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Explore How a Property Manager Can Help You in Charlotte, NC
Property management is much more than just collecting the rent on properties each month. There are tenants to screen, background checks to run, maintenance to oversee, and issues among renters to resolve. If you're a Charlotte property owner or investor, it often makes sense to hire a property manager.
Property Manager Skills
Although they wears many hats, these are some of the key tasks a property manager can handle:
Help finding tenants
This generally involves marketing the property, running background checks, verifying employment, contacting references, and interviewing tenants prior to agreeing to the rental.
Collecting rent
Rent is the lifeblood of your business or investment. A property manager who collects rent on time and gets it to you quickly is crucial. Property managers also deal with late payments and, when needed, the eviction process.
Property maintenance and repairs
Whether they do it themselves or contract with an outside company, property managers must stay on top of maintenance requests and necessary repairs.
On-site property management
Having a property manager or assistant property manager who is regularly on location is ideal, since tenants can discuss issues and pay rent. It also helps to ensure damages and other issues don't go unnoticed.
Questions to Ask a Property Manager
One of the biggest differences between property managers is their fees. Be sure to ask potential candidates if they are paid by the unit regardless of vacancy, or if they are only paid when units are occupied. Ask about other possible charges too, such as after-hours rates.