Finding the right property management company in Long Beach can be difficult for some. Though not all are suited for every investor, there are many options to choose from. While you find recommendations from other property owners, they are excellent for established investors.
Those without these connections or new investors can use the following five recommendations to aid them in finding the right property management company.
Remember that property management companies are not one-size-fits-all. You should first identify your needs to best understand what to look for. Some companies are better suited for managing single-family homes, apartments, or condominiums.
Older buildings, for example, may require more resources to maintain, while others may be pet-friendly. Once you’ve assessed your needs, you’ll be able to better understand what services and specialties you may be looking for.
Nowadays, the easiest way to find a property management company is to search for one in the 90808 zip code. While many companies may appear, you cannot tell which one is the right one for you without looking into the company’s reviews.
Even here, you should be skeptical, as not all companies are reviewed honestly. For example, a company with only perfect 5-star ratings and only a few reviews can be a red flag, as well as an ideal rating, all within the same day. Conversely, a company with a high number of reviews and multiple 5-star reviews seems more organic and can validate its experience.
A company’s history is a great way to determine if it follows its values and treats its clients well. A great way to check a company’s track record is to see if there are follow-ups on their reviews. Some companies use these reviews as opportunities to correct any unforeseen issues.
Another great way to view a property management company’s track record is to search for it through the Better Business Bureau (BBB). Not only can you find their rating, but you can also see if the company has resolved any complaints.
Naturally, a property management company wants you to visit their website. It's their opportunity to show you what that property management company offers. You can then verify if the property managers in question offer the services suited to your needs. Their website can also show you the effort they make with their clients. For example, if they provide services only to the investor or the clients,
They should also include a breakdown of their services and the cost on their website. As previously alluded to, here is where understanding your needs is helpful. They now have a breakdown of their services, costs, and specialization. Here is where you can assess whether or not your budget, requirements, and preferences are being met by the property management company.
Finding the right property management company for your needs can be time-consuming. However, remember that property management companies are seen as an investment, not a cost. This is because a property management company saves you time. This is time you can invest in expanding your portfolio or just spending time with friends and family. Suppose you need more help understanding how to find the right property management company for you or help managing your Beach City rental property. In that case, we invite you to call us today at (562) 888-0247 or complete our
Owner Application online.
