Mar 15, 2021
The property manager (PM) is likely the most important member of your investment team. Investing in real estate and thriving in it is a top priority for you, and hiring the right Property Manager is necessary to keep the property occupied whether it keeps the tenants happy and the building competitive or looking for other properties in the market.
In this episode, Marco and his co-hosts talk about the importance of hiring the right Property Managers and what questions to ask for your potential property manager.
EPISODE NOTES:
- Understanding about rental units a property manager can manage
- What are the inclusion of fees and how do property managers charge?
- For Vacant rents: is it necessary to charge an added fee?
- When it comes to the maintenance, what is the basis or how do you increase the fee if the company is based on gross revenue
- How does a property manager collect fees?
- Under what circumstances can a property manager cancel an agreement?
- The terms to consider and cancel the agreement
- How a property manager market the units when it’s vacant
- Ways to advertise the units.
- The kind of reporting can a property manager provide
RESOURCES FROM THIS EPISODE
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