If you've ever been looking for a good property manager, you know how difficult it can be to find a good property manager for your rental property. There are several property managers out there, maybe more than you need to market your property.
What type of property do you manage?
Experience is essential in property management and can separate the good from what you need to leave behind. However, experience in this area is not limited to the number of years working in this field. It's also a question of what types of properties they maintain. Depending on the type of property you own, you could contact someone who specializes in property management such as yours or someone with more experience managing different types of properties.
How do you screen potential tenants?
Screening potential tenants is one of the most important steps in managing a property. The way they do this often reflects the level of service at your property. Ask them how they combine tenants with your property and how they find tenants. That way you will get a better idea of how it works and how long it will take to find the right match for your property.
How do you handle late payment from tenants?
Finding tenants is just one phase of real estate management. In longer phases, the settings are self-adjusting. By asking them these questions, you will learn what their leadership style is and how they handle critical recruiting issues like this one. Check that your process meets your expectations and how your property will be managed.
How do you react to complaints?
Like the previous question, this question can help you gauge how well a potential property manager will handle the landlord-tenant relationship. Remember that the property manager acts as an intermediary between you and your tenants. Therefore, it is important that you feel comfortable in the face of any inconvenience or problem.
How often do you check?
Regular inspections are important for every lease and the frequency with which they are executed each year will help you calm down as a landlord or landlord. This question also shows how well the property manager will look after you even after the lease has started.