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Updated almost 9 years ago on . Most recent reply

User Stats

107
Posts
43
Votes
Tyler Howell
  • Property Manager
  • Denver, CO
43
Votes |
107
Posts

Right Price To Outsource Tenant Placement in Denver to a PM?

Tyler Howell
  • Property Manager
  • Denver, CO
Posted
You guys who own rentals in Denver - at what price point would you pay a Property Manager to vet a place a tenant rather than going to the trouble yourself? I'm referring to a placement only service - after lease is signed, management responsibilities revert to you. I'm seeing a lot of companies charging 50-100% of the first month's rent.

Most Popular Reply

User Stats

136
Posts
65
Votes
Theresa W.
  • Rental Property Investor
  • Golden, CO
65
Votes |
136
Posts
Theresa W.
  • Rental Property Investor
  • Golden, CO
Replied

I wouldn't be inclined to use the service until I have so many properties that I'm starting to outsource PM anyway.  Say, more than 10 properties and I expect that it would be worth my time.  Otherwise, giving up hundreds in the first months rent is not appealing to me.  just my two cents...

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