There are a lot of reasons that unhappy owners and investors might fire their Nashville property managers. Maybe maintenance costs are too high and repairs are too frequent. Maybe the rent consistently comes in late and there is no lease enforcement. Some owners leave property managers because reported financials are impossible to understand.
Any of these are good reasons to find a new property management partner. But, if you’re wondering what the Number One reason is that rental owners fire their management companies, it’s this:
Communication.
Actually, it’s a lack of communication that leads them to look elsewhere. Here’s how you can ensure you don’t fall into the hands of a management company that cannot or will not meet your communication standards.