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.

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.

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.

7 Best McAllen Property Management Companies

Accel Property Management and Investments, LLC

1512 Dove Avenue Ste A, McAllen, TX 78504

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Leasing

Accel Property Management and Investments LLC is a team of property managers in McAllen. With a focus on residential properties, its managers work directly with owners to ensure their property has the best possible chance at bringing in sufficient rental income. Services include marketing, tenant screening, lease creation and management, property inspections, and maintenance. Additionally, Accel Property Management handles all accounting on behalf of owners, taking care of rent collection and providing profit and loss statements annually.

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Keyrenter Property Management McAllen

813 North Main Street, McAllen, TX 78501

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Maintenance
Tenant Screening
Property Inspection

Keyrenter Property Management McAllen offers property management services to rental homeowners, realtors, real estate investors, and multi-family apartment managers. The property managers in McAllen have experience in single-family homes, duplexes, fourplexes, condos, and larger multi-family homes. Featuring both a tenant portal and an owner portal, the centralized system offers access to 24/7 maintenance and repair requests, bills, and online rent payment options. To achieve compliance, the company performs regular inspections.

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Magnolia Rentals

620 South 12th Street, McAllen, TX 78501

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Marketing
Leasing

Magnolia Rentals is a full-service property management company that serves clients in McAllen. Its team takes on management projects of all sizes, including single-family homes, apartment complexes, townhomes, and commercial properties. Its property managers take on all tasks relating to rental management. That includes background checks on prospective tenants, vacancy marketing, leasing, maintenance, billing, accounting, and emergency services. Magnolia Rentals provides tenants with an online portal that features electronic rent payment capabilities and a 24-hour emergency service request form.

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PMI RGV

1001 South 10th Street, McAllen, TX 78501

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Maintenance
Tenant Screening
Property Inspection

PMI RGV is a property management company in McAllen. Its team is dedicated to providing top-notch service for residential property owners throughout the city, taking on a host of tasks that allow owners to collect rental income without putting in work. Services provided include vacancy advertising, tenant background checks, inspections, maintenance, and 24-hour emergency service. All financials, including bill payments, rent collection, and bookkeeping, are also handled by this team.

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Portfolio Realty and Property Management

3329 North McColl Road, McAllen, TX 78501

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Maintenance
Marketing

Portfolio Realty and Property Management is a McAllen business that has been serving people in the Rio Grande Valley since 2006. The company helps clients limit expenses and reduce operating costs by handling duties associated with property ownership. Portfolio Realty assists owners with rent collection, maintenance, repair requests, and leasing services. The office also accommodates investors by locating properties that are being sold at discounted rates due to foreclosure and physical conditions.

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Realty Executives Rio Grande Valley-McAllen

1821 North 23rd Street, McAllen, TX 78501

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Leasing

Realty Executives Rio Grande Valley-McAllen is a real estate and property management business serving clients in McAllen, Brownsville, South Parde Island, and other areas around the Rio Grande Valley. The firm's realtor, Ronnie Esparza, specializes in managing residential and investment properties. His expertise ranges from determining a property's price to listing, leasing, and managing maintenance and repairs. Esparza also serves as a real estate broker whose focus is to make the property buying and selling process easy and successful.

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Red Door Real Estate Services, LLC

1111 N. 10th Ste. A, McAllen, TX 78501

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Maintenance
Marketing
Accounting Services
Property Inspection

Red Door Real Estate Services, LLC is based in McAllen and serves the whole Rio Grande Valley. Its property managers help rental property owners market their homes on online listings. They also vet tenant applications, lead property tours, conduct move-in and move-out inspections, collect rent, serve legal notices, and hire and supervise maintenance and housekeeping contractors. Other services include lease agreement and year-end tax statement preparation. Led by real estate broker Norma Elizondo, the company has been in business for 12 years.

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Best Property Management Companies in McAllen

We did the research for you!

Property Management Companies FAQs

Accel Property Management and Investments, LLC

Keyrenter Property Management McAllen

Magnolia Rentals

PMI RGV

Portfolio Realty and Property Management

Realty Executives Rio Grande Valley-McAllen

Red Door Real Estate Services, LLC

Frequently Asked Questions

Q: How do I deal with a bad property management company?

Q: Is property management worth the cost?

Q: Can a property manager sign a lease for an owner?

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