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What to Look For in a Property Management Company in Indianapolis

System - Tuesday, July 13, 2021
Property Management Blog

Did you know that rentals are up by 3.7% since 2019? And now that the pandemic is on a downward slope, rentals may go up even more. Since more people want to move and find a new dwelling, you may wonder if you should hire a property manager.

These professionals add several benefits to a landlord. They can help you scout for new rental properties and reputable tenants. They also save you money.

But how do you find the best property management company? If you want to know the answer to that question, keep reading our guide on what to do during the hiring process. 

Look For Credentials 

The most important thing to check is the company's credentials. If you want to hire a property manager, then you should look at the company's portfolio.

Check to see how if they showcase their work or not. If they are a reputable company, they should be happy to showcase their portfolio to potential clients.

Along with this, make sure they follow the laws for tenant rights and that the board considers them an accredited business. If they have no accreditation, then the company may either be a scam or purely out for the money. 

Look For Recommendations

You may have a property management company in mind, or you might want to find one. Either way, you should all your colleagues and their prior experiences to help justify your choice.

If they are fellow landlords, chances are they have recommendations. They could tell you what company they use. They may also give you honest feedback as to the company you have in mind. 

Look For Online Reviews

When in doubt, turn to the internet. These days, every company has reviews. To find the best property management company, check some review sites like Trustpilot or Glassdoor to see what clients have to say.

All you have to do is type in something like: "property management company near me".

No doubt, you will find a whole host of businesses in the Indianapolis area. 

You might find that a company that seems good has terrible reviews or vice versa. Remember, while you check reviews, do not focus solely on the ones with one-star or five-star reviews.

To get a good idea of how well someone tuns their company, you want to look at the good, the bad, and everything in between. You also don't want to stick to one website. Check a few of them so that you can see the commonalities across the board. 

Look For Different Services

What you need and what a company offers might add or it may not. Don't hire someone without finding out what type of property management services they perform.

You might want a company that provides things like tenant screening, maintenance, or eviction protection. Check the company's website and speak with a representative to see what services they have and what they entail. 

Hire a Property Management Company in Indianapolis

As you can tell, there are several things you must look for when hiring a property manager. You want to look into their portfolio and double-check with references and online reviews.

If you follow these steps, there is no doubt that you will find the most reputable property management company in Indianapolis. At Home River, we employ only the most professional property managers.

If you are a landlord and require our services, we urge you to contact us today. We can send someone out to a site for you whenever you need it.