Here are some questions you should ask when looking for a progressive property management company.
- What percentage of the company's real estate activity is devoted to residential property management?
- How many rental units does your company manage? Will managing a few units provide the necessary experience?
- Is your company licensed by the State of Hawaii ? Are its managers licensed? (Management for a fee for more than one owner requires a license.)
- Are your company's property managers full time residential property managers?
- What are your company's rent collection and tenant relations policies?
- How often and when will I receive my operating statement and rent disbursement? As collected or at the end of the month?
- How will the company market my rental unit?
- What are your company's policies and prcedures for keeping me informed about my property?
- Does your company have a written management agreement for me to review?
- How involved and updated are all the staff members with my property?
Contact management companies and make your comparisons. The quality of the services provided for your property can mean the success or failure of your investment.
“CRM = Peace of mind for your investments”
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