Property Management in Lexington, KY
Top Rated By Gartner
"I want to know what's going on, but I don't want to be on call 24/7. This works perfectly!"
Sonia, 5 rentals
Talk to a Lexington property management specialist
Services start at $40/month
Hemlane will save you money, time and hassle on your Lexington property
100% rent direct
to you
Full transparency and control with your financials and Kentucky rental income
70% time
savings
Let us automate your workflow and operations
24/7 repair
coordination
Local Lexington support while you monitor your property management from anywhere
How Hemlane property management software and services work in Lexington, KY
You control your management while we take care of local and admin tasks.
Get matched to
a Lexington agent
Find qualified
tenants
Manage on
Hemlane
24/7 maintenance and
repair coordination
Hemlane is rated #1 amongst property management companies in Lexington
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Meet our top Kentucky leasing agents
My Name is Kaysie Massie, I am a full time stay at home mom and also manage 52 and counting units full time. My husband and I have been married for 7 years and we have two amazing kids. We love to travel the world and have been itching to get back out there ever since COVID-19 hit. We love what we do with a passion and love getting to know each and... See more
Benjamin loves walks on the beach and giving back to the community! He started working at All Homes Matter in 2015, a one-stop-shop that can repair and remodel your home to better than new condition. All Homes Matter is a business that Designs, Constructs, and Builds. For all your project needs, we can handle the design, estimates, construction, an... See more
Lexington is the second-largest city in Kentucky and the county seat of Fayette County. Located in the Bluegrass region of the state, it has a population of 321,959. Lexington was founded in 1775, making it one of the oldest cities in the United States. It is known as the "Horse Capital of the World" and is home to the Kentucky Horse Park, the Kentucky Derby, and Keeneland Racecourse. The University of Kentucky, Transylvania University, and Bluegrass Community and Technical College also call Lexington home.
The average property management fee for rental properties range from 8% to 12% of the monthly rental income. For instance, if your rental property’s monthly rent is $2,000, the management fee would typically range from $160 to $240 per month. With a property management software, like Hemlane, you can manage your rentals for as little as $40/month.
Many property management firms typically charge a monthly fee ranging from 8% to 12% of the rent they collect. Some may charge less or more, but the average hovers around 10%.
A property management company is responsible for overseeing various aspects of rental properties on behalf of property owners. Their responsibilities generally include: marketing and advertising, screening potential tenants, drafting and renewing leases, tenant move-in and routine property inspections, tenant communication, rent collection, maintenance and repairs, and financial management. With Hemlane, you get 90% of what a property manager does at a fraction of the price. From advertising, maintenance coordination, rent processing, and eviction support.
A property management software are applications designed to assist landlords and property managers in automating their back-office tasks, financial operations and administrative procedures. This includes monitoring maintenance requests, document storage, providing an online tenant portal, processing rent payments, and more.
The main benefits of a property management softwares are to reduce costs and promote growth by automating the day-to-day administrative tasks. Here are some ways this is done: providing an easy way to monitor maintenance, streamlining accounting and payments, and automating tenant communication.