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Updated about 7 years ago,
The Unicorn Property Management Company
Hello Everyone!
I've been working on a fairly large scale project for several months now. Market research has already begun and the result are pretty lackluster when it gets to the Property Management side of things. I'd like to hear from you guys! I wan't to know what all of you buy and hold investors utilizing Property Management companies think and have to say in response to these questions.
- What do you worry about most when hiring a Property Management company?
- What does your Property Management company charge you? Fees, Rates, Renewals, Maintenance visits.. etc
- What do you wish your Property Management company did or did better?
- If there was a Property Management company that set aside an undisclosed amount of money accruing into an account you can see on your profile page on their website (Let's just say $60 a month per property) for the purpose of going into deals with you. Would that make you more likely to switch to use them? Assuming of course that their entire operation was functional and they won't let your house fall to ruins over night. Elaborate on your Yes/No answer.
- Does your Property Management company have a preventative maintenance program? If so. Do they charge for it? How much?
Thanks for taking the time to read this and answering my questions if you chose to do so.
Being new to the BP forums. I'm very excited to hear what you guys have to say!
Than you,
Gabriel