Rental properties require a lot of work and a great deal of time investment. Sometimes it makes sense to outsource some of the management duties to a reputable service provider. If you’ve been thinking about hiring a property manager, you probably have some questions about how to get started. Take a look below to learn what to look for in property management companies in Calgary.
Consider Reputation
Reputation is everything when it comes to service providers. Fortunately, you can do a search online to get a feel for whether a management company offers solid performance. Check the Better Business Bureau and review sites across the web to see what others are saying. This research is well worth your time and should yield useful insight.
Ask About Tenant Screening
In order to maintain a consistent income stream, you need good tenants. Your property management team should do thorough credit, background and rental checks to determine whether prospective tenants are a good risk.
Look for Experience
Inexperience leads to poor decision making. Your rental management company is in charge of making the day to day decisions for your property regarding things like maintenance issues, tenant approval and more. Don’t leave these important decisions to chance. Make sure your candidate can show proof of their track record.
Keep these tips in mind when looking for property management companies in Calgary, and you’ll be sure to choose one that will serve you well.