Rental Property Investor · California, Southern NH · Member since 2018 · 42 posts · 15 votes
Hi BP friends,
Could anyone refer me to a reputable property management company in the Hillsborough County area in New Hampshire? I have a 4 unit property with great tenants in New Ipswich and I'm looking to switch my current property management company due to my old pm who changed careers (bless her heart, she was great) and I can't seem to connect with the new person the company replaced. Nothing bad on this person but would like to explore other management companies.
@Steve Yi Hey Steve, my partners and I own a property management company based in Manchester (Blue Door Living), although we manage throughout central NH. Shoot me a DM and I can connect you with my partner who runs the day to day
@Steve Y. I know PMs for larger properties 6+ units. Such as CP Management, Elm Grove, Gray property group. A residential agent that works with MF investors may be of more assistance.
In our experience, the #1 mistake landlords make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.
It's often a case of not doing enough research, as they don't know what they don't know!
Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.
So, the first question they usually ask a PMC is about fees - instead of asking about services.
This also leads them to ASSUME simpler is better when it comes to management contracts.
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it.
We have a 12 page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord. Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.
We don’t know any PMCs to recommend in the Arlington area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:
We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
P.S. If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general. Take ownership of your mistake and learn to do the proper due diligence recommended above😊
@Brian Dano Thanks Brian. I'm finding there are very few management companies in this area. My current one is from a large residential agent so will explore other residential agents.
@Drew Sygit Thank you for your insight and opinion but my post relates to finding references on PMCs in Hillsborough County, NH. Would be helpful if someone could refer someone but I get what you are saying. Appreciate it.
@Steve Yi Hey Steve, my partners and I own a property management company based in Manchester (Blue Door Living), although we manage throughout central NH. Shoot me a DM and I can connect you with my partner who runs the day to day
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