I’m seeking recommended PM in Cleveland area.

I’m seeking recommended PM in Cleveland area.

Member since 2024 · 1 post · 2 votes

Hi. 

I’m new here so I hope I Posted this in the correct forum.

I’m under contract right now to buy my 2nd property which is a triplex multi family in Euclid Ohio. I’m both nervous and excited at the same time. Lol.  


I’m seeking a Cleveland area PM company if anybody had any recommendations?

I’ve checked out google but not sure what to make of the reviews I read there. Seems like both tenets & landlords are unhappy customers of these PM company’s. 

A bit about me and my situation. 

I'm in my mid thirties and employed as a chemical tank truck driver. I'm on the road out of town the majority of the year. For a couple years during covid I lived in the truck full time and saved a good chunk of cash. 18 months ago i bought my 1st property in Cleveland heights which bus a SFH. My plan was to live in it for a year and then rent it out as a STR and that's what I did. It is currently a STR rental. I stay there from time to time but basically live on the road still. I have a STR PM company in place and I've been more than happy with them as they do everything but they don't do LTR's.

I’ve been considering wearing the landlord hat and doing everything myself for the triplex. The big issue for me is how I’ll schedule showings if I’m not home for a week or two at a time?

I guess I’ll have to schedule off a few days of each month to show the units if I do it myself.   if anybody knows a better way I’d like to know. 

I appreciate any replies. 

Thanks 

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Real Estate Agent · Cleveland, OH · Member since 2022 · 51 posts · 43 votes
2y

Hi @Alex Schollaert, going to piggy-back off of Nathan^, 90% of the time tenant's are going to  post 'reviews' when they are un-happy vs. happy. Pay more attention to the client/investor reviews with extra depth/more experience. Having an established, experienced, local, full-service PM with a departmentalized staff is my first recommendation!  

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  • Nathan FisherBusiness Member
    Property Manager · Cleveland, OH · Member since 2020 · 305 posts · 261 votes
    2y

    Sent you a separate DM, but some thoughts. 
    1. Take reviews for PMs with a grain of salt. The tenants only do reviews when they're being evicted, and owners generally don't do them. PM work is tough. You get pulled in every direction by competing interests.
    2. For Euclid you must have a local PM : Per E.C.O. 1761.02(b)(2), if Owner/Corporation resides outside of Ohio, Owner/Corporation must provide alocal manager who resides in or has a place of business in Ohio. If your residence is cleveland heights, you should be fine.
    3. If you have concerns  about being available for showings, you can hire a realtor to place  a qualified tenant. Or use a screening software like showmojo, and allow tenants to do self serve showings.

  • Real Estate Agent · Cleveland, OH · Member since 2022 · 51 posts · 43 votes
    2y

    Hi @Alex Schollaert, going to piggy-back off of Nathan^, 90% of the time tenant's are going to  post 'reviews' when they are un-happy vs. happy. Pay more attention to the client/investor reviews with extra depth/more experience. Having an established, experienced, local, full-service PM with a departmentalized staff is my first recommendation!  

  • Austin McClainBusiness Member
    Real Estate Agent · OH · Member since 2021 · 347 posts · 602 votes
    2y

    I have a spreadsheet with options I know to review. 

  • Property Manager · Cleveland, OH · Member since 2023 · 96 posts · 74 votes
    2y

    @Alex Schollaert please check your inbox.

  • Property Manager · Cleveland, OH · Member since 2022 · 80 posts · 48 votes
    2y

    Hi, @Alex Schollaert I am happy to recommend. Let's connect.

  • Detroit, MI · Member since 2022 · 118 posts · 49 votes
    2y

    Hi Alex! I'd be happy to connect with you to discuss property managers and what to look for when interviewing them. Also, congratulations on the investment properties!

  • Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    2y

    I know most of them happy to help, 

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