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Hiring a Property Management Company

Posted by Jordan Muela in Property Management Articles

Property Management Hiring GuideA good property management firm can easily become one of your greatest assets, second only to the properties that they steward on your behalf. That said, your property manager will make critical decisions on your behalf making it extremely important that you do your homework during the hiring process.

This guide is designed to empower property owners with the knowledge and tools necessary to confidently evaluate all of the property management companies they interview, and hire a property manager that can competently meet their needs.

This hiring guide is broken into three sections:

Basics of Property Management

  1. 11 Questions for Determining if You Need a Property Management Firm
  2. Property Management Services - A Complete List
  3. What Are The Benefits of Using a Property Management Company?

What to Look for in a Property Management Company

  1. Property Management Fees - Part I
  2. Property Management Fees - Part II
  3. Handling Tenant and Owner Funds
  4. Setting and Collecting Rent
  5. Property Maintenance and Repairs
  6. Property Inspections
  7. Tenant Marketing and Retention
  8. Tenant Screening
  9. Examining the Organization - Background, Qualifications, Portfolio
  10. Examining the Organization - Size, Staff, Customer Service

What to Look for In a Property Management Contract

  1. Responsibilities and Representations
  2. Contract Termination
  3. Indemnification and Boiler Plate Items

Find and compare property managers from Phoenix to Los Angeles and everywhere between. Still want to self-manage? We recommend using property management software like Rentec Direct.


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