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Updated about 7 years ago on .

User Stats

26
Posts
13
Votes
Kenny Dahill
  • Investor
  • Tempe, AZ
13
Votes |
26
Posts

Starting property management outside of broker

Kenny Dahill
  • Investor
  • Tempe, AZ
Posted

Looking for some info/suggestions from those who have experience as being a property manager but not necessarily at a property management firm.

What type of deal structure do you have with your broker? I.e. Monthly splits, E&O costs, who holds the contract with the owner, what do you cover vs them, caps, etc. Did you purposely find a broker that'd allow you or had a broker but asked for permission?

Are you mostly independent or do you have a team (separate from brokers team)?  If so, how does that work between you and the broker?