Cleveland Investors — What’s Been Your Biggest Property Management Challenge?
Curious to hear from investors who own rentals in Cleveland, especially those investing from out of state.
What has been the biggest challenge with managing your portfolio lately?
Tenant placement? Maintenance costs? Communication? Turnover? Rent collection? Finding reliable contractors?
I work with Haven Group Property Management here in Cleveland, and one of the reasons I joined BiggerPockets was to better understand what investors are actually experiencing—not just what we see from the management side.
Would love to hear what’s working, what isn’t, and what you wish your property manager did better.
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#4 All Forums Contributor
- Real Estate Broker
- Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Biggest thing out of town investors have touble with is figuring out what's what in the Cleveland market.
You can really get yourself in trouble just looking at the best priced properties on Zillow. There are reasons why properties are priced the way they are and if you don't understand those going into it, you'll get smoked.
Check out The Ultimate Guide to Grading Cleveland Neighborhoods to learn the lay of the land so to speak. 1,000's of investors have used this guide to help them minimalize risk when they invest in Cleveland.