Expertise.com

Best Property Management Companies in Fremont

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Property Management Companies FAQs

Learn more
Ziprent logo
FEATURED
Visit WebsiteWebsite
Starting at $125/month

Ziprent

Fremont, CA 94536
Visit WebsiteWebsite
  • Maintenance
  • Collection
  • Accounting Services

Business Description

Ziprent offers full-service property management services to property owners and tenants in the Fremont area. The company aims at combining technology with high-quality customer service to provide efficient property management services for its clients including, property listing, tenant placement, rent collection, property maintenance, property concierge, and support services. Ziprent charges a flat fee for its services and provides property management services in multiple locations across California.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
4.9 / 5 (301)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Price: Starting at $125/month

A to B Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01264949

California Department of Real Estate

A to B Property Management

1975 Hamilton Avenue, Suite 32, San Jose, CA 95125
Visit WebsiteWebsite
  • Tenant Screening
  • Property Inspection
  • Property Assessment
  • Screen new tenants
  • Rent collection
  • Property Maintenance
  • Market Vacancies

Business Description

A to B Property Management is a full-service property management company serving property owners from Fremont and the surrounding areas for more than 25 years. It advertises clients' properties online and in print and screens tenants, and draws up lease agreements. Its property management services include rent collections, late payment follow-ups, property repairs or maintenance, and annual inspections. A to B Property Management is a member of the National Association of Residential Property Managers.

License Verified:

License: 01264949

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Yelp
4.5 / 5 (26)
Facebook
4.7 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Aapex Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01013954

California Department of Real Estate

Aapex Property Management

3526 Investment Blvd #212, Hayward, CA 94545
Visit WebsiteWebsite
  • Screen new tenants

Business Description

Aapex Property Management is a company serving property owners in Fremont and the surrounding areas. It was founded in 1989 by Mike Carlson, who is a member of the National Association of Residential Property Managers and has been an instructor on various property management subjects. Services offered by the company include performing screenings on prospective tenants, collecting rent, and conducting inspections and maintenance work. The company can also perform accounting services and market the property of its clients.

License Verified:

License: 01013954

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
4.5 / 5 (182)
Facebook
4.5 / 5 (57)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Advent Properties, Inc. logo
Visit WebsiteWebsite

Advent Properties, Inc.

6701 Koll Center Parkway, Pleasanton, CA 94566
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Leasing

Business Description

Advent Properties, Inc. is a property management firm consisting of property managers near Fremont. Located in Pleasanton, the team provides a variety of residential and commercial management services to clients. These services include collecting security deposits and monthly rents; responding to maintenance requests; enforcing local, federal, and state laws; sending monthly statements; and conducting property inspections every six months or upon request. Advent Properties, Inc. also handles social media marketing of properties.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
3.9 / 5 (27)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Baylife Property Services logo
Visit WebsiteWebsite

License Verified:

License: 02081455

California Department of Real Estate

Baylife Property Services

41111 Mission Blvd, Fremont, CA 94539
Visit WebsiteWebsite
  • Marketing
  • Collection
  • Tenant Screening
  • Market Vacancies

Business Description

Baylife Property Services serves tenants and owners in Fremont and the neighboring areas. The property management business oversees units, houses, and townhouses for its clients. Its team handles advertising, marketing, employee training, and payroll management. The firm also collects rent, conducts accounting, and prepares monthly financial statements for its customers' properties. In addition, it runs credit and criminal screening for potential renters and buyers. Baylife Property Services has separate portals for tenants and owners on its website.

License Verified:

License: 02081455

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Best Property Management Inc. logo
Visit WebsiteWebsite

Best Property Management Inc.

40069 Mission Blvd, Fremont, CA 94539
Visit WebsiteWebsite
  • Maintenance
  • Closing

Business Description

Best Property Management Inc. employs a professional team of property managers in Fremont. Serving clients within the city and throughout its surrounding areas for more than 30 years, the company offers a broad range of rental management services. This includes comprehensive market analyses, online marketing and signage, tenant screening, rent collection, utility payments, and inspections. Best Property Management Inc. stays up-to-date with current landlord-tenant laws and ensures compliance in all matters.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.8
Google
5.0 / 5 (127)
Yelp
4.5 / 5 (85)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Cornerstone Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01811793

California Department of Real Estate

Cornerstone Property Management

1190 S Bascom Ave, San Jose, CA 95128
Visit WebsiteWebsite
  • Tenant Screening
  • Property Maintenance
  • Rent collection
  • Market Vacancies

Business Description

Cornerstone Property Management offers its services to the Fremont community and its neighboring areas. It provides full property management solutions, including marketing, tenant background check and screening, rent collection, property inspections, maintenance, and eviction processing assistance. It provides an online tool to help investors and rental property owners manage paperwork and financial reports, including statements. The company strives to help tenants in easy maintenance request submissions and rental payments through its online portal. Its founder, Brian Bonnifield, has been managing properties since 1989.

License Verified:

License: 01811793

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.7
Google
4.7 / 5 (221)
Facebook
5.0 / 5 (9)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Doorstead logo
Visit WebsiteWebsite

Doorstead

2193 Fillmore St, San Francisco, CA 94115
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening
  • Property Inspection
  • Property Assessment

Business Description

Doorstead is a Fremont full-service property management brokerage that provides cash-flow certainty to owners in the area with an upfront rental guarantee, regardless of occupancy. Founded by a team from Uber and Goldman Sachs, Doorstead offers owners peace of mind by handling every stage of the property rental process, from finding and screening tenants, managing maintenance and repair requests, ensuring the property stays in great condition with annual inspections, and handling lease agreement and rental payments. Doorstead (DRE# 02089344) is a member of the California Association of Realtors and the National Association of Realtors.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Yelp
4.0 / 5 (53)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
DWM Properties logo
Visit WebsiteWebsite

License Verified:

License: 02021398

California Department of Real Estate

DWM Properties

15760 Los Gatos Blvd., Los Gatos, CA 95032
Visit WebsiteWebsite
  • Tenant Screening
  • Rent collection
  • Property Maintenance

Business Description

DWM Properties is a full-service property management company serving Fremont clients. Its team oversees the various areas of managing rental units, starting from setting the optimal rental rate. Its managers advertise vacancies, processes application of qualified tenants, supervise repairs, and perform move-out inspections. DWM Properties provides owners their own mini-website for viewing details and accounting reports of their investments. Don Moser, who is a Silicon Valley Association of Realtors member, founded the company in 1989.

License Verified:

License: 02021398

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.2 / 5 (34)
Facebook
4.2 / 5 (10)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Elmer G. Martinez logo
Visit WebsiteWebsite

License Verified:

License: 01091418

California Department of Real Estate

Elmer G. Martinez

702 Marshall St. #320, Redwood City, CA 94063
Visit WebsiteWebsite
  • Maintenance
  • Collection

Business Description

For over 30 years, Elmer G. Martinez has been providing real estate solutions to clients in the Fremont metro. He works with Signature Realty & Mortgage Inc. to deliver property management services for his clients, such as tenant screening, rent collection, eviction management, and property maintenance. Martinez also advises clients on matters related to bidding wars, rent prices, and rental assistance programs. His other services include contract negotiation and property evaluation. Martinez can communicate in English and Spanish.

License Verified:

License: 01091418

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Forbes Group Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01360124

California Department of Real Estate

Forbes Group Property Management

3190 S. Bascom Avenue, Suite 200, San Jose, CA 95124
Visit WebsiteWebsite
  • Tenant Management/Customer Service

Business Description

Forbes Group Property Management has been serving real estate investors in Fremont and other areas in Silicon Valley since 2002. The firm offers full-service property management solutions for residential and commercial markets. It handles the rental operations of single-family homes, apartments, duplexes, and multi-family residences, from market analysis and tenant placement to legal compliance issues. The professionals at Forbes Group believe that it's their role to protect and grow clients' assets by providing quality management services.

License Verified:

License: 01360124

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.5 / 5 (182)
Facebook
4.5 / 5 (57)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Gordon Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01944146

California Department of Real Estate

Gordon Property Management

1596 Church Street, San Francisco, CA 94131
Visit WebsiteWebsite
  • Tenant Screening
  • Property Maintenance

Business Description

Gordon Property Management serves Fremont and its neighboring communities. The company primarily manages single-family homes and multi-unit residential apartment buildings. Its staff assesses the client's property for issues and possible upgrades before advertising it online. The company pairs its online listings with photographs of the property and information like available parking accommodations. It also handles the tenant screening and the lease preparation processes. Company president Stephanie Gordon has served on the board of directors of the Professional Property Managers Association of San Francisco.

License Verified:

License: 01944146

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
4.5 / 5 (57)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Hexagon Investment Network​​ logo
Visit WebsiteWebsite

License Verified:

License: 02011105

California Department of Real Estate

Hexagon Investment Network​​

43225 Mission Blvd, Fremont, CA 94539
Visit WebsiteWebsite
  • Tenant Screening
  • Property Inspection

Business Description

Hexagon Investment Network is a full-service property management company serving Fremont and nearby areas. It offers a wide range of residential property management services, including consultation & inspection, repair & enhancement, and marketing & tenant screening. Aside from managing houses, its team of local agents also specializes in relocation, tenant placement, and house-sitting services. The firm lists different properties such as single-family homes, multi-family residences, condos, industrial facilities, and retail spaces. Its owner, Charles Hin, has more than 15 years of industry experience.

License Verified:

License: 02011105

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
4.5 / 5 (57)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
ICON Real Estate and Loans logo
Visit WebsiteWebsite

ICON Real Estate and Loans

194 Francisco Ln, Fremont, CA 94539
Visit WebsiteWebsite
  • Maintenance

Business Description

ICON Real Estate and Loans offers property management services to property owners and investors in Fremont. This company has been in business for over 20 years, handling pre-rental processes and providing marketing strategies for residential properties. Its property managers screen all interested applicants with background checks. They also prepare the necessary documents for the move-in process. Rent collection and property maintenance are included in their services. The business also performs lease renewals and move-out inspections.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Mission Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01004324

California Department of Real Estate

Mission Property Management

39180 Liberty Street, Suite 202, Fremont, CA 94538
Visit WebsiteWebsite
  • Tenant Screening

Business Description

For over 34 years, Mission Property Management has been offering a broad range of services to individual property owners in the Tri-City area, including Fremont. Its team oversees the upkeep and occupancies of single-family homes, townhouses, duplexes, and condominiums. Its managers inspect and prepare a rental property for optimal rent pricing. They handle the marketing of the property and screening potential tenants. They also work with vendors and contractors like roofers and plumbers to accomplish maintenance and repairs.

License Verified:

License: 01004324

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
3.8
Google
4.5 / 5 (62)
Yelp
2.5 / 5 (25)
Facebook
4.5 / 5 (4)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Perkins Realty Partners logo
Visit WebsiteWebsite

Perkins Realty Partners

1684 Decoto Road, Union City, CA 94587
Visit WebsiteWebsite
  • Marketing

Business Description

Perkins Realty Partners serves owners or landlords seeking the assistance of property managers in Fremont. The company handles vacancies by listing homes on its website and advertising properties on national search engines. Its professional managers conduct comprehensive evaluations to gather more information about how a property's value can be enhanced and how it can be priced appropriately. Tenants are also provided with 24/7 emergency services, while licensed 3rd party vendors perform maintenance requests.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Google
4.5 / 5 (182)
Facebook
4.5 / 5 (57)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Residential Property Management logo
Visit WebsiteWebsite

License Verified:

License: 01908330

California Department of Real Estate

Residential Property Management

38120 Lansing Ct, Fremont, CA 94536
Visit WebsiteWebsite
  • Marketing
  • Leasing
  • Tenant Screening
  • Property Inspection

Business Description

Founded in 1979, Property Management Service helps landlords in Fremont with the daily operations of their rental properties. Its owner, Sandi Ohms, handles single-family homes, condominiums, townhouses, and duplexes. She also takes care of online marketing, signage, tenant screening, rent collection, and maintenance. The property owners she works with receive monthly and annual financial reports and can access their account information anytime through the company's online portal. Sandi also works as a real estate agent.

License Verified:

License: 01908330

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Yelp
4.5 / 5 (28)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Valley Management Group logo
Visit WebsiteWebsite

License Verified:

License: 01369677

California Department of Real Estate

Valley Management Group

1625 The Alameda Suite 707, San Jose, CA 95126
Visit WebsiteWebsite
  • Screen new tenants

Business Description

Valley Management Group has been serving clients in the Fremont metro and nearby areas for more than 35 years. It manages different types of properties, including apartment buildings, condos, and single-family homes. It offers a wide array of services, such as distribution and rent collection, lease preparation, maintenance and repair, property analysis and inspection, and tenant screening. Lloyd Kipp, the founder, has been working in the real estate industry since 1979. He holds the Certified Rental Manager designation.

License Verified:

License: 01369677

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.3
Yelp
2.5 / 5 (59)
Google
4.3 / 5 (50)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Woodlake Anchor logo
Visit WebsiteWebsite

License Verified:

License: 01943875

California Department of Real Estate

Woodlake Anchor

520 Peninsula Ave, San Mateo, CA 94401
Visit WebsiteWebsite
  • Property Assessment

Business Description

Woodlake Anchor is a property management firm that serves communities in and around San Francisco Peninsula, including Fremont. It manages various types of residential properties in the area, including studios, single-family homes, condominiums, townhouses, and multi-bedroom homes. Its services include property evaluation, marketing, tenant screening, rent collection, accounting, and property maintenance. Woodlake Anchor is an Equal Housing Opportunity Agent and does not tolerate any forms of discrimination against prospective tenants. It promotes inclusivity and diversity.

License Verified:

License: 01943875

California Department of Real Estate

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.5
Yelp
4.5 / 5 (39)
Google
4.5 / 5 (31)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

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.

How do I manage a vacation rental property?

Managing a vacation home or short-term rental requires a higher level of involvement when compared to other investment properties. Owners or managers must handle marketing, reservations, check-ins, and cleanings between stays. While a recent study by vacation rental marketplace HomeAway (now part of VRBO) reports that vacation rental income comprises about a quarter of the average rental owner’s income from investing just under 10 hours per week managing their rental, this type of hands-on involvement may not be possible for owners who live out of state or in another region. Professional property managers can assist with one or more tasks, such as cleanings and check-ins, or they can provide comprehensive management services to ensure that the property is generating revenue year-round.

Do property managers pay for repairs?

Yes and no. Property managers may pay for repairs, but the cost is generally deducted from future rent payments or a reserve fund. In most cases, landlords are responsible for maintenance costs and improvements that are needed to preserve or enhance the property’s value. Management firms do coordinate repairs, and some have their own maintenance crews. They can also provide contractor referrals and handle work orders for routine repairs, such as cleaning, painting, plumbing, and changing locks between tenants. Many firms allow tenants to submit maintenance requests online, and they should also provide monthly expense reports showing owners how their money is being spent.

Can a property manager evict a tenant?

Yes, property managers can help to orchestrate the eviction process, from preparing the initial notices to appearing in court and working with law enforcement to ensure that the tenant leaves the property. Situations that warrant eviction include non-payment of rent, lease violations, and illegal activity. Property managers can help to determine the best course of action when dealing with problem tenants.

Can a property manager sign a lease for an owner?

In most states, a property manager can sign a lease. Property owners can appoint a third party to act as a landlord by signing a contract with a management company or by giving power of attorney to a private individual. However, for the contract to be valid, the property manager must have the owner’s authorization.

Is property management worth the cost?

Property managers aren’t cheap, but they’re a worthwhile investment in many cases. Managing a rental property requires time, experience, diligence, and attention to detail. Professional property managers can assist new landlords and long-term investors who have a growing portfolio of rentals. They’re also valuable partners for individuals who work full time, live out of state, or want to enjoy the financial rewards of an investment property without added stress and anxiety.

How do I deal with a bad property management company?

Unresponsive property managers cause problems for property owners and tenants. Reputable management firms should work hard for their fees. No landlord wants to hear from their tenants that the management company isn’t doing its job or is ignoring their concerns. If the manager is skipping routine inspections, accepting bad tenants, or failing to provide monthly expense reports, it’s probably time to hire someone else. Owners should interview several candidates, compare rates, and check references to find a more qualified manager.

Read all FAQs