Serving All of Newport Beach
Newport Beach is a quite affluent city in Orange County neighboring Irvine – with more than a quarter of all residents reporting an annual income of more than $200,000. The median value of homes in Newport exceeds $1 million, and residents enjoy a mild, sunny climate that boasts annual high temperature averages of approximately 70-degrees. Home to Balboa Island, the Back Bay, Lido, and Newport Harbor, Newport Beach is an oceanfront paradise that enjoys a healthy real estate market. If you own rental property and are seeking Newport Beach property management services for your particular units, contact Utopia Property Management today. We’ve become the largest management company in Southern California over the past twenty years, and we’re excited at the opportunity to support your Newport Beach-based rental.
We offer a comprehensive suite of management services, each one designed to maximize your rental revenues and minimize unnecessary expenses. When it comes to earning solid returns on your investment properties, partnering with a management firm who understands the nuances of your local market is key. Our property managers are highly attuned to the subtle differences among each neighborhood and community in Southern California – helping to drive top-of-market rents and minimizing vacancies. Some of our Newport Beach rental services include:
Marketing: We will employ a sophisticated and effective marketing campaign that will drive prospective tenants to your listing and ensure a quick time-to-contract. Traditional marketing methods combine with the latest in web-based listing services to highlight your property. In fact, we’ll market your listing on a wide array of unique, top-performing websites. Finding the right tenant has never been easier.
Tenant screening: You want to be quite sure that you’ve found the right tenant for your Newport Beach property, so we’ve created an extensive screening process that results in tenants who embody positive character traits and an ability to manage the rental costs. Background and credit checks help uncover any derogatory credit concerns, while employment, income, and identity screening helps determine candidate viability.
Management and consulting: Our local market experts can provide guidance with home or office staging, transitioning from owner occupied to rental, or helping to set market level rents. With an in-depth knowledge of the Newport Beach area and surrounding cities, our property managers are a terrific resource for any property owner.
Maintenance: There is no reason to bother yourself with property management and maintenance issues. We operate under a general contractor’s license (Lic. # 792427), which allows us to complete most repairs and maintenance activities in-house – often at less expense and hassle than if you were to arrange the repairs yourself.
Accounting: The financial performance and health of your investment property is obviously a prime consideration. Our accounting team will compile a comprehensive report that details all of the revenue and expense line items for the past month. This report is then sent directly to you via your Utopia web portal.
Utopia Property Management is more than just the largest property manager in Southern California – we pride ourselves on creating an unbeatable experience for our clients and their tenants. When you’re ready to maximize your rental income potential and minimize the normal hassles that can be a part of any real estate investment – contact us. We’re looking forward to your call!
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