Serving All of Pasadena
Although the expansive city of Pasadena is one of the largest cities in Los Angeles County, it was not always that way. In fact, this city started as a small resort town that was popular with tourists heading to the west coast. As famous residences and popular venues started appearing, population growth began increasing in kind. Today, this region houses approximately 140,000 people in single and multi-family homes. The homes situated throughout this widespread area are located in the 91101 through 91199 zip codes. If you have investment properties in the Pasadena area, you can receive help with management from Utopia.
Utopia Property Management has more than 20 years of experience managing investment properties in the Southern California region. Our full line of services enables you to remain confident in the profitability of your rental homes. The services our team can provide include:
Our marketing tactics have evolved as prospective renters started embracing web listings as the best way to find great rental homes. Our team lists your property on top performing websites to allow tenants from all over to view the photos and descriptions. We also hold regular in-person marketing events and place local ads to attract tenants who still use traditional methods to find available units in their area.
Our screening process quickly eliminates applicants with a negative rental history or inadequate income levels. With our 30-day tenant acquisition goal, we strive to minimize downtime between tenants without compromising on our diligence. The screening process includes several steps: from a background check, to identity verification, all to minimize your risk, as much as possible. By completing a thorough screening process, we can help reduce the chance of default on payments or damage to the investment property.
Our team provides consultations that bring your property management expertise to the next level. For the consultation appointments, you will learn how to prepare and present your investment properties to attract the next wave of tenants. We will also provide lessons on rent collection, report generation, and eviction procedures.
All of the units entrusted to our team receive maintenance and repair services from licensed contractors (Lic. #792427). Our repair professionals can diagnose and fix common problems in a short amount of time. For specialty repair issues, we always call in qualified third party professionals that we approve in advance.
Our team of accountants generates financial reports that help you understand the returns offered by each investment property on your roster. The financial reports keep you up to date on all of the expenses and revenue for your entire portfolio. You can utilize the Utopia web portal to access your reports whenever you have a moment for review.
Here at Utopia, we hope to use our skills and knowledge of the real estate market to maximize your profits. Our service line can help you acquire tenants, reduce turnover, maintain rentals, and watch finances to improve your investment success. With our assistance, you can net solid returns from all of your investment properties. You can give us a call anytime to begin receiving these helpful services.
ATTRACT TENANTS WITH PROPERTY MARKETING
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.
- Advertising on most popular rental websites
- Quality listings including photos and video
- Showings 7 days a week by appointment
- Utopia referral base increases visibility beyond competition
Apartment Management Services
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.
- Online rent collection and direct deposit
- Extensive experience across a wide spectrum of multi-family properties
- High visibility marketing and promotion of your property
- Tenant retention strategies
- Responsive communication with calls and emails answered swiftly
- 24-7 emergency response
- Full monthly accounting and financial tracking via online portal
Commercial Property Management
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.
- Comprehensive Management Services: building maintenance, marketing to target audience, lease administration, inspections, evictions and collections
- Monthly Financial Accounting Statements
- Tenant Retention Programs
- Vendor Management
- Contract Administration
- REO Management and Disposition
- CAM & Operating Expense Reconciliation
- Customized Asset Management Strategies
HOMES & CONDOS: RESIDENTIAL RENTAL MANAGEMENT
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.
THOROUGH TENANT SCREENING AND LESS THAN 1% EVICTION RATE
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.
- Exceptional property protection options for owners.
- Preparation, delivery, and execution of legal documentation for evictions.
- Optional “Utopia Eviction Protection Program” for additional peace of mind.
Quality Maintenance & Repairs
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.
- Maintenance & Rent Ready Repairs
- Technicians on Staff or Preferred Vendors
- 24 Hour Emergency Maintenance
- Move-in and Move-out Inspections
- Licensed and Insured Vendors
All Financials Tracked & Reported
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.
- Custom Web Portal
- Accounting staff make financial management easy
- Rent and security deposit collection online
- Bills and year end figures available any time