Countless property management companies have been popping up all over the country. This makes it increasingly harder for persons to find the property management team that is right for them. So what differentiates one property management team from the next? Or is every property management company roughly the same?
The fact is that not every property management company is the same or operates in the same manner. Here are some tips to find the one that is right for you:
● Ensure that your property manager is licensed. It is best to have this fact established from the start of this working relationship. By licensed, this means that the property manager should have successfully completed the state licensing exam, and be aware of all the state laws and regulations concerning property rental. Most, if not all, Denver Rental Property Management Companies meet these standards.
● Ask for a sample listing of the properties that are currently being handled by the property manager. This would give you an idea of how effective this property manager is. You should take a look at two or three of these properties to see how well they are being managed.
● Thoroughly review the management contract. This is the point when you should ensure that all your concerns are adequately addressed and all your questions are answered. Find out how maintenance issues are handled and how common issues such as an unruly tenant are dealt with.