Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
11mo
The Midwest is getting more attention, Detroit is getting its share!
A lot of the challenges with PMCs is not the management, it's unrealistic expectations of newbie investors buying Class C rentals, unrealistically expecting Class A results:(
Of course, almost half the PMCs in the area:
1) Aren't properly licensed
2) Don't have a viable website (saw one with just a Facebook page last week!)
3) Don't have an online Owner's Portal - which means they either - Aren't using PMC software or; - Have no idea how to use their PMC software
Many owners spend more time worrying abut tenant screening processes, while neglecting properly screening PMCs!