All Forum Posts by: Brandon Wells

I refer all my SFR to @Dan Baldini (Polaris Management). They've won multiple rewards for being one of the better management companies (for SFR) here in Indy. Good luck!

@Quinn Zerfas If you think you are being taken advantage of then you would simply contact the utility commission. From my limited understanding of utility laws, if they have a billback policy, which sounds like they do, and aren't making a profit on the utility billback then they are probably ok.

Again, I am not an expert on the laws so would recommend calling the utility commission if you are concerned.

@Quinn Zerfas Utility bill backs are touch because there are federal laws but also state specific laws. However aslong as bill back fits within those laws it can be done a specific way.

Two ways I have billed back via rubs are as follows:

1) 50% square feet / 50% Total Occupants

2) 100% square feet

I prefer option 1.

Also depending on where you are you can push the bill back. My goal is 90% collection, but I also use realpage utility Management so they handle this whole process for me and my clients.

@Brad Engle I had planned to have our March one near Avon.  Maybe you can attend that one.

@Tim dm me your email

Can never go wrong with St. Elmos! @Tchaka Owen

No, unfortunately not the downtown location. I plan to change sides of town for the events, to allow for more people to attend. Hope u can still make it @Tchaka Owen

@Ron Patton sending over details shortly

@Brandon Stevenson I'll send over details shortly

@Michael J. Beasley You want to do your homework and be diligent and it appears that you are.  There are a lot of Property Management companies out there and some are good and some aren't.  Of the list you have provided, I have heard good things about Sterling and Ethosity.

I would look heavily into their operations.  How often do they communicate with you, what is the threshold that they can make a purchase/repair before they need your approval.  How do they set up their bank accounts?  What is included in their fee?  Is it gross income, are there leasing fees and do they bill back an hourly rate for repairs?  The details matter and trust your gut when interviewing your prospective partners.