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Updated about 7 years ago,
RFP for Property Management
Hello,
I have a fairly new Property Management company. I will be putting in an RFP for a building. (I have never completed an RFP. This is a first but it is a very basic one). This building is unique in that it is owned by 2 organizations; the municipality (8 units) and by an organization that offers geared to income housing (15 units).
I would be responsible for the 8 units owned by the municipality and all the common areas. The common areas need to be cleaned, vacuumed and mopped 3 times/week. This also includes all the snow removal. (and we get a lot of snow up here in Northern Ontario Canada!) The 8 units owned by the municipality are also geared to income.
I have never managed a geared to income property so I really don't know how to decide on a fee. Should I just go flat rate/unit, and if so, how much should that flat rate be? Is there anything I should know before putting in the RFP on an 8 unit geared to income property?
Any and all advice is welcome!
Kendra