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Updated about 2 years ago on . Most recent reply

Maurice W. Evans's profile image
Maurice W. Evans's profile image
Maurice W. Evans
  • Property Manager
  • from Queens, NYC
  • Member since Jun 15, 2016
  • Posts 80
  • Votes 45
  • Experience 18 Yrs
  • Investments 1
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Maurice W. Evans's profile image
Maurice W. Evans's profile image
Maurice W. Evans
  • Property Manager
  • from Queens, NYC
  • Member since Jun 15, 2016
  • Posts 80
  • Votes 45
  • Experience 18 Yrs
  • Investments 1
Connect
Maurice W. Evans
  • Property Manager
  • Queens, NYC
45
Votes |
80
Posts
General Real Estate Investing

Is this a thing? Is there ever a need?

Maurice W. Evans
  • Property Manager
  • Queens, NYC
Posted

I have been involved with and know if the following your situations.

Investor with multiple doors provides a door in exchange for part-time property management or tech development.

Is this a thing anymore? 

Or only 15-20 years ago?

New York City, New York
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Drew Sygit's profile image
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Drew Sygit
  • #2 Classifieds Contributor
  • Property Manager
  • from Royal Oak, MI
  • Member since Jun 17, 2012
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Drew Sygit's profile image
Drew Sygit's profile image
Drew Sygit
  • #2 Classifieds Contributor
  • Property Manager
  • from Royal Oak, MI
  • Member since Jun 17, 2012
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Drew Sygit
#2 Classifieds Contributor
  • Property Manager
  • Royal Oak, MI
5,360
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Drew Sygit
#2 Classifieds Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Maurice W. Evans very common for 50+ doors buildings to offer free rent for onsite agent/handyman. Often it's a couple, one does showings, the other maintenance.

You do have them still sign a lease, so you can chage rent if you fire them. You give them a rent credit during their engagement.

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