About Us

First Equity Property Management and Leasing Co. of San Mateo, California is one of the leading property management companies on the peninsula. We specialize in prompt leasing and high quality property management services for rental homes, condominiums, apartment complexes, and associations all over the San Francisco bay area.

Attention to Detail

Being a medium sized company allows us to offer an exceptionally tailored level of attention to both out clients and their properties. Therefore, we have been able to successfully bring the highest returns on our client’s investments by providing top quality property management and leasing services. First Equity Property Management & Leasing Co. has developed into an exceptionally well rounded company, that is more than competent in rental home, association, and apartment management.

Our Philosophy

Our philosophy is “We will manage each property as if it were our own”. We provide superior tenant management, aggressive leasing, lower operating costs, and unbeatable customer service. We have employed this same rewarding philosophy throughout our history, which spans for more than 25 years. To this day, this philosophy continues to generate high income and low expense levels for our clients.

First Equity was founded by Raymond Laherrere in the late 1970’s. He designed the companies management approach on integrity, precision, and long-term client relationships. Today, the firm continues under the leadership of his son, Vince Laherrere, a California Licensed Real Estate Broker (DRE), Certified Manager, and Licensed General (B) Contractor (CSLB).

With over four decades of experience, the Laherrere family has combined traditional values with modern innovation. First Equity has carefully built a team of seasoned accounting experts, ensuring exceptional financial accuracy and accountability for every association. Under Vince’s direction, the company has also developed proprietary software systems that streamline operations, improve transparency, and elevate communication between boards, residents, and vendors.

Both Vince and Raymond Laherrere are proud members of the National Association of REALTORS® (NAR) and the San Mateo County Association of REALTORS® (SAMCAR) — and, as a company standard, all managers who serve First Equity communities are also required to maintain active REALTOR® membership. This ensures every client receives professional representation held to the highest national code of ethics.

One of the company’s well-known strengths includes its expert Project Management division, led by professionals with deep construction knowledge and field experience. This unique capability allows First Equity to guide and oversee major construction projects with precision — protecting clients from unnecessary costs, reducing exposure to change-order risks, and ensuring that all work is completed to a professional standard of quality, safety, and efficiency.

Through a rare blend of real estate, construction, financial, and technological expertise, First Equity delivers results-driven management and reliable protection for California communities.