Property Management Blog

Questions to ask before hiring a firm for rental management Florida

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Property Management Blog

If you are on the lookout of a rental management Florida firm, then it is evident that you already know the multiple benefits of hiring one in the first place. You are indeed taking the first step in enjoying your passive income! But do make sure to go prepared while interviewing the potential candidates for managing your property.

  1. Fees vary greatly in different parts of this state; so make sure you find out how much the firm is charging you for managing your property. Ensure that you understand the different percentages and figures in order to not receive 'surprises' at a later stage.
  2. Has the firm managed properties similar to yours? Why not consider driving by these to see how they are doing?
  3. Who is actually going to handle the property? Management firms have several candidates, so make sure you speak in-person to the one who is actually going to act as a go-between you and your tenants. Furthermore, what advertising methods are they going to implement for advertising and marketing your property? Are these going to cost you extra amounts?
  4. Is the firm going to charge you extra for evictions and other procedures that require legal know-how? How is the firm going to keep you in the loop regarding accounts and other reports?

All these questions can help you choose the best company for managing your rental properties.