How to Hire Employees for a Property Management Business
For a property management business, it's important to hire the right employees. These employees not only represent you and your business, but they are entering the homes or apartments of renters. The employees you hire should have background checks. Here are more tips for hiring employees for a property management business.
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Hire an experienced bookkeeper to help with your budget, bill paying and taxes. The bookkeeper also needs to have excellent references and have a background check. The bookkeeper will collect rents and deposits, and maintain the books. An experienced secretary or personal assistant can also maintain the books, but should also have a background check and references. Whether you hire a bookkeeper, secretary or personal assistant for your business, whoever works with finances should be bonded.
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Look for a property manager with experience and references. The property manager will keep your business running smoothly and coordinate all aspects of the property. The property manager will manage employees for cleaning and maintenance, schedule repairs, place vacancy ads and oversee the property management as a whole. Although many property managers will hire and fire employees for absentee owners, most property owners prefer to do their own employee checks. Assign the property manager to only one large complex or two smaller ones, so the job doesn't overwhelm them. A friendly attitude and outgoing personality are a plus for the property manager and your business. Background checks are a must for property managers because they have access to financial records and personal property.
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Interview maintenance employees in person if possible. Ask the potential employee about experience and references. A multi-skilled maintenance person is much more valuable to your business than having someone who can only do plumbing work. The maintenance employee should have more than basic knowledge with carpentry, plumbing and electrical. The maintenance person should also be friendly and reliable. Sometimes the only time a tenant has contact with your property management business is with a maintenance employee; it's important that he is courteous and reliable as he represents you.
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