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Fort Wayne, IN Property Management: Top 5 Options

Key takeaways

Fort Wayne, IN Property Management: Top 5 Options

Recently, Fort Wayne, IN has been named one of the top 10 markets to buy now and sell in 10 years to become rich. Meanwhile, investors can generate profit by renting out their Fort Wayne investment properties on a short-term or long-term basis.

Let Awning find the best property manager for your rental property. Simply fill out the form and Awning will find a property manager that provides the best rates and services for your property.

The 6 best property management companies in Fort Wayne, IN are:

How We Selected the Best Property Management Companies in Fort Wayne

When ranking the best property managers in a market, many different factors need to be taken into consideration to produce reliable, objective results.

In our selection of the top property management companies in Fort Wayne, we focused on:

  • Property management services: We selected property management companies that provide comprehensive, high-quality services so that investors can earn passive income.
  • Property management fees and charges: We made sure that ranked companies have clear startup and ongoing monthly fees, with no hidden charges.
  • Geographical coverage: We included property managers that work across the entire Fort Wayne rental market and surrounding areas.
  • Property type coverage: We chose companies that manage all kinds of residential properties listed on a short-term and long-term basis to cover the needs of all Fort Wayne real estate investors.
  • Company size and headquarters: We ranked both small, local property managers and large, national companies as each model of property management has its own benefits and drawbacks, and property owners should be able to choose their preferred style.
  • Balance between technology and human efforts: We ensured that property managers make use of the latest real estate technology to automate and optimize processes, without ignoring the need for human interventions in certain aspects of the rental business.
  • Online reviews on third-party websites: We checked the overall ratings and individual reviews by property owners and tenants on reputable websites.
  • Value for money: We selected the 6 Fort Wayne property management companies that bring the best value for money.

HomeRiver Group: Best Overall Property Management Company in Fort Wayne

HomeRiver Group is the leading, biggest third-party property management company for long-term rentals in the US market. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert started the company in 2016, with headquarters in New York, NY. At the moment, HomeRiver Group manages 40,000+ rental properties and 32,000+ homes within HOA communities in 32 states. The company has attained this large market coverage and portfolio by acquiring the top property manager in each market and turning them into partners. HomeRiver Group is the best overall property management company in Fort Wayne as they provide comprehensive services at competitive rates.

HomeRiver Group Property Management Services

The Fort Wayne office of HomeRiver Group provides full-service property management that includes:

  • Expert market analysis for maximum ROI
  • Property marketing and advertising
  • Extensive tenant screening
  • Move-in coordination
  • Rent collection
  • Owner payout disbursement
  • Routine property inspections
  • Property maintenance and repairs coordination
  • Accounting
  • Detailed financial reporting
  • Evictions

HomeRiver Group Property Management Locations

HomeRiver Group covers all areas of the Fort Wayne market.

HomeRiver Group Property Types

The Fort Wayne branch of HomeRiver Group manages single-family homes and small multifamily properties.

HomeRiver Group Property Management Costs

HomeRiver Group does not provide information about the property management fees that they charge in Fort Wayne. In other markets, the company’s fees are always competitive, comprising a mix of flat fees and percentages of monthly rent, in line with local trends in each city.

Like most other Fort Wayne, IN property management companies, HomeRiver Group charges a leasing fee, a monthly management fee, a lease renewal fee, and a property inspection fee.

HomeRiver Group Property Management Terms

The website of HomeRiver Group Fort Wayne does not discuss the terms of the local management agreement. The company usually works with initial contracts of 6 or 12 months, after which investors can switch to monthly agreements too.

HomeRiver Group Property Management Reviews

There are almost 200 online reviews of the work of HomeRiver Group in Fort Wayne that show mixed experiences.

You can find HomeRiver Group reviews specific to the Fort Wayne market on:

  • Google: Currently 3.5/5 stars based on 14 reviews

Positive reviews focus on the knowledge and professionalism, the quick responses to questions and maintenance issues, the impressive and impeccable team members, the outstanding and prompt staff, and the great communication. Negative reviews discuss problems with properties and absence of any communication.

How to Get Started with HomeRiver Group Property Management

To get started with the best overall property management company in Fort Wayne real estate investors can submit an online form via HomeRiver Group or call 415-610-7867.

260 Property Management: Best for Clear Pricing

260 Property Management is a local, full-service property management company working with single-family and multifamily rental homes and entire portfolios. Patrick Gillan founded the company, with headquarters in Fort Wayne, IN. The team aims to remove the burden of collecting rents, interacting with tenants, and enforcing lease terms and fees while maximizing income and protecting investors’ assets. 260 Property Management is the top property manager in Fort Wayne for clear pricing as they charge simple, straightforward fees.

260 Property Management Services

The services provided by 260 Property Management include:

  • Market rent analysis
  • Unit cleaning and prep
  • Property marketing and advertising
  • Showings
  • Tenant screening
  • Tenant placement
  • Lease agreement execution
  • Rent collection
  • Electronic owner funds distribution
  • Emergency calls
  • Maintenance and repairs via an in-house team and vendors
  • Liability coverage
  • Financial reporting

260 Property Management Locations

260 Property Management covers the entire Fort Wayne market.

260 Property Management Property Types

260 Property Management works with single-family and multifamily homes as well as entire rental property portfolios.

260 Property Management Costs

260 Property Management offers a single, full-service property management plan including the following costs:

  • Leasing fee: $450
  • Monthly management fee: 8%-10% of monthly rent

There are no additional fees other than the costs listed above. This makes 260 Property Management the best Fort Wayne property manager for clear, straightforward pricing.

260 Property Management Terms

260 Property Management does not specify the terms of the management agreement. Thus, interested investors need to get in touch with the team and ask for a copy to review diligently.

260 Property Management Reviews

There are no online reviews of 260 Property Management. We recommend that property owners try to connect with local investors who already work with this company and ask about their experiences before hiring 260 Property Management. If you invest remotely, you can check out real estate investing forums to find fellow investors in the Fort Wayne market.

How to Get Started with 260 Property Management

To get started with the best property management company in Fort Wayne for clear pricing, rental property owners can submit an online form via the 260 Property Management website or call 260-420-5730.

Capital Property Management, LLC: Best for Different Property Types

Capital Property Management, LLC is a local, full-service property management company serving the Greater Fort Wayne area. Fred Orr established the company in 2011, with headquarters in Fort Wayne, IN. The team strives to be the most trusted real estate management company in the local market by building lasting relationships with every customer. Capital Property Management is the top property management company in Fort Wayne for investors with diverse rental portfolios.

Capital Property Management, LLC Services

Capital Property Management covers:

  • Online listing on major rental websites including Zillow, Trulia, Rentals.com, Apartments.com, etc.
  • Targeting marketing including video walk-throughs, social media marketing, and SEO marketing
  • Leases
  • Rent collection
  • Owner rent proceeds direct deposit
  • Maintenance

Capital Property Management, LLC Locations

Capital Property Management operates in the Greater Fort Wayne area.

Capital Property Management, LLC Property Types

Capital Property Management takes care of single-family homes, condos, and apartment complexes. This diverse portfolio makes them the best Fort Wayne property management company for various types of long-term rental properties.

Capital Property Management, LLC Costs

Capital Property Management does not provide information about the pricing model, so property owners need to contact the team and ask about the property management fees to make sure they are competitive.

Capital Property Management, LLC Terms

Capital Property Management does not explain the details of the management contract. Thus, real estate investors should get in touch with them and ask for a copy that they can review.

Capital Property Management, LLC Reviews

More than 100 property owners and tenants have reviewed the work of Capital Property Management. Their reviews show average overall ratings.

You can find Capital Property Management, LLC reviews on:

  • Birdeye: Currently 3.6/5 stars based on 41 reviews
  • Google: Currently 3.7/5 stars based on 29 reviews
  • ChamberofCommerce.com: Currently 3.6/5 stars based on 28 reviews
  • Facebook: Currently 4.0/5 stars based on 11 reviews

Happy real estate investors and renters mention the amazing experiences, the fantastic services, the greatly maintained properties, the easy processes facilitated by technology, the communicative and supportive team members, the skills and courtesy of staff, the responsiveness, and the trustworthiness. Unhappy customers complain about property problems, misleading promises and practices, expensive fees, and lack of communication.

How to Get Started with Capital Property Management, LLC

To get started with the best property management company in Fort Wayne for different property types, landlords can fill in an online form on the Capital Property Management, LLC website or call 260-422-1455.

AG Rentals & Management: Best for Innovative Technology

AG Rentals & Management is a local, award-winning, full-service property management company. Ed Averalo started the company in 2018, with headquarters in Fort Wayne, IN. The team strives to make investment properties as profitable as possible and to protect the pride of ownership. AG Rentals & Management is the best property managers in Fort Wayne for innovative technology as they use technology for the automation and improvement of all relevant processes.

AG Rentals & Management Property Management Services

AG Rentals & Management delivers the following services:

  • Digital and print marketing and advertising
  • Careful tenant screening
  • Lease signing
  • Rent collection
  • Owner payout disbursement
  • Tenant relations and communication
  • Regular inspections
  • Maintenance coordination
  • Owner communication
  • Financial reporting
  • Monthly statements
  • Year-end tax statements

For all processes, AG Rentals & Management uses cutting-edge, innovative technology to automate and improve property management. This allows the company to interact more easily and more efficiently with both property owners and tenants.

AG Rentals & Management Property Management Locations

AG Rentals & Management works in:

  • Fort Wayne
  • Huntington

AG Rentals & Management Property Types

AG Rentals & Management manages single-family homes, studios, and apartments.

AG Rentals & Management Property Management Costs

The AG Rentals & Management website does not explain the structure and size of the property management fees, so interested landlords need to talk to the team to get this information.

AG Rentals & Management Property Management Terms

AG Rentals & Management does not provide a copy of the property management contract, so investors need to ask for it.

AG Rentals & Management Property Management Reviews

Over 300 real estate investors and tenants have reviewed the services of AG Rentals & Management on third-party websites. Their reviews show mixed experiences.

You can find AG Rentals & Management reviews on:

  • Birdeye: Currently 3.6/5 stars based on 159 reviews
  • Google: Currently 3.6/5 stars based on 145 reviews
  • Facebook: Currently 4.8/5 stars based on 44 reviews
  • Yelp: Currently 5.0/5 stars based on 3 reviews

Positive reviews talk about the quality services, the excellent work, the seamless processes, the quick responses to maintenance requests, the friendly and professional maintenance workers, the helpful staff going above and beyond, the great customer service, and the efficient communication. Negative reviews focus on unethical practices, poorly maintained properties, lack of professionalism, rude team members, and bad communication skills.

How to Get Started with AG Rentals & Management Property Management

To get started with the best property management company in Fort Wayne for innovative technology, property owners can submit an online form via the AG Rentals & Management website or call 260-206-6948.

Select Property Management: Best for Rehab Services

Select Property Management is a local, premier, full-service property management company working with higher-end single-family homes, condos, and multifamily properties in Fort Wayne. Vince Brown launched the company in 2015, with headquarters in Fort Wayne, IN. The team aims to make a positive impact on the lives of clients, residents, and the community by delivering the highest-quality property management services and staying on top of industry trends and technology. Select Property Management is the top Fort Wayne property management company for rehab services as they help get fixer uppers ready to rent with expert project coordination and a preferred network of skilled professionals.

Select Property Management Services

Select Property Management covers the following services:

  • Custom rental analysis
  • Make-ready project management including rehab and cleaning
  • Property marketing and advertising including high-quality photos and video virtual tour
  • 12-point tenant screening including income and employment verification, credit check, landlord verification, eviction check, public records, criminal check, bankruptcy check, credit history, and pet verification
  • Pet screening
  • Lease preparation and signing
  • Move-in condition documentation
  • Move-in coordination
  • Utility transfer
  • Lease enforcement
  • HOA communication
  • Annual property inspections
  • Rent collection
  • ACH owner payments
  • 24/7 maintenance service
  • Maintenance coordination
  • Financial reporting
  • Monthly owner statements
  • Year-end tax statements
  • Eviction services

In addition, Select Property Management offers important guarantees to Fort Wayne landlords, including:

  • Resident Placement Guarantee: The company will release a property for free if a tenant placed by them breaks the lease in the first 12 months.
  • Rent Deposit Guarantee: The property manager deposits the owner payouts by the 10th of each month.
  • Management Fee Guarantee: Property owners pay management fees only if rent is successfully collected.
  • Leasing Fee Guarantee: Real estate investors don’t pay the leasing fee until a lease has been signed and the resident has paid.
  • Response Time Guarantee: Select Property Management responds to all communication within 24 business hours.
  • 30 Day Contract Guarantee: The company works with month-to-month management agreements, and owners are free to cancel at any point, with no termination fees.
  • Legal Compliance Guarantee: The lease agreement is reviewed and approved by a top Indiana law firm, confirming compliance with all applicable laws.

Select Property Management Locations

Select Property Management operates across the entire Fort Wayne rental market.

Select Property Management Property Types

Select Property Management works with single-family homes, condos, and multifamily properties rented out for 12 to 24 months.

Select Property Management Costs

Select Property Management offers 2 service packages, including both leasing only and full-service management options. The prices are as follows:

Leasing Only: This plan covers everything needed to place tenants at a property.

  • Leasing fee: One month’s rent

Premium Leasing & Management Package: This plan covers everything in Leasing Only plus all the services needed to run a long-term rental property business.

  • Leasing fee: One month’s rent
  • Monthly management fee: Starting at 9% of monthly rent
  • Lease renewal fee: $200
  • Maintenance coordination: 10% markup
  • Annual property inspection: $75

Select Property Management Terms

Select Property Management says that it is the only Indiana property management company working with month-to-month management contracts. Under the 30 Day Contract Guarantee, property owners can cancel services at any time, without penalty fees.

Select Property Management Reviews

Over 200 landlords and tenants have written online reviews of the services delivered by Select Property Management. Their reviews reveal average overall ratings.

You can find Select Property Management reviews on:

  • Birdeye: Currently 3.9/5 stars based on 131 reviews
  • Google: Currently 3.9/5 stars based on 125 reviews
  • Yelp: Currently 1.6/5 stars based on 5 reviews
  • BBB.org: Currently 1.5/5 stars based on 2 reviews

Happy property owners and renters praise the quick and easy processes, the low vacancies, the timely handling of maintenance issues, the prompt responses to all questions and problems, the comprehensive documentation, the regular updates, the respectful and helpful staff that always goes the extra mile, and the professional and responsive team. Unhappy customers write about dirty, disgusting properties, lack of access to clean water, frequent rent increases, and unprofessional practices.

How to Get Started with Select Property Management

To get started with the best property management company in Fort Wayne for rehab services, rental property investors can fill in an online form on the Select Property Management website or call 260-702-3636.

Takeaway

These are the 6 best property management companies in Fort Wayne, IN. HomeRiver Group and Awning are the top property managers for long-term and short-term rentals, respectively. 260 Property Management has the most straightforward pricing model, while Select Property Management offers the most comprehensive rehab services. Investors with diverse rental portfolios can check out Capital Property Management, LLC, and those who want to benefit from innovative technology should consider AG Rentals & Management.

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