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.

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Property Details

Purchase Price ($)

Down Payment (%)

Interest Rate (%)

Loan Term (years)

Monthly Rent ($)

Property Tax/mo ($)

Insurance/mo ($)

HOA/mo ($)

Maintenance/mo ($)

Vacancy Rate (%)

Mgmt Fee (%)

Monthly Cash Flow

-$2,222

Annual Cash Flow

-$26,662

Cap Rate

3.11%

Cash-on-Cash Return

-17.77%

Gross Rent Yield

5.60%

Monthly Mortgage

$3,992

Monthly Expense Breakdown

Mortgage$3,992

Property Tax$750

Insurance$150

HOA$0

Maintenance$200

Vacancy Loss$175

Management Fee$280

Total Expenses$5,547

Effective Rent$3,325

🔴 Below Market

Cap rate is below typical Silicon Valley targets. Review pricing.