Best 38 Property Management Companies in Baltimore, MD | 2023 Review (2024)

Last Updated: May 26, 2023

Over the last 3 weeks, we meticulously reviewed all of Baltimore’s best property management companies based on fees, range of services and client satisfaction so that you can find the best property manager for your Baltimore investment property.

Blue Phoenix Property Management

Blue Phoenix Property Management works exclusively with residential properties throughout the Greater Baltimore area, including Odenton.

  • Address: 2015 Roff Point Ct, Odenton, MD 21113
  • Phone: 410-200-9296
  • Service Types: Residential only
  • Years in Business: 2+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): 7% of monthly rent
  • Tenant Placement Fee(s): 50% of one month’s rent with management or 100% of one month’s rent for tenant placement only
  • Lease Renewal Fee(s): $150
  • Miscellaneous Fee(s): $99-$150 inspection fee, $99-$150 setup fee

Blue Phoenix offers comprehensive management services for residential property owners, emphasizing personalized service with a single point-of-contact agent that gets to know you and your property so that they can address all your specific needs. You’ll begin with a free rental analysis to get an idea of what price your property could fetch so that you can budget accordingly before moving forward with their full-service solutions. Their services include extensive property marketing, in-depth tenant screening on more than 12 points of data, and custom-tailored leasing as part of tenant placement plans, aiming to quickly find a tenant who is less likely to cause issues or damages to your property so that you can enjoy fewer headaches during the lease term. They also offer optional eviction, pet damage, and malice damage protection to help offset potential costs associated with leasing your property so that you can minimize major expenses. Blue Phoenix’s daily management takes care of all aspects of the lease, including full maintenance handling, communication, and rent collection through the 24/7 tenant portal and monthly financial summaries offered through the owner portal.

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Rentwell Baltimore

Rentwell Baltimore provides full-service residential property management to the Greater Baltimore area.

  • Address: 4115 Wilkens Ave #200, Baltimore, MD 21229
  • Phone: 443-478-3083
  • Service Types: Residential only
  • Years in Business: 5+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: B+
  • Management Fee(s): 6 – 10% or $175 – $195 depending on plan and rental rate
  • Tenant Placement Fee(s): 50 – 100% of one month’s rent depending on plan and rent value
  • Lease Renewal Fee(s): $150
  • Miscellaneous Fee(s): $55 inspections with standard plan, $250 – $500 set-up fee depending on plan

Rentwell Baltimore protects your investment, limits your risk, and makes it stress-free to earn rental income from your investment property without lifting a finger. Their wide range of property management services allows them to effectively address any and all needs you have, including pre-lease preparation services, leasing, and daily management. They’ll work with you to identify the ideal listing price and find ways to increase your earning potential through cost-effective renovations before preparing the property to be leased. Once prepared, Rentwell’s leasing takes care of listing creation, marketing throughout Zillow, Trulia, and other listing sites, screening of all applicants, and custom-tailored lease drafting that ensures legal compliance with Maryland Landlord-Tenant laws at all stages, including security deposit escrow. All tenants placed by their leasing services are guaranteed for 9 months, or they’ll be replaced for free. Daily management with Rentwell comes with a risk-free guarantee so you can cancel at any time, and includes all aspects of managing the tenancy from start to finish. Collecting the rent each month, paying property bills, answering maintenance calls, conducting regular inspections & preventative maintenance, lease renewals & evictions, and accounting are just some of the services they provide which allow you to be hands-off while they generate effective income for you.

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PropertyWize

PropertyWize offers comprehensive management services for residential properties, commercial properties, and HOAs throughout the Greater Baltimore area.

  • Address: 10 Gerard Ave, #203, Lutherville-Timonium, MD 21093
  • Phone: 410-372-6512
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 6+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 8 – 10% depending on location and number of properties
  • Tenant Placement Fee(s): 1 month’s rent
  • Lease Renewal Fee(s): $60 – $100, depending on lease length
  • Miscellaneous Fee(s):$125 inspection fee

PropertyWize works to provide full-service management for all types of properties and communities, focusing on adding value to your investment or community through effective individual property care, expert administrative assistance, and a number of guarantees that help lower risk. Their service spans all stages of the rental process, helping you to find a tenant within 60 days with no startup costs until they’re in place and generating you income, with 2 months of rent protection during their lease term to maintain your cash flow if they are unable to pay for any reason. PropertyWize’s plans include a guarantee on all maintenance conducted, allowing you to be confident in the upkeep of your property and a 100% satisfaction guarantee so that you can cancel at any time if you’re not happy. Services include rent collection, maintenance, bill payment, renewals, evictions, and accounting for both individual properties and associations, with additional board management, common area maintenance, recordkeeping, bookkeeping, and community building services provided to HOAs throughout Baltimore.

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Renters Warehouse BW Metro

Renters Warehouse BW Metro offers full-service management to residential property owners throughout Maryland, including Baltimore and the surrounding areas.

  • Address: 9841 Broken Land Pkwy Ste 210, Columbia, MD 21046
  • Phone: 410-878-7722
  • Service Types: Residential only
  • Years in Business: 10+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A
  • Management Fee(s): $99 – $149, depending on plan
  • Tenant Placement Fee(s): 1-2 months’ rent, depending on length of lease
  • Lease Renewal Fee(s): $150 – $350, depending on plan or $299 with tenant-placement only
  • Miscellaneous Fee(s): $85 inspections, $199 set-up fee, $350 eviction admin

Renters Warehouse BW Metro takes pride in exceptional maintenance and care of your property, helping to maintain and grow your investment over time thanks to diligent daily management and effective tenant placement that puts the right tenants into your vacancy. They offer both tenant placement-only and daily management-only plans as well as full-service solutions that include everything you need to take your property to market regardless of what state it is in currently. This can include rental analysis to price your listing, rent-ready renovations that help increase earning potential and make your property appeal to potential tenants, and the formulation of a high-quality listing that will get your property leased as soon as possible. As part of their tenant placement services, Renters Warehouse markets the listing throughout online and local mediums, including sites like Zillow, to help reach as many potential applicants as possible. Showings are conducted by their agents to ensure that your property’s strengths are highlighted, helping to minimize vacancy and close better deals more quickly. They’ll also handle custom leasing that provides you financial and legal protection before delivering possession of the unit. During the lease term, all communication, rent collection, bill payments, maintenance, inspections, renewals, and evictions will be processed for you so that you can sit back and relax while you generate income.

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Baltimore Village Property Management

Baltimore Village Property Management is a residential property management company serving landlords, homeowners, and investors throughout Baltimore.

  • Address: 600 N Monroe St. Apt 1, Baltimore, MD 21217
  • Phone: 443-579-5452
  • Service Types: Residential only
  • Years in Business: 4+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 7 – 9% of monthly rent
  • Tenant Placement Fee(s): 50% of one month’s rent
  • Miscellaneous Fee(s): $350 inspection

Baltimore Village prides themselves on using the latest rental software to minimize your vacancy, maximize your profits, and streamline the management process. Their services begin with a free rental analysis to identify the right price point for your property based on their knowledge of current market conditions and comparable local properties before preparing the property to be shown and leased. Tenant placement and management services are available individually or combined for full-service property management, giving you total control over which responsibilities are addressed on your behalf as well as your level of involvement. As part of their tenant placement services, Baltimore Village advertises your vacancy, conducts showings for potential tenants, screens applicants rigorously, and facilitates the lease signing. During the lease term, they answer maintenance requests promptly, collect the rent in a timely manner, communicate with tenants and resolve disputes, pay property expenses, conduct regular inspections, process lease renewals, initiate evictions, and provide monthly financial reports through the 24/7 online owner portal so you can track your investment’s profit/loss at any time.

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Real Property Management Reliable Solutions

Real Property Management Reliable Solutions is a full-service residential and commercial property & association management company servicing the Greater Baltimore area.

  • Address: 200 E Lexington St #300, Baltimore, MD 21202
  • Phone: 443-990-0011
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 7+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 8% of monthly rent
  • Tenant Placement Fee(s): 75% of one month’s rent
  • Miscellaneous Fee(s): $125 inspections

RPM Reliable Solutions tries to live up to their name, providing comprehensive property and association management solutions that you can rely on to help generate rental income for any type of property your portfolio holds. They’re backed by over 25 years of experience through their national brand Real Property Management, which provides them with cutting-edge tools and insight that allows for informed pricing, fast communication, effective preventative and responsive maintenance, and market trends to help get your property leased as soon as possible. Both tenant placement and daily management solutions are available, including all the necessary duties required to protect your investment and provide a positive rental experience for your tenant so that you can enjoy stress-free rental income. These include marketing, screening, leasing, tenant communication, rent collection, maintenance coordination, renewals, evictions, and accounting. Plus, associations can get assistance with the daily management services for their own individual properties along with budgeting, recordkeeping, bookkeeping, common area maintenance, and other services that help your community thrive and run more effortlessly.

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HomeWorks Property Management LLC

HomeWorks Property Management offers residential-only property management services to property owners throughout Baltimore.

  • Address: 100 International Dr, 23rd Floor, Baltimore, MD 21202
  • Phone: 410-413-1279
  • Service Types: Residential only
  • Years in Business: 3+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): 8 – 10% of monthly rent, depending on plan
  • Tenant Placement Fee(s): 1 month’s rent
  • Miscellaneous Fee(s): $25 annual 1099 filing fee with the gold plan, $49 quarterly safety assessments

HomeWorks Property Management works with all types of residential property, providing full-service management solutions that aim to maximize your income, minimize your expenses, and take the stress out of leasing your property. They work to provide custom-tailored packages, guided by an initial inspection and consultation which includes a rental analysis to set expectations, create an investment plan, and prepare the property for listing. From tenant placement to daily management, HomeWorks can handle just about any aspect of your rental property with local knowledge of the market and laws to ensure the best ROI with fewer problems. Tenant placement is available separately or as part of the full-service plan, which includes marketing, showings, screening, and lease drafting, with management plans including all communication, rent payment, maintenance, lease management, and accounting necessary to maintain your investment, build a relationship with your tenant, and keep you informed.

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Bay Property Management Group

Bay Property Management Group offers residential and commercial property management to Baltimore property owners, backed by more than 12 years of local market experience.

  • Address: 1114 St Paul St, Suite 1A, Baltimore, MD 21202
  • Phone: 443-708-4698
  • Service Types: Residential and commercial
  • Years in Business: 12+ years
  • Rentals Managed: 5,320+
  • Better Business Bureau: A
  • Management Fee(s): 5 – 8% of monthly rent
  • Tenant Placement Fee(s): 1 month’s rent
  • Lease Renewal Fee(s): $100 – $299

Bay Property Management Group simplifies the rental property process, making it easy to get started no matter what kind of property, experience level, or investment goal you have. Their services are comprehensive and provide assistance with legal documentation to get started, full-service leasing that finds and places tenants for you, and diligent daily management of your property and tenant that helps to minimize your expenses, ensures timely rent collection, and allows you to sit back while Bay PMG generates your rental income. Their full suite of services includes marketing of the listing, showings with a licensed agent, screening of all applicants for a variety of background information, lease negotiations, security deposit handling, rent collection, maintenance, lease management, and financial accounting, plus a variety of other services offered as needed to ensure your property remains profitable without your personal investment.

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Premier Property Management Investment LLC

Premier Property Management Investment works with all types of property as well as associations throughout Baltimore and the surrounding areas.

  • Address: 400 W Franklin St #400, Baltimore, MD 21201
  • Phone: 410-522-1078
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 15+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 9 – 10% of monthly rent, depending on number of units
  • Tenant Placement Fee(s): 1 month’s rent

Premier can do it all, offering comprehensive full-service solutions for real estate of all types in addition to assisting with the upkeep and development of associations. Their investor and real estate services survey the market to help identify investment opportunities and arrange the sale so that you can expand your portfolio. They also provide initial inspections and consultations for your property to help you create a budget, provide recommendations for maximizing your earning potential, and get your property rent-ready so that you can go to market ASAP. Once you’re ready to list the property for lease, Premier assembles a listing and syndicates it throughout MLS and listing sites across the internet to reach as many people as possible, offering arranged showings to interested parties and screening all applicants for rental history, criminal history, and proof of income. Plus, all tenants placed by Premier are guaranteed for 12 months so that you can be confident in their tenant placement services and background screening capabilities. During the lease, all aspects of the tenancy are handled for you. Rent collection, maintenance, lease enforcement, renewals, evictions, financial summaries, and more are provided to ensure that your property and tenant are taken care of. Additionally, HOAs throughout Baltimore can receive this same individual daily management in addition to administrative coordination & organization, legal assurance, common area maintenance, dues collection, full bookkeeping and budgeting assistance, and more to add value to your community and improve its efficiency so that you can spend less time and enjoy it more.

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American Management II, LLC

American Management II offers residential and commercial property management to property owners throughout Baltimore and the surrounding areas.

  • Address: 2903 N Charles St, Baltimore, MD 21218
  • Phone: 410-366-2100
  • Service Types: Residential and commercial
  • Years in Business: 37+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A
  • Management Fee(s): 10% of monthly rent
  • Tenant Placement Fee(s): 1 month’s rent for residential properties, 2 – 6% of annual rent for commercial properties, depending on length of tenancy

American Management II has nearly 4 decades of experience providing full-service management solutions for all types of property, aiming to make it easy to get started with earning rental income. They charge no vacancy fees, upfront costs, renewal fees, or any hidden fees, so it’s risk-free and cost-effective to give them a try no matter what level of service you need. Their plans span pre-lease and during the lease, plus turnover between tenants to help ensure that your cash flow remains positive and you’re getting the maximum return on your investment. Leasing services include marketing the vacancy, showings conducted by licensed agents, in-depth screening that ensures all placed tenants are reliable, and custom leasing to protect you financially and legally as much as possible. Daily management includes all tasks required to maintain the property and keep the tenant happy, including timely rent collection and maintenance handling through the tenant portal, regular inspections, emergency support, bill payment, lease enforcement, renewals, evictions, and more.

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Canton Management Company

Canton Management Company works with both residential and commercial property owners & investors throughout Baltimore.

  • Address: 2912 O’Donnell St, Baltimore, MD 21224
  • Phone: 410-342-2205
  • Service Types: Residential and commercial
  • Years in Business: 24+ years
  • Rentals Managed: 500+
  • Better Business Bureau: B-
  • Management Fee(s): 8% of monthly rent
  • Tenant Placement Fee(s): 1 month’s rent

Canton works with property owners and investors of residential & commercial properties, working to help you maximize your profitability no matter what stage of the rental process you’re on. For investors, they provide a free market analysis to identify unique investment opportunities and brokerage services to help you close the deal and get started with it. A rental analysis is also provided to help price your listing, create an effective budget, and prepare the property for the market. Once readied, Canton’s tenant placement advertises the listing throughout all major rental sites & local mediums, shows the property with licensed agents, screens all applicants for a wide range of background information, and drafts a custom-tailored lease that ensures maximum financial and legal coverage. Their daily management takes care of all responsibilities relating to both the property and tenant, including online rent collection, maintenance requests, and messaging provided through the tenant portal, renewals & rent increases in line with the market value of your listing, and timely evictions with full legal compliance so that you can get back to generating income ASAP.

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Astoria Charm

Astoria Charm is a full-service investment property management company offering brokerage, leasing, and daily management for all types of residential properties throughout Baltimore.

  • Address: 1714 St Paul St STE 3C, Baltimore, MD 21202
  • Phone: 410-402-1572
  • Service Types: Residential only
  • Years in Business: 4+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 8 – 10% of monthly rent, depending on number of units (min. $100/door)
  • Tenant Placement Fee(s): 1 month’s rent

Astoria Charm provides turnkey investment solutions as well as individual brokerage, leasing, and daily management services to Baltimore property owners & investors. They can handle any and all aspects of the investment property process, including market research & analysis that identifies unique investment opportunities and a cash flow analysis to outline your expected ROI and help you make the most profitable investment possible. Vacant properties will benefit from their leasing services which take care of everything required to place a high-quality tenant into your property quickly for greater income and lesser expenses along with a custom lease that ensures legal compliance at all times. Astoria Charm can also oversee the needs of the tenancy from start to finish, addressing all maintenance, rent collection & disbursem*nt, and lease management that allows you to avoid being on-call for any issues relating to your property so that you can achieve passive income while the provided online owner portal allows you to check in at any time.

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Baltimore Property Solutions, LLC

Baltimore Property Solutions has over 15 years of experience providing brokerage and property management solutions for Baltimore’s owners & investors.

  • Address: 2400 Boston St. 102, Baltimore, MD 21224
  • Phone: 443-839-8414
  • Service Types: Residential and commercial
  • Years in Business: 15+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 7% – 10% of monthly rent depending on the number of units
  • Tenant Placement Fee(s): 100% of one month’s rent for tenant placement only

Baltimore Property Solutions is a real estate brokerage and rental management company that supports both residential and commercial properties so that your entire portfolio can be addressed in one place. They’ll use their local market and real estate experience to help you find the best investment opportunities available in the market with a cash flow analysis that makes it easy to create an effective budget and make an informed decision about your next investment property. They can also assist with negotiations, acquisitions, closing, and preparation of your investment property for the rental market through maintenance & renovations services aimed at increasing your earning potential. Once you’re ready to hit the rental market, Baltimore Property Solutions creates a listing for your property that highlights its best features to attract as many potential tenants as possible and shows the property with licensed agents who can help collect more applications. Each applicant is screened for rental history, criminal history, and proof of income so that you can be confident in who you trust your property to and a custom lease is drafted to protect you as much as possible throughout the lease term. Daily management addresses all maintenance, rent collection, and lease management needs while providing monthly & annual financial summaries to help you stay informed without being involved.

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Chesapeake Property Management, Inc.

Chesapeake Property Management, Inc. has serviced the Baltimore Metro area with residential real estate and property management services for 25 years.

  • Address: 1414 Key Hwy, 3rd Floor, Baltimore, MD 21230
  • Phone: 443-588-5600
  • Service Types: Residential only
  • Years in Business: 25+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): the greater of 10% or monthly rent or min. $150/month

Chesapeake is all about protecting your investment, minimizing risk, and maximizing your income, so you can have peace of mind knowing your property is in professional, capable hands. They offer a free rental analysis to create a marketing campaign, price your property, make recommendations for renovations to increase your earning potential, and prepare the property for leasing. Once the property is ready to be leased, they will market it extensively, conduct showings, screen applicants for a variety of background information to ensure qualified tenants are placed, and draft the lease in compliance with local and state laws. Chesapeake’s management services include tenant communication, routine maintenance and inspections, rent collection, and more, with accounting services provided through the online owner portal to keep you informed on your investment.

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Leasing Baltimore

Leasing Baltimore is a residential-only property management company working with single-family homes, townhomes, and apartments throughout Baltimore.

  • Address: 19 E. 21st Street, Baltimore, MD 21218
  • Phone: 410-357-1707
  • Service Types: Residential only
  • Years in Business: 3+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing
  • Tenant Placement Fee(s): the greater of 50% of one month’s rent or $750 for basic placement plan, 100% of one month’s rent for premium placement plan
  • Miscellaneous Fee(s): $150 marketing fee per 30 days

Leasing Baltimore prioritizes communication, working to learn what your investment goals are and helping you to achieve them with custom-tailored management solutions that address your needs and ensure your property & tenant are taken care of without siphoning too much of your profitability. They’ll work with you to create a plan that helps achieve your goals using a free initial consultation before beginning with tenant placement or daily management services. This will include market research, marketing of the listing, showings, screening potential tenants, lease negotiating, lease drafting, and security deposit handling, allowing you to get a high-quality tenant in place with full legal compliance and a top-dollar rental rate. Management includes all communication, rent collection, property bill payment, inspections, maintenance, lease renewals, evictions, and accounting with full legal compliance and guidance throughout the entire process so that you don’t have to worry about costly fines or penalties. They provide these services through the tenant portals and owner portals, accessible 24/7 for everyone’s convenience.

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MBR Property Management

MBR Property Management has more than 15 years of experience providing full-service residential property management services to the Greater Baltimore area.

  • Address: 926 Light St Suite 2, Baltimore, MD 21230
  • Phone: 410-935-7976
  • Service Types: Residential only
  • Years in Business: 16+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing
  • Tenant Placement Fee(s): 1 month’s rent

MBR handles all aspects of managing your property and tenant, including preparing the property, finding a tenant, creating a custom lease, and addressing all the needs of the tenancy for you so that you can relax. They market your listing throughout all major listing sites, collecting applications and screening applicants for a wide range of background information to help ensure that any placed tenant is reliable and minimizes the risk of additional wear or damages occurring during the lease term. A custom lease will also be drafted to ensure legal compliance and security deposits will be managed so that you can retain the funds if necessary, providing additional financial protection. MBR’s complete daily management includes addressing tenant communication, collecting rent, coordinating inspections & preventative maintenance, addressing maintenance requests, handling lease issues & enforcement, and more. Accounting is also included to make it easy to stay in touch about the health of your investment at any time.

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American Heritage Property Management

American Heritage Property Management works with all types of property, including associations, throughout the Greater Baltimore area.

  • Address: 1425 Clarkview Rd, Baltimore, MD 21209
  • Phone: 877-691-2802
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 6+ years
  • Rentals Managed: 3,000+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

American Heritage provides comprehensive property management services that can address all of your needs as an individual property owner or association, including full-service leasing, daily management, and assistance with all aspects of association operation. For property owners, they conduct an initial inspection and provide a rental analysis to determine the ideal listing price for your property and recommend cost-effective improvements that will improve your ROI. If you need a tenant, American Heritage PM’s tenant placement plans can take care of finding, screening, and delivering the tenant so that you can quickly get started collecting monthly rent deposits. Their landlord services take on all the day-to-day responsibilities of maintaining and overseeing your tenancy, with rent collection, communication, and maintenance being handled through the tenant portal while monthly & annual financial reports are generated through the owner portal. Lease renewals and eviction processing are also available as needed to ensure that your property remains cash flow positive at all times. For associations and communities of all types, AHPM assists with administrative tasks like recordkeeping, board organization, meeting attendance, and more along with full maintenance for individual properties and common areas and full bookkeeping that ensures your finances are as expected, current, and in the black.

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STAR Property Management

STAR Property Management provides residential property management backed by over 16 years of local Baltimore market experience.

  • Address: 3120 St. Paul St, Terrace Suite, Baltimore, MD 21218
  • Phone: 410-235-7764
  • Service Types: Residential only
  • Years in Business: 16+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

STAR emphasizes minimizing the risk of leasing your property by protecting your investment through effective tenant placement and responsive daily management. They work to help you achieve passive income with hands-off management plans that can include finding a tenant, creating the lease, taking care of the day-to-day needs of the tenancy, and turnover between leases so that you’re always generating income. A free rental analysis is provided for all interested property owners which includes an initial inspection, price outline, and creation of a marketing plan that will maximize your income with minimal vacancy time. Once the property is prepared, they’ll market it through all major listing sites and local mediums, show it to interested parties, collect applications & screen applicants for rental and criminal history, and draft a custom-tailored lease. During the lease, they use a 24/7 tenant portal which allows for communication, maintenance requests, and rent payment at any time to make it easy to get paid and allow for faster responses to maintenance needs to avoid further damages. STAR also handles renewals & rent increases as well as evictions and accounting, allowing you to sit back and relax while they collect your rental income and grow your investment.

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Pioneer Enterprises

Pioneer Enterprises offers residential property management services to property owners throughout Baltimore and the surrounding areas.

  • Address: 4408 Ritchie Hwy, Baltimore, MD 21225
  • Phone: 410-354-1111
  • Service Types: Residential only
  • Years in Business: 16+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Pioneer Enterprises removes the hassle of being a landlord from your decision to lease your property, allowing you to enjoy passive rental income without a significant time or financial investment. Their full-service management solutions are customized to meet your individual needs so that you only take on as much responsibility as you want to. They can handle everything from finding a tenant and negotiating the lease to daily management with rent collection and maintenance coordination so that you preserve your investment’s value and receive regular rent payments from satisfied tenants. Pioneer provides a tenant portal where they can request maintenance, pay rent, or communicate with the property manager at any time. You’ll also receive an owner portal which includes on-demand monthly and annual financial summaries, tax information, inspection reports, and maintenance reports so that you can stay on top of all aspects of your rental.

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Reliable Property Management, Inc.

Reliable Property Management has more than a decade of experience providing full-service residential management to property owners throughout Baltimore.

  • Address: 201-A S Eaton St, Baltimore, MD 21224
  • Phone: 443-869-3799
  • Service Types: Residential only
  • Years in Business: 10+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Reliable Property Management simplifies the rental process so that you can enjoy the benefits of being a landlord without the responsibility of protecting your investment’s value and taking care of a tenant. Their suite of services is comprehensive, spanning all aspects of the rental property process so that you don’t have to be involved unless you want to be. This includes both finding tenants and taking care of them during the lease term, with full-service and separate plans available so that you can customize their solutions to meet your needs. Tenant placement with RPM of Baltimore includes in-depth tenant screening and wide-reaching marketing campaigns that work to find tenants quickly and for longer lease terms with minimal stress during the length of the tenancy. During the lease, they utilize an online tenant portal to facilitate timely rent payment, maintenance handling, and communication thanks to 24/7 capability, in addition to handling any lease renewals or evictions that are required to keep your cash flow positive. Accounting is provided through the 24/7 owner portal as well, allowing you to stay informed on any work being done to your property and providing access to monthly & annual financial summaries at any time.

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Precellent Property Management, LLC

Precellent Property Management works with all types of residential property owners throughout Northern Maryland and the surrounding areas.

  • Address: 10821 Red Run Blvd #1005, Owings Mills, MD 21117
  • Phone: 410-775-6551
  • Service Types: Residential only
  • Years in Business: 6+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Precellent Property Management’s goal is to make it as easy as possible to be a landlord without all the responsibility, thanks to their full-service management plans. They want to help free your time up so that you can enjoy the passive income a rental property provides, providing tenant placement that finds a tenant, drafts a lease, and delivers possession of the unit so that you can start collecting your income each month. On top of placement, their diligent daily management includes preventative maintenance & inspections that work to protect your property and address problems before they get expensive. Precellent also handles all financial aspects of the tenancy, including collecting rent (and directly depositing it to you in a timely manner), paying property bills, and accounting for income and expenses each month so that you can stay informed and your tax season becomes easier.

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BMore Management

BMore Management has nearly a decade of experience helping residential property owners earn income from their Baltimore rental.

  • Address: 4709 Harford Rd Suite 43, Baltimore, MD 21214
  • Phone: 410-777-8651
  • Service Types: Residential only
  • Years in Business: 8+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

BMore Management works to improve your profitability through professional property management that emphasizes proactive maintenance, effective tenant placement, and prompt communication to maintain your investment value and build a positive long-term relationship. Their full-service management aims to lessen your load without affecting your profitability, with plans that can address all aspects of the lease process so that you can be as involved or hands-off as you want to be. Marketing, showings, screening, leasing, and security deposit management are included with tenant placement plans, intending to find high-quality tenants quickly with a fully-compliant lease that protects you and provides peace of mind. BMore’s proactive management includes preventative maintenance, regular inspections, and fast maintenance responses through the 24/7 tenant portal which also allows for rent payments at any time. They’ll also pay property bills on your behalf from your account, enforce the lease, process renewals or evictions, and account for all income and expenses incurred during each month so that you can get an at-a-glance summary of your investment health at any time.

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Dunne Wright Services, LLC.

Dunne Wright Services has been servicing residential & commercial properties throughout Baltimore and the surrounding areas.

  • Address: 4024 Belle Grove Rd, Baltimore, MD 21225
  • Phone: 410-760-7368
  • Service Types: Residential and commercial
  • Years in Business: 16+ years
  • Rentals Managed: 700+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Dunne Wright Services works with both residential and commercial property owners to entirely address any and all aspects of the rental process, allowing you to leverage their local market experience to increase your earnings without increasing your workload. They’ll work to effectively price your listing for greater rental income and find high-quality tenants through extensive marketing and in-depth background checks that give you more confidence in placed tenants so that you can enjoy passive, stress-free income. Daily management with Dunne Wright includes all day-to-day responsibilities of being a landlord, including tenant communication, rent collection, and maintenance handling through the tenant portal, renewals & evictions as needed, and 24/7 accounting through the owner portal.

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JBZ Management

JBZ Management offers residential and commercial property management services to property owners and investors in Baltimore and the surrounding areas.

  • Address: 6807 Park Heights Ave, Suite #100, Baltimore, MD 21215
  • Phone: 410-929-5526
  • Service Types: Residential and commercial
  • Years in Business: 12+ years
  • Rentals Managed: 300+
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

JBZ aims to provide a full-service management experience, taking over the daily responsibilities and protecting your investment while generating you passive income so you can be hands-off while they handle everything from marketing and leasing to lease renewals and evictions. Their services start with a free rental analysis to price your property as well as an initial inspection to document conditions for the security deposit. As part of their leasing services, JBZ will market the property across all major listing sites, show the property to potential tenants, screen applicants for a variety of background information, draft the lease in compliance with Maryland Landlord-Tenant laws, and handle move-in procedures and security deposit escrow. During the tenancy, they communicate with tenants with 24/7 assistance, collect the rent, perform routine maintenance and inspections, and coordinate evictions and renewals. Rent is disbursed to you through the online owner portal where you can also access monthly and annual financial statements.

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Real Property Management Capital Baltimore Area

Real Property Management Capital Baltimore Area provides comprehensive management services for residential & commercial properties and associations.

  • Address: 8100 Sandpiper Cir Suite 108F, Baltimore, MD 21236
  • Phone: 410-695-4701
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 13+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

RPM Capital Baltimore is a local branch of national brand RPM, specializing in hassle-free management services that are backed by 25 years of national experience and their wide network of tools and information to help provide more effective and profitable service. Tenant placement, daily management, and full-service association management are available separately or together, providing options to meet any real estate management needs you have. Marketing, showings, screening, and leasing are included with their tenant placement, finding a tenant quickly who passes their extensive background checks and beginning the tenancy so that you can start collecting rental income. RPM’s daily management includes comprehensive day-to-day landlord services that span from finances to maintenance to communication and everything in between, taking care of rent collection, bill payment, accounting, maintenance, inspections, and lease management. These services are also available to communities, with additional administrative assistance like board organization, meeting coordination, recordkeeping, and financial services like collecting dues or creating a budget that maximizes the value for your association.

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Horizon Property Management

Horizon Property Management offers full-service property management that includes both residential and commercial properties throughout Northern Maryland, including Baltimore.

  • Address: 10400 Ridgland Rd Suite 1, co*ckeysville, MD 21030
  • Phone: 410-666-2824
  • Service Types: Residential and commercial
  • Years in Business: 4+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Horizon works with all types of property to provide comprehensive management that adds value to your listing, maintains your investment’s value throughout tenancy, maximizes your income, and frees up your time so that you can enjoy the benefits of your investment. They’ll help you to increase your earning potential through capital improvements and effective pricing that finds you a tenant quickly without sacrificing too much rental income as part of their initial consultation before getting started with full-service leasing. They’ll create the listing, market it throughout all major listing sites, show the property to applicants, screen applicants, and custom-tailor the lease to your individual needs. During the lease term, Horizon regularly evaluates the property for damages and keeps an eye on the market to allow for potential rental rate increases to keep your income as high as possible. They’ll also handle any communication or maintenance requests with the tenant, collect the rent through the online tenant portal, enforce the lease, and more while the owner portal provides on-demand financial summaries that you can use to stay up-to-date.

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Rent Works Property Management

Rent Works Property Management provides comprehensive management for all types of property throughout Northern Maryland, including Baltimore.

  • Address: 30 E Padonia Rd #206, Lutherville-Timonium, MD 21093
  • Phone: 443-490-7368
  • Service Types: Residential and commercial
  • Years in Business: 4+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Rent Works’s management solutions are adaptive and can be custom-tailored to meet your needs, allowing you to decide how involved you want to be while still taking advantage of their local market knowledge to increase profitability. Their services include marketing, screening, leasing, and security deposit handling to get your tenancy started quickly with full legal compliance throughout the whole process, plus a number of management services that take the stress out of being a landlord. Rent collection, bill payment, and accounting are a few of the financial services provided, with inspections, maintenance, and emergency support provided to keep your property in good shape. If an eviction or lease renewal is required, they’ll also help with those to get you back to earning regular income as soon as possible.

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The Tidewater Companies

The Tidewater Companies is a local network of property management, association management, and real estate agents servicing the Northern Maryland area for more than 30 years.

  • Address: 3600 Crondall Ln # 100, Owings Mills, MD 21117
  • Phone: 443-548-0191
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 33+ years
  • Rentals Managed: 17,000+
  • Better Business Bureau: A
  • Management Fee(s): Contact for pricing

Tidewater can do it all, with divisions of their company that include real estate, property management, and maintenance services so that all your needs are met no matter what stage of the process you’re in. They’ll help you find a property on the market that provides a unique investment opportunity, prepare it with their maintenance & improvement services, and begin finding you a tenant so that you can begin earning income as soon as possible. These services are also available to current property owners, with a rental analysis offered to provide an income estimate and create a budget & plan for your investment. All aspects of tenant placement are taken care of with Tidewater’s full-service and placement plans, including creation of the listing, marketing of it throughout major syndications, showing the property, screening applicants, and creating custom leases so that you can ensure legal compliance at all times while maximizing your financial protection. Daily management includes rent collection, maintenance, renewals, evictions, accounting, and all communication using the tenant and owner portals to allow for 24/7 access. Tidewater’s HOA services include meeting organization & management, recordkeeping, legal assurance, budgeting, dues collection, community maintenance coordination, and more to help add value to your property and save you time.

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Reveal Real Estate Management

Reveal Real Estate Management has serviced property owners and investors throughout the Baltimore metropolitan area for nearly a decade.

  • Address: 320 N Charles St, Baltimore, MD 21201
  • Phone: 443-216-9868
  • Service Types: Residential and commercial
  • Years in Business: 9+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Reveal Real Estate Management works with both property owners and investors to offer comprehensive real estate brokerage and full-service management plans. Their team is composed of Baltimore natives who use their local knowledge of the communities they service to provide effective insight into pricing and marketing strategies to make their tenant placement highly effective, fast, and reliable. Their local relationships also lead to cheaper maintenance, better deals with vendors, and more proactive upkeep of your property because of their proximity to the property, allowing for fast response times in emergencies. Reveal’s full suite of services includes marketing, showings, screening, leasing, rent collection, maintenance, lease management, and accounting thanks to the tenant and owner portals they provide, allowing for on-demand financial reports for you, anytime rent payment, 24/7 emergency communication, and easy maintenance requests.

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Hersch Lauren, LLC

Hersch Lauren is a residential-only management company with more than 30 years of experience servicing Baltimore and the surrounding areas.

  • Address: 1800 N Charles St #204, Baltimore, MD 21201
  • Phone: 410-727-7612
  • Service Types: Residential only
  • Years in Business: 30+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Hersch Lauren takes the hassle out of being a landlord, taking over the day-to-day management with full-service plans so you can enjoy passive rental income without a major time commitment. They offer a free rental analysis to determine the right price point for your property and make suggestions for value-adding renovations within your budget to maximize your return on investment. As part of their leasing services, they handle marketing the property, showing it to potential tenants, screening interested applicants, and drafting a legally-compliant lease. Management services include communicating with tenants, supervising and coordinating maintenance, performing routine inspections, and coordinating lease renewals and evictions when necessary. You’ll also have access to a 24/7 online owner portal where you can access funds and financial statements so you can stay informed at any time.

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WPM Real Estate Management

WPM Real Estate Management specializes in multi-unit residential housing, commercial properties, and associations of all types throughout Baltimore and the surrounding areas.

  • Address: 11433 Cronridge Dr, Owings Mills, MD 21117
  • Phone: 443-796-7400
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 30+ years
  • Rentals Managed: 25,000+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

WPM Real Estate Management works with homeowners, property owners, and association managers to provide full-service management that adds value to your community, grows your investment, and saves you time so that you can spend more time on things that matter. They use their 30+ years of local experience to provide effective pricing of your listing, secure cost-effective maintenance and vendor services, and ensure legal compliance that gives you peace of mind throughout the whole process. Tenant placement includes marketing of a high-quality listing with professional photography, agent-guided showings, screening of all applicants, and custom leasing plus security deposit handling to ensure your tenancy starts off correctly. During the lease, WPM pays property bills, collects rent, generates monthly financial summaries through the owner portal, conducts preventative maintenance, answers maintenance requests, and handles any lease issues or enforcement swiftly to maintain cash flow. Association board members and managers can receive the same individual property care alongside assistance with budgeting, recordkeeping, financial reporting, forecasting, board management, website creation, community building, and customer service support so that your members are taken care of and you can save time & stress.

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FirstService Residential Towson

FirstService Residential Towson offers comprehensive management solutions for all types of properties and communities throughout Northern Maryland.

  • Address: 28 Allegheny Ave Suite 515, Towson, MD, 21204
  • Phone: 800-998-4640
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 37+ years
  • Rentals Managed: 8,000+
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

FirstService helps to take the stress out of managing your community or investment property through individualized services that span all aspects of real estate management and address your specific needs. Owners of residential or commercial property can receive full-service management that allows you to be hands-off with any and all aspects of leasing your property thanks to complete leasing that finds tenants & initiates the tenancy and daily management that handles all landlord responsibilities for you. They’ll market your property through online rental sites, show it with licensed agents who know how to “sell” your listing, and screen applicants for criminal & rental history to ensure that all placed tenants can be trusted with your property. Once the tenancy is underway, FirstService collects rent, addresses maintenance requests, and answers communication through the online tenant portal so that your tenant and property are looked after. The provided owner portal also generates monthly and annual financial summaries, accessible anytime, to provide you updates on-demand. Association services from FirstService include all administrative, financial, maintenance, and community building responsibilities so that you can maximize your free time, improve day-to-day efficiency, and grow the value of your community. Board management, recordkeeping, budgeting, bookkeeping, common area maintenance, dues collection, and legal assurance are just a few potential services you can take advantage of to simplify your responsibilities.

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Homeriver Group® Baltimore

Homeriver Group Baltimore works with residential property owners in the Greater Baltimore area.

  • Address: 3375 Ellicott Center Dr #1878, Ellicott City, MD 21043
  • Phone: 410-480-1219
  • Service Types: Residential only
  • Years in Business: 7+ years
  • Rentals Managed: 32,000+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Homeriver Group Baltimore guides you through the rental process, helping to take the stress out of leasing your property through comprehensive management solutions. Their services begin with a free rental analysis where they’ll provide a price estimate for your listing, recommend improvements to get it rent-ready, and create a plan for achieving your financial goals through their suite of services. All of their solutions are customizable so that your specific needs are addressed, allowing you to decide how involved you want to be. Marketing, showings, screening of potential tenants, lease negotiation & drafting, and security deposit management are included with tenant placement and full-service plans, ensuring that your tenancy starts off with full legal and financial protection. Day-to-day management by Homeriver Group Baltimore includes tenant communication, rent collection and disbursem*nt to you, and maintenance requests through the tenant portal. They’ll also coordinate inspections, oversee evictions, and process lease renewals to keep your cash flow positive while you stay informed with the owner portal’s generated financial summaries that can be accessed at any time.

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Henson Property Management

Henson Property Management works with both residential and commercial property owners and investors throughout the Greater Baltimore area.

  • Address: 400 S Pulaski St, Baltimore, MD 21223
  • Phone: 410-320-6360
  • Service Types: Residential and commercial
  • Years in Business: 14+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Henson offers real estate, property management, and renovation services that allow you to make the most out of your investment. They can assist with finding and buying a property, preparing the property for the market through cost-effective rehabilitation & renovations by their in-house construction team, finding tenants, and overseeing the tenancy as part of their comprehensive real estate solutions. Henson takes pride in their tenant placement, often finding a high-quality tenant in a week so that you can minimize vacancy costs and begin earning rent sooner and conducting in-depth background checks that use 8+ points of data to ensure that all placed tenants are reliable. During the lease term, all finances, maintenance, and communication are handled for you, with timely rent collection, fast-response maintenance, 24/7 support, monthly financial summaries, and more being provided to ensure your property can continue to generate rental income without interruption.

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PCF Management, Inc.

PCF Management, Inc. has over 30 years of experience providing residential and commercial property management services to owners and investors throughout the Baltimore metropolitan area.

  • Address: 8391 Main St, Ellicott City, MD 21043
  • Phone: 410-480-5200
  • Service Types: Residential and commercial
  • Years in Business: 32+ years
  • Rentals Managed: 950+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

PCF handles all aspects of property management, from licensing and advertising to leasing and move-out, for both commercial and residential property owners so you can sit back and collect passive income while the experts do the work. Services start with a free market analysis using current market conditions and comparable properties to determine the right price for your property. They offer both tenant placement and management services separately, or they can be combined for full-service management that is custom-tailored to meet your needs. Leasing services with PCF include marketing the property on the MLS and over 75 other major listing sites, showing the property, screening applicants for rental, credit, and criminal history and proof of income, drafting the lease to ensure legal compliance with local and state laws, and security deposit escrow management. During tenancy, they’ll handle all tenant communication including 24/7 maintenance requests so problems are remedied before they become costly, perform routine inspections, coordinate renewals and evictions, and more. Financial statements are generated monthly and accessible at any time through the online owner portal.

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Thornhill Properties, Inc.

Thornhill Properties works with HOAs, COAs, investors, and property owners throughout Baltimore and the surrounding areas.

  • Address: 6301 N. Charles St, Suite 2, Baltimore, MD 21212
  • Phone: 410-296-2877
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 36+ years
  • Rentals Managed: 60+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Thornhill Properties has over 35 years of experience providing real estate, property, and association management services that include brokerage, leasing, daily management, and full-service HOA services that work to save you time, money, and stress. services to their clients. They have in-house maintenance professionals that ensure timely and cost-effective services for renovations, rehabs, and maintenance to help you earn more from your rental property during their tenant placement efforts. Other services they provide include marketing, applicant screening, leasing, tenant communication, rent collection, maintenance, renewals, and evictions plus full accounting provided monthly and annually and on-site managers for larger buildings that provide 24/7 emergency support. For associations, they offer the same individual property management and on-site services in addition to full bookkeeping, budgeting assistance, dues collection, bill payment, board organization, meeting coordination, project oversight, and more to help add value to your community and save your board & managers time and stress.

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MH Properties

MH Properties can manage residential and commercial investment properties and HOAs throughout the Greater Baltimore area.

  • Address: 2116 N Charles St, Baltimore, MD 21218
  • Phone: 443-247-0001
  • Service Types: Residential, commercial and HOA
  • Years in Business: 9+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

MH Properties is an all-in-one management company that works with investors, property owners, and HOA Boards to provide comprehensive management solutions. They can help with filling your vacancy through tenant placement services that take care of everything required to take your empty property through to a successful lease. Property listing creation, marketing through local and online resources, in-depth screening of potential tenants, and custom leasing work to begin generating income as soon as possible. MH Properties can also take over the role of the landlord so that you can generate effective rental income with little to no time investment thanks to rent collection, maintenance, renewals, evictions, and reporting. HOAs can benefit from their custom-tailored management solutions that work to simplify the role of the Board and aim to improve the community as a whole. Administrative tasks like recordkeeping, meeting attendance, and covenant enforcement as well as full financial management & bookkeeping help to make sure things are working well behind the scenes so that you can focus on finding ways to improve your community. They can also take care of all maintenance and assist with legal compliance for your peace of mind.

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Account Property Management

Account Property Management serves residential and commercial clients throughout the Baltimore metropolitan area.

  • Address: 6314 Windsor Mill Road Ste 307, Baltimore, MD 21207
  • Phone: 443-200-5375
  • Service Types: Residential and commercial
  • Years in Business: 10+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Account PM works to eliminate the hassles of managing your property, handling all of the daily operations so you can get back to enjoying life while they generate passive income from your investment. Whether you’re simply seeking assistance with finding tenants or want to be hands-off entirely, they can assist at any step of the process. To ensure you’re receiving the most out of your investment, they provide a complimentary rental analysis to price your property and identify any value-adding renovations before it goes on the rental market. Leasing services offered include creating and syndicating a listing for your property, marketing it extensively, showing it, screening potential tenants for multiple points of background data, drafting the lease in compliance with Maryland Landlord-Tenant law, and conducting a move-in inspection. During tenancy, Account PM provides tenants with a 24/7 online portal for anytime maintenance requests, communication, and rent payment. Meanwhile, owners have access to your own portal where you can view monthly financial statements, year-end tax reports, and other important documents. Their management services also handle inspections, licensing and registration compliance, lease renewals, and evictions.

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Best 38 Property Management Companies in Baltimore, MD | 2023 Review (2024)

FAQs

What are the signs of a good property management company? ›

Here are several key signs of a good property manager.
  • Organization. First, a good property manager should be organized and have an effective system for managing all property-related tasks. ...
  • Legal knowledge. ...
  • Market knowledge. ...
  • Sociable. ...
  • Good communication. ...
  • Tech-savvy. ...
  • Problem-solver. ...
  • Finance knowledge.
Jan 23, 2023

What are the average property management fees in Maryland? ›

Full-Service Property Management Fee

The standard fee for this service in the Southern Maryland market is around 10% of the monthly rent. Our full-service property management packages start at 8.9% of the monthly rent.

Does a property management company need to be licensed in Maryland? ›

While property managers in Maryland needn't obtain a specific property management license (17–301(b)(4)), real estate agents who also provide property management must always follow real estate licensing law.

What are the best zip codes in Baltimore? ›

  • Halethorpe, Baltimore County, Maryland (zip code 21227).
  • Hampden, Baltimore, Maryland (zip code 21211)
  • Glen Burnie, Anne Arundel County, Maryland (zip code 21060)
  • Northeast Baltimore City (zip code 21239)

What makes a successful property manager? ›

A property manager needs to be able to listen and communicate, as well as be proactive and involved, current and knowledgeable. He or she should also be levelheaded and resourceful, personable and articulate. For all the property managers diligently trying to excel, the list of "and's" goes on and on.

What type of personality does a property manager have? ›

Property managers tend to be predominantly enterprising individuals, which means that they are usually quite natural leaders who thrive at influencing and persuading others. They also tend to be conventional, meaning that they are usually detail-oriented and organized, and like working in a structured environment.

What is a good management fee? ›

Types of Investment Management Fees

Management fees, whether paid as a mutual fund expense ratio or a fee paid to a financial advisor, typically range from 0.01% to over 2%. Generally, the range in fee amount is due to management strategy.

What is included in the management fee of a property? ›

Day-to-Day Management Expenses

For the actual management of your property, there's the monthly management fee, which includes property inspection and maintenance, handling emergency maintenance, collecting rent payments, and other day-to-day tasks.

What is a typical management fee structure? ›

Key Takeaways

The management fees cover not only the cost of paying the managers but also the costs of investor relations and any administrative costs. Fee structures are usually based on a percentage of assets under management (AUM); they tend to range from 0.10% to more than 2% of AUM.

What degree is best for property management? ›

Finance or Accounting degree

The most common degree for property managers tends to be finance-related. Property managers answer to property owners and tenants – both of who are spending or receiving money. Therefore, accounting and money management is part of the property manager's responsibilities.

What are the repair rights for renters in Maryland? ›

Maryland law requires landlords to repair and eliminate conditions that are a serious threat to the life, health, or safety of occupants. If a landlord fails to repair serious or dangerous problems in a rental unit, you have the right to pay your rent into an escrow account established at the local District Court.

Do property managers need a license in DC? ›

Property managers, however, must pass the DC property managers exam and obtain a property manager license. Those holding broker's licenses need not obtain a property manager license, as the broker's license is considered superior.

What is the nicest area in Baltimore? ›

Niche ranks Ellicott City as the #1 best place to live in the Baltimore area in 2023, giving it maximum ratings for both its public schools and family appeal.

What is the nicest section of Baltimore? ›

Overall, Midtown and Mount Vernon are the best neighborhoods for us in Baltimore. The area's proximity to Downtown and to the inner harbor, and all the amenities available, will make any new resident feel as welcomed and comfortable as can be in Baldamore.

Where do property managers get paid the most? ›

Property Manager Salary By State FAQs

The highest-paid state for property managers is New Jersey with an average salary of $61,181 per year. What city pays property managers the most? New York, NY pays property managers the most with an average salary of $60,617 per year.

What are the three goals for property manager? ›

Growth, Efficiency and Profitability are Top Property Manager Goals.

How much do most property managers make? ›

The average salary for a property manager in California is $51,000 per year. Property manager salaries in California can vary between $21,000 to $112,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

What is the hardest part of being a property manager? ›

The most common challenge faced by property managers is poor time management. Handling maintenance requests, communicating with tenants, and conducting inspections can fill up a property manager's day leaving no time for the twenty other things that need to get done.

What are hard skills in property management? ›

The most common hard skill for a property manager is customer service. 15.4% property managers have this skill on their resume. The second most common hard skill for a property manager is property management appearing on 13.6% of resumes. The third most common is financial reports on 6.6% of resumes.

What are the cons of being a property manager? ›

One major con of being a property manager is the amount of paperwork involved in the job. Property managers are responsible for a wide range of administrative tasks, such as preparing lease agreements, collecting rent payments, handling maintenance requests, and managing financial records.

Are management fees tax deductible? ›

Investors can no longer deduct any costs associated with producing investment income, including: Financial advisor fees. Rental fees for a safe deposit box. Fees paid to brokers or trustees to manage IRAs and other investment accounts.

Are management fees negotiable? ›

Yes, You Can Negotiate Fees With Your Financial Adviser.

Is a 1 management fee high? ›

Bottom Line. The average investment management fee is over 1% for $1 million in assets under management. It's important to know what kinds of fees firms may charge and how they structure them.

How do you calculate management fees? ›

As mentioned earlier, ongoing management fees are typically calculated as a percentage of the monthly rent collected. For example, if your monthly rent is $1,000 and the property management company charges a 5% management fee, you would pay $50 per month for their services.

What rent should I charge? ›

Work out your rental yield

You take the monthly rental income amount or expected rental income and multiply it by 12. Divide it by the property's purchase price or current market value and multiply this figure by 100 to get the percentage. A good rental yield is usually considered to be 7% or more.

Is property management a fixed expense? ›

Fixed expenses are those that do not change regardless of property occupancy. For example, property taxes are a fixed expense. Variable expenses are those that do change based on property occupancy. For example, property management fees are based on a property's income so they change based on occupancy.

What is the monthly management fee? ›

This is a fee levied by property managers every month to manage a property. It is a percentage of the rental income paid every month. Alternatively, it can be a flat fee. The percentage usually ranges from 4% to 7%.

What is a professional fee? ›

A professional fee is a charge for specific services. These fees may be paid by the client directly to the professional. Professional fees are also common for certain vendors who sell their services and products directly to businesses, such as recording, marketing, and advertising sales.

What job makes the most money in real estate? ›

Our Top 7 Picks for the Best Paying Jobs in Real Estate
  • Real estate agent.
  • Real estate broker.
  • Real estate attorney.
  • Real estate developer.
  • Property manager.
  • Real estate consultant.
  • Mortgage loan officer.
Dec 30, 2022

Do you need a real estate license to be a property manager in California? ›

For anyone stepping into managing a property on behalf of the owner, the first requirement is to have a property management license in California. The regulation (10131-b) clearly states that buying, selling, or leasing property without a license, is unlawful.

What organization awards the designation certified property manager CPM? ›

Certified Property Manager (CPM) is a real estate professional designation awarded by the Institute of Real Estate Management (IREM) and recognized by the National Association of Realtors (NAR).

What a landlord Cannot do in Maryland? ›

​It's illegal in Maryland for a landlord to retaliate and evict a tenant primarily because the tenant or a housing inspector sends a notice to the landlord informing them that there are lead hazards in the property or that there is a child with an elevated blood lead level living in the property.

How often do landlords have to replace carpet in Maryland? ›

There is no specific law in Maryland that requires landlords to replace carpet at any specific intervals. The requirement would be that the carpeting is in a habitable condition and the landlord has to maintain the rental property in a safe and habitable condition.

Do landlords have to provide AC in Maryland? ›

(b) Required Service Standard means, except when air conditioning requires Reasonable Maintenance and Repair, landlords of rental housing must supply and maintain air conditioning in safe and good working condition that is capable of maintaining a temperature of no more than eighty degrees Fahrenheit (80°F.)

How many hours of pre-licensing education are required to sit for the property manager exam in DC? ›

Complete 135-hour pre-licensing educations. Passing scores on both the national & state (DC) portions of the Broker exam. For additional information on the exam, refer to the “Real Estate License Examination Candidate Information Bulletin” on the DREC website.

How many hours of pre license education is required for a DC property manager license? ›

1. Complete 60 hour Salesperson pre-licensing education. For real estate pre-licensing course providers, visit //dcopla.com/realestate.

How many questions are on the DC property manager exam? ›

There are 80 questions on the National portion and 30 questions on the State portion.

What is the safest town in Baltimore? ›

A: Tourist-friendly spots that are well patrolled are among the safest parts in Baltimore, with neighborhoods including Inner Harbor, Little Italy, and Federal Hill. Don't be discouraged by some of the crime rates in Baltimore that are quite high; these areas are certainly safe parts worth checking out.

What is the richest area in Baltimore County? ›

#1-Guilford

Right next to Notre Dame of Maryland University is the neighborhood of Guilford. In order to own a home here, you'll need around $1,062,893, which is more expensive than 97.4% of the neighborhoods in Maryland and 95.1% of the neighborhoods in the U.S.

What is the most famous street in Baltimore? ›

Baltimore's grandest and best-known artery, Charles Street takes you on a journey through some of the city's most fashionable cultural, residential and commercial areas.

What is the poorest neighborhood in Baltimore? ›

Sandtown-Winchester

Sandtown-Winchester is a West Baltimore community with a disproportionate number of residents living below the poverty line. In addition, with an unemployment rate nearly twice the city average, Sandtown is greatly affected by drug trafficking, gang activity, and rampant property theft.

Where is the best place to live in Baltimore? ›

Ellicott City

Niche ranks Ellicott City as the #1 best place to live in the Baltimore area in 2023, giving it maximum ratings for both its public schools and family appeal.

Where are the white neighborhoods in Baltimore? ›

Today, thousands of descendants of these white Jews live in Baltimore County, especially in Pikesville and Owings Mills, though many remain in the city in neighborhoods such as Park Heights, Mount Washington, and Roland Park.

What is the safest Baltimore suburb? ›

Safest Neighborhoods in Baltimore
  • Roland Park. The safest neighborhood in Baltimore is Roland Park. ...
  • Parkville. Parkville is another safe Baltimore neighborhood that is great for families. ...
  • South Baltimore. ...
  • Towson. ...
  • Hampden. ...
  • Federal Hill. ...
  • Fells Point. ...
  • Canton.
Feb 12, 2023

What are the best zip codes in Baltimore to live? ›

  • Halethorpe, Baltimore County, Maryland (zip code 21227).
  • Hampden, Baltimore, Maryland (zip code 21211)
  • Glen Burnie, Anne Arundel County, Maryland (zip code 21060)
  • Northeast Baltimore City (zip code 21239)

What is the best zip code in Baltimore city? ›

The top performing ZIP code was found to be 21211, which encompasses the Hampden, Remington and Woodberry neighborhoods of Baltimore City. The median home value there is currently $528,700, up from about $488,000 in 2009.

What is a management company in property? ›

A property management company takes on some responsibilities for property owners. This third-party corporation helps maintain the status quo of a residence and handles any issues for its occupants. As a result, real estate owners and investors often hire them to oversee their real estate operations on their behalf.

What is the hardest part about property management? ›

The most common challenge faced by property managers is poor time management. Handling maintenance requests, communicating with tenants, and conducting inspections can fill up a property manager's day leaving no time for the twenty other things that need to get done.

What is another name for a property manager? ›

Real Property Administrator (RPA) Facilities Management Administrator (FMA)

What are the strengths and weaknesses for property manager? ›

Sample Answer: My greatest strength is my ability to communicate with people. I'm always willing to listen and work with others. My weakness is that I have a tendency to overwork myself. I'm working on delegating tasks more often so I can spend more time with my family.

What is a management company responsible for? ›

A Management Company is a party to certain leases or transfer documents. The company's role is to be responsible for the management of the service charge and the delivery of management and maintenance services at the development. A typical lease will have two or three parties (bi-partite or tri-partite).

Do you need a license to be a property manager in BC? ›

The Rental Property Management Licensing Course is administered on behalf of the BC Financial Services Authority (BCFSA). The course provides the licensing education requirements for those who wish to become licensed property managers in British Columbia.

Do you need a license to be a property manager in PA? ›

YES. Key components of property management (leasing and renting) are considered real estate activities under existing Pennsylvania real estate licensing laws. If a property manager is going to lease, list or manage real estate, or promote the rental of real estate, he or she will need a broker's license.

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