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Updated almost 2 years ago on . Most recent reply

User Stats

21
Posts
14
Votes
Christopher Young
  • Investor
  • NY/CO/OH
14
Votes |
21
Posts

Property Management Companies

Christopher Young
  • Investor
  • NY/CO/OH
Posted

Looking for a PMC to review for my SFR in Akron. Would like to hear anyones experience with PM that they like working with especially when it comes to communication. Thanks BP friends

  • Christopher Young
  • Most Popular Reply

    User Stats

    26
    Posts
    18
    Votes
    Joshua D.
    • Los Angeles, CA
    18
    Votes |
    26
    Posts
    Joshua D.
    • Los Angeles, CA
    Replied

    Hey Chris,

    In my honest opinion, if you have one single-family home - I suggest you not hire a property manager.

    What you should do, is just place a really good tenant.. Super qualified, in no rush, etc.. If you acquired a property with a tenant in place, just be upfront with them about you living out of town, and explain you're gonna need some help from them collectively and perhaps involve them.


    I've only had pretty poor experiences with many property managers over there.. I'm going to say 95% are not what you may be looking for, especially with a single home.

    I did this myself, from Los Angeles, with the first 4 properties i purchased out there in Akron, and i still manage them by myself to this day a few years later. Now I have 30 units over there most of them single family now.. but I have basically my own management team in place. Be wary of anyone telling you, you can't do it. My 2 cents.

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