Investing in rental properties is thrilling and dynamic. It also can be a lot of work, especially as your portfolio grows. To be successful with your investment, it can help (though it’s certainly not required) to have a dedicated team managing your properties.
While many owners enjoy managing their properties themselves, if you don’t have the time, interest or resources to do it yourself, turning to an experienced and local property management team can help you further improve your cash flow and NOI. Here are some ways to sleuth out the best property management company to help you achieve your investment goals.
Where to Find Property Management Companies in Franklin County
- Start with friends and colleagues – It’s always easiest to start by asking the people you know and trust about who they’ve used in the past. Your realtor or other investors or friends in your network can be helpful resources for learning about owning and managing rental properties in Columbus.
- Search online – As you begin finding names of property management companies, search a little deeper, read reviews, and learn more about the specific services each one offers. Are they licensed or part of any credentialed organizations? How do their online reviews pan out? Transparency and professionalism are key qualities in a property management company.
- Visit their properties – To get the best sense of the type of property management company they are, you have to visit some of their properties. Are they well-kept? Are tenants happy? These impressions matter and there’s no substitute for trusting your gut if something seems off at one of their properties.
Before committing to any one property management company, be sure to ask them these important questions and thoroughly review the property management agreement. Finding the right property management company can be all the difference when it comes to achieving your investment goals.
For help with your Columbus rental property, turn to us at RL Property Management. To ask your questions, please give us a call at 614-725-3059
