Property Management of new Property
Hi there! Has anyone ever brought a property that already had a Property Management company already? Any feedback would greatly be appreciated.
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Please don't assume that the current PM is a bad thing. They know the property and the tenant(s) which could be very beneficial. I would recommend that you conduct your own interview with the PM to see if their a good fit for YOU. Also, take a look at the leases, ask to see if any breach of contract notices were ever given out and take a look to see how the PM has done with collecting rent and maintaining the property to date.