Expertise.com

Best Property Management Companies in Detroit

2024

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Providers

Last updated:

Website
Royal Oak, MI 48068
  • Maintenance
  • Leasing

Why choose this provider?

R and B Property Management provides full-service commercial and residential management solutions. Its team manages apartment buildings, offices spaces, retail facilities, and industrial complexes. The company takes care of advertising across the appropriate online resources and conducting thorough tenant screenings. R and B Property Management takes responsibility for maintenance matters, including lawn care and building upkeep as well as repair requests. Its managers collect rents and pay contractors and vendors in addition to insurance and taxes.

Website
27883 Independence Street, Farmington Hills, MI 48336
  • Maintenance
  • Tenant Screening

Why choose this provider?

Botsford Place Terrace Apartments is a family-owned and operated property management company that serves communities in Detroit. Whether the client is looking for a contemporary residential property or a luxury apartment, their project managers fully commit to assisting with all tenant concerns. The company offers newly-renovated, modern-designed apartment units with spacious living areas and closet space in a comfortable and safe community. They also come in one-, two-, or three-bedroom apartment homes.

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.
3.7
Google
4.0 / 5 (35)
Yelp
2.0 / 5 (4)
Facebook
2.3 / 5 (3)

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
Detroit, MI 48223
  • Marketing
  • Collection
  • Leasing

Why choose this provider?

F.B.P. Property Management LLC has provided a full range of residential management services for more than 15 years. The company's property managers in Detroit work with clients who need assistance with a single-family home, duplex, or a portfolio containing a condominium complex. They evaluate the properties in comparison to current local market analyses to help maximize their clients' ROI. The company's services include advertising, tenant screening, ongoing maintenance and inspections, and financial services with clients receiving detailed monthly 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.
5.0
Yelp
5.0 / 5 (22)
Facebook
4.8 / 5 (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

Website
30835 W 10 Mile Rd, Farmington Hills, MI 48336
  • Maintenance
  • Marketing

Why choose this provider?

Palladium Property Management provides comprehensive short- and long-term residential property management services. The company's leasing professionals are committed to providing quality customer care. They coordinate with clients to help them achieve maximum ROI while providing tenants with quality rental conditions. Utilizing the appropriate online platforms, the team prepares the spaces and advertises them across multiple sites. They provide complete tenant and guest communication from screening to lease or vacation rental agreement.

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
18570 Grand River, Detroit, MI 48223
  • Community Management

Why choose this provider?

Midpoint Real Estate Services is a Detroit property brokerage with a focus on providing full-service management. For more than 25 years, it has been helping investors and owners advertise and promote rental homes, fill tenant vacancies, take care of property repairs and maintenance, and handle evictions. Tenants can pay rent 24/7 via an electronic portal which owners can also access for financial reporting. The company also offers income property accounting, leasing, and compliance, and certification handling services.

License Verified:

License: 6505396781

Michigan Department of Licensing and Regulatory Affairs

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
4.4 / 5 (42)
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.
3.5
Responsiveness
Friendliness
Helpfulness
Detail

Website
30500 Northwestern Hwy, Farmington Hills, MI 48334
  • Maintenance
  • Marketing
  • Collection
  • Accounting Services
  • Tenant Screening

Why choose this provider?

NHL Property Management helps clients in Detroit and the surrounding areas in maintaining and protecting their real estate assets. Its property management specialists perform rental market analysis, rent collection, property inspection and maintenance, and eviction management. They use a web portal that allows clients and tenants to view payments, submit maintenance requests, and access full reports. With more than 80 years of combined experience in residential brokerage services and rental property management, they can handle condominiums, single-family homes, and multi-family homes.

License Verified:

License: 6​5​0​5​3​6​4​5​8​7

Michigan Department of Licensing and Regulatory Affairs

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 (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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
12345 E 12 Mile Rd, Warren, MI 48093
  • Maintenance
  • Tenant Screening

Why choose this provider?

Champion Property Management serves the needs of landlords and tenants in Detroit. It offers solutions for residential and commercial properties aimed at maximizing returns and protecting the assets' values. Its managers handle matters involved in the properties' leasing and administration like marketing, tenant placing, and accounting. They also provide investor consulting on the rate of return and ownership. In addition, they assist tenants in the mortgage process if the property owner agrees on a rent-to-own setup.

License Verified:

License: 6​5​0​5​2​8​9​4​5​3

Michigan Department of Licensing and Regulatory Affairs

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
5.0 / 5 (22)
Facebook
3.3 / 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

Website
3040 E. Grand Blvd, Suite 101., Detroit, MI 48202
  • Maintenance
  • Marketing
  • Rent collection

Why choose this provider?

Reserve Management Company serves rental property owners in Detroit. The company handles single-family and multifamily homes of 30 units or fewer. It assists with tenant screening, lease execution, rent collection, accounting, repairs, and maintenance. It provides 24/7 emergency response to tenants' needs. Reserve Management Company limits its management portfolio to provide individualized services to both owners and tenants and comprehensive supervision for each property. The company also helps clients with property acquisition and renovation. It holds real estate broker and builder licenses.

License Verified:

License: 801985816

Michigan Department of Licensing and Regulatory Affairs

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
4.3 / 5 (45)
Facebook
5.0 / 5 (15)

Website
17096 Dora St, Melvindale, MI 48122
  • Maintenance
  • Marketing
  • Tenant Screening

Why choose this provider?

Transworld LBJ Realty is a property management company serving residential and commercial clients in Detroit. It provides management services for property owners and tenants that include property marketing, tenant recruiting and screening, and mortgage payment. Account statements are available in a written statement or online in real-time. Its property managers handle residential homes, condominiums, multi-family homes, and vacant lands. Their services also cover new construction project developments and 1031 exchanges. Transworld LBJ Realty exclusively advertises and offers Downriver properties.

License Verified:

License: 6506007078

Michigan Department of Licensing and Regulatory Affairs

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 (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

Website
872 E Auburn Rd, Rochester Hills, MI 48307
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Why choose this provider?

Real Property Management Silverstone serves clients in Detroit. The company handles marketing and advertising for its managed properties through various methods, such as posting ads on high-traffic websites. It also handles tenant screening, which covers potential tenants' employment verification, credit history, criminal background, and sex offender registry if allowed by state law. The Wall Street Journal, Forbes Magazine, and Entrepreneur Magazine have recognized Real Property Management as one of America's fastest-growing franchises.

License Verified:

License: 6​5​0​2​4​3​0​5​9​6

Michigan Department of Licensing and Regulatory Affairs

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
15501 Metropolitan Pkwy Ste 105, Clinton Twp, MI 48036
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

Great Lakes Property Management Co. serves homeowners in Detroit and its nearby communities. Using over a decade of industry experience, the company manages various kinds of properties, including apartments, condominiums, townhouses, and single-family homes. Its scope of work includes advertising properties, tenant screening, and eviction coordination. It also handles rental analysis, with its staff assessing the client's property to give a rental price recommendation suited to the current conditions of the market. The company manages over 130 properties throughout its service area.

License Verified:

License: 6​5​0​5​4​2​0​7​1​4

Michigan Department of Licensing and Regulatory Affairs

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
40020 Twelve Mile Rd, Novi, MI 48377
  • Maintenance
  • Tenant Screening
  • Property Inspection
  • Rent collection

Why choose this provider?

JMZ Management is a locally operated company that provides services to single-family and multi-family residential property owners in Detroit and the surrounding communities. It covers tenant screening, property marketing, rent collection, building maintenance, and property inspections. It also handles financial reporting and evictions and offers advice in legal disputes. JMZ Management provides virtual tours to promote the property, an online owner portal with 24/7 access, and a communication turnaround time of 24 to 48 hours to address various tenant issues.

License Verified:

License: 6​5​0​5​3​6​9​3​3​8

Michigan Department of Licensing and Regulatory Affairs

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
4.2 / 5 (319)
Facebook
4.4 / 5 (42)
Yelp
1.5 / 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.
2.5
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.

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