Central Coast Management Group
Our Background
Central Coast Management Group has managed properties throughout the Central Coast for over 25 years. During that time, we have managed residential and commercial properties. Our office is prominently and conveniently located at 1111 Riverside Ave. #403 Paso Robles, CA. We are long-standing members of the National Association of Realtors.
Our Aim
At Central Coast Management Group, we understand that property, like any investment, is only as good as its net annual return and capital appreciation. To maximize both, our objective is to ensure properties are maintained at optimum condition and presentation at a reasonable cost and to select suitable tenants while achieving competitive market rental.
We strive to provide a high-quality service to our customers.
Software Program
Central Coast Management Group operates on the Property Management software program Appfolio. Our extensive knowledge and experience combined with one of the leading property management software programs result in sound management of your property.
Each tenant receives their own “tenant portal” which will allow them to log on to make payments, view statements, and submit support requests.
Each owner receives their own “owner portal” which allows owners to view statements, make owner contributions, view inspection reports including photos, and work orders.
WHAT CAN WE DO FOR YOU?
Assess your property’s current market rental
Before finding a tenant Central Coast Management Group can inspect your property and inform you of a current fair market rental. We can also advise you of any refurbishments or maintenance that can attract a higher rental income and better quality tenants as well as any safety issues you may need to consider in relation to risk management.
Marketing your property for rent
There are a number of ways that we market rental properties. These include:
- Listing the property on our main software program Appfolio, which then syndicates it to 15+ most searchable sites for tenants looking for property. If a potential tenant is interested, we receive a text and email with their phone number and email for immediate follow up.
- Holding “Open Houses”
- Provide signage at the property
- Coordinate showings with prospective tenants
Find and select suitable tenants
Because of our proactive marketing strategies, Central Coast Management Group receives inquiries daily from reliable tenants wanting to rent the right property.
Prospective tenants are always accompanied to view properties before we start the application process.
If an interest is shown in the property, the tenants will then complete a detailed application form and meet with us for an interview.
Before selecting a tenant, we carefully check:
- applicant’s references, including employment details, previous landlord references,
- run a credit report
- eviction history report
- background check report
Background checks and credit checks are provided by Experian.
Prepare legal documents
Before any tenant moves in, we complete a legally enforceable rental agreement including the Mold, and Megan’s Law database disclosures. We also ensure the security deposit has been collected with guaranteed funds.
We conduct an initial walkthrough with the tenant, and provide them with a move-in sheet, which is to be returned to our office within 3 days from the date they move in so they can log any issues with the unit.
Collecting Rent
As part of the Rental Agreement, rent is always payable in advance. Regardless of the care taken, on very rare occasions, tenants fall into arrears. When this occurs a set procedure is instigated which includes the following:
• An initial polite 'reminder' email and phone call to the tenant when rent becomes 2 days overdue. After 5 days a “3 Day Notice to Pay or Quit Notice” is posted on the door and a certified copy is mailed to the tenant.
Our Appfolio software system allows tenants to make payments:
- online free of charge using a checking account.
- with a credit card online -- a fee applies
- cash at any 711 Convenient Store—a fee applies
- payments can also be mailed or dropped off at our office in Paso Robles.
Routine Inspections
Properties are inspected inside 2 times a year unless we feel the need to enter more often along with monthly drive by inspections. Following each routine inspection your “owner portal” will be uploaded with a report detailing:
• The general condition of the property along with photos
• The manner in which the tenants are maintaining the property
• Any repair or maintenance required now or in the foreseeable future
Arrange Repairs and Maintenance
Repairs are attended to promptly. We engage reliable qualified tradespeople to attend to all types of repairs/maintenance. We have a flexible system of maintenance to cover the requirements of owners who instruct us to attend to all maintenance matters on their behalf as well as for those who prefer to attend to these matters themselves.
Costs and Fees
Central Coast Management Group can provide property management services for Uptown Center located at 34th St. & Spring (16 Units) at a cost of 5% of the collected rents per month. We do not charge a rent fee or additional fees for scheduling maintenance. Owners are responsible for all repair costs and legal fees associated with the property. Central Coast Management Group is entitled to all the late payment and rental application fees collected.
We look forward to assisting you with your Property Management needs.
Central Coast Management Group