Toledo, Ohio recommendations for property management & contractor

8 Replies

Hey!

I am about to purchase a 6 unit apartment building in Toledo ,Ohio 43606.

I was wondering if anyone knows of any property management companies that they have had good experiences with or know about that is fair and ethical... also if anyone knows any contractors for some rehabbing to the units as well as landscaping.

Any advice and recommendations is  appreciated!

Thanks!

Ryan

Originally posted by @Adam A. :

@Ryan Steed Contact Angela Harding or Erika Duncan at The House Stop.  I would have also recommended @Engelo Rumora or @Rebecca Cirisan at Ohio Cash Flow or List and Sell.  However, I'm not sure if Engelo has changed his mind about accepting new non-investors to manage their properties. 

Adam Atassi

Thanks for the mention Adam,

We are still super exclusive and only manage what we sell.

I appreciate you thinking of us tho

Originally posted by @Ryan Steed :

Hey!

I am about to purchase a 6 unit apartment building in Toledo ,Ohio 43606.

I was wondering if anyone knows of any property management companies that they have had good experiences with or know about that is fair and ethical... also if anyone knows any contractors for some rehabbing to the units as well as landscaping.

Any advice and recommendations is  appreciated!

Thanks!

Ryan

Hey Ryan,

The N. Cove property you're buying is a decent deal.

Make sure you find solid property management as your success will truly depend on them.

I also suggest increasing the rents after a rehab as soon as you take over possession.

We looked at this deal and know the numbers on it well.

It should be a solid investment for you as long as I'm thinking about the same property lol

Much success

@Isaac Shikwana ^^^

@Ryan Steed

I would go to www.NARPM.org there a good sorting of property management companies there. I would also interview them as they are going to ultimately be responsible for your success or failure. Make sure they align with your goals and your business practices and can be a partner to help you grow to achieve your goals not just collect the rentHow many people work for your company ?

  • How many properties do you manage?
  • How long have you been in business?
  • What is your monthly rate?
  • Do you have a set up fee?
  • What are your fees for placing tenants?
  • Do you charge for evictions?
  • What is your cancellation fee?
  • Are there any other fees?
  • Do you have your own maintenance team?
  • Will I be able to approve expenses?
  • Do you use licensed and bonded contractors?
  • Do you upcharge on maintenances expenses?
  • Do you do property inspections?
  • Do you send out financial statements?
  • How much rent can I get for my property?
  • How long does it take to fill a vacancy?
  • What hours are you available?
  • What do you like about your company?
  • What makes you different from your competitors?
  • What elements make income properties profitable?
  • Do you offer a discount for multiple properties?
  • Do you pay a referral fee if I refer friends to you?
  • Do you do real estate sales?