Contacting Property Manager...
Pacific Rim Property Management
13055 Poway Road
Poway, CA 92064
Types of Properties We Manage:
- Single Home/condo (up to $300K)
- Single Home/condo ($300 to $500K)
- Single Home/condo ($500K to $1M)
- Single Home/condo (over $1M)
- HOA (50 - 99 units)
- HOA (100+ units)
- COA (50 - 99 units)
- COA (100+ units)
- Multi-Family (2-4 units)
- Multi-Family (5 -19 units)
- Multi-Family (20-99 units)
- Multi-Family (100+ units)
- Retail (Up to 9,999 sqft)
- Office (Up to 9,999 sqft)
- Office (10K -100K sqft)
- Office (100K+ sqft)
Who We Are
Pacific Rim Property Management is a full service management company headquartered in Poway, California, servicing all of San Diego and North County. We specialize in the management of single family homes, multi-unit residential properties, commercial office buildings and Home Owners Associations (HOA) in areas including Poway, Sabre Springs, Scripps Ranch, Carmel Mountain Ranch, Rancho Bernardo, Carmel Valley, Escondido, and Mira Mesa. Our clients have benefited from our services since 1981. We treat your property as if it were our own.
Pacific Rim Property Management strives to provide the most cost efficient professional property management possible. We endeavor to maintain or increase value by properly maintaining your home and finding the best possible tenant. We understand you have placed your trust in us to manage one of your most valuable assets.
Keeping your home vacant is income lost and never replaced. Therefore, renting your home as soon as possible is paramount to our company. The following are the policies and procedures under which we operate our professional property management to quickly locate a suitable tenant.
Locating a Suitable Tenant
Office & Staff: Our agents are available seven days a week. This enables prospective tenants to view your home at their convenience, and to ensure prompt response to maintenance requests. Each member of our full time staff is experienced and trained to favorably promote your home on the phone and during showings.
Marketing: Pacific Rim Property Management relies on a comprehensive marketing program to attract quality prospective tenants.
- Your property is cross checked with our list of prospective tenants to see if there are matches.
- We immediately place a sign on the property when possible,
- We utilize Social Media websites, such as Twitter and Facebook to get the word out about your property specifically.
- We arrange advertising in a local paper and the San Diego Union Tribune.
- A flier is created, to have available for prospective tenants.
- Your property is listed with all the local Realtors thru the Real Estate Co-Op.
- Local employers are contacted which may include Sony, Hewlett Packard, to see if they have employees looking for homes to rent.
Screening and Approving the Tenant Includes:
- Landlord & Employer Verification
- Credit Verification
- Owner Approval
Leasing and Occupancy
The Lease: The lease is the standard California Association of Realtors lease. It is undergoing continuous review by the Association's attorneys to insure that it is in agreement with the most recent legislation, and that any weaknesses that have surfaced are amended. In addition to the lease, tenants sign a document containing our rules and regulations. These rules and regulations have been developed during our fifteen years in management, to insure that tenants are fully aware of their responsibilities.
One Year Leases are Preferred. The majority of the leases we initiate are for a one year term. Shorter leases encourage more turn-over, may indicate a less stable tenant, and can cost the owner loss of income do to the property being vacant. Leases longer than one year, though it may be preferable and sometimes accepted, restrict increases in rent if warranted by market conditions.
Utilities: We assist the tenant in having the utilities placed in their name. After move-in, we follow up to be sure that transfers are properly recorded with the utility companies.
Documenting Property Condition
Move in: After the lease is signed and prior to the tenant taking occupancy a thorough walk thru is conducted. The condition of the property is observed and documented. At times it can be photographed. The tenant then signs the walk thru and this document becomes part of the lease.
Periodic Inspection: During occupancy we conduct regularly scheduled drive-by inspections. Any deficiencies are noted, and the tenant is notified in writing. An Interior inspection can be conducted when considered appropriate.
Maintenance Personnel: Pacific Rim Property Management coordinates the maintenance and repair on the properties we manage. Whenever possible we rely on in-house maintenance people to perform routine repair work. We have found that this is cost effective to the owner and helps us coordinate the repair quickly and efficiently. Our maintenance division is wholly owned by Pacific Rim Property Management. If the work need is beyond the realm of our maintenance people we then rely on outside trades people. Over the years, we have developed relationships with trades people in various fields, who we rely on for high quality, low cost work. Bids are taken when considered appropriate or requested by an owner. As an alternative we are happy to accommodate owners who prefer that we contract with maintenance and repair personnel they choose. The only thing we ask is that these personnel respond in a timely manner when we call them, and that they have a contractor's license and Workman's Compensation Insurance. Responding quickly is very important to good tenant relations.
Lock Changes: Due to the great risk involved, we recommend to have the locks changed between each occupant. The owner and our staff share a responsibility to protect the tenant's health, safety and well being. Changing the locks between each occupant of your home is considered essential to that end. Furthermore, an unforced entry that involves the loss of property, injury, or death of a tenant is almost certain to result in litigation.
Documentation: Copies on invoices for all work performed are included with the Owner's monthly statement. Pacific Rim Property Management does not mark-up, or in any way profit from maintenance and repair work that we coordinate with outside trades people.
Finance and Accounting
Our accounting system relies on a sophisticated property management software program that provides easy to understand monthly income and expense statements. At years end, you have all the information needed for your use in preparing income taxes. All monies received from the Owner or the tenant is placed in a trust account, and all disbursements are made from that account. There is no charge for establishing or maintaining this account.
In most cases, we retain the tenant's security deposit, plus a small reserve mutually agreed upon in the trust account. When the tenant's rent is paid we make disbursements from the account to pay any outstanding bills, the balance is sent to the Owner, or if desired, to a mortgage company or other owner-designated recipient. In this way the Owner has an amount equal to the deposit ready to be returned to the tenant when they vacate.