Guidance on switching Property Managers from afar?

[Michael Kopa]

Hello, I am still fairly new to Real Estate Investing having only 1 single family home that I rent through a Property Manager in Ohio. Unfortunately I haven't had a great experience with them going 2 years into renting the property. My issues are simple: a huge lack of communication and timely responses to my inquiries... whether via emails or voicemails. It's a miracle if I ever manage to actually speak to them on the phone. I want to be supportive as it's a small operation but I'm just not getting the type of professional response that I want in a Property Management company. 

That being said, I am considering making the switch to a new Property Management company. I could use some advice.... what does the process look like once I identify a company I want to take over for managing the property? If I do go this route, I will obviously give the current management company notice (after reviewing the contract), but are there challenges to be mindful of when switching Property Management companies from afar? Is a trip to the area required or should I be able to switch Property Managers from afar fairly easily?

Does anyone have any advice on changing to a new Property Manager without having to go back to Ohio and meet in person? Has anyone here done this before?

Any advice you have would be greatly appreciated!

Kindest Regards,

Michael 

[Drew Sygit]

@Michael Kopa First, read your contract for the termination requirements and fees.

Follow what's required.

Try to get everything you can from the current PMC BEFORE letting them know about termination:
- Lease
- Rent Ledger
- Any application info they can legally give you
- Any data about the property

Then start termination process.

Then do an intro email between the old & new PMCs, so you can monitor how the old PMC is cooperating.