What Investors Should Look for In a Detroit Property Manager

By Own It Detroit

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What Investors Should Look for In a Detroit Property Manager

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Choosing the best property manager can be a daunting task. You want to make sure you are working with the best experts, but how do you find them? How do you know they are experts? Before you partner with rental managers that aren't the right fit for your real estate investment portfolio, use these tips to find the best property management Detroit offers!

Check References and Reviews

First things first: start searching online for reviews on different property management companies in the Metro Detroit area. One of the biggest things that potential landlords look for is if a property manager has positive references and reviews from previous customers or clients. While every company will have a few negative reviews or unhappy tenants, search for companies that have more positive feedback than negative. 

A reputable property management firm will be able to give you a few references to check, as well. Talking with other owners can help you learn more about the strengths and weaknesses of a particular agency and how that could impact your investment revenue. 

Ask About Technology

Another great way to see if a company will fit your needs is if they use technology appropriately. There are many apps available these days that allow property managers to keep their calendars organized by setting notifications, sending messages, and uploading documents for their clients. Choose a property manager who uses technology to streamline their internal processes and make sure they work efficiently. 

However, streamlined processes aren't the only ideal uses of technology. The best property management Detroit offers has a secure online portal for tenants. This feature allows residents to pay the rent online, schedule payments, and submit maintenance requests 24/7. 

In addition to a tenant portal, the right property managers also offer a secure portal for property owners. With this kind of access, you can review documents and financial reports with real-time information about your properties. 

Smiling office worker looking at camera while sitting near laptop at desk in office on blurred background (R) (S)

Check Their Website

The state of a property manager website can say a lot about how they do business and the level of their customer service. Property management companies with outdated websites that lack clear information or a simple way to get in touch may not work with the technology you need to maximize revenue for your rental properties. 

Look for a property manager with a user-friendly website that delivers:

  • Clear information about services 
  • Authoritative information about managing rental properties
  • Navigation that makes it easy to find what you need
  • A comprehensive place to list available rental properties
  • Easy access for communication

Property managers that deliver a professional-quality website also deliver the best professional Metro Detroit property management services!

Note Their Office Space

Whether you meet with them virtually or in person, take note of their office space. 

  • Is the office clean and organized? 
  • Do they offer high-quality marketing materials? 
  • Do they have a professional appearance in video calls or in-person meetings?
  • Is the office location convenient for your rental properties in Detroit, MI? 

A property owner needs professional representation when operating a quality rental investment and retaining long-term tenants. Choose a company that has a professional demeanor and presentation in every aspect of its service offerings. 

Chances are, if a property manager isn't well put together when trying to win your business, they won't deliver the quality you expect for the care of your properties and residents. 

Hand house agent (R) (S)

Review Their Property Management Services

When you find some excellent contenders for managing your rentals, be sure they offer the services you need. Not all property managers provide a full range of services, nor are they the quality you need to maximize returns. 

The right rental manager applies expert strategies to:

  • Market properties effectively to reduce vacancies
  • Place quality tenants through a thorough tenant screening process
  • Keep properties in excellent condition with preventive maintenance
  • Respond promptly to tenant requests and emergency maintenance issues
  • Collect the rent on time and maintain consistent cash flow

The best property managers in Detroit also help investors analyze potential properties to build bigger portfolios and generate tremendous cash flow. If you plan to invest in a significant amount of real estate in this market, you need a seasoned real estate investment team to partner with you for success! 

Don't Settle for Less! Choose the Best Detroit Property Management Company

Your property management company in Detroit is critical to your success. Finding the right experts can be difficult, but you'll have a better chance of finding the ideal partner for rental property needs with these helpful tips. 

As you search for the ideal property management team, we hope Own It Detroit is on your list! Our seasoned real estate experts serve the greater Metro Detroit area with quality property management services for any size portfolio. Our team has extensive experience with residential rentals, including single-family homes, condominiums, apartments, and more! When you choose our team as your property managers, we promise to deliver peace of mind by providing exceptional customer service from start to finish. Give us a call today to talk more about our full-service property management and how we can help you grow!

Learn more about what a property manager can do for you! Download our free guide.

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