The 14 Best Property Management Companies in San Luis Obispo for 2024

The 14 Best Property Management Companies in San Luis Obispo for 2024

Last Updated: November 30, 2023

Over the last 10 days, we meticulously reviewed all of San Luis Obispo’s best property management companies based on fees, range of services and client satisfaction so that you can find the best property manager for your San Luis Obispo investment property.

TRIAD Property Management

TRIAD Property Management provides management for both residential & commercial properties as well as real estate brokerage for new San Luis Obispo investors.

  • Address: 2436 Broad St, San Luis Obispo, CA 93401
  • Phone: 805-439-3529
  • Service Types: Residential and commercial
  • Years in Business: 12+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): 6% – 8% of monthly rent depending on the property type and number of units
  • Tenant Placement Fee(s): 60% of one month’s rent for tenant placement only

TRIAD PM works with investors and property owners to make the most of their investment property process through complete brokerage and full-service management solutions. Their main goal is to maximize your profitability and ROI through cost-effective services, increased earnings, and minimized expenses, achieved through their local experience & connections. If you’re looking to get started with a Central California Coast investment property, TRIAD surveys the market for you to identify prime investment opportunities for you to acquire and transform into a rental property with their preparation services. Existing properties that need a tenant benefit from their leasing solutions which price the property at the optimal rate for minimal time on the market without leaving money on the table, market it throughout the MLS and online rental sites, screen all applicants for a wide range of background information, and draft a custom lease to protect you. During the lease term, TRIAD communicates with the tenant, collects the rent, coordinates maintenance, renews the lease, initiates evictions, and generates financial reports to keep you informed.

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RPM Central Coast

RPM Central Coast has more than a decade of experience providing San Luis Obispo property owners, investors, and association managers with custom-tailored management services.

  • Address: 3599 Sueldo Suite 100, San Luis Obispo, CA 93401
  • Phone: 805-540-6022
  • Service Types: Residential, commercial and HOA
  • Years in Business: 13+ years
  • Rentals Managed: 42000+
  • Better Business Bureau: A+
  • Management Fee(s): 6% – 10% of monthly rent depending on location and number of units
  • Tenant Placement Fee(s): $299 with a management plan or 60% of one month’s rent for tenant placement only

RPM Central Coast focuses on management of all types of properties and communities to make the benefits of a rental property accessible to you regardless of your budget, experience, or amount of time available. They’ll provide you with valuable market insight to set expectations for how much you can earn as a rental property with and without their recommended value-adding improvements so that you can make an informed decision about whether to move forward with their leasing. Leasing handles marketing of your vacancy, showings conducted by agents who help to “sell” your property to potential tenants, in-depth screening for financial, rental, and criminal history information, and fully-compliant leases to save you the stress of breaking Landlord-Tenant laws. Daily management from RPM Central Coast focuses on exceptional communication with you and the tenant, utilizing online tenant and owner portals to make it easy for tenants to request maintenance or pay their rent while your portal provides insight into your property and financial information that can be accessed for on-demand updates. HOA management includes the same individual property upkeep that their property management offers, with additional administrative, legal, and financial solutions that address the board, budgeting & bookkeeping, legal compliance assurance, and a wide variety of other services customized to meet the needs of your association.

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San Luis Property Management

San Luis Property Management is a full-service property management company serving residential property owners in San Luis Obispo and the surrounding areas.

  • Address: 2241 Broad St, San Luis Obispo, CA 93401
  • Phone: 805-541-1822
  • Service Types: Residential only
  • Years in Business: 28+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 5.9% – 9.9% of monthly rent depending on the service plan
  • Tenant Placement Fee(s): 50% of one month’s rent ($1000 minimum) for tenant placement only

San Luis PM aims to make leasing your property as efficient and stress-free as possible so you can enjoy passive rental income while they handle all daily operations. Their services span from leasing-only to full-service property management, allowing you to choose the responsibilities addressed on your behalf and only pay for what you need. Once you’re ready to begin the leasing process, they’ll perform a free rental analysis using their knowledge of current market conditions to determine the right price point for your property and make suggestions on construction that could add to your property’s value. Leasing services include marketing your property, conducting showings, screening prospective tenants through a five-stage process, facilitating the lease signing, and collecting the security deposit. During the lease, San Luis PM answers maintenance requests, pays property expenses, conducts inspections, collects and disburses rent, communicates with tenants, negotiates lease renewals, and processes evictions. Monthly income and expense reports are available on-demand through the 24/7 online owner portal, so you can track your investment’s performance at any time.

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Utopia Management

Utopia Management handles residential and commercial property management, brokerage, and HOA management for San Luis Obispo property owners, investors, and associations.

  • Address: 4251 S Higuera St. Ste. #800, San Luis Obispo, CA 93401
  • Phone: 805-723-8888
  • Service Types: Residential, commercial and HOA
  • Years in Business: 27+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 8% of monthly rent

Utopia Management is a comprehensive management and real estate company that works with you to find a new property, prepare your existing property, or take control of your HOA to improve day-to-day operations for optimal efficiency. New investors can get help with finding an investment property on the market to be converted to a rental property, preparing the property for the rental market through maintenance or renovations, and transitioning to leasing so that you can begin earning rental income as soon as possible. Vacant properties will be filled with a high-quality tenant who passes their background screening process to ensure that they can be trusted with your most valuable investment while the custom lease ensures compliance with California Landlord-Tenant laws so that you can avoid costly issues during the lease. Utopia’s daily management provides complete oversight of the tenancy, including all day-to-day maintenance of the property, communication with the tenant, financial management, renewals & evictions, and bookkeeping to ensure that your cash flow remains consistent. HOA management assists with organizing your board, coordinating meetings, tax filings, compliance assurance, dues collection, community services, and more to help improve the quality of your community for both owners and managers.

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Farrell Smyth, Inc.

Farrell Smyth has provided brokerage and property management services for all types of properties and communities in the San Luis Obispo area for over 40 years.

  • Address: 21 Santa Rosa St, Ste 250, San Luis Obispo, CA 93405
  • Phone: 805-543-2636
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 45+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Farrell Smyth is a full-service real estate company also operating as a San Luis Obispo property manager, working with residential and commercial properties as well as homeowners’ associations. With over 45 years of local market experience, they are uniquely qualified to provide solutions, insight, and guidance for all of your real estate investment wants and needs. Their team is devoted to your success, whether they’re assisting you in buying or selling a property or managing your existing property. As a member of Leading Real Estate Companies of the World®, they’re able to expose your property to a wider tenant pool than the competition, filling your vacancy more efficiently. Their association management works to address all of your community’s needs, spanning from administrative services and maintenance coordination to full-service accounting and more.

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Haven Properties

Haven Properties manages a wide variety of residential properties, including vacation rentals, for property owners and investors in San Luis Obispo and the surrounding areas.

  • Address: 1880 Santa Barbara Ave. Suite 220, San Luis Obispo, CA 93401
  • Phone: 805-594-5997
  • Service Types: Residential only
  • Years in Business: 9+ years
  • Rentals Managed: 100+
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Haven Properties aims to minimize the risks of leasing your property through effective marketing and tenant placement that finds high-quality tenants that are likely to stay longer and cause fewer problems. Their services begin with a free rental analysis to price your property and identify any needed renovations before preparing it to go on the market. As part of their tenant placement services, Haven markets your vacancy, shows it to potential tenants, screens applicants for a variety of background information, and drafts the lease in accordance with local and state laws. Their day-to-day management services handle answering maintenance requests and other tenant calls, conducting inspections, collecting the rent, processing lease renewals, coordinating evictions, and more. You’ll also be given access to an online portal where you can view property reports, monthly financial statements, and end-of-year tax documents.

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McNamara Realty

McNamara Realty has extensive San Luis Obispo market experience, providing real estate brokerage and full-service management for all types of properties.

  • Address: 390 Higuera St., San Luis Obispo, CA 93401
  • Phone: 805-543-7777
  • Service Types: Residential and commercial
  • Years in Business: 65+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

McNamara is one of the oldest-standing full-service management companies in the area, with additional real estate services guided by their 60+ years of market experience for optimal pricing and effective marketing strategies. Whether you’re looking for a new property or have an existing property you need help bringing to market, they’ll provide you with market and rental analyses to help determine how to move forward with your investment process and allow you to make an informed decision. If you need a tenant for your property, their tenant placement markets the listing they help create, shows the property 7 days per week for shorter vacancy periods, rigorously screens applicants for criminal & rental history plus proof of income, drafts a custom lease, and handles the security deposit for you in accordance with local laws. McNamara addresses all of the tenant’s needs during the lease term, providing an online tenant portal for prompt communication, anytime rent payment that solidifies your cash flow, 24/7 emergency support, and maintenance requests that makes your tenant feel supported. You’ll also enjoy the online owner portal that generates on-demand financial reports in addition to providing property updates like inspection or maintenance reports that keep you informed without needing to be involved.

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Era Management

Era Management assists with residential and commercial real estate brokerage, development, and property management services to San Luis Obispo owners & investors.

  • Address: 2017 Chorro St, San Luis Obispo, CA 93401
  • Phone: 805-399-2052
  • Service Types: Residential and commercial
  • Years in Business: 1+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Era Management handles every aspect of the investment property process from start to finish for both residential and commercial properties. Their brokerage division finds you investment opportunities that would excel as rentals, helps you to create an investment plan to achieve your ROI, assists with buying the property, and uses their development, construction, and maintenance experience to maximize your earning potential. They can help develop your ideal investment or simply help add value to it through cost-effective improvements before getting started with creating a lease and moving forward with leasing. Era’s leasing uses wide-reaching advertising campaigns that extend through the MLS, online rental sites, and local mediums to ensure you’re reaching as many people as possible so that you lose out on less money while the property sits vacant. They’ll also screen potential tenants before presenting them for you so that you know your property is in good hands that will pay their rent and respect the condition. Era’s daily management allows you to be fully hands-off throughout the whole tenancy while they take care of all communication, maintenance, lease issues, and financial management that works together to keep your property operating and earning you rental income.

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Town & Coastal Property Management

Town & Coastal Property Management provides residential and commercial property management and resale services to owners and investors throughout California’s Central Coast, including San Luis Obispo.

  • Address: 960 W. Grand Avenue Suite D, Grover Beach, CA 93433
  • Phone: 805-489-5050
  • Service Types: Residential and commercial
  • Years in Business: 16+ years
  • Rentals Managed: 200+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Town & Coastal helps investors to find your next San Luis Obispo rental property, offering a free market analysis and acquisition assistance. Their brokers can also help sell investment properties, working to maximize the profits of the sale so you can still enjoy a positive ROI. Existing property owners can also receive a free rental analysis to price your property and prepare it to be leased. Once your property is rent-ready, Town & Coastal will handle marketing and advertising it, showing it to potential tenants, extensively screening tenants, and drafting a legally-compliant lease. During the lease term, they collect the rent, coordinate maintenance, conduct inspections, communicate with tenants, process lease renewals and evictions, and perform a number of accounting services through their online owner portal.

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B&W Management

B&W Management offers residential management services to clients in San Luis Obispo and the surrounding areas.

  • Address: 135 South Halcyon Road, Arroyo Grande, CA 93420
  • Phone: 805-489-0864
  • Service Types: Residential only
  • Years in Business: 42+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

B&W Management handles all of the daily responsibilities of being a landlord, allowing you to be hands-off while they work to generate passive income for you. Their leasing services include creating a listing for your property, marketing and advertising your vacancy aggressively, conducting showings for prospective tenants, screening applicants thoroughly, and drafting and executing the lease in compliance with California’s extensive Landlord-Tenant laws. During tenancy, B&W handles rent collection and disbursement to you, annual inspections, tenant communication, regular and 24/7 emergency maintenance, lease renewals and evictions, and monthly financial reporting, so you are always informed about your investment’s performance.

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Del Mar Property Management

Del Mar Property Management serves residential and commercial property owners in San Luis Obispo and the surrounding areas.

  • Address: 1336 Ramona Suite B, Grover Beach, CA 93433
  • Phone: 805-481-0935
  • Service Types: Residential and commercial
  • Years in Business: 29+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Del Mar PM makes it easy to get started earning passive income, handling all of the day-to-day responsibilities of being a landlord so you don’t have to. Leasing and management services are offered individually but can be combined for full-service property management, allowing you to be entirely hands-off. Services begin with a rental analysis to price your property as well as an initial inspection to document the property’s condition for security deposit and marketing purposes. As part of their leasing services, Del Mar PM advertises your vacancy, shows it to potential tenants, screens applicants thoroughly, drafts the lease in accordance with local and state laws, and collects the security deposit. Daily management services include rent collection, regular and 24/7 emergency coordination, periodic inspections, lease renewals and evictions, and monthly and year-end financial reporting, with computerized income and expense statements provided to keep you informed on your investment’s performance.

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REG Property Management, Inc.

REG Property Management has over 30 years of experience servicing San Luis Obispo with complete management solutions for residential homes, commercial buildings, and HOAs.

  • Address: 3421 Empresa Drive Suite A, San Luis Obispo, CA 93401
  • Phone: 805-541-6664
  • Service Types: Residential, commercial and HOA
  • Years in Business: 30+ years
  • Rentals Managed: 336+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

REG PM offers full-service management solutions for both rental properties and communities. Their services span all steps of the rental process, allowing them to take your vacant property, find a tenant, and generate income with your property with little to no time investment on your end. Both leasing and daily management are available separately or together with services spanning marketing & showings, screening, lease drafting, rent collection, maintenance handling, lease management, and reporting using the online tenant and owner portals for 24/7 accessibility. REG PM’s HOA management services apply to residential and mixed-use properties with a wide selection of custom-tailored solutions. All bookkeeping, recordkeeping, owner support, dues collection, tax assistance, legal consultations, maintenance & landscaping handling, and just about any administrative duty can be taken care of for you, allowing you to focus on finding ways to improve your community.

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Goetz Manderley

Goetz Manderley manages properties and communities of all types throughout the San Luis Obispo area.

  • Address: 1400 Madonna Road, San Luis Obispo, CA 93401
  • Phone: 805-781-6636
  • Service Types: Residential, commercial and HOA
  • Years in Business: 29+ years
  • Rentals Managed: 500+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Goetz Manderley has nearly 30 years of experience providing full-service real estate management for residential and commercial properties as well as communities. They work with both property owners and community managers to maximize your income, protect your investment, and improve your residents’ quality of life. Their services begin with a complimentary consultation and rental analysis to help them gain an understanding of your real estate investment goals, determine how they can best serve you, price your property, and prepare it to be leased. As part of their tenant placement services, they’ll handle advertising your vacancy, showing it to potential tenants, screening applicants thoroughly, and drafting the lease in compliance with local, state, and federal laws. Daily management services include rent collection, maintenance and inspections, tenant communication, lease renewals, evictions, and reporting. Goetz Manderley’s community management handles bookkeeping, common area maintenance, landscaping, board meetings, staffing, administrative management, and more.

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SLORent.com

SLORent.com is a San Luis Obispo property management company offering full-service management solutions for residential and commercial properties.

  • Address: 1325 Chorro St, San Luis Obispo, CA 93405
  • Phone: 805-528-8559
  • Service Types: Residential and commercial
  • Years in Business: 7+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

As a local family-owned company, SLORent.com works to take the headaches out of leasing your property, handling all tenant-facing interactions so you can avoid uncomfortable situations. They understand that all properties and property owners are unique, which is why their services are tailored to your needs, whether you prefer to be hands-on in some aspects or completely hands-off. To ensure both high tenant satisfaction and client satisfaction rates, their team is dedicated to acting with courtesy, respect, honesty, and professionalism in all transactions. With a rating of 4.2 stars on their social platforms, SLORent.com is praised for the quality of their services as well as the responsiveness of their team members.

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