Welcome to the exciting business of real estate investment!
Whether you own apartment complexes with hundreds of units or whether you're just entering investment real estate with your first property, your choice of property management will be one of the most critical decisions you make. That decision will affect who your tenants will be, the fees you will pay and maybe most importantly, how well your property is maintained.
You understand or soon will understand the many concerns of an income producing property owner: vacancy, liability, maintenance and screening are just a few. To have the best success in investment real estate, your property management company should be as aware and concerned about those issues as you are. They should understand how vacancies impact your bottom line, how maintenance is tied to vacancy, what marketing venues work best and they should track the current pricing to maximize your rates of return.
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