Property Manager Qualifications - Outland Real Estate

There are almost 300,000 property management companies in the US at the moment.

If you’re looking for a property manager to look after your real estate investments, you want to make sure they’re qualified. The property manager’s responsibilities include ground maintenance to finding good tenants for rentals. You need them to be capable in every way.

Hiring an unlicensed, inexperienced property manager puts your property at risk. In this post, we’re going to tell you more about property manager qualifications. With a good one on your side, being a property owner becomes much easier, so keep reading and learn what to look for.

Property Manager Job Description

A good property manager should be able to take the responsibilities of owning a property off of your plate. The best ones will provide a wide range of services depending on your needs as a landlord or investor.

First and foremost, a property manager should be able to look after your property. This means taking care of any property maintenance, upgrades, and repairs that come up.

If you own a rental, they should be able to market your property to prospective renters. Once they have several applicants, they should also have a screening process to get the best candidates, which involves background checks and calling references.

They’ll also handle ongoing tasks, such as rent collection, responding to tenant complaints, and dealing with evictions. In the end, they should help you maximize your investment property so it continues to be worth your money and effort.

Property Manager Qualifications and Skills

Property management courses are the first step toward becoming a property manager. In California, it’s essential that your property manager has a real estate broker’s license. This ensures that they’ve got a strong grasp of the state’s property management laws.

Good property management companies will also be involved with certain associations. Look for NAR, NAA, and NARPM certifications. Property management associations ensure that your property manager works to a certain standard.

There are certain property management skills to look for as well. The biggest thing is communication. You want a property manager that checks in with you on a regular basis so you know what’s going on with your investments.

You always want a proactive property manager also. Major repairs and regular maintenance should be tackled as soon as possible. The longer you leave problems to fester, the more expensive they’ll be to fix.

Affordability is another important thing to look at. If you want your property to bring in a stable monthly income, you can’t go into business with an overly pricey property manager. Make sure to get multiple quotes from different property managers and choose one that fits your budget.

Get the Best Property Management

Now that you know what property manager qualifications to look for, you can hire the best one. If you own property on California’s central coast, choose Outland Real Estate as your property manager. We’ll help you make sure you’re always maximizing your property investment.