Do you ever find yourself having the same conversations over and over in your head about your job? The owners of a successful property management company know all the answers and the secrets of the trade. In case you found the guts to ask them out for lunch, be sure to ask them the right questions so you too can be successful in the field.

Find people who are successful in your industry and try to reach out to them. Treat them as your mentors and foster a healthy communication with them. These are the kind of people whom you want to help you out every time you feel that you’re struggling in your business

What to Ask Successful Property Management Company Owners

Below are ten questions that you can ask every successful property management company owner that you meet. The questions below seem more like magazine interview questions but they can definitely give you a better insight and the clear direction that are needed to be successful in your job.

  1. When are you at your best?
    2. When are you at your worst?
    3. What’s missing?
    4. What has been your greatest accomplishment at work?
    5. What has been your greatest regret?
    6. What’s one goal/dream you want to accomplish in the next year?
    7. What’s one goal/dream you want to accomplish in the next decade?
    8. What’s one experience (or new place to visit) you want to go to?
    9. What’s one thing you could do that might instantly improve your job?
    10. How can I Be-Do-Have and Act-As-If and how will this help me?

Why You Need a Mentor in Property Management

No man is an island and that’s a fact. You may read every textbook about property management and you still find yourself missing a skill or two. Practicing what you think you know is important. And when it comes to that, consulting with people who have been in your situation before can prevent you from committing grave mistakes.  While there are no formal mentoring classes in property management, there’s a lot of property management companies out there from which you can try to model your own business.

There’s more to property management services than what meets the eye. There are simply a lot of responsibilities that you have to do, which all requires a great deal of commitment. Without a mentor to guide you in every step of the way, you’ll struggle even with the smallest things about the business.

Ultimately, your goal should be to find a career that you are passionate about. If your passion is to build a successful property management company, then all it really takes is to love what you do, learn everything that you need to know, and acquire all the necessary skills.  Then you will be successful.