13 good background questions for a Property Management Company
Are you in the process of selecting a Property Management Company? The time you take doing due diligence can help you avoid financial losses. If it's an unknown area that you don't have much experience with, it can be difficult to imagine all the questions to ask. Below are 13 good questions to ask for this situation before choosing a Property Management Company
Their background questions
- How many clients and how many units do they currently manage?
- How long have they been in business?
- What differentiates them from other Property Management companies?
- Are they financially stable and will continue to be in business years to come?
- How many people do they employ?
- What is their reputation?
- What type and size of real estate investors do they typically have as clients?
- What do they do to keep them and their staff up-to-date and educated?
- Are they insured?
- Do they have the required licenses to run their business?
- Are they part of any industry associations or other professional organizations?
- Are they part of a franchise or privately owned?
- Can they give you a few references?
If you need more inspiration for relevant questions to ask before choosing a Property Management Company you will benefit from reading the 130 questions to ask before choosing a property management company checklist.
