Overview
Five Star Property Management is focused on providing unparalleled levels of expertise and service, making us your first choice for all of your Redwood City property management needs. While other companies cut corners or take the easy way out to increase their profits, we concentrate on the details — from strictly adhering to all laws and regulations, to nurturing tenant relationships — in order to protect and maximize your return on investment.
We understand that your Redwood City property investment is very important to you, so we strive to maximize your investment value while reducing the management hassle.
As an investor, you will feel confident knowing that your monthly reports will be prepared efficiently and accurately by knowledgeable professionals, all prospective tenants will be thoroughly screened and maintenance requests and repairs will be performed in a cost effective and timely manner in order to protect your investment.
How much rent can you get for your investment?
Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.
- Get Optimized Rental Value for Your Property
- Gain Crucial Insight into Current Market Conditions
- Determine Your Cashflow from Monthly Rental Value
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Owner or Renter?
As Your Redwood City Property Manager, We Take Care of Everything.
Marketing
Professional listing presentation on our top ranked website with professional photographs and narrated video tours designed to specifically highlight your property.
Tenant Screening
We conduct extensive screening on all tenants and handle everything from moving your qualified tenant into their new home, to rent collection, to handling maintenance issues.
Rent Collection
We make sure you get paid on time, every time. You no longer have to worry about rent showing up in your bank account because we take care of everything so you have to worry about nothing.
Maintenance
We conduct inspections upon move-in and move-out that include documentation of the property’s condition and ensure all maintenance issues are addressed in a timely manner.
Financial Reporting
With our detailed financial reporting tools, it's never been easier to keep tabs on your investment. Log into your owner portal to view statements and stay in tune with how your investment is performing.
Eviction Protection
In the unfortunate event that a tenant needs to be evicted from your rental, we will cover the cost of a simple uncontested eviction (some restrictions apply) and ensure your investment is protected.
you’re protected with our guarantees
Results Guarantee
With our results guarantee you don’t pay us until we show results! If we are leasing your property for you, we do all the work up front and you don’t pay us until you get a qualified tenant. That means we aggressively market and show your property, screen the tenants, handle all of the paperwork and perform a move-in inspection...all before we get paid anything.
Renters Insurance Guarantee
Our Renters Insurance Guarantee means 100% of the tenants that we place will have an active and valid renters insurance policy in order to help protect you and your property from damages, in addition to helping the tenant cover their personal belongings if the unexpected happens.
30 Day Guarantee
If we are unable to lease your home in 30 days or less we will give you ONE month of management free!
What Our Clients Are Saying
Discover Redwood City
Redwood City is one of the safest communities in America. It is in the heart of Silicon Valley and the climate can’t be beat with about 255 sunny days a year. The city is built upon diverse communities and is becoming known as the entertainment hub of the San Francisco Peninsula. Several of today’s top companies are based close by and it neighbors Bay Area cities which are ranked amongst the most expensive places in the U.S. This technology-rich region is a gamer’s mecca and it extends from the peninsula to the foothills of the Santa Cruz Mountains.
Redwood City, located in the San Francisco Bay Area, has several attributes that make it a great city to live in:
- Economic Opportunities: Redwood City is part of the Silicon Valley region, providing residents with access to a diverse range of job opportunities, especially in the technology sector. The city has a growing economy and is home to various tech companies, startups, and other industries.
- Diverse Community: Redwood City is known for its cultural diversity. The city's population represents a mix of backgrounds and ethnicities, contributing to a rich and vibrant community. This diversity is reflected in the local cuisine, cultural events, and community celebrations.
- Proximity to Silicon Valley: Redwood City's location in close proximity to Silicon Valley means that residents can enjoy the benefits of living near one of the world's most significant technology and innovation hubs. This provides opportunities for networking, collaboration, and engagement with the latest advancements in various industries.
- Family-Friendly Environment: The city offers family-friendly amenities, including parks, recreational facilities, and good schools. Redwood City has made investments in its public spaces, making it an attractive place for families looking for a safe and welcoming community.
- Cultural and Recreational Activities: Redwood City has a vibrant cultural scene with theaters, art galleries, and community events. The downtown area is particularly lively, featuring a mix of shops, restaurants, and entertainment venues. The city hosts events like the Redwood City Music in the Park series and the Redwood City Salsa Festival, providing opportunities for residents to engage in cultural and recreational activities.
- Access to Nature: Redwood City is situated on the San Francisco Peninsula, offering residents easy access to natural attractions. The nearby Redwood Shores and Edgewood Park provide opportunities for outdoor activities, including hiking, biking, and enjoying nature.
- Transportation Infrastructure: The city has a well-developed transportation infrastructure, including access to major highways and public transportation options. The Caltrain station in Redwood City connects residents to other parts of the Bay Area, facilitating convenient commuting.
- Housing Options: While the Bay Area is known for its competitive real estate market, Redwood City offers a range of housing options, including single-family homes, apartments, and condominiums. The city has seen development and revitalization efforts, enhancing the overall quality of living.
Investing in real estate in Redwood City, California, offers a unique opportunity due to its strategic location in the heart of Silicon Valley, its diverse community, and its growing economy. Here are some insights on the best types of investment properties in Redwood City:
- Single-Family Homes: These are a staple of real estate investment and can be particularly lucrative in Redwood City due to the city's appeal to families and professionals working in the tech industry. The demand for homes in neighborhoods with good schools and amenities is high, potentially leading to strong appreciation and solid rental income.
- Multi-Family Properties: Duplexes, triplexes, and apartment buildings offer the advantage of generating multiple income streams from a single investment. Given Redwood City's growing population and the ongoing demand for housing close to employment centers, these properties can be very profitable, especially if located near transit options or major employers.
- Condominiums and Townhouses: For investors seeking a more affordable entry point into the Redwood City market, condos and townhouses can be a good choice. These properties often attract young professionals and small families who appreciate the lower maintenance lifestyle and community amenities, such as pools and fitness centers.
- Commercial Real Estate: With an economy buoyed by tech and other industries, investing in commercial properties (office buildings, retail spaces, industrial parks) can offer good returns. The demand for office and coworking spaces is particularly strong in areas with tech company presences.
- Mixed-Use Developments: These properties, which combine residential and commercial spaces, are increasingly popular in urban areas like Redwood City. They offer the convenience of living close to shops, restaurants, and services, making them attractive to renters and potentially offering high returns to investors.
- Development Projects: Given the limited supply and high demand for housing in Redwood City, investing in land for development or participating in new construction projects can be highly rewarding. However, this requires significant capital and expertise in real estate development.
- Real Estate Investment Trusts (REITs): For those interested in real estate investment without direct property management, REITs focused on the Silicon Valley area, including Redwood City, can provide a way to capitalize on the region's growth. This option offers liquidity and diversification across various property types.
When considering investment in Redwood City, it's crucial to understand the local market dynamics, including trends in rental and property values, demand fluctuations, and the impact of local regulations on real estate investment. Networking with local real estate professionals and leveraging market analysis tools can help identify promising investment opportunities. Additionally, considering the broader Silicon Valley area's growth prospects can provide context for the potential long-term returns on investment in Redwood City.
Redwood City Facts
Area: 34.67 sq. mi.
Population: 76,815 (as of 2018)
Elevation: 20 ft.
Incorporated: 1867