When you are choosing a good property manager in Kissimmee, it is really vital that you don’t just choose the cheapest person in town. You need to choose the right fit for you. You want to feel good about your manager, and if you feel like you click and you’re on the same page, then you will probably get the best service.
Be Honest About Expectations
Tell the property manager who you are and what you want right up front. Be honest about expectations, and ask your manager to be as honest as possible with you. You need a manager who can tell you whether your expectations are reasonable, or whether you are out of your mind. One of the landlords I recently spoke to said choosing a property manager is like starting a new romance. Your property manager will tell you what they think you want to hear, and you’ll do the same. Then, three months later you wonder what happened and you feel stuck. We don’t want that to happen to you, so be honest from the beginning with your manager.
Be Realistic About the Relationship
Remember that nobody can work miracles. Some homeowners aren’t realistic when it comes to repairs and the upkeep of the house. There are things that tenants are responsible for, and if they willfully damage the house by putting holes in the walls or bleach on the carpets, they will need to pay for those. But, if the dishwasher breaks down, you will be responsible. If the carpets wear out, you’re responsible for that as well. This is an investment that will require ongoing reinvestment. We recommend that you set aside at least 10 percent of your gross rental receipts to put towards repairs and replacements. It doesn’t matter if you have $1,000 or $10,000 in there; keeping your reserve account buoyant means that when repairs are necessary, you’ll have the money to spend.
Conduct Online Research
The internet seems to know everything, so start your research there. Use a search engine to look for property managers. Read everything you can about the companies you find. Read good and bad reviews. Good reviews may be paid, and bad reviews might be just disgruntled tenants. Weigh them and decide if you want to find out more about the company.
There are three more things to consider when you’re narrowing down a property manager in Kissimmee.
- Call several times when you’re interviewing a manager; morning, afternoon, and early evening. This will show you how responsible they are about picking up the phone or calling you back.
- Experience matters. Choose a property manager who has done long term rental management for a while. You don’t want someone who specializes in short term or vacation rentals because the industries are very different.
- Find out if they have an online system so you can check bills, invoices, repairs, and access other information. Most systems will allow you to download statements. You also want to be sure the system will update in real time. You may want to check your account late at night, and you want all the information to be current.
If you have any questions about finding property management in Kissimmee, please contact us at McCormack Realty & Renter’s Choice Homes.