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Updated almost 6 years ago on . Most recent reply

User Stats

21
Posts
2
Votes
Sian Cromer
2
Votes |
21
Posts

Property Management of new Property

Sian Cromer
Posted

Hi there! Has anyone ever brought a property that already had a Property Management company already? Any feedback would greatly be appreciated.

Most Popular Reply

Account Closed
  • Property Manager
  • Salem, WI
20
Votes |
23
Posts
Account Closed
  • Property Manager
  • Salem, WI
Replied

Please don't assume that the current PM is a bad thing.  They know the property and the tenant(s) which could be very beneficial.  I would recommend that you conduct your own interview with the PM to see if their a good fit for YOU. Also, take a look at the leases, ask to see if any breach of contract notices were ever given out and take a look to see how the PM has done with collecting rent and maintaining the property to date.  

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