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Updated almost 6 years ago on . Most recent reply

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22
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Hadrian Ayyub
  • Investor
  • Los Angeles
16
Votes |
22
Posts

In need of management and subcontractors for Toledo Portfolio.

Hadrian Ayyub
  • Investor
  • Los Angeles
Posted

In need of management and subcontractors for Toledo Portfolio. 

Most Popular Reply

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1,252
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1,069
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Steve Rozenberg
Pro Member
  • Specialist
  • Houston, TX
1,069
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1,252
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Steve Rozenberg
Pro Member
  • Specialist
  • Houston, TX
Replied

@Hadrian Ayyub

I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.

Questions to Ask prospective management companies

  • What are your average days on market for vacant homes?
  • What is your average rent amount for all properties managed?
  • What is your average work order cost for the owner?
  • What is your average make ready cost for the owner?
  • Are all my invoices uploaded to my owner portal?
  • How do you advertise your vacant units?
  • Do I receive video of my pre and post make ready?
  • Do you have a setup fee?
  • Do you upcharge on maintenance?
  • When do you make owner payments? How often?
  • Are you a Certified Property Manager?
  • Are you a member of NARPM?
  • What is your Guarantee?
  • Do you provide move in and move out reports
  • How many pictures do you take of the property prior to tenant moves in and after the tenant moves out
  • Do you get weekly reports when the property is vacant what prospective tenants are saying about your home
  • Do you provide monthly newsletters to your tenants
  • Do you hold investor education classes to help me become a better investor
  • Do you have single point portfolio based management services?
  • How many properties do the owners actually own themselves?
  • What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits
  • How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?
  • Steve Rozenberg
  • Loading replies...