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Updated almost 4 years ago, 12/14/2020

User Stats

63
Posts
3
Votes
Constantia Petrou
  • Investor
  • Burlingame, CA
3
Votes |
63
Posts

Working effectively with property manager

Constantia Petrou
  • Investor
  • Burlingame, CA
Posted

Hi everyone,

I just hired a property manager to manage several of my single family homes (class A). He is very good at assessing the market, showing the properties and finding tenants quickly. He seems to not be very transparent on issues that come up though- he does not let me know the issues and the cost of repairs until the end of the month when I get a statement with deductions for repairs (I'm referring to major issues and repairs costing upward of $500). He is an honest person and quite experienced (which is why I hired him) and I want to improve our communication. Any suggestions on best communication practices you have developed with property managers would be most appreciated.

Thanks

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