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Updated almost 8 years ago,

User Stats

341
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641
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Tyler Jahnke#2 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Oakland, CA
641
Votes |
341
Posts

Calling All Indianapolis Property Managers!

Tyler Jahnke#2 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Oakland, CA
Posted

Hello BP Family,

I'm looking to gather feedback on a Property Management company I might be using in the near future. Below are a number of terms in the agreement; I'm looking to see how these compare in the Indianapolis market:

-$150 tenant placement fee per lease term.

-10% of monthly rent to property manager.

-Owner  shall reimburse manager for all advertising expense upon presentation of bill.

-Maintenance services shall be provided at cost of $20 per man hour or at Cost + 10% for outside services.

-Eviction: $100 fee + court costs.

-Must provide 30 day written notice to terminate Property Management agreement.

Any feedback is greatly appreciated!

@Aaron B. @Ake S. @Morgan Nilsen - any thoughts from you guys would be greatly appreciated as well!

-Tyler

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