6 Questions to Ask When Choosing a Property Management Company

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10 Comments

  1. The biggest problem for me has been how the property manager takes care of the property. Does he have trusted tradesmen who are able to make required repairs? Also, because my income property is a vacation rental, it is furnished. The property manager needs to inspect the home after a tenant vacates to see if any items are missing.

    1. Thank you for your comment. The points you make are important ones.

  2. My husband and I are looking to find a property manager that can help us take care of and manage our beach home that we are looking to rent. We want to make sure we choose someone reliable that we can count on to take properly take care of the tenants and property. Like you said, we should ask potential managers how many formal inspections we should expect each year and ideally find someone that offers one or two inspections per year.

  3. It’s easy to advice someone to find the right property manager who will take care of your property. But the difficult one is to advice the specific detail of what questions to ask them. That’s why, I’ll give five stars to this article. The main problem was well discussed.

    1. Thanks for your comment!

  4. Here’s a few more:
    1) Do you monitor guest reviews? There’s only one right answer: yes. You can also ask if they respond to guest reviews.
    2) What is the biggest issue you have with managing all of your properties? The only wrong answer is if they say none. There is always room for improvement. This answer should be rather thoughtful and quickly determined. They shouldn’t be trying to sell you. Instead, they should be trying to ensure you’re a good fit for them. If you sense they’re hiding information, kindly let them know that you’re both trying to decide if this is a good fit.
    3) What percentage of their existing hosts are Superhosts? It’s hard to achieve Superhost status. The reason you ask this is to see if they start defending why they are not. It’s ok to not be a Superhost, but if they place the blame on others, etc. then you probably want to avoid this company.
    4) How do you handle early check-in and late check-out requests? They should be able to accommodate this when possible, most of the time.

  5. Great content. Definitely helpful thanks for sharing.

  6. This is a very interesting article, it’s worth sharing with others. Keep it up.

  7. A very informative and a helpful article. Thank you for sharing. Helped alot.

  8. I have a few rental properties that are becoming pretty difficult to take care of. It makes sense that I would want to get a property management company to help out with this. It would be so nice to have someone who can help me out with this.

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