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Updated over 4 years ago on . Most recent reply

What is the Biggest Challenge in Property Management Today?
Let's start this discussion with a question. Mastermind and brainstorming solves all issues. What are the biggest challenges you may be experiencing as a property manger or owner operator in the real estate space. Let' discuss and see if a group of us can help solve theses issues and make life and business a little less stressful.
Most Popular Reply

@Nathan GesnerThe biggest challenges in a place like Cleveland where good tenants are not standing in line to rent; is that investors buy in marginal neighborhoods where the housing stock is in constant need of maintenance and finding tenants who pay the rent (typically with a credit score over 600) is a challenge. Additionally, water and sewer bills are high relative to rents in a typical 2 BR unit in a multi-family property.
Bob Collett
Remax Trinity Property Management in Cleveland