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Updated over 4 years ago on . Most recent reply

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Changseok Kim
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69
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How to connect with property manager

Changseok Kim
Posted

Hello,

I am living in kalamazoo, MI, and I am looking for my first potential investment property. I spotted a couple of houses that I think may be decent deals. I want to check with local property managers to verify how is the rental market and average rent in the area. However, I am not sure of how to find good property managers. I tried to find in BP, but everyone i can find seems to be realtors, but not necessarily property managers. How do you find good local property managers?

I will appreciate your advice and thought.

Thank you.

Most Popular Reply

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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
5,057
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6,017
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Changseok Kim go to zillow, realtor.com or apartments.com and back track who has rental listings in your area. This is probably the best way to go in a secondary or tertiary market. You will probably find that property management can be an issue if you are in a smaller market though. The margins are slim and it is all a volume game. In bigger markets there is more potential profit. 

  • John Warren
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