Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Priya Thomas

Priya Thomas has started 21 posts and replied 122 times.

Post: Property Manager at Cincinnati Ohio | NO Tenant Placement Fee

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

As investors, we struggled to find good a PM / property manager to manage our properties, when things didn't work out as we expected we started managing our own. We own about 50 units and my business partner is an agent as well. Recently we started managing properties for other investors.

As investors, we didn't like several things in PM business starting with tenant placement fee - we felt that this is a conflict of interest. Certainly placing tenant is very difficult and time consuming things to do. If there is no incentive to place new tenants, as a PM, one will do everything they can to get quality tenants and ensure that they don't leave. Also there are other bad (dishonest?) practices like padding the repairs, hidden fees, poor communication etc.

Currently we charge a flat fee to manage the properties - PERIOD. No other charges, no hidden fees, most importantly no tenant placement fee. Our promise is that we will treat every single property as our own, we care for your investment and bottom line. A PM can make or break your investments. We use Buildium, we are part of a small brokerage and we comply with all state and federal laws reg Property Management. We are based out of Cincinnati, Ohio

If you would like, we can set up a call to discuss.

Thank you,

Priya.

--------------------------------------

Brokerage: InternetAgentsUS

Post: Property Manager at Cincinnati Ohio

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

As investors, we struggled to find good a PM / property manager to manage our properties, when things didn't work out as we expected we started managing our own. We own about 50 units and my business partner is an agent as well. Recently we started managing properties for other investors.

As investors, we didn't like several things in PM business starting with tenant placement fee - we felt that this is a conflict of interest. Certainly placing tenant is very difficult and time consuming things to do. If there is no incentive to place new tenants, as a PM, one will do everything they can to get quality tenants and ensure that they don't leave. Also there are other bad (dishonest?) practices like padding the repairs, hidden fees, poor communication etc.

Currently we charge a flat 10% to manage the properties - PERIOD. No other charges, no hidden fees, most importantly no tenant placement fee. Our promise is that we will treat every single property as our own, we care for your investment and bottom line. A PM can make or break your investments. We use Buildium, we are part of a small brokerage and we comply with all state and federal laws reg Property Management. We are based out of Cincinnati, Ohio

If you would like, we can set up a call to discuss.

Thank you,

Priya.

--------------------------------------

Brokerage: InternetAgentsUS

Priya Thomas

Post: I'll give you a 30% return on ~$50,000 on 10 unit purchase

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

Thanks for the link update

Post: Finding a contractor in Springfield, OH

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

We are local investors., what kind of the job and how big? We might be able to provide some referral depending upon the size of the work.

Post: Locked Out From across the Country

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

@Tanner Gish wow !! Change the lock ! Now you got a lot of free work done. Hope that he wouldn’t put mechanical lien on the house.

Post: Out of state investors

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61
Originally posted by @Nic Cooper:

Both. Spend time walking/driving the areas.  Meet up with fellow investors and local specialists.  Also lenders.  I saw a fair amount of properties.  Narrow down what areas you want to invest in then come out.  Network before you arrive.

I am glad that we could meet and hang around. I agree that for out of state investor it can be intimidating, I always recommend to go and see before you buy. Know the local market, network with local investors and agents.

Post: All appliances for a Rehab-flip

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

Hello Naveen, Which part of the Cincinnati is the property located? What kind of finish are you looking for? White or Stainless steel? Is it A class property? Probably we can provide some referrals or people who can bring and install. Please let us know. Thanks.

Post: Real Estate Agents/Investors in Cincinnati

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

You can possibly tag along with us, PM me for more info.

Post: Locked Out From across the Country

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

We are based out of Cincinnati, please let us know if you we can help you in anyway. Probably we can pay a visit to the property & see what is happening.

Post: Looking for an agents in central/southern Ohio

Priya Thomas
Pro Member
Posted
  • Investor
  • Cincinnati, OH
  • Posts 135
  • Votes 61

Are you looking at Cincinnati at all?