Discounts On Larger Portfolios
25+ years Experience
Utopia property management is one of largest companies to provide property management in Brea, CA . We are a locally owned family company that tries to provide the service our client’s desire. Brea is one of the areas that we service, but we actually manage property throughout Southern California including Corona Del Mar, Fountain Valley and Irvine. We manage single-family homes, condos, apartments, office and commercial centers. If you are interested in getting a management proposal feel free to call us. Our office can usually create a proposal in about a day depending on the property type.
You should choose Utopia’s Brea property management services because we will get the job done. Property management is difficult and needs an experienced hand. Utopia property management is very cost effective, most owners would tell others to use our services. The service that we provide our owners many times actually saves them money. Our experience with dealing with tenants usually will result in a better outcome for our property owners. Some examples of this are security deposit refunds. Many owners tend to be too stingy in some areas and don’t charge for other items that wouldn’t be a problem to charge for. Another example of cost savings is the many different vendor discount that our company passes along to our clients.
Property management services include maintenance, accounting and management. Maintenance service for property management in Brea can vary from plumbing to landscaping. Property management requires good maintenance services at a reasonable cost. Our maintenance is routed through our maintenance coordinator. The maintenance coordinator is responsible for creating a work order and getting the approval for assigning the work from the manager. The manager may need to contact the owner prior to approving the work order depending on the working relationship. Our accounting department reports on all activity on a monthly basis and sends reports to our clients. The manager has the job of dealing with any and all issues that come up on the property. The manager is usually in the middle between the owner and the tenant.
To be your representative, Our Company requires you to sign a property management contract. You also need to provide us specific information regarding your needs for property management in Brea. Condo owners need to provide the information of their HOA Company that currently manages the property. Other requirements are having a landlord property insurance policy that names our company additionally insured. The requirements outline here will be given to any prospective client in our initial on property meeting. This meeting will help owners understand the scope of our service and what they can expect from Utopia. Items discussed at the property are usually what need to be done to the property prior to rental, future goals and an estimate of market value. We determine market value by checking the comps in the area and add or subtract value based upon the specifics of the property.
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.