Discounts On Larger Portfolios
25+ years Experience
Isla Vista (zip codes 93117 and 93199) is located at the southern coast of Santa Barbara County, approximately 13 miles away from the City of Santa Barbara. Isla Vista is unincorporated and is fully managed by county funds. Investment property owners are often interested in Isla Vista rental properties, because the area is a popular budgetary refuge for UCSB (University of California, Santa Barbara) students fleeing the high cost of housing in Santa Barbara.
To help you get the word out about your Isla Vista property, our team of local agents and property management professionals will prove invaluable. From good old fashioned networking to the high-tech blanketing of the real estate inter-webs, you can rest assured that we’ll get the word out about your Isla Vista property and attract the broadest possible pool of qualified candidates. By casting a broad net, we’ll quickly identify the tenants who will be able to pass our required background checks and pay their rent on time, while also being good stewards of your property.
The idea of “the perfect tenant” sounds good, but it doesn’t really mean much unless you’ve got real data to back up the claim. One of the things that sets Utopia apart from other property management companies you might find in Isla Vista is that we go the extra mile when it comes to qualifying tenants. From background checks to credit checks, to verification of employment income (and that’s just the beginning) we are thorough and risk averse. We also look out for any eviction records associated with any interested parties. And to ensure that the property is well cared for by the tenant, we photograph it thoroughly prior to the tenant’s occupancy.
For the past 20 years, property owners have trusted Utopia Management. We manage a variety of property types including:
-Office buildings and other commercial real estate
Our strategy is designed to maximize the value of your real estate portfolio. We are proficient at staging your home or office for the public, and ensuring that it’s always prepared for a showing. Our years of experience in the Isla Vista market has left us with a strong fundamental understanding of the property market both in Isla Vista and its surrounding area.
To save money for our clients, we try to resolve all maintenance issues in-house whenever possible. We operate under a general contractor's license (Lic. #792427). In the event that service from a third party is needed, we work with an approved and heavily scrutinized vendor list.
We understand that investment property owners want assurance that their investment is receiving proper financial management. Our professional and dedicated accounting team ensures that our clients get up-to-date information about the financial performance of their property. We have a secure web portal that our clients can use to view reports, accounting statements, operating statements, etc. Our accounting team also makes life easy by paying monthly bills on behalf of the property owner. At the end of the year, a clear picture of the overall health of the property is given in the form of an end-of-year income and expense statement.
Contact us today to learn more about our full suite of services!
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 an all inclusive 8% 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.
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.
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.
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.
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.
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.
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.