Hiring a Property Manager
Thinking about hiring a property manager? Consider this your go-to hub for everything you need to make an informed decision—whether you're managing your first rental or scaling a real estate portfolio.
Step 1: Determine if You Need a Property Manager
Learn how to spot what your pain points are before hiring a property manager and align them with the type of services a property management company can offer.
Property Manager or Rental Agent?
Not all property managers are created equal. This guide helps you evaluate experience, service offerings, fees, communication style, and reputation — so you can confidently...
10 Benefits of Hiring a Property Manager
A good property manager can do more than collect rent. From handling maintenance requests to keeping your property legally compliant, this article outlines how the...
How Much Do Property Managers Charge
Learn how much property managers charge on average to make the right choice when hiring a property manager....
Step 2: Learn How to Find Your Ideal Property Management Partner
Start your hiring a property manager search right by knowing what to look for and where to look.
How to Choose the Right Property Management Company for Your Investments
Not all property managers are created equal. This guide helps you evaluate experience, service offerings, fees, communication style, and reputation — so you can confidently...
The Ultimate Guide to Property Management Fees
Wondering how much a property manager will cost? We break down the most common fee structures and show you what to expect — and what...
Step 3: Vet Your Top Contenders
Once you've found options in your rental market, vet prospects to be sure you're hiring a property manager that's right for you.
25 Questions to Ask a Property Manager During an Interview in 2025 [Free Download]
Before signing any contract, you need answers. This downloadable list gives you a list of smart interview questions to help you evaluate potential managers and...
Property Management Qualifications and Certifications: The Ultimate Guide
Certifications and qualifications can point to a track record of excellence and trustworthiness that makes your hiring decision earlier. Here are some of the most...
Step 4: Set Up a Partnership for Long-Term Success
Lay the groundwork for a strong, professional partnership once you've hired a property manager.
An In-Depth Property Management Agreement Guide for Landlords
Before signing on the dotted line, it’s important to understand what you’re agreeing to. This guide breaks down every section of a typical property management...
5 Ways to Set Expectations With Your New Property Manager
Clear communication upfront sets the tone for a strong working relationship. This guide covers how to align on responsibilities, reporting, fees, and response times when...
Frequently Asked Questions
Is it worth hiring a property manager?
Hiring a property manager often means fewer headaches and more freedom. Instead of juggling maintenance calls, chasing late rent, or handling lease paperwork, you’ll have a professional taking care of it all. You’ll only need to step in for big decisions, which frees up your time — and lets you live wherever you want without being tied to the property.
Should you hire a property manager or do it yourself?
Deciding whether to hire a property manager or go the DIY route comes down to how involved you want to be — and how big you want to grow. If you enjoy being hands-on, don’t mind the late-night repair calls, and only have one or two units, managing things yourself might work just fine.
What does a property manager typically do?
A property manager takes the daily workload off your plate by handling the core responsibilities of running a rental. That means setting competitive rent prices, screening and placing tenants, managing leases, collecting rent, and dealing with maintenance issues as they come up. They’re the point person for everything your property needs to run smoothly — so you don’t have to be.
How do I find a good property manager?
Start by looking for licensed professionals with experience managing properties like yours. Check online reviews, ask for referrals, and interview a few managers to compare communication style, fee structure, and services offered.
What should I ask before hiring a property manager?
Ask about their experience, how they screen tenants, how they handle maintenance requests, and what fees they charge. Also ask how often they’ll update you and how they manage legal issues like evictions.
How much does a property manager cost?
Most charge a monthly fee based on a percentage of the rent collected, typically between 8% and 12%. Some also charge additional fees for leasing, maintenance coordination, or lease renewals. The exact rate is largely dependent on the types and level of services a company offers.
Can I hire a property manager for just one property?
Yes. Many property managers work with individual landlords who own just one rental. Hiring a manager for a single property is common, especially if you’re short on time or don’t live nearby.
Do property managers handle repairs and maintenance?
Yes. Most property managers coordinate routine maintenance, respond to repair requests, and have a network of vendors for plumbing, electrical, landscaping, and more.
What kinds of properties do property managers handle?
Most manage single-family homes, multifamily units, condos, townhouses, and even small apartment buildings. Some also specialize in commercial or vacation rentals.
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