My current property manager is completely ripping me off - they are overcharging for most things. They also are simply not performing. For example, I have a tenant on a month to month who has not paid rent since February and their lease has not been terminated, despite multiple proddings from me. I am charged outlandish amounts by the PM's in house contracting company for repairs and unit turn overs. I am losing money hand over fist. I don't have time to babysit PMs, I own quite a few properties nationwide, but these Cleveland ones have always lost money. It is because of the PM.
Is anyone here a good PM for the West Side? Does anyone know a good PM? I have one unit on W98th, one in old Brooklyn and one near Metrohealth.
Real Estate Broker · Rochester Hills, MI · Member since 2009 · 2k+ posts · 2k+ votes
5y
Ryan, PM me and I am happy to make a recommendation. I do not have personal experience with the company, but I have a client that does and they are happy with them.
Realtor · Oakland, CA and a Real Estate Investor with Multi-Family Units and a Self Storage Facility · Member since 2016 · 2k+ posts · 2k+ votes
5y
I would be willing to give you odds that I know exactly who this PM is you are talking about. I became a sucker for all their marketing they do on social media and email so I hired them to manage 6 of my units out there . After less than a year of the nonsense you are talking about I fired them and had to engage an attorney just to get money from them that they still owed me.