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2024

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Best Property Management Companies in Lake Mary, FL

Our Recommended Top 3

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Lake Mary Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

5Reviewed

4Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1151 N Orange Ave, Winter Park, FL 32789
WebsiteLicense: CQ1062271

Expertise.com Rating

Review Sources

Google
4.5 (405)

Why choose this provider?

Real Property Management & Realty serves property owners in Lake Mary and the surrounding areas. As a full-service property management company, it handles leasing, marketing, tenant screening, and rent collection. Additionally, the company handles inspections, maintenance, and renovations. It aims to maximize clients' rental income, protect their properties, and increase their returns. The business is a member of the National Association of Residential Property Managers and the National Association of Realtors. Since 1995, it has helped thousands of property owners achieve their investment goals.

  • Financial Reports
  • 24/7 Maintenance
  • Rent collection
  • Leasing & Marketing
  • Resident Screening

803 W Verona St., Kissimmee, FL 34741
WebsiteLicense: CQ1040864

Expertise.com Rating

Review Sources

Google
4.5 (112)
Facebook
4.5 (83)

Why choose this provider?

Allegiant Management Group works with landlords in Lake Mary and nearby communities. The company specializes in residential property management and caters to those who own a portfolio of homes or a single property. Allegiant's managers, who have over 75 years of collective experience, handle marketing, tenant screening, rent collection, and maintenance coordination. They also guide clients whose goal is to expand their rental portfolios. The agency is a member of the National Association of Residential Property Managers.

  • Maintenance
  • Marketing
  • Leasing
  • Property Assessment
  • Residential Property Management
  • Investment Management
  • Peace of mind
  • Free Rental Analysis
  • Property Management
  • Rental Property

7208 West Sand Lake Road Suite 303, Sand Lake, FL 32819
WebsiteLicense: SL3598228

Expertise.com Rating

Review Sources

Google
5.0 (1)

Why choose this provider?

Rezo Property Management serves residential customers, business owners, and real estate investors in Lake Mary. The company provides several property management services, from accounting solutions and tenant screening to digital marketing strategies and 24/7 maintenance and repairs. Its team of agents guides clients throughout the process, which involves updating them with real-time ownership insights and offering platforms to manage reservations and communication with guests. They have managed condominiums, office buildings, luxury homes, and single-family residences.

  • Maintenance
  • Collection
  • Tenant Screening
  • Property Maintenance
  • Screen new tenants

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Real Property Management & Realty
1151 N Orange Ave, Winter Park, FL 327898% Monthly Management
Allegiant Management Group
803 W Verona St., Kissimmee, FL 34741Free Rental Analysis
Rezo Property Management
7208 West Sand Lake Road Suite 303, Sand Lake, FL 32819Call for estimate

FAQs

  • What is property management?

    Property management is the business of controlling and overseeing real estate, including residential and commercial rental properties. These professionals handle general maintenance and day-to-day operations on behalf of the property owner. They’re responsible for marketing properties, finding and screening tenants, collecting rent, and preparing units between leases. They may also handle repairs, evictions, and any problems that arise.

  • What does a property manager do?

    Professional property managers perform critical tasks throughout the leasing life cycle, from preparing a rental property, through tenant move-ins and move-outs. They can also provide referrals for legal advice, home repairs, and services that aren’t covered by the management agreement. Here are some of their key responsibilities:

    • Marketing and listing vacant units
    • Processing applications and screening tenants
    • Conducting quarterly and annual inspections
    • Orchestrating move-in procedures
    • Coordinating maintenance and repairs
    • Collecting rent and applying penalties
    • Conducting move-out inspections and returning deposits
    • Handling evictions and posting quit notices
    • Complying with fair housing regulations
    • Compiling monthly expense reports
    • Preparing annual tax documents

  • How much do property management companies charge?

    Property management fees can vary substantially depending on the size of the property, number of units, and scope of service. Property owners can expect to pay one month of rent to fill vacant properties and 10% of the gross cash flow to manage the property. Investors should also account for monthly maintenance, contributions to a reserve repair fund, and early termination fees if they decide to cancel the property management contract. Evictions and other non-routine services typically cost extra.

  • How do I manage a rental property from out of state?

    Managing a property isn’t easy, and the job is even more difficult for out-of-state landlords. Thorough tenant screenings are the best way to prevent many common problems. Landlords should also maintain strong relationships with neighbors who can alert them if anything goes wrong. Investors who prefer a more hands-on approach should consider hiring a property manager to represent their interests.

  • Does a property manager need a real estate license?

    Yes, in most states, property managers must have a real estate license to advertise rentals, show properties, sign lease agreements, collect rent, and perform other fiduciary activities. A community association manager license or similar certification may also be required for professionals who want to work for an HOA or apartment complex, although this credential is optional in most states.

  • How do I find a good property management company?

    Property managers differ significantly in their approach and level of expertise. It’s important for owners to screen potential candidates to ensure that they're choosing the most qualified professional. Here are a few questions to ask during the interview:

    • How many units do you manage?
    • How big is your staff?
    • Do you have a maintenance crew?
    • How long does it take to fill vacant units?
    • What happens if my tenant doesn’t pay on time?
    • Have you ever filed an eviction?
    • What type of communication can clients expect from you?

  • Do property management companies find tenants for rental properties?

    Yes, finding tenants and filling vacancies are key responsibilities for property managers. These professionals are responsible for advertising the property, and they handle all inquiries, applications, and showings. To find the most qualified tenants, managers perform background and credit checks, verify references, and confirm the applicant’s employment information, which can prevent problems and extra costs down the road.

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