Some Questions to Ask a Property Management Company
You own rental property and you aren’t feeling like managing it anymore but you don’t want to sell. What can you do? You can look into hiring a property management company to handle the basics for you. But how do you know who to choose? You might be researching home rental companies in Bakersfield, CA and that would be a good place to start. Here are some questions to ask them.
What is Your Reputation Like?
When you are looking into Stockdale property management in Bakersfield, CA it's important to know if they are reputable and experienced. It is important that a property management company has good reviews on places like Facebook, Google, and Yelp. While sometimes people are more likely to leave a bad review, it will still give you an idea about the company. Do they have a good reputation among their clients? Do they have any testimonials as these can help also? It is good to check.
How Much Experience Do You Have?
It is important to seek out a property management company with longevity and experience. If the business has been doing its thing for many years they are more likely to anticipate your needs. They will know how to respond to unforeseen circumstances. The type of experience they have is also important. You want to make sure they have experience with residential or commercial property- whichever you may have.
What Services Do You Provide?
Property management companies can offer a wide variety of services. You should know that they can provide the services that you need. They need to be able to find tenants and collect rent. They should be able to manage maintenance as well. They need to offer everything your portfolio of properties requires.
Are You Insured?
You’ll want to make sure you hire a property management company that has familiarity with risk management and loss prevention. You want to make sure they are insured for anything that doesn’t go according to plan. This way if something should happen, they can continue managing your property portfolio.
What are your fees like?
When hiring a property management company you’ll want to know how much their services cost. There are a few different ways fees can be structured. There are several factors to consider as well. Typically a property management firm will let you know these costs up front so you can compare.
In Conclusion
It can be difficult choosing a property management firm. There are lots of things to consider. You want to know that they are reputable, how much they charge, and that they offer the services that you need.