Are you self managing your investment properties or thinking about investing and planning to do everything on your own? If the answer is yes, we’d like to talk to you about the benefits of full service management, and what can go wrong if you don’t set things up properly from the very beginning.
When DIY Management Goes Wrong
Today, we’re in a house where an owner did not use professional property management, and the results were catastrophic. This owner had tenants who were about 10 months behind in paying rent. There is extensive damage in the home, and the carpets are ruined. There is damage to the walls, the yard is full of garbage, and in the kitchen there is a cabinet missing. In the basement, the tenants put up their own walls and did some remodeling. The work is going to be over $20,000.
The owner was referred to Spalding Brokers, and we took over the eviction process and gained control of the property. Now, we’re cleaning the home up so we can get it back on the market for sale.
Common Problems in Non-Managed Rental Homes
Have you ever thought about these things happening to you? Finding broken kitchen cabinets, damaged ovens, and cracked tile? Do you want to find soda stained walls, feces and urine stains in the carpet? Can you imagine unauthorized walls being installed in your home, and steps added to the garage? Do you want to find doors off their hinges and at least a year’s worth of garbage stored under your patio? Without professional management, 
you may find unreported maintenance items and things that we found at this property, like an unauthorized chicken coop. Overall, the property was filthy and disgusting.
No one expects this to happen to their investment property. We can be your resource and your guide to avoid this situation. If you’re thinking of investing or you’re a current investor who is doing this on their own, contact us at Spalding Brokers. We’d love to be your Cumming property management solution.
