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Best Property Management Companies in Glendale

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Ziprent logo
FEATURED
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Starting at $125/month

Ziprent

Glendale, CA
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  • Maintenance

Business Description

Ziprent - Greater Los Angeles Area is a property management business that was founded by Arvand Sabetian in 2012. It incorporates quality customer service and advanced technology to create easy property rentals. It serves different areas, including Glendale. It provides property management services that allow online rental payments and requests for rental maintenance. Ziprent focuses on long-term rentals but it has a Vacation Home Rental department that may offer short-term rentals. It also takes care of cleaning, painting, and repairs of general turnover items.

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
4.8 / 5 (312)
Yelp
4.5 / 5 (123)

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
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Price: Starting at $125/month

THE EARNEST HOMES logo
FEATURED
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License Verified:

License: 02008003

California Department of Real Estate

Call for Estimate

THE EARNEST HOMES

15303 Ventura Boulevard, Los Angeles, CA 91403
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  • Tenant Screening
  • Property Inspection

Business Description

PMI Golden State specializes in residential property management. It caters to clients in the Glendale area, including foreign investors, first-time landlords, and public figures. Being a full-service property manager, its team handles a range of tasks, from marketing and tenant screening to maintenance and eviction management. Its staff also deals with move-in/move-out inspections, legal compliance issues, and financial reports. Firm president Akarapong “Jesse” Sasomsup is a Certified Apartment Manager managing a portfolio of over $250 million.

License Verified:

License: 02008003

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.
4.9
Google
4.9 / 5 (124)

Price: Call for Estimate

Designation Property Management logo
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License Verified:

License: 02036099

California Department of Real Estate

Designation Property Management

2272 Colorado Blvd., Ste. 1347, Los Angeles, CA 90041
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  • Leasing
  • Tenant Screening
  • Property Assessment
  • Property Maintenance

Business Description

Designation Property Management offers various solutions to homeowners in Glendale. The firm produces rental analyses and tenant screening for houses, condominiums, and apartment units. The team coordinates with lessors during eviction processes and serves the necessary notices. It also collects rent and carries out accounting tasks. Designation Property Management is a family venture. Its property manager Lety Dorigo is a licensed lawyer who originally maintained real estate assets as a side job during law school.

License Verified:

License: 02036099

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
Yelp
5.0 / 5 (39)
Google
5.0 / 5 (13)
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
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Dwell Property Management logo
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License Verified:

License: 01872167

California Department of Real Estate

Dwell Property Management

Los Angeles, CA
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  • Maintenance
  • Marketing
  • Tenant Screening

Business Description

Dwell Property Management serves the Glendale metro area's residential rental property owners. The firm helps analyze rental properties to determine their value and discover ways to market them and attract prospective tenants. Its property managers process applications, screen tenants, and schedule property showings and field marketing inquiries. They also oversee the necessary maintenance and repairs. In addition, owners have 24/7 access to its online portal, which allows them to view investment performance reports and statements. 

License Verified:

License: 01872167

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
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Empire West Property Management, Inc. logo
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Empire West Property Management, Inc.

Vanowen St,, North Hollywood, CA 91605
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  • Maintenance
  • Collection
  • Leasing
  • Tenant Screening
  • Property Inspection

Business Description

Founded in 1990, Empire West Property Management Inc. provides property management services to residential rental property owners in the Glendale area. The firm processes applications and uses advanced screening techniques to quickly fill vacancies with reliable tenants. Its property managers tend to maintenance requests in a timely manner and inspect properties to ensure lease agreement compliance. The company also handles the eviction process, when necessary. Additionally, Empire West Property Management collects rent payment and security deposits.

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

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
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Glendale Property Management logo
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License Verified:

License: 01995788

California Department of Real Estate

Glendale Property Management

807 N Central Ave., Glendale, CA 91203
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  • Tenant Screening
  • Property Maintenance
  • Rent collection

Business Description

Glendale Property Management works closely with residential and commercial property owners to meet their needs. The company's professionals take care of the tenant placement process, posting online vacancy advertisements and performing thorough screening procedures. They also adopt a proactive approach in inspecting and maintaining properties to prevent costly repairs. Glendale Property Management has an online portal for 24/7 rent payments and secure fund deposits. Ed Periyan, its CFO and property manager, carries real estate finance and budgeting work experience.

License Verified:

License: 01995788

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.
4.6
Yelp
5.0 / 5 (39)
Facebook
5.0 / 5 (12)

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
––
KIG Capital Real Estate logo
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KIG Capital Real Estate

12400 Ventura Blvd Ste 792, Studio City, CA 91604
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  • Maintenance
  • Marketing
  • Leasing
  • Accounting Services
  • Property Inspection

Business Description

KIG Capital Real Estate is a property management company serving residential rental property owners in the Glendale area. The firm advertises vacant properties and handles all aspects of lease administration, including application processing, tenant screening, and move-in coordination. Its property managers periodically inspect properties and supervise maintenance and repairs performed by outside vendors and contractors. Additionally, KIG Capital Real Estate collects rent payments and provides property owners with detailed financial records.

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.
4.6
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
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LA Premier logo
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License Verified:

License: 01954431

California Department of Real Estate

LA Premier

500 N. Brand Blvd.20th Floor, Glendale, CA 91203
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  • Property Inspection
  • Property Maintenance

Business Description

LA Premier Group provides property management services to Glendale investors and owners. Its full-service management includes property financing and acquisition, 1031 exchange collaboration, leasing, day-to-day operations, and asset performance strategy development. The company handles both residential and commercial properties. Each asset management strategy is designed to assist owners in achieving their investment objectives.  LA Premier Group comprises property managers, real estate brokers, mortgage consultants, and CPAs. It also offers group investment opportunities and commercial real estate loans.

License Verified:

License: 01954431

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
Yelp
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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Lake Street Associates, Inc. logo
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License Verified:

License: 01298226

California Department of Real Estate

Lake Street Associates, Inc.

440 Western Ave Suite 202, Glendale, CA 91201
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  • Tenant Screening
  • Property Inspection
  • Property Maintenance

Business Description

Lake Street Associates, Inc., manages rental properties for homeowners and lessors in Glendale and its nearby areas. The firm collects rent and negotiates lease terms and agreements. Its team of experts maintain premises and construct necessary improvements. It also makes targeted marketing plans and crafts exit strategies. The company is experienced in managing apartment complexes, single-family structures, and retail centers. Lake Street Associates is a full-fledged brokerage with more than 30 years of real estate experience.

License Verified:

License: 01298226

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
Los Angeles Property Management Group logo
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Los Angeles Property Management Group

12750 Ventura Blvd Ste 202, Studio City, CA 91604
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  • Marketing
  • Closing

Business Description

Los Angeles Property Management Group provides property management services to commercial and residential rental property owners. The firm films virtual tours of every vacant property and posts them on various listing websites and social media outlets. Its property managers conducts extensive applicant screenings which involve background checks and contacting previous landlords. Additionally, Los Angeles Property Management Group handles scheduled and preventative maintenance in a timely manner and solicits tenant feedback on services rendered.

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.
3.9

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
Pear Inc logo
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License Verified:

License: 02052446

California Department of Real Estate

Pear Inc

118 S. Kenwood St, Ste 204, Glendale, CA 91205
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  • Property Assessment

Business Description

Pear Inc is a firm that caters to customers throughout the Greater Glendale metro. It offers property management services which include the collection of rental payments, tenant screening and selection, and special projects management and administration. The company has an online portal where tenants can pay their rent and where owners can access information regarding their rental properties. Pear Inc also assists clients with real estate sales and acquisitions, real estate leases and subleases, and property cash flow analysis.

License Verified:

License: 02052446

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
Yelp
4.5 / 5 (21)
Google
4.8 / 5 (20)

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
Property Management Inc. logo
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Property Management Inc.

15303 Ventura Blvd Ste 900, Sherman Oaks, CA 91403
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  • Maintenance
  • Marketing
  • Collection
  • Accounting Services
  • Tenant Screening

Business Description

As a franchise office of Property Management Inc., PMI Golden State provides property management services to residential rental property owners in the Glendale area. The firm specializes in managing single-family homes, luxury real estate, condominiums, and townhouses. Its property managers conduct property analyses prior to listing and proactively advertise vacancies to attract quality applicants. Additionally, PMI Golden State provides property maintenance services in a timely manner. The company also offers robust financial reporting for property owners.

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 (5)

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
Real Property Management East San Gabriel Valley logo
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License Verified:

License: 01904551

California Department of Real Estate

Real Property Management East San Gabriel Valley

758 E Colorado Blvd Suite 209, Pasadena, CA 91101
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  • Marketing
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Rent collection
  • Property Maintenance

Business Description

Real Property Management East San Gabriel Valley has been serving Glendale and its surrounding communities for 25 years. It offers a wide range of residential property management services including maintenance, accounting, full-service leasing, rent collection, regular evaluation, and marketing and advertising. Its team of professionals maintains open communication by providing access to an online account portal that contains information about property inspections, payments, and financial reporting. The company has been featured in different publications, such as Wall Street Journal and Entrepreneur Magazine.

License Verified:

License: 01904551

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.
4.8
Google
4.8 / 5 (104)
Facebook
4.6 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
RentalHouse Property Management logo
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License Verified:

License: 02140502

California Department of Real Estate

RentalHouse Property Management

450 N Brand Blvd Suite 600, Glendale, CA 91203
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  • Property Maintenance

Business Description

RentalHouse Property Management serves clients throughout Glendale and the neighboring areas. It offers various types of property management packages, helping clients in managing their investments. Its level one package enables investors and owners to be more involved in handling their properties while the level four package allows them to be entirely hands-off. The company handles maintenance requests, tenant inquiries and move-ins, scheduled inspections, and rental payment collections. It also provides tenants and owners access to an online portal to view their accounts.

License Verified:

License: 02140502

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 (17)
Yelp
5.0 / 5 (4)
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
Rossmoyne Property Management logo
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License Verified:

License: 00659141

California Department of Real Estate

Rossmoyne Property Management

1300 North Verdugo Road, Glendale, CA 91208-2895
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  • Maintenance
  • Leasing
  • Closing

Business Description

Rossmoyne Property Management is a team of real estate professionals that caters to clients in Glendale. They assist property owners with rent collection, tenant screening, bookkeeping, and property maintenance. The team checks income, rental, and credit history to select tenants. It maintains a listing of available local properties for prospective tenants to browse. Rossmoyne Property Management is a family-owned enterprise that has been operating since 1979. Its president, Bonnye Sirk, is a member of the California Apartment Association.

License Verified:

License: 00659141

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.
4.1

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
S.I.G. Property Management logo
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License Verified:

License: 01275836

California Department of Real Estate

S.I.G. Property Management

2937 Honolulu Ave, Glendale, CA 91214
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  • Tenant Screening
  • Market Vacancies

Business Description

S.I.G. Property Management has been serving the Glendale community and nearby areas since 1991. Its multilingual property managers assist tenants and landlords who speak Spanish, Armenian, and Arabic. It handles single-family homes, individual condos, apartment buildings, and commercial properties. Its representatives take care of various aspects of rental management such as tenant screenings, rent collections, and evictions. Maintenance jobs are handled by its in-house staff and vetted vendors. Its portal is available 24/7 for answering online requests.

License Verified:

License: 01275836

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.
3.9
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
––
SIG Property Management logo
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SIG Property Management

2937 Honolulu Ave, La Crescenta, CA 91214
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  • Maintenance
  • Marketing
  • Tenant Screening

Business Description

Founded in 1991, SIG Property Management provides property management services to residential rental property owners in the Glendale area. The firm markets properties on multiple platforms and thoroughly screens applicants with background checks, criminal history checks, and credit checks. Its property managers address maintenance requests via an online tenant portal and dispatch vetted vendors to complete all work on the property. Additionally, SIG Property Management provides an owner portal for 24/7 access to financial documents and reports.

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
Yelp
4.0 / 5 (98)
Facebook
4.5 / 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
––
Tiao Properties logo
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License Verified:

License: 01983718

California Department of Real Estate

Tiao Properties

2658 Griffith Park Blvd., #418, Los Angeles, CA 90039
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  • Property Inspection
  • Property Maintenance

Business Description

Tiao Properties is a family-owned and family-operated full-service real estate brokerage, management, and investment company. It handles the property management needs of investors in Glendale. Its property managers supervise single-family and multifamily homes, as well as commercial buildings. Their services include tenant screening, financial reporting such as rent collection and monthly or yearly accounting statements, and maintenance and inspection. The company extends its services to home buyers and sellers, tenants, and those looking for investment properties.

License Verified:

License: 01983718

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.
4.9
Yelp
5.0 / 5 (49)
Google
4.8 / 5 (24)
Facebook
4.7 / 5 (18)

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
Trumark Real Estate Management and Services logo
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License Verified:

License: 00134795

California Department of Real Estate

Trumark Real Estate Management and Services

320 Arden Avenue, Suite 110, Glendale, CA 91203-1167
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  • Tenant Management/Customer Service
  • Property Maintenance

Business Description

Trumark Real Estate Management and Services supports the operation of rental property owners and investors in Glendale and surrounding areas. Its property management solutions involve administrative services, 24/7 emergency maintenance, periodic inspections, and accounting— this includes rental collection, bill payment, and monthly financial statement preparation. The company also provides extended services such as property tax appeals, construction supervision, and market analysis. Its secure online portal serves both owners and tenants who need to either access resources and documents or file maintenance requests.

License Verified:

License: 00134795

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
4.6 / 5 (156)
Yelp
3.5 / 5 (101)
Facebook
4.6 / 5 (29)

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
––
Utopia Management logo
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License Verified:

License: 01197438

California Department of Real Estate

Utopia Management

655 N Central Ave Fl 1700, Glendale, CA 91203
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection
  • Community Management

Business Description

Utopia Management is a team of professionals with many years of experience in different aspects of rental property management. They specialize in a variety of properties, including single-family homes, apartments, condominiums, and commercial buildings. Their services include inspections, marketing, building maintenance, lease administration, collections, and evictions. They also handle financial management, tenant retention programs, and vendor management. Additionally, the team has an online portal that gives tenants easy access to their accounts. Utopia Management also provides real estate services for buyers and sellers.

License Verified:

License: 01197438

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
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.

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