Expertise.com

2024

Last updated:

Best Property Management Companies in Racine

Our Recommended Top 5

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 Racine 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.

20Reviewed

14Curated

5Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
200 W Main St, Waukesha, WI 53186
  • Property Inspection
  • Property Assessment
  • Property Maintenance

Why choose this provider?

Smart Asset Realty provides property management solutions to owners in Racine and nearby areas. It handles residential and commercial properties, offering services such as rent collection, expenses processing, 24-hour emergency maintenance response, building maintenance and repairs, and move-in and move-out services. The company also assists with rental listings and real estate investment listings. In addition, it has financial planning and consulting solutions. Smart Asset Realty was founded in 2015 by real estate broker Adam McCarthy.

License Verified:

License: 938176

Wisconsin Real Estate Examining Board

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
3.9 / 5 (450)

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
324 Island Avenue, Racine, WI 53405
  • Property Assessment

Why choose this provider?

R.L. Ventura & Associates, LLC., is a company based in Racine that provides property management services to individuals within the nearby areas. Its services are personalized depending on the needs of the clients, which include tenant screening and property marketing and advertising with the use of advanced technology to lease out the units faster. The company also deals with the repair and maintenance of the properties. Additionally, R.L. Ventura & Associates, LLC., offers real estate and construction services.

License Verified:

License: 938563

Wisconsin Real Estate Examining Board

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
4.3 / 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

Website
2312 N. Grandview Blvd., Suite 210, Waukesha, WI 53188
  • Tenant Screening
  • Property Maintenance

Why choose this provider?

Real Property Management Greater Milwaukee Suburbs is a Waukesha-based company that caters to clients in the Racine metro and the surrounding areas. It helps homeowners maximize their return on investments by assisting them with managing different types of properties, such as apartment complexes, REOs, and single-family and multifamily residences. Its services include marketing and advertising, tenant screening and selection, leasing, rental payment collection, maintenance, and accounting. The business brings over 30 years of experience in the industry.

License Verified:

License: 36807

Wisconsin Real Estate Examining Board

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
4.4 / 5 (321)
Facebook
3.6 / 5 (20)
Yelp
1.5 / 5 (13)

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
1557 S. Green Bay Rd, Racine, WI 53406
  • Leasing
  • Tenant Screening
  • Property Assessment
  • Property Maintenance

Why choose this provider?

Shorewest Realtors Racine is a real estate company that caters to residents in and around the local metro. It provides assistance to clients who want to properly manage the day-to-day operations of their condominium units, condominium complexes, and single-family homes. Its team conducts weekly visits, coordinates maintenance repairs, and creates moving checklists. The professionals also handle rent collection, accounting, and status report development tasks. Shorewest Realtors Racine is currently managed by the firm's real estate agent and sales director, Lyle Albro.

License Verified:

License: 54226

Wisconsin Real Estate Examining Board

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
Facebook
4.4 / 5 (19)
Google
4.1 / 5 (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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail

Website
3042 Douglas Avenue, Racine, WI 53402
  • Maintenance
  • Tenant Screening

Why choose this provider?

Image Real Estate Inc. is a property management company in Racine that serves property owners, real estate professionals, and renters. The business assists apartment building and home owners with financials and tasks such as unit showings, collection of rental payments, leasing matters, repairs, and property inspections. Image Real Estate Inc.'s agents help homeowners interested in selling with online listings and advertising, and they work to obtain fair market price on all real estate sales.

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
4.2 / 5 (27)
Facebook
4.5 / 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.
3.8
Responsiveness
Friendliness
Helpfulness
Detail
––

FAQs

  • 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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