If you own a number of properties and have a hard time managing them personally, you might be thinking about hiring a property manager. A good property manager can manage tenants, take care of repairs and keep your properties filled. However, to be sure you hire the right manager, you need some information. Here are some things to make sure you ask property managers before hiring one.
How Many Properties are You Managing?
While your first thought may be that a busy property manager is a good one, you want to be sure that the property manager you choose has enough time to give your properties the attention they deserve. Find out about how many employees the manager has, and get an idea of how many people will be focused on your properties on a day to day basis.
If your property manager will be delegating your properties to an employee, make sure you meet that person and assess their ability to do a good job. Find out as much as you can about that person and their experience, so that you feel confident leaving your properties in their hands.
How Often Will You Be at My Properties?
There are some property managers that don't see the properties they are managing. However, to be sure that your properties are running well, it is imperative that your property manager go out to your properties on a regular basis. Make sure that there is a schedule for your property manager to visit your properties and report back to you.
How are Repairs Handled?
Something may break on one of your properties and need to be repaired. That is probably not a surprise to you; however, you need to be sure that your property manager has the money necessary to pay for those repairs. It is important that any property manager you hire checks with you before having things fixed. Talk to prospective property managers about how they typically handle those kinds of situations, and you might consider pre-authorizing a certain amount of money for your property manager to use for repairs.
Now that you have some idea of what you should ask property management companies like Harland Property Management while trying to find the right one for you, make sure you use the information in this article. With the right property manager, you will be able to focus on other activities while making sure your tenants and properties are taken care of.