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All Forum Posts by: Josh Otero

Josh Otero has started 4 posts and replied 28 times.

Post: How do you manage all the different keys?

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

Hi, my name is Josh and I'm a property manager in Los Angeles. I'm expanding quite quickly and have a bunch of different keysets for the properties I manage now. A question to my fellow property managers, how do you manage all the different key sets for all the properties? 

Post: Tenant Temporarily Without Heat Question

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13
Quote from @Logan Beckner:
Quote from @Chris Seveney:
Quote from @Logan Beckner:

Looking for some advice for a current situation for one of our rentals that we self manage. On 2/20/25 our tenant said that the HVAC heating was not working. I went out that night, reset the breaker and the furnace - heat came on and worked no problem. The house was 72 degrees at the time. 24 hours later the tenants said that the heat was again not working. The thermostat was set to 72 but the inside of the home was 68 and the furnace was not coming on. That was on Friday at 7pm. So we contacted our HVAC person and they agreed to come out on Monday 2/24/25 at 8am. In the meantime, we offered space heaters so that they would be more comfortable. On Monday morning the HVAC tech came to the home and determined that the control board failed on the unit and would take about 5 days to get the part for install. Now, the next day on 2/25/25 the tenant is requesting that we give them a 25% reduction in the rent for the month, sighting that 30% of the month they have been left without heat. They claim that they cannot use the space heaters at night due to it not being safe. I have never come across a situation like this so I’m reaching out to get some advice. Let me know if there’s anything you need clarified to help! Thanks everyone. 


 This is what renters insurance is for.

Chris, thanks for the reply. Could you elaborate by what you mean by this? 

 yes, I'm also curious to hear about the renter's insurance and how it plays a factor in this scenario

Post: $500k to Invest, What Would You Do?

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

Hi @Leslie Beia, congrats on the cash you currently have! Having $500k is a big accomplishment. You don't always have to put it back into real estate. There may not be property flips you see, but some flips or investment ideas that other people have. You've probably heard and have been suggested to invest in stocks, bonds, or have thought about other real estate alternatives. One I may add is becoming a hard money lender.

Post: Thinking of changing my PM but am terrified that the process will be a nightmare

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

Hi Joseph, if you have 4 single-family's, I recommend you ask to see each one of their lease agreements and screening processes. As a PM myself (in California) I take pride in my leasing contract and screening process because that removes so much headache in the future. If it's not written in the contract, professional tenants will always see what they can get away with. And proper screening prevents those people from even renting your place.

Post: Profit Sharing Bonus for Property Mangement Staff

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

PM Company Owner here. What we do for profit sharing with our employees is we give them a percentage of the leases they complete as well as lease renewals. You can determine the percentages but we give them 50% of what the company receives from the owner upon a new rental. We also give the agent $100 for every current tenant that resigns for another 12 month lease.

Post: My First Property Manager

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

Definitely look at the reviews and ask about their whole process. Ask what happens during certain scenarios, quiz them to make sure they would handle it quick. Some Q's to ask:

1. What is your process on late rent?

2. Have you ever delt with any evictions? If so, how long does it take to evict the tenant?

3. What are some stories you have with dealing with difficult tenants? How did you solve it?

All good PM's can answer these questions like the back of their hand. You'll be able to spot out a real one from a fake.

Post: Nightmare Tenant - This is why you need a property manager!

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

100% agree that they should've gone with a property manager. One thing my property management company does, is that we give the tenant a move-in checklist before we give them the keys. We allow them to note anything they see wrong with the property before moving in and they sign it. That way, we won't run into any of these problems in the future.

Also, a property manager would've been able to sniff out a tenant looking to take advantage while touring them. The screening process is so important and the one's who move people in all the time have a 6th sense for these kinds of things.

Post: Nightmare Tenant - This is why you need a property manager!

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13
Quote from @Greg Scott:
Quote from @Phillip Austin:

One of the best examples I found this year as to why you need a property manager (especially in Colorado). This client chose not to use our services and instead, tried to self-manage their primary. This was the very first time they had rented it; brand new landlords. The home was clean and in great condition. The showings with the tenant went well and they didn't have any questions during the showing. They moved in and within 24 hours sent the following letter (names have been changed):

"Hi Dawn and Brian,
Sindy and I are frustrated, disappointed, and really struggling with the idea of moving forward with the move into your home.
We realize this is the first time you have rented a property to someone, and may not be aware of the responsibilities that landlords have, and want to inform you that there are habitability issues with the home that are quite literally against the law, pursuant to Colorado’s Warranty of Habitability Law, CRS §§ 38-12-501 et seq. See below for explanations, with headings taken from the attached document.
Broken windows or exterior doors-
The two narrow windows in the living room do not fit into the walls properly. Both screen doors upstairs do not function correctly.

Plumbing problems-
The garbage disposal in the kitchen was not cleaned, is smelly and the rubber is flipped outwards.
The bathroom sink in the smaller bedroom does not drain correctly despite us using an entire bottle of drain cleaner on it.

Common areas that are not kept clean or have garbage-
There was no attempt to clear the patio of years of accumulated debris and filth. We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters. Window ledges had debris and dirt. Spiderwebs were all over the patio, fireplace, basement and ceilings. Upon move-in, appliances, cabinets, floors and walls all had built-up grime and residue from your habitation of the home.

Infestation of bugs, pests and rodents-
There was no attempt to treat the house for pests, as evidenced by the more than 15 spiders we have already seen in the basement, and the live, active wasp nest in the patio fence.

Floors, stairways and railings in poor condition-
The carpets are stained and smelly. The carpets covering the stairs are matted down, stained, and especially smelly. The smell has not dissipated, pointing toward a bigger problem than one shampooing can fix, and because the living room carpet was still full of indents from the previous furniture it is unlikely that the carpets were properly shampooed. Furthermore, after having a dog live in the house for 3 years there is almost certainly animal urine that has soaked through the carpet into the subfloor. To remedy that, the carpets should be ripped up and sealant applied to the subfloor, at minimum.
There are also tiles in the smaller upstairs bathroom that are lifting up and creating a safety hazard; putting a rug on top is not a sufficient solution.

The house is in a condition that materially interferes with the health of household members. Tenants have dog allergies and chronic asthma; the persistent smell and the dog hair found in multiple areas so far are harmful to our health and have, can, and will exacerbate health conditions of tenants.

We believe the issues described above present a materially dangerous or hazardous condition to the health and safety of our household. We are thus asking that you fix the problems. We are within our rights as tenants to request that you initiate a fix to the problem within the next 24 hours due to the condition of the house presenting both health and safety hazards. If you are unable or unwilling to do so we may elect to terminate the lease and request a return of our deposit--which we offered in a good faith agreement that we would be presented with a habitable dwelling--and our prorated rent. If that is the path moving forward we will be left without a home as of 9/21/24 which will create incredible financial, mental, and physical stress on our part. We hope that you can remedy the situation so that we can move into a habitable home.
Suggestions that we have to fix the issues:

  • Hire a company to rip up the carpets, treat the subfloors, and replace the carpets, at least on the main level and on the stairs.
  • Provide an air purifier as a start to remedying the smell.
  • Replace the garbage disposal.
  • Hire a plumber to fix the draining issue in the bathroom sink of the smaller bedroom.
  • Fix the tiles in the upstairs bathroom so they no longer present a safety hazard.
  • Replace or fix the screen doors.
  • Fix the gap between the windows and the walls in the living room.
  • Hire a professional company to treat the entire home for pests. This is typically done 3x a year.
  • Hire a company to deep clean the washing machine, drier, and dishwasher.
  • Reimburse us for the combined 8 hours we have now spent on cleaning the home.
  • Repaint the walls, at minimum in the basement.
  • Prorate our rent for the days we are unable to be in the home due to the current issues and any repair time.

Please let us know how you would like to proceed.
Thank you,Sindy and Cary"

You need a professional property manager!

Wow. That was quite a letter. 

This was clearly a "professional" tenant.  They have probably done that same thing multiple times over the past decade.  As soon as they make a house unlivable, time to move to the next uneducated landlord.   OUCH.

 A professional tenant indeed. Sadly people will always try to get away with these things when they can.

Post: "Reject" tenants that would have passed screening?

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

Hi Brandon, 

This is a great problem to have lol. I would let the other applicants know that there is already a tenant that rented the place. So that is the reason why you will put reject.

Post: LA meetups for networking?

Josh OteroPosted
  • Property Manager
  • Los Angeles, CA
  • Posts 29
  • Votes 13

Hey @Chris Pratt

I'm also in the LA/SFV area. There's a meetup that's shown on the BP site. I don't know how many people are going to show up but here's the link. If there are any others that we know of, let's share them with each other.

https://www.biggerpockets.com/forums/521/topics/1226631-real...