If you're still deciding if rental properties are for you, you're probably also considering how to manage them.
The right property management company makes your life as a landlord easier and more profitable, but how do you know which San Antonio property management company is the best one?
Here are a few key things to consider when interviewing and selecting your property management company in the San Antonio area.
Knowledge of the Area
Even if you aren't local to your properties, your property management company should be located here in San Antonio. They should be intimately knowledgeable about the area.
The best property management companies know everything about the local real estate and renters market. They should be experts in advertising and listing homes that appeal to the best renters for your properties.
The company also needs to know what makes San Antonio a great place to live and work. Attracting quality, longterm tenants is a critical part of the job. Your local property management company has to be the best to make your investments worthwhile.
Good Local Referrals
A property management company might look great on their website. Be sure you check other local Alamo Heights sources for referrals to get the real story from other property owners such as yourself.
Third-party online reviews are a great source to learn how a property management company performs. A google search of a company's name can turn up both positive and negative feedback about a company. Look for information from other landlords who have used the same company.
If you know any other landlords in the area, ask them directly for referrals. As you interview property management companies, ask them for other landlords you can contact. The company should be willing to provide contacts for you to speak with for references.
Hearing directly from landlords who use the company you want to use is a great way to find the best property management company for your needs.
Learn How They Work
It's important for your style to work well with the style of your property management company. You'll work closely with them to keep your properties occupied and profitable.
Do you like a more hands-off, everything handled relationship? If so, you need a property management company that provides a one-stop solution. From advertising and showings to tenant screening, maintenance services, and collecting rent, choose a San Antonio property management company that does all of these things well.
If you only need listing and screening services, be sure your property management company will give you excellent service if you only use some of their services.
Be sure your communication styles jive, too. If you need a lot of interaction and frequent communication, talk that through with the companies you interview. If you prefer monthly reports and only hearing when something goes wrong, talk that through, as well.
Check Their Stats
Find out how long properties stay vacant with any property management company. How do they advertise? Where do they advertise?
Vacant properties mean you're losing money. Your property management company should be proactive about keeping tenants in your properties with little downtime between tenants.
They should have a significant presence anywhere rental properties are advertised in the San Antonio area.
If you research a property management company with a track record of long vacancies or frequent property turnovers, walk away. This is a sign that they aren't overly concerned about keeping your properties occupied. High tenant turnover can indicate an issue with the screening process.
What Are the Perks?
You might find a few property management companies with good referrals and rental statistics. On paper, it might be hard to decide which company is the best one for you.
Ask about perks. What do they do to go above and beyond for you and your tenants?
Check for the latest technology. Today's best property management companies use technology to automate and streamline operations. This type of customer service helps you get paid faster and helps ensure nothing falls through the cracks.
Do they also offer professional photography for your listings? How often do they inspect properties? Can tenants request maintenance services online 24 hours a day?
These might seem like small things, but as part of the big picture, these perks can help you choose the very best San Antonio property management for you.
We Are San Antonio Area Experts
Real Property Management Campanas is your best choice for property management services in the San Antonio area. Our job is to maximize your investments while helping you avoid hassles and saving time.
Contact us anytime to set up your free property analysis and consultation. Not sure what you are looking for in a property manager? Download our Free Guide to Finding the Best San Antonio Area Property Manager for a helpful checklist to use when you are interviewing property management companies.