List of questions to help interview potential team members

[Dan Grove]

Hello BP friends,

I am in the process of building my very first team and have been interviewing many people.   During these interviews I often find myself unsure of what questions I should ask. 

Does anyone have a list of questions that are good to ask a potential:

1. Agent

2. Property manager

3. Contractor 

4.  Lawyer 

5.  Accountant.  

It would help me greatly to have a ready made list of questions to ask that I can have ready to go for these interactions.

Getting closer to property #1

Thanks

[Eliott Elias]

Property Managers

• How long have you been in business?
• How many properties do you manage?
• How many employees do you have?
• Who will I be speaking to regarding leasing accounting and maintenance?
• How long does it take you to lease a property?
• What platforms do you advertise on?
• What is your property management fee and leasing fee?
• What reserves do you require?
• Can we cancel the contract at any time?
• Do you charge a fee for move in or move out inspections?
• Do you mark up on maintenance services?
• up to what dollar amount can you make decisions without my permission?
• How do you handle evictions, and if any, what costs are associated?
• If tenant security deposit is seized when do I receive it? (Do they take a cut?)
• How many quotes do you get before proceeding with a vendor?
• Is there a portal where I can see all my statements?
• Meet once a month for property review
• Send me a copy of your property management agreement, lease agreement, and monthly financial reports.
• What security deposit do you require for your tenants?