Professionals at Group Three Property Management Inc provide you all the services related to property such as setting monthly rents, collecting rents from tenants, performing property inspections and many more. For getting more details, make a call or visit our website. http://www.groupthree.ca/commercial-property-management
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Tips for Choosing a Property Manager for Your Commercial Property
1.
2. Investing in commercial real estate can supply a
lucrative revenue stream, but choosing the right
property manager is crucial to your success. In
order to draw the largest return from your
investment, you will need to align yourself with a
property manager who understands your
investment goals and how you would like your
property managed. Here are some tips to get you
started:
3. When it comes to finding a commercial property
management company, Calgary, Edmonton, and
investors throughout North America need to know
where to start their search. There are some
preliminary questions you should ask before you
sit down to start talking seriously about how they
would manage your property. This is what you
need to find out, right from the start:
4. • are they licensed?
• what type of experience do they have, or
which types of properties have they managed?
• how many years of experience do they have?
• are they willing to show you references from
other clients?
5. Really, if the answers they provide to any of the
above questions don't seem satisfactory, or they
aren't willing to show you references, move on.
There are many property management teams to
choose from.
Next, you will want to ask them how, as the
managers for your property, they would approach
the following:
6. • setting monthly rents
• collecting rents from tenants
• performing maintenance on the properties and
any necessary repairs
• performing property inspections
• attracting and keeping tenants
• screening tenants
7. In addition to these questions, it's also important
to find out about their management fees and the
type of contract that they require for you to retain
their services. If the fees are too high, they will cut
into your return, and some contract terms may not
make sense for your investment.
8. Finally, it's well worth it if you take the time to
meet with more than a couple of property
management companies. Choosing the first
company you meet gives you nothing to compare
their services, contract or fees to, and there could
be another property manager who's service
offering or fees are more in line with your
investment or business style.
9. If you live in the Edmonton or Calgary area, a
reputable company is Group Three Property
Management Inc. They have several years of
experience managing residential and commercial
properties and a long list of satisfied clients to tell
you about their positive experiences.
http://www.groupthree.ca/