While you are in search of a property manager in Vancouver, there are several different aspects that you need to take into account. Trusting someone to manage your property works and maximize your investment requires you to know different things about the property manager and their services too.
Property managers basically take the place of a property owner in handling screening, maintenance, leasing and tenant related issues. You will find several property management services operating in Vancouver. When you are trying to narrow down the list to determine what services each manager offers and how they are going to handle the property to ensure that it is occupied more often than not and how they will be treating the tenants.
You can search in Google with keywords ‘affordable property manager near me’ and you will get tons of results. As you pick a few, there are some vital things you need to ask them about, which are listed below. Once you have gathered the information you require, you can start off by comparing the different property management services to pick the one that you think will best handle your property.
- How Often They Will Visit The Properties?
You do not want the property manager to respond to this question with an answer ‘whenever there is a maintenance issue’. You want someone who will visit the property at least once in 30 days, and also when there is bad weather or any other problem that may lead to maintenance or repairs.
- Do You Have Maintenance Crew Available 24/7?
A reliable property management service will be answering this question without any hesitation. This way you would know that both your property and tenants will be well taken care of in case an issue arises.
- What Kind Of Screening Is Done On Potential Tenants?
A property manager is responsible for choosing appropriate tenants, through careful employment, credit, and background screening you can be certain that your property will be inhabited by responsible and sensible tenants.
- How Much Do They Charge?
In Vancouver, you may come across property managers who charge you a flat rate monthly or a percentage of the property income to manage your property. Choose which method works best for you.
- What Documentation Will I Be Getting From You?
A professional property manager will send you monthly details of all the expenses and income from the property along with a yearly tax report.
These aforementioned questions will greatly help you eliminate the Vancouver property manager that you do not want to hire and pick the one that meets the criteria for further consideration and investigations.