Hiring the best investment property manager is a crucial decision. This is the person you will count on to keep your property in top condition and as profitable as possible. In your search, you will likely find several companies and individuals in your area who claim to offer excellent property management services, so how can you choose the right person for the job? Here are the top five qualities a high performing property manager will possess.
#1: Several Years of Experience
One of the most essential characteristics of a successful property manager is someone who has several years of experience. Find out how many properties they have managed and ask about references and reviews from their previous clients. An inexperienced manager will likely not have an in-depth understanding of local real estate laws and standard operating procedures. You don’t have time to provide training, so make sure to hire an experienced manager who can hit the ground running.
#2: The Right Mindset
Choosing a property manager who has an “investment mindset” will ensure your property is in expert hands. After all, you don’t just want a property to run without profitability or growth. You are in this business to make a significant return on your investment. With the right mindset, your manager will be able to see the big picture of your investment property, so they can make crucial business decisions that will contribute to your bottom line.
#3: Organization Skills
Property management has many moving parts, and the manager needs to have excellent organization skills to balance all the tasks with ease. From handling advertising and property tours to rent collection and property maintenance, the right manager will have established systems and processes to keep your property running like a well-oiled machine.
Your property manager will be the face of your property. They must be able to maintain good relationships with tenants and contractors while handling all business matters with expertise and professionalism. How they present themselves to others makes all the difference when it comes to your property image and long-term success.
#5: Stellar Communication Skills
Because communication is such a critical component of property management, strong communication skills—both written and verbal—are a must for your manager. Once you bring in candidates for an interview, you should be able to tell right away if a candidate has the kind of communication skills necessary to represent your property, communicating clearly and effectively with tenants, contractors, and other members of your team.
Choose Vineyard Property Management for Hiring Your Investment Property Manager
At Vineyard Property Management, our property managers bring more than forty years of professional industry experience in the Alpharetta area. We are locally owned and operated and go above and beyond to give you consistent, profitable results for your property. To schedule services with a team that has all the best investment property manager qualities, connect with us online now.