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Property Management
The hiring of a property manager involves more than finding someone to collect rent and handle maintenance issues. Consider the follow items when selecting a property manager or property management company:
Obtain referrals from others that you know who have tenants
Verify professional licenses and certifications
Find out how the person handles advertising and vacancies
Does their experience and property specialties match your needs
Review the manager’s tenant lease agreement
Judge their ability and willingness to negotiate and explain terms of contracts
Verify that they have appropriate insurance coverage
Make sure that owner's responsibilities are clear
Judge contract prices, contract lengths, fees, and small print of contracts
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