Serving All of Riverside County
Utopia Management is the leading rental management company in Riverside County. With over 25 years of experience with rental portfolios of all sizes, including commercial warehouses and retail centers, apartment buildings and complexes, and single-family residential homes, we have established our place as the local industry leader. Our licensed professionals are located throughout COUNTY, with first-hand knowledge of market trends and established referral lists.
From tenant screening and placement to emergency maintenance calls, we offer a wide range of options for full-service rental property management, customized to fit the investment goals of each client and their property. Through prompt attention to tenant communications and concerns, and convenience provided through online portals for submitting standard maintenance requests and monthly rents, we increase tenant satisfaction and retention. Thorough screening practices and a finger on the local market’s pulse allow us to consistently fill properties at the best rental rates to well-qualified tenants, and maintain our low delinquency and eviction rates.
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
To the East of Los Angeles is the Riverside-San Bernardino-Ontario metropolitan area. Per US Census records, the area is over 27,000 square miles and is home to approximately 4.5 million people.
Once a major center for citrus, dairy, and wine-making, the Riverside and Ontario regions have more recently (since the 1970s) turned towards residential, commercial, and industrial development.
Retail Trade, Health Care & Social Assistance, and Educational Services are the largest industries in this are. The highest paying industries are Utilities (approx $73,013); Public Administration (approx $65,491); and Mining, Quarrying, Oil & Gas Extraction (approx $61,016).
The median household income in Riverside, CA is approximately $66,900. The median income in Ontario, CA is approximately $57,544.
Ontario has more than 100 million square feet of industrial manufacturing and distribution space. Three major interstates and two railroads for both passenger and freight travel all run through Ontario, providing access to ports in Southern California and across the US.
According to Global Traveler, the Ontario International Airport (ONT) is the fastest growing airport in the US.
The Mission Inn Hotel & Spa in Riverside began as a boarding house in 1876, and is now an award-winning hotel with over 200 rooms. The iconic hotel houses a free museum, featuring artwork, furniture, and religious relics from across the globe, dating as far back as 1247.
The population of Riverside is approximately 320,000; Ontario roughly 170,000.
Riverside’s median home value is $319,200 and median rent $1,249. Ontario, CA has similar median home values but higher rents at a median of $1,353.
Average Rental Rates in the Riverside-San Bernardino-Ontario Metro (RSBO) vs National Average (US)
The cost of living for almost everything in the Riverside/Ontario area is higher than the national average. Overall costs, grocery, housing, home price, utilities, transportation, and misc expenses. However, the overall cost of health care in the area is about 20% less.
With above-average schools, lots of coffee shops, and beautiful parks, Riverside and Ontario have a suburban feel and are favorites among both families and young professionals.