Having a property manager can be the best thing ever or the worst thing. The property manager is the person that will be able to guard your property when you are not there. His or her work will be to ensure that the tenants will be so comfortable. So choosing a property manager is like choosing a dentist because if you choose the wrong person, he might lead you to bankruptcy. The property manager will offer property services like the collection of rent. Here are ultimate guidelines that will help when finding the property manager.
Own any properties
So many people will say that if the property manager has his or her properties, they will be the best when it comes to being the property managers but this is not the case. The manager will be in competition with his property and yours. So if you go ahead and have a vacancy at the same time then most likely he will be more concerned with his property more than yours. So the one thing that you should do is find someone that is not concerned with any other property but yours.
Number of properties
Ask the property manager the number of property they are managing and the clients he or she is working with. One thing that is common is that the property manager can have more than one property to manage. Choose a property manager that is using more than one clients because this means that if he or she is working with other people then most likely then he is good at what he does. A property manager that is starting in the business will not be the best option because they will not know what to do if they are faced with any challenges.
Check the references
Ask the property manager the number and kind of clients that he has worked with before and the one that he is working with currently. He should be able to give you the references because he or she will not have anything to hide. After you have gotten the references make sure that you call them and inquire the kind of service that they got from the property manager that you intend to hire. If the property manager has so many positive reviews, then it will mean that they have the experience and commitment in their job. Watch the video below for what a property manager does;