One of your best assets is a solid property management company and so taking time to find a good fit for your needs is essential. When reviewing Detroit property management companies, search for one that will offer all the services you need while also keeping you informed. Within this article are three key considerations when searching for a property management fit for your needs.
Review a Number of Candidate Companies
While reviewing Detroit property management companies, you should look at a number of candidate companies because this will assist you in gaining a better understanding of what services you desire. You will also see who you are most comfortable with to entrust your property. A good property management company can not only make life easier for you, but is also capable of taking care of everything needed to run your investment smoothly.
Look for a Company That Keeps You Informed
There are many Detroit property management companies that can handle repairs, maintenance, evaluations, rent collection, vacancy advertising, property showings, tenant screening, background checks, and other services. However, look for a company that also keeps you updated on when your property is rented, when the rent will be collected, when maintenance/repairs are needed, and other aspects. Real Property Management Metro Detroit provides a personal online account where you can check the status of your property, view important notifications, access monthly financial statements, and obtain tax reporting information – available online at any time. From your personal online account, you also have access to photographs, leases, rents, information from property evaluations, maintenance activity, and comprehensive financial reports for a single property or a whole portfolio.
Make Sure that You Fully Understand All Agreements
Prior to signing any property management paperwork or agreement, thoroughly read the materials to ensure that what was verbally agreed on is also contained in the written service agreement. Real Property Management Metro Detroit will ensure that no surprises pop up with the service agreement.