Expertise.com
2024

Last updated:

Best Property Management Companies in Franklin

Our Recommended Top 8

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 Franklin 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.

22

Reviewed

16

Curated

8

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
Franklin, TN
  • Collection
  • Tenant Screening
  • Property Maintenance/Repairs
  • Property Management

Why choose this provider?

RAM Property Management works with residents in and around Franklin. It aims to bring a refreshing breath of fresh air to the property management industry in the metro. The company focuses on the resident's experience and uses that as a tool to ensure quality control and timely payments for each of their properties. It also has an owner portal, where clients can access or view completed work orders, invoices, and monthly statements. The team has over 25 years of combined industry experience.

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 (18)
Facebook
5.0 / 5 (4)

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

Price: Call for estimate

Franklin, TN

Why choose this provider?

Need help contacting a Property Management Company in Franklin? Call our Concierge team at 848-Book-Pro (848-266-5776 from 6 am - 4 pm PT | Mon - Fri). They are standing by to help you get the service you need.

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

Price: Free booking service | Call 848.Book.Pro!

Website
235 3rd Avenue North, Franklin, TN 37064
  • Maintenance

Why choose this provider?

Gemstone Solutions Property Management and Realty is a full service property management company. Its leasing professionals handle all aspects of the rental process. They ensure properties are appropriately prepared for new tenancy, market, and thoroughly screen potential tenants. The company also manages ongoing maintenance and conducts routine inspections. Its personalized online tenant and owner portals allow for convenient 24/7 availability. Tenants can pay rent and make maintenance requests. Owners have accessibility to all deposit and financial information.

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.
4.9
Google
4.9 / 5 (69)
Facebook
4.7 / 5 (12)
Yelp
5.0 / 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
807 Bradford Ave, Nashville, TN 37204
  • Tenant Screening
  • Screen new tenants
  • Market Vacancies

Why choose this provider?

Property Management Connection is a team of real estate industry professionals that aims to help property owners maximize their investments. The company has supervised more than 400 homes, condos, and apartments for clients in Franklin and surrounding communities. It implements an enhanced marketing plan, leveraging professional photography and MLS sites to reduce vacancy rates. Property Management Connection was founded by Trevor Garrett in 2015. As an active member of the property management industry, Garrett serves on the Board of Directors for the NARPM.

License Verified:

License: 263124

Tennessee Real Estate Commission

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.
4.2
Google
4.2 / 5 (184)
Facebook
4.6 / 5 (13)

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
1550 West McEwen Drive, Franklin, TN 37067
  • Maintenance
  • Marketing
  • Collection
  • Accounting Services
  • Tenant Screening

Why choose this provider?

Shuford Property Management is focused on helping residential property owners improve their ROI. The property management company in Franklin provides a full range of services, including pre-rental property cleaning and repairs, targeted marketing, and thorough tenant screening. Its professionals help retain qualified tenants through positive communication and proactive response to questions and concerns. They arrange ongoing maintenance and routinely inspect properties. The team efficiently handles all financials and streamlines the payment process, allowing owners financial access through its online portals.

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 (5)
Google
5.0 / 5 (4)

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
2122 N. Thompson Lane Suite B, Murfreesboro, TN 37129
  • Tenant Screening
  • Property Inspection
  • Property Maintenance

Why choose this provider?

Operating for over 30 years, Stones River Property Management & Real Estate Services caters to clients in and around the Franklin area. Its services include analyzing current market conditions to help clients set rent prices for their properties. It also handles online and physical advertising for managed properties and touring potential tenants through them. In addition, collected rent can be deposited directly to clients' bank accounts, while monthly financial statements can be viewed on the owner portal.

License Verified:

License: 256994

Tennessee Real Estate Commission

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 (192)
Facebook
3.0 / 5 (8)

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
256 Seaboard Lane, Franklin, TN 37067
  • Collection
  • Leasing
  • Tenant Screening

Why choose this provider?

RE/MAX Fine Homes is a property management company that provides its services to residential and commercial property owners in the Franklin metro. It tailors marketing plans for each property and helps in maximizing its profits. Its team of property management specialists handles tenant screening, rent collection, move-in inspections, financial reporting, and evictions. Terri Rutherford leads the company with more than 20 years of experience as a real estate broker. The company supports the community by donating a portion of all its proceeds to charities.

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
Google
4.5 / 5 (16)
Facebook
5.0 / 5 (8)

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
2807 Foster Ave, Nashville, TN 37210
  • Property Maintenance

Why choose this provider?

FYVE is a property management firm that has managed over 11,000 different residential properties through multiple branches in the country, including an office in Nashville. Its principal broker, Joe Rutter, caters to all types of property owners and tenants in Franklin. He advertises all available vacancies to prospective clients and screens their background for any criminal records. Afterward, he and his team manage the financial accounts to ensure all rentals are paid and sent. Joe has a background in both business administration and real estate.

License Verified:

License: 264811

Tennessee Real Estate Commission

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
4.6 / 5 (20)

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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