Tips for Choosing a Property Manager

Property

Real estate is one of the best investments you can make, but not everyone wants to be a landlord. As your real estate portfolio grows, so will your responsibilities. Therefore, you may seek property management services Casselberry FL. Choosing the right property manager will ensure your investments are protect into the future.

Referrals

Friends, family members, peers, business associates and even legal and real estate professionals can be valuable resources for property management referrals. However, be sure to verify the company’s record through online reviews and testimonials, Better Business Bureau rating and outstanding claims, and the local chamber of commerce. In addition, verify their insurance and business licensing.

Interview

Whether you go into the office or contact the property managers on the phone, you should ask a few key questions. For example, ask about their accreditations, such as those given by the National Association of Realtors or Institute of Real Estate Management. Find out what types of properties they manage and services they provide. These companies should be insured, so ask what their insurance covers and verify their policy. Fees and monthly reporting should also be discussed and agreed upon. Staff turnover can have a significant impact on … Read the rest