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Best Property Management Companies in Portsmouth

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First Providence logo

First Providence

Portsmouth, VA 23704
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  • Community Management
  • Screen new tenants

First Providence is a full-service property management company serving clients in Portsmouth and the surrounding areas. It offers property management services for landlords who own single-family residences and investors with a real estate portfolio. Its managers relieve clients from the burden of landlord responsibilities by conducting property maintenance and repair, tenant selection, rent collection, and eviction protection. They also assist families dealing with military or corporate relocation. First Providence is a licensed brokerage in the state of Virginia with over three decades of industry experience.

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Keyrenter Property Management Hampton Roads logo

Keyrenter Property Management Hampton Roads

681 N. Battlefield Blvd Unit L, Chesapeake, VA 23320
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  • Tenant Screening
  • Screen new tenants

Keyrenter Property Management Hampton Roads provides its services across Portsmouth and the surrounding cities. It caters to clients needing assistance in handling their real estate investments by offering property management solutions. These solutions include leasing agreements, tenant screening, property marketing, move-out inspections, and rent collections. Its team also handles accounting services involving e-payments and year-end tax filings. Its owner, Rodney Fentress, has served as a law enforcement officer and United States Marine before establishing the company.

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KRS Holdings logo

KRS Holdings

10-B West Queens Way, Portsmouth, VA 23669
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  • Tenant Screening
  • Rent collection
  • Market Vacancies

KRS Holdings is a property management company that serves clients in Portsmouth and the surrounding areas. It helps rental property owners in enhancing the value of their investments by providing property management services, such as leasing and marketing, tenant screening, and property maintenance. Its real estate agents manage more than 4,000 residential units, such as apartments, single-family homes, and townhomes. Owner Kyle Stephenson established the company in 2007 in response to his failure to find a property manager that could address his needs as a property owner.

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Limehouse Property Management logo

Limehouse Property Management

1728 Virginia Beach Blvd Suite 111, Virginia Beach, VA 23464
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  • Maintenance
  • Marketing
  • Tenant Screening
  • Screen new tenants

Limehouse Property Management works with clients in Portsmouth. It helps landlords handle the daily operations of their investment properties. The firm finds and screens potential tenants, collects rent on time, and takes care of repair and maintenance concerns. It enforces evictions and produces monthly reports on the property's financial transactions. Broker and property manager Jason Sampson has managed rental homes across Coastal Virginia. His company is part of the National Association of Residential Property Managers.

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Lonnie Bush Property Management logo

Lonnie Bush Property Management

770 Lynnhaven Pkwy, Ste 110, Virginia Beach, VA 23452
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  • Tenant Screening
  • Property Inspection
  • Property Assessment
  • Rent collection
  • Property Maintenance
  • Market Vacancies

Lonnie Bush Property Management has been serving Portsmouth homeowners and leasing and managing their residential properties since 1999. Its property management services include marketing, tenant screening, full accounting, rent collection, inspection, and maintenance. The company also handles real estate selling and buying. Lonnie Bush Property Management is owned by Lonnie Bush, a real estate investor and broker, whose goal is to educate and assist clients in managing and maximizing their investments.

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PMI Virginia logo

PMI Virginia

4605 Pembroke Lake Circle Ste 01, Virginia Beach, VA 23455
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  • Tenant Screening
  • Property Inspection
  • Rent collection
  • Property Maintenance

PMI Virginia is a residential property management company serving the Portsmouth area. The company aims to turn vacant houses into income-producing investments by providing property management services and treating them like theirs. Its property management services include marketing, tenant screening, financial reporting, rent collection, and property inspection. PMI Virginia is co-owned by Patti Robertson, who has been a real estate broker since 1993. She is also the founder of the Hampton Roads Landlord Association and a member of the National Association of Residential Property Managers.

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ProActive Real Estate Services logo

ProActive Real Estate Services

819 W21st, Ste. 100, Norfolk, VA 23517
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  • Property Inspection
  • Property Maintenance

ProActive Real Estate Services works with home buyers, sellers, landlords, and tenants in and around Portsmouth. Whether clients are planning to reside in Norfolk, Suffolk, or Virginia Beach, its team assists them through the process of purchasing residential real estate. The agents also provide property management services for rental homeowners. They conduct inspections every six months to check how tenants are maintaining properties. Agency co-owner Gary Layne, who is a real estate investor himself, has more than 35 years of industry experience.

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Property Management by Garrett logo

Property Management by Garrett

11864 Canon Blvd, Suite 112, Newport, VA 23606
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  • Property Inspection
  • Property Maintenance

Property Management by Garrett serves residents and rental property owners in the Portsmouth area. The company offers property advertising, tenant application processing, repair, and maintenance supervision, in addition to administrative services. It also manages listings of available rental properties in the area for prospective lessees. The company provides a secure online portal for both tenants and landlords. The former can electronically pay rent and submit maintenance requests, while the latter can view their financial statements, access several shared documents, and set up online payment options.

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Re/Max Prime logo

Re/Max Prime

517 Baylor Ct, Chesapeake, VA 23320
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  • Tenant Screening

Re/Max Prime is a full-service property management company serving the Portsmouth community. The company aims to meet owners' and renters' specific needs by providing individualized attention. Its management services include marketing, maintenance, rent collection, and financial reporting. It also offers property selling, buying, and renting. Re/Max Prime is owned by Ron Sawyer, who has been in the industry for 11 years. He received a Circle of Excellence award from the Hampton Roads Realtors Association and has been ranked among the top 1% of agents nationwide.

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Reaves Property Management logo

Reaves Property Management

900 Commonwealth Pl #200-311, Virginia Beach, VA 23464
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  • Property Inspection
  • Property Maintenance

Reaves Property Management works with clients seeking to protect their assets in and around Portsmouth. Its sole proprietor, Robert Reaves, personally manages properties such as single-family residences, condominiums, and townhouses. His services include dealing with tenant matters, collecting rent payments, handling maintenance and repair requests, and screening and selecting new lessees. He also guides clients throughout the entire rental process and application. Reaves has been in the industry for more than 15 years. He is a member of the NARPM.

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RedSail Property Management logo

RedSail Property Management

11837 Rock Landing Drive Suite 103, Newport News, VA 23606
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  • Community Management

RedSail Property Management is a locally owned company that serves property owners in Portsmouth and the surrounding areas. It offers various services, including property inspections, marketing, tenant screening, rent collection, eviction, and maintenance coordination. Its team also handles the financial aspects of property management through monthly reporting and works to make the property legally compliant. In addition, it provides viewing options, such as virtual tours, in-person showings, and self-guided tours. The company is a member of the National Association of Residential Property Managers.

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Warrant Realty logo

Warrant Realty

4940 W Norfolk Road, Portsmouth, VA 23703
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  • Rent collection
  • Property Maintenance

Warrant Realty is a full-service company serving investors, home buyers, sellers, and renters in Portsmouth. With over three decades of collective property management experience, its agents assist individuals possessing one or several units for lease and strive to connect the right people with the right property. It also helps in relocating active-duty soldiers. Founded in 2013, Warrant Realty helps set the right rental price, market and advertise properties, find and manage tenants, collect and deposit rent, oversee maintenance projects, and comply with housing regulations.

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Frequently Asked Questions

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

A: 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.

Q: Is property management worth the cost?

A: 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.

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

A: 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.

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