Archive for the ‘Hiring Property Manager’ Category

Under the Hood, Part III: Property and Time Management

Do you know what happens to an engine when the timing is off?   The last two weeks, we’ve talked a little about some of the background processes that are invisible to our clients, but...

How to Evaluate a Property Manager: Deal-Breakers

Some things you can brush off. These you can’t. Property management is one of many industries that operate on what market analysts call “asymmetry of information.” In other words,...

5 Things A Property Manager Does For A Home Investor

One heck of a lot more than the guys who put out ads like this: Sometimes, it’s easy for a property manager to forget that there are home investors out there who simply don’t know why...

Questions to Ask a Potential Property Manager, Part 3

“How many licks does it take to get to the center of a Tootsie Pop?” — Sample Question not appearing on this list. If you’ve been following along, you know the drill by now...

Questions to Ask a Potential Property Manager, Part 2

“When does the bridge flow, and the river remain still?” — Sample Question not appearing on this list. You’ve asked your prospective property manager everything you need to...

Questions to Ask a Potential Property Manager, Part 1

“What is the difference between a duck?” – Sample Question not appearing on this list. So you’ve decided to hire a property manager — awesome! But how do you know which...

The Seven Most Common Complaints about Property Managers

We Started With a List of Twenty-Three, But We Narrowed It Down. It’s a little close to home, to be a property manager and decide to research what owners & tenants complain about their...

The Only Great Reason to Not Hire a Property Manager

…is that you really want a job rather than an investment. There are a lot of property investors out there right now — probably more in the last five years than at any point in time since the...

Is Your PM Focused on Managing or Selling Houses?

  If the choice comes down to taking care of an existing property, or selling you a new one, what is your PM’s priority? There are a lot of property managers out there that also sell...

How to Hire a Property Manager for Your Rental

This is one situation where DIY has gone DNR. Why would you want to hire a property manager when you could very well manage your new rental property on your own? There’s quite a few reasons,...