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Finding the Right Property Manager for You
One of your more popular blogs is reprinted below. It first appeared in July of 2014 and the information still remains true today. If you have questions or need more no-pressure information about ways to find a property management service that works for your specific needs, contact us at 360-456-7368.
Owning a rental property can be a huge responsibility that takes up a lot of your time, especially if you do not have the experience that years of owning a rental property comes with. Many who own a rental property have their own jobs and other obligations to keep up with on top of everything else, so taking care of the property can be difficult. For this reason, it is usually a very good idea to hire a property manager in Olympia that you can trust to take care of all of the worries for you. This includes collecting rent, finding tenants, and basic maintenance concerns. In order to find a property manager you trust, there are some things you should keep in mind.
Property Management Recommendations
The best way to hire a company you trust is to get recommendations from friends and family members. These are the people you should trust the most, and getting a recommendation from them is a sure way to find a manager you are happy with. If you do not know anyone who has experience with a property management company, you can go online to read reviews and comments, which, while not as trustworthy as your own friends or family, can help you paint a picture of how the public sees the company in general.
Interviewing a Property Management Service
Once you find a few companies in your area that you can choose from, you should go through an interview process to narrow the list down to one. The main thing to look for while doing these interviews is how well you communicate with the people at the business. You will want a property manager who is on the same page as you all of the time when it comes to your property. If you do not communicate well during the interview, there are bound to be problems later on when situations arise that call for certain actions. Avoid trouble in the future by making sure everyone is on the same page from the beginning.
Get Everything in Writing
You will want to have a written agreement that includes a termination clause. If, later on, you find that you are not at all happy with the way things are going, there should be a method in place already that states how the termination will be handled. Having everything drawn up and ready to go right away will save everyone headaches in the future.
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