Property Management Red Flags

If you are not working with a property management company like Fred Leeds properties, chances are they may not be up to par. Here are some red flags to look for when working with another South Bay property management company.

High turn-over.
While it’s normal for staff to move on for reasons both personal and professional, if there is a high amount of turnover of either tenants or staff, then it’s definitely time to consider changing to a company like Fred Leeds Property Management. Too many changes in staff indicates problems with the company’s business practices and management techniques. We believe in keeping both our tenants and staff happy so that turnover is minimal.

Non-compliance.
Companies like Fred Leeds Properties make it a point to attend seminars and keep up to date on all changes in laws and other compliance issues that could affect landlords and their property. Make sure that your South Bay property management company does the same—the laws change all the time so it can be very easy to unknowingly fall out of compliance.

Outdated organizational systems
Fred Leeds Property Management ensures that all of our organizational systems are accurate and efficient. There should be strong systems in place for every area of the business, from accounting and tracking rent payments to a database of maintenance requests, vendors, etc. If your property manager is on point in these areas, then your worries will be minimal.