Looking for recommendations for a property management company in Cincinnati. The property will either be a SFH or duplex. I'm based out of state so would be looking for a company that could assist with day-to-day issues as well as securing tenants. Thanks in advance!
Specialist · Houston, TX · Member since 2015 · 1k+ posts · 1k+ votes
7y
Very important that you do a lot of research on who ever you do business with. Nowadays with social media you can get a good idea of how they run their business. With Google, Yelp, Facebook reviews as well as what is on their site and what type of content they are posting on their social media pages.... Once you find that company then you have to make sure that your business model aligns with theirs
It is very important that you make sure you take the time to interview and have candid conversations with a PM company. Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal. If they are not aligned then simply keep looking till you find one that is.I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.
My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companies
What are your average days on market for vacant homes?
What is your average rent amount for all properties managed?
What is your average work order cost for the owner?
What is your average make ready cost for the owner?
Are all my invoices uploaded to my owner portal?
How do you advertise your vacant units?
Do I receive video of my pre and post make ready?
Do you have a setup fee?
Do you upcharge on maintenance?
When do you make owner payments? How often?
Are you a Certified Property Manager?
Are you a member of NARPM?
What is your Guarantee?
Do you provide move in and move out reports
How many pictures do you take of the property prior to tenant moves in and after the tenant moves out
Do you get weekly reports when the property is vacant what prospective tenants are saying about your home
Do you provide monthly newsletters to your tenants
Do you hold investor education classes to help me become a better investor
Do you have single point portfolio based management services?
How many properties do the owners actually own themselves?
What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits
How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
Specialist · Houston, TX · Member since 2015 · 1k+ posts · 1k+ votes
7y
Very important that you do a lot of research on who ever you do business with. Nowadays with social media you can get a good idea of how they run their business. With Google, Yelp, Facebook reviews as well as what is on their site and what type of content they are posting on their social media pages.... Once you find that company then you have to make sure that your business model aligns with theirs
It is very important that you make sure you take the time to interview and have candid conversations with a PM company. Let them know your strategy, your goals and what your business plan is to ensure that your business plan aligns with theirs and you can both work towards the same goal. If they are not aligned then simply keep looking till you find one that is.I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.
My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companies
What are your average days on market for vacant homes?
What is your average rent amount for all properties managed?
What is your average work order cost for the owner?
What is your average make ready cost for the owner?
Are all my invoices uploaded to my owner portal?
How do you advertise your vacant units?
Do I receive video of my pre and post make ready?
Do you have a setup fee?
Do you upcharge on maintenance?
When do you make owner payments? How often?
Are you a Certified Property Manager?
Are you a member of NARPM?
What is your Guarantee?
Do you provide move in and move out reports
How many pictures do you take of the property prior to tenant moves in and after the tenant moves out
Do you get weekly reports when the property is vacant what prospective tenants are saying about your home
Do you provide monthly newsletters to your tenants
Do you hold investor education classes to help me become a better investor
Do you have single point portfolio based management services?
How many properties do the owners actually own themselves?
What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits
How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
Investor · Walnut, CA · Member since 2017 · 72 posts · 37 votes
4y
@Kristen Snedeker
Did you find a good PM or even a bad one for others to know about? Can you share what your findings were? Also looking for a PM in Cincinnati. Thanks so much
Real Estate Broker · Roseville, CA · Member since 2017 · 5 posts · 4 votes
4y
Yes, I have been very happy with the team at True Home Ohio. They manage two properties for me in Cincy currently. Very professional, reasonable fees. I’m totally hands off. Send me a pm if you want to chat more about it.
Oakland County · Member since 2018 · 16 posts · 4 votes
4y
This is a great thread. One thing I am finding is the reviews for some mentioned firms are all over the map. For higher-end properties in Cincinnati, everyone seems to claim they can handle it, but then there are performance issues.
Curious to hear other experiences on this for higher-end rentals in Cincinnati and who you are finding top-ranked.
Did you find a good PM or even a bad one for others to know about? Can you share what your findings were? Also looking for a PM in Cincinnati. Thanks so much
Hey how are you doing, I’m also looking for a reliable PM in Cincinnati. Do you have anybody you would recommend?
Kristen, Are you still with True Home Ohio as your PM? I'm actively looking for PM in Cincinnati area. If you could send me a PM, that would be great! Thanks!