First time investor seeking Property Management assistance

First time investor seeking Property Management assistance

John SemioliPro Member
Specialist · Long Island/NYC metro area · Member since 2020 · 31 posts · 14 votes

We are looking to close on our first investment property in May. Any tips on finding a professional property manager in the New Milford CT area?

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  • Property Manager · Pigeon Forge · Member since 2016 · 199 posts · 208 votes
    5y

    Start with your real estate agent and ask for contacts.  Look at the listings for property managers managing and see what the reviews are for their properties.  Yelp/Google reviews.   Local facebook groups.  And, ultimately, interview them and check references.

  • Property Manager · Atlanta, GA · Member since 2021 · 15 posts · 24 votes
    5y

    I have a list of questions I share with my investors to ask when looking for a new PM.  I can send your way if you would like to review to see if it helps you out when speaking with potential PMs. Good Luck!

  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    5y

    You might want to read our series about “How to Screen a PMC Better than a Tenant”: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processes

  • Michael BaumPro Member
    Olympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
    5y

    Or maybe you self manage @John Semioli. That is what many of us do here.

  • Property Manager · Windsor Locks, CT · Member since 2016 · 1k+ posts · 1k+ votes
    5y

    Hey @John Semioli, @Justin Anderson gave you some great advice! Referrals and your network are the best place to go when seeking out this kind of stuff. 

    As the owner of a CT property management company that doesn't service New Milford, I recommend pro property management. They're just down the street from you in Brookfield, Connecticut. Adrianne and her staff have been in business for quite some time. If they can't help you, they may know someone who can! 

  • Real Estate Broker · Huntsville, AL · Member since 2019 · 1k+ posts · 872 votes
    5y

    Always ask other investors their thoughts on property management companies in the area. You want to hire a firm with a great reputation. That's the reason I joined my firm here in Toledo. Investors give us excellent reviews because we are committed to them. At the end of the day, you should have complete faith in your property management company. If you cannot say that before hiring them... then keep looking. 

  • John SemioliPro Member
    OP
    Specialist · Long Island/NYC metro area · Member since 2020 · 31 posts · 14 votes
    5y

    Thank you very much @Filipe Pereira

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