What are some good things to look for in a property manager?

3

We have yet to sign a listing agreement with a real estate agent. I know that if I were to try to rent our old house, I probably wouldn't have the stomach for dealing with tenants, and hence would want to have a property manager.

What are some good things to look for in a property manager?

asked Mar 09 at 02:31

mbhunter's gravatar image

mbhunter ♦♦
2734●1●2●12

Based on my experience as a renter, my answer would be replete with cursing. I am not helpful in this one other than to say who not to use in Las Vegas.

(Mar 09 at 15:14) Frugallawyer
One Answer:
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1

My experience with property managers is based on two rental properties in Costa Rica, so keep that in mind.

My suggestions:

  • Interview them in person-make sure you feel good about them as people. Honesty, Honesty, Honesty needs to shine through their personality..
  • Get a list of references and then call them yourself-ask open ended questions about the property managers honesty, integrity. Would they recommend the manager for their mom's property...
  • Ask them which subs they use for repairs, and how quick they can get them to respond in an emergency.
  • Ask questions about charges-what is included and what is not in the monthly fee-that one can get you burned in a hurry.
  • Make sure they know all the rules in your state about kicking people out for damaging your property, and failure to pay.
  • Do they have liability insurance?

These are just a few that come to mind...Good luck!

answered Mar 10 at 00:09

Dr%20Dean%201's gravatar image

Dr Dean 1
1574●1●7
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