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Updated 5 months ago on . Most recent reply

User Stats

17
Posts
2
Votes
Erin W.
  • Los Angeles, CA
2
Votes |
17
Posts

Pillario Property Management

Erin W.
  • Los Angeles, CA
Posted

Does anyone have any experience with Pillario Property Management?

They seem to be a relatively new company and I'm being prodded towards them by my TK provider.  They are claiming the house I'm looking to buy should rent for over $200 what I'm finding on rentometer, craigslist, zillow, etc, and even a rental appraisal from my house's appraisal report.  Their explanation is that the numbers I'm seeing come from sources that only use data that is reported to them by realtors who choose to list rentals there for example and that most management companies like them will not publish their actual rents so their numbers are based on their own comps which are more accurate.  When pressed further he gave me some vague comps, however "my" house in question is a 2bd/1ba and when I asked, most of his "comps" were 3bd/1.5ba and one was 4bd/2ba!

It just doesn't sound right to me and I think because they're so new, I'm not finding much in terms of reviews/recommendations of their company.

  • Erin W.
  • Most Popular Reply

    User Stats

    7
    Posts
    4
    Votes
    Brandon Morris
    • Rental Property Investor
    • Indianapolis, IN
    4
    Votes |
    7
    Posts
    Brandon Morris
    • Rental Property Investor
    • Indianapolis, IN
    Replied

    I don’t have any experience with them personally but can vouch for Sterling from Ethosity Property Management. 

    He is the VP of the local REI Association and an all around great guy. I believe they do free assessments if you wanted to get a second opinion.

    Hope this helps.  

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