Property management in Toledo OH

[Scott Brock]

My business partner and I will have our first SFR property renovated here shortly in Holland, OH and was wondering if anyone had any good contacts or suggestions for property management companies? We both live in California but I grew up in Holland and wanted to get in the market in my home town.

Anything you have to offer is welcomed and I can’t wait to hear from everyone.

Thanks,

Scott

[Rebecca Lebowitz]

I am not in Ohio, so I can't recommend any particular company, but here are a few tips from a property manager:

1) Check references! I always voluntarily supply three clients who are more than happy to speak to potential investors about how I handle their properties. Ask their references lots of questions-if they are happy with their property manager, the references will be glad to sing their praises.

2) Ask pointed questions-how do you handle a difficult tenant in [insert specific situations that maybe you have concerns with-like non-payment of rent, disruption of peace, etc.).

3) See what sort of property management software they use.

4) Look at their management contract right away, give yourself time to comb through it-even bring it to your attorney, if that makes you more comfortable.

5) Ask what type of properties they manage. For example: personally, I focus on higher-end properties in specific areas in Rochester, and am not as well-versed in very low income areas of the city and choose not to manage in those areas. Make sure their area of expertise reflects the type of property you want them to manage.

6) What is their rent collection procedures and policies.

Your property manager is the connection to financial success or failure associated with this property. A good property manager will make you successful, and a bad one can unfortunately cause a lot of economic damage, so choosing wisely is imperative! A good one will truly understand and value this fiduciary responsibility.

Feel free to send me a PM if you want any more questions to ask (I have lots more suggestions but don't want to write a novel)-hope this helps :)