Newport Beach Property Management
Let Us Manage Your Newport Beach Rental Property
We’re the property management company in Newport Beach that likes to conduct itself differently than most companies; we exist to improve the property management standard in Newport Beach. We’re a full-service property management company with a full set of affordable services to maximize your cash flow, minimize expenses, obtain and retain good tenants, be the point of contact, and most importantly, protect your investment.
We understand complex rental laws that property owners may not know pertain to them. Over 20 years of being in the business, we keep up-to-date with any present or future laws that might affect your investment property. Our property management team is one of our most experienced branches with many connections within Newport Beach.
Start getting the returns you deserve!
free rental analysisWhat is the cost of not doing business with us? How much time do you spend managing your own property? How much money have you wasted on vendors? How compliant are you with all the tenant laws? How good are you at selecting tenants? Do you let the tenant make demands of you?
For only a few dollars a day, you can start enjoying your investment property and stop wasting time,
money, and most importantly, worrying about your rental.
HOW TO START ENJOYING LIFE
(And Stop Self-Managing Your Rental)
Provide the Rental Address
This determines who your Property Manager will be.
Pick a
Pricing Plan
We will send you a management agreement.
Get Ready
to Get Happy
Sit back, relax and let us manage your property as if it were our own.
Our property management is designed to maximize your income, minimize your expenses, and better protect your valuable investment property asset.
Tenant Placement
Our Better Tenant System
We don’t just place any tenant in your rental, we have a proven tenant acquisition system to secure better tenants for your property. There are five steps to our system:
- We market your property extensively
- Review every potential applicant’s credit score;
- Obtain income documentation proving they have a minimum monthly income three times the rent;
- Check references, and then, most importantly;
- Make your tenant adhere to the terms of the lease agreement.
The best way to avoid a future problem tenant is to prevent them from taking possession of your property. Our current eviction rate is less than 1% of all tenants under management.
Management
Local Property Managers
We have centralized operations and local Property Managers close to your rental. We designed our business model with you, the property owner, in mind.
Single Point of Contact
You have a local, dedicated Property Manager, living within 30 minutes of your rental, who will be your single point of contact. This person, also called our Branch Manager, works directly with you and your tenant, so you will be contacting the most knowledgeable person regarding your property. The Property Manager’s primary duties include:- Tenant Acquisition
- Lease Agreement Enforcement
- Property Inspections
- Lease Renewals
- Owner, Tenant & Vendor Communication
here is what you can expect from ppm
Maximize Cash Flow
We use our expertise as a full service real estate company to obtain the highest rent the market will bear and our marketing channels to reach the highest number of prospective renters.
Minimize Expenses
We have a network of vendors and contractors that charge us less because of the volume of business we do with them and we pass those savings on to you.
Obtain and Retain Good Tenants
Satisfied owners have tenants that pay on time. We have a system to secure better tenants and have your property on the market for the shortest period of time.
Protect Your Investment
We abide by the letter of the law and understand complex rental laws. In the case a tenant does not pay, we can help with eviction if need be and re-renting the property.
Be the Point People
Perhaps one of the most valuable services we offer is to be your representative for all matters relating to your property. We interact with the tenants for all matters allowing you time to enjoy yourself.
5-Step Investment Plan
We implement a 5-step investment property certification plan to make sure your investment is at its highest value.
Market Evaluation
Our property management team reviews and evaluates the current marketing conditions of the location. We perform a full-market analysis to position your property effectively.
Property Assessment
A thorough assessment takes place for your rental and we make suggestions as to how to make the property more marketable.
Transition
The property management team transfers all utilities into our name to make the transition to a new tenant seamless and easy.
Vendor Coordination
We have multiple bids being made on any work to be performed and monitored so we know what work needs to be done; and we make sure it’s done properly. Our staff is constantly monitoring to make sure work gets done on time.
Quality Inspection
Before the property ever goes on the market, the property management team will conduct a final quality inspection and address any items not completed to our standards.
How much rent can you get for your investment?
GET A FREE RENTAL ANALYSISour guarantees to you
Know You're Protected
Better Tenant
If a tenant we place in your rental does not abide by the terms of the contract in the first year, we will secure the next at no cost to you.
Payment Guarantee
If your property is vacant, we do not charge any management fee.
Service Guarantee
If we don’t mail or wire your monthly proceeds within 5 days of receiving good rent funds, we waive that month’s management fee.
Fee Guarantee
If you can find a lower hybrid management fee, we will match it.
Response Guarantee
If an owner or tenant calls, texts or emails us, we will respond within 24 hours, or waive that month’s management fee.
Satisfaction Guarantee
If you are not satisfied with our service, you can cancel our contract at any time with 60-day notice.
Happiness Guarantee
If you are not happy with our service after 6 months, you can cancel your contract and we will refund one-half of your management fees.
Rental Guarantee
If we do not secure a suitable tenant within 21 days from the start of marketing, we will waive your first month’s management fee.
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Explore what we do
As Your Property Manager
Discover Newport Beach
Home to some of the most expensive homes and real estate in Orange County, Newport Beach has 85,000 residents and is a top tourist destination. In 1870 a 105 ton steamer ship named the Vaquero made its way through the lower and upper bay and unloaded its cargo and local landowners recognized its potential. In 1905 the city become the southernmost terminus for the Pacific Electric Railway connecting this beach town with downtown Los Angeles. There were only 206 citizens of the city at this time. At first the city was a maritime community supporting fishing boats and boatbuilding. It is now one of the largest home to docks with 9,000 in the harbor. Even though homes and apartments are expensive, with starter homes in the city starting at $1,000,000 and a recent sale of $50,000,000, only 54% of households are owner-occupied and there are many rentals.
Pros
- Very desirable Many amenities (shopping, dining & entertainment)
- Great variety of housing
- Desirable weather
Cons
- Very high prices
- Overcrowding on weekends, holidays and summers
- Low cap rates