How to Find a Property Manager?
Investing in a rental property can be an excellent opportunity for income and growth. But managing a rental property can come with challenges–especially if your property is far from where you are.
A property manager can take on many day-to-day responsibilities, allowing you to focus on other properties or projects. Property managers can handle ongoing tasks like marketing, drafting leases, screening tenants, and more. They can also arrange regular maintenance and landscaping– and handle those repairs that always seem to be needed at inconvenient times.
Working with a property management company can remove much of the stress of owning a rental property–but only if you can find the right one. So, how can you find the best property management company Denver has to offer? Reach out to the friendly, knowledgeable professionals at Acorn+Oak Mile High today to learn about our services.
How to Find a Property Manager
It’s important to find a property manager you can trust, whether you live two blocks or 2000 miles from your rental property. A property manager will be responsible for collecting rent, maintaining the value and functionality of your property, and communicating directly with your tenants.
Finding a property management company that will represent you well and be part of your team is crucial. Here are steps you can take to find the best property management company in Denver.
Get referrals
Referrals are essential to finding a quality property management company. Ask your real estate agent, friends or family, and other local investors who they work with. Refer to the Better Business Bureau and the Real Estate Commission to ensure the company is licensed and in good standing. After compiling a list of possibilities, interview the companies to help narrow down the field.
Meet in person
Your property management company will represent you when working with your tenants. Meeting them in person will give you a better sense of how they will respond to your renters.
Ask questions
You will need to determine how your property management team will market your property and handle vacancies. Ask questions about how and where they will advertise your property, how many current vacancies they have, and if they are familiar with marketing properties like yours.
Evaluate its online presence
Look at the company’s website and any social media. Try to imagine it through the eyes of a renter. Can you find the company’s list of current vacancies easily? Is the information you need readily accessible?
Negotiate a contract
Read the owner/property manager agreement carefully. Make sure you understand:
Who your primary contact will be, and how you can reach them- The fees for their services and what services are included in this fee
- The length of notice needed before terminating a contract
- How repairs and maintenance, including lawn care and snow removal, will be handled
- When and how you will receive your tenants’ rent payments
- How the company will manage evictions
It’s important to understand every aspect of your contract before beginning. A property management company should spend time explaining the details of its operations and answering all of your questions.
Find the Best Property Management Company in Denver
Are you looking for the best property management company Denver and want to skip the search? Reach out to the knowledgeable team at Acorn+Oak Mile High. Our dedicated team has the knowledge and experience you need to build income, protect your investment, and help you work toward your goals. Contact us today to learn about our services.