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All Forum Posts by: Sue Gee

Sue Gee has started 0 posts and replied 5 times.

Post: Property Managers, Red Flags?

Sue GeePosted
  • Posts 5
  • Votes 0

Bob Beach, who are you using as your PM in Jackson Miss? if you don't mind me asking

Post: Property Managers, Red Flags?

Sue GeePosted
  • Posts 5
  • Votes 0

Just because someone recommends an PM on this site, does not mean they're good. Sometimes the endorsement comes someone within the PM or a close friend or assos. I have several PM and here are some red flags I learned the hard way. I have two PM who redact the tenant's phone number. They claim this is to protect the tenant. Nonsense. Property owners don't harass their tenants. They want their tenants to be satisfied. PM's who block you from contacting a tenant usually have something to hide. Taking way your ability to contact the tenant eliminates your ability to keep the PM honest. But there is a work around for everything, including this. I find that taking care of certain repairs myself, outside the PM eliminates a lot of re-occurring maintenance issues. Like that water leak under the kitchen sink or a malfunctioning appliance. I would rather pay a reputable technician to fix it for good, or replace what needs replacing rather then get charged every few months from the PM to fix the same issue over & over. Keeps the tenant happy too. Another thing PM like to do is get the tenant to move so they can rake in the $$ for turning the property and charging you hundreds to get another tenant in there. Some PM like to make things difficult for the owners bc they want to purchase the property for themselves.
PM are the worst...most of them anyway.

Post: Property Managers, Red Flags?

Sue GeePosted
  • Posts 5
  • Votes 0
I own 3 homes in Jackson for about 5-6 years now. I use John Morgan with Reality Sales and Management for 2 of the 3. Not the best when it comes to communication. He recently had most of his office staff replaced for a variety of reasons, some for shenanigans...he won't/can't elaborate.
But he has not ripped me off with repairs & is genuinely a nice guy. The month to month invoices are kind of a mess. I prefer incoming rents arrive at the same time every month. For now, I factor in the turnover at the office.
Like I said, not the best. Jackson is plagued with problems. One of their maintenance guys was murdered about 18 mo ago, while scouting a property on his way home. Parked his truck on the side of the road, was on foot when he was shot in the back by a 15 yr old gangster with a lengthy rap sheet. I wish I had bought nicer homes south of Jackson. Lastly, here's the catch...I would sell these homes but I would be lucky to get what I paid. A major downside of turnkey. They cash flow well though so it is what it is.

This post is two years old but so relevant today. Glad I found it.
Great post!!

AVOID Bruce Shimp, Absolutely Dry Basement Waterproofing. Wanted $7500 for minor job...he knew I was out of area owner so, yeah, probably thought he could take advantage. Contacted Behncke Construction yesterday. They are pretty busy but are setting up to give me an estimate. I think
Behncke will be a much better experience.