7 Questions to Ask When Looking for a Property Management Company in Orlando

If you're looking for a company to manage your investment property, you've come to the right place! Being prepared with a list of questions to ask a new property management company is the best way to make sure you hire someone with the experience necessary to manage your home. Here are some of the questions we suggest you ask anyone who you are considering hiring:

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  1. How would you market my investment property?
    • There are so many different ways to advertise a home for rent. Make sure the company you choose has a clear, multifaceted plan for how to find the perfect tenant.
  2. How do you decide on the proper rent amount?
    • Performing an up to date Market Rental Analysis is the best way to determine what the rental value of the home is. Click here to submit for yours today if you're searching for a property management company in Orlando.
  3. How do you select tenants?
    • Extensive background and credit checks, income verification and rental history checks are the minimum requirements when choosing tenants. A good property management company will present all options to the owner for final approval.
  4. Do you handle any HOA requirements for the home?
    • Passing along all communication to your manager is one of the perks of having a property management company take charge of your property. Some will even handle payment of HOA dues if necessary.

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  1. How do you handle maintenance issues?
    • Many property managers have long standing relationships with local contractors and vendors, and may even have discounted rates depending on their volume of work. Find out what their response time is and take a look at reviews to see if tenants have left any feedback about their response to maintenance issues.
  2. How do you pay your investors and do you provide monthly/yearly statements?
    • Direct deposit is an easy way to ensure that funds are received in a timely manner. Monthly statements are essential to ensure that you are able to report accurate information when tax season rolls around.
  3. What sets you apart from other property management companies?
    • This is a great way to gauge what the company’s values are and make sure that they align with what you have in mind. Plus it will give the company a chance to gush over what makes them unique! 

Once you've interviewed your top contenders, it's time to narrow down the list and hire someone! Even though finding someone to trust in taking great care of your home can be overwhelming, it can also bring you peace of mind when you find the right fit. Hopefully this article took some of the guesswork out of the process and helps you if you're searching for a property management company in Orlando and beyond! Contact us if you want to hear our answers to these questions and make sure we are the right fit for you!

  • 7 Questions to Ask When Looking for a Property Management Company in Orlando
  • Don’t Take Our Word For It – The Importance of Orlando Property Management Reviews
  • Why You Can Trust JML Realty Investments to Manage Your Orlando Rental Property
  • What to Look Out for When Hiring a Property Manager in Orlando
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