Here we discuss Residential, Commercial, Multifamily, Resort and Association Property Management. Learn more about how to choose a property management company to manage your property, tips on how to get more out of your property, investing tips and more.
Its important that they keep the house fully up together and that all of the correct fixtures and fittings are in place. Everything must be fully maintained and damage must be attended to as soon as possible.
It is a good idea to make sure that the property management company you are using has bonded and insured contractors for repair work. It's best to have a management company that does regular inspections of your home, preferably using either video or still photos. A good property management company is also able to screen for criminal background, employment history, credit rating, any past evictions, etc. Proper screenings will lower your eviction rate.
Its a really wide area, but at the very least, the PM must be capable of handling every type of tenant situation and have authorized, skilled service providers. Your insurance could be invalid if you willingly let amatuers work on your proeprty & it burns down due to poor quality wiring for example.In Romania, all this is relatively new & unexplored turf. Damian Galvin www.WhiteMountain.ro