The Key to Choosing the Right Property Manager

The Key to Choosing the Right Property Manager

An important part of being a successful landlord is the property management. For some, the decision is to self-manage. Other owners decide to hire a professional property manager.

The right property manager can be a huge asset. But not all property managers are are the right property manager for you.

Because property management can be a complicated business, hiring the right property manager takes thought, research, and tenacity, but taking your time in this process will pay off down the road.

The right property manager is your business partner, the protector of your home, and should represent you in difficult situations that can pop up. You want someone you can trust with your money. Over all, property management is about great communication, both with you and your tenants.

How to test their communication skills? Here are some ideas.

Looking Online

Take a look at how a potential property manager deals with their tenants and owners online. Their website should be informative, providing as much information as possible to the tenants. Tenants should be able to pay online through the website, and contact the property manager directly for maintenance issues or questions. The owner should be able to check the the status of their property and bank account through the site.

Google reviews can also tell a lot about the company’s communication skills. You don’t necessarily want to see all 5-star reviews. Sometimes negative reviews can show you more about how a company operates than the good reviews. How?

Look at whether the reviews are answered by the company, and if so, how they answer them. The right property management company will be courteous, helpful, and try to solve the issues people talk about. In this business, there will always be people who are upset about something—they are emotionally invested in their home. But a good property manager will handle these issues with professionalism.

They will also not be afraid to deal legally with tenants that step over the line. You want to see that the property manager has policies and lawyers to handle potential problems that may arise.

Interacting with the Company

Call your potential property manager and ask questions. See how the staff treats you. You want professionalism and courtesy.

Drop in on a company you’re thinking about hiring and get a handle on the work atmosphere. Happy property managers mean good ownership and a successful business. Stress in the workplace might show potential problems.

Pick up any literature they pass out to potential clients and tenants, and see if it all agrees with your concept of good management.

Reading the Legal Documents

Get a copy of the lease, management documents, and anything else that is provided to the landlord or tenants. This way, you can go into your first meeting informed about their legal materials.

Many of your questions can be answered by examining the lease/property management contracts before your first interview with the property management company.

Make up a list of questions you have as you do the research. Then schedule that first interview. Don’t leave until all of your questions are answered, and you are sure the management company is right for you!

The Key to Choosing the Right Property Manager

The key to hiring the right property manager is good research on the company, and being prepared for your first interview with them. Find property managers who will do the important work for you so you don’t have to.

Ultimately, you want to make money on your rental property while being free to develop new properties, take vacations, or do other work, while still maintaining your tenant standards. Finding the property manager that is right for you is the first step to success.

Are you ready for a property manager to help you with your rental property in Phoenix? Call All County® today at: (602) 753-0333 to see if we’re the right property management company for you.

How We Make Your Rental Property Profitable

How We Make Your Rental Property Profitable

There are many reasons that using a property management company will help your rental properties be profitable. Here are some management services we are proud to offer our property owners, showing in more detail how we make your rental property profitable. In a future blog, we’ll talk about how we’ll get the best tenants for your property, and keep them there because of our good management. Stay tuned for that gem!

The All-Important Leases

Reservation Fees

After we verify the tenant is right for your rental, we require a Reservation Fee to take the property off the market.

But the tenants don’t mind! The fee is credited to the first month’s rent when the lease is finalized.

A Strong Lease

Our leases are annual leases, and are reviewed by an attorney who specializes in Landlord/Tenant Law. We continuously update our leases to stay current with the changes in local and state laws. This is a good perk, because the average owner won’t be up on these laws, but we are.

Educating Tenants

We clearly define Tenant Responsibilities, and make sure every tenant understands what is expected of them, giving us the ability to enforce lease requirements.

The Traditional Security Deposit

Tenants expect to be charged a Security Deposit. We collect it when the lease is signed, and hold it in a non-interest bearing Escrow Account.

Collecting Rent

Our collection and distribution of rent is a vital part of our service to Owners. We pride ourselves on getting rent checks out to our Owners by the 15th of each month.

Tenants have several options on how they can pay, including an online option, making it very easy for our tenants. This helps assure we’ll have few problems collecting the rent.

Making Sure Your Property Stays in Good Shape

Handling Emergencies

All County® is on call 24 hours a day, 7 days a week. All maintenance emergencies are handled quickly and in a cost efficient manner.

Routine Maintenance Requests

Non-emergency maintenance requests must be made in writing to prevent frivolous requests. Again, tenants can use the online maintenance portal to submit their requests, so we have good records of what your property needs.

Then we get the work done! We use only licensed and insured Independent Contractors for the Owners protection. We want to make sure the work is done right.

We want to make sure you get the best deal on property fix-ups and improvements! Due to the high volume of properties we handle, we secure excellent rates from our Vendors, and this savings is passed directly to our Owners.

Regular Inspections

To make sure your property stays in good shape, we do inspections on a regular basis. This way, we can ensure tenants are complying with the Rental Agreement.

Our Management Fees

A lot of people don’t want to hire a property manager because they think it will be too expensive. Nothing is farther than the truth!

A property manager will make your investment property profitable! Your property remains in good shape, you get good tenants because of our background checks, and your rent is collected on time and given to you. You can see everything through our Owner Portal online.

Our attorneys are experts in the property management field and can handle leases, evictions if necessary, and any other problems that may arise.

We keep the property rented, so you don’t have to worry about losing money on an empty property.

All this adds up to you having no hassles or middle-of-the-night calls, and getting the rent money you need. This means that the management fees are worth it!

Due to our success over the years, we have been able to keep our fees low. Our philosophy is: When you make money, we make money!.

When your property is vacant and costing you money, it is costing us, too! That means that when you hire us, you hire a team of experts that are motivated you make you a success.

In Summary

We’ve only touched on what it takes to manage your property successfully. There is much more to to it, and remember: throughly check out any PMC before you hire them. If you have any questions, or are interested in hiring All County to manage your property, call us today at: (602) 753-0333. We can help you find, purchase, and manage a rental property in Phoenix. All County is on your side!