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Updated about 5 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Wesly Aldrich
  • Investor
  • Avon, NY
2
Votes |
9
Posts

Property Management Commission Tracking/Payout Question

Wesly Aldrich
  • Investor
  • Avon, NY
Posted

I am in the process of hiring a property management company as I am moving out of state 12 hours away, I am in a unique rural area where it is impossible to find a larger company, basically have to use individuals (normally real estate agents) who manage a few properties here and there or own their own.  Anyhow I think I have found my "guy" however he has never actually collected rents into his account then dispersed payments for owners, his situations were to have the money go directly into the owners account via online payments or they are his properties and collects rents for himself, this market is slightly different and I have a hard time getting people signed up online and with the amount of units I think it is a better idea for him to collect rent into his account then disperse.  I am looking for property management software that would track incoming rents and automatically deduct his commission per rent payment so that he knows exactly what my payout would be each month.  50 units spread over 16 properties.  I have searched and cannot find that specific feature in any of the software that I have looked at.  Any help would be greatly appreciated.

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