Serving All of Cheney
Have you been considering putting your Cheney property on the market for someone to rent? If so, you are not alone in the thought of turning to rental income. This area is one that many people are wanting to move into, yet they are not ready to make the commitment to owning a home so they want to rent a home. The key to this entire process is ensuring that you have the right professionals on your side to handle the rental home. You do not want to attempt to do this on your own as you will find that it can be a huge headache. Those who do try this on their own often immediately regret the decision, and they are often the source of those rental horror stories that you hear.
So, how can we make it easier for you to rent your Cheney home to the market? As a full-service property management firm, we provide a litany of services that are meant to make it easier than ever for you to jump into owning rental real estate. Some of the services that we offer include:
- Getting your home ready for the rental market. We can make suggestions on what needs to change in order to do this to make it more intriguing to the rental market, thanks to our years of experience.
- Advertise this for you so that we reach the widest market that would be interested in this home.
- Go through the applications from those who want to live here and use our tenant screening services to find the best possible person for your rental home.
- Handle all the day-to-day managing of the rental home. This may include collecting rent and being the point of contact for your tenant.
In the end your Cheney home is in good hands with our 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 a competitive 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
Frequently Asked Questions
Where is Cheney located?
Cheney is a city situated in Spokane County, Washington, United States. It is located about 17 miles southwest of Spokane, on the eastern outskirts of the city. Cheney can be easily accessed by taking Exit 270 from westbound Interstate 90 (I-90). The downtown area of Cheney is focused around the intersection of 1st Street and Main Street.
What is the climate like in Cheney?
Cheney experiences a semi-arid climate with distinct seasonal variations. The region receives a moderate amount of precipitation, primarily in the form of rain. Summers in Cheney are warm and dry, with average high temperatures ranging from the upper 70s to mid-80s Fahrenheit (25-30 degrees Celsius). Winters are cold and often bring snowfall, with average lows in the mid-20s to low 30s Fahrenheit (-4 to 0 degrees Celsius). Cheney also has mild spring and autumn seasons. Overall, the city enjoys approximately 220 sunny days per year.
What are the transportation options in Cheney?
Cheney offers various transportation options for its residents and visitors. The primary mode of transportation is by car, thanks to well-maintained road networks and convenient access to Interstate 90 (I-90). Spokane Transit Authority (STA) bus services are available in Cheney, providing public transportation within the city and connecting it to neighboring areas. Bicycling is also popular, with dedicated bike lanes and routes for cyclists. For air travel, Spokane International Airport (GEG) serves as the nearest major airport, located approximately 14 miles northeast of Cheney, providing convenient flight connections.
What is housing like in Cheney?
Cheney offers a diverse range of housing options to suit different needs and preferences. The housing market in Cheney consists of a mix of single-family homes, apartments, and student housing. Residential areas feature a variety of housing styles, including ranch-style homes, craftsman houses, and more. For those seeking rental options, there are apartments and townhomes available, providing flexibility and affordability. Given the presence of Eastern Washington University, there are also dedicated neighborhoods and complexes that cater specifically to student housing, offering convenient living arrangements for university students. With its wide range of housing choices, Cheney provides opportunities for individuals and families to find the right home for their needs.
Is real estate in Cheney a good investment?
Investing in real estate in Cheney is a promising opportunity indeed. The presence of Eastern Washington University ensures a consistent demand for rental properties, which can provide a stable income stream for investors. Over time, real estate values have demonstrated a tendency to appreciate, although it's important to note that market conditions can vary.