Questions to Ask Your Property Manager:
- How many vacancies do you currently have, out of how many total units?
- What is the average time it takes to fill a vacancy?
- How do you market your rental units?
- What factors would cause an applicant to be rejected?
- Can I see a copy of the application and the rental qualifications?
- Would an applicant be accepted if they met the qualifications in some areas but not others?
- Which qualifications are most important in the decision making process?
- Can I see a copy of a lease?
- What percentage of tenants must be evicted?
- How are maintenance and repair issues handled?
- How long have you been a property manager?
- Do you personally invest in real estate in this area?
- Do you require a contract?
- May I have a list of current or former property owners for references on your service?