property managers (by marlene [WI]) Aug 8, 2020 10:18 AM
property managers (by razorback_tim [AR]) Aug 8, 2020 10:36 AM
property managers (by Vee [OH]) Aug 8, 2020 12:29 PM
property managers (by J [FL]) Aug 8, 2020 8:14 PM
property managers (by DJ [VA]) Aug 9, 2020 1:10 PM
property managers (by marlene [WI]) Posted on: Aug 8, 2020 10:18 AM Message:
My friend is thinking of hiring a property manager to manage her properties. She is in a different town about 30 miles away. What are some questions you would ask someone who wants to be hired as your property manager? --70.158.xxx.xx |
property managers (by razorback_tim [AR]) Posted on: Aug 8, 2020 10:36 AM Message:
I would want to get into extreme detail on their process of screening and choosing a tenant. --107.77.xxx.xxx |
property managers (by Vee [OH]) Posted on: Aug 8, 2020 12:29 PM Message:
How many tenants have they evicted, how long to get them out, how much does it cost, do they cut grass, clean gutters, remove unauthorized people - animals, do they take a pay cut for lazy repairs? --76.188.xxx.xxx |
property managers (by J [FL]) Posted on: Aug 8, 2020 8:14 PM Message:
I have used one of these. I suggest the following:
--find out what fees they charge. I was charged a lot more than the 8% of rents per month. They had a lease signing fee of $200 per door (both tenants and I were hit with this), the tenants had a $25 re-key fee at turnover. And other fees I don't remember.
--some of these places have an eviction guarantee for the first year. You could ask about that.
--find out if the PM will be going into the unit to change AC filters or if they have the T do it.
--as someone else said, look at their screening process. Many of these companies will accept low FICO scores and old evictions. --72.188.xxx.xxx |
property managers (by DJ [VA]) Posted on: Aug 9, 2020 1:10 PM Message:
Discuss every single aspect of managing a rental property - from advertising to eviction & turnover. Who does what, who pays what, who makes (big) decisions & who is responsible when things go wrong.
Compare how they do it to how you do it. Decide if their way is acceptable or not. If not, will they make changes to their SOP? (Probably not, even if they say they will) --70.160.xxx.xxx |
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