Expertise.com

Best Property Management Companies in Edinburg

2023

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Website
1001 South 10th Street, McAllen, TX 78501
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

PMI RGV - McAllen is a property management company near Edinburg that assists landlords with all of their property related needs. This company manages residential, commercial, and vacation properties. It collects rental payments and fees, communicates with tenants about maintenance needs and lease policies, and advertises vacant units and properties to find new tenants and maintain rental income. Owners have access to online resources and receive monthly reports describing the profits generated by each unit and the maintenance work performed.

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 (67)
Facebook
4.1 / 5 (9)
Yelp
3.0 / 5 (2)

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
5401 North 10th Street Suite 219, McAllen, TX 78504
  • Maintenance
  • Marketing
  • Accounting Services
  • Tenant Screening
  • Property Assessment

Why choose this provider?

Sermol manages residential properties, commercial assets, land, and multi-family complexes in Edinburg. It advertises rental properties on its website with pictures, details, and unit availability to attract prospective tenants. It accepts and processes online applications to place tenants in the properties under its management. Broker Sergio F. Molina Jr. has over 13 years of experience in leasing, property management, and tenant expectancy. He is a member of the Greater McAllen Association of Realtors and the International Council of Shopping Centers.

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 (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.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1512 West Dove Avenue, McAllen, TX 78504
  • Maintenance
  • Leasing
  • Accounting Services
  • Tenant Screening

Why choose this provider?

Accel Property Management & Investments manages residential properties and provides multiple services to landlords. It collects rent from tenants each month and documents all transactions involved with each properly to create monthly and quarterly reports. Accel Property Management & Investments also addresses any maintenance needs that units have while dealing with tenants on behalf of clients. This company can determine ideal rental prices by performing market analysis, which can save clients time searching for tenants and help them maximize profits.

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
Google
4.5 / 5 (133)
Facebook
4.6 / 5 (19)
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
620 South 12th Street, McAllen, TX 78501
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Assessment
  • Community Management

Why choose this provider?

Magnolia Rentals offers property management services near Edinburg to homeowners' associations and residential landlords. It has experience managing condominiums and apartment buildings, collecting rent monthly and corresponding with tenants to address a variety of needs. Whether clients have a stand-alone home or a multifamily property, Magnolia Rentals can handle the maintenance needs and oversee any insurance claims that take place. Clients receive quarterly email reports that detail income and expenses related to each of their managed units.

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 (96)
Facebook
4.2 / 5 (5)
Yelp
3.0 / 5 (2)

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.