Best way to transition property managers

2 Replies

Hello BP, 

Can anyone offer insight into what is the best way to transition from one property manager to another? How does someone go about transferring all documentation, leases, tenant contact info etc..

I would ask your new management company what documents they will require from your old manager to assist in their transition. Also, I have found it challenging (depending on the tenant) that the payment of rent and requests for repair calls may be confusing for the tenant depending upon new procedures. You may request that your new manager explain how they will assist in this transition.

Most importantly, make sure the move in checklist is properly transferred and that there is no confusion regarding transfer of deposit.

It's great you are being so diligent!