We own an apartment building on Lloyd Street in Lodi and manage houses here for other owners. Lodi is fifteen minutes north of our Stockton office on 99, and our handymen are in town most weeks working on our own building.
Quick Summary: SUM Property Management manages single-family homes and small apartment buildings in Lodi, CA for a flat 7% of the rent we collect, plus 50% of one month's rent when we place a new tenant. No setup, renewal or inspection fee. California DRE licensed, in business since 2015, 4.8 stars on Yelp and Google.
Lodi is a stable town to own in. Tenants stay, rents move slowly, and there is less turnover than in Stockton fifteen minutes south. The catch is that stable can turn into neglected: a tenant who has been in a house for eight years at a rent that has not moved, a roof nobody has looked at, a lease that predates AB 1482. A lot of what we do in Lodi is bringing a well-behaved property back to market without upsetting a good tenant.
We know Lodi from the inside because we own here. Our building on Lloyd Street is ours and our own crew turns the units over, so when we quote a Lodi owner a turnover cost or a rent, it is the number we just paid or just got ourselves. The houses we manage for other owners are in east Lodi and on the west side near Lower Sacramento Road.
Our founder still reads the owner statements, and Stacy runs the leasing. You deal with them and the office team, not a call center.
The same work we do on our own Lodi building. Here is what a Lodi owner can expect from us, month to month.
A vacancy goes on Zillow, Apartments.com, Redfin, Trulia, Zumper and about thirty other sites the same day. Stacy, who runs our leasing, handles the showings. Lodi houses have been renting for us in two to three weeks, and our own units on Lloyd Street rarely sit longer than that.
Credit, eviction and criminal history through Experian and CIC, income verification and rental history. A risk score helps us rank applications, but a person at our office makes the decision, against the same written criteria for everyone.
Our own handymen are in Lodi most weeks for our building, so a small job at your house rides along. Licensed trades we have used for years do the rest, with before-and-after photos on every invoice. Anything over your approval limit waits for your yes.
Tenants pay through the portal, or in cash at CVS, 7-Eleven and Walmart with a barcode we issue. You get a monthly statement, a 1099 every January, and a portal where the ledger is always current.
Tenants get our office number, never yours. Most owners we manage for do not live in the town their rental is in, and many have never met their tenants.
We prepare and serve 3-day and rent-increase notices in-house, keep increases inside the AB 1482 cap, and hand a non-paying tenant to the eviction attorney we have used for years. Bringing a long-held Lodi rent up to market takes two or three capped increases; we plan them for you.
Two fees, the same in Lodi as everywhere we manage. On a house renting for $2,000 that is $140 a month and $1,000 once at placement. On a small building it is 7% of whatever the units bring in.
of the rent we actually collect. A vacant month costs you nothing.
of one month's rent, charged once, when a new tenant signs.
None of these are on our fee schedule.
The full schedule, including the optional items, is on our fees page.
Houses, condos, townhomes and small apartment buildings. We do not take commercial space or large complexes.
Three-bedroom houses in east and west Lodi, renting in the $1,580 to $2,675 range. Long tenancies are normal here.
Our own building on Lloyd Street, and more of them in Stockton. Each unit has its own ledger, with one statement for the building.
We manage these in Stockton and deal with the HOA on the owner's behalf, so we would take one here.
Where our current Lodi properties sit, and what we have learned from leasing in each area.
4.8 stars on Yelp and Google. Quoted as written. Most of our reviews come from Stockton owners, because that is where most of our properties are.
"The team has been working with me to manage my property for a year. They are good communicators, very responsive, and pay attention to details. They are also good problem solvers — they resolve most property and tenant issues timely and cost effectively. A trusted partner to work with."
"The team helps me manage a 20 unit apartment building in Stockton. Even during the pandemic, they collected more than 95% of rent. Their contractor network performs repairs at a discounted rate — after they took over, my monthly repair expenses went down by roughly 30%. Business is good, I'm happy."
"Extremely professional and know what they are doing! I was a little skeptical at first because their fee is lower than anyone else. I had a vacant unit in Stockton the previous management company couldn't rent out for half a year — these guys took over and got it rented in one week at $300 more per month than I expected. Very happy."
With SUM it is 7% of the rent we collect each month, plus 50% of one month's rent once when we place a new tenant. On a $2,000 house that is $140 a month and $1,000 at placement. No setup, renewal, inspection or cancellation fee. Around Lodi you will generally see 7% to 10% a month plus a placement fee of half to a full month, and the add-ons are what separate the quotes.
Two to three weeks for a clean house priced at market, based on what we have leased here and on our own building. Lodi tenants tend to stay, so a vacancy is rarer than in Stockton but not faster to fill. Overpricing is the usual reason a house sits.
Yes, within AB 1482. The cap is 5% plus the local CPI change, never more than 10% a year, with 30 days' notice. A rent that is well under market takes two or three annual increases to catch up, and we plan those out for you and serve each notice. A good long-term tenant is usually worth keeping through that rather than replacing.
Yes. We own an apartment building on Lloyd Street and our own crew maintains it. It is why our repair quotes and rent estimates for Lodi come from what we just paid and just got, not from a spreadsheet.
Single-family houses, condos, townhomes and small apartment buildings. We do not take commercial property or large complexes.
Late fees post automatically and we contact the tenant in the first week. If nothing comes in, we prepare and serve a 3-day notice to pay or quit ourselves. If the tenant still does not pay, we hand the file to the eviction attorney we have used for years, and you approve the eviction before it is filed.
Yes. Stockton, Manteca, Lathrop and Tracy in San Joaquin County, and Modesto and Turlock in Stanislaus County, all from the same office.
Yes. CA DRE Broker #01004922, Agent #02263113, Corporate #02253300. You can look those up on the DRE site.
The same office and the same fee schedule cover San Joaquin and Stanislaus County. One statement, one contact, whichever city the house is in.
Wondering what the rest of the market charges? Our note on what property management really costs walks through a full year, add-ons included.
Book twenty minutes with us. We will look at the property, tell you what it should rent for, and be straight with you if we are not the right fit.
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