While renting property is a great source of income it does come with its challenges. Property management companies are hired to handle these challenges along with other responsibilities such as hiring vendors to handle services around the property.
Whether for an apartment high rise or a condo/housing community, property management companies strive to provide the very best services for residents. The services handled by the property manager vary from community to community but they are always paid for by the home owner’s association (HOA) dues and are executed by vendors. Property management companies seek out vendors using very specific requirements.