Like many people who own rental property, you have likely been looking into property management. It can be a hassle to manage a property on your own, especially if you have another job that takes up the majority of your time. However, you do not want to make a hasty decision when choosing a property management company because you want to make sure you get the right fit. Not all property management companies are created equally. To find a great one, use these three tips.
1) How long have they been in business?
You need a property management company that has experience, not some fly-by-night operation. It’s not easy management investment properties and there can be a steep learning curve. You need to find a company that has been a round for a while and has a track record of success.
2) Personal Attention
Having a good relationship with your property management company is a big plus. You need someone who cares and is willing to go the extra mile to help you out. An established company with years of experience will have plans and strategies in place to make sure your property is taken care of and everything gets done.
3) Are They Reliable
Rather than just having a friend or maybe your real estate agent manage your property, you’ll be better off working with a larger organization. After all, if your friend is managing it for you, what happens when they go on vacation or get sick? You’ll be stuck holding the bag for things like repairs, maintenance or phone calls. However an established company has employees and backup plans so you never have to worry about who’s taking care of your property.
Every property management company is different but some do stand out as better than others. If you are looking for quality property management, look no further than AZ Residential Management. They provide personal attention to each owner and great service to all that they serve. Contact them today to learn more about how they manage properties and how they can help you.