You should consider the experience that the company has and also check that they are licensed and certified. You can also look for reviews or get references from past clients who have worked with the company. Then proceed to ask questions and also decide on services to be offered and also things in the property management agreement. Also, check that they have appropriate insurance and after that, you can hire the company.

A property manager does several things involved in helping you with the management of your property and some of them include; determining the rent price, preparing vacant rooms, organizing adverts for vacancies, handling all tenant issues, collecting rent, handling repairs and maintenance, and ensuring the property is legally compliant.

Property management companies usually charge a percentage of the rent collected. Generally, the rate is between 8 and 12%, though it can increase based on other services that can be offered by the company.

A property management company, just like the name implies, is a company that helps individuals with the management and maintenance of their property for a particular fee. They do a range of things including helping to collect rents and also handle all tenants’ communications.