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Best Property Management Companies in Tacoma

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Doorstead logo
FEATURED
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Doorstead

Tacoma, WA
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  • Tenant Screening
  • Property Inspection
  • Property Maintenance

Business Description

Doorstead provides property management services to clients in Tacoma and nearby areas. Its staff members help homeowners get their properties ready for occupancy, from placing ads and screening prospective renters to onboarding tenants. The firm's leasing and placement times are 57 percent quicker than the industry average. It also offers pricing advice based on data from over three million properties in the area using its patent-pending pricing system. Additionally, Doorstead is available 24/7 to coordinate maintenance and repairs using its network of approved vendors.

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
Yelp
4.0 / 5 (53)

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
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Detail
Century 21 North Homes Realty logo
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Century 21 North Homes Realty

4424 6th Ave, Tacoma, WA 98406
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  • Tenant Screening
  • Property Assessment
  • Property Maintenance

Business Description

Century 21 North Homes Realty is a locally owned business that has been offering property management solutions in Tacoma since 1963. It has access to property management products and legal services and offers assistance in a wide range of areas. These include temporary housing assistance, home searching and marketing, custom market analysis and pricing, and mortgage pre-qualification and consultation. Century 21 North Homes Realty has partnered with local vendors to provide property maintenance solutions.

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
Facebook
4.3 / 5 (55)
Google
4.0 / 5 (15)
Yelp
3.5 / 5 (5)

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
Clockwise Property Management logo
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Clockwise Property Management

4227 S Meridian Ste C454, Puyallup, WA 98373
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  • Maintenance
  • Marketing
  • Collection
  • Tenant Screening

Business Description

Clockwise Property Management is a company serving the rental management needs of customers in Tacoma and the nearby areas. It offers rental property price analysis along with a full range of property management services that include marketing, tenant screening, rent collection, and financial reporting. It also handles inspections, repairs, and maintenance requests, and evictions, if necessary. Tenants and owners are given access to an online portal where they can view and download statements and documents.

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
4.0 / 5 (28)
Facebook
5.0 / 5 (11)
Yelp
3.0 / 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
Guardian Property Management logo
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Guardian Property Management

Gig Harbor, WA 98335
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Business Description

For over nine years, Guardian Property Management has been supervising residential and commercial properties in Tacoma and nearby regions. Guided by a comprehensive and efficient approach, its managers tailor their services to meet clients' needs and help maximize their profit. They take care of all the tasks including vacancy marketing, application processing, rent collection, preventive maintenance, and accounting documentation. Guardian Property Management's portfolio of properties includes single-family and multi-family homes, condominium associations, retail stores, and offices.

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 (11)
Haven Property Management logo
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Haven Property Management

2505 S 320th St Unit 210, Federal Way, WA 98003
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Assessment

Business Description

Haven Property Management is a locally owned company serving homeowners and real estate investors in Tacoma. It provides property management services, including property marketing, tenant screening, lease negotiation, and electronic rent collection using AppFolio’s property management and accounting software. To protect confidential property information, the company uses a data center that is automatically backed up. Haven Property Management is also committed to forming long-term relationships with homeowners through a simplified process that boosts the value of their rental properties.

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
Facebook
4.3 / 5 (14)

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
Keyrenter Property Management Tacoma logo
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Keyrenter Property Management Tacoma

2367 Tacoma Ave S # C222, Tacoma, WA 98402
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  • Maintenance
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Business Description

Keyrenter Property Management Tacoma handles the day-to-day stresses of managing properties for real estate investors and homeowners in the metro. It offers services such as accounting, maintenance and inspections, and tenant placement. It is an independently owned and operated franchise by Keith and Gayle Snider, who have more than 21 years of combined experience as small business owners. Keyrenter Property Management is a member of the National Apartment Association and the National Association of Residential Property Managers.

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 (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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Maple Leaf Real Estate logo
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Maple Leaf Real Estate

8809 Roosevelt Way NE, Seattle, WA 98115
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  • Tenant Screening
  • Rent collection

Business Description

Maple Leaf Real Estate is a team of property managers that cater to clients across Tacoma. They help landlords manage their properties through services like tenant screening, lease management, property maintenance, financial reporting, and post-occupancy inspection. The team uses photos and videos for advertising clients' properties. They also guide owners through federal and local fair housing laws. Maple Leaf Real Estate has been operating for more than a decade. Its owner, Kit MacPherson, is a member of the National Association of Residential Property Managers.

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
4.7 / 5 (137)
Yelp
4.0 / 5 (98)
Facebook
4.9 / 5 (52)
Marcoe Management logo
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Marcoe Management

Tacoma, WA
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  • Tenant Screening
  • Property Inspection
  • Property Assessment
  • Property Maintenance

Business Description

Marcoe Management is a property management and real estate investment company that has been serving clients in Tacoma and the surrounding communities for over 15 years. The company primarily manages multi-family and commercial real estate properties and extends its services to single-family properties. Its team keeps properties operating smoothly, maintaining their appearance, and increasing in value. The professionals also conduct market analysis, show properties to prospective tenants, collect monthly rents, and oversee property maintenance and repairs.

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

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.
4.0
Responsiveness
Friendliness
Helpfulness
––
Detail
NRB Property Management LLC logo
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NRB Property Management LLC

15413 1st Ave CT S, Suite G6, Tacoma, WA 98444
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Business Description

NRB Property Management LLC is a full-service real estate firm based in Tacoma. It specializes in residential property management, handling properties such as single-family homes, townhomes, and duplexes. It helps landlords advertise their properties using over 30 different media channels. The firm also offers repair and maintenance services, ranging from landscaping work to pool services. Clients commended NRB Property Management and its staff for keeping them regularly updated about their managed properties and current tenants.

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
Opal Property Management logo

Opal Property Management

18916 13th Ave SE, Bothell, WA 98012
  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

Opal Property Management offers a complete property management solution in Tacoma and the Puget Sound Area. Homeowners and Investors need to look no further as they can sit back and relax while Opal advertises, conducts showings, processes applications, signs leases, moves tenants in and collects rents. Opal uses effective marketing techniques to rent properties at premium rents within shortest time possible. Once tenants are moved in Opal is the one point of contact for the tenants for maintenance requests, communication, renewals, rent or term negotiation. The company has automated systems which allow tenants a resident site access to pay rents, request maintenance or other communication. Rents are paid electronically to owners via the portal seamlessly and with no delays. Owners are able to view payments and expenses on the portal which also generates tax documents annually.

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 (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
Pacific Rim Property Management Group logo
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Pacific Rim Property Management Group

1002 N Meridian Avenue #100-241, Puyallup, WA 98371
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  • Tenant Screening
  • Property Inspection
  • Rent collection

Business Description

Pacific Rim Property Management Group is a business that serves owners, residents, neighbors, and vendors in Tacoma and nearby locations. Its property managers ensure that rental properties run well to get the most out of the rental revenue. They have experience in interacting with renters on a daily basis, and can thus address commonly arising concerns. The company’s property management services also include tenant screening, financial reporting, property marketing, and rent collection. Real estate sales and construction services are also available.

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
4.5 / 5 (53)
Yelp
2.5 / 5 (5)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Parkwood Property Management, Inc. logo
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Parkwood Property Management, Inc.

6219 Mount Tacoma Dr SW, Lakewood, WA 98499
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

Parkwood Property Management, Inc., is an owner-operated property management company that has been assisting rental property clients in Tacoma since 1988. It offers property management services, including tenant screening services, rental property marketing, eviction assistance, and one-time leasing services. It also provides owner-occupied concierge services such as furnace service, roof and gutter cleaning, lockbox rentals, and vacation watch services. The company’s founder, Valarie Bethel, is a licensed Master Property Manager and a licensed Washington State Real Estate--Designated Broker and Residential Management Professional granted NARPM.

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
RentLucky logo
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RentLucky

202 S 348th St #2, Federal Way, WA 98003
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  • Tenant Screening
  • Rent collection
  • Property Maintenance

Business Description

RentLucky is a property management agency serving Tacoma. It handles rental marketing, tenant screening, move-in and move-out inspections, rent collection, and maintenance for single-family homes and high-end properties. The company also addresses tenant concerns and enforces leasing rules when necessary. Its investment portfolio manager and broker, Shelly Baehler, holds over 25 years of real estate and property management experience. RentLucky's clientele includes individuals who are living abroad, building their residential real estate portfolios, and looking for transitional 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
4.2 / 5 (89)
Yelp
3.0 / 5 (45)
Facebook
5.0 / 5 (19)

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
Reynolds Real Estate Property Management logo
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Reynolds Real Estate Property Management

2607 Martin Way E Ste 202, Olympia, WA 98506
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

Reynolds Real Estate Property Management operates in the greater Tacoma area, providing individualized full-service property management. The company also offers single-time placement services for landlords who manage their own property but need assistance with marketing and screening tenants. It also aids clients in purchasing investment properties. Reynolds Real Estate Property Management's website provides a portal through which clients can access their financial statements and tenants can pay rent or request maintenance.

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 (17)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Safe Harbor Property Management logo
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Safe Harbor Property Management

11206 Bridgeport Way SW, Lakewood, WA 98499
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  • Screen new tenants
  • Property Maintenance
  • Rent collection

Business Description

Safe Harbor Property Management helps real estate investors in Tacoma maximize their revenue through a range of services. Since 1993, its managers have been addressing the needs of landlords by handling marketing, tenant selection, property inspection, rent collection, eviction, and contractor vetting. They take charge of care and maintenance in partnership with contractors and residents. The company also offers Pacific Northwest real estate and buyers can search through the firm's listings to find prospective homes.

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.
4.4
Google
4.5 / 5 (182)
Facebook
4.5 / 5 (57)
Yelp
1.0 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
––
Detail
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Sensible Home Management logo
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Sensible Home Management

1911 SW Campus Dr # 154, Federal Way, WA 98023
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  • Maintenance
  • Marketing
  • Leasing
  • Accounting Services
  • Tenant Screening
  • Property Inspection

Business Description

Sensible Home Management serves Tacoma, Des Moines, Puyallup, and other nearby areas. It advertises managed properties on over a dozen websites, and its staff handles physical tours for potential tenants. The company's tenant screening process involves a national background check and employment verification. It also performs move-in inspections where its staff takes 50-100 photos of the property's interior and exterior before the tenant moves in. Clients praise the company's employees for their up-to-date knowledge of the real estate and rental property market.

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.
3.8
Yelp
5.0 / 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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
SJC Management Group logo
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SJC Management Group

913 Kincaid Ave, Sumner, WA 98390
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  • Maintenance
  • Marketing
  • Collection
  • Leasing
  • Accounting Services
  • Tenant Screening

Business Description

For more than 40 years, SJC Management Group has been serving investors, owners, and landlords in the Tacoma area. Its team of property managers focuses on residential real estate, keeping units at capacity for maximum profit. These include single-family homes, apartment complexes, and condominiums. In addition to keeping property owners compliant with regulations, the firm handles the marketing and 3D tours of properties, screens tenants, collects rent, and provides maintenance solutions. Its team is available 24/7 to assist with tenant emergencies.

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.
3.9

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
Spinnaker Property Management logo
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Spinnaker Property Management

2115 S 56th St Suite #308, Tacoma, WA 98409
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  • Tenant Screening
  • Community Management
  • Property Maintenance
  • Market Vacancies

Business Description

Spinnaker Property Management has been serving clients in Tacoma since 2013. It provides an array of property management services that include online property marketing, legal document processing, tenant screening, and move-in and move-out inspection report preparation. The company offers full-service management of various types of properties, such as single-family homes, duplexes, multiplexes, and apartments. By concentrating its business on property management, the company aims to serve clients with integrity and maintain an open business relationship with the local Realtor community based on trust.

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.
3.9
Google
4.1 / 5 (96)
Yelp
2.5 / 5 (12)
Facebook
3.7 / 5 (6)

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
Starboard Real Estate logo
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Starboard Real Estate

917 Pacific Avenue, Suite 404, Tacoma, WA 98402
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  • Property Maintenance

Business Description

Starboard Real Estate is a veteran-owned company that provides property management and brokerage services to clients in Tacoma and the surrounding areas. Its property management services include marketing the property, leasing it to a thoroughly screened tenant, maintaining its overall condition, and making sure it is ready for the next occupant. For transparency, the company generates accounting and financial reports regarding the property's performance. Its agents also provide home price and market analysis, open-house showings, property staging, and photo documentation.

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 (10)

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.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
WM Riley and Co. logo
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WM Riley and Co.

1625 E 72nd St #700-148, Tacoma, WA 98404
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  • Property Inspection

Business Description

WM Riley and Co. is a real estate and property management company that has been serving Tacoma for 35 years. It provides property management services, which include marketing, rent collection, and move-in and move-out inspections. Its facility management team also supervises properties by maintaining their condition and safety and responding to tenants' emergency needs 24/7. In addition to presenting homes for rent or sale, the business offers a listing of available parking lots and garages.

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 (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
Back to Providers

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.

How do I manage a vacation rental property?

Managing a vacation home or short-term rental requires a higher level of involvement when compared to other investment properties. Owners or managers must handle marketing, reservations, check-ins, and cleanings between stays. While a recent study by vacation rental marketplace HomeAway (now part of VRBO) reports that vacation rental income comprises about a quarter of the average rental owner’s income from investing just under 10 hours per week managing their rental, this type of hands-on involvement may not be possible for owners who live out of state or in another region. Professional property managers can assist with one or more tasks, such as cleanings and check-ins, or they can provide comprehensive management services to ensure that the property is generating revenue year-round.

Do property managers pay for repairs?

Yes and no. Property managers may pay for repairs, but the cost is generally deducted from future rent payments or a reserve fund. In most cases, landlords are responsible for maintenance costs and improvements that are needed to preserve or enhance the property’s value. Management firms do coordinate repairs, and some have their own maintenance crews. They can also provide contractor referrals and handle work orders for routine repairs, such as cleaning, painting, plumbing, and changing locks between tenants. Many firms allow tenants to submit maintenance requests online, and they should also provide monthly expense reports showing owners how their money is being spent.

Can a property manager evict a tenant?

Yes, property managers can help to orchestrate the eviction process, from preparing the initial notices to appearing in court and working with law enforcement to ensure that the tenant leaves the property. Situations that warrant eviction include non-payment of rent, lease violations, and illegal activity. Property managers can help to determine the best course of action when dealing with problem tenants.

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.

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.

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.

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