BYRD Property Management

What BYRD Property Management does

BYRD Property Management LLC is a privately held, full-service residential property management company headquartered in Midlothian, Virginia, and serving the Richmond metropolitan area. Founded in December 2022 by real estate investors Morgan Porter and Rick Cox — who bring a combined 35 years of real estate and property management experience — the company manages a portfolio of over 135 rental properties across twelve-plus Richmond-area neighborhoods including Carytown, Church Hill, Jackson Ward, Scott's Addition, Midlothian, Short Pump, and Manchester. Its target customers are independent "small-portfolio" landlords (typically 1–2 properties), including "accidental landlords" who inherited or transitioned into ownership and want professional management without the friction of large corporate firms.

The company's core service offering spans the full landlord workflow — tenant screening, lease preparation, rent collection, maintenance coordination, financial reporting, legal compliance with the Virginia Residential Landlord and Tenant Act (VRLTA), and security deposit handling. Operations run on AppFolio as the system of record for owner/tenant portals, online rent collection, lease management, and maintenance ticketing. Layered on top are two proprietary operational capabilities: a dynamic maintenance request portal that adjusts diagnostic questions by issue type to triage repairs and avoid duplicate vendor trips, and an emergency portable HVAC fleet deployed free of charge to residents during heating/cooling emergencies. A separate Resident Benefit Package offers quarterly HVAC filter delivery, pest control coverage, and 24/7 emergency response, and the company operates a Rental Rescue Program for landlords exiting difficult tenancies.

BYRD monetizes through recurring monthly management fees on managed units, with pricing not publicly disclosed but positioned as transparent ("no hidden fees," "no long-term contracts," "no maintenance upcharges," and a "you get paid or don't pay" guarantee). The go-to-market is sales-led and locally focused: a free rental analysis functions as the primary lead magnet, supplemented by content marketing (blog covering Virginia landlord-tenant law, investment strategy, and neighborhood guides), organic social (Facebook, Instagram, LinkedIn), community engagement, and NARPM professional development. The company also runs a portfolio acquisition program — purchasing books of business from property managers seeking exit — as a secondary growth lever, and operates three physical offices in Midlothian (HQ), Richmond/Fan, and Henrico/Short Pump.

Name

BYRD Property Management

Legal name

Byrd Property Management LLC

Website

https://byrdpm.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

BYRD Property Management is a Richmond, Virginia-based residential property management firm founded in 2022 that manages 135+ rental properties on behalf of independent small-portfolio landlords across the Richmond metro area, using AppFolio for core operations layered with proprietary maintenance triage and emergency HVAC capabilities.

Ownership category

akta.pro rank

Product category

Residential Property Management Services

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Apartment Buildings (6513)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

akta.pro secondary industry

Residential Maintenance & Turnover Services (Make-Ready, Inspections) (BPAJAFAM)

Keywords

• Residential property management
• Tenant screening services
• Rent collection services
• Landlord management solutions
• Maintenance coordination services

Headquarters

HQ city

Midlothian

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Property Management Fees: Byrd Property Management charges ongoing management fees for overseeing rental properties on behalf of independent landlords. Services include tenant screening, lease preparation, rent collection, property maintenance coordination, financial reporting, and legal compliance. The company emphasizes no hidden fees in its positioning. Management fees are bundled with move-in inspection services at no additional cost.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

BYRD Property Management provides full-service residential property management for independent landlords in the Richmond, Virginia metro area, encompassing tenant screening, lease preparation, rent collection, 24/7 maintenance coordination, financial reporting, and legal compliance under the Virginia Residential Landlord and Tenant Act. The company manages a portfolio of 135+ properties across 12+ neighborhoods and additionally offers ancillary services including a Rental Rescue Program, free rental analysis, and a Resident Benefit Package.

Product overview

BYRD Property Management offers a unified property management platform for independent landlords in the Richmond, Virginia region. The core offering centers on full-service residential property management encompassing tenant screening, rent collection, maintenance coordination, lease administration, and financial reporting. Additional services include a Rental Rescue Program for landlords exiting difficult tenancies, a Free Rental Analysis tool for pricing guidance, and a Resident Benefit Package providing filters, pest control, and emergency support. The company manages a portfolio of 135+ properties across Richmond area neighborhoods including Carytown, Church Hill, Jackson Ward, Scott's Addition, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Management Services Full-service residential property management for independent landlords in the Richmond, Virginia region, covering tenant screening, rent collection, maintenance coordination, lease administration, financial reporting, and VRLTA compliance for owners with 1–2 rental properties.
• Tenant Screening Comprehensive applicant screening including background checks, credit checks, income verification, employment verification, and previous landlord reference checks to identify quality tenants for owner clients.
• Security Deposit Management Security deposit handling including collection, escrow management, 4-hour move-in/move-out inspections with photo documentation, and disposition processing in compliance with Virginia law.
• Rental Rescue Program Program for landlords looking to transition out of difficult rental situations, providing assistance with problematic tenancies and management takeover.
• Free Rental Analysis Complimentary property assessment service providing rental pricing recommendations based on market analysis and comparable properties, used as the primary lead magnet for prospective landlord clients.
• Property Listings (Homes for Rent) Rental property listing and marketing service showcasing available homes for rent across the Richmond service area for prospective tenants.
• Resident Benefit Package Optional package for residents including quarterly HVAC filter delivery, pest control coverage for most common pests, and 24/7 emergency response support.

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Greystar Real Estate Partners: Largest U.S. residential property manager and rental housing operator, serving institutional and large-portfolio clients across hundreds of markets. Sets the competitive ceiling and brand benchmark Byrd PM competes against for owner mindshare.
• RPM Living: National residential property management firm managing tens of thousands of units across multiple asset types and ownership segments. Broad incumbent comparable in offering full-service residential management to owners of varying portfolio sizes.

Emerging players

• Belong: Residential property management startup focused on individual landlords and small portfolios with a tech-enabled, transparent-fee model. Closely comparable to Byrd PM's positioning and target customer.

Direct peers

• Mynd Management: Tech-enabled residential property manager serving individual and small-portfolio landlords across multiple U.S. markets. Highly comparable to Byrd PM in its focus on independent landlords and remote owners needing professional management, with broader geographic scale.
• Real Property Management: National residential property management franchise with locally-owned operators serving independent landlords and small investors. Competes head-to-head with Byrd PM for the same SMB landlord customer in local markets.
• Evernest: Residential property management franchise purpose-built for single-family and small multifamily rentals owned by individual investors. Directly comparable in serving the 1-2 property landlord niche that Byrd PM targets.
• Pillow Homes (Lemonade Homes): Tech-forward single-family rental property manager for individual investors and small landlords. Direct comparable in offering modern portals, transparent fees, and full-service management to non-institutional owners.

Others

• AppFolio: Cloud-based property management software platform that Byrd PM itself uses for owner/tenant portals, rent collection, and maintenance tracking. Ecosystem/enabling peer — any feature or pricing change at AppFolio directly affects Byrd PM's operating model.

Regional players

• Thalhimer (Cushman & Wakefield): Richmond-based commercial real estate services firm (now part of Cushman & Wakefield) offering property management across office, retail, and multifamily assets. Competes with Byrd PM in the same Richmond metro for landlord relationships.
• S.L. Nusbaum Realty Co. Long-established Richmond, VA-based real estate firm offering property management alongside brokerage and development. Regional comparable operating in the same local market as Byrd PM.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/byrdpm
• LinkedInlinkedin.com/company/byrd-property-management
• Instagraminstagram.com/byrdpropmgmt

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BYRD Property Management