The city has been ranked as the 20th best place to live, and the 32nd best place to retire by U.S. News and World Report. Not to mention the stunning natural landscape that surrounds it. With an expanding job market and increased diversification, this is the ideal time to invest in property in Charlotte. Maybe you already have taken advantage of this booming market, but need help managing your property? Charlotte property management has over 180 active firms. With so many options, it can be hard to decide who to choose. Here are a few things to consider, in order to help you find your ideal property manager.
If your property is not a new condominium or apartment downtown, it’s most likely in one of Charlotte’s many vibrant and established suburbs, such as Davidson. Having a property manager with a long history in the community not only insures you will have the best services needed to maintain your property, but also means that they are trusted by the locals. They’ve likely dealt with everything from repairs, to flooding, to tenants who are late on rent. Some Charlotte property management firms, such as Elite Team Realty & Property Management, have been working in the area for more than 20 years. They are able to handle finding tenants, lease negotiations, landscaping, and everything in between.
What type of property do you need managed?
Different types of properties have their own individual needs. Depending on where you are in Charlotte, what you need managed can vary greatly. Is your property an apartment downtown? Is it a house in the suburbs? Does the property sit on or near one of the three main lakes? Carefully consider if the firm you work with has properties similar to your’s in their portfolio. Especially with the rise of hurricanes in the region the past years, there are preparations and repairs that need to be made, and sometimes quickly. Making sure your property manager is capable of dealing with these conditions, can insure that you can relax, and not worry about upset tenants as a result of not being up to date with the properties repairs.
Are they licensed in North Carolina?
Every state has its own laws, and in North Carolina it is required that all property managers are also licensed as real estate brokers. Beyond that, make sure the firm you choose is also a member of the National Association of Residential Property Managers. These are simple things to overlook, but will make all the difference in case any serious situations arise at your property.
There are so many great firms to choose from, it’s important that you do your homework to make sure you find someone that you enjoy communicating with, and also trust. It’s also important they have a strong knowledge of Charlotte property management.
Expertise has a great list of property managers in Charlotte. And if you’re looking to invest in property, make sure to check out this list of Charlotte’s Best Suburbs.