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Updated about 2 years ago on . Most recent reply

User Stats

108
Posts
66
Votes
Matt Speer
  • Rental Property Investor
  • Indianapolis, IN
66
Votes |
108
Posts

Would you fire your PM if their days on market avg was over 40?

Matt Speer
  • Rental Property Investor
  • Indianapolis, IN
Posted

Serious, yet simple questions: 

Question 1: If you found out your property management company had an average days on market of over 40 days would you immediately fire them and look elsewhere? 


Question 2: 
If you answered yes, to question 1, what do you look for in a new property manager? 

Question 3:  How do you know your new PM isn't just a good salesperson?

Most Popular Reply

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3,504
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3,251
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John Teachout
  • Rental Property Investor
  • Concord, GA
3,251
Votes |
3,504
Posts
John Teachout
  • Rental Property Investor
  • Concord, GA
Replied

If I had a management company, I would want them to be selective in their tenant placement. I'd rather have vacancy of a unit awaiting a tenant than vacancy due to an eviction or torn up unit. If the manager places any warm body, the stats may look better but the results may be dismal.

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