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Best Property Management Companies in Somerville, MA

Our Recommended Top 7

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 Somerville 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.

22Reviewed

16Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

245 First Street, Cambridge, MA 02142

Expertise.com Rating

Review Sources

Google
4.7 (3)
Facebook
5.0 (1)
Yelp
5.0 (1)

Why choose this provider?

Waze Development manages residential properties in Somerville and the surrounding areas. Each professional in the company's team has more than a decade of experience in their expertise, which includes social media and traditional marketing, project management, finance, construction, and management. They combine their skills in different areas to help clients achieve their goal, whether it is to find tenants or increase property value. The firm handles various aspects of leasing, from advertising to tenant relations.

  • Maintenance

54 Dudley St, Cambridge, MA 02140

Expertise.com Rating

Review Sources

Google
4.4 (25)
Yelp
5.0 (4)

Why choose this provider?

Boston Capital Management is a team of property managers in Somerville who are dedicated to helping property owners achieve their desired real estate investment goals. The firm is backed by 30 years of experience in managing condo units, residential single-family homes, and multi-family properties. Property owners are provided with a monthly cash statement that can help them keep track of income and expenses. Whenever issues with rent payment or lease agreements arise, Boston Capital Management can assist with legal mitigation and resolution.

  • Marketing
  • Leasing
  • Accounting Services

529 Main Street, Suite 0299, Charlestown, MA 02129

Expertise.com Rating

Review Sources

Yelp
5.0 (4)

Why choose this provider?

Last2 Development, LLC began its operations in 2008 as a real estate development firm. Four years later, it grew and included property management and consulting in its services. Its professionals focus on the preventive maintenance of residential and commercial properties to help ensure the satisfaction of tenants and avoid costly repairs in the future. They also collect rent and handle insurance documents and compliance. The property management company near Somerville coordinates with both tenants and landlords.

  • Maintenance

60 Massachusetts Avenue, Arlington, MA 02474

Expertise.com Rating

Why choose this provider?

DWM Property Management is an Arlington-based property management firm that serves clients in Somerville and the surrounding areas. It offers several services such as rental management, condominium management, and property maintenance. In addition, the firm provides general contracting services, which include repairs, property maintenance, construction, remodeling, and renovation. Clients of DWM Property Management commend the company's level of professionalism, courteousness, and responsiveness, as well as its ability to secure great tenants.

  • Maintenance

Boylston Street, Boston, MA 02116

Expertise.com Rating

Review Sources

Google
4.8 (20)
Facebook
5.0 (7)

Why choose this provider?

MerGo Group is a property management company near Somerville that serves the Greater Boston Area. It has a 24-hour hotline to help address tenant inquiries and schedule emergency repairs. MerGo has an online portal for owners to track financials and rental payments. The tenants also have an online portal where they can pay their rent and request maintenance services. Beyond basic property management services like tenant screening and vacancy advertising, the company's property managers also offer property optimization.

  • Maintenance
  • Marketing
  • Collection

1776 Massachusetts Ave, Cambridge, MA 02140

Expertise.com Rating

Review Sources

Google
3.6 (11)
Yelp
4.0 (10)

Why choose this provider?

Channing Real Estate has over 15 years of expertise in property management. The firm has property managers near Somerville who create tailored solutions for owners of residential properties as well as condominium associations. They provide a wide range of administrative and accounting services, including rent and association fees collection, vendor coordination, board meeting assistance, documents preparation and record-keeping, and budgeting. In addition, the company responds to the emergency maintenance and repair needs of tenants.

  • Maintenance
  • Leasing

154 Salem Street, Boston, MA 02113

Expertise.com Rating

Review Sources

Yelp
4.0 (48)
Google
4.2 (28)
Facebook
5.0 (16)

Why choose this provider?

Fiorelli Realty is a provider of property management services near Somerville. The company's team of property specialists has been handling various aspects of rental properties in Boston for many decades. They are committed to guiding their clients, from finding the right tenants to maintaining the rental properties. Fiorelli Realty is also a real estate business that interacts with property owners and real estate investors and connects them to property buyers.

  • Leasing

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Waze Development
245 First Street, Cambridge, MA 02142
Boston Capital Management
54 Dudley St, Cambridge, MA 02140
Last2 Development, LCC
529 Main Street, Suite 0299, Charlestown, MA 02129
DWM Property Management
60 Massachusetts Avenue, Arlington, MA 02474
MerGo Group
Boylston Street, Boston, MA 02116
Channing Real Estate
1776 Massachusetts Ave, Cambridge, MA 02140
Fiorelli Realty
154 Salem Street, Boston, MA 02113

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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