Owners need help with Detroit property management and often look for a right candidate for such a job. DIY property management can be a stressful affair; hence a reliable manager is a must for managing tenants as well as the rental property.
Let us first discuss what a Detroit property manager can do for you:
- He can help find suitable tenants that are most suitable through extensive checks.
- Help with the upkeep and maintenance of the property
- Collect rents and send you financial reports
- Act as a valuable go-to person for tenants
The fact that you are entrusting the most important asset you own in the hands of the property manager; it is but natural that you find the best candidate for the job. Ensure choosing a candidate that is licensed through the local housing authority. This means he should have basic formal training in dealing with rental real estate.
An in-person interview with the candidate is also a must. During this point, ask the candidate whether he has managed properties of similar sizes before. The manager must also be aware of latest updates to tenancy laws. He should be aware of the Fair Housing Act laws and have wonderful people, organizational and managerial skills.
Some real estate owners hire part time candidates, but property management is a full time job that needs skills, attention to details and if needed, a resident property manager.