All Forum Posts by: Bryan Jenkins

@Lisa Martin I agree with Laura and Chris. The 30 day period allows for the onboarding to go more smoothly with an opportunity to transfer relevant items to the new PM such as ledgers, leases, work order history, keys, security deposit balances, copies of move in, periodic walk throughs, status of upcoming lease renewals, and it allows to give proper notice to the residents to avoid delays in collecting rent payments on time. The new PM will set the tone during the onboarding process so that you can avoid the same issues moving forward.

@Kalen Kosik do you focus only on the Dothan market or other markets as well?

@TaRa Mehta KC had some really good suggestions. If you do not already know your local and state level laws research and learn those. Print them out and keep them on hand particularly if you are managing multiple investment properties. Most state level Landlord/Tenant Acts prohibit tenants from withholding rent for unresolved maintenance items.They also spell out the Landlord's responsibilites surrounding the curing of maintenance issues. Communication and documentation are always key in all things property management. 

 @Ringo Yip there are opportunities in the Bessemer area but you have to be selective if you are purchasing in the C/D class arena. Their section 8 office is one of the easiest to deal with in the Birmingham area.

@Ringo 

@Ringo Yip speaking from years of PM experience in both markets the Birmingham market has a better pool of rental applicants compared to the Montgomery market. However, if you prefer to go the section 8 route, the Montgomery section 8 program is much easier to work with.

Joey, try these. My Broker in HSV passed them along to me. She lives in the Hartselle area.

Jason Self- 256-214-1224

Larry Owens- 256-345-1715

Bryan Wallace- 256-214-1238

Kenny Duke- 256-656-5292

Boyd Sparkman- 256-476-0492

Call Donald Atkinson at Signature Property Management 804-746-7466 for your second opinion

Dodson Property Management 804-355-7368

Investment Info:

Single-family residence buy & hold investment in Calera.

Purchase price: $152,000
Cash invested: $30,400

Single family 3 bedroom/2 bath with courtyard entry garage and fenced yards located south of Birmingham