Looking for a Property Manager for MTR in Cleveland OH

Looking for a Property Manager for MTR in Cleveland OH

Rental Property Investor · Cleveland, OH · Member since 2020 · 11 posts · 12 votes

Hi biggerpockets fam!

I'm looking for a Property Manager to manage my Mid Term Rental unit in Cleveland, OH in 44109 - which I'm about to close in a month.
The unit is already furnished & rented (3 months lease) and is currently managed by the current owner.

Let me know if there are any PMs out there who could manage the MTR.

Thanks,
Sahil

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  • Investor · NY · Member since 2012 · 16 posts · 4 votes
    3y
     Hi Sahil! I'm interested in this as well. Have you had any luck finding a PM that specializes in MTRs in Cleveland? I have a 2-family property in the Detroit-Shoreway neighborhood that I would like to turn into an MTR. My current PM says their systems aren't equipped to handle MTRs at the moment, and he basically said if I want to go that route I'll have to find a new PM.     
  • Investor · Arroyo Grande, CA · Member since 2014 · 1k+ posts · 1k+ votes
    3y

    You'll probably have better luck joining a Facebook group local to your market and seeking a co-host.

  • Real Estate Consultant · Reston, VA · Member since 2022 · 513 posts · 521 votes
    3y

    Hi Sahil, I’m a MTR property manager and I’d love to connect. 

  • Bonnie LowPro Member
    Lender · Asheville, NC · Member since 2016 · 1k+ posts · 1k+ votes
    3y

     Hey @Bernie Cesareo are you taking on property management of any MTRS in the Cleveland area? Looks like people are trying to locate some PMs. I know you're killing it with your STRs so I thought I'd help make a possible connection! Hope you're doing well. @Sahil Jain @Kellan S

  • Investor · Medina, OH · Member since 2019 · 15 posts · 12 votes
    3y

    Hi Bonnie...thanks for tagging me here....Yes I am managing MTR's as well as STR's...We have been doing MTR's for about 4 years. We are specializing in larger and more luxurious properties and have been generating some great returns for Our owned properties as well as investor-owned properties. I will circle back to find the posts for people looing!

  • Investor · NY · Member since 2012 · 16 posts · 4 votes
    3y
    Quote from @Bonnie Low:

     Hey @Bernie Cesareo are you taking on property management of any MTRS in the Cleveland area? Looks like people are trying to locate some PMs. I know you're killing it with your STRs so I thought I'd help make a possible connection! Hope you're doing well. @Sahil Jain @Kellan S

     Thanks so much for the connection here Bonnie! I'm currently gathering information and resources to contact for when I eventually turn my units into MTRs. My PM just filled both units with long term tenants, so I'll have to wait a little while. But this is very helpful!

    Bernie, I'll be reaching out for more information about your services. Thanks for the reply!

  • Investor · Medina, OH · Member since 2019 · 15 posts · 12 votes
    3y

    Pleasure meeting you virtually!

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Sahil Jain:

    Hi biggerpockets fam!

    I'm looking for a Property Manager to manage my Mid Term Rental unit in Cleveland, OH in 44109 - which I'm about to close in a month.
    The unit is already furnished & rented (3 months lease) and is currently managed by the current owner.

    Let me know if there are any PMs out there who could manage the MTR.

    Thanks,
    Sahil


    You should just go long term and collect your 10% or better, To much headache and move in and outs repairs etc, STR

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