Expertise.com

Best Property Management Companies in Allen

2024

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Property Management Companies FAQs 〉

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Website
6800 Weiskopf Ave Suite 150, McKinney, TX 75070
  • Maintenance

Why choose this provider?

Real Property Management One Source takes care of properties for individuals, investors, and institutions in Mckinney, Allen, Fort Worth, and the surrounding areas in Texas. Owners Glynn and Theresa have a background in customer service, which helps them understand the market and give advice to both landlords and tenants. The company was awarded the Texas Realtors Acts of Kindness Award for working with the Collin County Chamber of Commerce Senior Services Alliance in donating to McKinney Meals on Wheels.

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 (9)
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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
6800 Weiskopf Avenue, McKinney, TX 75070
  • Marketing

Why choose this provider?

SGI Property Management is a company that serves the community of Allen. Its staff put its expertise to work by helping established property owners and investors fully profit from the current market. It also helps tenants who are experiencing a short sale or foreclosure realize their dreams of homeownership. The company manages over 500 rental properties, having all the property managers and systems that support the clients' needs. Some of the tasks involved in property management that the company takes care of include enforcement of contracts, follow-throughs required for eviction process, and onboarding to professional management.

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 (27)

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
1717 Angel Pkwy 150, Allen, TX 75002
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Tenant Screening

Why choose this provider?

The asset management company Evergreen Equity in Allen oversees commercial and residential real estate. Its services include rental rate assessment, marketing, lease negotiation, property inspection, maintenance schedules, and monthly statements. It handles tenant-related activities including screening, rent collection, and eviction. The company's goal is to maximize the value of the asset, attain high occupancy rates, and control expenses. It also provides services in brokerage and leasing, construction, and real estate development.

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 (13)

Website
1934 Palisade, Allen, TX 75013
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

Lisa Linford provides property management services to clients near Allen. Her services include property marketing, maintenance, property inspections, rent collection, financial reporting, and handling evictions. With over 20 years of experience, the owner of Texas Key Real Estate Group believes that keeping a positive cash flow and reducing expenses is the key to good property management. She also recognizes that rental property can be one of the most important investments and assets. She gladly shares this wisdom with her clients. Lisa is a member of the National Association of Residential Property Managers.

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
3415 Custer Road, Plano, TX 75023
  • Maintenance
  • Marketing
  • Property Inspection

Why choose this provider?

North Texas Property Management specializes in residential property management solutions. Serving Allen-based homeowners, the firm manages condominiums, townhomes, single-family homes, and duplexes. The company handles the scheduling of city inspections before a tenant move-in. Its property manager also takes care of various documents such as Texas Association of Realtors leases, lead-based paint disclosures, and pool waivers. Other services include property marketing, tenant screening, and rent collection. Jenny Marascio, property manager of the firm, has over 10 years of management 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.
4.1
Google
4.1 / 5 (40)
Yelp
3.5 / 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
––

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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