Serving All of Madras
At Utopia Management, we’ve been managing rental properties on the west coast for over 25 years. We can turn your Madras rental property into a successful, stress-free venture. Our team of real estate experts will help you navigate the Madras housing market and maximize the return on your investment.
Firstly, we get your properties rented quickly with advanced marketing techniques on an extensive online network. And don’t worry, we know that you don’t want just any tenant renting your property. You want the perfect tenant. We find the best tenant using a rigorous tenant screening process.
Day to day tasks will be fully off your shoulders, including rent collection, security deposits, repairs, maintenance, lease agreements, complaints, and even evictions. We use in-house licensed contractors to respond to calls quickly and affordably. For outside contract work, we have a list of businesses we’ve developed trusted relationships with to give you the best rates. You’ll have access to accounting 24/7 via an online portal and receive detailed reports every month.
We know how to market your property.
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
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
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 Madras located?
Madras is a city nestled in the heart of central Oregon, within Jefferson County. This vibrant community is situated in the scenic high desert region of the state, surrounded by breathtaking landscapes. It is located about 45 miles north of Bend, offering a convenient location for both residents and visitors to explore the natural beauty and recreational opportunities of the area.
What is the population of Madras?
According to World Population Review, Madras, Oregon has a population of 8,024 as of 2023, making it the 65th largest city in Oregon and the 3658th largest city in the United States. The city has a population density of approximately 1,285 people per square mile, covering an area of over 6 square miles. Madras is currently experiencing an annual growth rate of 2.19%, and its population has increased by 6.73% since the most recent census in 2020, which recorded a population of 7,518.
What are some popular activities in Madras?
Madras offers a diverse range of activities for visitors and residents alike. Outdoor enthusiasts can enjoy hiking, camping, fishing, and wildlife viewing in the surrounding natural landscapes. The city is known for its annual air show, which showcases thrilling aerial displays. Stargazing is also popular due to the area's dark skies. Golfing, cultural exploration, local events, and dining and shopping experiences add to the vibrant attractions of Madras.
Is real estate a good investment in Madras?
Madras, a flourishing city in central Oregon, has experienced notable activity in its real estate market in recent years. The city's attractive features, including its convenient access to outdoor recreational activities, picturesque landscapes, and relatively affordable cost of living compared to larger neighboring cities, contribute to its appeal for potential real estate investors.