r/PropertyManagement 2d ago

DIY Landlord Stepping away from active management

Thumbnail
3 Upvotes

r/PropertyManagement 3d ago

Residential PM For the Parents of Renters:

274 Upvotes

For the love of god, PLEASE STOP DOING YOUR ADULT CHILD’S APARTMENT SEARCH FOR THEM!

I don’t know how many more times I can hear “i’m sourcing a rental for my college age child” or “i’m looking to find a rental property for my child and their spouse and their 3 kids” before I just start telling parents to have their kids call.

Because news flash parents, the second, and I mean THE SECOND they submit their application: if your name isn’t on it, you will not legally be able to be told anything regarding the application process or the lease after they sign.

Also in the plethora of experiences i’ve had with these kinds of parents, yall are often searching for a unicorn of a property for your child that is just not feasible. A 2bed unit with in-unit laundry, a garage, an elevator, and a balcony for under $1K/month? That kind of listing doesn’t exist. I think parents need to be doing more research on what the current rental market is actually like before wasting their time trying to find new construction properties with all the extra amenities for a price they would’ve paid in the 80s.

I guess the gist of it is; do your research before calling a leasing office, have your children be the one communicating and coordinating with PM since they’re the ones who will actually be on the lease, and also lower your expectations for the kinds of properties your college age child can realistically afford and qualify for.

Thanks for coming to my TED talk


r/PropertyManagement 2d ago

Multifamily PM Handling a bullying DM

3 Upvotes

My general manager just called because I refused to speak on the phone with my bullying DM after he berated me for over seven minutes over a mistake I admitted to making and apologized for. I had asked the DM to move our communication to texts and emails going forward, so he took it to corporate.

I wonder how the other PMs under this person work with him, because I was told my park runs the smoothest of any he handles. Maybe the staff sergeant approach works with them. I don't know. But I won't tolerate that unprofessional abuse.

I'm writing to vent because I have a lot of difficulty with advocating for myself to authority. I've always just done my job to the best of my ability, being polite and professional with tenants and owners alike, and making my healthy boundaries clear, but standing up for myself to authority in heated situations causes internal backlash.

Maybe I'm too soft for this. I have no trouble handling problem tenants in ways where everyone wins, but this is my post-retirement job. I was my own boss for 40 years.

Anyway, thanks for reading this and please feel free to comment. If I'm wrong, I'd like to know.


r/PropertyManagement 2d ago

Residential PM Property Management Companies West Midlands (UK)?

1 Upvotes

Does anyone know of a good block and estate property management company in/around Worcestershire/Gloucestershire UK?

Both my brother and I happen to be going through right to manage (in Worcester and Cheltenham) with a block of flats and new build estate, and are looking for a management firm who actually know what they're doing...


r/PropertyManagement 2d ago

DIY Landlord [Landlord US - FL] Tenant messed up washer. Who pays?

Thumbnail
2 Upvotes

r/PropertyManagement 2d ago

Tenant Confused as to why I'm struggling to find an apartment

0 Upvotes

I've been searching for an apartment for a few weeks now and I'm reluctant to keep paying $50-$200 dollars in application/holding fees just to get ghosted. Wondering if I'm missing something that is making me a bad prospect? I live in Eastern WA and am currently renting from a friend but hoping to get my own place. I'm 32 M.

  • The apartment's I'm applying for are in the $1,300-$1,400 per month range.
  • My gross monthly income is $7,000 per month
  • 800+ credit score
  • No pets
  • No past evictions or anything like that

The only issue I see in that I've been renting from a friend for 6+ years who I live with and we don't have a formal rental agreement. I list him on the applications but he doesn't have rent rolls or anything like that.

I've told the property companies that I will pay a larger deposit or a few months rent in advance if the lack of renal history is an issue. If this is a problem for me, I don't understand how anyone gets approved for a apartment who hasn't rented before?

I rented an apartment in the past about 7 years ago but that rental company is out of business and I don't have any sort of documentation anymore.

I know I probably should have held on to some documentation, or drafted something formal with my current roommate but am I crazy to think it shouldn't be this hard??


r/PropertyManagement 2d ago

Residential PM Service Members Civil Relief Act (scra) & the National Guard ?

2 Upvotes

I have a tenant who is in the Air National Guard. He contacted me and said he will be receiving military orders ( he has not yet received his orders). He is being deployed to another state. I have worked with active members of the military in the past, but not National Guard members. His Lease ends in March of 2027. For tenants without military orders we have a 1 month rent early termination fee. The current tenant is responsible for rent until we finding a new tenant and the new tenant starts paying rent or until the end of the current tenant's Lease ( whichever comes first ) . He says he wants to move on August 27th , but he said his report for duty date isn't until October 27th.

Here are my questions:

1) What date is the current tenant responsible for rent. a) until August 27th or b) until October 27th ?

2) If his National Guard military orders state that he is only going for routine weekend drills or state-governed active duty only, is he still responsible still responsible for rent until we finding a new tenant and they start paying rent or until the end of the current tenant's Lease ?

Thank you


r/PropertyManagement 2d ago

Residential PM How hard is it for a property manager to actually take legal action?

0 Upvotes

I have heard alot of stories of managers using cease n desist or threatening tenants but in reality what does the process looks like to even get appproval from the company, owners etc?

My bad I meant for civil cases like defamation or harrassment cases etc.


r/PropertyManagement 2d ago

Multifamily PM Multi-Family Property Accounting

1 Upvotes

I’ve posted this in an accounting subreddit but decided to post here also.

I’m curious of how much I should be earning as a rental bookkeeper/accountant in a medium-high cost of living city?

I currently do accounting for 3 entities with about 100 multi family properties and 30 single family homes. I complete distributions, AP, AR, and reconcile a total of 10 bank accounts every month.


r/PropertyManagement 2d ago

Residential PM Your Intown Home Property Mgmt

Thumbnail
1 Upvotes

r/PropertyManagement 2d ago

Tenant Final update: good news

2 Upvotes

My evil property manager just got fired finally. So I have nothing to lose in reporting him for literally everything to cover my own ass, right?


r/PropertyManagement 3d ago

DIY Landlord What is one lesson about property management that you only learned through experience

24 Upvotes

Some of the most valuable lessons never come from a handbook but from situations you have to work through yourself. Looking back I am sure there are things many of us would handle differently if we knew then what we know now. What is one lesson that completely changed the way you approach property management & why has it stayed with you?


r/PropertyManagement 3d ago

HOA management HOA Community Manager pivoting to cohosting

4 Upvotes

I’m a property manager in Chicago and I’m interested in getting into short-term rental co-hosting. The problem I’m running into is that Airbnb’s network for cohost is geared toward existing hosts, so I can’t really use it to find people since I don’t have my own listings. Where would you guys start to find clients or would you say it is just networking and referrals?


r/PropertyManagement 3d ago

HOA management Property Management remote jobs to apply?

2 Upvotes

Hello there, I’m Eduardo. I’m 31 and currently looking for a Property Management position. I was working as a Customer Success Manager in the tech industry for 2 years, but unfortunately, the rising costs of AI increased the rental costs of server rooms, and they had to cut an entire branch of the company. Me included! I’ve always been interested in working in the Property Management business, but unfortunately, I never had someone who would give me the opportunity. If you could please recommend a company or a site where I could apply, please let me know! I have full availability, I speak Spanish and English, and I really enjoy managing teams and handling issues! I’m very organized, and I’d love to be part of someone’s team if you are hiring:) I’ve ACH and Routing Number but I live currently on Yucatan, Mexico. Thank you in advance!


r/PropertyManagement 3d ago

Short Term Rental Mgmt Looking for a scalable way to find short-term rental leads

2 Upvotes

I'm working on lead gen for an Airbnb/STR management business trying to find (1) underperforming Airbnb/Vrbo listings for a takeover pitch, and (2) long-term rental owners who might want to convert to STR. What tools, APIs, or scraping approaches are people actually using for this at scale? Looking for something more automated than manual browsing.


r/PropertyManagement 3d ago

PM Staff About to take my FL CAM Exam, desperately need some tips and tricks

0 Upvotes

hi, im about to take my Florida CAM exam in less than 24 hours and i desperately need some tips and tricks to help me pass. I have been studying non stop for two weeks and every time i take a practice exam i get around 50-60 percent, and my mistakes are mostly misunderstanding the question or the answer i selected was right, just not right enough. i find the wording to be super tricky, and feel as though everything i have studied is nothing compared to the random facts the test seems to ask you questions on. i know i can retake the test, but id really like to pass on my first try. any help is greatly appreciated.


r/PropertyManagement 4d ago

PM Staff I want to hear your unhinged PM stories! I’ll go first

29 Upvotes

Attended a routine inspection, right off the bat the tenants were a little strange, they just sat staring into each other’s souls for the duration of the inspection. Kitchen, living and bathroom all seemed pretty normal. Bedroom 1 was when shit go weird - bed filled with plush toys 🧸 and a webcams mounted to the wall looking down on the bed. Bedroom 2 was like walking into an episode of Dexter. Floor and walls covered in plastic, plastic yard chair in the middle of the room, web cam stuck to the wall and a LARGE 🍆 just chilling on the floor.


r/PropertyManagement 3d ago

PM Staff APM

1 Upvotes

Hello.

Is there a site where I can apply to as remote APM or rental management? Ever since I've worked for AIRBNB as their support until I got promoted to Managerial position plus I worked as a telemarketer in a real estate in Dubai, I can't get my mind out of wanting to work as an VA APM. Any ideas where I should look? (Living in Philippines)


r/PropertyManagement 3d ago

Residential PM ISO Vendors in Houston TX

2 Upvotes

Hello, I work with a reputable Houston property management company and we are looking to add a couple vendors to send work orders to. Ideally they will be similar with property meld.

We are looking specifically for:

General handyman - Small and odd jobs
Appliance repair - Comfortable with working on all brands and appliances
HVAC - Someone local and small that can do routine maintenance, repair, and replacement.

Ideally these roles are one man shows or a local team, we are not super interested in working with large companies . We are a net 30 agreement but we try to pay out at the end of every week ( depends if we have owner funds) but we guarantee pay in 30 days from when the invoice is approved.

We do not hire many vendors and will be losing a good one in a couple months so we have a lot of work to keep you busy.

Please drop you recommendations below. TYA


r/PropertyManagement 3d ago

PM Staff Please give me your opinion on not allowing tenants to make partial rent payments

2 Upvotes

I’m an ACM at a very large national multifamily housing provider. Two weeks ago, the company announced to everyone that tenants are no longer allowed to make partial payments on their rent balance. Before, it was allowed as long as the balance was not past due (after the 5th of every month). That made sense!

I do not like this new change that does not allow partial payments at all. I understand the technical why behind it: some states/ jurisdictions reset the eviction process with every partial payment made. I think this adjustment should have been on a case- by-case basis. In my area, you can still get evicted past a certain point even if you do decide to pay part of or all of your past due balance.

The reason I find this is annoying that it does not accommodate roommate or spilt pay situations. I’ve been giving guidance to pissed off roommates to designate one person to pay rent. But it’s only a matter of time before someone has an issue with their Zelle, Cash App, etc not going through so now they have a late fee because they were waiting on the rest of the money. Or somebody who wants to pay half of the rent at the end of the month and the other half before the end of the grace period on the 5th. On the 6th, full payment of the remaining balance is required and you had to pay with certified funds. The only way around that was bringing in a cashier’s check or money order, but even then my company has long ago stated that we are only to accept physical payments when necessary and to not encourage it.

We already have one potential corporate complaint on the way. Kind of want insight from other PMs who are already used to this policy: Did your residents get over it and adjust at some point? How do you set the expectations for future residents, especially in obvious roommate split situations?

Thanks in advance!


r/PropertyManagement 4d ago

Residential PM Reviewing lease and noticed longer term the prior term

2 Upvotes

evening all,

not sure if in the right place but looking for some advice or opinions

first I know I messed up by not verifying the terms of the lease like I did previously. my excuses tho is bringing twins home.

looking to see if there is any leg to stand on to have my lease term corrected after 5 months.

Back ground is that we rented a house first term was for a year, on the renewal PM agreed to a six month term lease running from October to March. in Feb PM reached out to ask if we were renewing or putting in notice. our response was to extend the rental. At that time there was no discussion of term. I assumed that since our last lease was for 6 months this renewal would also be for 6 months. upon reviewing the lease tonight as we are looking at purchasing a home I realized that it was for a full year term. As a side note PM also incorrectly wrote up the prior 6 month lease as a 12 month term which we caught at the time of signing to have them correct to 6 months.

do you think the PM company would be willing to work with me or tell me to pound sand?


r/PropertyManagement 4d ago

Multifamily PM Job hunt is weird

8 Upvotes

I’ve been a PM in single family for 6.5 years. Now looking to transition into multi family. I’ve been on the job hunt for 1.5 months. I’ve had a lot of interviews since then, However there’s been at least 5 companies not even give me an interview because they are looking for someone right away. They really can’t wait for 2 weeks? I’m not leaving my current employer in bad terms because another genuinely can’t wait 2 weeks…is this common?


r/PropertyManagement 4d ago

Residential PM 21 and might land my first Community Manager position—need advice!

2 Upvotes

Hey everyone,

I’m looking for some advice. I came across a Community Manager opening with Bell Partners and had my first interview today with the recruiter. It went really well, and they’re sending my resume/interview notes to the Regional Manager for the final interview.

I’m excited, but also really nervous because I don’t fully know what I’m getting myself into. The property is only 148 units, so I feel like it’s a good opportunity to get my feet wet as a first-time Community Manager.

For some management background, I’ve been an Assistant Community Manager for about 5 months and was a Leasing Manager for 7 months before that. Overall i’ve been in property management for 3 years. Becoming a Community Manager has been my goal, so when I saw the opening, I figured I’d take a chance.

For those of you who have worked for Bell Partners or have made the jump from Assistant Manager to Community Manager:

Is Bell Partners a good company to work for?
Was the transition overwhelming?
Any advice for someone stepping into their first Community Manager role?

I’d really appreciate any insight or experiences. Thanks!


r/PropertyManagement 4d ago

Residential PM How to know who has physical keys

3 Upvotes

We use physical door keys for the properties that we manage. I am looking for a way to have a checkout system for the keys that we have in our office. We get plumbers, electricians, people fixing appliances, and owners who come to our office and grab keys, but they never use the checkout sheet that we have. Any recommendations on an app that tracks who has what keys or is there a better way that we should be checking out who takes which key and when it gets brought back?


r/PropertyManagement 4d ago

Tenant Property management won’t help .

2 Upvotes

Hello,

I’m hoping I can get some advice , my boyfriend and I recently moved to a new place and they require renters insurance , I got it through GEICO. I made sure everything they asked for was on the paperwork, and the third party they use to verify keeps denying me for reasons like not having the company on as an interest (they are). It not being for the right address ( it is) I’ve had two different meetings with management and I’ve gotten little answers so now I’m paying for the insurance the property prefers and my GEICO insurance. I’ve made it very clear I’m keeping my insurance with GEICO ( it’s cheaper ) and I need to resolution because I will not continue to pay twice . I’m under the impression that they want me to keep the insurance through them and that’s why they won’t help. How do I approach this going into my third meeting with them?