Maryland Property Managment Startup

[Kayman K.]

Hello All,

I am working on starting up a PM company serving residential properties in Anne Arundel, Baltimore, Howard, Montgomery, Calvert, Charles, Queen Annes, and Prince Georges counties in Maryland. 

We will be using a team of licensed realtors to fill vacancies and can provide in-house handyman services for regular maintenance at a discount. For emergencies and we have a third party handyman lined up whose prices we do not intend to markup. 

We are planning on charging 1 months rent to fill vacancies and our monthly maintenance fees start at 8%. As with the handyman we do not intend to markup any contractor/vendors costs. 

I have joined IREM and have been lurking around these forums a while. If anyone has additional advice, suggestions, or resources I would love to talk to you.

Thanks, and I look forward to reading the community's replies. 

Kayman