Hiring the right property manager means less stress and more money in your pocket. But finding this can be challenging. A property manager overlooks your rental properties–your investment. So, it is, therefore, essential to hire a reliable one. Here are a few tips for finding a reliable property manager:
This is a great starting point; seek referrals from family, friends, and colleagues. Ask for recommendations. Ensure you ask about the property manager’s mode of operation, strengths, and weaknesses. You can find information about the best property managers from mouth-to-mouth referrals.
Check out the Properties They Currently Manage
Take a look at the properties in their care. This is a crucial step when hiring a reliable property manager. Make sure you pay close attention to the surroundings and interior of the building. Is it well kept? Is there any thrash around the building? Are there any undone repairs?
Also, interview the tenants. Find out if they are comfortable with how the building is being managed. Notice their reactions to different questions.
License and Certifications
This is a great way to evaluate a manager’s technical expertise. It reveals their background, education, and experience. A company or manager with more qualifications is best to hire. Find out if their real estate broker is current. You can check if their license is active through your state’s Real Estate Commission. Further, ensure they are certified with a trade organization.
Research Some Property Managers Online
You can also decide to check some agencies and property managers online. You certainly have some companies on your list. You can look them up on some websites. Pay attention to their advertisements, rates, and make sure you check for reviews.
Inquire about their Customer Service
This is an important criterion. A manager’s customer service should be of utmost priority to you; it says a lot about their reputation. A good property manager should respond swiftly and consistently check up on tenants and properties. You do not want to hire a property manager who doesn’t offer reliable customer services. Furthermore, a good strategy you can also adopt is by always taking note of impressive buildings. You can ask residents about how the house is being managed and the company in charge.
Conduct Interviews before hiring
Make sure you interview the prospective property manager because it will help you feel who they are. Here are some possible questions to ask:
- Inquire about the fee structure
- Ask about the manager’s background and experience.
- Please find out how many properties they manage. If they manage over 15 properties, there’s a possibility they’ll spend less time managing your properties. In this case, you can opt for an agency or company with more than enough staff.
Let Local Dwelling Handle Your Property Management
localdwelling.com is a Property Management company that has serviced the Dallas area for over thirty years. They have managed income-producing properties ranging from single-family homes, condominiums, town-homes, multi-family properties (such as duplexes), and boutique apartment communities, providing our services to a wide range of properties.