Albuquerque, NM Property Management: Top 5 Options

Albuquerque, NM can be a great place to buy a rental property if you’re looking for a location away from the traditional, most popular real estate investment markets. The city offers property prices comparable to the national averages, with a strong potential for long-term appreciation.

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 Albuquerque, NM are:

• HomeRiver Group: Best Overall Property Management Company in Albuquerque
• Blue Door Realty: Best for Single-Family Homes and Condos
• AIM Properties: Best for Affordability
• Tyson Property Management: Best for Flexibility
• Rent Builder Property Management: Best for Landlord Guarantees

How We Selected the Best Property Management Companies in Albuquerque

Ranking the best property managers in a market requires taking into consideration multiple factors in order to get objective, reliable results.

In our selection of the top property managers in Albuquerque, we focused on the following indicators:

• Property management services: We chose companies that provide comprehensive, high-quality property management services that allow owners to boost income in a passive manner.
• Property management fees and charges: We ranked property managers with clear, transparent pricing structures, with competitive fees and no hidden charges.
• Rental market coverage: We selected companies that cover the entire Albuquerque market and all surrounding areas.
• Rental property type coverage: We focused on companies that work with different types of residential properties, rented out on a short-term and long-term basis to ensure that we cover the needs of all Albuquerque real estate investors.
• Company size and headquarters: We selected both small-scale, local property managers and large-scale, national property management companies as each model offers different advantages and disadvantages.
• Use of technology and human interventions: We looked for companies that benefit from available technologies to optimize processes without forgetting about the importance of human efforts in the property management business.
• Online reviews on third-party websites: We looked at the overall ratings of short-listed companies on reputable websites and also read through individual reviews by property owners and renters to make sure that property managers deliver the promises they make on their websites.
• Value for money: Ultimately, we included the 6 property management companies that offer the best value for money in the Albuquerque market.

HomeRiver Group: Best Overall Property Management Company in Albuquerque

HomeRiver Group is the biggest third-party property manager of 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. The company has been present in the Albuquerque market since 2021 after the acquisition of Absolute Property Management. At the moment, HomeRiver Group manages more than 40,000 rentals and over 32,000 homes within HOA communities in 32 US states. They have achieved this wide coverage by acquiring the top property management company in each location and turning them into partners. HomeRiver Group is the absolute best property manager in Albuquerque for delivering comprehensive services at competitive rates.

HomeRiver Group Property Management Services

The Albuquerque office of HomeRiver Group covers:

• Property-specific expert rental market analysis for maximum return on investment
• Marketing and advertising
• Extensive tenant screening
• Move-in coordination
• Rent collection
• Owner earnings disbursement
• Routine inspections
• Maintenance work and repairs
• Accounting
• Detailed financial reporting
• Evictions

HomeRiver Group Property Management Locations

HomeRiver Group operates in the following areas in and around Albuquerque:

• Albuquerque
• Bernalillo
• Corrales
• Los Lunas
• Rio Rancho

HomeRiver Group Property Types

The Albuquerque branch of HomeRiver Group handles both single-family and multifamily properties.

HomeRiver Group Property Management Costs

The website of the local office does not provide information on the pricing of property management services in Albuquerque. In other markets, HomeRiver Group property management fees are highly competitive, comprising a mix of flat fees and percentages of rental income, in line with trends in each location.

In addition to a monthly fee, real estate investors usually need to pay a leasing fee, a lease renewal fee, and an inspection fee.

HomeRiver Group Property Management Terms

HomeRiver Group does not supply the terms of the management agreement pertinent to the Albuquerque market. In general, the company asks property owners to sign an initial contract of 6 or 12 months, after which month-to-month options become available too.

HomeRiver Group Property Management Reviews

More than 500 Albuquerque property owners and tenants have reviewed the services delivered by HomeRiver Group. Their reviews show excellent overall ratings.

You can find HomeRiver Group reviews relevant to their work in Albuquerque on:

• Birdeye: Currently 4.3/5 stars based on 173 reviews
• Google: Currently 4.3/5 stars based on 169 reviews
• ChamberofCommerce.com: Currently 4.3/5 stars based on 169 reviews

Happy landlords and renters emphasize the great experiences, the fantastic services, the high level of care, the quick responses to emergency issues at all times, the trustworthy and knowledgeable employees, the friendly and always prompt team, and the above-and-beyond customer service. Unhappy customers discuss poorly maintained appliances, neglecting maintenance requests, lack of care for customers’ needs, and zero communication.

How to Get Started with HomeRiver Group Property Management

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

Blue Door Realty: Best for Single-Family Homes and Condos

Blue Door Realty is a local, full-service property management company specializing in working with single-family homes and condos rented out on an annual basis. Melanie and Paul McLaughlin started the company in 2010, with headquarters in Rio Rancho, NM. The team aims to deliver technology-based, professional property management with a personal touch to stand out from large, impersonal, national companies. Blue Door Realty is the top Albuquerque property manager for single-family homes and condos as it offers multiple service packages for these types of properties.

Blue Door Realty Property Management Services

Blue Door Realty provides the following comprehensive services:

• Property marketing on 100+ websites including the MLS, Zillow, Trulia, and Realtor.com
• Showings
• 6-point tenant screening including local and national criminal databases, credit score and history, eviction history, employment verification, and rental history check
• Rent collection
• Owner funds disbursement
• Compliance with local, state, and federal laws
• Inside and outside property inspections
• Maintenance coordination via a list of vetted, licensed, insured vendors
• Accounting
• Financial reporting
• 1099s
• Evictions

Blue Door Realty Property Management Locations

The Blue Door Realty property management services are available in:

• Albuquerque
• Bernalillo
• Corrales
• Placitas
• Rio Rancho

Blue Door Realty Property Types

Blue Door Realty specializes in the management of single-family homes and condos. This focus makes them the best property manager in Albuquerque for these types of long-term rental properties.

Blue Door Realty Property Management Costs

Blue Door Realty offers 3 different property management service packages as well as a lease only option. The plans include:

Silver Plan: This plan covers all the basic tasks needed to run a long-term rental property business.

• Leasing fee: $750
• Monthly management fee: 10% of monthly rent
• Lease renewal fee: $75
• Professional photos: $100/each
• Marketing video: $75/each
• Additional interior inspection: $50/inspection
• 4 exterior inspections per year: $10/inspection
• Routine repairs/home warranty: $10/occurrence
• Overseeing insurance claims: $100/occurrence
• Arranging access for third-parties: $50/visit
• SureVestor landlord protection: $315-$395/year
• Move-out video: $50/each
• Eviction services: $100/occurrence

Gold Plan: This plan covers everything in Silver Plan plus an additional interior inspection, 4 exterior inspections per year, routine repairs/home warranty, overseeing insurance claims, and eviction services.

• Leasing fee: $500
• Monthly management fee: 12% of monthly rent
• Lease renewal fee: $75
• Professional photos: $100/each
• Marketing video: $75/each
• Arranging access for third-parties: $50/visit
• SureVestor landlord protection: $315-$395/year
• Move-out video: $50/each

Platinum Plan: This plan covers everything in Gold Plan plus professional photos, marketing video, SureVestor landlord protection, arranging access for third-parties, and move-out video.

• Leasing fee: $300
• Monthly management fee: 15% of monthly rent

With Blue Door Realty, property owners can choose between more service packages than with other Albuquerque rental property management companies.

Blue Door Realty Property Management Terms

Blue Door Realty does not provide information about the property management agreement that investors need to sign. Thus, interested landlords should get in touch with the team and ask for a copy that they can review before making a decision.

Blue Door Realty Property Management Reviews

There are more than 300 online reviews of the work of Blue Door Realty on third-party websites. They show mixed experiences.

You can find Blue Door Realty reviews on:

• Birdeye: Currently 3.5/5 stars based on 194 reviews
• Google: Currently 3.6/5 stars based on 150 reviews
• Yelp: Currently 3.2/5 stars based on 14 reviews
• BBB.org: Currently 1.0/5 stars based on 4 reviews

Happy property owners and renters highlight the exceptional care of properties, the easy processes, the professional responses to questions and inquiries, the attentive and patient staff, the supportive and courteous team members going above and beyond, and the quick communication. Unhappy customers complain about high turnover rates, lack of organization, ridiculous practices, rude and unhelpful staff members, and absence of efficient communication.

How to Get Started with Blue Door Realty Property Management

To get started with the best property management company in Albuquerque for single-family homes and condos, rental property owners can submit an online form on the Blue Door Realty website or call 505-389-4316.

AIM Properties: Best for Affordability

AIM Properties is a local, premier, full-service property management company serving the Greater Albuquerque area. Jasmine McGarvey founded the company in 2010, with headquarters in Albuquerque, NM. The team aims to help property owners maximize their real estate investment by eliminating the hassle of managing their own rental properties. AIM Properties is the top Albuquerque property management company for affordable rates as it charges the lowest monthly management fee in the market, at only 7% of rent.

AIM Properties Property Management Services

AIM Properties provides the following property management services:

• Aggressive, customized property marketing and advertising through multiple physical and online platforms including Zillow, Trulia, Facebook, and others
• Thorough tenant screening including credit, employment, residency, and criminal background checks
• Completing lease and disclosure documentation
• Insurance for damages and evictions
• Rent collection
• Owner earnings payment via direct deposit
• Payment of utilities, association fees, etc.
• Tenant communication
• Inspections
• Proactive and on-call, cost-effective property maintenance via licensed, insured, professional vendors and service providers
• Financial reporting
• Monthly and annual statements
• Representation at eviction proceedings
• Recommendations for property improvements to increase property value and rental income

AIM Properties Property Management Locations

AIM Properties operates in:

• Albuquerque
• Bernalillo
• Los Lunas
• Rio Rancho
• Tijeras

AIM Properties Property Types

AIM Properties manages single-family homes, townhomes, multiplexes, and apartment complexes with less than 50 units rented out on a long-term basis.

AIM Properties Property Management Costs

AIM Properties charges the lowest fee among long-term rental property management companies in Albuquerque. It is equivalent to 7% of monthly rent, while others charge around 10% or more. This makes AIM Properties the most affordable property manager in the Albuquerque market.

Lease only services are available too. The fee comprises one month’s rent.

AIM Properties Property Management Terms

The website of AIM Properties does not specify the terms of the management contract, so investors should get in touch with the company and ask for a copy to review. It’s a must to know how easy or not it is to cancel services should you not be fully satisfied with the quality.

AIM Properties Property Management Reviews

Over 1,000 real estate inventors and renters have written online reviews of AIM Properties on third-party websites. Their reviews show generally good overall ratings.

You can find AIM Properties reviews on:

• Birdeye: Currently 3.8/5 stars based on 455 reviews
• Google: Currently 3.9/5 stars based on 419 reviews
• Facebook: Currently 3.5/5 stars based on 124 reviews
• Yelp: Currently 1.3/5 stars based on 22 reviews

Positive reviews highlight the wonderful experiences, the quality services, the positive interactions, the processes made easy, the clean and secure properties, the professional, driven, and friendly team members, and the wonderful, responsive, and knowledgeable staff. Negative reviews focus on terrible practices, inconvenient services, awful responses to maintenance requests, undue charges, rude staff, and poor communication.

How to Get Started with AIM Properties Property Management

To get started with the best property management company in Albuquerque for affordability, landlords can fill in an online form on the AIM Properties website or call 505-501-8514. 

Tyson Property Management: Best for Flexibility

Tyson Property Management is an Albuquerque-based, full-service property management company. Bob Tyson Huneycutt established the company in 1997, with headquarters in Albuquerque, NM, so this is one of the oldest property managers in the local market. The company focuses on communication, honesty, and staying connected with simple technology, while putting their experience to work for the benefit of property owners. Tyson Property Management is the best Albuquerque property management company for flexible options as it offers 3 different service packages to landlords.

Tyson Property Management Services

Tyson Property Management handles:

• Rental market analysis
• Property marketing
• Showings
• Careful tenant screening
• Pet screening
• Lease preparation and signing
• Move-in and move-out inspections with photos
• Move-in coordination
• Rent collection
• Owner earnings deposit
• Lease enforcement
• Regular property inspections
• Maintenance coordination and documentation
• Financial reporting
• Monthly statements

Available landlord protections and guarantees include:

• Pet Damage Protection Program
• Eviction Protection Program
• Tenant Placement Protection

Tyson Property Management Locations

Tyson Property Management works in Albuquerque and Rio Rancho.

Tyson Property Management Property Types

Tyson Property Management takes care of single-family homes and condos.

Tyson Property Management Costs

Property owners can choose between 3 different property management service plans including:

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

• Leasing fee: 50% of one month’s rent

Full Service: This plan covers everything in Leasing Only plus all basic services related to managing a long-term rental property.

• Monthly management fee: 11% of monthly rent
• Premium advertising: $125 for 30 days
• Eviction Protection Program: $4/month
• Annual assessment report with photos: $150

Premium Service: This plan covers everything in Full Service plus premium advertising, Eviction Protection Program, Tenant Placement Protection, annual assessment report, and annual assessment review package.

• Monthly management fee: 15% of monthly rent

The ability to select between multiple service plans makes Tyson Property Management the best property manager in Albuquerque for flexible options.

Tyson Property Management Terms

The Tyson Property Management website does not have a copy of the management contract, so interested property owners need to contact the company and ask for it.

Tyson Property Management Reviews

There are over 500 online reviews of Tyson Property Management that show mixed experiences.

You can find Tyson Property Management reviews on:

• Birdeye: Currently 3.4/5 stars based on 227 reviews
• Google: Currently 3.4/5 stars based on 216 reviews
• Yelp: Currently 2.1/5 stars based on 58 reviews

Happy rental property investors and tenants praise the well-taken-care-of properties, the exceptional experiences, the excellent services, the quick solutions to problems, the prompt and extremely professional work, the proactive and reliable staff, and the fast and thorough communication. Unhappy customers discuss dirty rentals, ignoring emergency maintenance requests, unexpected charges, and withholding security deposits.

How to Get Started with Tyson Property Management

To get started with the best property management company in Albuquerque for flexibility, property owners can submit an online form via the Tyson Property Management website or call 505-323-2104. 

Rent Builder Property Management: Best for Landlord Guarantees

Rent Builder Property Management is a local, full-service property management company. Jim Meek created the company, with headquarters in Albuquerque, NM. The team aims to give the full focus to each property owner so that investors don’t feel like another number in the crowd. Rent Builder Property Management is the best Albuquerque property manager for landlord protection as it offers significantly more guarantees than other companies in the local market.

Rent Builder Property Management Services

Rent Builder provides the following services to Albuquerque rental property owners:

• Sophisticated property marketing
• Careful tenant screening
• Legal compliance
• Lease enforcement
• Rent collection
• Owner funds transfer
• Frequent inspections
• Maintenance coordination
• Financial reporting
• Eviction protection

Besides full-service property management, Rent Builder also provides the following guarantees for investors and their income properties:

• $1,000 Eviction Guarantee: The property management company will cover up to $1,000 in legal expenses and place a new tenant for free in case a resident needs to get evicted.
• $1,000 Pet Protection Guarantee: The company will cover up to $1,000 in pet damage above the security deposit.
• Tenant Placement Guarantee: Rent Builder Property Management will find a new tenant for free should a tenant placed by them break the lease.
• Rent Deposit Guarantee: The property manager will directly deposit owner payouts in their bank account by the 15th of the month.
• Management Fee Guarantee: Property owners pay Rent Builder only when the company successfully collects rent.
• Leasing Fee Guarantee: Investors do not need to pay the all-inclusive leasing fee until a tenant has been placed and they have paid the first rent.
• Response Time Guarantee: Rent Builder responds to all communication within 24 business hours.
• 30 Day Contract Guarantee: There are no long-term contracts. All property management contracts are monthly.

These multiple guarantees available to property owners make Rent Builder the top property management company in Albuquerque for landlord protection.

Rent Builder Property Management Locations

Rent Builder Property Management covers the following markets:

• Albuquerque
• Bernalillo
• Corrales
• Los Lunas
• Rio Rancho

Rent Builder Property Management Property Types

Rent Builder Property Management works mostly with single-family homes.

Rent Builder Property Management Costs

Rent Builder offers 2 service plans, including lease only and full-service property management. The associated fees are:

Leasing Only: This plan covers everything needed to rent out a property.

• Leasing fee: 70% of one month’s rent

Full Service: This plan covers everything in Leasing Only plus the services required to manage a rental property.

• Leasing fee: 25% of one month’s rent
• Monthly management fee: 8% of monthly rent for a minimum of $150
• Lease renewal fee: $120

Rent Builder Property Management Terms

Rent Builder Property Management works with month-to-month contracts. This means that investors who are not fully satisfied with the services delivered by the company can easily cancel.

Rent Builder Property Management Reviews

Nearly 300 real estate investors and tenants have written reviews of Rent Builder Property Management on third-party websites. Their reviews reveal good overall experiences.

You can find Rent Builder Property Management reviews on:

• Birdeye: Currently 4.0/5 stars based on 146 reviews
• Google: Currently 4.2/5 stars based on 134 reviews
• Yelp: Currently 4.3/5 stars based on 13 reviews

Positive reviews focus on the great experiences, the efficient processes, the good tenants placed by the company, the prompt solutions to maintenance requests, the friendly and easy-to-work-with staff members, the professional and personable team, and the timely communication. Negative reviews talk about corrupt practices, false inspections, missing information from the company websites, overly strict pet policy, rude and unhelpful team members, and poor customer service.

How to Get Started with Rent Builder Property Management

To get started with the best property management company in Albuquerque for landlord guarantees, rental property investors can submit an online form via the Rent Builder Property Management website or call 505-892-4400.

Takeaway

If you’re looking for a market that’s not been flooded with investors yet, Albuquerque, NM can be a good option. And to make your investments passive, you can work with one of the 6 best property management companies listed above. The absolute top property managers for Albuquerque long-term and short-term rentals are HomeRiver Group and Awning, respectively. The owners of single-family homes and condos can look into Blue Door Realty, while investors who want affordable pricing should consider AIM Properties. The company with the most flexible pricing models is Tyson Property Management, and Rent Builder Property Management offers the best landlord protections and guarantees.