Expertise.com

Best Property Management Companies in Orlando

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Property Management Companies FAQs

Learn more
Mila Realty logo
FEATURED
Visit WebsiteWebsite
$500 Lease Fee

Mila Realty

1050 Plaza Dr Ste F, Kissimmee, FL 34743
Visit WebsiteWebsite
  • Leasing
  • Tenant Screening
  • Community Management

Business Description

Mila Realty does property management and offers a variety of packages to suit owners with different needs. Its property management packages are divided into tiers based on the amount of monthly rental profits rendered to it as well as the breadth of related services offered, such as extended inspection services and liability coverage options. However, all of Mila Realty's packages offer basic rent collection and bookkeeping services. This company also does commercial property management for office, retail, industrial, and storage spaces.

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

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: $500 Lease Fee

Rate:
8%
Additional:
$500 TENANT PLACEMENT
Verandah Properties, LLC logo
FEATURED
Visit WebsiteWebsite

Verandah Properties, LLC

6900 Tavistock Lakes Blvd Suite 457, Orlando, FL 32827
Visit WebsiteWebsite
  • Leasing
  • Property Inspection
  • Property Assessment

Business Description

Verandah Properties, LLC is an Orlando property management company. Clients count on the team for automated rent collections and payments, marketing, minimized vacancy rates, maintenance, inspection reports, and tenant care. The company's website has an owner portal to access accounting records and data for properties online. Verandah Properties is a member of the NARPM and uses an in-house customized software system to keep track of all accounting and documentation.

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
4.2 / 5 (268)
Yelp
2.0 / 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
Mynd Property Management logo
FEATURED
Visit WebsiteWebsite

Mynd Property Management

1800 Pembrook Drive Suite 300, Orlando, FL 32810
Visit WebsiteWebsite
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

Mynd provides property management services in the Orlando area, with a special focus on single-family rentals. The team combines local expertise with easy-to-use tech to provide true full-service management. From leasing and maintenance to financial reporting, Mynd takes the complexity out of owning a single-family rental. The firm employs an online portal and mobile app, allowing landlords to manage their properties from anywhere, no spreadsheets required. With local teams in over 25 markets across the U.S., Mynd places more than 10,000 residents annually.

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
4.8 / 5 (69)

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
––
Global Vacation Rentals logo
Visit WebsiteWebsite

License Verified:

License: DWE5921697

Florida Real Estate Commission

Global Vacation Rentals

7796 West Irlo Bronson Memorial Highway, Kissimmee, FL 34747
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Accounting Services

Business Description

Global Resort Homes caters to the needs of property owners and investors in the country and worldwide. The company handles full-service management of condos, townhomes, and vacation properties in Orlando and nearby areas. Its professionals help clients by maintaining rentals and bookings, managing utilities and bills, overseeing maintenance, and handling marketing programs. Global Resort Homes is a family-owned enterprise that has been in operation since 1993. To date, it has hosted over 200,000 families.

License Verified:

License: DWE5921697

Florida Real Estate Commission

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
4.3 / 5 (162)
Yelp
2.0 / 5 (22)

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
––
HomeRiver Group Orlando logo
Visit WebsiteWebsite

License Verified:

License: BO2033644

Florida Real Estate Commission

HomeRiver Group Orlando

4407 Vineland Rd STE D15, Orlando, FL 32811
Visit WebsiteWebsite
  • Maintenance
  • Marketing

Business Description

HomeRiver Group Orlando is a property management firm that has worked on more than 4,000 properties. Its full platform of services includes pricing and marketing houses to prevent long vacancies and placing tenants and responding to their needs. Its experts work with several vendors to handle property emergency repairs and preventative services. Community association and developer management are also available. The company extends its services to home buyers and sellers in the community.

License Verified:

License: BO2033644

Florida Real Estate Commission

Innovative Realty, LLC logo
Visit WebsiteWebsite

Innovative Realty, LLC

2250 Lee Rd Ste 206, Winter Park, FL 32789
Visit WebsiteWebsite
  • Maintenance
  • Collection
  • Tenant Screening

Business Description

Innovative Realty LLC offers a complete set of property management services meant to serve the needs of clients who are landlords and investors. It helps clients to attract reliable tenants by marketing their properties using methods informed by data analysis. It screens tenants using background and credit checks and prepares and executes custom lease agreements to protect clients. Besides handling ongoing monetary obligations, such as rent collection, Innovative Realty LLC also offers 24/7 maintenance services.

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
Facebook
4.6 / 5 (23)

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
McCormack Realty & Renters Choice Homes logo
Visit WebsiteWebsite

McCormack Realty & Renters Choice Homes

1633 East Vine Street, Kissimmee, FL 34744
Visit WebsiteWebsite
  • Maintenance
  • Leasing
  • Tenant Screening

Business Description

McCormack Realty & Renters Choice Homes has been serving homeowners and renters in Orlando and the nearby areas for 35 years. Its professional property managers offer 4 levels of rental property service to suit each client's needs. The property managers are experts in creating an individual advertising campaign for each client's property, which lessens tenant procurement time. The team also does the tenant screening, provides detailed property inspections, and fixes all maintenance issues.

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
Google
4.5 / 5 (16)
Facebook
5.0 / 5 (14)
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
Metro City Realty & Condos, Inc. logo
Visit WebsiteWebsite

Metro City Realty & Condos, Inc.

225 S Eola Dr, Orlando, FL 32801
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Leasing
  • Tenant Screening
  • Property Inspection
  • Property Assessment
  • Closing

Business Description

Metro City Realty & Condos Inc. provides property management services in Orlando to owners of residential investment properties. It offers extensive marketing services to find appropriate tenants and then employs a rigorous screening process to ensure they are a good fit. This company offers custom lease agreements that protect its clients' interests and offer flexibility in tenant relations. Its agents also handle rent collection, HOA payments, and other recurring financial obligations for landlords. Metro City Realty & Condos Inc. offers asset management services too.

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
Responsiveness
Friendliness
Helpfulness
Detail
NRS Rental Property logo
Visit WebsiteWebsite

NRS Rental Property

8927 Latrec Ave, Orlando, FL 32819
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

NRS Rental Property Management, Leasing, and Investing is a full-service property management firm serving Orlando and its neighboring areas. It works with real estate investors and rental property owners to maximize their long-term residential property investing goals. Whether clients need unique investment strategy developments or specific market data analysis, the diverse team of experienced real estate investing experts and property managers at NRS Rental Property can customize a tailored suite of services including marketing, leasing and screening, maintenance, 24/7 after-hours call center, inspections, accounting and reporting, rent collection, value-add assessment, and more.

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
4.6 / 5 (37)
Facebook
4.6 / 5 (27)
Yelp
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
Orlando Property Management Execs logo
Visit WebsiteWebsite

Orlando Property Management Execs

Orlando, FL 32835
Visit WebsiteWebsite
  • Maintenance
  • Tenant Screening

Business Description

Orlando Property Management Execs specialize in condo / property management & sales for investors worldwide. Services include advertising, screening tenants, dealing with vendors, paying invoices, coordination of move-ins, rent collection, monthly statements of income & expenses, property inspections, evictions - and when you are ready to exit your investment, they will get your property sold! Orlando Property Management Execs have been serving Orlando for 15 years and are Members of: National Association of Realtors, National Association of Property Managers, and the Orlando Realtor Association.

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
Realsource Property Management logo
Visit WebsiteWebsite

Realsource Property Management

6900 Turkey Lake Rd Ste 2-3, Orlando, FL 32819
Visit WebsiteWebsite
  • Maintenance
  • Tenant Screening

Business Description

Realsource Property Management is a locally owned and managed business that delivers rental and property management services in Orlando. It implements technology in screening for tenants, helping property owners find occupants for single-family residences, condos, townhouses, duplexes, and small apartments. The company provides online marketing, property maintenance, and tenant relation services. The staff also works on property documentation for legal and financial equity. Tenants can acquire emergency maintenance resulting from structural damage or situational hazards.

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
––
Rental Heroes logo
Visit WebsiteWebsite

License Verified:

License: CAB5823

Florida Real Estate Commission

Rental Heroes

230 Country Walk Place, Altamonte Springs, FL 32701
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening

Business Description

Rental Heroes is a property management company servicing local and international property owners in the greater Orlando area. Its services include marketing and showing properties, tenant screening, maintenance and repairs, and rent collection and remittance. It handles tenant evictions, detailed property inspections, and monthly financial statements and offers investor advice. Property owners are able to access and view their leasing status, financial statements, and repair and maintenance requests through a personalized online portal.

License Verified:

License: CAB5823

Florida Real Estate Commission

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
4.0 / 5 (36)

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
RentCare Property Management logo
Visit WebsiteWebsite

RentCare Property Management

8516 Old Winter Garden Rd Ste 200, Orlando, FL 32835
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Tenant Screening

Business Description

RentCare Property Management is a property management company in Orlando serving the needs of residential property owners. This company is a member of the National Association of Residential Property Managers and thus employs highly trained agents to coordinate the operations of its clients' properties, which include things such as tenant screening, rent collection, and annual maintenance and inspection services. RentCare Property Management uses its RentCare system to provide personalized services to clients with unique needs. This company also markets properties using a multitude of exposure methods.

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
Southern Dream Vacation Rentals & Management, Inc. logo
Visit WebsiteWebsite

Southern Dream Vacation Rentals & Management, Inc.

217 Sunny Acres Rd, Davenport, FL 33837
Visit WebsiteWebsite
  • Marketing

Business Description

Southern Dream Vacation Rentals & Management Inc. provides property management services for vacation homes. This company handles all of the ongoing responsibilities related to investment properties. It cleans pools and maintains landscaping on a weekly basis and responds to spontaneous needs and maintenance requests. Its property management services are largely focused on profitability, and a combination of market research and subsequent advertising efforts enables it to maximize revenue. Southern Dream Vacation Rentals & Management Inc. also manages financial obligations by paying recurring bills and taxes.

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
Facebook
4.1 / 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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Specialized Property Management logo
Visit WebsiteWebsite

Specialized Property Management

135 W Pineview St, Altamonte Springs, FL 32714
Visit WebsiteWebsite
  • Maintenance
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

Specialized Property Management in Altamonte Springs offers professional, reliable property management services throughout the Orlando area. The company has more than 30 years of experience in property management and offers a range of services for property owners and investors, such as background checks, application screening, home inspections, and rent collection. It also handles the eviction process if a tenant fails to meet the lease requirements. The business was invited to join the Forbes Real Estate Council in 2018.

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
Google
4.8 / 5 (450)
Facebook
3.5 / 5 (11)
Yelp
1.0 / 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
State Property Management LLC logo
Visit WebsiteWebsite

License Verified:

License: CQ1040614

Florida Real Estate Commission

State Property Management LLC

7802 Kingspointe Pkwy, Suite 102, Orlando, FL 32819
Visit WebsiteWebsite
  • Property Inspection
  • Property Maintenance
  • Market Vacancies
  • Property Management

Business Description

Since 2011, State Property Management LLC has been serving clients in Central Florida, including Orlando. It offers property management services for single-family homes, multifamily properties, and apartment communities. The team of professionals at this company markets owners' properties to potential tenants, conducts tenant background checks, collects rental payments, handles financial reporting and budgeting, and manages escrow accounts. State Property Management is a member of the National Association of Residential Property Managers.

License Verified:

License: CQ1040614

Florida Real Estate Commission

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 (34)

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
––
The Best Vacation Homes logo
Visit WebsiteWebsite

The Best Vacation Homes

13574 Village Park Dr Ste 115K, Orlando, FL 32837
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Leasing
  • Accounting Services
  • Closing

Business Description

The Best Vacation Homes provides property management services in Orlando and assists clients with a range of needs related to their vacation homes including security oversight, maintenance, and accounting services. Clients can use this company to ensure that their properties are safe and functioning optimally, and they have access to a 24/7 support network should they have emergency needs. The Best Vacation Homes also helps clients to find vacation homes and resorts.

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 (21)

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
The Listing Real Estate Management logo
Visit WebsiteWebsite

The Listing Real Estate Management

300 S Orange Ave Fl 10, Orlando, FL 32801
Visit WebsiteWebsite
  • Maintenance
  • Marketing
  • Collection
  • Tenant Screening
  • Closing

Business Description

The Listing Real Estate Management serves clients who need property managers in Orlando to operate their residential rental properties, including both single-family homes and multifamily properties. This company emphasizes its high level of hospitality and aims to deliver this to all of its clients' tenants along with transparent pricing models. It also offers extensive property marketing services and 24/7 correspondence for maintenance concerns, improving rates of tenant retention by responding quickly to issues.

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
Google
4.6 / 5 (296)
Yelp
2.0 / 5 (13)

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
The Realty Medics logo
Visit WebsiteWebsite

License Verified:

License: CQ1032781

Florida Real Estate Commission

The Realty Medics

10027 University Blvd, Orlando, FL 32817
Visit WebsiteWebsite
  • Tenant Screening
  • Property Inspection
  • Property Assessment

Business Description

The Realty Medics is a residential property management company serving Orlando. Its management professionals help clients evaluate their properties and offer repair and improvement recommendations to determine suitable rental rates. Their services include marketing for-rent units, screening prospective tenants, handling rent collection, and assisting in move-ins and evictions. V. Thomas Weclew IV, the company founder, moved to Orlando in 2001 and began buying and selling houses. He added a property management department to The Realty Medics in 2008.

License Verified:

License: CQ1032781

Florida Real Estate Commission

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
4.0 / 5 (50)
Facebook
3.4 / 5 (25)

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