When you’re looking for professional property management in Charlotte, NC, the best place to start is the internet. An even better way to find a great property manager is by asking for referrals and recommendations. Check sites like the Better Business Bureau, Angie’s List, Google, and Yelp. Then, take a closer look at the companies you find before you make your decision.
It’s important to work with a company that matches your values and philosophy. Both you and your property manager will need to agree on how to make decisions for your rental home. You’ll want to be on the same page with regard to how repairs are handled, vendors are chosen, and tenants are placed. You also want to make sure your property manager understands fair housing and all the legal responsibilities that come with rental properties. Protecting you from liability should be a priority for your management company.
Visit Property Management Websites
See what you can find on the websites of companies you are considering. You want to see a level of professionalism and authority, as well as an understanding of the property management industry. Look at the homes they currently have available and ask how long they have been vacant. You don’t want to work with a company that has a high vacancy rate. That means less income and ROI for you.
Experience and Expertise
Get to know a company’s professional reputation, and ask how long they have been in business. Make sure their license is in good standing with the Real Estate Commission. You’ll need to understand how a property management company will take care of your money and your tenant’s money. Talk about accounting and ask when rental payments are made to owners. You’ll need to know if you can see your statements online, and how technology will help you communicate with your property manager.
A good property manager will have a consistent leasing process in place, which ensures your home remains occupied by a high-quality tenant who pays rent on time and maintains the home. Find out what type of lease will be used. Some companies use standard leases while others customize them. Talk about what’s included in a general lease. You need a manager who is experienced with things like lease negotiation, lead paint, mold remediation, Section 8, and eviction.
These are just a few of the things to consider when you’re looking for a Charlotte property manager. If you have any questions, contact Alarca Property Management.