5 Questions to Ask Before Hiring a Property Management Company in Greenville SC
August 18, 2016
Finding the right property management company in Greenville, SC can be a difficult task, especially if you’re new to real estate investments. If it’s done right, you can create a long-lasting relationship with a great firm such as SRP Management Greenville in Greenville, SC who can relieve you of the day-to-day tasks and hassles involved with renting out your properties as well as ensure that your efforts are profitable.
First things first; you’ll need to find out if the companies you are looking into have great reviews, what types of properties they manage, and if they can send you a list of references. If they are not able and/or willing to provide these for you then you should not move forward with these companies. Also make sure these companies actually manage properties, as some firms only sell properties.
If they pass the initial requirements listed above, make sure you ask these five questions to help you determine the best property management company in Greenville, SC for you before signing any contracts: 1. How do they advertise vacancies?
You want to find a firm that will aggressively advertise your vacant properties so you can minimize your vacancies and gain more profit. 2. How do they screen tenants?
Background checks for potential tenants are very important to reduce the risk of major losses as well as provide you with peace of mind. 3. How do they handle after hour emergencies?
All respectable property management companies in Greenville, SC should have a system already in place for dealing with after hour emergencies. If they don’t, it’s a huge red flag. 4. What is their process in collecting past-due rents?
It’s also a red flag if the property management firm doesn’t have a good process in place for collecting past-due rent, so make sure the companies you are looking at have one. 5. What type of liability insurance do they have?
It’s very important to have protection from lawsuits in this industry, so make sure you’re covered!
So there you have it! Remember to ask these 5 questions before hiring a property manager in Greenville, SC and you should be able to establish a great relationship. Of course you should always read the fine print as well. Good luck with your investments!
SRP Management Greenville is a professionally licensed property management organization providing full service residential and commercial property management services in Greenville, Spartanburg, and Anderson as well as serving the entire Upstate and surrounding areas. Our portfolio consists of single family homes, condos, duplexes, apartments, mobile home parks, and commercial rentals.
Our customers are the reason we are in business. Without them, we have no business. We will treat each customer as we would wish to be treated; fairly and with respect. We will consistently provide our customers with the highest quality service and products with exceptional value.