Property owners hire management companies to deal with properties because the owners lack the time, the knowledge or the desi ... re to manage properties themselves. If a property manager isn't competent and dependable, the owner won't trust him and won't find the peace of mind that he was seeking when he hired a manager. A good manager makes a property owner happy to pay his fees because he takes care of everything so the owner is free to pursue other projects. The manager needs to be independent, consistent, and knowledgeable enough to deal with problems effectively as they arise. Knowing the right people is important in any business field, and property management is no exception. Every city has a community of individuals who are involved in real estate, renovations, rentals and development. Maintaining relationships with as many of these people as possible will make you part of a potentially lucrative network. Spread the word through social and business connections that your management company is available for hire. When people who already know you purchase a property, they are far more likely to contact you to manage it, rather than a stranger, because trustworthiness is so important in the field of property management. read more