Finding the Right Property Manager

by | Nov 23, 2015 | Real Estate

If you ask people who have used a property manager in Phoenix what their experience has been, you’ll hear a wide range of answers.  There are, naturally, excellent companies and not-so-hot ones, too.  Whether you’ve decided to find a manager or if you’re on the fence about whether or not you want to use a property manager, it’s important for you to understand what makes a good property manager before you sign contract.

Communicating

A property you own is a big investment and you take that seriously. When you hire a property management company you should feel that they are going to have your back. One of the best hints of how your experience will be is how well the company communicates.  If the company you choose is prompt with clear communications you can know that they are working well for you. The company should be willing to communicate with you in whichever way you are most comfortable, especially if you are going to be far away from your property.

Flexibility

Not all landlords are the same and the company that represents you should be willing to work according to your preferences. Whether you want every minor problem fixed right away or if you want to be contacted before any repairs are made, the company you hire needs to agree to your requirements.  If you aren’t sure what you will require, ask the agent you talk to what your options are.

Advertise

A Phoenix property management company has one big advantage: they are actually in Phoenix.  They know the area where your property is located and know how to find tenants as quickly as possible. A good management company has many resources at its fingertips and will get the word out on your property right away.

Legalities

Every landlord’s worst nightmare is dealing with a tenant who won’t pay rent or who damages the property. Knowing the steps required to evict a tenant or to get paid for damages is very important when you are a landlord.  However, when you use a Phoenix property management company you have someone working on your behalf who knows the legal proceedings. They will make certain that you have the necessary documents at tax time.  They will deal with contractors who don’t complete repairs.  You don’t have to worry about how to collect rent from reluctant tenants because your property manager will handle any delinquencies.  A good manager will put your mind at ease.

Latest Articles

Categories

Archives