handling the issues that are surrounding the property, you will find that the stress that you feel is going to be a lot of less than if you were to try to do this on your own. Less stress is often one of the biggest reasons that our clients give for working with us.
Those who decide to put their rental home onto the market are going to find that this can be a lengthy and complicated process. Consider this scenario: would you tackle a car repair on your own without really knowing what you were doing? No, you would not. If you are new to the real estate market and entering into the rental market, then you should have the professionals at Parkwood property management on your side, handling the heavy lifting. Otherwise, you may find that one mistake costs you so much that you decide to get out of the rental market.
Overall, the rental market is a great investment. The key is that you need to make sure you are prepared to go into this. Simply put, we prepare you and your home to be on the rental market.
Utopia represents a large network of single family homes of all sizes and values. Our residential professional management services both attract and keep tenants happy while keeping owners expenses and vacancy rates down. Our goal is to free you from the day-to-day management tasks, from showing properties to collecting rent in our online portal, while maximizing your ROI.
With 25 years experience, you can rest assured your property is in good hands. Our years in the industry mean we’ve seen it all, and developed smart systems to screen tenants, manage expenses, communicate with tenants, and maintain properties efficiently. We understand local law and legal aspects of rental management so we shield our owners from unnecessary liabilities.
For residential properties, we offer an all inclusive 8% management fee, which is one of the lowest in the industry. Unlike some competitors, we do not add on hidden charges or leasing or set-up fees.
Owning an apartment complex brings a unique set of challenges. Utopia has spent years developing skills and systems to make your investment as profitable as possible. We manage apartment communities of all sizes, providing quality management services to suit the diverse needs of each apartment community. We provide comprehensive rental management, including scheduled property maintenance and rent-ready repairs, online rent collection, marketing and attracting quality tenants, lease execution, rent setting, and tenant retention programs. Our responsive managers help tenants feel welcomed and appreciated. Our experience leads to decreased vacancy rates and increased ROI. And our expertise and professionalism translates to profitable and headache-free investments for our clients. For an affordable quote and to discuss your needs, contact Utopia today.
When it comes to commercial property investments, Utopia’s property managers are professional and think like entrepreneurs. Investors have trusted Utopia for years for all types of commercial property: medical buildings, industrial and office complexes, mixed use, and retail storefronts. We offer extremely competitive management fees, customized to the size and complexity of your property and portfolio.
Finding excellent tenants starts with making sure your property is visible and attractive. We install professional signage, create quality listings, describing your property thoroughly, and take beautiful photographs that showcase your properties highlights. We then list your property on all of the highly trafficked rental websites, including utopiamanagement.com. Our dominant position in the marketing place and years managing rental properties has allowed us to develop a sizable referral database. This positive reputation for being fair and responsive means many potential renters check with us first to find their rental home. We are able to consistently rent properties priced at current rates to qualified tenants. Our responsive property managers complete the marketing optimization by being available and knowledgeable, with phones and emails always answered swiftly.
Placing the right tenant is the single most important step in rental management. Our applicant screening includes income, rental history, employment, and eviction search to evaluate for potential delinquency issues. We verify identification, social security cards and pay stubs, along with contacting prior landlords for recommendations, keeping the delinquency rate to a minimum. Our thorough screening process for potential tenants has consistently kept our eviction rate at less than one percent.
Utopia also provides our owners with the optional “Utopia® Eviction Protection Program” for further peace of mind. As a management company, we have many procedures in place to assist in the elimination of potential liabilities.
Maintaining your rental property, as well as being available to deal with emergency repairs, can be a source of frustration for landlords. At Utopia, we have a staff of in-house technicians available for most work, under general contractors license (#792427), meaning we can complete work as quickly as possible and pass the savings on to our clients. When necessary, we also have a network of trusted vendors for specialized work, some of which we have been using for over fifteen years. This relationship translates to purchasing power to help Utopia’s clients get a better than market price.
Managing both expenses and income is all handled by our accounting department with use of your owner web portal. Tenants appreciate the ability to pay rent online, which also decreases delinquency. All expenses and receipts are tracked online and available to you at any time. A monthly statement includes all financial activity and copies of the bills we paid on your behalf. Your December statement has all of your annual figures for tax purposes. If you ever have questions regarding your statement, you can contact one of our helpful accounting staff members.