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Updated over 7 years ago on . Most recent reply

User Stats

8
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1
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Oliver Posewitz
  • Investor
  • Norfolk, VA
1
Votes |
8
Posts

Property Management Company Issue

Oliver Posewitz
  • Investor
  • Norfolk, VA
Posted

I'm in need in some perspective, I have three duplex units that I chose to have managed by a company that has been around for a long time.  They seems to be very bogged down though, and I feel as though not enough attention has been given.  I am on my third week of waiting for estimates to replace all the plumbing in all the units as they are old and causing constant leaks.  Is this a normal time to wait for the estimates?  Where is a good resource to find property managers?  Please help! 

Most Popular Reply

User Stats

377
Posts
379
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Brad Larsen
  • Property Manager
  • San Antonio and Austin, TX
379
Votes |
377
Posts
Brad Larsen
  • Property Manager
  • San Antonio and Austin, TX
Replied

@Oliver Posewitz@Andrew Johnson

What you have presented here is PROJECT Management, not Property Management concerns.  You have 6 total units that you want large plumbing projects done.  You are using your Property Manager like a General Contractor and asking them to get you numerous bids about a project that will most likely be $20,000 or more.  How much is the PM making from this PROJECT you are forcing on them?   

My recommendation is YOU take this on.  This is probably something your PM agreed to because they did not want to tell you "NO".  

Here's a good article on working with a property manager that may help:

https://www.biggerpockets.com/forums/52/topics/402...

Good luck out there!

  • Brad Larsen
  • Loading replies...