The Tulsa real estate market is a good place to invest in rental properties in 2023. The large population, the diverse economy, the high ratio of renters, and the local program aimed at attracting migration comprise the main drivers behind the profitability of long-term rental properties. At the same time, the various and multiple local attractions bring short-term visitors year-round. Another important factor is the affordable property prices which are significantly below the national average levels.
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 5 best property management companies in Tulsa are:
- HomeRiver Group: Best Overall Property Management Company in Tulsa
- Atlas Property Management: Best for Single-Family Homes and Apartments
- Robbie Scott Property Management Leasing & Sales: Best for Different Property Types
- Keyrenter Property Management: Best for Mixed Rental Portfolios
- Renters Place: Best for Landlord Protections
How We Selected the Best Property Management Companies in Tulsa
When looking for the top property management companies in a market, one should focus on multiple criteria and factors to provide comprehensive, reliable, and objective results.
In our selection of the best Tulsa property managers, we considered the following:
- Property management services: We analyzed the quantity and quality of services provided by various Tulsa property management companies to ensure passive income and optimized results for landlords.
- Property management fees and costs: We included property managers that have clear, straightforward pricing structures, with no hidden fees and that charge competitive prices.
- Market coverage: We focused on companies that are able to work across the entire Tulsa market and all surrounding areas.
- Property types coverage: We ranked property managers working with both short-term and long-term rentals of different types to make sure that we meet the needs of all residential real estate property investors in the Tulsa market.
- Company size and coverage: We chose both small, local and large, national property management companies as each property management model comes with its own pros and cons and investors should be able to choose.
- Use of technology: We took into consideration whether property managers use the latest real estate technology to automate processes, while using the human touch where it’s needed.
- Online reviews on third-party websites: We accounted for the overall ratings of property management companies on third-party websites as well as individual reviews by both property owners and tenants to identify the main advantages and disadvantages of each property manager.
- Value for money: At the end, we ranked the 6 companies that provide the best value for money in the Tulsa rental market.
HomeRiver Group: Best Overall Property Management Company in Tulsa
HomeRiver Group is the largest third-party property management company covering multiple cities in 32 US states. John Hirschfeld, Andrew Propst, Doug Dale, and Joshua Bangert established the company in 2016, with headquarters in New York, NY. The company has achieved nationwide coverage by acquiring the best local property managers and turning them into partners. At the moment, HomeRiver Group manages 40,000+ rental homes and 32,000+ properties within HOA communities across the US. This is the best Tulsa property manager for long-term rentals as they provide full-service management at competitive prices.
HomeRiver Group Property Management Services
HomeRiver Group delivers the following property management services in the Tulsa rental market:
- Expert market analysis
- Property marketing
- Extensive tenant screening
- Rent collection
- Owner payout disbursement
- Routine inspections
- Property maintenance and repairs
- Accounting
- Detailed financial reporting
- Evictions
- Remodeling and rehab works
HomeRiver Group Property Management Locations
In the Tulsa real estate market, HomeRiver Group covers the following areas:
- Bixby
- Broken Arrow
- Cleveland
- Collinsville
- Coweta
- Glenpool
- Jenks
- Owasso
- Tulsa
HomeRiver Group Property Types
The Tulsa office of HomeRiver Group manages single-family homes and small multifamily properties.
HomeRiver Group Property Management Costs
The website of the Tulsa branch of HomeRiver Group does not provide details on the pricing structure. In other US markets, HomeRiver Group implements a mix of flat fees and percentages of rental income to reflect local trends. Their property management fees are always competitive.
In addition to the monthly fee, real estate investors usually need to pay a leasing fee, lease renewal fees, property inspection fees, and HVAC tune-up fees.
HomeRiver Group Property Management Terms
HomeRiver Group Tulsa does not supply a copy of the property management agreement. In most markets, the company asks property owners to sign a 6- or 12-month agreement. After that, monthly contracts are available too.
HomeRiver Group Property Management Reviews
More than 500 property owners and renters have reviewed the services provided by the Tulsa branch of HomeRiver Group. Their reviews reveal mixed experiences.
Happy landlords and tenants highlight the top-notch services, the quick and easy processes, the comprehensive responses to questions and concerns, the helpful and always available local team members, and the outstanding communication. Unhappy customers talk about slow handling of maintenance work, lack of interest in the needs of customers, ridiculous fees, and inability to connect with a customer service representative.
How to Get Started with HomeRiver Group Property Management
To get started with the best overall property management company real estate investors can submit an online form via HomeRiver Group or call 415-727-5832.
Atlas Property Management: Best for Single-Family Homes and Apartments
Atlas Property Management is a local full-service rental property manager covering the Tulsa and Broken Arrow areas. The company was founded in 2002, with headquarters in Broken Arrow, OK. The team excels at minimizing costs and maximizing profit while maintaining updated, modern, well-managed homes and apartments. This is achieved by retaining an in-house team of 20 maintenance employees. Atlas Property Management works with different types of residential properties, but they specialize in the management of single-family homes and apartment complexes, offering competitive prices.
Atlas Property Management Services
Atlas Property Management provides comprehensive services to Tulsa landlords including:
- Leasing
- Liability insurance (with a 10% discount)
- Access to AppFolio software for automation through online payments
- Quarterly inspections for water leaks and other waste
- Qualified maintenance at reduced costs including plumbing, HVAC, and others
- Financial reporting
- Help with tax preparation
The Atlas team provides various discounts while also working to reduce waste, which helps investors save money when hiring this Tulsa property manager.
Atlas Property Management Locations
Atlas Property Management operates across the entire Tulsa market and the surrounding metroplex areas.
Atlas Property Management Property Types
Atlas focuses on the management of single-family homes and apartment complexes rented out on a monthly/annual basis. They also work with townhouses, duplexes, and other properties.
Atlas Property Management Costs
Atlas has 2 property management service pricing packages, which depend on the type of property:
Single-Family Home Management
- Monthly management fee: 9% of gross income
- Leasing fee: 75% of one month’s rent
- Plumbing: $75/hour
- HVAC: $65/hour
- Furnace/AC: At wholesale price
- Freon: At wholesale price
- Parts for maintenance: At wholesale price
Apartment Management
- Monthly management fee: 4%-5% of gross income
Atlas Property Management Terms
Atlas does not discuss the terms of the property management agreement that owners need to sign. Thus, interested investors need to contact the company and ask for a copy of the contract to review carefully before making a final decision if this is the best property manager in the Tulsa market for their needs.
Atlas Property Management Reviews
There are around 40 online reviews of the property management services provided by Atlas. These reviews show mixed experiences.
You can find Atlas Property Management reviews on:
- Google: Currently 4.3/5 stars based on 37 reviews
- Facebook: Currently 3.0/5 stars based on 7 reviews
Happy property owners and renters praise the clean and regularly updated properties, the prompt handling of any issues that arise, the friendly and enjoyable environment, the welcoming staff that listens, the affordable prices, and the great customer service. Unhappy customers complain about rundown rentals, bad neighbors, rude staff not following guidelines, and employees’ passive aggressive attitude.
How to Get Started with Atlas Property Management
To get started with the best property management company in Tulsa for single-family homes and apartments, real estate investors can submit an online form via the Atlas Property Management website.
Robbie Scott Property Management Leasing & Sales: Best for Different Property Types
Robbie Scott Property Management Leasing & Sales is a Tulsa-based property manager offering comprehensive services in the local market. Robbie Scott established the company in 2012, with headquarters in Tulsa, OK. The company goal is to provide maximum income to owners by controlling expenses, achieving optimal rental rates, and screening tenants to get the most qualified renters. The comprehensive services and the clear pricing model make Robbie Scott Property Management Leasing & Sales the top property manager for diverse property types in Tulsa.
Robbie Scott Property Management Leasing & Sales Services
The full-service management delivered by Robbie Scott Property Management Leasing & Sales Services includes:
- Advice on market rental value
- Making properties ready for move-in
- Property marketing and advertising
- Tenant screening including credit report, employment verification, and rental history
- Professional lease preparation
- Assistance in lease negotiations
- Rent collection
- Late notices
- Direct deposits to owners
- Property inspections upon owner’s request
- Emergency calls
- Maintenance repairs arrangement
- Monthly accounting
- Filing evictions to recover possession
Robbie Scott Property Management Leasing & Sales Locations
Robbie Scott Property Management Leasing & Sales covers all of Tulsa and the surrounding areas.
Robbie Scott Property Management Leasing & Sales Property Types
Robbie Scott Property Management Leasing & Sales works with various types of residential properties in the Tulsa market including single-family homes, condos, and duplexes. This diversity makes them the best Tulsa property manager for different property types.
Robbie Scott Property Management Leasing & Sales Costs
Robbie Scott Property Management Leasing & Sales charges:
- Monthly management fee: 10% of monthly rent
- Leasing fee: 75% of one month’s rent
- Lease renewal fee: 75% of one month’s rent
Robbie Scott Property Management Leasing & Sales Terms
The website of Robbie Scott Property Management Leasing & Sales does not provide a copy of the management contract that investors need to sign. Interested landlords should get in touch with the team and ask for a copy to know exactly how easy or not it is to opt out of the agreement.
Robbie Scott Property Management Leasing & Sales Reviews
More than 70 landlords and renters have reviewed Robbie Scott Property Management Leasing & Sales on third-party websites. Their reviews reveal generally positive experiences.
You can find Robbie Scott Property Management Leasing & Sales reviews on:
- Birdeye: Currently 4.1/5 stars based on 42 reviews
- Google: Currently 4.4/5 stars based on 33 reviews
- Yellow Pages: Currently 2.0/5 stars based on 4 reviews
Positive reviews focus on the easy and pleasant processes, the full completion of all work and tasks, the timely handling of all requests, the hard work and dedication of the staff, the extremely helpful and very professional team members, the interaction, and the amazing communication. Negative reviews discuss high pet fees, rude and condescending staff, and lack of proper communication skills.
How to Get Started with Robbie Scott Property Management Leasing & Sales
To get started with the best property management company in Tulsa for different property types, landlords can fill in an online form on the Robbie Scott Property Management Leasing & Sales website or call 918-764-9522.
Keyrenter Property Management: Best for Mixed Rental Portfolios
Keyrenter Property Management is a large, national property management company working through a network of local independent franchises. Aaron Marshall and Nate Tew created the company in 2007, with headquarters in Midvale, UT. The Tulsa office of Keyrenter provides full-service property management services and charges competitive prices, while working with different types of residential properties. All this makes them the best large-scale property manager in the Tulsa rental market.
Keyrenter Property Management Services
The Tulsa office of Keyrenter provides the following property management services:
- Marketing
- Tenant screening including credit history, employment history, and criminal background
- Lease agreement preparation
- Rent collection
- Tenant management
- Electronic payments to owners
- 24/7 emergency response
- Fielding tenant requests
- Property inspections
- Routine maintenance services
- Streamlining maintenance repairs
- Owner statements
- Year-end tax filing
- Posting of legal notices
- Overseeing evictions
Keyrenter Property Management Locations
The Keyrenter Property Management services are available in the following markets:
- Bixby
- Broken Arrow
- Claremore
- Collinsville
- Coweta
- Glenpool
- Jenks
- Owasso
- Sand Springs
- Sapulpa
- Skiatook
- Tulsa: Bolewood, Brady Heights, Brookside, Charlane Estates, Cherry Street, Florence Park, Kendall Whittier, Maple Ridge, Maple Ridge North, Midtown Tulsa, Northside, Pearl District, Ranch Acres, Route 66, and Whiteside
- Wagoner
Keyrenter Property Management Property Types
The Tulsa team of Keyrenter manages all types of residential properties including single-family homes, condos, duplexes, triplexes, fourplexes, boutique multifamily properties, and large multifamily buildings.
Keyrenter Property Management Costs
Keyrenter Property Management Tulsa has 3 different plans depending on the property type:
Monthly Management: This plan includes all the services needed to fully manage a single-family home.
- 1-2 properties: 10% of monthly rent for a minimum of $75
- 3-10 properties: 8% of monthly rent for a minimum of $65
- 11+ properties: 7% of monthly rent for a minimum of $65
Boutique Multi-Family: This plan includes all management services plus on-site property management a few times a week and preferential pricing for nighttime security drive-through services (if needed).
- Monthly management fee: 8%-10% of monthly rent
- Leasing fee: $295
Large Multi-Family: This plan includes full-service property management plus on-site property management, full-time maintenance staff, and preferential pricing for nighttime security drive-through services (if needed).
- Monthly management fee: 4% of monthly rent
Keyrenter Property Management Terms
The Tulsa office of Keyrenter Property Management does not offer a copy of the agreement that investors need to sign, so they need to contact the branch to ask for it.
Keyrenter Property Management Reviews
There are over 1,500 online reviews of the services provided by the Tulsa branch of Keyrenter Property Management. They show very positive overall ratings.
You can find Keyrenter Property Management Tulsa reviews on:
- Birdeye: Currently 4.6/5 stars based on 812 reviews
- Google: Currently 4.6/5 stars based on 681 reviews
- Facebook: Currently 3.2/5 stars based on 52 reviews
- BBB.org: Currently 1.0/5 stars based on 2 reviews
Satisfied landlords and tenants talk about the exceptional services, the streamlined processes, the professional and prompt addressing of issues, the good maintenance work, the attention to detail, and the helpful and diligent staff members. Dissatisfied customers mention low-quality maintenance, delayed responses to requests, unexpected charges, horrible customer service, and terrible communication practices.
How to Get Started with Keyrenter Property Management
To get started with the best large-scale property management company in Tulsa, property owners can submit an online form via the website of the Tulsa office of Keyrenter Property Management or call 918-351-7000.
Renters Place: Best for Landlord Protections
Renters Place is a Tulsa-based property management company working across the Tulsa rental market. In their work, the company focuses on a culture based on service, focus, attitude, trust, work, change, and fun. Renters Place provides full-service property management to different types of rental properties, charging flat fees, which allows for a clear, transparent pricing model. This is the best Tulsa property management company for guarantees for property owners as it provides more protections than other local companies.
Renters Place Property Management Services
The property management services covered by Renters Place include:
- Property analysis and industry-best rent analysis
- 7-point property marketing and advertising on the Renters Place website, the MLS, national websites, and social media
- Property viewings and showings
- 15-point quality tenant screening including employment, rental history, criminal check, credit check, eviction history, and criminal background
- Move-in and move-out inspections
- Professional customized lease preparation, signing, execution, and renewal
- Property insurance and tenants insurance
- Rent collection
- Handling tenant calls and issues
- 24/7 maintenance
- Biannual preventive maintenance inspections
- Maintenance repairs
- Turnovers
- Accounting
- Financial reporting
In addition to the comprehensive property management services, Renters Place also offers more protections and guarantees for property owners than other best property management companies in Tulsa. These include:
- Happiness Guarantee: Property owners can cancel services at any time with a 60-day written notice, with no penalty fees.
- Insurance Protection: The Landlord Protection covers up to $100,000 in tenant-caused property damage liability.
- Lease Guarantee: Renters Place will lease a property at no charge if a tenant placed by them does not complete the first 9 months of the lease agreement so that owners never have to pay a leasing fee twice in a year.
- Results Guarantee: The property manager does not get paid until a tenant moves into the property.
- Pet Service: The property management company will cover up to $500 in pet damage above the security deposit for approved pets.
- Maintenance Guarantee: Renters Place will fix problems that arise with their maintenance work within 90 days at no additional cost.
Renters Place Property Management Locations
Renters Place operates in the following markets:
- Bixby
- Broken Arrow
- Edmond
- Glenpool
- Jenks
- Moore
- Norman
- Oklahoma City
- Owasso
- Tulsa
Renters Place Property Types
Renters Place works with single-family homes, condos, duplexes, and small multifamily complexes rented out on an annual basis.
Renters Place Property Management Costs
With Renters Place, Tulsa real estate investors can choose between 2 different packages that are charged as flat fees:
Pro: This plan includes all the services that are needed to run a long-term rental business, with some additional charges.
- Monthly management fee: $95
- Leasing fee: $600
- Lease renewal fee: $250
- Preventive maintenance inspection: $250/year
Premium: This plan includes everything in Pro with no additional charges.
- Monthly management fee: $165
Renters Place Property Management Terms
Property owners can cancel the property management agreement with a 60-day written notice.
Renters Place Property Management Reviews
More than 800 rental property investors and tenants have written online reviews of the services provided by Renters Place. These reviews reveal very positive overall experiences.
You can find Renters Place reviews on:
- Google: Currently 4.4/5 stars based on 360 reviews
- Birdeye: Currently 4.3/5 stars based on 301 reviews
- Facebook: Currently 4.4/5 stars based on 110 reviews
- Yelp: Currently 1.5/5 stars based on 11 reviews
- BBB.org: Currently 1.0/5 stars based on 3 reviews
Positive reviews focus on the awesome and thorough services, the easy processes, the professionalism and knowledge of the staff, the quick and efficient inspections, and the polite and punctual team members. Negative reviews mention overly automated processes, sluggish responses to maintenance requests, excessive charges, and lack of proper communication.
How to Get Started with Renters Place Property Management
To get started with the best property management company in Tulsa for landlord protections and guarantees, property owners can fill in an online form on the Renters Place website or call 918-205-4857.
Takeaway
Investors looking for profitable, yet affordable rental property opportunities in 2023 should consider Tulsa. With these 6 best property management companies, real estate investors can easily achieve passive income. The best property managers for long-term and short-term rentals in Tulsa, OK are HomeRiver Group and Awning, respectively. Atlas Property Management could be a good fit for investors focusing on single-family homes and apartments, while Robbie Scott Property Management Leasing & Sales could work out for investors with diverse portfolios. Owners who prefer to work with a large national company can check out Keyrenter Property Management, and those who value protections and guarantees should consider Renters Place.