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Updated almost 11 years ago on . Most recent reply

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18
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Clint Cook
  • Real Estate Investor
  • American Fork, UT
2
Votes |
18
Posts

Utah anyone used the company - Real Property Management

Clint Cook
  • Real Estate Investor
  • American Fork, UT
Posted

I met with "Real Property Management" yesterday. I'm considering using them to manage my first property. Does anyone in Utah have experience using them and what are you thoughts about them?

Most Popular Reply

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1,342
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William Hochstedler
  • Broker
  • Logan, UT
1,063
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1,342
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William Hochstedler
  • Broker
  • Logan, UT
Replied

RPM is a franchise company based in Ogden. Their corporate model is to sell franchises--so their fee structure is built to benefit the property manager not the property owner. We have seen many people try RPM (in Logan) and leave because of the incessant fees. Different franchises might vary greatly in quality of services. Many owners are drawn to them because of their market reach, technology, and corporate branding.

I've found that the best property management companies are companies founded by investors who grow to a size where they have to implement a formal property management structure to manage their own holdings. It only requires a license for them to offer their infrastructure to third parties. And their management goals are most closely aligned with other property owners.

Wm

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