What Are Some Questions to Ask a Property Manager before Hiring T

[Steve Rozenberg]

What Are Some Questions to Ask a Property Manager before Hiring Them? 

[Laticia Braxton]

Totally agree with all of what Ray said.  Additionally, ask them how long they have been managing properties and what types of properties they've managed.  Ask for their definition of each of the class types to see if they understand the differences and nuances of managing each.  Ask what their biggest challenges have been thus far.  

There are a lot of people in unregulated areas, like ours, with little to no experience, setting up businesses and attempting to manage other people's investments.  Make sure your PM has experience so that your portfolio and financial well being isn't jeopardized by their learning curve.

Best of luck to you!