General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply

Gift to Property Manager
I am in the rare position to have an awesome property manager. I am an out of state, sometime out of the country landlord and I needed some updates and repairs done on one of my properties. Before she made any money from me at all, she went out of her way to find a great contractor, she oversaw all the major repairs, and helped fix up my property to its fullest potential. Once the work was complete, she got a long term renter in there right away. For all of her hard work/time before receiving a penny from me, I would like to give her some compensation. What would be appropriate and about how much? I was thinking a gift card or just cash? Any thoughts, or is this a bad idea because she is just doing her job?
Most Popular Reply

@Jason Mergl if this is a person you want to continue to help build your business, I would personally pay them with 5% of the repair costs. If you were the property manager, who would be the first person you went out of your way to help - it wold be the person who treats you the best.