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Old 11-14-2013, 12:19 PM
 
2 posts, read 1,957 times
Reputation: 10

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Thinking about hiring a Property Management company in the Springs. I own a home off of Stetson HIlls and Powers. I have a tenant in there now but things just aren't working out very well. I suppose I can be very passive and the female tenant is going through a hard time though the rent has been paid....other damages to the property have not been handled by her. Wondering if a Property Manager would just be the way to go and handle her and get things resolved and move on.

I have HOA as well thus the need to keep yard upkept which I put in the lease.

Can anyone recommend a property manager in town? Military family so if know of one that works with them that would be great. Thanks
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Old 11-14-2013, 12:34 PM
 
Location: Southwestern, USA
12,881 posts, read 10,845,125 times
Reputation: 14963
I'm going to give you a suggestion you may not have considered.
(You may know the prop man company will want money to be held in escrow to take care
of repairs without botherng you in the middle of the night, right?$100s. And take a percentage each
month, used to be 10%, now idunno. Just thought I would mention)

Temporarily hire someone for 2 months to be 'the heavy'.
Maybe a friend or their son...explain what you need done....even it it means sending
a notice of eviction and in, what?, 21-30 days is it....have the sheriff come to place
their belongings outdoors.
Get a tenant in their with a good job and let the temp friend/manager go, as per discussed.

I have a 35 yr old that stopped doing this to move, but he is still here; he may
do it for a couple months to help you.
You live so far East, so I dunno...he's on the Westside.
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Old 11-14-2013, 12:49 PM
 
2 posts, read 1,957 times
Reputation: 10
Oh no it wouldn't just be two months but till I return to the area...if I ever do. I know how much they cost, that's why I'm asking for recommendations. Instead of me having the headache of dealing with it because I live in Germany now. Because if they don't pay the rent, I am not readily available to just show up and do the eviction process.
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Old 11-15-2013, 05:13 PM
 
Location: Colorado
9,898 posts, read 6,346,034 times
Reputation: 17838
I don't know if we are permitted to name names here in this forum, so I'm sending you a message real quick...I got one I want to warn you about, and one that might work out...
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Old 11-16-2013, 02:16 AM
Status: "Snow in the high country and I'm missing it!" (set 1 day ago)
 
Location: 900 miles from my home in 80814
4,677 posts, read 6,768,080 times
Reputation: 7111
A property manager is a good idea. I live in a condo complex near Tucson with quite a few out of state, privately owned condos who use VRBO or Corporate agencies for temporary, or seasonal renters. With an HOA, it's almost imperative to have a manager. The manager will keep the tenants in compliance with the CC&R's and the Rules & Regs so you're not hassled or fined by the HOA if your tenant doesn't follow the CC&R's.

Here in Tucson, property managers are usually affiliated with a realty firm, and they'll also find tenants for you when needed, and can arrange to have house cleaning people clean thoroughly in between tenants. They will also arrange for repairs when needed, freeing you from that chore, and be the middle man between you and your tenant, so you won't deal directly with the tenant. They charge a percentage of the rent for managing (at least the one who handles many of the condos in my complex) and might charge a finder's fee if they get you the tenant. They'll also charge you if you choose to use their clean-out services or housekeeping services. I'd check with the various larger real estate companies in town, or go online and Google rental property managers and see what's out there. It's best to have a P.M. just to cover your butt if one of your tenants is unruly or doesn't follow the Rules and Regs, breaks or steals something, and so on.
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Old 11-24-2013, 11:02 AM
 
19 posts, read 16,619 times
Reputation: 10
We are looking to rent our condo soon - please PM me with any recommendations. Thanks!
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