How To Find The Right Pittsburgh Property Management Company for You
You own rental property – what an exciting investment! Now you have decided to hire a property manager to help protect your investment and ensure it brings you the greatest possible returns. I’m sure by now you’ve read many books and/or articles that have convinced you rental properties are a wise choice. It is also wise to do some serious comparisons with the many property managers in Pittsburgh. What should you look for in a property manager? Knowing the right questions and what to look for will help you avoid making costly mistakes when choosing a Pittsburgh property management company. Here are the three most important things to look for when looking for a property management company in Pittsburgh
Experience and Qualifications
Make sure the company you are looking at has experience. Don’t shy away from asking boldly how long a company has been in business and what their qualifications are, you should also ask about the support they have and their alliances with other professionals within the community. There are a lot of people out there that want to capitalize on people who don’t do their research. Avoid companies that overextend what they can really do by focusing on many different things. You want a management company that places managing your property as its most important job, not something they do until the next home sells.
Pittsburgh Property managers are required to have a current and valid real estate broker’s license. Property management in Pittsburgh, which includes renting and leasing activities and rent collecting, is considered real estate activity. It is important to know and understand the laws and required licensing to manage your property professionally. This avoids costly fees and penalties that can easily be avoided choosing a management company that knows, understands, and complies with local laws. This being said, a property management company whose primary business is not property management will not be focused on renting your property or running its day to day operations, be careful to ask the tough questions and get the right fit.
Responsiveness and Communication
We all want to be heard. When we have a question or concern, we want to talk to someone quickly and have issues resolved professionally. It is difficult to conduct business efficiently if your phone call or email is never answered or returned quickly. We are all available during normal working hours. But our maintenance is available 24/7.
Wouldn’t it be nice to be able to access information about your property with an online owner portal? Real Property Management Pittsburgh has an online owner portal that allows for a more transparent business interaction. You have the peace of mind of being able to know at anytime what is happening with your property.
Proper maintenance for your investment property is important to ensure that you have shorter vacancies and more long term residents. It is never convenient to have plumbing problems. No one likes the air conditioner to stop working on a warm summer afternoon. When problems like this happen, residents are happier when maintenance is fast and reliable. Numbers have shown that when maintenance/repairs are fixed within 4 days residents are much more likely to stay.
Owning rental properties is an exciting and profitable investment. Finding the right Pittsburgh property management representative is an important member to your team to guarantee your success.
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