As a busy property owner in Raleigh, there's a lot you have to think about.
There's nothing easy about being a landlord. Between maintaining your property, finding suitable tenants, collecting rent, and dealing with evictions, you'll be busy non-stop. Whether you've got a job to worry about or you've invested in multiple properties, it might be time to hand the burden of property ownership off.
By hiring a Raleigh property management company, you can enjoy all the perks of property ownership without any difficulties. In this post, we're going to give you a few important tips for choosing your property manager. When you have quality property management, your investments will be safer and more lucrative.
1. Property Management Experience
The first things you should check when looking at property management companies are experience and certifications. You want a property manager that has been in business for a few years so you know they can deal with different situations, whether it's handling evictions or having a network of qualified renters.
Likewise, they should be part of a property management association. As one of the country's biggest property management companies, Home River is a proud member of the National Association of Residential Property Managers.
2. Property Management Service Options
A good property manager will be able to tailor their services to your needs. If you need the entire package, they should be able to handle marketing, screening, rent collection, maintenance, and evictions.
Getting full property management services will allow you to be completely hands-off with your properties. This is a great option for busy professionals and property investors alike, who might not have time to focus their energy on a single property.
3. Reading Online Reviews
Before hiring a property manager, you should always check online reviews and ratings. These can tell you how a property manager does business and if there are any red flags you should look out for.
Home River Group is an A+ accredited business on BBB and we have loads of positive feedback from our happy clients.
4. Property Management Budget
It's important to come up with a budget for property management services. How much you spend will depend on which services you opt-in on. You should never make your final decision based on who offers the cheapest rates, but compare affordability with reputation and service.
When you have a really good property manager, they'll actually bring more value to your property. For instance, at Home River, we offer free rental analysis to see if you could be charging higher rental prices.
5. Property Management Technology
It should be easy to communicate with and get your funds from your property manager. They should have an owner portal on their website that lets you track your tenants and your property in a quick and easy manner.
Your property manager should collect the rent and make it easy to access your funds online. You should never have to chase your property manager down for information or money in this day and age.
Find Your Raleigh Property Manager Today
Now that you know how to find a great property management company, it's time to give your Raleigh rental properties the best chance at success. Home River Group is a full-service property management firm with an incredible reputation for owner and renter satisfaction.
To learn more about our services, visit our website today.