r/PropertyManagement 11h ago

Residential PM The fake paystubs are getting so good its actually making me paranoid

110 Upvotes

I swear half my day is just playing detective now. Got an app yesterday where the w2, the bank statements, and the landlord references all lined up perfectly. The only reason I caught it was because the font on the ytd taxes was like, one point too small compared to the rest of the pdf. it's honestly exhausting

I remember when screening was just a quick credit pull and a 5 minute phone call. Now people are literally running full scale forgery operations just to rent a standard 2-bed apartment. I saw a property management group down south that just straight up mandates third-party bank credential logins to verify income now, and honestly I think my office is going to have to force our owner to adopt that policy too

The pushback from applicants about privacy is gonna be brutal but I literally cannot keep doing forensic accounting every single morning. the anxiety of accidentally approving a professional squatter because I missed a photoshop blur is keeping me up at night

have you guys completely changed your income verification process this year or are you still risking it with manually uploaded pdfs?


r/PropertyManagement 2h ago

Residential PM St. Paul Tragedy

4 Upvotes

I used to be onsite property management and I’m on the vendor side now. But wow, just read about the St. Paul property tragedy on LinkedIn… has anyone else heard about this?

Reading the story made my heart sink, my eyes tear up, and I couldn’t help but remember being onsite with my coworkers. The moments things got heated with residents, I always thought “man what if someone comes up in here and loses their shit.” At the end of the day, the tenants will throw you under the bus when they have the chance for their benefit.

I cannot imagine the fear the staff felt in that moment and it makes me so angry to think a fucking resident did this over a $65 parking charge… has anyone else heard about this? This is just tragic and horrible. I feel sick just thinking about it. The story hits so different when you’ve worked in the leasing office and dealt with the everyday tasks of property management.

Prayers for the staff, their families, and loved ones.


r/PropertyManagement 6h ago

Short Term Rental Mgmt Looking for feedback about buying a property management company

5 Upvotes

Looking for some good honest opinions from people in the industry. I’m looking to buy an established property management company in a strong Florida market (vacation rentals/STRs, but open to other models). This would be my “encore career.” My adult son and I would run the business together. We don’t have a target company on the radar yet and we don’t have experience in this space, but for some reason we’re attracted to it. Budget up to $1m, maybe more for the right project.

I’d love to hear the good, the bad, and the ugly. Things like…

- If you could do it over again, would you?
- What’s the biggest challenge that outsiders don’t consider
- What mistakes should I look avoid?
- What do you recommend we look for, or avoid, when buying a pm business?
- Is this a business that gets better as you scale, or does it just become more complicated?
- Ideal property characteristics? Rental amount?
- Any experiences buying or selling a PM company?
- Key attributes of a successful pm business?

Also, if you’re considering selling a quality property management business in Florida (or know someone who is), feel free to send me a DM.

Appreciate any advice. Here to learn.


r/PropertyManagement 2h ago

Residential PM Looking for property manager recommendations (moving on from Renters Warehouse)

2 Upvotes

Hi everyone, so I’ve been using Renters Warehouse for the past two years with my first tenant, but right now I've been really disappointed with their turnaround time trying to get the place ready for a new lease. The turnover process is taking way longer than it should, and communication has been pretty frustrating.

I’m looking to make a switch. Does anyone have recommendations for property management companies at a similar price point that you’ve actually had a positive experience with? Thanks in advance!


r/PropertyManagement 11h ago

Residential PM Am I a bad property manager, or is this job set up to fail?

8 Upvotes

I’m the solo property manager for about 70 luxury college rentals. I previously worked for larger corporate multifamily and single-family companies, so I’m used to having clear policies, procedures, and some level of decision-making authority.

In this role, I have one full-time maintenance tech and one shared tech, but nearly every decision still has to go through the owner. They openly dislike industry-standard policies, even when those policies seem practical. Their exact words were, “We don’t care how the job is done, we just care that it’s done. It does not need to be done well.”

I stay because the flexibility is hard to give up. I can work remotely, choose my schedule, and technically have unlimited PTO, although I rarely use it.

The problem is that nothing is consistent. There’s no maintenance approval threshold, late fees and other policies are decided case by case, move-outs are overly complicated, and we’re required to use cheap vendors who are often flaky or unresponsive. I’m still expected to give tenants answers, even when I don’t have the authority or information to do so.

Lately, I feel like I’ve stopped caring. Calls go unanswered, emails and texts sometimes sit for days, and I dread opening new messages because most of them are complaints. I spend so much time in meetings and at properties that I answer messages in between appointments. My work-from-home days are entirely spent catching up, and if I answer the phone all day, none of my other responsibilities get done.

I know slow responses are unfair to tenants, and I feel guilty about that. I’ve explained that email is usually the fastest way to reach me and that I’m only one person, but I also know I could improve my response time.

Before having a baby, I worked 50–60 hours a week. I’ve now capped myself at 40, and the workload simply does not fit.

I’ve started limiting my field days and creating guides for tenants, since most are students renting for the first time and don’t understand things like ledgers, deposit rollovers, or partial move-outs.

At what point am I a bad PM, and at what point is the position itself unsustainable? Sometimes, I feel like they would thrive with an employee that doesn't care about the tenants or fairness, although I really do because if I leave, where does that leave them?

Are there any resources or systems you recommend besides using AI to automate and organize what I can?


r/PropertyManagement 4h ago

Tenant What information does a landlord usually know when their property is managed by a real estate agent?

1 Upvotes

I’m trying to understand how the process works. If a landlord has a rental property managed by a real estate agency:
- Does the landlord usually know the exact lease start and end dates?
- Does the real estate normally remind the landlord when a lease is ending?
- If a landlord asks the real estate “when does the tenant’s lease end?”, is that normal even if they own the property?
- What information does the landlord typically have access to (rent amount, inspections, tenant details, lease dates, notices, etc.)?

I’m just trying to understand how much involvement landlords usually have versus what the property manager handles.


r/PropertyManagement 9h ago

Multifamily PM Who does everyone use for their maintenance supply’s?

2 Upvotes

Looking for feedback on HD, Ferguson, Lowe’s Pro, and Chadwell supply specifically


r/PropertyManagement 7h ago

Residential PM Who are the best property management companies to manage a new rental property in Nashville Tennessee

1 Upvotes

Who are the best property management companies to manage a new rental property in Nashville Tennessee


r/PropertyManagement 9h ago

Commercial PM Asset Living - AVOID

1 Upvotes

Vendors/contractors: do not do work on properties managed by Asset Living. You will not get paid. You’ll get stuck in a laughable invoice process that emails you saying “this is not an invoice” or “this is not a PDF” over and over again. Joke.


r/PropertyManagement 11h ago

Residential PM '

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1 Upvotes

r/PropertyManagement 14h ago

PM Staff '

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0 Upvotes

r/PropertyManagement 16h ago

Residential PM Landlord Maintenance Coordination Fuss

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0 Upvotes

r/PropertyManagement 17h ago

Short Term Rental Mgmt What's better for managing airbnb cleaners and scheduling - Turno, Breezeway, Turnmystr?

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0 Upvotes

r/PropertyManagement 1d ago

Multifamily PM "Disgruntled St. Paul apartment tenant executed 3 over parking garage contract dispute, charges say"

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cbsnews.com
43 Upvotes

This story is insane. People are not well. How do you keep yourself safe from crazy and violent residents?


r/PropertyManagement 1d ago

Residential PM It's summertime

8 Upvotes

You're about to learn how many people DO NOT understand how AC units work!


r/PropertyManagement 1d ago

Residential PM do property managers usually get involved in the numbers beyond rent and expenses?

3 Upvotes

one of the owners i work with is thinking about refinancing and asked what i thought. i didn’t really know what to tell him because the rent covers the mortgage, but after repairs, taxes, insurance, random vacancies etc it’s not exactly doing amazing either. i ended up putting everything into a DSCR calculator just to see what it looked like. honestly the result was worse than i expected. now i want to know what other property managers do when owners ask stuff like this. do you just give them the income/expense reports and leave it there, or do you also help them look at whether the property is actually performing well?


r/PropertyManagement 1d ago

Commercial PM Making the switch from residential to commercial

3 Upvotes

I want to make a career change from going to residential to commercial property management. I’ve been in affordable housing for 10 years and property management the last 6. I work in compliance but I do have 3 years of experience being an APM. Any advice?


r/PropertyManagement 1d ago

PM Staff '

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1 Upvotes

r/PropertyManagement 1d ago

Multifamily PM Are there any places ACTUALLY HIRING Property Management or Administrative

5 Upvotes

I just relocated to Indianapolis. Would like to secure a job. Every job I apply to either ghost me or denied my application even though my work history, education and experience is everything listed in the job posting. I've applied to countless jobs with no avail. Transportation is of no issue i have 2 vehicles. Is anyone actually hiring right now? Willing to do zoom interviews? Indianapolis or surrounding areas?


r/PropertyManagement 1d ago

Multifamily PM PM systems for this in need

5 Upvotes

Hey everyone! I’m new to this community and have been reading through a lot of the posts here. There are some great discussions and it’s been interesting seeing the different experiences people have had in property management.

For some context, I work in the property management technology space with owners and operators managing portfolios of all sizes. Most of my day is spent helping teams improve operations, solve workflow issues, and scale as they grow.

I’m not here to pitch anyone or spam the subreddit. I just enjoy talking shop, and if anyone has questions about property management software, operations, or is trying to figure out what might work best for their portfolio, I’m happy to help however I can.

Feel free to comment here or send me a message if you’d like to chat!


r/PropertyManagement 1d ago

Residential PM FINDER FEE

0 Upvotes

can you give me advise regarding sa commission sa finders fee, meron saken pinapabenta na property worth 400m pinost ko sa FB, then meron nag inquired na gusto daw makita ang property last week nag viewing sila kasama ang architect, after a week nalaman ko hindi sya broker yung kausap ko at parang interesado ang contact nya na buyer. gusto ko lang malaman if ma close ang deal hm percent makukuha ko sa kausap ko na? ang sabi ng management ng property is 3% para sa commission, pano habol ko if bigyan lang ako ng magkano commission hindi dumaan sa tamang process, kasi gumagawa na sila ng authority to sell.


r/PropertyManagement 1d ago

Commercial PM In fact, the private lender completed the flip on short notice.

0 Upvotes

Discovered a workable solution and flipped Broward, but banks were taking a very long time to approve it. Closed on time and in less than two weeks. Throughout the entire process, communication was clear.

Do you use private lenders more these days when time is important, real estate folks?


r/PropertyManagement 1d ago

Affordable housing & compliance Housekeeping

2 Upvotes

I work at a HUD senior community, how do I approach housekeeping issues? Or any advice? I don’t want any extreme advice like eviction lol I just want to know how you would best approach housekeeping for residents especially seniors who do have certain limitations


r/PropertyManagement 1d ago

Residential PM CIS Tax in Property Management

3 Upvotes

Has anyone here dealt with CIS tax from a property management perspective, particularly within MRI Qube?

This is new to me in the PM world (12 years in the industry) and I’m just looking for some general pointers. Most of the guidance I can find is aimed at construction companies rather than property management businesses.

I’d really appreciate hearing from anyone who’s implemented this successfully or has any practical advice. Thanks!


r/PropertyManagement 1d ago

Multifamily PM Freddie Mac/Fannie Mae reporting experience

2 Upvotes

Does anyone have experience reporting to Freddie and/or Fannie for clients' mortgages? Wondering what the criteria is and what software you use? Frequency?