Property Managers, Red Flags?

[Bob Beach]

We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, the PM brought up a small "safety hazard" repair. A couple 6' boards and paint for something like $500. Then, a plumbing issue. They brought in a "plumber", said the house had multiple leaks in the pipes, needed re-piping and concrete broken up to fix the second leak. Estimate is $4500. I had Roto-Rooter go get me a second estimate and they say, "there's no leak. Water pressure holds at the meter. Pipes are fine and doesn't need re-piping".  Total cost to me = Free estimate. 

Anyone investors have similar experience?

[Nathan Gesner]

Quote from @Bob Beach:

Why did you choose this mom-and-pop manager? Is it because they were cheaper? You thought they would have more time to focus on your property and treat it like it was their own?

Cheaper doesn't mean better. I recommend you look for a professional manager who knows what they are doing.

Good on you for checking on their work and catching this problem. It's important to supervise your manager, at least for a while, to ensure their words back up their actions.