Property Management for Multi Family - Advice Needed

[Damon J.]

I have been researching property managers for twu triplexes I have in Atlanta, Ga.

I note that they generally charged mininums ($75) for monthly management. Assuming rents are $600 each that comes out gto 12.5% a month which seems very high.

Has anyone had experiences where the management companies will negotiate lower due to the fact that all three units are on one property and could possibly be easier to manage?

Also if anyone has a good intown Atlanta property manager to recommend please send along. Thanks.

[David Beard]

Obviously these firms don't want lower-end rentals, and if they can build their business that way, more power to them. There are plenty of firms with lower minimums, or no mimimums.

I'd go to Craigs List and look for ads in the $500-650 range in the area of your property, then call them to determine if they're a prop mgmt firm, and go from there.