Metro Detroit / SE Michigan - Handyman Services

[Oksana Walls]

Hello all,

I have some properties in metro detroit area that a friend is helping to manage but lately there have been more than usual amount of maintenance issues and I am looking for a handyman that's my "go-to guy" - I have tried the handyman service companies but in my experience they try to screw you over every chance they get and I have come to lose all trust in them.

Anyone know someone who is a freelance handyman in the area? I have 6 units.

[Jim Wellington]

Quote from @Oksana Walls:

Quote from @Drew Sygit:

@Oksana Walls what do you have against hiring a property management company?

Otherwise, suggest you go to Facebook Group Metro Detroit Real Estate Investors and ask there:)

 Nothing against property management companies. I have been getting by with my friend helping for now (at low cost compared to PM company) and it's worked but actually I am actively looking for a property management company now :) Happy to discuss with you on this topic and thanks for the hint!

As an investor I personally don’t use a PM company. Not because I have anything against them.  It seems to me that when it comes to PM companies everyone’s first criteria is what do they charge. My sister company, which is a DSCR lender Level Up Capital LLC deals with property managers all the time as part of our loan process for investors. 

To me it should be what do they do for what they charge. Cost should only be an objection in the absence of value. If company A charges less but is understaffed, slow to respond, has you locked in with subpar marker rents, and as a result picks poor tenants then what benefit are you gaining by saving 25 bucks per month?

Now if company B charges more and that nets you better service, higher rents, better tenants, less damages as a result, and increases your bottom line should you really be haggling over 25 bucks per month???

When we do loans we have to communicate with the PM and I assure you from our perspective it’s clear what property managers operate like a well oil machined and the others that most likely are providing inferior results and services to their clients.