Marchant Property Management Blog

10 Questions To Ask When hiring A Property Manager-Question 4

Marchant Property Management, LLC - Friday, April 5, 2019

Britney:
Hi everyone. Britney here again with Hunter, one of the owners of Marchant Property Management. We are still going over the 10 questions that you should ask a property manager whenever you're looking for one to hire.

Britney:
So, something that's very important is the company's leader, like Hunter, should be investing in real estate themselves in order to understand the market and to help their owners excel. So Hunter, do you personally own any rental property?

Hunter:
I do. I do, actually. I have bought and managed over 50 properties in the last 25 years or so, all in the Greenville area, and I couldn't agree with you more. I think it's essential that you deal with somebody in property management that's, I guess, been in your shoes, been on the other side and kind of sees how it goes down from that angle as well.

Hunter:
Currently, I own about 20 properties, and I'm always looking to buy more properties, so I'm always hunting for good deals just like all of my other investors and owners.

Hunter:
All of my properties are managed by Marchant Property Management. In fact, in my role today, I'm actually not actively managing my properties, so they are fully in the hands of our capable property managers and staff here at Marchant Property Management, and I just have them manage them exactly like they would for any other owners. So, that's been a real benefit to see how they personally treat me and my properties on a consistent basis.

Hunter:
I can tell you again, I started to invest in 1995, and I have been through at least a handful of property management companies in the past before I started doing this full time, so I've also seen a lot how the competition does. Let me just say nobody's perfect, but it was never really a great experience, so I kind of also got into this business for a need, because I wanted somebody to manage my properties to a level that I thought should be done.

Hunter:
So again, I think it's really important that you work with somebody that is an investor. Somebody that knows the market, that's local, just so they're able to see, again, both sides of the coin, and I think that helps you tremendously with being able to manage other people's properties as well.

Britney:
So, great. So just remember to make sure that your property manager is also an investor.