Considering Hiring a Redding Property Manager?

What’s Your Level of Experience?

If you ask this and discover the person has never managed a property until now, it’s best to look elsewhere, since it’s a good bet they may not know much about real estate investing. However, when you work with us, we manage your properties like a long-term business, making the best strategic decisions to ensure your investment pays off as much as possible.

How Do You Determine Rent?

To determine an appropriate rent, a good Redding property manager uses not only their experience but also an in-depth market analysis of similar listings near the properties. However, we take it a step further by also factoring in other aspects of your rental property, such as a swimming pool, new kitchen, or other amenities.

Are You a Current Real Estate Investor?

If a company is not active in real estate investing, find another company because they probably lack the understanding needed to succeed in today’s market. That’s not the case with us since we have been active in the market for years and understand what it takes to create a strong, consistent cash flow for your properties.

Can I Cancel My Contract?

If a property management company won’t let you cancel a contract, find another company. By offering great service, we feel that’s the best way to retain clients.

What About Management Fees and Pricing Options?

In this area, it’s best to opt for a percentage of collected rents. By doing so, the company has much more incentive to have few vacancies, since they don’t get paid if there are no tenants.

Are There Fees With No Tenants?

If there is one thing you want to avoid, it’s fees when your property is empty. After all, if a company charges you a flat rate fee even when there is a vacancy, how motivated will they be to find a renter?

Any Miscellaneous Fees?

Before signing a contract, make sure there are no miscellaneous fees. As business people know, if it sounds too good to be true, it probably is, so ensure you’re paying as few fees as possible. We have heard of and seen our competitors charging maintenance fee’s, set up fees, software fees and inspection fees.

What About Selling the Property?

While some companies will make you let them sell the property if you want to list it, we’re not like that. Considered bad business practice, we choose to give our clients as much flexibility as possible.

Is Direct Deposit Offered?

If a property management services company or Redding Property Manager doesn’t offer direct deposit to owners, they are far behind the times. If they can’t deposit your check into your account, there are probably lots of other things they can’t do as well.

How is Rent Collected?

To ensure you get paid as quickly as possible, make sure your property management company lets tenants pay online. If they don’t, look elsewhere.

Do You Offer Property Inspections?

A vital aspect of this field, property inspections is a must to ensure problems are detected while they are still manageable.

What is Your Typical Vacancy Rate?

Based on our experience, we have found the average vacancy time is no more than four weeks. If it’s far less than this, we believe the rent is too low. If it’s longer than this, the manager is having trouble finding tenants, which should be a significant red flag. In either case, you’re probably losing money, which is something we will not let happen.

What Income and Screening Requirements Are Used?

To find the best renters, numerous income and screening requirements should be used. We use a variety of elements, such as references, credit checks, background checks, and minimum income levels to ensure not only will the rent be paid but that you’ll have the finest possible renters for your property.

Do I Have Control Over the Lease Agreements?

To have the best leases, you and your property manager should work closely together on the wording. We believe strongly in this, so we take the time to sit down with our clients and make sure the agreements are acceptable to everyone.