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All Forum Posts by: Deirdre Lizio

Deirdre Lizio has started 1 posts and replied 12 times.

Post: I did it! Bought my first multi!

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

Nice work!  When do you take possession?

Post: Feedback on Rentvine

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5
Quote from @Thea Chard:

@Greg Abel Ive been using AppFolio for about 2 years now (took over from an old school firm that did everything by paper and had minimal record keeping at best). Support has gone down substantially imo while costs have gone up. big issue for us was the announcement lady year that tenant ACH payments were going from free to $2.50/pop, or you can cover it for $1/unit but you have to do all doors and can’t pick and choose (despite there being a beta that they announced, told me I could join, then later told me I couldn’t join bc it was too late and blamed me for not asking sooner when I literally asked right away and followed up repeatedly). I can’t afford the $5/unit tier so maybe their support is better but our definitely sucks and definitely shows their internal teams are not on the same page, resulting in mixed messages constantly, sub par support and honestly a lot of gaslighting. 

I manage 210 units (mix of mostly multi fam, some mixed use/commercial and a handful of single fam). I personally do not use their maintenance features much bc they’re pretty clunky and honestly don’t make much sense unless you manage an in-house maintenance team. We vend out mostly Ave none of our vendors want to use the vendor portal to communicate—they have their own business management systems and don’t need to bother using a new one just for us. 

Im contemplating a move away bc i see the writing on the wall with AppFolio. Im growing my biz, but im never gonna be a mega 1000+ unit manager and i cant afford the higher tier list to get features i feel flood be more suited to my mud-size needs already. I have other thoughts, but that’s the quick explanation. Im weary of the work it takes to switch, but am looking and definitely considering it before we get in too deep. 

 @Thea Chard Rentvine has no mixed-use building type.  This has been a frustration for us.  As a work around, we use a residential building and mark rents as commercial income.  We used to have the commercial unit and the apartments as separate buildings but that caused other issues.  It was very difficult to combine the buildings later and caused problems in the ledgers.  I would suggest anyone using Rentvine for the first time to carefully set up the portfolios in the first instance.  Making changes later is unforgiving.  

Post: Looking for insurance broker for umbrella and renter's insurance

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

Hi Alex, I have used Anthony and Greg for some of my property management clients and they've been happy.

Anthony Cingranelli

Sales Director | Ironside Insurance Group, LLC

112 Water Street, Suite 401 | Boston, MA 02109

Mobile: 617-777-4967 | Work: 617-906-6987 | Fax: 617-906-6987

[email protected]

www.IronsideIG.com

Gregory Drake

10 Tower Office Park STE 318

Woburn, MA 01801

Ph 781-438-5666

Dd: 781-787-2050

Fax 781-279-1180

[email protected]

www.sgi-ma.com

Post: Should you pick a property manager based on price or service?

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5
Quote from @Marco Padilla:

Hey Deirdre,

To address your questions:

  1. Providing freedom by handling day-to-day operations.
  2. Offering peace of mind through proactive maintenance and tenant communication.
  3. Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.
  4. Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.
  5. Is the experience still important when the property thrives financially?
    Absolutely. Even when financial goals are met, the experience shapes how owners and tenants perceive the property. For tenants, it’s about feeling valued and supported. For owners, it’s about knowing their investment is being managed with care and integrity. Thriving financially is one aspect; the human side keeps people engaged and loyal.
  6. Do expectations vary by property type or asset class?
    Expectations absolutely vary. High-end properties might require a white-glove approach with customized services, while more modest properties may prioritize affordability and efficient communication. Regardless of the asset class, the common thread is clarity, consistency, and respect.

At Robin Hood Properties, we’ve learned that balancing profit with a deep commitment to customer satisfaction creates sustainable success for everyone involved. We’d love to collaborate further and share more ideas as you develop your vision. Let us know how we can continue the conversation!

Warm regards,
MP
Robin Hood Properties

 

Thanks! Just emailed you.

Post: Should you pick a property manager based on price or service?

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5
Quote from @Heath Sizick:

The best to you in whatever you decide. 

Our property management company is 4 years old and nearly every lead we get is from referrals. Our owners spent $0 in marketing. Clearly if it isn't profitable it wouldn't be a good decision. Service matters. IMO what will make your company successful is the value you offer to your owners/clients & your tenants. Value in both tangible and intangible ways. Great communicate & handling maintenance well are musts. In our area 67% of tenants will move locally because of issues with maintenance - which are often issues with communication.  

Lastly, find your niche. Our company prides itself on being PM's of investors for investors. If interested, I could connect you with our owner. I am sure he would be more than happy to talk with you. 


 Hi Heath, I would so appreciate an intro to your owner if you don't mind!  

Post: New MA ADU law can be a gamechanger!

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

I agree with you that there should be more hype.  I remember when they put this is place in Portland, OR and there was a ton of interest.  I didn't follow the impacts on the housing market though.

Great website.  I think you're on to something!

Post: Should you pick a property manager based on price or service?

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

Amazing perspective from all.  Thanks so much for sharing your wisdom!

Post: Should you pick a property manager based on price or service?

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

Thanks, everyone.  It sounds like this is a lot about getting the core services done right and following through on what's promised.  Although as @Drew Sygit asks, what have those PMs that pledged to do it better now learned that may bring them back into line with main stream service providers?  I am wondering what it takes to deliver a higher customer experience, equivalent to receiving a warm wash towel at a restaurant table before you eat.  Is it worth it to deliver an exceptional customer experience if 1) no one expects it and 2) it could impact profitability?  I would like to think it is worth it, and that I could run a business model that serves fewer customers really well rather than deliver basic services at scale.  

Post: Should you pick a property manager based on price or service?

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

I’m working on building a property management company in Boston that truly solves real problems for owners and tenants, and I’d love your insights. Here’s the big question: Is property management all about profit, or should it be more of a customer-focused experience? What makes a property manager actually worth it— having more freedom, peace of mind, saving money, reducing risks, or something else entirely?  Is the experience still important to you, even when your property is thriving financially?  Do expectations vary by property type or asset class?  Thanks for any thoughts on this!  

Post: Boston Investor Struggling to Start

Deirdre LizioPosted
  • Property Manager
  • Boston
  • Posts 12
  • Votes 5

Maybe you could go a less traditional route and split a down payment for an investment with friends or colleague who share the same goals.