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Updated about 2 years ago on . Most recent reply

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31
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Joseph Waitkevich
  • Investor
  • Massachusetts
14
Votes |
31
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Switching Property Managers Prior to Sale

Joseph Waitkevich
  • Investor
  • Massachusetts
Posted

Hi All, 

My partners and I have found ourselves in an interesting situation. For context: We have a property manager we would like to move on from for a multitude of reasons. We have a property that we intend to sell as soon as possible but we have some repairs and tenant issues to deal with before this can be done. I could go on all day about why we have little confidence in our property manager but end of the day is we are concerned with how long it will take to address these issues because of this. We are out of state investors so short-term self management is out of the question. 

My question: Is it feasible to get a new property manager to handle these tenant issues and repairs without the promise of being the listing agent? (as we already have one). We are thinking that it may be hard to find a PM willing to take on these issues for short-term management, though we do plan on immediately purchasing a new property in the general area. 

Most Popular Reply

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28,236
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41,350
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,350
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28,236
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Joseph Waitkevich:

Most property managers are not interested in managing for anything less than six months. They're even more unlikely when you are in the process of delaing with tenant issues and repairs.

All you can do is ask.

  • Nathan Gesner
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