If you own a property that you’re renting or thinking about renting, you need to understand that that will, at least, be your passive income.
For most people, this kind of job is a primary source of money, so they take it quite seriously. This is precisely the reason why I’ve decided to share with you my top strategies for finding a good property manager.
It’s quite important to understand the tactics that will lead you to someone who will be responsible enough for you to trust them with your property and its well-being, so pay close attention to some of these since they might be the difference between a decent and a fantastic property manager.
Another thing to keep in mind before I start explaining the strategies I’ve come up with is the fact that you’ll need to be very careful when picking a property manager for your real estate since the security and future of your properties will depend on them.
Strategies
There will be a few strategies that I’ll be talking about here, but before I do, I wanted to list them for you so if you’d like to check out one strategy, in particular, you can do that by scrolling down and finding it:
- Referrals
- Search online
- Licenses and Certificates
Referrals
This is probably the most common way of reaching a good property manager. A good word travels far, so if a manager is good – you’ll hear about that quite easily.
If you have friends that are close to this line of work, you should ask them to refer a good property manager to you, but if you don’t know anyone in that line of work, or in a line of work close to it – you should search for someone who does know something about real estate and property management.
It’s also quite good to talk to other property managers and hear their thoughts on their colleagues. This won’t lead you to a good property manager, but it might help you steer clear of the bad ones.
A good idea might be to talk to people who have their properties managed by someone because they have experience and might give you a good recommendation.
Search Online
The internet database is quite full of people in all kinds of lines of work. This includes property managers. It might be a good idea to search the web for some useful information about the service you’re in need of.
A good thing about the internet is that people write reviews that are virtually unbiased, so if someone has had a bad experience with a particular property manager, you’ll be able to hear about it soon.
This goes both ways, so if a property manager is good, you’ll see a big number of good and positive referrals and reviews regarding them and you’ll be ensured that you’re making a good choice by choosing them as your property manager.
Be careful when doing this, since some people like to buy fake positive reviews and place them as true and unbiased.
If you think a review is bought and thus fake – you should double-check the information found in that review. You can do this by looking at other reviews and compare that review to others that talk about the same property manager.
If the controversial information is found only in the review you’re suspecting of being fake, that means that the information is not correct and is most likely fabricated.
Licenses And Certificates
You should also familiarize yourself with some credible licenses and certificates that good property managers have.
This makes your job of making a distinction between good and bad property managers much easier.
The National Association Of Retailers is one that you usually should keep your eyes out for. If a property manager has a license or a certificate from there, it probably means that they know what they’re doing.
Another one that you should pay close attention to is the Community Association Managers International Certification Board (CAMICB). If you find a certificate from them in the resume of your property manager, you should consider that you’re in good hands.
Epilogue
It’s quite clear that there are certain ways of finding a good property manager for yourself. If you follow these techniques, you shouldn’t run into any problems.
It’s important for you to be reminded that you shouldn’t rush your decision since you’ll be putting either your property or your living space in someone else’s hands – so be careful when picking who you’ll trust with these kinds of important decisions.
