Discounts On Larger Portfolios
25+ years Experience
The city of Playa del Rey sits on the bluffs directly above the Pacific Ocean coast. Early residents flocked to this area to enjoy the rich surfing culture found at this beachfront paradise. Unfortunately, efforts to preserve the landscape using jetties eliminated the waves and dispersed the resident surfers. Current residents enjoy boating, swimming, and beachcombing activities available year round throughout this area. Since this neighborhood only features residential sections, residents must walk, bike, or drive to commercial spaces in nearby Santa Monica for shopping and employment. If you own a residence in the 90293 zip code area, you can receive management assistance from our team at Utopia.
With more than 20 years of experience, our team can help you with all of the most difficult tasks associated with managing investment properties. We help reduce turnover by finding ideal tenants, maintaining the properties, and providing assistance with managing finances. We can provide you with the following services:
Advertising Your Rental
Without ads in the right local and digital venues, your open rentals might go sight unseen for far too long. With a 30-day turnaround goal for our team, we utilize all of the modern and traditional marketing techniques at our disposal. To find quality tenants, we must hold local marketing events while maintaining a strong web presence for each of your open units.
The tenant acquisition process relies on our screening procedures to identify a suitable individual or family for each of your investment properties. We minimize risk of default, eviction, or property damage by ruling out individuals with less than stellar rental backgrounds. We also run verification checks on income, identity, and criminal background reports for all interested applicants. Only after a tenant passes all of the screening checks do we start the lease signing process.
Our team offers you the chance to learn more about property management through the consultation program. The consults introduce complex management procedures in an easy to understand format. You will learn how to prep your rental home for new tenants, market through the right channels, and set fair rent rates in each locale.
Maintenance and Repairs
We offer high quality maintenance and repair services for each of the properties we manage for you. Our licensed contractors (Lic. #792427) use time honored repair procedures to identify and fix the problem at hand. We can also utilize third party repair vendors to handle extensive issues that require permits or specialty licenses.
Once a month, our accountants generate highly detailed financial reports for all of your managed properties. The generated reports indicate your expenditures, revenues, and total profits for each unit. You can read the accounting documents anytime by logging into your Utopia web portal with your phone, tablet, or computer.
Here at Utopia Property Management, we pride ourselves on the ability to maximize your financial success when it comes to investment properties. Our team strives to minimize expenses to net you an impressive return on each rental by the end of the year. We always provide you with the assistance you need to remain in good financial shape while keeping stress at the lowest levels possible. Give us a call today to discuss how we can help you with your investment properties.
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.