Sifting through all the bad Property Managers in Detroit

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Sifting through all the bad Property Managers in Detroit

Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes

Detroit, Michigan has no shortage of property managers. Problem is, many of them are terrible. Finding the right property manager is one of the most important things a new investor can do. However, finding a good property manager in Detroit can be very difficult to do. A lot of new investors make the mistake of reading bad tenant reviews and thinking that's how you determine if a property manager is good or not. In reality, bad tenant reviews are almost always left by evicted tenants who couldn't follow the rules. Remember, when you're hiring a property manager to look after your properties in Detroit, the property manager works for you, not the tenant. Sometimes that means that the property manager is going to make the tenant angry by enforcing the rules that protect your investment property. Go to LogicalPM.com to learn more about hiring the right property manager in Detroit, Michigan.

Sifting through all the bad Property Managers in Detroit | HoltonWiseTV Highlights

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If you're looking for a property manager in Detroit, look no further than Logical Property Management. Metro Detroit’s Most Innovative & Transparent Property Management Company. Check them out at LogicalPM.com, or reach out to @Drew Sygit right here on Bigger Pockets.

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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    1y

    Thanks @James Wise

    We see about half of Metro Detroit Property Management Companies not even properly licensed!

    Many of the PMC owners think that having an RE Agent license is all that is needed.

    The State of Michigan actually requires an RE Broker's license for the company - NOT that the owner be a RE Broker.

    If PMC isn't even properly licensed, has a website with Owner & Tenant Portals - why would a property owner hire them?

    • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
      1y
      Quote from @Drew Sygit:

      Thanks @James Wise

      We see about half of Metro Detroit Property Management Companies not even properly licensed!

      Many of the PMC owners think that having an RE Agent license is all that is needed.

      The State of Michigan actually requires an RE Broker's license for the company - NOT that the owner be a RE Broker.

      If PMC isn't even properly licensed, has a website with Owner & Tenant Portals - why would a property owner hire them?


       Hiring PM's that aren't properly licensed never ends well. If they can't even get that right, the investor is doomed.

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