Seeking advice on how to choose a good property management company

[Christian M.]

This is my first time renting out a property. I will be living out of state away from my property so I want to be educated on how to properly choose a good property management company. I am looking for things I need to avoid or look for. Any advice is extremely helpful! Thanks!

[Erin Spradlin]

Quote from @Christian M.:

This is my first time renting out a property. I will be living out of state away from my property so I want to be educated on how to properly choose a good property management company. I am looking for things I need to avoid or look for. Any advice is extremely helpful! Thanks!

I work with a lot of consulting clients that have this same issue for their midterm rental. I really discourage you from getting a property manager for your MTR. They take a lot of money, and often my clients are most unhappy when they hire a PM to manage their midterm. I recommend listing on two platforms and to hit the ground running. You'll learn quickly, save yourself money and be the most motivated to get the right medium-term rental tenants and the keep it occupied. (If you have questions on this, DM me. Probably 50% of my clients manage their midterm rentals from out of state.)