Beware Bad Property Managers in Cleveland....There are a lot of them
Mike and Brook discuss the risks of bad property management in Cleveland, including poor tenant screening, bad leases, slow repairs, and costly mistakes that can hurt landlords and investors. [1:20] Mike introduces the episode’s focus on bad property management companies and a recent landlord horror story. [3:30] Mike and Brook explain why signing a two-year lease with tenants who have bad credit can create major problems. [6:20] They discuss how poor property management can leave landlords dealing with unpaid rent, repairs, and constant tenant issues. [11:40] Mike explains why midterm rentals and higher-quality tenants can sometimes be a better strategy for investors. [15:50] Mike discusses opportunities to buy from frustrated investors and why having the right property manager, contractor, and lawyer matters.


