3 Pro-Tips to Up Your Property Management Skills

Like most folks, you’ve probably heard this adage a bazillion times one way or another throughout your lifetime.

In the property management realm, the adage couldn’t be more pertinent. As a property manager, things are bound to happen. After all, how many wild and wacky things could possibly go wrong with a home, let alone the people and mechanisms surrounding it?

When it comes to the curveballs that a property (or tenants) will inevitably throw your way, you have to be prepared and you must have systems in place to mitigate a prospective issue from spiraling into a major headache.

Whether you’re just starting to dabble in property management or you’re a seasoned pro, here are three pro-tips (or reminders) for maximizing your skills:

1) Communicate and communicate some more. Nothing shows your tenant – or anyone involved with managing a property – that you’re tuned in than communicating what may be happening. Don’t sit on valuable or insightful information for weeks or months – communicate it in real time, where appropriate and vital. On the flip side, be accessible and respond in a timely manner as well. No one wants a property manager who is aloof or inaccessible, particularly in a time of crisis.

2) Prepare like your tomorrow depends on it. Your property may have experienced many weeks, months or even years without an issue. That’s awesome. But, what could you be addressing proactively? Who will you be reaching out to if and when something goes wrong? You need a plan that not only addresses important, scheduled upkeep of a property but an emergency action plan (comprised of your go-to service folks) when things may head south.

3) Turn to the professionals. This can be so hard to master, particularly for the folks that like to do everything themselves. It’s okay to turn to an electrician so you don’t end up getting zapped. It’s okay to turn to a trusted plumber for a highly complicated piping job. And, guess what? It’s okay to turn to a local and trusted property manager to hand over your property-related stresses. If and when you need that guidance, the time-tested and professional team at Arlington Realty Property Management is ready to help.