Expertise.com
2024

Last updated:

Best Property Management Companies in Milwaukee

Our Recommended Top 10

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Milwaukee Property Management Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

128

Reviewed

80

Curated

10

Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

1345 N. Jefferson St. #154, Milwaukee, WI 53202
WebsiteLicense: 77652

Expertise.com Rating

Review Sources

Google
4.8 (122)
Yelp
4.9 (10)

Why choose this provider?

Residential Renters helps landlords maximize their investment properties in Milwaukee. This property management firm exclusively oversees single-family homes, condominiums, duplexes, and apartment buildings. Its primary strategy in keeping vacancies to a minimum is establishing a consistent online presence in the market and employing leasing agents knowledgeable about the community. The company also recognizes the importance of placing qualified tenants, so prospective residents undergo a thorough background check and employment and income verification.

  • Property Inspection
  • Property Assessment
  • Landlord Services
  • Screen new tenants
  • Renters Services

2658 S Kinnickinnic Ave, Milwaukee, WI 53207
WebsiteLicense: 74547-94

Expertise.com Rating

Review Sources

Google
4.5 (1066)

Why choose this provider?

Performance Asset Management has been serving investors and renters throughout Milwaukee since its founding in 2013. The full-service property management firm addresses issues that arise throughout the cycle of rental transactions, including legal compliance matters, lease violations, and move-in and move-out walkthroughs. Its team also handles resident placement, from property advertising and tenant screening to lease agreement preparation. PAM is connected to local contractors and vendors, allowing it to respond to maintenance requests and emergencies 24/7.

  • Tenant Screening
  • Property Inspection
  • Rent collection
  • Listing & Marketing Services
  • Property Showing
  • Residential Property Management
  • Tenant Relationship Management
  • Property Maintenance Services
  • Lease Enforcement
  • Tenant Improvement Coordination

6330 W Lincoln Ave, West Allis, WI 53219

Expertise.com Rating

Review Sources

Yelp
3.0 (2)
Facebook
5.0 (1)

Why choose this provider?

World Property Management serves the property management needs of clients in the greater Milwaukee area and surrounding communities. The company provides a personalized, friendly, and systematic approach to property management and offers a full suite of services for rental property owners. Some available services include marketing empty and vacant properties, screening for suitable and qualified tenants, handling leasing documents, accounting of rents and rent collection, and maintaining properties or repairing units.

  • Maintenance
  • Marketing
  • Leasing

2665 S Moorland Rd., Ste209, New Berlin, WI 53151

Expertise.com Rating

Review Sources

Google
4.1 (79)
Facebook
5.0 (11)

Why choose this provider?

PMI of Greater Milwaukee, a property management company, has handled tens of thousands of properties. It offers a wide range of services at affordable prices, such as pre-rental analysis, property marketing, tenant screening, contract negotiations, move-in/-out inspections, maintenance, and more. With over 10 years of experience, this company prides itself on the customized services that it delivers to meet the needs of the property owners and communities that it manages. PMI of Greater Milwaukee is a national property management company that has local property managers that serve all types of communities.

  • Maintenance
  • Marketing
  • Collection

Milwaukee, WI 53216

Expertise.com Rating

Review Sources

Google
5.0 (12)

Why choose this provider?

Pennybag is a property management firm in Milwaukee that handles residential and commercial units in the metro and the neighboring areas. The company works closely with tenants to get their credit in shape, so they can have “a good, clean, safe, affordable home to raise their family”. Some of Pennybag's property management services are minor plumbing and electrical repairs, remodeling and renovation, snow removal, and gutter cleaning.

  • Community Management

7311 W Greenfield Ave, Milwaukee, WI 53214
WebsiteLicense: 937493-91

Expertise.com Rating

Review Sources

Google
4.3 (279)

Why choose this provider?

Welcome Home Milwaukee is a property management company that has been serving rental property owners and tenants since 2014. It provides a wide range of property management services, including tenant screening, property maintenance, and eviction assistance. The company is the result of the merger between MKE PM and REIS Property Management, which is aimed at serving buy and hold real estate investors. Welcome Home Milwaukee was established on the principles of transparency and accountability, which serve as its guide in providing estate investment solutions.

  • Marketing
  • Closing

2120 W. Clybourn Street, Milwaukee, WI 53233

Expertise.com Rating

Review Sources

Facebook
5.0 (7)

Why choose this provider?

Optimum Property Management is a Milwaukee-based company that specializes in managing apartment buildings. The firm has a team of building managers on-site and an in-house maintenance crew that attends to emergencies 24/7. Eugene Bass, president of the company, established the business in the 1970s. He is a Certified Property Manager and a certified instructor that has taught property management classes at the Milwaukee Area Technical College. He runs the firm with Donald Bass who is also a Certified Property Manager.

  • Maintenance

101 W Pleasant Street, #204, Milwaukee, WI 53212
WebsiteLicense: 937790-91

Expertise.com Rating

Review Sources

Yelp
4.5 (3)

Why choose this provider?

My-Dwelling, Inc., is a property management company serving residential and commercial clients in Milwaukee. It specializes in managing single-family homes, individual condominiums, and condominium associations, which allows clients to enjoy the benefits of being property owners. In Southeastern Wisconsin, My-Dwelling has become the favored choice for luxury rental houses. It has also integrated home and condo management, and it excels in executive relocation and short-term leases. The company is also committed to evolving within the real estate marketplace to meet the changing needs of clients.

  • Leasing
  • Closing

225 E. St. Paul Avenue, Suite 302, Milwaukee, WI 53202
WebsiteLicense: 938444

Expertise.com Rating

Review Sources

Google
4.3 (33)
Yelp
3.3 (3)

Why choose this provider?

Structure Properties is a real estate company that serves clients in the Milwaukee area. It provides a range of property management solutions to help owners earn bigger profits with less hassle. These include property marketing, landscape maintenance, financial tracking and reporting, and tenant screening. It also offers real estate buying and selling, co-working, and investment consulting services. The company specializes in managing single-family homes, commercial investment properties, and apartment complexes. Its team is committed to making sure every client receives a personalized solution.

  • Property Inspection
  • Property Assessment

5707 W North Ave, Milwaukee, WI 53208

Expertise.com Rating

Review Sources

BuildZoom
4.0 (3)
Facebook
5.0 (2)

Why choose this provider?

XL Property & Contracting is a seasoned group of property managers in Milwaukee. The company strives to provide clients and tenants with prompt and courteous service and implements a rental management style that saves property owners time and money. Two service packages are available, based on owners' needs. Services available include handling tenant and maintenance issues, collecting rent, and handling monthly/yearly financials. Other services include screening to find suitable tenants, including running background checks and credit checks to determine suitability.

  • Maintenance
  • Collection
  • Tenant Screening

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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