photo credit: Lindspetrol5
Here is another post in my continuing series of questions you should ask before hiring a Property Manager or management company. You can check-out my other Property Management post and the importance of a good property management company.
- Do you have an employee-training manual? You want to see the training standards of the company.
- Do you have a company Policy and Procedures Manual I can read?
- If you managed my property, what additional staff would you hire, if any? If none, how would you organize your work to accommodate my property?
- What will be the on-site manager’s duties? Will he or she do turnover cleaning and repair?
- Can I interview and approve the on-site manager? Can I determine if they are retained?
All these questions are to see how the management company will handle the additional workload of your property. You want to see them work it out with you and not let it slide until a problem arises. A good company will anticipate challenges and take steps now to avoid them or minimize them. If you are not planning on hiring a separate property management company them you will need to develop your own standards and procedures. Use these questions as a guide for the property management manual.
