Real estate is a fantastic investment and is lucrative if you intend to use it as a rental property. With the help of a professional property management group, you can rest assured that you are getting the most out of your property without the headaches that come with managing one yourself. This process is also beneficial if you have several different buildings and need help. To find the right management team, ask around, and find out all you can about your options.

How to Find a Property Management Group

What tenant screening do you perform?

Screening your potential tenants is vital to make sure that they will take care of your property while they rent it. It can also protect you from potential dangers associated with risky renters. You should find a management group that has a lawyer on-site, as well as guidelines for credit and background checks.

How much rent can you charge?

To remain competitive in the rental property market, make sure that the property management group understands the neighborhoods and what to charge monthly. Location plays a significant role in rental fees, and the closer your property is to nearby parks, schools, popular shopping areas, or neighborhoods, the more likely you can ask for top dollar. The purpose of owning a rental is to get the most money every month, and that is what the professionals do for you when they know the market well.

What services do you provide?

When you’re looking for a management team, you should understand the services they provide to you, as well as the tenants. No obligation contracts, affordable flat-rate fees, electronic rent payments and deposits, and a 24-hour support line are all aspects that make your rental more enticing to potential renters. Make sure your property management team performs proper inspections of the building to fix issues and protect you from litigation. 

Do you sub-contract maintenance or have a staff?

Knowing who does regular maintenance on your rental property is crucial information to have, especially if you’re paying your management group to handle this. Sub-contracting out plumbing, lawn care, roofing, or other maintenance makes it more expensive for an owner. If management has a maintenance team, make sure they are all licensed and accredited to perform the necessary upkeep tasks.

Managing multiple rental properties is stressful. If you’re ready to hand over the keys and let a professional group maintain your property, leave it to All-Pro Flathead Property Management in Kalispell, MT. Their goal is to retain tenants for your rental and make your job as an owner easier. To talk to one of their professionals about all of their services, give them a call at (406) 755-1102 or visit them online for more information.