Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago,

User Stats

356
Posts
311
Votes
Allen L.
  • Rental Property Investor
  • Chicago and mainly invests in KS remotely
311
Votes |
356
Posts

Tenant told me she has experience as property manager?

Allen L.
  • Rental Property Investor
  • Chicago and mainly invests in KS remotely
Posted

Hi guys,

I just closed on a property and the tenant who is in the section 8 program told me that she has had experience as a property manager before. I did find a property manager, but he isn't very responsive and have been avoiding to tag along on the closing walk through with my agent tomorrow. I am wondering if it's a good idea to offer the tenant PM responsibilities? It's a duplex so PM manages both units. I assume it's kind of obviously a bad idea since there is a conflict of interest, plus I doubt she's licensed or insured. The pro is that I assume I will save on expenses. 

I heard Tenant PM in larger multi-family isn't unheard of, but this is a duplex property. From what my agent tells me, this tenant is very responsible, pays on time, and fixes whatever stuff she can fix on her own instead of calling maintenance.

Just want to check my sanity and see if there are any cases where an investor has succeeded with tenant PM.

Loading replies...