Hiring a property management company to take over the daily tasks involved in rental management is not always easy. While a good property manager can be the basis of your success in the real estate business, a bad property manager can cost you precious money, time, and qualified tenants. It is important to take your time as you search for a quality real estate asset management Medford company. With the right company, you can sit back and relax as your property manager works hard for you.
How Long Have You Managed Properties?
Experience is everything in the real estate game. Property managers who have been around for years know what makes an asset successful long-term. They should be experienced in dealing with various types of housing, including apartment buildings, townhouses, condos, and multi-family homes. However, they should not be too busy as to not give your rental properties the dedication they require for maximum profits.
How Will You Market My Properties?
When it comes to real estate asset management, property management companies often take different approaches to marketing. Most real estate professionals will use extensive internet advertising, but others prefer to use newspapers or even “For Sale” signs in the front yard. It is crucial to find out how your properties will be presented to the public.
What is Your Tenant Screening Process?
One of the most difficult parts of managing rental properties is finding responsible tenants. It is vital your property manager put tenants through a rigorous screening to ensure they do not have a past history of not paying rent or damaging rental homes. Most screening processes consist of criminal history and credit checks as well as proof of employment and income.
How Do You Handle Maintenance Requests?
When you have rental properties, someone will always need to be available to address any problems that occur. If you have hired a property management company, they will be available 24 hours a day, 7 days a week to handle any maintenance requests.
Real Property Management Charles River provides real estate owners with a wide range of property management services, including advertising, marketing, tenant screening, maintenance, and more.
