Property Managers Suck

[Marisa R.]

I know this is a controversial subject, however, this has been my experience in USA.

I am a foreign investor that has been playing in US since 2011 in 2 different markets and its clear to me that property management services needs an overhaul.  Please don't shoot the messenger.

I have had to guide my property managers on how to property manage my properties and its taken quite a lot of work and some pain. Please do not think I am being precious its just what I see, seems to be too much money grabbing and not enough focus on how to provide a quality property management service to landlords.

We are spoilt for choice in Australia for great property managers.  If they underperform they are out the door as there are so many excellent PM services. In Australia I rarely ever change property managers as I don't need to. 

Don't get me wrong, not really complaining, more like just having a rant....lol, I have learned to work with the system and try to get the best out of it. 

[Federico Gutierrez]

Tenants in Australia are not Savages compared to what you find in USA that's the difference.

For example you would never find a war-zone in Australia. Best comparison is your Detroit A area is your average  C area in Australia. 

So you aren't comparing apples to apples. Then Australia has higher priced homes compared to markets in USA. Again tenant quality is going to better with respect to cost of living.