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Tacoma Property Management
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Affordable Rates
Discounts On Larger Portfolios
25+ years Experience
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EXPERT MANAGEMENT OF ALL RENTAL PROPERTY RELATED SERVICES INCLUDING:
- Advertising on the most popular rental websites, including UtopiaManagement.com
- Market research on rent values of local competitive properties
- Quality grade photography and attractive listings
- Thorough tenant screening
- Showings 7 days a week
- Online Rent Collection and direct deposits to owners
- Professional lease management and enforcement
- Full service maintenance utilizing our preferred vendors or in-house technicians
- Move-In and Move-Out inspections
- Up to date on federal, state and local real estate laws
- Full accounting and monthly statements
- Real estate portfolio strategies
Serving All of Tacoma
As an established property management company throughout the West Coast, Utopia Management has been trusted for over 25 years to oversee full-service administration of rental investment properties. From owners of individual properties to large investment firms holding thousands of apartment units, we have the rental management experience for properties of any kind. Our expertise and trained property managers provide both residential and commercial real estate management. A comprehensive list of rental property management services include property marketing, tenant communications, leasing, tenant screening, maintenance both routine and emergency, and online rent collection.
Clients of Utopia Management can rest assured that our experience, use of the latest technology, and customized plans for the unique needs of each property will foster the growth of their portfolios. Let us smoothly handle the day to day management demands and deliver you a carefree investment with maximum ROI. We are your partner in successful real estate rental investments.
Residential Property Management for Homes and Condos
We list and manage a large selection of single family homes, townhouses, and condominiums of all sizes and values in Tacoma. Our fee for residential properties is fully transparent with no hidden leasing or setup fees, at an extremely competitive 8%. All rental management services are included: marketing properties with greater visibility, collection of monthly rental payments with online options, leasing, screening, and providing ample options for quality and quick repairs. All accounting records are made accessible through monthly statements provided via your personal and secure online portal. We help owners of just a single property to investment groups with a large portfolio. Our property owners appreciate the way we handle everything that comes up with professionalism and organization. Choose Utopia as your property management company and watch your headaches diminish and your returns increase.
Apartment Management Programs
When it comes to apartment community management, organization and experience are paramount. Our goal is to help safeguard owners and landlords from unnecessary legal liabilities, improve overall tenant satisfaction and retention, and increase profitability. We accomplish this through expert handling of any needs for your property, no matter the size. From a single duplex or triplex to hundreds of units, our licensed property managers, local to the area of your property, are here to help maintain your investment as a headache-free source of income.
- Move-in and move-out inspections.
- Rent-ready repairs and renovations.
- Regular and emergency maintenance call response.
- Continuous marketing and promotion of your property.
- Exhaustive rental history screening of all applicants.
- Constantly updated market research to secure ideal rental rates.
Business-Minded Management for Business-Related Properties
Commercial property management requires the understanding of the specialized needs of commercial tenants and properties. We professionally handle leasing and investment strategies for office, retail, and industrial spaces through use of practiced and fine-tuned methods and techniques. For commercial real estate management, we tailor our solutions and fees to the specific needs and complexity of each property, giving our clients the most economical option for all-encompassing administration of their rentals.
- 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
Unmatched Property Marketing Power
We increase the range of visibility for your property by placing attractive listings on the top websites for rental property searches, including utopiamanagement.com, along with signage at the property and the Utopia Referral Base. Greater exposure means more interest from qualified potential tenants, giving us the ability to occupy rentals with eligible tenants and minimal vacancy time. Our strong presence in the market has led to many renters beginning their property searches with us. We offer online scheduling options for showings available 7-days a week. Utopia Management’s staff of licensed professionals is local to the area of your property, giving them the constant insight into market trends and knowledge of the most beneficial rental rates for the area.
- Customized and targeted marketing solutions.
- Showings by appointment seven days a week.
Full Rental History Screening
To eliminate unnecessary legal liabilities and delinquency, we thoroughly screen all applicants and select the best-quality tenants possible. Placement of the right tenant is possibly the single most important aspect of successful rental property management, with less chance of expenses resulting from a renter’s misuse or negligence of the property, or worse. Quality tenant placement also results in lower evictions, and Utopia Management proudly maintains less than a 1% eviction rate for our clients. We go beyond just checking employment and income by also verifying licenses, social security cards, and pay stubs. Industry-specific credit reports are obtained with past eviction record searches, and further including contacting previous landlords for renter references. We also offer the optional “Utopia Eviction Protection Program” for added safeguarding and peace of mind.
Reliable Quality Maintenance and Repairs
After decades in the market, we have had the opportunity to partner with many local vendors for maintenance and repair needs of all sized and scope. Our business relationship with our list of preferred vendors typically means we receive lower than market rates for services needed. For regular maintenance or specialty and difficult needs that may otherwise be difficult to outsource, the use of our in-house technicians (through general contractor’s license #792427) provide a reliable and cost-effective option. At Utopia Management, we handle it all, from move-in and move-out inspections with video, to 24-hour emergency call response.
- Experienced in-house maintenance staff and long-standing relationships with outside vendors.
- Prompt and professional communication with tenants.
- Move-in and move-out inspections with video.
- Work closely with service providers and vendors to ensure quality and completion.
24-Hour Access to Financial Records
The accounting team at Utopia Management handles all income and expenses on your behalf with detailed reporting. All transactions are catalogued on monthly statements sent through your secure online portal, with full details and copies of any bills or invoices paid. At the end of each year, annual statements are provided with yearly figures to aid in streamlined tax filing. Tenants are provided with their own portals online to facilitate easy deposit and monthly rental payments. Our accounting staff is just a phone call away and happy to assist with any questions or concerns you may have about your statements or properties.
Tacoma Highlights
200Thousand
Population (2007)
48
Percentage ofRenters
$1505
1 Bed
$1822
2 Bed
$2205
3 Bed
Median Rent (2021)
- Homeownership low at 57% and expected to stay flat for at least 5 years.
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