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2024

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Best Property Management Companies in Newton, MA

Our Recommended Top 4

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 Newton 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.

21Reviewed

14Curated

4Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

633 Trapelo Road, Waltham, MA 02452

Expertise.com Rating

Review Sources

Google
4.9 (128)
Yelp
4.5 (27)

Why choose this provider?

CJL Rentals & Property Management has been offering property management services in Waltham, Newton, Cambridge, and Arlington since 1992. While the company has added real estate services into its portfolio, its main focus is handling rentals. Its services include pricing of the property, property marketing, tenant screening, and lease administration. In addition, the company facilitates all repair and maintenance work on the property. Moreover, it handles calls and requests of tenants.

  • Tenant Screening
  • Property Inspection
  • Property Assessment

17 Main Street, Watertown, MA 02472

Expertise.com Rating

Review Sources

Yelp
4.0 (10)
Google
4.0 (4)
Facebook
5.0 (3)

Why choose this provider?

The Romo Realty Group LLC offers property management services to clients in Newton. The company has been in business for over 10 years. Its property managers aim to take the stress from property owners by handling property marketing and the tenant screening process. They conduct background checks to find a suitable renter for the property and draft the necessary agreements prior to moving in. Other services include prompt rent collection and fielding maintenance.

  • Leasing

1340 Centre Street, Newton, MA 02459

Expertise.com Rating

Review Sources

Yelp
4.0 (11)
Google
4.1 (9)

Why choose this provider?

Newton Centre Associates is a property management company serving property owners and investors in Newton. It can provide a wide range of property management capabilities, whether the client needs assistance in pre-rental procedures or preparing a property for sale. Its property managers conduct inspections to assess if there is a need for maintenance, repairs, or renovations. They also review insurance policies and provide recommendations on long-term investment planning. Rent collection and tenant relationship management services are also offered.

  • Leasing
  • Tenant Screening
  • Property Inspection

233 Needham Street, Newton, MA 02464

Expertise.com Rating

Review Sources

Yelp
4.0 (5)
Google
3.0 (2)
Facebook
5.0 (2)

Why choose this provider?

Think Real Estate Services offers property management capabilities to clients in Newton and the surrounding areas. It handles residential rental properties including single-family homes and multi-family apartments. The company's property managers oversee the tenant screening process to find a suitable applicant. They manage tenant relations, address their concerns or requests, and provide documentation and reports on the property's current state. They also coordinate with quality vendors for preventive maintenance jobs. Other services include assistance in preparing a property for sale.

  • Maintenance

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
CJL Rentals & Property Management
633 Trapelo Road, Waltham, MA 02452
Romo Realty Group LLC
17 Main Street, Watertown, MA 02472
Newton Centre Associates
1340 Centre Street, Newton, MA 02459
Think Real Estate Services
233 Needham Street, Newton, MA 02464

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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