HOW TO FIND THE BEST PROPERTY MANAGER FOR YOU
Rental properties can be a huge moneymaker and a smart investment for your future, but only if they’re managed properly. If you own a property far away from your home base or just need help keeping things in check, it’s essential to find a qualified, trustworthy property manager.
Use these tips from experts to find the right property manager for your needs!
Get referrals
Leverage your network! Talk to your realtor and investor contacts and friends to see if they know anyone qualified to help you. Read online reviews and search for pros on social media.
Look for someone with a range of experience
Effective property management requires a range of skills and experience. Look for managers with chops in marketing (like advertising and showings), the financial aspects of management (i.e., rent collection), property maintenance, and more.
Do property visits
The easiest way to see if someone is a good fit is to visit the properties they currently manage. Are they well-maintained? Do the current tenants seem happy?
Check licenses
By law, Wisconsin property management companies must have a real estate broker’s license (with a few exceptions). Check with your state’s Real Estate Commission to see if a candidate’s brokerage license is active.
Watch out for red flags
Look for red flags like poor communication skills, lack of references, or spelling and grammar mistakes. You’ll be trusting this person with your livelihood, so don’t settle for anyone less than perfectly professional!
On the hunt for a qualified property manager in Madison, Wisconsin? You’re in the right place, because our team does just that! We can help you with property marketing, tenant screening, move-in and move-out, rent collection, maintenance, eviction services, and more! Learn more here.