Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 months ago on . Most recent reply

User Stats

2
Posts
0
Votes
Luis Cerwin
0
Votes |
2
Posts

How long should I give my PM to Rent a Unit before changing PM?

Luis Cerwin
Posted

I have a single family house in Detroit (I'm out of state) for past few years. This october the tenant left without warning and house went vacant. Repairs were needed and were finished by early december. Now the house has been sitting vacant for over one month despite PM putting it on zillow and other sites.

I'm curious, at what point does this reflect poorly on PM and suggest I should get antoher PM? On that note, any good PMs anyone would recommend in Detroit area?


Also concerning, I just looked at zillow post and the pictures are very grainy and unflattering, even though they should have access to the nicer photos (I have had these for years, see below)..

I've also been getting lots of calls form companies wanting me to sell my house. Anyone familiar with PMs who collude with house-hunting companys to purposefully make me more inclined to sell?


The picture they have on Zillow vs one of the several I have with the same view:

Most Popular Reply

User Stats

3,997
Posts
5,716
Votes
Greg Scott
#2 Managing Your Property Contributor
  • Rental Property Investor
  • SE Michigan
5,716
Votes |
3,997
Posts
Greg Scott
#2 Managing Your Property Contributor
  • Rental Property Investor
  • SE Michigan
Replied

Changing PMs is probably not the solution to your problem, and will likely create other problems.  The pictures, while not great, are also not the problem.

Across the country, it is hard to rent a place over the holidays.  If you are not from this area, you should know it is even harder to rent a place when it is the holidays and it is cold and snowy outside, and the bad weather we had the first week of January hasn't helped you.

I'd have a discussion about what it would take to rent your place.  If you aren't getting any traction within about 10 more days, your asking rent is probably too high for this time of year.  Consider lowering your asking rents before changing PMs.

  • Greg Scott
  • Loading replies...