When hiring a Property manager what is on your check list?

[Jennifer Ryan]

What do you look for when hiring a property manager?

What are some red flags that tell you to avoid that property manager?

[Scott Passman]

@Jennifer Ryan  There are a couple great good worksheets in the "FilePlace" under the tools section of this site.  Just type in Property Manager and will give you 2 great questionnaires of things to look for and ask.  That has much of what I ask, but other things would be their attention to detail on their listings and how much effort they appear to put into them.  Responsiveness and willingness to take time with you to answer questions is huge.  Red flags might be things like signing a 12 month contract with them with payment penalties to break out, a litany of fees for odds and ends that's clearly designed to make you pay more, high costs to lease or turnover a unit, lack of transparency with maintenance orders/costs etc.  Lots of info on these threads about the topic, but those FilePlace documents might provide some good insight for you.