How to Hire a Competent Property Manager

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<h1>How to Hire a Competent Property Manager</h1><strong> Author: <a href='http://www.articleseen.com/profile_Susan Burris.aspx'>Susan Burris</a></strong><br /><p>Owning a property to rent proves to be a rather sustainable way to facilitate consistent income. Furthermore, investing in rental homes can help improve your personal portfolio through real estate holdings. If you own a rental home in a different city or own more than one, its care and maintenance tends to become time-consuming and logistically difficult. With the help of a reliable property management company you will be able to outsource the burden of maintenance while you reap the benefits of the investment. While looking for property management services in Kansas City, follow the below tips and pick the right company. - Is the Company Licensed? Make sure the property managers you hire have undergone the approved courses and passed the state licensing exam. The person managing your investments should either be a licensed property manager or a property manager in charge. The later means that he or she can run a company and hire licensed individuals. The licensed holder needs to adhere to state-regulated norms with regards to handling your security deposits and rental incomes. - Can they Give References? Make sure you take out time to look at those properties that are currently managed by the company you are considering. Ask for the addresses of a few of the homes or apartments that they are responsible for and survey them. Check if the properties in question are in good condition and whether or not you would personally like to live here. - How much is the Property Management Services Fee? Is the fee they are quoting reasonable? While there is no market standard, depending on the area where your apartment or home sits, you should be paying about 8-10% of the monthly rental amount as management fees. - What Services do they include? Make sure that the property management firm in Overland Park is inspecting your real estate investments on a regular basis. They should be checking on the inside at least once every year and the outside once every quarter. This depends on your tenant turnover. Finally, also check with the company about their eviction rates. A higher rate is an indicator that the company is not screening the rental applications extensively. Also assess how the repair and maintenance issues are handled and the time frame and procedures adopted for monthly and annual accounting of funds. With a bit of research you will be able to find the ideal managers for your properties. </p><strong>About the Author:</strong><br />The author of this article is working in a leading <a rel="nofollow" href="http://propertymanagerskc.com/property-management-in-overland-park" rel="nofollow">property management firm in Overland</a> Park from years and always shares his views on property management services. For more details visit : propertymanagerskc.com/property-management-in-overland-park<p> Article Source: <a href='http://www.articleseen.com/Article_How-to-Hire-a-Competent-Property-Manager_307495.aspx'> http://www.articleseen.com/Article_How to Hire a Competent Property Manager_307495.aspx</a></p>

Article Source : http://www.articleseen.com/Article_How to Hire a Competent Property Manager_307495.aspx

Keywords : property management in Overland Park, property management,

Category : Finance : Real Estate