Saratoga Property Management
We Can Help Manage Your Saratoga Rental Property
We offer a full range of property management services tailored to you as an investor, homeowner, or landlord. We have an extensive portfolio with over 300 single family homes, townhouses, condos, and apartments in the Saratoga area. "Full-Service" means we specialize in preparation, marketing, administration, and tenant retention.
What we do as your property manager:
- Evaluate the Property and Determine a Rental Rate
- Market the Property
- Tenant Application
- Move In
- Rent collection
- Annual and Safety Inspections
- Accounting Services
- Maintenance, and Upkeep
- Move Out
Evaluate the Property and Determine a Rental Rate
- Meet at the property, discuss goals, plans, etc. for the property and provide a possible rental rate
- Offer recommendations on repairs and cosmetic improvements that maximize potential monthly rent while providing a good ROI
- Discuss with owners the pros and cons of different policies such as accepting pets, etc.
- Install a lock box
Market the Property
- Prepare home for rent
- Clean home
- Make sure the property is safe and maintained
- Create ads tailored to the property and advertising in 50+ locations:
- Paid and free rental listing websites
- Print publications
- Flyers and e-flyers
- Advertise and work with local realtors
- Partnered with Google, Apple, Ebay, etc. to insure access to high quality tenants
- Meet prospective tenants for showings 7 days a week.
- Provide prospective tenants with rental applications that are legally compliant with fair housing laws
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Tenant Application Process
- Perform a background check to verify identity, income, credit history, rental history, contact and speak with current landlord and current employer etc.
- Notify Owner of applicants and include them in the decision making process.
- Draw up leasing agreement with agreed move in date
- Continue to market until deposit is received at the office.
- Review lease guidelines with tenant regarding things like rental payment terms and required property maintenance. Grant access to Tenant Portal website.
- Ensure all agreements have been properly executed
- Perform detailed move in inspection with tenant and have tenants sign a report verifying the condition of the property prior to move-in.
- Collect first months rent and proof of renters insurance at move in if not yet received.
- Receiving rent
- Follow up with late payments
- Sending out pay or quit notices
- Enforcing late fees
Annual and Safety Inspections
- Perform annual safety inspections (inside and outside) on a predefined schedule looking for repair needs, safety hazards, code violations, lease violations, etc.
- Send owner reports on the condition of the property
- Provide accounting property management services
- Make payments on behalf of owner (Mortgage, insurance, HOA dues, etc.)
- Detailed documentation of expenses via invoices and receipts
- Maintain all historical records (paid invoices, leases, inspection reports, warranties, etc.)
- Provide annual reporting, structured for tax purposes as well as required tax documents including a 1099 form
- Advise owner on relevant tax deductions related to their rental property
- Provide easy to read monthly cash-flow statements which offer a detailed breakdown of income and itemized expenses
Maintenance, and Upkeep
- Establish a preventative maintenance policy to identify and deal with repair needs
- Provide a network of licensed, bonded and fully insured contractors who have been vetted for good pricing and good work that is up to code.
- Assign jobs to different parties (in-house employees, handyman and professional contractors) based on who will do the best job for the best price.
- Maintain and Provide Gardening Service (owners expense)
- Maintain and monitor a 24 hour emergency repair hot-line
- Larger renovation or rehab projects
- Provide recommendations on how the project can maximize rental income.
- Prepare preliminary cost estimates
- Get multiple independent bids for the work
- Act as general contractor overseeing the work
- Inspect unit and fill out a report on the property's condition when the client moves out
- Provide tenant with a copy as well as estimated damages
- Return the balance of the security deposit to the tenant
- Forward any portion of the owner’s portion of the tenant deposit to the owner or hold in owner reserves for repairs
- Clean unit and perform any needed repairs or upgrades
- Re-key the locks
- Put the property back on the market for rent
I only have high praises for Don. He is highly knowledgeable in rental and real estate properties. He was easy to work with. He went out of his way to help me with a rental property and anticipated all of my needs. I find him very efficient. He was easily accessible to work around my busy schedule.
- Carl G | Client since 2005
What I like about DWM Properties is they tend to stay on top of changing trends and technology. Most recently they teamed with a property management system to help them "Go Green". We are seeing this more and more with a number of companies in Silicon Valley and at DWM Properties not only are they saving resources we can actually see everything regarding our property on one page. The staff at DWM are very helpful and will keep me posted on all activity. I certainly would recommend them.
- Craig H | Client since 2004
Frequently Asked Questions
Q: How do you determine the best rental rate for my property?A: Our first meeting usually consists of Don visiting your property and presenting a rental market analysis. We find it extremely important to initially talk with each owner to get an idea of their wants and needs for their investment property. We take that into consideration as well as the current rental market in order to find the best rental rate for your property.
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Saratoga Area Information
The European settlement of what is now Saratoga occurred in 1847, when William Campbell (father of Benjamin Campbell, the founder of nearby Campbell, California), constructed a sawmill about 2.5 miles (4.0 km) southeast of the present downtown area. An early map noted the area as Campbell's Gap. In 1851 Martin McCarthy, who had leased the mill, built a toll road down to the Santa Clara Valley, and founded what is now Saratoga as McCarthysville. The toll gate was located at the present day intersection of Big Basin Way and 3rd St., giving the town its first widely used name: Toll Gate. In 1867 the town received a post office under the name of McCarthysville.
Industry soon sprang up and at its pinnacle the town had a furniture factory, grist mill, tannery, and a paper factory. To commemorate this newfound productivity the town was renamed again in 1863 as Bank Mills. In the 1850s Jud Caldwell discovered springs which were called Pacific Congress Springs because the water had a mineral content similar to Congress Springs, in Saratoga Springs, New York. In 1865 the town received its final name, Saratoga, after the city in New York. At the same time a resort hotel called Congress Hall was constructed at the springs, named after the famous resort Congress Hall at Saratoga Springs, New York. California's Congress Hall attracted tourists to the area until it burned down in 1903. These events would eventually lead to Saratoga being listed as a California Historical Landmark in 1950.
Areas We Service
- Los Gatos
- San Jose
- Los Altos
- Palo Alto
- Mountain View
- Los Altos Hills
- Santa Clara
- Willow Glen
- Morgan Hill
- Los Gatos Mountains
- Santa Cruz
- Menlo Park