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Best Property Management Companies in Syracuse

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D.N.Drucker Ltd. logo
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D.N.Drucker Ltd.

3175 E Genesee St, Syracuse, NY 13224
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  • Maintenance
  • Marketing
  • Leasing
  • Tenant Screening

Business Description

D.N.Drucker Ltd. is a Syracuse-based property management company that serves residential and commercial property owners. It specializes in managing smaller residential properties such as apartments. It also helps students from Syracuse University to find off-campus housing. Its property management services range from showing potential tenants the managed property to handling routine and emergency maintenance jobs. The company also assists clients in real estate transactions involving commercial and investment property. D.N.Drucker has been serving its clients for over 35 years.

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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DynaMax logo
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DynaMax

1308 N Salina Street, Syracuse, NY 13208
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  • Tenant Screening
  • Tenant Management/Customer Service
  • Property Maintenance

Business Description

DynaMax is a company serving customers in Syracuse and the surrounding areas. Established in 2006, it is a real estate brokerage and property management firm that provides a range of services to its clients, which include screening tenants, collecting rent, and handling leases and sales. The company has an in-house maintenance staff that tenants can call on 24/7 for any emergency repairs. DynaMax also assists property owners in obtaining lower-cost insurance policies. It maintains an online portal where important documents can be viewed.

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
Facebook
4.1 / 5 (9)
Google
5.0 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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Property Management Alliance logo
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Property Management Alliance

323 East Water Street, Syracuse, NY 13202
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  • Tenant Screening
  • Property Assessment
  • Property Maintenance

Business Description

Based in Syracuse, Property Management Alliance offers services to property owners in the metro. It provides property management services such as administrative support, marketing strategies, financial accounting, and tenant placement and eviction. Its administrative support services include monthly distribution of association reports, 24/7 communication and vendor service solutions, and association database creation and management. Property Management Alliance has been serving owners, real estate professionals, and investors since 2001. Its team is composed of professionals from the property accounting, real estate, and IT industries.

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
4.3 / 5 (103)

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.
4.0
Responsiveness
Friendliness
Helpfulness
––
Detail
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Renpro logo
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Renpro

7379 Palomino Path, Liverpool, NY 13088
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Business Description

Renpro is a property management company that serves clients in Syracuse and the nearby areas. It offers property management services such as tenant screening and placement, rent collection, marketing, maintenance, and property market analysis. Property inspections are conducted at the start of the rental, midway through a lease, and when a tenant decides to move out. Renpro's contractors are on-call 24/7 to make sure that clients' needs are always met. Founder Ron Starusnak III has been in the industry since 2007.

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
Romano Property Management logo
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Romano Property Management

202 N Townsend Street Floor 1, Syracuse, NY 13203
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  • Tenant Screening
  • Property Maintenance

Business Description

Romano Property Management is a full-service firm serving property owners and tenants throughout Syracuse and the surrounding areas. It offers a wide range of management services including tenant screening, rent statement, and financial analysis and reporting. Miscellaneous and maintenance services are also available, which involve coordination of inspections, mediation of tenant issues, and general repairs. The company presents different types of rental properties such as single-family homes, multifamily buildings, and retail spaces.

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 (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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Tempo Enterprises LLC logo
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Tempo Enterprises LLC

305 N Crouse Ave, Syracuse, NY 13203
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Business Description

Tempo Enterprises LLC is a full-scale real estate company that provides property management services in Syracuse. The staff handles market analysis, rent budgeting, negotiating leases, evaluating tenants, and filling vacancies to maximize income while maintaining property value. The team screens tenants, handles delinquencies, and collects security deposits and rent. The property managers respond to tenants' maintenance requests 24/7 to address emergency repair needs. They manage financial operations, such as payroll, tax payments, and maintenance bills. Additional services include conducting regular property inspections, handling mortgage payments, and dealing with rental registry and code enforcement violations. The company also delivers monthly reports and semiannual reviews. Additionally, Tempo Enterprises deals with annual property registration and budgeting.

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
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The Key to Rentals, LLC logo
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The Key to Rentals, LLC

10 East Main Street, Victor, NY 14564
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  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

The Key to Rentals, LLC aims to attract and retain tenants through client-centered and efficient property management. Owner Paul Rowan is a property manager near Syracuse with over 20 years of experience in real estate. He and his team provide solutions to a wide scope of tenant needs, no matter how minor the concern is. They coordinate and respond to queries and requests regarding lease applications, repairs, pets, and rents. The company also assists in marketing and tenant screening.

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 (29)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Back to Providers

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.

How do I manage a vacation rental property?

Managing a vacation home or short-term rental requires a higher level of involvement when compared to other investment properties. Owners or managers must handle marketing, reservations, check-ins, and cleanings between stays. While a recent study by vacation rental marketplace HomeAway (now part of VRBO) reports that vacation rental income comprises about a quarter of the average rental owner’s income from investing just under 10 hours per week managing their rental, this type of hands-on involvement may not be possible for owners who live out of state or in another region. Professional property managers can assist with one or more tasks, such as cleanings and check-ins, or they can provide comprehensive management services to ensure that the property is generating revenue year-round.

Do property managers pay for repairs?

Yes and no. Property managers may pay for repairs, but the cost is generally deducted from future rent payments or a reserve fund. In most cases, landlords are responsible for maintenance costs and improvements that are needed to preserve or enhance the property’s value. Management firms do coordinate repairs, and some have their own maintenance crews. They can also provide contractor referrals and handle work orders for routine repairs, such as cleaning, painting, plumbing, and changing locks between tenants. Many firms allow tenants to submit maintenance requests online, and they should also provide monthly expense reports showing owners how their money is being spent.

Can a property manager evict a tenant?

Yes, property managers can help to orchestrate the eviction process, from preparing the initial notices to appearing in court and working with law enforcement to ensure that the tenant leaves the property. Situations that warrant eviction include non-payment of rent, lease violations, and illegal activity. Property managers can help to determine the best course of action when dealing with problem tenants.

Can a property manager sign a lease for an owner?

In most states, a property manager can sign a lease. Property owners can appoint a third party to act as a landlord by signing a contract with a management company or by giving power of attorney to a private individual. However, for the contract to be valid, the property manager must have the owner’s authorization.

Is property management worth the cost?

Property managers aren’t cheap, but they’re a worthwhile investment in many cases. Managing a rental property requires time, experience, diligence, and attention to detail. Professional property managers can assist new landlords and long-term investors who have a growing portfolio of rentals. They’re also valuable partners for individuals who work full time, live out of state, or want to enjoy the financial rewards of an investment property without added stress and anxiety.

How do I deal with a bad property management company?

Unresponsive property managers cause problems for property owners and tenants. Reputable management firms should work hard for their fees. No landlord wants to hear from their tenants that the management company isn’t doing its job or is ignoring their concerns. If the manager is skipping routine inspections, accepting bad tenants, or failing to provide monthly expense reports, it’s probably time to hire someone else. Owners should interview several candidates, compare rates, and check references to find a more qualified manager.

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