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Updated almost 3 years ago on . Most recent reply

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Patrick Britton
  • Ann Arbor, MI
996
Votes |
1,509
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I was wrong. property managers are NOT worth it....

Patrick Britton
  • Ann Arbor, MI
Posted

I've had rentals since 2018 and I can easily say that property management has been an expense that wasn't needed.  My account manager is doing about as well a job at finding rent-paying tenants as I am at levitation.  He thought someone working a pyramid scheme had sufficiently stable income (she's now 4 months behind).  Another tenant destroyed the A/C unit and my property manager was like, "so, you going to send the money to fix it?"  NO!!!  Wichser

I swear, these guys work for the tenants!  I want a property manager that will fight - FOR ME!!  

What I should have done is purchased a house in my own subdivision.  Then I would have had full control over every aspect.  

Reach out directly, I'll give you PM name to avoid and why.  

Most Popular Reply

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3,762
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
3,113
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3,762
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Kenneth Garrett
  • Investor
  • Florida Panhandle/Illinois
Replied

@Patrick Britton

I self manage all my properties and have done so for the past 10 years.  I had a bought a property a few years ago that had a pm in place.  They were awful and fired them 6 months in.  I won’t say all managers are bad, but I don’t think self managing takes that much time.  No one will manage my property as well as me, it’s mine.

  • Kenneth Garrett
  • Loading replies...