Paradise Property Management

Paradise Property Management -  This commonly used name conveys investors will experience nirvana if they allow their properties to be managed by "paradise" property management. This is of course what every investor would like, but the reality is its just a name and the various companies that use this company name are all going to be different.

Some will manage home owners associations while other may only handle commercial real estate. What really matters is the quality of the services that they provide. They may all provide rental surveys, but how do they do it? How many recently rented units will they find data for? How big is the area they survey?

They may all screen tenants, but how do their methods differ? What does their application look like? Do they do their own screening or use a screening service? How often do they have to evict tenants (This tells you a lot about how good their screening practices are)?

Regardless of whether you own apartments, condos, duplexes, office or retail space, if your considering hiring a property manger your going to want to understand what to look for in the property management agreement as well as what property managers charge.