Property Management nightmare Columbus
Hi All:
I feel like something is wrong. Terribly Wrong. I bought a duplex is a decent area of Bexley Ohio, and hired a property manager who I thought seemed to be a good fit. I provided a rehabed ready property and handed over to the property manager. So far after 6 months, I seem to have one issue after another, one eviction causing me $1000 repairs after the PM did not ask for the damage deposit, 2.5 months of missed rent, and $400 in eviction fees.
I sit here midway through June, and so far, my net cash flow over the last 8 months since I have owned the property is -$2800.
This is a property with NO MORTGAGE. It doesnt' seem that hard, and I really feel like I am taken advantage off living outside the country and not being able to see the property.
Can anyone recommend to me a good property manager in Columbus, OH, who can get the job done? In So far the only folks who have gotten any cash out of this are the lawyers, accountants and the property manager.
Thanks
Ram