Top Questions to Ask a Property Management Company

Choosing to partner with a property management company is a great way to save yourself a lot of time and work. A property management company can handle a wide variety of tasks, such as managing tenants, collecting rent payments, and helping you stay in compliance with housing regulations. However, not all property management companies are created equal, as it’s a good idea to perform additional research before you choose to partner with one of these management companies.

Here are a few of the top questions to ask a property management company:

What type of services do you offer?

One of the biggest things to consider is the type of services offered by a property management company. Some management companies only provide a limited amount of services while others offer a wide range of services at a higher price. Perhaps even more important is to understand the pricing structure of the management company. Some will offer basic management and charge for additional services as needed, while others charge a percentage of all rents collected. Others, like California Realty Group, offer a rate all-inclusive management service that will handle all aspects of management for one fixed rate. Understanding your needs can help you determine the best fit to make your life much easier in owning property.

How many properties do you usually manage?

Some companies only manage a few rentals, while others manage a vast range of properties. While a management company with only a few units under management may lack the experience or systems to effectively manage more properties, they may be able to give your home more direct attention and provide a more personalized management experience. Conversely, larger companies may have more sophisticated systems and procedures to manage your property but not be able to provide the personalized care that you may require. 

Ultimately, the right choice for you is one where you feel most comfortable and finding property management that you can trust. Big or small, a property management company should be responsive, proactive, and capable of handling whatever issue arises with your home. 

How do you screen potential tenants?

Finding tenants that will pay on time and take care of your property isn’t always an easy task. Understanding how a property management company screens prospective tenants is essential in avoiding many problems. Some of these companies perform background checks and verify employment, while others skip these services to save money. Performing these additional steps can often save you a lot of expenses in the long-term. By spending the time and energy upfront to properly screen your tenants, you can save yourself a lot of headaches down the road.

California Realty Group offers residential property management services for a wide range of clients. We strive to provide excellent customer service through clear and transparent communication. We guarantee you will receive rent payments on the first of the month, and you will never have to worry about any hidden fees. Our team also has an in-house maintenance team for fast response times to handle all types of tenant repairs.

Reach out to California Realty Group to learn more about our property management services!