Questions that we are frequently asked as property managers in South Florida:
How do you screen new tenants? How do you know who to pick? We screen tenants for the Personal Character History in the areas of credit (how many and how do they pay their obligations), criminal (have they ever been charged with a crime – and do they confess it when asked), eviction (have they ever had an eviction filed against them or refused to pay rent for any reason), registered sexual offender status (have they had problems in this area in the past). Once a prospective (9 comments)
Questions that we are frequently asked as property managers in South Florida: Q-- Besides managing property, can you also lease my property and help me to find new rental property investments? How do you find tenants for your rental properties? A-- Leasing to the right tenant is job one. If you don’t get that right, nothing else seems to matter very much. The leasing process is about pricing the property properly for the market (and the time of year), exposing it properly so the “right” tenant has an opportunity to find it, and being patient enough to let time do its (3 comments)
I personally have been a "hands on" property manager for 32 years. In that time I have learned what works and what doesn't work. Like most professionals I got most of my "experience" from the things I tried that didn't work. Needless to say we don't waste our time or your money on things that don't work.
How do I find a good property manager? How can I tell the difference between a really good property manager and someone who is just getting by?
As far as I know, there is no list of "good" property managers. There are, however, some characteristics of a property manager that would be common to all property managers who would be considered as “good". Experience alone is not the most important factor. A "good" property manager will not only have a wealth of experience but also will possess a mature sense of judgment which comes from actual time (0 comments)
-How many years have they been in the property management business? -Many property managers have only been around for a few years while other have been in business for 25 years or more!
-Were those years spent full time or only part time in the business? -There is a big difference in being a full time property manager and someone who just tries to do it on the side (7 comments)