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Updated over 7 years ago on . Most recent reply

User Stats

144
Posts
59
Votes
Kurt Traynor
  • Investor
  • Moseley, VA
59
Votes |
144
Posts

Easy way to find a Property Manager

Kurt Traynor
  • Investor
  • Moseley, VA
Posted

Wow.. the easiest way to find a property manager, go visit the properties they "Manage"..  My wife and I have been searching for a rental for us to live in this past month and wow, I can't believe the condition of some of these houses.. Not sure if it's the property manager or possibly the owners fault but how can you have a rental property listed and as soon as you walk thru the door...boom "Pet Urine".. disgusting.  I manage my own property but I know when I own enough rentals that I'll need a manager, I'm going to go check out their properties, that's how I'll decide who my manager will be..   What a shame that these houses we are visiting are in the condition they are in..  we've ran into houses with no power (it's 95 degrees and humid in Florida, you need A/C).. houses with urine stains and smells.  Houses with  pools with algae growing... gross...  Again, maybe the owners of these properties make these decisions but I'd be pissed off if I had a property manager and they didn't tell me that the power was off.!!!...  

Most Popular Reply

User Stats

1,817
Posts
831
Votes
Patrick Liska
  • Investor
  • Verona, NJ
831
Votes |
1,817
Posts
Patrick Liska
  • Investor
  • Verona, NJ
Replied

Kurt,

 your way is a good way to check on PM's because if they are showing you these properties thinking you are a renter, and they are in bad condition, then it seems they do not care. a lot of times it is the owner that does not want to pay for repairs and fixing up but i too feel that the PM should care about the properties they manage, and that it reflects on them and how they may treat your properties by not worrying about them. I was one of the first 20 clients my PM had when she started and she took a few bad properties then to get the co. going, but dropped them later, her and i talk about the business a lot and have even partnered on a few things, but now with over 750 properties they manage, she will not even take on properties like that. with houses like that, they will be harder to rent and if they do it will not be for the market rent and possibly to the wrong type of tenant that will end up costing more in the long run.

  • Patrick Liska
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