The task of overseeing many rental properties can be burdensome, especially due to the varying regulations, laws, codes, and ordinances that govern different property kinds and regions. A property management company has the ability to effectively manage building maintenance and tenant occupancy, ensuring the preservation of a landlord’s positive reputation and financial viability. When making the decision to outsource property management, it is important to consider that not all property management organizations possess identical capabilities. To help you, we’ve compiled a list of the best property management companies in Atlanta and Philadelphia.
What Do Management Companies Do?
Property management companies perform various tasks, such as searching for tenants, organizing property viewings, and managing eviction processes. In most cases, a property manager is responsible for overseeing maintenance as well. They can also handle the majority of the paperwork on your behalf, among other tasks. Thus, a property manager can involve you to the extent that you desire.
Best Property Management Companies
The best property management companies include the following:
#1. BH Management Services
This business manages a wide range of residential buildings all over the United States. BH Management Services will set up customized business intelligence and revenue management reports for you so you can keep an eye on your property’s success and get the most out of it.
#2. Greystar
Greystar can help you rent residential single-family homes, flats, or even business property. From its start in 1993 to now, the company has been offering top-notch services and awesome customer service. The business has fair prices and serves the whole United States, as well as parts of Europe and Latin America. Greystar is one of the biggest apartment building owners and managers in the world. The business also offers investment management services at a fair price.
#3. Lincoln Property Management Company
Lincoln Property Company is the best nationwide property management company when it comes to providing great customer service to its clients. The Better Business Bureau gives the company an A+ rating, and there are a lot of good reviews on Facebook. Lincoln Property Company doesn’t post pricing information online, but we were able to quickly call the company and find out that its prices are about average for the services it provides.
The company will also help you handle all of your investments, whether they are in real estate, stocks, or even cryptocurrency. This makes it a one-stop shop for busy investors with a wide range of investments.
#4. Colliers International
This is a world-class business property management company that takes care of two billion square feet and has one of the widest ranges of services. The company is in charge of commercial properties in 65 countries and makes $4.5 billion a year from the $98 billion in assets it controls. It has more than 18,000 professionals working for it. We think it is the best property management business for commercial properties because it has a lot of experience and has made money in the past.
#5. CBRE
It has been around for a long time and is one of the biggest and oldest business property management firms in the U.S. The business has been around since the early 1900s and has mastered the art of handling office buildings, strip malls, and warehouses for making things.
As an industrial property management company that has been in business for more than one hundred years, CBRE’s prices are a little higher than those of discount competitors, but the service is worth the extra cost. The business gives you good study tools that help you invest in real estate with realistic goals. Also, the company handles the whole process if something happens and your client needs to be moved.
There are some problems to think about. Some service providers have said they have to wait more than 90 days to get paid. In addition, some customers have written that they have to explain who they are and what they want to do to each new customer service person, which suggests that the company is bad at managing relationships with customers.
Property Management Companies Philadelphia
The best property management companies in Philadelphia include the following:
#1. Bay Property Management Group Philadelphia
Single-family houses, rental units, and apartment complexes are just some of the residential and multi-family properties that Bay Property Management Group Philadelphia takes care of. The company offers a wide range of recurring tasks, including rent collecting, inspection services, maintenance, and repair.
This is one of the property management companies in Philadelphia that handles all interactions with tenants, including drafting and enforcing leases. The organization uses cutting-edge industry technology to increase openness and cut down on expenses for its clientele. It also takes care of real estate in the District of Columbia, Maryland, and Northern Virginia.
#2. All County Delaware Valley Property Management
This is one of the property management companies in Philadelphia that takes care of single-family homes, apartment buildings, condos, flats, homeowner groups, and small business strips in Delaware County. The company is owned and run by itself. There are 40 County Property Management offices in the United States. One of them is ACPM. If you want to get the most rent and keep your homes from being empty, this is the company for you. Property managers also do things like check out potential tenants, list rental properties, and make any fixes that are needed to keep or raise the property’s value. Part of managing your relationships with renters is making sure that things like evictions, rent, leases, and security fees are taken care of. It’s easy to keep track of money coming in and going out, as well as property.
#3. Property Management Redefined, LLC
Property Management Redefined LLC offers comprehensive property management services in Philadelphia, catering to clients seeking professional management for various residential properties, including single-family houses, condominiums, and flats. The organization possesses expertise in lease preparation, rent collecting, rent processing, and eviction proceedings. Additionally, it is responsible for the payment of bills and the management of utility reimbursements on behalf of its clients. Property Management Redefined LLC is able to offer informed guidance on the most effective rental pricing strategies due to its extensive understanding of local real estate markets.
#4. Rentwell Philadelphia
Rentwell allows you to relax knowing that your investment is safe and that any possible threats to your home are being handled. They will give you a free rental analysis to assist you in setting the best rent and planning upgrades that will not break the bank but will increase your income. As part of their leasing services, Rentwell will market and display the property, conduct a rental application screening to pick only responsible tenants and draft the contract in accordance with Pennsylvania Landlord-Tenant law.
Tenants have access to a concierge service that operates around the clock so that issues can be resolved before they become costly or interfere with the occupant’s quality of life. You can collect rent through the owner site, where you also have access to financial reports for the month, the year, and any time period in between.
#5. Skyline Property Management
Skyline’s goal is to streamline the process of generating passive income by providing turnkey management services that take care of all the day-to-day tasks so that you don’t have to. Before listing your property for sale, they will consult with you to ascertain your management requirements, develop a tailored management plan, set an appropriate asking price, and suggest cost-effective strategies for maximizing your revenue. Once your property is ready for rent, they will advertise it in many places to attract the most attention, show it to prospective renters, check their references, and help them sign a lease.
Furthermore, this is one of the property management companies in Philadelphia that provides regular services such as coordinating repairs, conducting inspections and enforcing leases, collecting rent on schedule, seeking legal counsel, negotiating lease renewals, handling evictions, communicating with tenants, and keeping the books.
Property Management Companies in Atlanta
The best property management companies in Atlanta include the following:
#1. Evernest
On the first day of the 2008 global financial crisis, Everest was a default creation. After the residential real estate market collapsed, our company’s founder, Matthew Whitaker, was left with 30 rental properties. In order to accomplish this, he sought out a property manager who matched his ideals and management principles. Matthew didn’t officially debut Evernest until the fall of that year.
Evernest (formerly GK Houses) has spread across the country and now maintains 6,500 residences on behalf of 3,000 homeowners. Evernest wants to be a full-service partner to property owners and rental property investors across the country, offering property management and brokerage services in over 24 real estate areas.
Furthermore, Evernest provides in-house maintenance, allows for no-cost cancellations, does not charge a lease termination fee if a resident moves out during the first year, and guarantees a placement within 21 days or gives you two months of free rent if you move out within the first year. Residents can contact the hotline at any time.
#2. Excalibur Properties
This is one of the property management companies in Atlanta that administers residential properties for their owners in the Greater Atlanta area. The company, which has been in business since 1985 and today manages over 1,600 properties, prioritizes optimizing the ROI for its clients. The organization has a competitive performance-based pricing system in place, with prices starting at 4%. The organization employs market professionals and leasing brokers to advertise their houses broadly across many platforms and quickly display the property to prospective tenants.
The team does rigorous tenant screening by reviewing credit histories, eviction records, and employment records. The company collaborates with a number of dependable contractors to provide efficient and reasonably priced maintenance services. Property managers and maintenance workers are available 24 hours a day, seven days a week, to address any urgent issues that may arise. They provide their clients with a monthly income and expense report as well as a yearly summary as part of their bookkeeping services. Electronic payment methods, such as direct transfers into a bank account, are available to both landlords and tenants.
#3. Property Management Services in Atlanta
Atlanta Region Property Management’s mission is to assist property owners in the metro region in finding and keeping good renters at competitive rates. It offers administrative and logistical benefits such as maintenance and repairs, real estate code compliance, online payments, and property monitoring and inspections. It also oversees marketing campaigns, eviction proceedings, and credit and background check applications. Atlanta Area Property Management, which was created in 2004, is a member of the National Association of Residential Property Managers.
#4. Bullock Property Management Group
This is one of the property management companies in Atlanta that has been trusted by clients in the Atlanta area for more than two decades. The team’s mission is to raise the building’s profitability for the owner while maintaining strong service standards for the tenants. This complete firm’s management services include data-driven marketing, tenant interactions, a rigorous three-step application procedure, regular inspections and upkeep, and legal representation in the event of eviction. In addition, the team has a solid structure of dependable service providers in place to ensure constant upkeep. You can dial the maintenance hotline at any time in case of an emergency. The firm administers both business and residential buildings.
#5. One Source Affiliates
One Source Affiliates is a full-service real estate and property management company that works with people in and around Atlanta. As part of its many property management services, the company helps with things like evictions, renter screening, loan processing, and more. The company manages single-family homes, apartment buildings with more than one unit, and townhomes. One Source Affiliates has been managing properties for more than ten years. Right now, it is in charge of more than 300 rental flats in the metropolitan area.
What Is the Average Property Management Fee in Florida?
Management fees typically range from 8 percent to 12 percent of the gross monthly rent. There are a number of variables that could increase or decrease the total price, but in most cases, the average fee is within this range. When a manager is responsible for 10 units or more, they often charge a smaller proportion.
Do You Need a License to Be a Property Manager in CT?
Since property management and related services fall within the purview of real estate brokers, such businesses must be properly licensed. Any business that rents out a piece of property or collects rent from tenants falls under this category.
Do You Need a License to Be a Property Manager in BC?
In some jurisdictions, such as British Columbia, property managers are required to hold real estate licenses.
References
- money.com
- investopedia.com
- expertise.com
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