Serving All of Escondido Village
Located adjacent to the world renowned Stanford University in Northern California, Escondido Village is a master-planned community of one, two and three-bedroom apartments and townhomes – perfect for young couples, growing families or grad students looking to stay close to campus. Escondido Village is an integral part of the community, but the local housing market is ideal for both students or those who simply need to live near the campus.
If you own rental property in or around Escondido Village, partner with Utopia Management to create a lucrative portfolio of high-performance rentals. We offer a range of services, including:
Property marketing: We’ll use both traditional and web-based advertising tactics to ensure your property receives plenty of attention on the rental market. From open house events and around town signage to strategic ad placements on all the leading real estate websites, our mission is to secure a contract and have a renter in place in 30 days or less.
Tenant sourcing: Finding a tenant is the first step, but the most critical moment is the tenant verification stage. In this step, we’ll ensure your tenant meets our standards for income, employment, credit, rental history and more. This helps minimize the chance of evictions or late payments.
General management and consulting: We can do it all – from collecting the rent or staging a home for a showing, to contract negotiations and more. And, you can choose between full service property management plans or a simple consultative relationship. Either way, we’ll always be in your corner.
Maintenance support: Creating the best experience for your tenants means proper upkeep of your rental homes. We make this a simple, affordable and stress-free affair – thanks to our team of highly-skilled, licensed repair and maintenance professionals. Simply place a service request through your online portal and we’ll take care of everything!
Financial record-keeping: Knowing exactly how your properties are performing is an important part of portfolio management, so we make it as simple as possible for you. Our expert accountants will prepare monthly financial statements and send them directly to your Utopia Web Portal for quick review.
Escondido Village is a unique locale near Stanford University, and it offers investment property owners the ability to leverage the school’s powerful demand to charge strong rental rates and realize low vacancies. For more information on how we can help you grow your rental property portfolio, contact Utopia Management today!
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
The sprawling metro area and busy downtown of San Jose make up the largest city in Northern California, and the 3rd largest in the state, with just over 1 million residents.
San Jose Resources for Renters: https://www.sanjoseca.gov/your-government/departments/housing/renters-apartment-owners
San Jose Downtown Association, Business Development – Resources, Incentives, Zoning, and Permitting https://sjdowntown.com/business-development/
San Jose’s Best Things to do: https://www.tripadvisor.com/Tourism-g33020-San_Jose_California-Vacations.html