Call Carolinas Metro Realty at 704-405-0634 or email info@carolinasmetro.com

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What to look for in a Property Management Company?  Choosing the right property management company in Charlotte, North Carolina.

Choosing the right property management company for your rental property or investment property is very important.  What should you look for in a property management company?   Use the guidelines below when looking for a property manager or property management company in Charlotte, NC.

Cost – Property Managers usually charge a monthly fee.  These fees are typically around 8-12%.  Property Management companies often charge setup fees.  Choose a rental company that charges reasonable fees and offers lots of services.
Maintenance and Repair – Property Management Companies can have their own maintenance crew or contract out to other companies.  When choosing a property management company, make sure they have relationships with trusted maintenance and handyman personnel.  Also make sure they can handle all repairs.  Look for a property management company with 24/7 emergency maintenance assistance.  Also choose a company that allows tenants to submit maintenance requests online.
Communication – A successful property manager will utilize all different avenues of communication.  Find a property manager who is responsive to both email and telephone.  It is important to be able to get in contact with property managers in case of a emergency.
Marketing – Advertising and marketing rental properties is vital to getting your property rented.  Make sure the property management company uses all avenues of advertising – online, print, media, sign in yard, MLS.  Property management companies need to use state of the art technology and post your rental listing all over the web, especially in MLS.
Accounting – Choose a property management company that sends owners monthly statements and statements at the end of the year.  Make sure the property management company has a convenient method of sending, such as direct deposit.
Qualifying Tenants – Look for a property management company that uses stringent qualifying criteria for tenants.  The worse thing that can happen to your investment property is getting a tenant who does not pay rent or trashes the place.  Make sure the property management company does background checks, credit checks, referrals, and reviews income/paystubs of potential tenants.
Leasing Agents – The best property management companies have a staff of leasing agents.  Leasing agents show the properties to prospective tenants.  Having a full-time staff of leasing agents means there is always someone available to show the property.  This increases the likelihood of getting your property rented in a timely manner.
Testimonials and Reviews – Look at the property management companies testimonials and reviews.  If the company does not have testimonials posted on their website, ask.  A good property management company will have lots of reviews from clients.  Check out the reviews on search engines like google, yahoo, and bing.  Also check the Better Business Bureau (BBB) profile for the company.

Other important information and questions to ask property management companies:

How long have you been in the property management business?

How many properties does your company manage?

How many employees work for your company?

How much expertise and experience do your property managers have?

How do your property management company handle evictions?

Do your company have experience dealing with Section 8 properties and tenants?

Does your company allow tenants to pay rent online? How far away is your office to my property?

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Visit www.cmrpropertymanagement.com

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