Whether you're new to being owning a rental property or have owned multiple for years, hiring a property management company has many advantages, such as managing tenant screening, maintenance requests, rent collection, and evictions.
Here's our list of the top 5 property management firms to help you get started:
Founded in 1993, Greystar Real Estate Partners is the largest property management company in the United Sates. With over 690,000 units managed globally, Greystar has experience managing any type of property, including:
Greystar also specializes in real estate investment and real estate management to the benefit of many of the properties it manages. Today Greystar has 19,000 experienced property managers and team members with 64 offices globally.
With over 30 years of expertise and 170,000 units they manage today, Pinnacle is experienced in providing a wide range of property management services for landlords. There is nothing too big or too small for Pinnacle to handle, the handle buildings ranging from one unit condos, to luxury single family residences, to large multifamily residential buildings.
The Bozzuto Group currently manages over 78,000 residences, but also boasts a full-service real estate portfolio that features developments, construction, commercial property management and home building. Headquartered in Greenbelt, MD, Bozzuto currently manages properties in Connecticut, Florida, Illinois, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia, Washington, D.C., and Wisconsin.
With over 100,000 properties across 23 states and D.C., WinnCompanies is one of the top property management companies when it comes to affordable housing, mixed-use properties, market rate properties, and even military housing. WinnCompanies partners with its property owners to create strategic, results-driven operating plans that will help the long-term success of their property.
Unlike the other property managers on this list, MAA is a real estate investment trust (REIT) that focuses on the acquisition, selective development, redevelopment and management of multifamily homes in the United States. In other words, MAA enables investors to access income-producing real estate that they usually would not be able to due to the amount of liquid capital required for it. MAA both manages apartment communities throughout in the Southern United States, and also offers other real estate services such as investing. As of January 1st, 2020 MAA currently manages 101,954 homes throughout the southern United States, with regional offices in Atlanta, Charlotte, Dallas, Jacksonville, Nashville.