06/24/2026
Property Management Speed Dating: Your worst fear...hiring the RIGHT property manager (Part 4 - can they handle the finances?)
Being an owner of a rental property can be very difficult; there's so many moving parts and there's ALWAYS problems that arise, you may not know how to deal with everything that occurs and that's why property managers exist. They're a great tool and make the leasing process much easier, but how do you know which fish to choose from the sea? 🐟 🐟 🐟 🐠 🐟 🐟 🐟 🐟 🐟
Going through Property Management Agreements (PMAs) can be a difficult read. There's lots of legal jargon and a lot of big words, but the easiest part of the reading are the numbers, am I right? What's really important is you understand what the numbers mean. Your property manager should walk through all the numbers and fees with you and help you decipher what they mean. Just like if you sign a prenup before marriage your lawyer should give you guidance and advice. Knowing how all the fees apply is crucial, but you must make sure that all the terms align with what you need.
This was the final part to the series! I hope you all learned what's necessary when searching for the right property manager, and if there's ever any doubt, come right back to Eclipse Property Management as we check all these boxes!