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Updated almost 10 years ago on . Most recent reply

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Cynthia Rinne
  • La Quinta, CA
0
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5
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Finding a Great Property Manager - All reviews in my area don't look good

Cynthia Rinne
  • La Quinta, CA
Posted

Hi,

I am preparing for my first investment property for a rental :)  Due to the high cost of where I live, I will have to buy about 1.5 to 2 hours from my home.  The google plus and Yelp reviews are disappointing.  I know you have to take the reviews with a grain of salt, but it makes me nervous since I know that a bad property manager can really do a lot of damage.  I looked on NARPM.org and there are NONE in that area.  There is one property manager that is about 30 miles away.  I don't know of any investors to get referrals from.  

Any advice for minimizing the risk in choosing one?    

I'm assuming a contract is signed.  Is it possible to get out early if you are unhappy?

Any thoughts on taking on the PM aspect from a distance?  I work full time. I am in real estate for my job so the leasing aspect doesn't scare me, I have access to the forms and people who can help with that.  Just wondering how to handle showings and maintenance since I work 8-5 M-F.    

Thanks for any help!

Most Popular Reply

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685
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334
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David Avetisyan
  • Rental Property Investor
  • Glendale, CA
334
Votes |
685
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David Avetisyan
  • Rental Property Investor
  • Glendale, CA
Replied
Originally posted by @Cynthia Rinne:

Thanks to everyone who commented.  Very helpful information!

@Matt Groetelaars Do you know of any areas in CA where there are deals AND good property managers? :)

 And that, my friend, is the sixty-five thousand dollar question!

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