Questions to Ask a Property Management Company

by | Jul 7, 2017 | Real Estate

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Property management is not just about filling the vacant rooms with tenants and collecting rent, there is much more than that. Some people will manage their properties by themselves because they don’t think that a property manager is of any help. Some other landlords will choose a property manager based on fees. If you are going to engage a Phoenix property manager, you want to know what to expect from them. Here are a few questions you should ask the property manager:

How many years has the property manager been doing business?

You want a property management company that has been in business for long and understands the ins and outs of property rental. There are legal aspects regarding property rental. A property manager who has done this work for many years understands the legal requirement. The manager also knows how to deal with tenants and how to find them.

Does the property manager provide a written proposal?

If you are engaging a property manager to take charge of your rental property, you want to ensure they know what they are doing. You don’t want to get a manager who just goes out to look at the property and they say, “OK, we are now in charge.”

Let the manager present a written proposal, which shows how they will do the property management work. This, at least, shows that they are professionals in the work.

Can the property manager represent you in court?

If there are disputes or lawsuits that are put against you by either the tenants or the rental governing bodies and authorities, can the property manager represent you in court? You should realize that tenancy law can be quite complex, so a property manager may be the best placed person to deal with legal matters pertaining tenancy or rental work.

Building a relationship with your property manager is very important. You know your limits and the property manager knows their limits and expectations. This is a person you are entrusting with the management of the property and you should know how to solve problems together whenever they arise. Get a Phoenix property manager who knows their job too well. Follow us on Google+.

Are you overwhelmed in managing your rental property or do you need help with renting the property? You can engage a Phoenix property manager to take that responsibility.