Even good working relationships need a check-in from time to time. If you own a rental home in the Bozeman area, these general signs may suggest it’s time to review your current arrangement. Often a direct conversation with your manager is the best first step.
1. Repeated resident issues
If the same kinds of lease issues keep coming up, ask your manager how applications are reviewed and how lease rules are applied. Screening should follow a consistent written policy and applicable law.
2. Unclear rent records
You should be able to see what rent was received and when. If statements are hard to follow, ask for a walkthrough.
3. The same repair, again and again
Repeated requests for the same problem may mean the underlying issue hasn’t been addressed. Ask what was done and what options remain.
4. Resident complaints reaching you directly
If residents are contacting you because they can’t reach the manager, that’s worth discussing.
5. Communication that doesn’t match expectations
Agree on how and how often you’ll hear from your manager. If that isn’t happening, raise it.
6. Longer vacancies than expected
Ask how the home is being priced and marketed, and what has changed.
Before you switch
Review your management agreement for notice terms, and make a plan for transferring records, deposits and keys. An attorney can help with contract questions.
How a property manager can help
Depending on the owner’s needs, a property manager’s services can include marketing, applicant screening, rent collection, maintenance coordination and monthly owner statements.
Ironhorse Management has worked with Gallatin Valley owners since 1979. Learn more about our rental property management in Bozeman, or if you would like to talk through your rental, contact our team or call (406) 586-4933, Monday through Friday, 10am to 4pm.
Please note: This article is for general informational purposes only and is not legal, financial or tax advice. Every property and situation is unique. It’s wise to consult an attorney and/or CPA for legal or financial matters, and to review your lease, Montana law and other appropriate resources before making decisions, rather than relying only on this article.