All Forum Posts by: Dominique Nugent

I'm currently looking to start a Property Management company. I have multiple people that own multiple units that need a company to manage their properties. As I work everything out there are still some questions that I prefer not to get from Google.

Is there an initial fee management companies charge new clients with preexisting properties besides the monthly percentage to manage them when starting new business? How do they typically charge and when do they bill the client for things that need to get fixed on the property? What monthly percentage does the management company typically collect from the monthly rent?

I understand that each company is different and handles things differently. I'm just curious to see what you all pay, charge, or have observed.

Feel free to add any advice or anything that will help with your responses.

Thank you for you time, I appreciate it.

 Have you used that company for your renovations? I'm looking for good contractors in Chester County that people know from experience.

 I'm not asking what's the difference between them, I'm asking should I have one. I wanted to know if there certain situations that they need to handle paperwork, do they handle all paperwork, or are they need for big commercial purchases. I deal with residential and I want to make sure I'm doing things right.

I read and heard paying contractors 50% up front is bad. They could start not showing up everyday, slacking off, and so on. I heard of setting deadline penalties and paying a certain amount after they complete certain parts of the contract.

How do you structure the pay or deadlines? What are some good things to remember or think about when dealing with contractors and paying them?

Thanks in advance

I coming up on my first flip and I'm not sure when and for what exactly I will need a lawyer or attorney for. How much do I have to expect to pay them?

 How do they go about finding the properties that aren't listed?

 Ok I get the quote thing now. I had to go to my email to get to this post. My mobile app doesn't have a quote option and the mobile websitr doesn't have the option to get to your own discussion. Maybe I'll let try the desktop website on my phone

 Ok I get the quote thing now. I had to go to my email to get to this post. My mobile app doesn't have a quote option and the mobile websitr doesn't have the option to get to your own discussion. Maybe I'll let try the desktop website on my phone

Maybe it's because you all have the proper account. Jeremy you just"@" us and it looks like it worked. My I need to just upgrade my account

Jeremy tell me if you get a notification from this comment