Seeking Property Management Pros in Dallas/Fort Worth!

Shushyam Malige Sharanappa

Member since 2025 · 1 post · 1 vote

I’m looking for property managers to help manage a rental property in the DFW area.

Some companies I’m considering include:

• Evernest Dallas

• Specialized Property Management

• Real Property Management (RPM) Dallas

• North Texas Property Management

If you have personal experiences or recommendations, please comment below!

#DFWRealEstate #PropertyManagement

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Ryan BlakePro Member

Lender · TX · Member since 2018 · 936 posts · 713 votes

@Shushyam Malige Sharanappa I recommend finding a local property manager. I would not use a nationwide group or larger regional group. I have not had good luck with them. I use a smaller local manager for 2 of my SFRs and a slightly larger group for my 6-unit. I would look into McCaw Property Management on top of the list you have.

[email protected]214-420-7324

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Taz Zettergren
Real Estate Agent · Memphis, TN · Member since 2019 · 365 posts · 264 votes
1y
@Shushyam Malige Sharanappa Premier Property Management Group manages mine and has done a great job. DM me if you'd like for me to connect you with them and I'd be happy to
0 Reply
Michael SmytheBusiness Member
Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
1y
Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.

Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.

Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

To avoid going through the same poor experience, keep reading.

Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.

In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

It's often a case of not doing enough research, as they don't know what they don't know!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.

EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean? What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.? You’d be shocked by how little actual screening many PMC’s do!

This also leads owners to ASSUME simpler is better when it comes to management contracts.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings. Why do you think purchase contracts are so long and have such small print?

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

P.S. If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general. Take ownership of your mistake and learn to do the proper due diligence recommended above😊
Logical Property Management4.9457 Reviews
Website View Page
0 Reply
Ryan BlakePro Member
Lender · TX · Member since 2018 · 936 posts · 713 votes
1y

@Shushyam Malige Sharanappa I recommend finding a local property manager. I would not use a nationwide group or larger regional group. I have not had good luck with them. I use a smaller local manager for 2 of my SFRs and a slightly larger group for my 6-unit. I would look into McCaw Property Management on top of the list you have.
[email protected]214-420-7324
2 Reply
Preston DeanBusiness Member
Realtor · Fort Worth, TX · Member since 2021 · 779 posts · 368 votes
1y
HI @Shushyam Malige Sharanappa
10/10 recommend The Hagwood's Property Management - I send them to all of my bigger pockets investors here in the DFW area.
https://www.jamieandsheri.com/
[email protected]817-480-9452
United Real Estate DFW Properties 564 Reviews
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Kyle MccawBusiness Member
Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
1y
@Ryan Blake thank you for the mention.
McCaw Property Management4.4900 Reviews
Website View Page
1 Reply
Bruce Lynn
Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
1y
Where exactly is the home? How many units is it? Use a reputable one either close to the home, or has a PM close to the home. I agree with @Ryan Blake that I would tend to stay away from national players or even people that say they serve every market in Texas.
You want someone that lives close to the property to be able to check on things and actually SHOW the property. Not put a Rently box on it and allow self showings. Stuff like that puts you at huge risk.
One caution is don't just go for CHEAP. I can guarantee you will not be happy with them. Nobody likes their PM, but you'll hate the cheap ones and you will not get what you expect.
1 Reply
Preston Ward
Member since 2024 · 4 posts · 2 votes
1y
Quote from @Michael Smythe:

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.

Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.

Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

To avoid going through the same poor experience, keep reading.

Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.

In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.

It's often a case of not doing enough research, as they don't know what they don't know!

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.

EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean? What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.? You’d be shocked by how little actual screening many PMC’s do!

This also leads owners to ASSUME simpler is better when it comes to management contracts.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings. Why do you think purchase contracts are so long and have such small print?

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

P.S. If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general. Take ownership of your mistake and learn to do the proper due diligence recommended above😊

Well said @Michael Smythe !
0 Reply
Kyle MccawBusiness Member
Property Manager · Keller, TX · Member since 2011 · 1k+ posts · 1k+ votes
1y
@Shushyam Malige Sharanappa
I'm not going to recommend anyone for obvious reasons. But I will caution you to think real hard before hiring a frachise manager. Often times these are unexperienced managers that bought a franchise. Go with someone that has serious experience and a team that knows all the ins and outs of managing tenants, properties...and landlords.
McCaw Property Management4.4900 Reviews
Website View Page
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