At Mynd, we’re confident that we’re the highest quality Seattle property management service. Don’t take us at our word, though. Let us prove it to you!
Ask us for references.
Request our internal customer satisfaction scores.
Read reviews online from multiple sources.
Have in-depth conversations with our property managers.
Ask to take a peek at a sample operating budget and a line-by-line explanation of all the fees and services. You want to know all the details of what you’re paying for and not agree to any services you don’t want or fees that lead to a conflict of interest. There are two reasons for why.
Operating Budget: You can see how your property manager does their bookkeeping, estimate how much money to invest, judge if tax deductions are being maximized, and study cash in and outflows, so you know how your investment dollars work.
Fee Breakdown: If your lease agreement stipulates that fees will be applied for late rent payments and lease violations, then it’s a red flag if your property management company gets a percentage of those fees. That rewards them for mismanaging your investment. It also creates a conflict of interest because collecting a percentage of the investment creates a motivation for your company not to remedy the problems because the persistence of those problems means additional profit.