Lawrence Property Management
How much rent can you get for your investment?
Lawrence Property Management Services Overview
Let us manage your Lawrence rental property
Owning a rental property should be an investment—not a second job. TM3 Realty & Property Management handles the day-to-day responsibilities of leasing and managing residential rental properties so owners can spend less time coordinating repairs, tracking payments, answering resident questions, and navigating lease issues.
Based in Johnson County, we specialize in single-family homes and small multifamily properties throughout Olathe, Overland Park, Lenexa, Shawnee, Gardner, Spring Hill, and surrounding communities. We also selectively serve other parts of the Lawrence metropolitan area when the property and owner relationship are a good fit.
Our full-service management includes:
- Rental analysis and pricing recommendations
- Property marketing and showing coordination
- Applicant screening
- Lease preparation and execution
- Move-in and move-out documentation
- Rent collection and delinquency management
- Maintenance request and vendor coordination
- Owner statements and electronic disbursements
- Lease-renewal recommendations
- Eviction coordination when necessary
We combine professional management systems with responsive local oversight. Our goal is to protect the property, support a successful resident relationship, and give owners a clear understanding of how their investment is performing.
Reach out to us today for a free, custom consultation for your unique rental property.
Request a Property Management Consultation
Owner or Renter?
Our Advantages
Why Choose TM3 Property Management As Your Lawrence Property Manager
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Rental-Property Owners Ourselves
We understand the decisions our clients face because we own rental properties too. We approach management with an owner’s priorities in mind: protecting the property, controlling expenses, minimizing vacancy, and preserving long-term value.
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Financial and Real Estate Experience
TM3’s leadership combines more than a decade of real estate experience with educational and professional backgrounds in finance, accounting, real estate valuation, and investment analysis. That perspective helps us evaluate both the day-to-day needs of a property and its overall financial performance.
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Professional Systems With Local Oversight
We use professional technology for marketing, applications, rent collection, maintenance requests, inspections, and financial reporting—while remaining locally accessible and directly accountable to our clients.
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Clear, Straightforward Communication
Owners should understand what is happening with their property and why. We communicate important developments, provide organized financial reporting, and work to address questions directly and promptly.
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Thoughtful Decision-Making
We balance cost, urgency, resident needs, lease obligations, and the property’s long-term condition when evaluating maintenance and management decisions. When owner approval is appropriate, we provide the information needed to make an informed choice.
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Consistent Standards
Successful property management depends on consistent processes. We apply established standards to marketing, applicant screening, lease enforcement, maintenance coordination, inspections, and documentation.
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Accountability
We take responsibility for the details within our control, follow through on commitments, and work to resolve problems professionally when unexpected situations arise.
Frequently Asked Questions
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What types of properties and areas do you manage?
TM3 specializes in well-maintained single-family homes and small multifamily properties. Our primary service area is Johnson County, Kansas, including Olathe, Overland Park, Lenexa, Shawnee, Gardner, Spring Hill, Leawood, Mission, Merriam, Prairie Village, and surrounding communities.
We also selectively manage properties elsewhere in the Lawrence metropolitan area when the property’s location, condition, rental value, and ownership goals are a good fit for our management model. Contact us with the property address, and we can determine whether TM3 is the right fit.
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What are your property management fees?
Our standard full-service management fee is 8% of the monthly rent collected. When we place a new resident, our leasing fee is 50% of one month’s rent.
Any additional fees or property-specific costs are disclosed in the management proposal and property management agreement so that owners can evaluate the complete fee structure before hiring TM3.
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What is included in your full-service property management?
Our full-service management generally includes rental analysis, property marketing, showing coordination, applicant screening, lease preparation, move-in documentation, rent collection, resident communication, maintenance coordination, lease enforcement, move-out documentation, owner statements, electronic disbursements, and applicable year-end financial reporting.
The exact scope of service is described in the property management agreement.
Go to FAQsDiscover Lawrence
Lawrence is a vibrant college town and cultural hotspot, home to the University of Kansas. Its mix of students, faculty, and year-round residents creates a steady rental market with strong occupancy rates. The city’s music scene, historic downtown, and friendly atmosphere make it one of the most desirable places to live in the region. Investors benefit from reliable tenant turnover, consistent demand, and solid long-term growth.
TM3 Property Management
Areas We Serve
- Kansas City
- Shawnee
- Lawrence
- Mission
- Overland Park
- Gardner
- Olathe
- Grandview
- belton
- Spring Hill
- Lenexa
- Leawood
- Merriam
- Prairie Village
- Lee's Summit
- Leavenworth
- Johnson County