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Updated 4 months ago,

User Stats

31
Posts
13
Votes
Sara Emmanuelle Dube
13
Votes |
31
Posts

Morning Side 2 Duplex Owner with Tenants - Update 5 Months into purchase

Posted

Hello! 

This could help newcomers and I am one also, 5 months in. newbie. BP has been great for me :)

An update here on the Morning Side duplexes we bought in Detroit. Bought Feb 21. Signed with PM March 21st. 

3 out of 4 units are still occupied with only one tenant paying rent and utilities ( Im unsure actually if he's paying all utilities). 

Detroit inspectors gave us some homework to get the place compliant as a rental. That is not done yet. 

Repairs are slooowwww. One team is doing all the work. It appears that the electrician comes to change one plug, and is then hired again the next week to change a plug in another part of the building. Not efficient management. 

Ive run out of time on the trial period of 3 months with PM. We need to pivot now. 

Option 1) Find another PM  

Option 2) Manage from a distance

I've already accumulated many tips so happy to share anyone! But also looking for more advice going forward. 

Thank you!

Sara Moulton

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