Property Management in Macon?

Question

Can anyone recommend a property manager for the Kings Park area of Macon GA?  Its a 5

bedroom and we expect to be renting right around the $1k mark.  I know

its not the best area but I've spent quite a bit of time there lately

and while I can't speak for the whole neighborhood, the street this house

is located on seems totally fine.  I've reached out to several property managers,

including some that have been mentioned here and have had no luck

(mostly do to them not returning calls or not taking on new clients, not

so much the area necessarily)   Any help is appreciated.

Brice Burns · Answer

Shoot me a PM. My property manager is amazing! She also takes care of other investors in the area and does a fantastic job.

Vered Davidman Cohen · Answer

Thanks Nathan! totally agree and great tips! will look for 3 management company using this web site today.

Vered Davidman Cohen · Answer

Hi @Brice Burns thanks for sharing and sent you a P

Nathan Gesner · Answer

Remember: cheaper doesn't mean you'll make more money.

You can start by going to www.narpm.org to search their directory of managers. These are professionals with additional training and a stricter code of ethics. It's no guarantee but it's a good place to start. Regardless of how you find them, try to interview at least three managers

1. Ask how many units they manage and how much experience they have. If it's a larger organization, feel free to inquire about their different staff qualifications.

2. Review their management agreement. Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.

3. Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers. It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees. Fees should be clearly stated, easy to understand, and justifiable. If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee. Don't be afraid to negotiate!

4. Review their lease agreement and addenda. Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.

5. Don't just read the lease! Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc. If they are professional, they can explain this quickly and easily. If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.

6. Ask to speak with some of their current owners and current/former tenants. You can also check their reviews online at Google, Facebook, or Yelp. Just remember: most negative reviews are written by problematic tenants. The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.

7. Look at their marketing strategy. Are they doing everything they can to expose properties to the widest possible market? Are their listings detailed with good quality photos? Can they prove how long it takes to rent a vacant property?

This isn't inclusive but should give you a good start. If you have specific questions about property management, I'll be happy to help!

Miguel Del Mazo · Answer

Is there a Macon meet up?

I'm born and raised in Atlanta (yes, we exist) now living in Buford and looking to get in to investing in Macon, but I'd love to connect with any existing community already there.

Vered Davidman Cohen · Answer

Hi David, nice to meet you. I am interested in Buy & Hold single family home in Macon and wandering if you can share some information on your investment in Macon from over a year ago. I am also looking for a recommendation on property management company. hope to hear from you soon :)

Tracy Streich · Answer

@David D. NARPM website and use the search tool.  You will have quality PMs to choose from.

Jason C. · Answer

Hey David, I PM’ed you. Keep in touch.

Property Management in Macon?

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