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Find A Property Management Company

Members can use the BiggerPockets Directory to search for property management companies in a specific location. If you are looking for a property manager or property management company to help manage your investment properties, this is the tool for you.

Please use the filters to search for a property management company in your area. Once the results are displayed you can use the metrics on the right to see how active these companies are on BiggerPockets. Users are able to see deals, referrals, forum posts and the number of upvotes by other BiggerPockets members on this metric card. Users are also able to decide on a property management company based on the specialization displayed on the metric card.

Questions To Ask A Property Management Company

Before hiring any company for your investment property, you will want to make sure that you have asked the right questions. Here are some questions you can ask a property management company you are considering to hire.

Are you a licensed property manager?

It’s good to know if you are working with a company that is properly licensed. This means that the company has met the requirements for this license such as 30 hours of education approved by the real estate board and other qualifications.

How many properties are you currently managing?

This question will give you a clear idea on the company’s size and expertise. It will also help you determine if you think they can handle your property or if they would be stretching themselves too thin.

How do you screen potential tenants?

You want to make sure they have a thorough screening process so you fill your property with great tenants.

How do you handle maintenance work?

One of the biggest responsibilities of a landlord is upkeep of the property. You will want to make sure the property management company has a clear process for handling maintenance requests.

How do you collect rent?

Property managers should have a policy in place on how rent collection is handled. Do they pick it up, or do tenants mail it? Perhaps the tenants can take it right to the bank? Every lease should outline exactly when the rent is due, the amount due, and any late fees associated with a late payment.

Do you have references?

Always ask for references and call them to see how other property owners liked the property management company.

What strategies do you use to fill vacant rentals?

Your property manager should be advertising properties through a variety of channels. If they are still just placing newspaper ads and hoping for the best then you should steer clear.

What is your average vacancy rate?

Consider whether this vacancy rate is above or below the area average.

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