property managers

[Andrew M.]

what are the biggest problems people have run into with using property managers? What do you look for in a good property manager?

also how much harder is it to have positive cash flow on a property with the extra expense of the manager? what is a normal percentage for a manager to take?

[Ryan Webber]

I think the biggest problem I see with property managers here is deferred maintenance. They're usually good about collecting rent because that's how they get paid, but I've been rather disappointed in local property managers with not keeping up the property.