Protect your Investment – Avoid Bad Property Management Companies:
Your success will depend on the team you hire. The wrong management company with little experience can lead you to negative cash flow quicker than you might expect.
We are experiencing an influx of unqualified companies entering the property management industry for the first time. In our opinion, National branded franchise companies like Century 21 and Re Max are not a good fit for your management objectives.
It is also recommended that you have an understanding of the types of clients currently under management contract with the firm you’re considering. Some specialize in single family homes, condos and apartment buildings while others specialize in association management, commercial property or retail buildings.