Investor · Winhall, VT · Member since 2016 · 106 posts · 44 votes
Hey Everyone,
I have two rehabbed units about to come online in Fitchburg Massachusetts right next to the college and would love any leads for an awesome property management company that you use in north central Massachusetts (Fitchburg/Leominster Area). Thanks in advance for any leads!
I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.
My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach out
Questions to Ask prospective management companies
* What are your average days on market for vacant homes?
* What is your average rent amount for all properties managed?
* What is your average work order cost for the owner?
* What is your average make ready cost for the owner?
* Are all my invoices uploaded to my owner portal?
* How do you advertise your vacant units?
* Do I receive video of my pre and post make ready?
* Do you have a setup fee?
* Do you upcharge on maintenance?
* When do you make owner payments? How often?
* Are you a Certified Property Manager?
* Are you a member of NARPM?
* What is your Guarantee?
* Do you provide move in and move out reports
* How many pictures do you take of the property prior to tenant moves in and after the tenant moves out
* Do you get weekly reports when the property is vacant what prospective tenants are saying about your home
* Do you provide monthly newsletters to your tenants
* Do you hold investor education classes to help me become a better investor
* Do you have single point portfolio based management services?
* How many properties do the owners actually own themselves?
* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits
* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
I sent you a message about our property management company. Let me know if you'd like to hear our client review from an owner with a property right next to FSU.
Check out SilverLiningsPM.com for more info on our team and a free quote. As investors, we manage property like we own it.
Steve has some great questions we can review on a call. Thanks for your time and best of luck with your search.