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Updated about 6 years ago on . Most recent reply

Account Closed
  • New to Real Estate
  • Wilmington, NC
4
Votes |
34
Posts

Need help with analyzing a property management agreement

Account Closed
  • New to Real Estate
  • Wilmington, NC
Posted

I'm in the process of purchasing a property that is currently tenanted and managed. I've been in communication with the current PM and received a sample management agreement. Since this is my first property purchase, I'm not sure what I should be concerned about and what is reasonable in an agreement.

The agreement is 8 pages, so I'm hesitant to copy/paste the entire document into this post. If it's suggested to have a lawyer review the agreement, would anyone have recommendations to whom I could reach out to?

Appreciate any assistance.

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