Common Mistakes
Avoid these common pitfalls
Make sure you hire a Property Manager, not a realtor who sells houses for a living. You need to know that this person’s priorities are renting and maintaining your home.
You should not have to pay a setup or processing fee to begin the management process for your property.
A good sign you’re dealing with a real professional is when you choose someone who owns rental property themselves. If you pick a management company that does not have rentals of their own, they will not truly understand the issues that rental properties create.
Make sure your management company has a good history regarding property repairs. You don’t want all of your profits going to maintenance. The value of your property, and the future of your rental profits depends on it.