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Updated about 4 years ago on . Most recent reply
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Looking for Property managers in Philadelphia
I'm looking to purchase my first deal in Philadelphia, and I would love to find a property manager.
I'm new to Biggerpockets and how the forums work here, so any advice on how to search for property managers through this site would be welcomed.
Or any questions I should be asking or information I should be posting in this post to make it easier for someone to fine me.
Most Popular Reply
@Weston Holt welcome to Philly and good luck in your search. I'm a local property manager. I think some of the best questions you can ask are;
Fees- what are ALL your fees? Are they documented in the management services contract? Onboarding fees? Fees for vacant units? Rental license renewal fees? What would a typical maintenance call like a clogged drain, snow removal, or lock change cost an owner?
Doors- how many units do you manage? How many employees do you have? Will I have a specific point of contact I can rely on for information about my property?
Licensed/Insured- are you licensed by the PA real estate board, city of Philadelphia, and insured?
Marketing- how do you market units? Can you link me to a current listing (so you can see how they present a property)
Termination- Do you lock in owners to a term contract? What are cancellation terms?
Hope this helps,
Kevin
Otter Property Management
- Kevin M.
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