What should I look for in a property management company?

The first thing you should do is establish your personal objectives. If you are extremely specific in what you want it is easier to make sure you have found a good fit. After you have done this, you should be able to research the property management companies in your area and determine if your objectives align with the various tasks a property management company can handle.

When looking for a property management company it is important to look for experience in areas that include leasing, maintenance, collections, marketing, tenant relations, financial analysis and budgets, eviction, and knowledge of relevant local and state laws. In addition, many property managers are credentialed by national industry organizations, which can help you refine your search or even make a decision on the right property manager.