Should you rent from a Property Manager MA?
Renting is always a solution when you are unable to afford your own place. However you have to consider who you are renting from. You can rent from a private home owner or someone who runs a property Management company. This post looks at the pros and cons of renting from both.
The good thing about property management companies is that they tend to quite organized. What works in their favor is that they do this for a living and have a great deal of knowledge about property management. They also have a proper process for showing apartments around to prospective tenants, their application process is streamlined, signing the lease involves a good amount of paperwork and they deal with maintenance requests.
The biggest benefit from renting from a private owner is that it allows you to have a personal relationship with your landlord. This also allows a bit of room for flexibility in the lease and a slight delay in paying the rent (if there are any issues). The other benefit is that they may end up charging less as they are managing the property themselves. This is slightly better than dealing with a Property Manager MA.
Renting from a property management company will lead the renter to deal with them in a more civilized manner. You will get the service you need but you won’t have a personal connection.
You will get that personal connection with a private owner but you won’t get the level of service you need. This is why private owners should now that they need to treat the renter like a customer and not an equal. They also need to make sure they screen the tenants properly so that they can get someone who pays the rent on time.
The best way to choose a landlord is to and talk to the current tenants of the property management company. They will let you know whether they are happy with the company or not. It also helps to inspect the units in the building to see if it is clean and well maintained. Do make sure you check the trash area to see if they tend to it on time and if the property management company answers the phone on time.
Another important step to take is to ask property managers and see if they have any references to properties which are similar to yours. Also make sure that you ask them how they deal with difficult situations.It is not easy getting the same info from private landlords but you can see how they behave when you ask them questions.
We hope you liked our post “Should you rent from a Property Manager MA?”