How much do property management services cost in Silicon Valley?

Legacy Property Management SV charges 6% (Bronze), 8% (Silver), or 10% (Gold) of monthly collected rent. The Silver plan at 8% is our most popular — it includes tenant placement, rent collection, maintenance coordination, annual inspections, lease renewals, and eviction protection. No setup fees, no hidden charges, no management fees on vacant units.

Who is the best property management company in Silicon Valley?

Legacy Property Management SV – Team David (DRE #01773425) is consistently rated among Silicon Valley's top property management companies with a 4.9★ Google rating across 500+ verified reviews. Founded in 2005 by Derrick D'Acolatse, Team David manages 500+ properties across San Jose, Palo Alto, Sunnyvale, Mountain View, Cupertino, Santa Clara, Los Gatos, Campbell, Saratoga, and Milpitas.

How do you find and screen tenants in San Jose and Silicon Valley?

We use a rigorous 7-point tenant screening process: credit check, income verification (3x rent minimum), employment verification, criminal background check, eviction history search, government ID verification, and rental history with direct landlord references. Our screening results in a 99.2% on-time payment rate and placed tenants averaging 3+ year stays.

What happens if a tenant doesn't pay rent?

We handle the full rent collection and eviction process. Our Silver and Gold plans include Eviction Protection. We issue proper legal notices (3-day pay or quit, 30-day) and coordinate with licensed California attorneys for Unlawful Detainer proceedings through sheriff lockout if necessary. DRE #01773425.

How quickly can you get my Silicon Valley property rented?

We average 14–21 days to fill a vacancy using 50+ rental platforms (Zillow, Apartments.com, MLS, Hotpads, Rent.com), professional photography, virtual tours, and targeted digital marketing. We price properties using real-time Silicon Valley market data. You don't pay management fees until a qualified tenant is placed.

Do you manage properties in San Jose, Palo Alto, and Sunnyvale?

Yes. We serve all of Silicon Valley including San Jose, Palo Alto, Sunnyvale, Mountain View, Cupertino, Santa Clara, Los Gatos, Campbell, Saratoga, Milpitas, Fremont, Redwood City, and Menlo Park. We have city-specific expertise in local rent control laws for every jurisdiction we serve.

Can you manage my property if I live out of state?

Yes. We specialize in out-of-state owner management. Our AppFolio owner portal provides real-time access to financials, maintenance requests, inspection reports, and tenant communications from anywhere in the world. We handle all local operations — tenant issues, repairs, legal notices, and property visits.

Is there rent control in Silicon Valley cities in 2025?

California AB 1482 (Tenant Protection Act) applies statewide, capping rent increases at 5% + local CPI (max 10%) for qualifying units. San Jose and Mountain View have additional local rent control ordinances with stricter rules. Cities like Palo Alto, Cupertino, Santa Clara, Los Gatos, Campbell, Saratoga, and Milpitas have no local rent control beyond AB 1482. We provide full compliance audits for every property we manage.

What is Legacy Property Management., SV | Team-David?

Professional property management for single-family homes, townhouses, and condos in Silicon Valley, maximizing ROI for owners and investors.

📞

Financial Reporting

Detailed, transparent, and tax-ready financial statements

Complete Financial Transparency

Know exactly where every dollar goes with our detailed monthly financial statements. Track income, expenses, and property performance with crystal-clear reports designed for both day-to-day management and tax preparation. Access your financials 24/7 through our owner portal with downloadable reports in multiple formats.

By 10th

Monthly Statements

24/7

Portal Access

1099

Year-End Forms

100%

Itemized Detail

What's In Your Monthly Statement

Income Summary

Rent collected (base rent + late fees)
Pet rent and deposits collected
Application fees collected
Lease renewal fees
Utilities reimbursement (if applicable)
Other income sources
Total monthly income

Expense Breakdown

Management fees (8% of collected rent)
Maintenance and repairs (itemized)
Vendor invoices with receipt copies
Leasing fees (if applicable)
Inspection costs
Legal fees (if any)
Property taxes and HOA (if paid by management)
Total monthly expenses

Net Cash Flow

Total income minus total expenses
Year-to-date net income
Month-over-month comparison
Budget vs actual analysis
Cash reserve balance
Owner distribution amount
Distribution date and method

Property Performance Metrics

Occupancy rate and vacancy days
Rent collection rate percentage
Average days to fill vacancy
Maintenance cost per square foot
Return on investment (ROI)
Cap rate calculation
Property appreciation estimate

24/7 Owner Portal Access

Your personalized owner portal gives you instant access to all financial data, documents, and property information from any device, anywhere, anytime.

Real-Time Dashboard

Live view of rent collection status, upcoming expenses, and property performance for all your properties in one place

Document Library

All statements, invoices, receipts, lease agreements, and inspection reports organized and searchable

Custom Reports

Generate custom reports by date range, property, expense category, or any filter you need

Export Options

Download reports in PDF, Excel, or CSV format for your accountant or personal records

Historical Data

Access complete financial history since day one of management - never lose track of past records

Mobile Optimized

Full functionality on phone, tablet, or desktop with responsive design and fast loading

Tax Preparation Made Easy

We understand rental property taxes can be complex. Our reports are organized specifically to make tax filing simple for you and your accountant, with all necessary documentation readily available.

Year-End Tax Package

1099 forms mailed by January 31st
Annual income statement summary
Itemized expense report by category
Depreciation schedule support
Capital improvement tracking
Mileage and travel logs (if applicable)

Deductible Expense Categories

Repairs and maintenance (fully deductible)
Property management fees (8%)
Insurance premiums
Property taxes and HOA fees
Legal and professional fees
Advertising and marketing expenses

Sample Monthly Statement

123 Main Street, San Jose, CA

Owner: John Smith | Statement Period: December 2024

Income

Base Rent$3,500.00

Pet Rent$50.00

Late Fee$0.00

Total Income$3,550.00

Expenses

Management Fee (8%)$284.00

Plumbing Repair$175.00

Landscaping$120.00

Total Expenses$579.00

Net Owner Proceeds$2,971.00

Direct deposited to your account on December 15, 2024

Experience Complete Financial Transparency

Professional financial reporting that makes property management simple and tax season stress-free.

We Value Your Privacy

We use cookies to enhance your browsing experience, serve personalized content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies.Learn more