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How Handle Property Management Transitions

A property management company can add significant value to your investment. Their functions include advertising your apartment and showing it to right tenants, collecting and accounting for rent, cleaning and re- keying your property, taking care of maintenance of your house etc.

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How Handle Property Management Transitions

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  1. How to Handle Property Management Transitions .

  2. How to Handle Property Management Transitions..? A property management company can add significant value to your investment. Their functions include advertising your apartment and showing it to right tenants, collecting and accounting for rent, cleaning and re- keying your property, taking care of maintenance of your house etc. you should make a proper plan to ensure achievement of your desired benefits and results.

  3. Property Management: Tips for Making the Transition Smooth • Ask questions From the New Company • Be in Touch with Your Former Manger • Talk With your New Property Manager • Explain all Your Objectives to the New Company • Talk with Your Residents

  4. Ask Questions from the New Company You should make a list of questions to ask from the company you want to hire. You can include questions like who are your team members, how long you take to address needs of tenants, do you work with any specific suppliers.

  5. Be in Touch with Your Former Manger Stay in contact with your former manager for at least one month after transition as at this time he will transfer all the bills, rent payments and financial information to you or your new property management company.

  6. Explain all Your Objectives to The New Company You should tell the company about all your objectives for your property like about renovation plans, maintenance etc. Telling the company what you want will help the company to work in a proper way.

  7. Talk with Your Residents • Since every property and transaction is different, therefore you have to change some of your typical processes and time lines. • Don’t start the transition process until you are not properly ready. • Carefully listen to the changes your new company is suggesting you. • Insist the management team to place corporate staffing resources on- site for the first three weeks.

  8. Contact Us: Buena Vista Properties Address: 223 W. Anderson Lane Ste. A140 Austin, TX 78758 Phone: (512) 789-2779 Email: marc@buenavistaproperties.net Facebook: facebook.com/buenavistaproperties Twitter:twitter.com/buenavista_prop Google +: plus.google.com/buenavistaproperties Our Website: www.buenavistaproperties.net

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