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All Forum Posts by: Hunter Shaw

Hunter Shaw has started 1 posts and replied 3 times.

Florida Real Estate Q&A Discussion Forum

Post: Experienced Lic. Gen. Contractor in Ft. Lauderdale Needed

Hunter ShawPosted
  • Posts 3
  • Votes 0

Monica, 

I have a sub contracting company that may be able to help you. Feel free to give me a call. I am in ft lauderdale. 

0 Votes
Akron Real Estate Forum

Post: Anyone Know Good Property Managers In NE Ohio (Akron/Canton Area)

Hunter ShawPosted
  • Posts 3
  • Votes 0
Fee structure is a gross 17% of rents. No additional charge for vacancies, set outs, and they do not take first/last month or anything. They charge 10% on repairs/maintenance I believe. Then act as realtor when I buy/sell buildings. 

Average Rents on 5 unit: $520 - $530 range
Average Rents on 12: Went through some rehab but I believe between $480-490 per unit


Hunter


Originally posted by @James Wise:
Originally posted by @Hunter Shaw:

Hello!  New to the forums so hope I'm in the right place.. So I currently have 2 properties, one 5 unit, and one 12 unit- These are currently managed but the rate is 17% gross which is killing my returns. I am curious if anyone here knows a good management company in this area, OR if can enlighten me on how to negotiate this figure with the management co. 

Thanks!

The 1st thing we should do is see if your fee structure is reasonable for the market. What is the current fee structure as well as the average rent per unit?

0 Votes
Akron, Ohio
Akron Real Estate Forum

Post: Anyone Know Good Property Managers In NE Ohio (Akron/Canton Area)

Hunter ShawPosted
  • Posts 3
  • Votes 0

Hello!  New to the forums so hope I'm in the right place.. So I currently have 2 properties, one 5 unit, and one 12 unit- These are currently managed but the rate is 17% gross which is killing my returns. I am curious if anyone here knows a good management company in this area, OR if can enlighten me on how to negotiate this figure with the management co. 

Thanks!

0 Votes
Akron, Ohio