New Property Mangement Products

[John Landskroener]

We are looking at adding some new products to our traditional property management model. Our current model is a flat 10% month fee plus first months rent. We're looking at the possibility of adding a 0% option.. An owner would pay us the first months rent and we would do all of the paperwork, finding a tenant, vetting the tenant, marketing the property etc. The owner would then be responsible for providing us with pictures of the property for marketing and would do their own management, accounting, maintenance, evictions, etc. afterwards. We would offer a preferred vendor list and other helpful tools to the owner we just would not manage the property after finding a tenant. Is this something that would interest people or maybe a first time investor to help them get their feet wet.