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Granada Hills-Property Management

 GRANADA HILLS PROPERTY MANAGEMENT

 

Hiring a Great Property Manager: 16 Questions to Ask

 

Hiring a quality property manager doesn’t have to be like randomly selecting a piece of chocolate out of a box.  There are several things you can do to identify the right property manager without having to bite blindly first.

The first key to hiring a great property manager is to talk to other investors and industry professionals in your area.  It’s a must for finding the right fit for you and your property.  Asking for recommendations from people you respect will allow you to quickly put together your list of quality property managers to interview.  Find out who they use and recommend. Ask them who they have heard is good.  A good recommendation is always better than randomly picking names out of a phone book.

Once you have your initial list of recommended property managers together, it’s time for you to interview them.  The following is a list of 16 questions you should ask a property manager when you first interview them.  I recommend asking these questions over the phone to get your initial impression and save you time.  Then, once you have it narrowed down to your final three, it’s imperative that you meet them in person before making your final decision.

16 questions you should ask a property manager before hiring them:

  1. What services do you offer? (leasing, maintenance, accounting, etc?)
  2. What size and type of properties do you typically manage?
  3. How many properties do you manage?
  4. What property management/accounting systems do you use?
  5. What are your fees and what is included?
  6. How are they licensed and insured?
  7. Do you manage or own properties in the area and if so how many and where?
  8. How many property managers do you have and how many properties do they manage?
  9. How long have you been in business and do you have references? (make sure you call them)
  10. What is the average length of time you have managed your client’s properties for?
  11. What type of information and reports do you provide your owner on a monthly basis?
  12. What is your marketing plan for the property and how do you typically market similar properties?
  13. How do you charge for repairs and maintenance?
  14. What is your average vacancy?
  15. Do you have a copy of the management agreement that I can review?
  16. What are your tenant qualifications and how do you screen them?

Since 1946 the Carnahan name has had a reputation for honest and ethical Real Estate Property Management services in the San Fernando Valley, Santa Clarita Valley, Burbank/Glendale, Los Angeles, Westside and Conejo Valley areas.

The reason for our success is helping owners like you when they need it. Below is a partial list of property management services we provide to help you protect your real estate investment.

Call or e-mail us today for more information. We’re ready to get started!

  • Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando Valley, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.

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