It can be a fun experience to purchase your first real estate investment. At some point you will reach the point where your investment properties will need to be managed. Your success depends on choosing the right property manager. There are many considerations that go into choosing the right manager including:

  • The experience level of the property manager
  • How their fee structure is set up
  • The type of management software and technology they will use
  • How property maintenance is handled
  • Are they an independent property manager or a franchisee?
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Also consider some of the softer skills property managers should possess such as:

  • Effective communication skills
  • Their style how much you want to be involved
  • Demeanor and how they treat and respect others