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All Forum Posts by: Pedro Andrade

Pedro Andrade has started 9 posts and replied 37 times.

Post: Trying to switch property managers but existing one won't respond

Pedro Andrade
Posted
  • Posts 40
  • Votes 11
Quote from @Drew Clayton:

I need advice on how to handle the transition my long-term rentals to a new property manager when my current one won't return calls, emails, or texts. 

After a year+ of unreliable management, I finally decided to switch to a new company. The current PM had delayed two months of rent payments with all kinds of excuses (that is when he did reply, which was rare). Per our signed agreement, I gave him 30 days notice of termination of his services via email and asked him to remit all outstanding payments and documentation (he hasn't delivered an owner's statement since June of '24) and assist with the transition to the new PM company.

He responded to one text a couple weeks ago when I asked for an update on the transition saying he hadn't received notice from me or heard from the new PM. The new PM has repeatedly tried to contact him with no response. He's also contacted the tenants with notice of management change, but they say they won't work with him without notice from the current PM to confirm it's legitimate. 

I only have the lease and contact info for one of my two properties. The PM never sent me the other, despite numerous promises to do so, so I don't know the name or contact info of that tenant. 

I'm an out-of-state owner. The properties are in Columbus, Ohio. 

The 30 days of notice ends on Feb 27. I need to get this existing company out of my life. 

Open to all suggestions.

What a nightmare! This is exactly why we don’t believe in locking clients into lengthy contracts—we’d rather earn your business every month. If a management company isn’t adding value, there’s no reason to stay stuck. It’s frustrating when one side refuses to cooperate, but there are ways to push forward. Have you considered legal action or involving the tenants directly?

Post: Advice on Becoming a Remote Landlord

Pedro Andrade
Posted
  • Posts 40
  • Votes 11
Quote from @Amy Jones:

I'm going to buy my first property within the next couple of months and I'm curious about how people manage their properties when they are not within a driveable distance of them.

I understand they have property managers but where do you find them?

And how do you ensure that the state of the property, inside and out, is in good condition?



Hey Amy, congrats on your first property purchase! 🎉 Managing a rental remotely is totally doable with the right systems in place. A great property manager will be your eyes and ears, handling everything from tenant screening to maintenance.

When looking for a PM, BiggerPockets is a great place to start, along with investor referrals and online reviews. The key is finding someone with transparent communication, a solid track record, and tech-driven reporting (like inspection photos, video walkthroughs, and real-time updates).

I specialize in remote property management and would be happy to share insights or answer any questions! Feel free to reach out.



Post: Gov. Desantis wants to Eliminate property taxes in Florida

Pedro Andrade
Posted
  • Posts 40
  • Votes 11

as a property owner I agree with you @Jonathan Wiesniak saving $10K is music to my ears. Now I also agree with the majority of answers... this maybe just a very catchy campaign offer and nothing more than that 

Post: Nice to meet you!

Pedro Andrade
Posted
  • Posts 40
  • Votes 11
Quote from @Hilary Patullo:

Hi! We are Hilary and Corey and are new to BiggerPockets as we are interested in beginning our real estate journey. We are looking to invest in Southeast Florida and welcome any advice or information you may have. We look forward to connecting!

Hilary, Corey; 

Congrats on taking the first step toward building your real estate portfolio in Southeast Florida! It’s an exciting market with tons of opportunities. I specialize in property management and would be happy to be a resource for you as you grow your investments. Feel free to save my info—always here to help!

Looking forward to connecting!


Post: New real estate investor in Broward

Pedro Andrade
Posted
  • Posts 40
  • Votes 11
Quote from @Juan Carlos Correa:

Hello everyone! My name is Juan Carlos Correa, originally from Mexico, and now living in South Florida for the last 3 years. I’m an CPA working in the audit practice and dreaming about starting a real estate investment path for me an my family. Open to hear/read and tips and advices that could help me on my research for my first deal!

Hello @Juan Carlos Correa, welcome to BP and congrats on your decision, please keep my profile in mind in case you need anything in Property Management arena

Post: New real estate investor in Broward

Pedro Andrade
Posted
  • Posts 40
  • Votes 11
Quote from @Reese Newell:

Welcome @Juan Carlos Correa, I could use a CPA! It's been a struggle for myself to find a reliable one.  I have some homes in Ft Lauderdale and excel in the Short Term Rental space.  Happy to help with some advice and if you do a search, you'll find some solid posts I made on the space.  I'd recommend searching the forums for topics you're interested in to get a solid base and direction.  Without clear direction, we lack clarity!

 Hello Reese, 

Pedro here from TrueNest Property Management. Happy to connect with investors like you in the area. Please let me know if there is anything I can do to help with your portfolio!

Post: Trump Policies Will Put Downward Pressure on Real Estate Rents/Prices

Pedro Andrade
Posted
  • Posts 40
  • Votes 11

As someone in property management, I see both risks and opportunities here. If prices and rents soften, it could open up a window for investors to buy at better valuations. Short-term cash flow might take a hit, but long-term investors who focus on strong operations and value-add strategies should be in a good spot.

The rising costs of materials and labor are definitely a concern, especially for investors who rely on heavy renovations or new builds. That said, those with well-managed, stabilized properties may not feel the impact as much—especially if they’re keeping tenant retention strong.

I agree that 2025 is shaping up to be more of a buyer’s market, but I don’t think we’ll see a broad slowdown everywhere. Some markets will still stay competitive, while others could cool off significantly. Investor sentiment will play a big role.

Curious—how are others adjusting their strategy? Tightening underwriting? Holding more cash? Or actively looking for deals in case the market shifts?