Barnaby Property Management

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Serving All of Barnaby

Do you currently live in the Burnaby area and have decided that it may be time to build a larger home or move into a larger home? If so, what are you going to do with your current home? While you could put this onto the market and hope that it sells soon enough for you to get in the home that you want, there is always a risk that this home will sit on the market for months. The other option that you have is to put this home on the rental market.

 

Many people have fears when it comes to putting a home on the rental market. They fear that this is a huge time commitment…and it is. They have a fear about finding the right tenant, as many people have heard horror stories about a wrong tenant that ends up destroying the home. They wonder if this is getting them into a situation in which they will later regret. All of these worries are something that we completely understand. However, we want to put those worries to bed for you. We are a full-service property management firm that deals with Burnaby property.

 

How do we put those fears to rest? Essentially, when you hire us for your Burnaby rental property, we handle it all for you. Whether you want to have a complete hands-on approach, we help you. Maybe you want to be completely hands-off, then we handle it in your stead. Just what all do we handle?

 

We start with the advertising of the home to find the best possible tenant. Then when people start to want to see this, we show it and accept the application to live in this home. We use our years of experience to ensure that we find the best tenant possible. When this person or persons move into the home, we then handle all the day-to-day management of this.

Property Management Office Serving Barnaby, WA

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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

Frequently Asked Questions

Where is Burnaby located?

Burnaby is a vibrant city located in British Columbia, Canada, in the Lower Mainland region. Situated just east of Vancouver, it enjoys a prime location with easy access to the surrounding areas. The city is bordered by the scenic Burrard Inlet to the north and the majestic Fraser River to the south, offering stunning natural landscapes. Burnaby is renowned for its diverse neighborhoods, encompassing residential, commercial, and industrial districts. With excellent connectivity through highways and an efficient public transit system, Burnaby provides seamless access to neighboring cities and attractions. Its strategic position in the Greater Vancouver area makes Burnaby an ideal central hub for both residents and visitors, offering a wealth of opportunities for work, leisure, and exploration.

What is the population of Burnaby?

Burnaby, a vibrant city in British Columbia, has experienced steady population growth. The latest estimate for 2023 puts the population at approximately 270,204 residents, reflecting a growth rate of 1.56% annually. In 2012, the population stood at 233,545. These population figures are based on the UN World Urbanization Prospects, considering the urban agglomeration of Burnaby, which encompasses the city and its surrounding suburban areas. The city itself covers a land area of just over 38 square miles. With a population density exceeding 6,380 people per square mile, Burnaby showcases its dynamic and bustling nature.

What are the amenities in Burnaby?

Burnaby, known for its array of amenities, caters to the needs and interests of its residents with a diverse range of options. The city boasts numerous parks and green spaces, perfect for outdoor activities like picnicking, walking, and jogging. Shopping enthusiasts can indulge in a vibrant retail scene, with various shopping centers, retail districts, and malls showcasing a wide selection of stores and boutiques. Burnaby also prioritizes recreation, providing well-equipped community centers, sports complexes, and swimming pools that cater to fitness and leisure activities. Food lovers can explore the city's culinary scene, which offers a plethora of dining options spanning different cuisines. Burnaby ensures the well-being of its residents through accessible healthcare facilities, educational institutions, and libraries, offering quality services and resources. With its abundant amenities, Burnaby provides a well-rounded and fulfilling lifestyle for its residents.

What are the transportation options in Burnaby?

Burnaby boasts a well-developed transportation network that ensures convenient connectivity for both residents and visitors. The city is served by an extensive public transit system, including a network of buses and the SkyTrain rapid transit system, offering efficient and reliable transportation options throughout Burnaby and beyond. Major roadways, such as Highway 1, provide easy access to the city and neighboring areas, facilitating smooth travel by car. Burnaby also promotes active transportation with its well-planned cycling infrastructure, featuring bike lanes and paths that encourage cycling as a convenient and eco-friendly mode of transportation. With its comprehensive transportation options, Burnaby ensures that individuals have a variety of choices to navigate the city conveniently and efficiently.

How is the cost of living in Burnaby?

Burnaby is renowned for its relatively higher cost of living compared to other cities in British Columbia. Housing expenses, including rents and home prices, are generally above the provincial average. However, it's important to note that the cost of living can vary based on individual preferences and lifestyle choices. Despite the higher housing costs, Burnaby offers a wide range of amenities and services, including shopping centers, restaurants, recreational facilities, and educational institutions. The city's prime location, thriving job market, and excellent transportation options contribute to its allure. While the cost of living may be higher, many residents find that the abundant opportunities and quality of life in Burnaby make it a worthwhile investment.

Utopia Management has over 25 years property management experience throughout the West Coast. Our office in Vancouver, Washington is the home of experts in the rental market and neighborhoods of Vancouver. We manage both commercial and residential properties, from single family homes to apartment communities. Choose an established firm that knows the ins and outs of finding, screening, and managing tenants, including tenant retention strategies. Full staffing to monitor phones and emails, and 7 day showings to get your property filled quickly, plus full maintenance and repairs handled in house. Trust Utopia to handle your property even better than you would, with years of know-how and expertise.

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