When you need a managing firm to run your Arlington, VA apartments, be selective in your choice.
Make a list of questions you can ask property management candidates during your interviews.
From the answers, you will soon learn which firms are reliable, and which ones to avoid.
Here are some sample questions you should include when assembling your questionnaire.
1.
What kind of media outlets do you use to advertise vacancies? The more different media solutions are used, the quicker you will have new renters in your Arlington, VA apartments.
2.
How do you collect rents and other sources of income? Rents have to be collected on the first of every month.
If renters are behind in their payments, your management firm should follow up immediately to ensure that you will receive your money.
The collected funds should be either delivered directly to you or deposited in a specified account.
3.
Do you pay bills associated with my Arlington, VA apartments? A competent property management company will not only collect rent, they will also pay bills.
They should pay the contractors hired to maintain the building, night watchmen, landscapers, cleaning crews, etc.
4.
Will you be a liaison between the renters and me? Even though you may not be involved in the daily operations of your buildings, you still need to know what goes on.
Are the renters pleased with their apartment? Are the repairs completed in a timely manner? Is the building secure and clean? It is vital that you are thorough in your investigation.
Remember, if your renters are displeased with their building manager it will reflect on you, and your reputation.