What to Ask When Looking for a Good Property Manager

There’s nothing quite as stressful as renting property, so for the sake of your sanity, it’s important to get the help of property management hong kong who is a professional in their field. In order to find a good one you have to know what questions you should ask yourself and your prospective landlord or property manager. The article outlines questions you might ask when trying to find an apartment, how much they are charging per month, and managing any maintenance needs.

What are the Requirements for Property Management?

If you are looking to rent an apartment, you will have a contract with the landlord. Therefore, it is imperative that you ask about the property management requirements; Does the property management company hong kong manage multiple complexes? Will they designate an individual property manager for your unit? Is there an in-house maintenance service or do they use an outside contractor?

What’s the Management Fees and Terms?

Fees can vary from one place to another, so make sure that you ask exactly what their fees are and when they are due. You want to know if they charge a refundable deposit as well as if there is a separate security deposit required when signing the lease.

What is the Rent Roll Used For?

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Rent roll is simply a list of all of your units and the rents that you charge for each unit. Make sure that you ask what their rent roll policy is as far as how often they will send you an updated rent roll, as well as how long it takes for them to credit your account with issues such as a bounced check.

Who Requires Leasing Contacts to be Disclosed?

It is a good idea to ask what their policy is on disclosure of contact information, although in most states, it is required that the property manager discloses their information and relationship with their client (the landlord) at the time of lease signing.

What is the Turnover Fee for Leasing Contacts?

In some states, there is a fee that you must pay if you do not renew your lease after a certain period of time. This is often referred to as the “turn-around fee” and it is usually due the sooner they are notified of your departure.

What Are Special Charges and How Does that Affect My Rent Roll?

Some property management companies charge extra fees for things such as e-payments or credit(s) cards. Be sure to ask what their extra charges are to be sure that you will be in compliance with their policy.