The 7 Best Property Management Companies in Missoula for 2022

The 7 Best Property Management Companies in Missoula for 2022

Last Updated: July 30, 2022

Over the course of one week, we compiled a list of all legally operating property managers in Missoula and compared their service offerings, pricing and feedback from actual Missoula landlords to identify the best of the best.

Missoula Property Management

Missoula Property Management specializes in property management services for all types of residential properties throughout Missoula.

  • Address: 5735 W Harrier, Missoula, MT 59808
  • Phone: 406-251-8500
  • Service Types: Residential only
  • Years in Business: 19+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A
  • Management Fee(s): $200 – $250 per month, depending on rental rate
  • Miscellaneous Fee(s): $250 set up fee

Missoula PM aims to provide exceptional value for their clients, providing a number of guarantees that make it less intimidating to get started with a rental property. They have immense confidence in their full-service solutions, offering a 21-day tenant placement guarantee, a warranty on all placed tenants, a 1-day response time guarantee, and a satisfaction guarantee so that if you’re unhappy, you can cancel at any time within 60 days, so you can be confident in them as well. Their tenant placement is comprehensive, creating a listing to be marketed, showing the property to interested applicants, screening potential tenants for a wide range of background information, and negotiating the lease with full legal compliance so that you’re protected as much as possible. Missoula PM also oversees the full tenancy for you from start to finish so that you can sit back and collect passive income while they communicate with the tenant, inspect the property annually, address maintenance requests in a timely manner, collect & disburse the rent, manage the lease, and generate reports through the owner portal so that you can keep an eye on things from afar.

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Caras Property Management

Caras Property Management has been providing full-service property management to Missoula properties for more than 50 years.

  • Address: 401 SW Higgins Ave., Missoula, MT 59803
  • Phone: 406-543-9798
  • Service Types: Residential and commercial
  • Years in Business: 50+ years
  • Rentals Managed: 700+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Caras PM has exceptional market experience that they use to provide cost-effective, income-increasing, and low-stress management solutions that allow you to control how involved you are throughout the process. They offer a free rental analysis that forecasts your property’s earning potential and recommends value-adding renovations that can be made for increased profitability and a greater ROI over time so that you can make an informed decision about whether to move forward with your rental property. Caras fills your vacancies with high-quality tenants that pass their rigorous screening process which finds criminal history, rental history, proof of income, and many more points of data that help determine whether they would be a quality tenant. Day-to-day property oversight consists of all property upkeep, tenant relations, financial management, and just about any other service necessary to keep the tenancy going and your property generating income with the help of the online tenant portal for easy rent payment and maintenance requests.

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Summit Property Management, Inc.

Summit Property Management provides complete management solutions for all types of properties as well as associations throughout Missoula.

  • Address: 800 Kensington Ste. 112, Missoula, MT 59801
  • Phone: 406-549-3929
  • Service Types: Residential, commercial and HOA
  • Years in Business: 17+ years
  • Rentals Managed: 1,300+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Summit PM excels at providing full-service property and association management services that can be customized to ensure all your needs are met. They work with residential properties, commercial properties, and residential HOAs, offering individual properties everything from leasing to daily management to turnover while HOAs can get assistance with administrative, financial, maintenance, or community services. Summit’s leasing works to try to find high-quality tenants who pass their strict background screening process through extensive marketing and flexible showings for shorter vacancy periods. Daily management with Summit takes over everything relating to the property and tenant for you so that you can avoid being on-call when something comes up. Through the online tenant and owner portals, Summit completes all rent collection, maintenance handling, lease management, financial reporting, and other duties to ensure your income remains consistent at all times. HOA management is tailored to your specific community’s needs, with services like board management, meeting coordination, recordkeeping, legal compliance assurance, individual & common area maintenance, dues collection, bookkeeping, and more offered to help improve the quality of life for you and your entire association.

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Plum Property Management

Plum Property Management handles all aspects of the rental property and association management process in addition to real estate brokerage in the Greater Missoula area.

  • Address: 425 N 5th St W Ste E, Missoula, MT 59808
  • Phone: 406-541-7586
  • Service Types: Residential, commercial and HOA
  • Years in Business: 13+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: C+
  • Management Fee(s): Contact for pricing

Plum PM serves property owners, investors, association managers, and all other real estate parties with complete management services that span the entirety of the investment property process from start to finish, including real estate, property, and association management. They begin with a free market analysis to outline the state of the market and give you recommendations for properties that provide potential as a rental, assisting with buying the property if you choose to move forward. New or existing properties may also receive a free rental analysis that estimates your property’s earning potential and helps you get it rent-ready to go to market during the tenant placement process. Plum works hard to find high-quality tenants that provide the best profitability for your vacancy with marketing of the listing through the MLS and rental sites like Trulia as well as on-demand showings with a licensed agent who knows your property. All considered applicants undergo background checks for information like rental history, criminal history, and income proof so that you can feel confident in your tenant taking care of the property and paying rent on time. Daily management involves tenant relations, maintenance handling, lease renewals, eviction oversight, financial reporting, and a wide range of other services while HOA solutions include individual property management plus board organization, full recordkeeping & bookkeeping, community upkeep, rule enforcement, and community building services to simplify HOA ownership.

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Grizzly Property Management

Grizzly Property Management provides residential and commercial management services to property owners and investors serving Missoula and the surrounding areas.

  • Address: 2432 W. Central Avenue, Missoula, MT 59801
  • Phone: 406-542-2060
  • Service Types: Residential and commercial
  • Years in Business: 22+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Grizzly PM handles all of the day-to-day responsibilities of managing your property, allowing you to be entirely hands-off while they work to generate you passive income. Their leasing services available include creating a listing for your property, marketing it on their website, coordinating showings, screening potential tenants thoroughly, and drafting and executing the lease in compliance with Montana Landlord-Tenant laws. For an additional fee, they will also advertise your vacancy in the Missoulian. During the lease term, Grizzly PM handles rent collection and disbursement to you, bill payment, inspections, lease enforcement, tenant communication, lease renewals and evictions, and more. However, maintenance is not included.

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Bitterroot Property Management

Bitterroot Property Management has over 40 years of experience serving the Missoula area with residential property management.

  • Address: 414 W Broadway St., Missoula, MT 59802
  • Phone: 406-549-9631
  • Service Types: Residential only
  • Years in Business: 42+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

Bitterroot PM prides themselves on their cost-effective, efficient marketing strategies that fill your vacancy more quickly with reliable tenants that are likely to stay longer and cause fewer problems. To get you started, they will perform a free rental analysis to price your property, identify renovation or construction that could add to your property’s value, and prepare it to be leased. Once the property is market-ready, they will advertise it on multiple rental sites as well as their own, show it to prospective tenants, screen all applicants for a variety of background information, draft the lease, and collect the security deposit. Tenants are provided access to an online portal where they can make maintenance requests and pay rent at any time, while you’ll have access to your own portal for viewing financial statements and property reports. Bitterroot also conducts inspections, communicates with tenants on your behalf, and processes lease renewals and evictions as part of their management services.

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MT Properties Group

MT Properties Group handles real estate brokerage, property management, and HOA management for all types of properties throughout Greater Missoula.

  • Address: 1200 S Reserve St, Missoula, MT 59806
  • Phone: 406-214-3056
  • Service Types: Residential, commercial and HOA
  • Years in Business: 3+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

MT Properties Group takes a personalized approach to their management services, working to get to know you, your property, and your association so that they can custom-tailor a solution that comprehensively addresses your needs in their entirety so that you can sit back and relax. On top of market research and buying assistance for new investment properties, they offer a free rental analysis to outline expected income and expenses so that you can create an effective plan & budget before moving forward with the investment property process. Vacant properties will be filled with tenants who pass their credit requirements and background checks and all leases are customized to ensure legal compliance and financial protection for a stress-free placement process. MT Properties Group also manages the day-to-day needs of both residential and commercial properties, which entails all rent collection, maintenance, lease management, and bookkeeping for a hands-off landlord experience that generates passive income for you. HOA management helps with budgeting, financial management, bookkeeping, dues collection, bill payment, tax filing, maintenance, covenant enforcement, and a wide range of other customizable solutions built to maximize your community’s value.

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