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Updated about 8 years ago on . Most recent reply

multi family management company
hello,
looking for a management company for a small multi family property.
any recommendations?
additionally can anyone estimate what's the average cost for a management company in that area. so far i got several offers and they all seem high (one month + 10% + multiple additional expenses)
thanks
Most Popular Reply

I use a local PM for my SFRs who I really enjoy working with. They charge $79/home for SFR and I believe $59-$69 per unit for multi family. They charge (1) month's rent for tenant placement + plus any emergency and maintenance items. They are a family owned company who has been in business in property management for a long time. They manage ~600 units and focus on the west side of Cuyahoga County and most of Lorain County. They are very responsive and use the Appfolio software for all statements.
PM me and I am happy to share my experience and their contact information.
Alex