Find a property management company in Dallas, TX

Find property management companies in Dallas, TX

Find property management companies in Dallas, TX

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 Dallas, TX

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 Dallas, TX

Homeowners agree: these Dallas property management companies are highly rated for knowledge, experience, communication, and more.
KERR/ Nortex Remodeling And Repair

KERR/ Nortex Remodeling And Repair

4.6Awesome(16)
Offers online services
41 hires on HomeGuide
6+ years in business
Serves Dallas, TX
Ordis Larry P. says, "Knowledgeable about my project, very personable and interested in seeing the job is done correctly and that he satisfies the customer. His charges are fair and honest." Read more
Vincent Smith

Vincent Smith

5.0(4)
9+ years in business
Serves Dallas, TX
Patricia V. says, "He was very thorough and professional. He went above and beyond to make sure he got the job done the way I needed it done." Read more
GLOBAL CONSTRUCTION INDUSTRIES

GLOBAL CONSTRUCTION INDUSTRIES

4.8Excellent(6)
Offers online services
24 hires on HomeGuide
4+ years in business
Serves Dallas, TX
Marie S. says, "The time that Carlos took to explain to us step by step what they would be doing to complete the reinstallation of our roof. Awesome awesome awesome" Read more
First Call

First Call

5.0Exceptional(12)
Offers online services
4 hires on HomeGuide
36+ years in business
Serves Dallas, TX
Garrett M. says, "They were incredibly helpful and considerate as we worked through the difficulty of a homeowner’s insurance claim. They worked with us and made sure we were satisfied and informed about everything they did. " Read more
Leon K. Payne & Associates

Leon K. Payne & Associates

5.0(1)
Offers online services
26+ years in business
Serves Dallas, TX
Tiffany S. says, "Leon and his guys were nice, mature, clean and professional." Read more
South's Projects

South's Projects

5.0Exceptional(13)
15 hires on HomeGuide
10+ years in business
Serves Dallas, TX
Paige B. says, "They were able to come within one day of my decision to hire them. They selected and brought the water heater with them, arrived on time, cleaned up after themselves, discarded the old unit and were on their way. " Read more
Universal Foundation Experts

Universal Foundation Experts

5.0(2)
5+ years in business
Serves Dallas, TX
Nicole W. says, "I appreciate the alternative they offered me. I guess you can say I’m a satisfied customer!" Read more
LIVEzone Modern Wellness Design

LIVEzone Modern Wellness Design

New on HomeGuide
Offers online services
25+ years in business
Serves Dallas, TX
Modern wellness upgrades are easy to implement ! Let your home or office ZONE heal you! NASA technology 99.9% efficacy. Air and surface cleanse 24/7 included. *effortless analysis and implementation plan via educational approach. *all quotes, changes and approvals are written and dated *zero miscommunication, tailored to your needs! Commercial and Residential I have been designing impactful rooms and amenities for 10 years. I was a manufacturer and private label designer following a financial career managing high net worth investment portfolios. I bring an owners perspective to the table., no project too small or too large ! Privacy...
BedRock Associates

BedRock Associates

New on HomeGuide
3+ years in business
Serves Dallas, TX
Our company enhance’s outdoor environments by creating a solution to your outdoor living space & garden . Our team also provides maintenance services from lawn care gardening & much more
Caruth Haven Court

Caruth Haven Court

New on HomeGuide
Serves Dallas, TX
Caruth Haven Court offers a wide range of stylish senior living options in Dallas. Our resort-style senior living community specializes in assisted living, a SHINE® Memory Care program, and more. From baking clubs to all-inclusive wellness programs to well-appointed apartment homes, we ensure that all of our residents can enjoy their retirement and golden years to the fullest. You will be pleased to know that we also cater our services to seniors who are living with dementia or are looking to live in an assisted living home....

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 Dallas property management companies

Recent success stories from people in the Dallas area.
Rocky G I.
They did a very good job correcting the errors that a previous contractor had made
KERR/ Nortex Remodeling and repair
Brian B.
Vincent and his crew were everything you could hope for. They were considerate and respectful. They treated my shuffleboard table as though they were moving it for their own family. I’m keeping his number for future needs!!
Vincent Smith
AJIBOLA O.
Professional job and excellent attitude
GLOBAL CONSTRUCTION INDUSTRIES
John G.
Excellent quality of work. These guys are the ultime professionals. Do not hesitate to call them if you are insitant of getting your job done right
First Call
Jeanne B.
Alec was great: kept me informed about his ETA, showed up when he said he would, very personable and professional. Obviously "knows his stuff!" Did an excellent job of fixing our broken water pipe, showed us the break and explained what our situation was and what it could be going forward with the Quest pipe that was used when the home was built, made recommendations for future replacement. He did an excellent job of cleaning up and replacing the sod that had been removed for the fix. We were extremely happy that we chose him for our repair and will definitely use him again. Highly recommend him.
South's Projects
Kyle H.
They really know how to properly execute on the job. Looking forward to another project.
Universal Foundation Experts
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