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Non Compos Mentis
Join Date: May 2001
Location: Off the grid- Almost
Posts: 10,630
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I've enjoyed property management, but I've only managed properties I own myself.
Several years ago I hired a management company for a smaller apartment complex I had.
Most of their business was single-family homes and duplexes, so when they lost a key person due to medical issues, and needed to scale back, I asked if they would rather not deal with my apartments. I was surprised to find out I was their favorite, as we worked well together with a spirit of cooperation. Most owners looked at the management company as an "us-vs-them" situation, assuming the management company was out to rip them off.
Perhaps I'd managed enough by then to truly know what it takes, time and money, to have a well-run apartment community.
It doesn't happen by itself.
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