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Updated about 9 years ago on . Most recent reply

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Mark Guest
  • Real Estate Investor
  • Boulder, CO
0
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3
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MO Property Managers take

Mark Guest
  • Real Estate Investor
  • Boulder, CO
Posted

I am looking for a PM in St. Louis MO area to handle rentals. 

In MO is there a PM certification required of companies ? (In addition to a brokers license). 

Also running into a lot of 15%, I am used to 10% plus first month for new renters. Is 15 the new going rate in this region ?

PM's feel free to connect - still looking

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Steve Rozenberg
  • Specialist
  • Houston, TX
1,069
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Steve Rozenberg
  • Specialist
  • Houston, TX
Replied

I agree, with a few of the earlier posts.. I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.

Questions to Ask prospective management companies

  • What are your average days on market for vacant homes?
  • What is your average rent amount for all properties managed?
  • What is your average work order cost for the owner?
  • What is your average make ready cost for the owner?
  • Are all my invoices uploaded to my owner portal?
  • How do you advertise your vacant units?
  • Do I receive video of my pre and post make ready?
  • Do you have a setup fee?
  • Do you upcharge on maintenance?
  • When do you make owner payments? How often?
  • Are you a Certified Property Manager?
  • Are you a member of NARPM?
  • What is your Guarantee?
  • Steve Rozenberg
  • Loading replies...