Thursday, April 30, 2015

Property Managers - Part of the Problem or Part of the Solution?

The perfect Property Manager...
to have or not to have...
that is the question!

It would be nice to have a Property Manager who is actively pursuing tenants and who gets rewarded by finding tenants who cause little or no damage, and are stable families who want to stay in your property, right?

We've seen a lot of contracts and noticed that some charge a 200.00 fee every time a new tenant signs the lease.  That almost sounds like a scam against the Property Owner, doesn't it?  What is their motivation to keep a tenant satisfied if there is a constant flow of turnover?

We love the Property Managers who take pride in their ability to hire onsite Managers who will keep the landscape groomed, keep the facilities, for instance, the community center, well lit at night, and tend to little details which would want to attract long term residents.

If you were designing a contract for a Property Manager what would be important to you?  Let's get some feedback and see if we can come up with a contract that would be amazing for both the Property Owner and the Property Manager.  Let's be part of the solution instead of complaining about the problem.  Thanks for your ideas!

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