What do you think makes a good property manager?

[Nina Penuela]

Hello BP!

I'm interested in hearing your thoughts on what qualities and skills make a property manager truly stand out. Whether you're an experienced investor or just starting, having a reliable and efficient property manager can make all the difference in the success of your rental properties.

Here are a few key traits I've found important, but I'd love to hear your insights and experiences:

1. - Communication Skills
2. - Organizational Abilities
3. - Knowledge of the Local Market.
4. - Problem-Solving Skills
5. - Proactive Maintenance
6. - Financial Management

What other qualities do you think are essential for a property manager? Have you had any experiences, good or bad, that highlight the importance of certain traits?

Looking forward to your responses!

[Adam Bartomeo]

Almost everyone said communication and although, communication is important it is NOT #1! I am actually pretty surprised at the answers here. It's no wonder so many people get taken advantage of... 

1. Integrity - Hands down is the #1 quality. Even if they are not communicating you can be assured that they are doing the right thing, the right way.

2. Execution - Execution is the reason you hire a PM in the first place, you don't hire them because of their communication skills. You hire them to execute with revenues and expenses. If a PM has integrity and is getting the job done, then there is very little to communicate about.

3. Communication - This is the #1 complaint about PMs throughout the US BUT if you really dig into the complaints then you will understand why the PM isn't communicating. The PM's aren't communicating because they aren't doing #1 and #2!