Expertise.com

2024

Last updated:

Best Property Management Companies in Evansville

Our Recommended Top 3

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 Evansville 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.

25Reviewed

16Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

3811 Covert Ave, Evansville, IN 47714

Expertise.com Rating

Review Sources

Google
3.8 (89)

Why choose this provider?

Homes by Huffman serves residents and property owners in Evansville and the surrounding locations. It provides a selection of property management services, helping investors and landlords find qualified tenants through its screening solutions. The agency also conducts inspections to evaluate a property's condition. Its team also deals with matters involving lease compliance, property performance reporting, and marketing strategy creation. Clients can access their financial and year-end tax statements and monthly summaries 24/7 using the company's online portal.

  • Maintenance
  • Marketing

5024 South Plaza Drive, Newburgh, IN 47630

Expertise.com Rating

Review Sources

Google
3.8 (12)
Facebook
4.6 (9)

Why choose this provider?

Turn Key Property Management is a firm that works with residential and commercial clients in Evansville and nearby cities. It offers a wide range of real estate and property management solutions, such as property rental management, asset management, real estate consulting, property inspections and maintenance, and property construction and remodeling. The company can help deal with repairs through its 24/7 emergency services. Turn Key Property Management is a proud affiliate of the Office of Fair Housing and Equal Opportunity.

  • Maintenance
  • Leasing

7820 Eagle Crest Boulevard, Evansville, IN 47715

Expertise.com Rating

Review Sources

Google
4.4 (62)

Why choose this provider?

F.C. Tucker Emge Realtors is an Evansville-based real estate firm and property management company. With over 180 professional employees, the company manages lease administration, routine maintenance, tenant screening, and applications, collection of payments, and perform necessary evictions. The company also manages villas and condominium units through coordinating repairs and inspections, accounting of association fees, and managing daily aspects of the community. They also feature a Home Watch Program designed to help owners who would have extended absences in their properties.

  • 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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