What to Expect When Hiring a Property Management in the Bay Area
Not everyone knows what to expect when they are interviewing and hiring a property manager, so today we are going to share with you what’s important and what you should look for when you’re considering a professional management company.
It’s really important that you are able to communicate with a property manager 24 hours a day and seven days a week. This is a great benefit to having a property manager. That person can stay on top of things all the time. You can call at any time to discuss your concerns and ask questions that you might have.
The vetting process is essential and when you work with a property manager; you get the benefit of their screening system. Your property manager will do a credit check on all applicants, and take a close look at eviction reports, background check information and employment history.
Always talk to your property manager about vacancy rates before you hire someone. You don’t want your property to be vacant for a long period of time. When a tenant moves out, that tenant gives a 30 day notice. Your property manager should begin finding a new tenant as soon as that notice is received. You don’t want someone who waits until the tenant is already moved out to begin the search. Low vacancy means your rental income will be consistent.
You can expect your property manager to collect rent on time and send you monthly statements. One of the benefits to professional property management is that you have someone keeping your financial records organized.
There are a number of good reasons to work with a property management company, and these are just a few of the benefits you can expect when you hire one. If you have any questions, or you’d like more information about the services we can provide, please contact us at Astound Property Management.
All blog post information is original material created by Astound Property Management's founder and president Stuart Levitas.