I am purchasing several duplexes in Chattanooga and need a property mgmt comoany.
The best place to go to search for good property manager is the National Association of Residential Property Managers. www.NARPM.org
You are able to search for members in your local area and then look for members with designations like Residential Management Professional (RMP) or Master Property Manager (MPM). These are property managers that are cut above the rest, and the ones that can be trusted to provide quality service and care for your investment property.
Also another designation to look for if you can find it is a company that has there CRMC designation. There are only about 50 management companies that are Certified Residential Management Companies. (CRMC).
These are companies that have been audited by the National Association of Residential Property Managers and have demonstrated a high standard for both procedures and customer service.
Again, I believe the best way to find a good property manager is to seek a property manager out and has invested in advanced training and education and has attained designations, usually they also have years of experience.
Thanks @Kevin Knight for the info.
Call First Property Management in Chattanooga, Randy and Brian are good people to work with. http://firstpmusa.com/about-us/our-team/
And call me to help with future purchases. Good luck.
You can also go to IREM.org search for ARM certified property managers. Call 5 ask them what they see expenses running per category per unit. What do they see them selling for per unit, what is the market occupancy rate. What are the market rents? Ask them if they know anything coming up for sale. Great way to pick up some good info and possibly a deal.
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