All Forum Posts by: Jesse Kerr

If you wouldn't mind sharing, what are the top 5 time consuming tasks you come across?  Much of what I'm experiencing is placing tenants, background checks, meeting them onsite, handling calls, dispatching maintenance to handle issues etc.  I'm not demeaning your position, I'm merely seeking an avenue in creating a fixed cost scenario while also having total control on how my tenants are handled.  From what I've heard, once hitting around 90+ units, it's time to hire another manager to help with the workload.  

Hi, I'm hitting the sweet spot regarding my property management company.  I'm paying well over 70k/year vs hiring someone would cost much less.  Has anyone hired someone on payroll to oversee their personal portfolio?  The numbers all work in my favor since this will turn into a fixed cost rather than a % of gross rents. Wanted feedback if anyone has done this and/or currently is.

keep me posted!

 HI, I'd love any info you have on the cleveland area.  Thanks!

What areas would you suggest?  I have a team in place and are purchasing.  Does seem like the ohio area is similar in build size, structure etc.   

When is the next one? 

I would love to hear of any other conferences/conventions you would suggest.  

Here's what most won't say.. Look on zillow.. Search for multi's under 80k.. If you see a ton in a certain area, detroit, tennesee, etc.. Good indication. Now.. call every property manager and ask what areas they like (zip codes) and preferred areas they like to manage. Also ask if they have a rehab team..very important. If they do, write them down. Then look for properties needing value-add. Something in the 50-70's.. needing 20-25k rehab.. ARV around 120k.. zillow, rentometer, prop stream, trulia.. I could go on.. DM me if you want more. it's only a process.

Thank you for this.  You going to this event? 

Can I ask this question again for those who are answering a question with a question.  How..  do you analyze apartments ie. 5+ units and above..  Don't answer with depends.  You know how to.  I am asking what measure are you using to determine if asking is to high, on par, etc..   I can do this in 3 seconds on duplexes if asked.  Pretty sure you can with apartments..