Brea
Property Management

Managing property in Brea can be challenging and time consuming. That is why we founded Good Life Property Management – a firm dedicated to simplifying the management of your residential rental properties in Brea, California. We can help you with anything from finding the best tenants to collecting rent and maintaining your property. Good Life Property Management makes the process of owning rental properties easy.

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No Eviction Guarantee

If we have to evict a tenant we placed, for non-payment of rent, we will pay for the eviction up to $3,000 (which usually covers all court costs and attorney’s fees)! We will also find a new tenant for free.

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Good Pet Guarantee

At no additional cost to the owner, we will reimburse damages caused to the home above wear and tear up to $3,000 total for pet damage. Brea property management has never been so easy. 

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Money Back Guarantee

We stand by our word. If for any reason you are not happy with our service, neither are we. We’ll refund you up to one year of paid monthly management fees if you aren’t happy in the first year of service. We’re committed to 100% client satisfaction!

Our Brea Property Management Services

Brea Property Managers

Overview

About Brea

Brea is nestled in the foothills of North Orange County and northeast of Fullerton. Still part of the Los Angeles metropolitan area, Brea offers a close-knit community and a family-friendly environment with a population of approximately 43,000 people. Brea has an extensive public art program that has contributed over 140 artworks to the city for residents and visitors to enjoy. Since 1980, the Brea Art Gallery has hosted exhibitions, workshops for all ages, lectures by and for artists, and live art demos. Its long-time appreciation and conservation of art has deemed Brea the “City of Art” of Orange County. For art and music lovers, Brea hosts a variety of cultural festivals and community events throughout the year, including the Brea Fest and the Country Fair on the Fourth of July. Brea is also well-known for its lively downtown area, where residents enjoy shops, dining, and entertainment at Brea Mall.

Outdoor enthusiasts can head over to Carbon Canyon Regional Park, a perfect spot for scenic trails, redwood groves, picnics, and outdoor recreation. Brea is also committed to environmental sustainability and has invested in various green initiatives, such as the Brea Energy Efficiency and Solar Power Project and investing in solar arrays for the city. Its community programs are also aimed at upkeep and conservation of the city’s parks, open spaces, and community. For more information about Brea’s green initiatives, you can visit Brea’s City website here.

Brea’s reputation extends beyond its rich art heritage to its award-winning educational system. Schools in Brea have won several awards, including Blue Ribbon award, California Distinguished award, Title I Academic Achievement award, and Gold Ribbon awards, making it an attractive residential destination for families.

Why owning rental property in Brea is a good investment

Brea’s quality of life, education system, and vibrant community contributes to a strong demand for rentals, making ownership of rental property a good investment. Brea’s General Plan has set initiatives in motion for the city to cultivate its natural and cultural resources and keep up with the changing needs of the community. Brea is committed to maintaining a high quality of life and enhancing public services so that property values can increase over time.

How much does Brea property management cost?

Every Brea property manager has their own unique fee structure, which can vary significantly from other Brea property management companies. At Good Life Property Management, we offer house, condo, and/or 2-4 units property management for an 8% monthly management fee. Alternatively, we provide multi-family (5-15 units) property management for a 6% monthly management fee. In addition to monthly management fees, we charge a leasing fee (which is 25% of one month’s rent), a $150 annual inspection fee, and a $195 lease renewal fee.

For Non-California residents, the Franchise Tax Board (FTB) requires property managers to withhold a percentage of income from property owners who live out of state as a pre-tax. payment. Our charge is $50/quarter, which covers submitting these payments on your behalf and your annual tax forms. We ensure compliance and timely filings so you can avoid penalties and focus on what matters most. To learn more about our Brea property management services and pricing, please visit our Services and Pricing

What to look for in a Brea Property Manager

When interviewing Brea property management companies, you want to make sure they offer holistic property management services. For residential properties, we recommend the following services:

  • Helping you get the property ready for renting
  • Property marketing and advertising  
  • Showing the property to prospective tenants 
  • Screening and selecting qualified tenants 
  • Leasing signing and lease management 
  • Tenant support and 24-hour emergency maintenance services 
  • Rent collection and direct deposits services
  • General maintenance and annual inspections 
  • Periodic walkthroughs 
  • Lease modifications (i.e. adding a pet to the lease) 
  • Reports, photos and financial statements 
  • Legal notices to move tenants out 
For more information on what to look for in a Brea property manager, check out our Proven Process.

Marketing

How we market your property

We use the most popular online platforms to market your Brea rental property. Through paid syndications, we create listings on websites such as Zillow, Trulia, Hot pads, and 50+ more major rental sites so we can get your rental the most exposure and find the best-fit tenant. Our team will take high-quality professional pictures of your rental and create a high-definition 3D virtual tour. We also write extensive information about your rental, including, amenities, price, community features, and other important living information so we can attract good candidates. Finally, we offer 7 day showing access and support for prospective tenants. 

How we help you find the perfect rent price

Our Brea rental property specialists assist you in determining the best rental price for your property by conducting a thorough market analysis. This includes investigating comparable properties in the Brea area, examining current rental market conditions, seasonal fluctuations, and taking into account factors such as your property’s location, size, and condition. Based on this analysis, we will recommend a competitive rental price that will help you attract the right tenants for your property.

Furthermore, our Brea property management services include monitoring the rental market and adjusting the price for each new lease term. That way, we can ensure that your property remains competitive and generates a healthy rental income.

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Tenant Screening

The Good Tenant Screening

At our Brea property management company, we understand the importance of finding the right tenant. That’s why we’ve built our Good Tenant Screening process. This thorough and comprehensive process ensures that we find tenants who are reliable, responsible, and will take care of your property as if it were their own. Our screening process includes credit checks, background checks, previous landlord references, and more. We take the stress out of finding qualified tenants and give you peace of mind knowing that your property is in good hands. 

Rent Collection

We direct deposit rent to your bank account

We use online rent payment portals, automated reminders, and late payment penalties to make sure that rent is paid on time. We also have a dedicated team who will follow up with tenants who are late on their rent to ensure that payments are received as soon as possible. With us as your Brea property management company, you can rest easy knowing that rent collection is in good hands and that you’ll always be paid on time.

Maintenance

We’ve got your property maintenance covered

There are so many benefits to a well-maintained property; they rent faster, keep tenants happy, and have low turnover. That’s why we’re invested in quality maintenance and inspections of your property. Over the past 10 years, we’ve built great relationships with the best vendors in Orange County, so we can make sure your property receives affordable and quality care. We also offer 24-hour emergency maintenance services to ensure your tenants are always taken care of. Brea property management has never been so easy. 

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Earn money through our Agent referral program by referring clients who need Brea property management services.

We make owning rental property easy

Renting your property shouldn’t be a hassle. It should give you a greater abundance of time, money, and energy. We’ve developed a team of A-Players who have made this a reality for over 1,000 property owners.
We can do the same for you.

Home Prices

in Brea

Brea was named one of the five best suburbs to live in the West Coast by Sunset magazine in 2006 and continues to have a reputation for its balanced residential atmosphere and quality of life. Brea offers art, culture, and outdoor recreation, making it an excellent city for suburban living. Brea is a popular place to rent because of its proximity to major commercial hubs and tourist destinations in Orange County and Los Angeles. 

Pros of Investing in Brea

Brea’s proximity to popular locations in Orange County and LA such as shopping centers, universities, cultural arts, and job centers in Irvine and Downtown LA makes it a prime spot for renters. The city of Brea is engaged in continuous community development that sets it up for future residential and commercial growth, enhancing its appeal for property investment.

Cons of Investing in Brea

Like most of Orange County, Brea faces high real estate prices that can affect your investment entry point. Brea’s attractive lifestyle and amenities makes for a competitive and intense housing market. However, Brea’s economic growth and development projects promise long-term rental demand in its vibrant community.

Home Prices in Brea

These are the year to date stats as of March 2024. For monthly stats, visit Redfin’s Brea, CA Housing Market.
$1,080,000
The median price of a single-family home in Brea – 92822
$700,000

The median price of condos/townhomes in Brea – 92822

Rental Rates in Brea

These are the 2024 average rent prices in Brea. For monthly stats, visit Zumper.
$3,589/month

The average rent for a 3-bedroom apartment in Brea. 

$2,743/month

The average rent for a 2-bedroom apartment in Brea. 

$1,853/month

The average rent for one bedrooms in Brea. 

Are you debating whether to rent or sell your property?

Use our Rent vs. Sell Calculator to make an informed decision. This tool helps you evaluate your financial future by comparing the potential wealth you could build over time with either option. Make the best choice for your investment with our easy-to-use calculator!

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