Property Management in Potomac, MD

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 Sonia, 5 rentals

by 2,038 owners like you

Talk to a Potomac property management specialist

Services start at $40/month

Hemlane will save you money, time and hassle on your Potomac property

100% rent direct
to you

Full transparency and control with your financials and Maryland rental income

70% time
savings

Let us automate your workflow and operations

24/7 repair
coordination

Local Potomac support while you monitor your property management from anywhere

How Hemlane property management software and services work in Potomac, MD

You control your management while we take care of local and admin tasks.

Get matched to
a Potomac agent

Two people connected

Find qualified
tenants

Magnifying glass viewing people

Manage on
Hemlane

Person on beanbag chair using laptop

24/7 maintenance and
repair coordination

Service workers
Features
Rental advertising
Prospective tenant tracking
Applications & screening
Lease contracts & on-call advice
Lease management
Financials & online rent
Maintenance & repair
24/7 repair coordination
Move out inspection
Turnover repair coordination
Property showings
Reviewing applicants
Move in inspection
Lease preparation
Annual inspection

Hemlane is rated #1 amongst property management companies in Potomac

Don't just take our word for it

4.8-star review

4.8-star user reviews on
Capterra, Getapp, Software Advice

Hemlane significantly facilitates the expansion of my property portfolio.
David B.
David B.
9 rentals
Hemlane provides excellent affordable property management solutions to real estate owner
Karen X.
Karen X.
4 rentals
I could not have kept costs down and realized additional revenue without Hemlane!
Ini B.
Ini O.
2 rentals
This product is a great value & comes with excellent customer service & communication!
Paul L.
Paul L.
35 rentals

Meet our top Maryland leasing agents

Richard Pearrell, eXp Realty
Richard Pearrell
eXp Realty
License #SP200203653 (DC), #681361 (MD), #0225243986 (VA), #SL3461026 (FL)
Leasing
13 years
Real Estate
5 years

Richard has short-term and long-term rentals in multiple states and loves traveling and building long-term relationships along the way! Richard spent much of his career advising high-net-worth clients in Relationship Banking, retirement counseling, investments, and insurance. He is committed to applying his holistic approach and high level of con... See more

Property management in Potomac, Maryland FAQs

Potomac is a city in Montgomery County, Maryland. The city's population was 4,224 at the 2010 census. Potomac is located in the Washington metropolitan area. The city is home to a number of affluent neighborhoods and communities. The city is also home to the U.S. headquarters of the World Bank.

Answers to your Questions

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.