Investor · Saratoga, CA · Member since 2016 · 27 posts · 2 votes
Hi!
I'm looking for a great Property Management Company that specializes in Class B/C properties, ideally with Section 8 experience. Does anyone have any recommendations?
Investor/Syndicator · Cincinnati, OH · Member since 2014 · 470 posts · 599 votes
9y
@Steve Yang I grew up and started by REI business in Cincinnati. Our portfolio grew to a point where we needed 3rd party management a few years back so we began to source quality options. We did this by acting as prospective tenants for listed rental properties similar to the ones we had in our portfolio. Unfortunately, this yielded terrible results with very few people answering the phone or responding at all to our outreach. Ultimately we decided to virtually integrate and open our own management company arm. It now services all our portfolio but we do not do third party management.
Hopefully, things have changed a bit since we were looking a few years ago. Although I don't have a good recommendation for you I would suggest taking the approach we did rather than just go into the office and talk to the sales rep. Sales reps can make the worst operation sound good but getting on the phone as a prospective tenant will show you how the operations are really being handled.
Investor/Syndicator · Cincinnati, OH · Member since 2014 · 470 posts · 599 votes
9y
@Steve Yang I grew up and started by REI business in Cincinnati. Our portfolio grew to a point where we needed 3rd party management a few years back so we began to source quality options. We did this by acting as prospective tenants for listed rental properties similar to the ones we had in our portfolio. Unfortunately, this yielded terrible results with very few people answering the phone or responding at all to our outreach. Ultimately we decided to virtually integrate and open our own management company arm. It now services all our portfolio but we do not do third party management.
Hopefully, things have changed a bit since we were looking a few years ago. Although I don't have a good recommendation for you I would suggest taking the approach we did rather than just go into the office and talk to the sales rep. Sales reps can make the worst operation sound good but getting on the phone as a prospective tenant will show you how the operations are really being handled.
@Steve Yang I grew up and started by REI business in Cincinnati. Our portfolio grew to a point where we needed 3rd party management a few years back so we began to source quality options. We did this by acting as prospective tenants for listed rental properties similar to the ones we had in our portfolio. Unfortunately, this yielded terrible results with very few people answering the phone or responding at all to our outreach. Ultimately we decided to virtually integrate and open our own management company arm. It now services all our portfolio but we do not do third party management.
Hopefully, things have changed a bit since we were looking a few years ago. Although I don't have a good recommendation for you I would suggest taking the approach we did rather than just go into the office and talk to the sales rep. Sales reps can make the worst operation sound good but getting on the phone as a prospective tenant will show you how the operations are really being handled.
Best of luck!
this is an interesting idea. How did you make this work as a remote investor? did you just hire someone locally?
Real Estate Broker · Dayton, OH · Member since 2010 · 245 posts · 186 votes
9y
Hi @Steve Yang - depending on where you are looking in Cincinnati, I can give you several references. PM me with details and I can send you contact info.
Investor · Taylor Mill, KY · Member since 2016 · 2k+ posts · 964 votes
8y
https://www.amangeo.com/ George Emmons is here on BP, he is the operations manager. I've met him at local meetups and have heard good things. I can't personally vouch for the company but others have.
Rental Property Investor · Vicenza, Italy · Member since 2017 · 70 posts · 43 votes
8y
Hello BP Crew,
I'm also looking for property management suggestions in the Cincinnati area. I'm closing on a 10 unit in about a month close to Xavier. I've spoke to a few people but I'd like to get a few more contacts before I make a decision.