Find a property management company in Washington, DC

Find property management companies in Washington, DC

Find property management companies in Washington, DC

Share a few details and we'll show you the best property management companies in your area.
Zip code

Management needs

Find property management companies in Washington, DC

Share a few details and we'll show you the best property management companies in your area.
Zip code

Management needs

Top 10 property management companies in Washington, DC

Homeowners agree: these Washington property management companies are highly rated for knowledge, experience, communication, and more.
King Quality Contractors Inc

King Quality Contractors Inc

5.0(2)
4 hires on HomeGuide
5+ years in business
Serves Washington, DC
John H. says, "They arrived on time and finished on time. No surprises with scope of work, the quality of work, or the cost." Read more
RL Martin

RL Martin

4.8Excellent(12)
23 hires on HomeGuide
25+ years in business
Serves Washington, DC
Lester E. says, "Craftsmanship and commitment to produce quality results " Read more
Burch Masonry Llc

Burch Masonry Llc

3.7(3)
20 hires on HomeGuide
9+ years in business
Serves Washington, DC
Philomena D. says, "Very punctual. Everything was done quickly and neatly. Extra blocks were replaced in order to make the finished wall look good. I had also forgotten to mention a small job I needed done. Both were done at no extra charge. I did have all the materials for the extra small job. I highly recommend Burch Masonry and if I need this type of work to be done again I will not hesitate to call them. And did I mention he was the lowest bid by a lot? Thank you Burch Masonry for a job well done." Read more
MoTECHS, LLC

MoTECHS, LLC

5.0Exceptional(7)
Offers online services
20+ years in business
Serves Washington, DC
Nina W. says, "Family oriented environment. " Read more
Clean Ahead Services

Clean Ahead Services

New on HomeGuide
34+ years in business
Serves Washington, DC
Clean Ahead Custodial Services We are a growing commercial cleaning and property service provider located in the Washington metropolitan area. We provide a range of cleaning services for commercial, industrial & residential clients. We also work along real estate agents in order to arrange end of lease clean ups for residential properties. Clean Ahead Services brings a fresh and professional approach to cleaning services; our goal is to exceed the expectations of every client by offering outstanding customer service, exceptional quality, and add greater value for the service. Our scope is to accomplish all commercial & residential clean

Your property management questions, answered

Answers to commonly asked questions from the experts on HomeGuide.

How much do property management companies charge?

Property management companies typically charge between 8% and 12% of the monthly rent to manage the rental property. This fee covers their costs for marketing the property, running background screening on potential tenants, collecting rent, and handling routine maintenance issues and repairs.

Since management fees are a percentage of the rent, the fees will be higher in urban areas with a higher cost of living. Managers also have higher fees for multi-family properties bringing in more monthly rent payments to process. Finally, the more services that the management company offers, the higher their fees. If the company is required to handle maintenance and repairs for your rental properties, you will pay more for their services than if you only require them to screen tenants and collect monthly rent.

What do property management companies do?

Property management companies are responsible for the day-to-day operations of rental properties. They handle everything from finding tenants and collecting rent to dealing with repairs and maintenance.

Depending on your budget and the number of properties you own, your property management company may perform the following tasks:

  • Screen tenants by running background checks to ensure the potential renters have stable employment and a good rental history.
  • Review and sign the rental agreement lease with any approved tenants.
  • Collect rent from tenants every month and deposit the rent payments into the owner's account.
  • Schedule routine maintenance services like lawn care and pest control, as well as schedule contractors to fix any repair issues.
  • Advertise any vacant properties online, in print, and by holding open houses.
  • Provide customer service to both the property owner and the tenants by answering questions about and resolving any disputes.

Should I hire a property management company?

You should consider hiring a property management company if you have room in your budget for the monthly fees, especially if you own multiple properties or you live far from the properties you rent. An experienced property manager can take over the daily operations for you, saving you time and the cost of maintaining the properties.

In addition to collecting rent and handling maintenance issues, a big benefit of hiring a property manager is that they market your vacancies, screen tenants, and quickly fill any empty units so that you don't suffer the lost income when a tenant moves out.

Are property management companies worth it?

Yes, an experienced property manager is worth the monthly fee, especially for new landlords that are still learning the ropes. Knowing your property is in good hands can give you peace of mind and free up your time to focus on other interests.

Additionally, a licensed property manager reduces your legal liability by understanding discrimination, disability, and tenant laws that govern leasing practices including evictions and late rent. If your rentals are part of a government-funded affordable housing program, the property manager will ensure you adhere to the complicated set of rules that pertain to your property.

Do property managers need to be licensed?

Property management licensing requirements vary by state. In most states, a property manager that is renting or leasing properties is required to have a real estate broker's license or be a real estate salesperson working for a licensed broker. There are some exceptions to this rule including onsite managers who work at one property, community association managers, and short-term rental managers.

The main reason most states require licensure for property managers is to prevent legal liability for property owners. Licensed property managers undergo a background check and are trained in the laws against tenant discrimination, property accessibility for individuals with disabilities, and confidentiality laws. The only states that do not require property managers to be licensed are Vermont, Idaho, and Maryland.

Do property management companies pay for repairs?

No, property managers do not typically pay for repairs out of their pocket. Instead, their monthly fees include a reserve fund for repairs and maintenance. If a repair is needed that exceeds the amount in the fund, the property owner is billed for the additional costs.

An experienced property management company should provide its clients with a management agreement that spells out their responsibilities. Since larger multi-family properties require more maintenance, the management company charges a higher monthly fee to increase the size of the repair fund. Properties managers also charge higher fees in certain locations that are more prone to damage from weather or crime.

What questions should I ask a property management company?

Handing over the responsibilities of your rental property to the management company is an important decision. Be sure to ask these questions to help you choose the best manager for your property:

  • What are your monthly rates?
  • What services are included in the monthly rate?
  • How long have you been managing rental properties?
  • What is your marketing plan to fill vacancies quickly?
  • What is your screening process for tenants?
  • How often do you visit or inspect the property?
  • How do you handle repairs and maintenance?
  • How do you handle tenant disputes or late rent payments?
  • Have you ever dealt with an eviction?

How do I choose the right property management company?

Choosing a property management company you can trust will give you peace of mind. Here are some tips to help you choose the right property management company:

  • Do your research online by reading about the company's experience and the services they offer.
  • Read online reviews by current and past clients on HomeGuide and Google.
  • Make sure the company is licensed and insured as required in your state.
  • Interview several companies to find a company that fits your budget and needs.
  • Ask about the company's marketing plan to fill vacancies with good tenants.
  • Select a company that is prompt to respond to any questions or concerns.

Reviews for Washington property management companies

Recent success stories from people in the Washington area.
Tom K.
Easy to work with. Fair price. Great job. Cleaned up well. Overall an excellent experience.
King Quality Contractors Inc
Bernard S B.
Promptly and reasonably
RL Martin
TONY H.
Dion has been great. Rain has held up the project, but looks good to be finished soon. Thanks
Burch Masonry Llc
Ebai P.
Very reliable, Quality of work is great; Provides competitive pricing... MoTechs knows the inside out of Commercial Real Estate. Will recommend them to anyone who needs help.
MoTECHS, LLC
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