Expertise.com

2024

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Best Property Management Companies in Washington DC

Our Recommended Top 8

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 Washington DC 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.

124Reviewed

77Curated

8Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

604 U St NW, Washington, DC 20001

Expertise.com Rating

Review Sources

Google
4.6 (200)
Yelp
3.4 (21)

Why choose this provider?

Bay Property Management Group Washington DC is a premier property management company located in Washington DC catering to the surrounding area, as well as the Baltimore and Philadelphia metros. The company works with a range of property sizes and types, including rental homes, apartment buildings, and single-family homes. Bay Property Management Group prioritizes property management by making it the only focus of the company. They do not place efforts into buying or selling real estate to give clients their undivided attention.

  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening

Washingto, DC

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Why choose this provider?

Need help contacting a Property Management Company in Washingto? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

3 Bethesda Metro Ctr Ste 700, Bethesda, MD 20814

Expertise.com Rating

Review Sources

Facebook
5.0 (49)
Yelp
4.0 (9)

Why choose this provider?

AW Manage provides residential property management services in the Washington, D.C. area. The company processes incoming payments and disburses earnings, markets homes, handles financial reporting, and screens tenants using financial and criminal checks. It also conducts inspections, helps with evictions, and offers legal guidance. The company deals with maintenance by working with vendors and processing requests. AW Manage provides access to a 24/7 online portal where users can view reports and statements.

  • Maintenance
  • Marketing
  • Collection

6820 Elm St, McLean, VA 22101

Expertise.com Rating

Review Sources

Facebook
5.0 (8)
Yelp
5.0 (1)

Why choose this provider?

PMI Quality Property Care is a full-service property management company serving residential and commercial premise owners. The company markets properties using promotional methods that maximize the number of potential tenants. It showcases premises and screens rental reports of interested parties. The property managers collect deposits and rent, and they deliver the funds to landlords' accounts. They offer financial reporting services, maintenance support, and 24-hour repair assistance. PMI Quality Property Care is a member of the National Association of Residential Property Managers.

  • Maintenance
  • Collection
  • Accounting Services

5317 Lee Hwy, Arlington, VA 22207

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Why choose this provider?

Highland Realty is a real estate company serving property owners in Washington, D.C. The company helps property owners manage their premises by providing monthly financial statements and a 24-hour voice messaging system. It also coordinates repairs, screens tenants, handles evictions, and markets vacant properties via printed media and the internet. Property owners have access to a full-time property inspector as well. Highland Realty is a member of the National Association of Residential Property Managers.

  • Marketing

43777 Central Station Dr Ste 390, Ashburn, VA 20147

Expertise.com Rating

Review Sources

Yelp
5.0 (1)

Why choose this provider?

Pearson Smith Property Management serves communities throughout Northern Virginia. Its team, which includes local management personnel, employs a consultative and personalized approach to serving customers in various areas, such as tenant screening, financial reporting, and rent collection. Its inspection, repair, and maintenance solutions are tailored to improve the market value of a property and preserve its owner's investments. Throughout its years of operation, the company has catered to over 700 residential units and numerous NOVA homeowners.

  • Maintenance
  • Marketing
  • Collection

1101 30th Street NW Suite 500, Washington, DC 20007

Expertise.com Rating

Review Sources

Google
5.0 (10)
Facebook
5.0 (3)

Why choose this provider?

BCL Properties LLC is a real estate and property management company with over 15 years of experience in the industry. It offers a range of management services to property owners in Washington D.C., from accounting and pre-move preparations to property maintenance. Its leasing services include advertising and online marketing of rental properties, tenant screening, and co-signing for students. The company provides rental analysis, and it uses web-based property management and accounting software to produce reports and invoices.

  • Marketing
  • Tenant Screening
  • Property Inspection

4201 Northview Dr Ste 103, Bowie, MD 20716
WebsiteLicense: 833

Expertise.com Rating

Review Sources

Google
4.8 (219)
Yelp
4.5 (12)

Why choose this provider?

Silver River Property Management is a company that has been serving landlords in Washington DC and surrounding areas since 2002. It considers factors such as credit score and checks, income and employment verification, and rental history in screening tenants. The business handles rent collection, property marketing, and evictions. It also has a maintenance team that performs inspections and repairs. Its owner and president, Dan Stein, has been acknowledged by the Congressional Record of the United States Congress.

  • Maintenance
  • Marketing
  • Collection

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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