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Reno Property Management Company

Serving All of Reno

Located 50 minutes East of Lake Tahoe, Reno is affectionately known as “The Biggest Little City in The World”. Why is this? Because it is the second most popular city in the entire state as it has so much to offer to those who are looking to live here. Not only does it have numerous casinos, restaurants, and bars, but it also has some of the best weather that can be found on the West Coast. Offering many outdoor activities, and boasts the highest number of 5-star ski resorts all within 1 hour of each other. For those who already live here, they will find that there are ample opportunities to get into the rental market as people are always looking to move here but may not be ready to buy a home just yet.

Are You Ready?

Are you ready to dive into the rental property market? You will find that in the Reno area, many apartments or duplexes can be found. However, that does not mean that a single home is out of the question when it comes to rental properties. The question that homeowners and individuals need to ask themselves is, are they ready to be a landlord? There is a lot of time and devotion that goes into being a good landlord, and this is something that not everyone has the time to do…that is where we can help.

Our Services

We are a property management company that knows the Reno area. We know what it takes to be a great landlord, providing the highest possible level of property management services. We step in and fill this position with ease. We handle the advertising of your rental onto the Reno market, getting applications for those who are interested, finding the best-qualified tenant for your needs, and then the actual landlord process of collecting rent and ensuring everything is up to date.

Property owners who choose to let Utopia Management Reno handle this process will find that this makes their lives easier. They are not on call 24/7 for the rental property because they chose to let the best property management company handle the hard work!

Our Local Office:

Utopia Property Management

200 S Virginia St 8th floor

Reno, NV 89501

(775) 210-1111

Also Serving: Sparks, Clark County, Northern Nevada, and Carson City

Utopia Management is licensed with the Nevada Real Estate Division under broker number B.0144830.CORP and licensed in the state of Nevada under Nevada Business ID  NV20232845826

Property Management Office Serving Reno, NV

  • Property Management Company
  • Rental Management
  • Property Investment Company
  • Property Maintenance
  • Real Estate Consultants
  • Apartment Rental Agency
  • Commercial Real Estate Agency
  • Industrial Real Estate Agency
Marketing Logos

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 offers high quality and full service property management to a large network of Reno single family homes of all sizes and values. Our residential property 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 over 25 years of 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 and rent payments, communicate with tenants, and maintain properties efficiently. We understand local law and legal aspects of rental management so we shield our owners and their real estate investment from unnecessary liabilities.

For residential properties, such as single family homes, multi family, townhomes, and vacation rentals, 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, leasing fees, or set-up fees.

Please consult with Utopia Real Estate for more information about new home opportunities, realty services, the Reno real estate market, the Clark real estate market, and more.

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 Reno, NV?

Reno is a city in the northwestern region of Nevada. It sits along the Nevada-California border just 22 miles north of Lake Tahoe.

What is Reno known for?

Reno, Nevada is known for its casino and tourism industry, and is nicknamed "The Biggest Little City in the World." The city is named after Jesse L. Reno, a solider killed at the Battle of South Mountain during the American Civil War.

What is the median home price in Reno?

The average home price in Reno is about $565,000, which is a 1.5% decrease from the previous year, as the Reno housing market is cooling down.

Reno Highlights

Million

(Population 2007)

Percentage of Renters

$

1 Bed

$

2 Beds

$

3 Beds

Median Rent (2019)

Elly Johnson stands at the forefront of content research and online branding at Utopia Management. As the Content Marketing Manager, she delves deep into understanding local real estate and rental markets, fueled by her passion for travel and keen research skills. Elly is dedicated to empowering individuals with the knowledge they need to make informed decisions about where to reside. A proud alumna of the University of South Florida, located in the vibrant heart of Tampa Bay, she holds a Bachelor of Arts in Psychology. Her academic background and extensive travel experiences uniquely position her to provide insights that resonate with diverse audiences.

Reno

Reno sits at just over 4,400 feet, providing its residents and visitors with warm summers and cold winters. Due to where it sits geographically, there is around 300 days of sunlight per year, providing the people with ample time to enjoy themselves in the outdoors, enjoying activities like hiking and backpacking in the neighboring mountains. Before Reno became known for its casinos, night life, and activities under the sun, it was an old mining town in the early 1800s. Pioneers would travel here in hopes of finding business near the Truckee river, with wishes to make a fortune on the gold and silver boom. As time went on and the boom of precious metals ended, Reno transitioned to a new economy based on business and agriculture. It was in 1931 that gambling became legal in Nevada, and the city of Reno quickly became a hub for anyone looking to test their luck and win big.

 

Reno attracts most of its tourism from its gambling industry and thriving nightlife. There are many large-scale hotel casinos in the area, allowing guests to enjoy hours on end of Las Vegas-style gaming. If that is not appealing to you or your family, then there is much more to do beyond these activities. Every year Reno hosts the Great Reno Balloon Race, which is the largest hot-air ballooning event in the country and is completely free to anyone who shows up. When looking to kick up the excitement, the Reno Air Races is a weekend-long spectacle where the world’s fastest motorsport takes place, providing guests with multi-lap races, and exhilarating air demonstrations. When looking for something a bit quieter, the Riverwalk district is the perfect idea for a family getaway, where you can swim, picnic, or even go rafting. The cost of living in Reno is $370,000 which is only 7% higher than the national average. The homeownership rate is at 58.2%, implying that 41.2% of all residents are renting their property.

 

The average rent of a one-bedroom apartment is $1,268

The average rent of a two-bedroom apartment is $1,440

The median price for a home is $403,318

 

Utopia Management seeks to provide the highest quality of Reno property management possible. Despite the many benefits of property investment, owners in the Reno housing market still have to worry about the abundance of hassle. Between working with renters, homeowners associations, and vendors, being a landlord can be a full-time job. Savvy Reno investors can turn to the Utopia management team for all their property management needs, including on time rent collection, property maintenance, evictions, projected rental income and accounting, HOA compliance, and more.

Utopia Property Management Reno, NV Rental List

Utopia Property Management Sparks, NV Rentals

Reno, also known as the biggest little city in America, is in the northwestern area of Nevada about 22 miles from Lake Tahoe. The great Sierra Nevada mountains shadow the area, giving it a picturesque landscape one could only dream of.

 

City of Reno website

 

Reno travel website

 

Reno local businesses

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