Expertise.com

Best Property Management Companies in Livonia

2024

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Providers

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Website
37000 Grand River Avenue, Farmington Hills, MI 48335
  • Maintenance
  • Property Assessment

Why choose this provider?

Thomas Duke Commercial Real Estate is a company that has been serving individuals in the Livonia metro for more than 40 years. It aims to provide customized and innovative strategic plans to its clients. Its property management services include financial planning, construction and project management, accounting and budgeting, tenant retention programs, and physical condition assessments. It also handles lease administration and consulting services. Thomas Duke Commercial Real Estate believes that the clients' growth is its success.

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
4.3 / 5 (6)
Facebook
5.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
1380 East Jefferson Avenue, Detroit, MI 48207
  • Leasing
  • Tenant Screening
  • Property Assessment

Why choose this provider?

Marketplace Homes's property managers near Livonia provide solutions for homeowners with rental properties. A group of four specialists works with each property owner throughout the management process. They cover the areas of marketing, leasing, property management, and real estate solutions. The firm offers three property management packages that aim to meet clients' unique needs. Marketplace Homes has 3,000 properties under its management. The firm has worked with 6,000 families since its establishment in 2002.

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 (1202)
Facebook
3.8 / 5 (248)
Yelp
1.0 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
38705 West Seven Mile Road, Livonia, MI 48152
  • Maintenance
  • Collection
  • Leasing

Why choose this provider?

GK Property Management, LLC is a full-service company operating in Livonia. It offers a wide range of property management services to investors, homeowners, and landlords, which can include full-service repair, rent collection, accounting, and background and credit investigations. Its team also offers real estate services for tenants who are looking for different types of properties like single-family homes, townhouses, or condos. The company's website features available rental properties in the communities it services. Clients can request a market analysis if needed.

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)

Website
25550 Five Mile Road, Redford Charter Township, MI 48239
  • Maintenance
  • Marketing
  • Collection
  • Leasing

Why choose this provider?

Halo Real Estate Management, Co., is a company located near Livonia. Its property managers also work as real estate lawyers and have been practicing in the industry for more than 30 years. Halo Real Estate Management assists landlords with rent collection, property maintenance, and property advertising and marketing. The company ensures that all prospective tenants undergo background checks before allowing them to move into rental properties. It can also help with tenant evictions and lease agreements.

Attorney Information

Attorney NamesExperience
Janet Keenan - Partner/ Property Manager – Real Estate Attorney38 yrs

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 (4)

Website
15530 Middlebelt Road, Livonia, MI 48154
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services

Why choose this provider?

Status Realty is a full-service real estate and property management company based in Livonia. Real estate specialists can lend their assistance as early as the property acquisition stage. They advise clients on the local real estate market and provide the remodeling services of in-house contractors. In addition to marketing rental properties and screening tenants, property managers handle rent collection and financial reporting. They negotiate lease renewals and deal with evictions. The firm also offers portfolio management and real estate financing services.

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
33150 Schoolcraft Service Road, Livonia, MI 48150
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

Richter & Associates is a Livonia-based firm specializing in full-service property management services throughout Southwestern Michigan. As property manager, the company offers a wide range of services tailored suited to investors, homeowners, or landlords. It prepares and advertises houses such as single-family homes, townhomes, condos, and apartments, for rentals. It also carries out rental collection, routine management and repair, tax and eviction paperwork, and accounting services. Richter & Associates aims to provide a profitable partnership and bring peace of mind to clients.

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 (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

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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