Hi everyone,
I am still very new at this. I finally purchased a property and have found a property manager to rent it out for me.
My question is how involved are property managers supposed to be?
And when do they give you updates?
Since this is my first IP i pretty much want to know everything that is going on. The property had been on the rental market for a few days so i email to find out how it was going. I received an email back saying the tenants would be picking the keys up the next day. Does this sound right? Do i not have to screen the tenant or is that the PM's job?
Cheers Tom
I am still very new at this. I finally purchased a property and have found a property manager to rent it out for me.
My question is how involved are property managers supposed to be?
And when do they give you updates?
Since this is my first IP i pretty much want to know everything that is going on. The property had been on the rental market for a few days so i email to find out how it was going. I received an email back saying the tenants would be picking the keys up the next day. Does this sound right? Do i not have to screen the tenant or is that the PM's job?
Cheers Tom