Buying and owning investment property is also an emotional process. This means there is a lot of communication required. Constant dialogue is necessary to feel comfortable with your investment. You don’t want to be awake in the middle of the night wondering what’s going on with your property. If you are having problems communicating with your property manager, talk to him or her about that and see what improvements can be made in the sharing of information. When there is not adequate communication, it’s time to find a new property manager.
Lastly and probably most importantly, there has to be the honesty factor and trust. These are the most important components of your relationship with your property manager. If honesty isn’t there or trust hasn’t been developed or you think they’re absent, take the time to do a little investigating and find out for sure. If you confirm the person you’re working with is not honest, even in little ways, it’s time to let go of that relationship. You cannot be successful working with someone who you cannot trust.
These are hard decisions to make, and finding a new property manager is always a challenge. But in some cases, it has to be done. Remember that letting go of a property manager that isn’t a good fit will open the door for a new property manager who can give you better results with your investment property.
If you have any questions about Hayward property management, we’d be happy to help you out. Please contact us at Aapex Property Management, and we’ll talk about what you need.