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Updated over 1 year ago, 10/02/2023
Seeking Insight: Review of Property Management Account Expenses
Hello BiggerPockets Community!
I hope this post finds you all in good spirits. I'm currently working with a property management company in Cincinnati, Ohio and I've noticed a few discrepancies in my account statements. Before jumping to any conclusions, I thought I'd reach out to this knowledgeable community for guidance.
Would anyone here be willing to go through my property management account, scan all the expenses, and share their opinion? I'm trying to determine if my current management company is genuinely legit and efficient or if I might be better off looking elsewhere.
Some things I'm curious about:
- 1. Are there common "red flags" to watch out for in such accounts?
- 2. How do the expenses of my current company compare with industry norms?
- 3. What experiences have you had with property management companies, and what should I be wary of?
I genuinely appreciate any advice or recommendations. Switching to a new company is not a light decision, and your insights will be instrumental in helping me make an informed choice.
Thank you in advance!
Best,
Artur