Expertise.com

2024

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Best Property Management Companies in Albany, NY

Our Recommended Top 7

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 Albany 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

17Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

PO Box 516, Slingerlands, NY 12159

Expertise.com Rating

Review Sources

Google
5.0 (18)
Yelp
5.0 (1)

Why choose this provider?

Serving the Albany area, Clever Property Management offers multifamily, commercial, and retail property management and maintenance services tailored to the needs of the clients. The business handles construction supervision covering material inventory, work schedule implementation, decision-making about construction activities, and project monitoring. Clever Property Management also conducts moving inspections and addresses tenant inquiries. It also suggests minor repairs and solutions and coordinates for leaf cleanup, lawn maintenance, and snow plowing.

  • Property Inspection
  • Property Maintenance

501 New Karner Road, Albany, NY 12205

Expertise.com Rating

Review Sources

Google
4.1 (147)
Yelp
2.5 (8)

Why choose this provider?

NGB Property Management, LLC offers property solutions in Albany. Founded in 2011, this firm oversees rental properties such as HOAs, apartment complexes, multi-unit dwellings, townhouses, and single-family homes. Its property managers assist in property marketing, listing vacancies on mobile apps and websites and coordinating property showings. They screen applicants and seek owners' approval for tenant placement. Moreover, they conduct property inspections and work with maintenance technicians to address repair issues. NGB Property Management, LLC uses software for its diverse services.

  • Maintenance
  • Marketing
  • Collection

P.O. Box 123, East Greenbush, NY 12061

Expertise.com Rating

Review Sources

Google
4.8 (17)
Facebook
5.0 (10)

Why choose this provider?

PMI Capital District offers a vast range of real estate services for clients throughout Albany and the neighboring areas. It offers property management services, including property marketing, tenant screening, rent collection, property maintenance, and financial reporting. It also conducts move-in and move-out inspections, day-to-day management, and contract negotiations. Clients and tenants can access their accounts to track payments through its 24/7 online portal. The company has managed a wide range of property types, from single-family residences, townhomes, and condos to multi-unit, vacation, and commercial properties.

  • Tenant Screening
  • Property Maintenance
  • Rent collection

248 Sherman Street Unit C1, Albany, NY 12206

Expertise.com Rating

Review Sources

Google
3.9 (98)
Yelp
1.0 (4)

Why choose this provider?

Albany Management Group LLC serves property investors and owners in Albany. Included in the company's portfolio of managed properties are single-family homes and multi-family residences. Its managers supervise various facets of property management, from property marketing and advertising to move-out and cleaning. They also provide interior design services that could increase the property's value and help maximize returns to investors. They introduce classic furnishings and elegant styles to add artistic accents to projects.

  • Property Inspection
  • Rent collection
  • Property Maintenance

363 Ontario St, PO Box 8942, Albany, NY 12208

Expertise.com Rating

Why choose this provider?

BA Companies serves customers throughout the Greater Albany metro. It manages residential apartments and single and multifamily homes in locations that are recession-resistant. It provides a wide array of services, including applicant screenings, property showings, tenant relations, property inspections, and maintenance. The professionals at this company are knowledgeable about the market and carry extensive experience in financial management, leasing, and institutional asset management. BA Companies also assists customers with their real estate and development service needs.

  • Property Maintenance

58 Sterup Drive, Troy, NY 12180

Expertise.com Rating

Review Sources

Google
4.0 (4)

Why choose this provider?

All Points Property Management is a group of real estate brokers, business developers, and property managers near Albany. With over 40 years of industry experience, the firm helps residential property owners in marketing their homes through online listings with quality images. The property managers assist buyers in finding homes that suit their preferences. Their scope of services includes property valuation and asset management methods. All Points Property Management also handles auctions and commercial real estate transactions.

  • Maintenance
  • Marketing
  • Collection

67 Ontario St, Albany, NY 12206

Expertise.com Rating

Why choose this provider?

Red Bark Property Management LLC is a business that caters to clients in the Albany metro and the surrounding areas. It helps owners grow their investments by offering a wide array of services, such as financial reporting, property monitoring, and tenant screening. The company also deals with maintenance and repair issues, helping tenants keep their spaces in order. Red Bark Property Management focuses on customer service by observing responsiveness and timeliness in performing and completing its jobs.

  • Tenant Management/Customer Service

Compare our Top Property Management Companies

NameExpertise RatingAddressPromotionsLearn more
Clever Property Management
PO Box 516, Slingerlands, NY 12159
NGB Property Management, LLC
501 New Karner Road, Albany, NY 12205
PMI Capital District
P.O. Box 123, East Greenbush, NY 12061
Albany Management Group LLC
248 Sherman Street Unit C1, Albany, NY 12206
BA Companies
363 Ontario St, PO Box 8942, Albany, NY 12208
All Points Property Management
58 Sterup Drive, Troy, NY 12180
Red Bark Property Management LLC
67 Ontario St, Albany, NY 12206

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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