Top 5 Property Management Companies in Orange County
When you are choosing a property management company to take care of your investment property, going to Google can be a tiring and overwhelming process. What are their management fees? What kind of reviews do they have? Can they be trusted? How fast can they rent my property? What guarantees do I have that they will do what they say they will do? All of these questions run rampant through your brain during this process.
As a homeowner, not only is it essential to research these potential companies, you mustn't make a hasty decision that you will end up regretting and costing you tons of money in the long run. In this era of social media, Yelp, Google, and other avenues, the “footwork” of conducting research has been streamlined to the click of a button.
Orange County has a dozen or so excellent property management companies to choose from. Today we are going to look at the Top 5 Companies that you may want to consider when doing your research.
- Utopia
- Orange County Pm
- White Glove
- APG Properties
- Irvine Property Management
Table of Contents
Utopia Property Management
Located in Irvine, California, Utopia has a 4.5 Star rating on Google and offers a mirid of services. The services range from property management of single-family homes to Condos, and even Association Management. According to their website, they provide management services for an all-inclusive management fee of 8%. They offer both in-house maintenance as well as using outside contractors when needed.
Orange County Property Management
Located in Huntington Beach, California, Orange County PM has a 4.3 Star rating on Google and manages all types of properties from Single-Family homes to Condos, Apartments, and more. It is a family-owned and operated company that strives to “maximize your investment objectives, and to provide superior real estate management services.” You can contact them directly for their pricing.
White Glove Property Management
Located in Fullerton, California, White Glove has a 3.8 Star rating on Google. They, too, are a family-owned and operated company. Unlike the others mentioned before, White Glove’s focus is strictly property management. White Glove offers a “White Glove Performance Promise,” which guarantees the performance for your property or they pay you. They offer three management plans for you to choose from, depending on the services that you are looking for.
APG Properties
Located in Anaheim, California, APG has a 4.8 Star rating on Google. Like, White Glove Property Management, APG focuses on property management only. APG has been around for about 10 years and offers a full-service property management program for investment property owners. They are property owners and understand what other property owners are looking for in a property management company.
Irvine Property Management
Located in Irvine, California, Irvine Property Management has a 4.0 Star rating on Google. They focus on single-family homes, condos, and apartments. Irvine Property Management Company offers a three-tier pricing program allowing you to choose the best plan for YOUR needs. Pricing ranges from 5.9% to 9.9%. 7.9% is their most popular program.
Making the Decision
Choosing a property management company is like looking for a babysitter for your children, ok, almost like that. You do your homework, compare apples to apples, do your due diligence, and get references and choose the one that you feel best fits your needs and desires.
Continue your journey of researching property management companies and find out what your property will rent for. Do not base your decision on social media sites as they can be off by 15% or more ( 15% on a $2000 rent is $300 a month), and that is going to destroy your cash flow.
Good management companies that are aggressive will pay their own way by raising rents moderately year over year. It’s been proven that 95% of the people who manage it themselves will never increase the rent for fear of losing their renter. Lastly, don’t get scared away on a fee of 10% compared to 7% as it only about $30 a month difference, and an excellent, trustworthy management company will be worth the extra dollar a day.
