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Updated over 3 years ago,
Firing a Property Manager
The time has come to part ways with my current and first property manager! They're unresponsive and the complete opposite of being proactive. When they fix things it appears they put bandaids on leaks and the same problems continue to occur, even though I am always authorizing them to fix things to perfection and spend the extra money, I want to take good care of my tenants and my properties. I have to request my rent payments every month, they never send automatically. Anyway, the reason for my post is I am investing remotely. I am across the country and my concern is that with firing the PM, they can really make this transition difficult and costly for me , if they wanted to. In a perfect world they act as professionals and we don't have a problem, but I like to prepare for the worst. Does anyone have any tips on how to navigate this process, outside of the obvious? Any personal experiences or stories that might be good for me to hear? Much appreciated!