| |
Property Management Services When selecting a property management company for your investment, check to see if they do these things, like we do:
* All phone calls retuned within 24 hours
* A full time property management company
* Specializing in single family houses, condos, and strip centers
* Credit cheeks on prospective tenants
* Prospective tenants job(s) verified
* Tenants last two landlords contacted
* All leases and agreements are in writing
* Rent Collection
* Cheek sent to owner 15 working days after tenant pays
* Written monthly report of income & expenses by category
* Receive a copy of all bills paid on owners behalf
* Year-end report showing income & expenses by category
* Eviction process started if tenant is 5 days late paying rent
* Evictions handled by Mary Thomason and an attorney when necessary
* Realty Executives pays all bills by check
* Owner contacted on all repairs over $200
* on large jobs, 2 bids are obtained
* Supervision of all repairs
* Contractor is not paid until work is inspected and approved
* Owner kept informed by letter, telephone, and/or fax
* Written and video move-in/out inspection reports
* 24-hour emergency answering service
* Periodic written property inspections with pictures
* Mary Thomason has been in business since 1981
* 2 other full-time staff members
* Mary Thomason is a REALTOR and is an Arizona Licensee in good standing
* Mary Thomason is bonded, insured, and covered by professional liability insurance
* Mary Thomason works after 5:00 and on weekends
Consider asking your prospective property management company these questions:
1. How many homes did you manage last year?
2. So you offer true owner representation?
3. How many owners did you represent last year?
4. How many evictions did you handle last year?
5. Can you offer me tax advice?
6. Are you a full service property management company? Why?
7. What benefits will I have by working with you?
8. What is your negotiating procedure?
9. What is your follow up procedure?
10. How will you document my file?
11. How do you follow up with tenants; past,
12. May I call your references?
13. Do you have a professional resume?
14. How often can I expect to hear from you? In what form(s)?
15. How long have you been in business?
16. Why are you in this business?
| |
