Expertise.com

Best Property Management Companies in Cambridge

2023

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls
Property Management Companies FAQs 〉

Last updated:

Website
8 Alton Place, Brookline, MA 02446
  • Maintenance
  • Marketing
  • Collection
  • Leasing

Why choose this provider?

Newman Properties is a property management company near Cambridge. It takes care of more than 500 residential properties, office spaces, and retail establishments owned by the company and other landlords. Its property managers assist owners, from the process of finding tenants for vacant properties through the entire duration of a lease. Their services include maintenance, rent collection, and marketing. Newman Properties not only manages real estate but also handles acquisitions even for ground-up construction projects.

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
Facebook
4.8 / 5 (70)
Yelp
5.0 / 5 (9)

Website
179 Boylston St., Jamaica Plain, MA 02130
  • Maintenance
  • Accounting Services
  • Property Inspection

Why choose this provider?

Real Property Management Boston provides property management services in Cambridge and surrounding communities. The company's property managers create customized solutions based on the needs of owners, whether they own one apartment or several commercial spaces. For more than 25 years, they have been assisting clients in securing and assessing tenants, leasing, collecting rents, maintaining properties, executing policies, and accounting. The firm has been widely recognized by different publications and organizations, including Forbes and Entrepreneur Magazine.

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
Google
4.3 / 5 (57)
Yelp
3.5 / 5 (14)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
474 Commonwealth Avenue, Boston, MA 02215
  • Maintenance
  • Marketing
  • Property Inspection

Why choose this provider?

Kenmore Properties is a boutique real estate brokerage in Cambridge that serves buyers, sellers, renters, and investors. Its property managers and agents help clients make informed decisions, whether in investing in the ideal property or increasing the value of their homes. Its management services include maintenance, rent/fee assessments collection, and leasing and sales. It also conducts an analysis of the current market condition and environmental factors prior to promoting the client's property to potential buyers or tenants.

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
4.1 / 5 (19)
Yelp
4.0 / 5 (17)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
10 Magazine Street, Cambridge, MA 02139
  • Maintenance
  • Accounting

Why choose this provider?

Skyline Realty has been providing property management services in Cambridge since 1993. This firm oversees condo associations and investment properties, helping clients handle matters concerning administration, finances, and property insurance. Its professional teams aim to streamline the management process to aid in maximizing association reserves, preserving properties, and resolving repair issues in a timely manner. They also address property marketing, tenant screening, application processing, and leasing needs.

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 (30)
Yelp
3.5 / 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.
2.5
Responsiveness
Friendliness
Helpfulness
––
Detail
––

Website
213 Newbury Street, Boston, MA 02116
  • Maintenance
  • Collection
  • Accounting Services

Why choose this provider?

Cabot & Company is a boutique real estate office that has been in business for over 35 years. It specializes in property management, residential sale, rental, commercial investment, and development. The property managers in Cambridge take a hands-on approach to managing commercial and residential properties. They supervise the repairs and capital improvements, collect rent, and prepare monthly income and expense statements. The company ensures that it is updated with the current condition of the Boston marketplace and the factors affecting it.

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 (33)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
245 First Street 18th Floor, Cambridge, MA 02142
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening

Why choose this provider?

Real Property Management Commonwealth offers professional management services in Cambridge and surrounding areas. Its property managers, who are equipped with knowledge of the local market, work with rental homeowners and investors. They implement a comprehensive marketing and advertising plan to help ensure that the property is exposed to the right market online. Tenant screening and selection are performed with utmost care. This company also prepares contracts and manages lease signings with tenants.

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
4.1 / 5 (14)
Yelp
4.5 / 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

Website
1095 Highland Ave Suite 100, Needham Heights, MA 2494
  • Maintenance

Why choose this provider?

Prestige Homecare is a property management company focusing on providing services to owners of single-family homes in the Needham and Cambridge areas. This membership-based service takes care of the maintenance and repair tasks of each home. The company takes a proactive approach in maintaining its members' homes and conducts seasonal maintenance activities. It also offers emergency maintenance services. Additionally, the company handles the home improvement aspect of owning a home.

Website
139 Brighton Ave, Allston, MA 02134
  • Maintenance

Why choose this provider?

Gateway Real Estate Group is a firm that offers property management and rental services in Cambridge. The properties it manages include townhouses, individual condo units, multi-family houses and buildings, and apartments. Its managers work with contractors for apartment renovation or any maintenance required by the client's property. They also handle the marketing, client showings, and application process of the property. Gateway Real Estate Group also provides move in and move out facilitation and promptly resolves tenant 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
4.5 / 5 (108)

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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

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.