Everyday Property Investing

EPI 154 | Challenges with Property Management

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Challenges with Property management

In this podcast episode we discuss some of the challenges experienced with property management, including:

  • Communication 
    • Not responsive to emails
    • Doesn’t return calls
    • Large rent roll 
      • Portfolio – Pod – Task based
      • Not enough staff
      • Low fees vs Good Service
      • Change of managers
        • Replace with juniors or lower quality 
        • Bounce around between managers – no consistency (staff turn over) 
        • BDM bait and switch 
        • Management of maintenance
          • Not reporting maintenance
          • Maintenance approved but not actioned
          • Management of tenants
            • Routines not on time
            • Not keeping tenant to acceptable standard
            • Reactive management rather than proactive management
              • Constantly having to follow up the manager for routines, maintenance, 
              • anything!

                • The post EPI 154 | Challenges with Property Management appeared first on Everyday Property Investing.

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                Everyday Property InvestingBy Kaz Young | Property Investing and Real estate investment education and advice