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All Forum Posts by: Jeremy Wade

Jeremy Wade has started 0 posts and replied 1 times.

Post: Great Jones PM review

Jeremy WadePosted
  • Posts 1
  • Votes 1

I received a call from them today and I asked for an email detailing all there specifics.   We don't use a PM company now, but I think it may be worth discussing as we have 7 units and I travel 30 weeks of the year.     Here are the details they sent to me.

  • Price - Our Management Fee is 8% of the rent collected per month or $99/unit/month and our tenant placement fee is 75% (37% for 5+ units) of the first months rent. With that tenant placement comes our eviction protection and lease break protection.
  • Tenant Placement - With Great Jones tenant placement is a hassle of the past we take professional photos and get your properties maximum exposure; posting your units on 50+ websites including our own. We place a high quality long term tenant within the month so you're not losing out on rent & our average tenant stays 36-40 months (including rent raises). Last of all a Great Jones tenant pays on time, this is because we really take proper steps to make sure they are the right fit for your property.
  • Maintenance Savings - We will be able to get you excellent prices on maintenance (whole sale) but you are not locked into using our vendors, you're always welcome to use your own.
  • Savings Continued - We also go as far as to teach your tenants about how to preform simple fixes on the property (replacing air filter, changing toilet flaps reset the fuse-box, etc...) with this we will decrease the amount of micro-maintenance fees that add up over the course of the year. We also have video tutorials available for the tenants too, that will give them visuals to perform smaller maintenance tasks as well as a 24/7 hotline they can call to resolve things with a professional.
  • Accounting - You'll never have to worry about keeping track of payments or receipts ever again we'll do it all for you and present it in an easy to read visual with our custom built owners portal