Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Remote Investor - Bought Duplex at Auction, Tenant Occupied
I purchased a property via auction in Fostoria, OH. According to the auctioneer, one unit is occupied. I was hoping to find a property manager to manage the property...but the problem is I can't get in contact with any PMs in the area, mainly because Fostoria is a very small town. I cannot communicate with the tenant (except maybe via letter). Any recommendations to manage this via a different route? Communicating with the tenant? Or do I evict, deal with a RE agent, and sell?
1. Why don't you go on zillow and look for rental properties for lease in the area, and call the agents or management companies.
2. If the management companies don' t answer your call, they probably won't answer your new tenant's call either.
3. Repeat the process for Zillow for For Sale Properties, and find a real estate agent who lives local who can go look at your property.
4. Send the existing tenant a letter, with a copy of the deed and ask them to reach out so you can renew their lease, or move on.
5. You might also try whitepages.com reverse address lookup, sometimes they have the current resident info.
Thanks,
Dustin
Excellent suggestions, thank you.
I am not, I'm out of state. I was able to connect with a property manager in a larger nearby city after quite a lot of searching.
Quote from @Ryan Lytle:
I purchased a property via auction in Fostoria, OH. According to the auctioneer, one unit is occupied. I was hoping to find a property manager to manage the property...but the problem is I can't get in contact with any PMs in the area, mainly because Fostoria is a very small town. I cannot communicate with the tenant (except maybe via letter). Any recommendations to manage this via a different route? Communicating with the tenant? Or do I evict, deal with a RE agent, and sell?
I know some people out of Fostoria if you're still looking for some referrals!