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Updated about 7 years ago,
Looking a good PM in Indianapolis who does not charge 1st month
Hi BP community!
I have an excellent relationship and experience with my PM in the Mississippi market and they do fill the properties very quickly and with great tenants. My PM does not charge first month's rent as a fee when turning over the property, advertising and placing a new good tenants. They also do not charge any additional fees other than the 10% fee.
I am having trouble finding an PM in Indy that operates the same way, although I have only interviewed a handful of PM's so far. Is this 1st month rent fee standard for the Indy market, are there other options?
Can you recommend a very good PM who does not charge such a fee when placing a new tenant. I am willing to pay a fee, but the first month's rent, really hurts my cash flow.
Thank you!