Managing Your Property
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 1 year ago,
Knowing if an estimate from your PM is reasonable
Howdy, I'm new to having my property managed by a Property Manager, and there's quite a bit that I still didn't learn before hiring a PM.
My PM will come to me with estimates for repairs and work that seem awfully high for the relative amount of work needed. How do you check/verify if what your PM is bringing to you is reasonable?
An example is this quote for repairing a relatively small amount of damage after my property was broken into. Thoughts?