After weeding out many, I’m having a hard time choosing between the last two PMC’s on my list. I feel like I could flip a coin and be happy either way.
they each have many similarities on important topics so I won’t discus those. But here are the differences. What sounds better to you?
Company 1: 10% monthly rate, leasing fee first months rent. $300 tenant onboarding fee if tenant has to moved from another PMC. Other then that no fees or price mark-ups on anything. Been in business 3 yrs. Maintenance calls are troubleshooted over the phone if possible, then someone from their team goes out to try and fix it, (at no cost to us) if that still doesn’t work they’ll get a licensed contractor out which of course then would cost us their prices. 200+ units. Medium sized company. they have multiple contractors they work with and give you their bids if you need rehab work.
Company 2: 8% monthly rate, leasing fee 50% first months rent. 20% renewal fee. Been in business 11 yrs. maintenance calls they will try to troubleshoot over the phone, if that doesn’t work they go out and charge $120 maintenance fee. But while they are there, they look around for anything else that may need to be done and also just over all check on the property and if tenant is obeying rules (like pets for example). Smaller mom and pop company, 50+ units, they’re son is a general contractor and does most their rehabs for their clients unless the client brings in their own.
These are the major differences. I would love any input you all have to help me see if one setup makes more sense then the other.
