ext_267541 (
bobobb.livejournal.com) wrote in
davis_square2010-10-15 01:50 pm
Entry tags:
Rental management companies
I am going to be moving away for two years and would like to rent out my condo while I am gone. I'd rather go through a local management company, as I think it would be easier than trying to finagle repairs from far away. But, as a former renter I am aware that there are some *horrible* management companies out there, and I *do not* want to become an absentee slum lord. So I am wondering if anyone has any recommendations or warnings about management companies they have worked with before (either as a landlord or as a renter).
Thanks!
Thanks!
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Please do not use them.
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We also had major issues with them when we decided to move out a few months early. We tried to have open communication about finding a new renter ourselves to sublet and instead, they decided it was OK to tell us to nevermind and that they found someone. It would have been nice if they hadn't mislead us to believe that the person they found would be moving in immediately (they knew that this is what we wanted and why we were aggressively showing our place). We hadn't called off all of our showings after hearing that we were "all set". We lost our last month's rent.
And an annoying detail is that our front door worked so that the buzzer would call my boyfriend's phone and it took us 2 or 3 months after we moved out for them to remove his number from the system. He complained about it for quite some time before it was fixed. In that time we got plenty of 1 a.m. phone calls from the front door.
Maybe they're quick about maintenance requests (we never made one) but they sucked pretty bad at everything else for us.
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I had the exact same buzzer thing - this was NEVER corrected after nearly a year and my long-term remediation was to forcibly block the number on my phone using an app.
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Pros:
- polite, friendly, honest, genuinely nice people
- very fast to deal with actual, time-sensitive emergencies, even at weird hours
- flexible and not morons. They won't stick to a policy anally if the policy is stupid in a given situation.
Cons:
- not responsive to anything else at all, even when maintenance now would save the owner a lot of money later
- sometimes seem kind of internally disorganized
- have had bad luck with contractors, which might not be attributable purely to luck
Bottom line:
Neutral. Depends on how willing you are to monitor the place yourself. If your condo is in an old, complicated building, I'd avoid them. If it's new or newly renovated and you don't expect anything to go wrong, they might be worth considering.