There are a lot of good property managers out there—but during times like these, you want a great one. Owning and operating a rental property can be stressful, time-consuming, and expensive—even when you're not facing down a pandemic. This is why it's so important to work with an outstanding Castle Hills property management team who can ease the burden and take your business to the next level.
However, it's not always easy to find the right property management partner among all the chatter. Even though Castle Hills is right on the edge of the San Antonio bubble, chances are you still have a lot of metro property managers to choose from. How do you know that you're making the right choice? A little research and some tips from an expert in Castle Hills property management can help steer you in the right direction.
- The number one way to find out the quality of a property management company is to read the testimonials of property investors and landlords who have worked with them.
- Be sure to always read unbiased owner reviews of the property management company you are considering.
- A good company should make it easy for you to read what the property owners they've worked with have to say.
But don't stop there: talk to property owners in person if possible, and listen closely to how they describe their experiences working with the company in question. Chances are, if their experience was overwhelmingly positive or overwhelmingly negative, they'd be eager to tell you about it. Even in today's digitized world, word of mouth is still sometimes the most reliable.
Awards and Testimonials
Checking to see what kinds of awards and recognitions your property management company has received is a good way of seeing how they've made an impact. And while it's nice to see that they've been recognized within their industry, or on a national level, what you really want to look for is local awards and recognition. This is how you know your Castle Hills Property Management company is dedicated to the local community.
When in doubt, check the stats! Numbers don't lie, and one of the best ways to assess a property management company is to get real facts and figures about how well they've performed. When you're interviewing a company you might want to work with, be sure to ask tough questions, such as:
- What are the vacancy rates in the properties you manage?
- How long is your average time to lease?
- What is the average length of a tenant's stay?
The length of an average tenant's stay is a particularly good indicator of how well-managed property is because it reflects not only a profitable situation for the owner of the property but suggests that the tenant was satisfied as well. For example, at Real Property Management Campanas, our average tenant stays over two years.
Resources and Experience
There are some great upstart companies out there ready to make a splash—but overall, when you're looking for a Castle Hills property management partner, you want a company that's been around and seen it all. A seasoned, experienced property management team will know how to best manage your property, and won't be surprised by any unexpected issues that pop up. They also need to have a firm understanding of local laws concerning rental property.
With over 25 years of experience and more than 250 offices nationwide, Real Property Management offers the best of both worlds. We have the resources of a major national property management company with the local experience and boots-on-the-ground dedication of those who live, work, and play in the San Antonio area. We're Texans through and through—and that translates into the care we can provide the property owners that we serve. It's crucial that whichever property management company you partner with should be able to provide the same level of local expertise!
A lot of Castle Hills property management companies offer a similar range of services, but that doesn't mean they're all the same. A great company will offer a lot of the basic services you'd expect (i.e., maintenance, rent collection, tenant relations), but they shouldn't stop there. Look for a company with the ability to effectively market and advertise your property, screen tenants, and run a rental analysis to help you set the right rent.
A great company will also offer you options. Not every property is the same, and not every property owner needs the exact same solutions. Look for a company that offers a variety of service packages to suit every owner's needs and budget. Never work with a company that thinks every property or investor is the same.
Ready to Learn More?
Ready to learn more about finding the best Castle Hills property management company? We're here to help! Our team at Real Property Management Campanas is the local expert for the greater San Antonio area, and we pride ourselves on offering the best property management services in the region.
One of those very services is ensuring that Castle Hills property owners have access to the best resources available when finding the right property management fit for their investment! To get started, download your FREE copy of our guide to finding the best property manager in the San Antonio and Castle Hills area, then reach out to us! We're always happy to help property owners find their path to financial freedom.