All Forum Posts by: Justin Herrema

Here is an example of past companies I used: tenant moves out of one of my properties, I purposely emailed the property management to make sure to winterize the property asap and not turn the gas on. My email went out the day I found out the tenants where moving. Well 2 weeks later and all the pipes are now froze. So one problem you have is as you get larger and manage more you are Dependant on others and will have to hammer home your same ideals and give little room for employee error.
Most I have used nickel and dime you to death and simply do NOT go the extra mile if it is something they are not making money on like a vacant property. Also slow with evictions and turn around of the property.
Another big issue I have had is using people that do not give a detailed break down by property every month and online access to review the accounts.
Make sure to give the owner a copy of applications you receive and have them sign off....eliminates the blame if the tenant stops paying right away.
I know property management is a huge pain so I try to give some room for the poor guys to breath. The co I use now has a great system down and seem to be the best I have used. Maybe bum some ideas from them. http://www.altpropertymanagement.com/

I have around many properties I am selling all within that criteria. All nice properties fixed up and rented or sold on land contract. I can customize to whatever size needed. These are all in good parts of Grand Rapids MI. I also have these all being managed by a very good property management co. I will email them tomorrow.