Experience does not come without mistakes. With over 20 years of experience, New Jersey’s own Denali Property Management has had time to perfect their craft in New Jersey property management. In those 20 years, we have identified and learned from four of the most common mistakes property management companies make that you should be aware of.
Poor Communication
Poor communication can almost guarantee a vacancy after a lease. Make sure to check on tenants and ask questions to keep tabs on their satisfaction and make them feel heard.
Not Performing Routine Inspections
Making sure tenants are complying with the lease agreement can save you money in the long run by not having to make costly repairs. Inspections should be conducted at least twice a year or more and tenants should be notified well in advance about any routine inspections.
Delaying or Completely Ignoring Maintenance Requests
One of the easiest ways to drive tenants out the door is by not paying attention to maintenance tickets. If something in a unit needs to be fixed, a good property manager should be quick on their feet to resolve any problem that arises.
Weak Documentation
Any misunderstanding between tenants and property managers could be costly, so make sure that all leasing agreements are as detailed as possible. Keeping written records of any interactions between tenants and property managers also ensures that everyone is on the same page.
These are just a few of the most common mistakes condo management companies make. Denali Property Management in New Jersey understands the consequences of these mistakes. Our property management services create solutions to these issues like detailed documentation, routine inspections, 24/7 emergency services, and maintenance tracking to name a few. Check us out to see what else we have to offer and request a quote today.
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