Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
3
Votes
Gilbert Chan
  • Investor
3
Votes |
9
Posts

Vetting a PM team when you're out-of-state

Gilbert Chan
  • Investor
Posted

I'm starting to build my team and I hear how important it is to find a good PM.
I'm going to purchase my first investment property. I'm in California and will be focusing in the Indy surrounding suburb area.

What tips and processes do you recommend for sourcing and vetting a property manager.
My gut is telling me that I need to find a PM before I lock in on a deal.
I don't have boots on the ground, so I'm looking for one that can be that honest person to be my eyes and ears (in addition to knowing the blocks well).

Any advice would be greatly appreciated. 

Most Popular Reply

User Stats

148
Posts
127
Votes
Ric Ernst
  • Los Angeles, CA
127
Votes |
148
Posts
Ric Ernst
  • Los Angeles, CA
Replied

@Gilbert Chan you really need to get on a plane and visit Indianapolis and meet / interview your prospective team members in person. There are some really good people and others who will promise you the world over the phone or email but may not deliver. Showing up and showing them you are serious and not a tire kicker will make a difference on how things start out for you. More importantly, it'll give you some perspective on the city you want to invest in. Best of luck to you!

Loading replies...