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All Forum Posts by: Bryan Whelan

Bryan Whelan has started 1 posts and replied 7 times.

Post: Property Managers what will or will they not do?

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

@Kevin Hunter

That is horrible to hear. I suppose anywhere someone can make an extra buck there will be people that want to take advantage of it.

Your comment hits hard and I will definitely be vetting anyone I work with in the future.

Thanks for the feedback!

Post: Property Managers what will or will they not do?

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

@Filipe Pereira

Good to know! I’m sure that approach varies greatly about who does the work “in house” and who subs it out. It’ll be important To understand for those that do it “in house” are they qualities to do it or is it some guy/gal with a hammer and duct tape.

I'm located in Central Mass along the 495 belt. For the first few REI, I want to stay local, but could see myself expanding to remote purchases to over time.

Post: Property Managers what will or will they not do?

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

@Tracy Streich

For sure! I plan to compare a few of them together and read through the agreements. (Probably a full blown RFP, as that’s what I do for a corporate living) :-)

Post: Property Managers what will or will they not do?

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

@Jennifer Ruelens

Thank you Jennifer. Your model makes sense to me. Beyond your own personal touch and customer service, do you think your approach is how a typical PMC work?

Post: Property Managers what will or will they not do?

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

@AJ H.

This is great feedback! I’m going to have to see what options there are around here and even see if there are unbiased BP recommendations out there for my region. :)

Post: Property Managers what will or will they not do?

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

Hi all,

(First BP post)

I'm new to the scene of REI, but have been really doing my best to engulf myself in the knowledge, between BP forums, podcasts, YouTube's etc, but one of the areas that I'd like to know more about is property management companies.

As I’m starting out and looking into my first property, I’m not near the “nirvana” of property management and leaving my corporate job. Because of this, I will most likely want to look into having a property management company oversee the day to day.

My question is, where is the line between a property management company and the land lord usually drawn? Where are their variables? How do those variable impact cost of a property manager?

For instance, I live in Massachusetts, where we get every type of seasons, from very hot sunny days to nor’easter blizzards with whiteout and freezing conditions.

So we have the normal break/fix stuff but also the lawn care, shoveling and plowing.

Therefore, I’m curious what would I typically have to do and what would a PM company typically do?

(Knowing everything has a price)

Thank you everyone for your feedback and the great “BP” community we are in.

Post: Massachusetts Title V on a flip

Bryan WhelanPosted
  • Specialist
  • Posts 7
  • Votes 1

@Colleen F. I thought a title V was required as well.