Looking for a property manager and think I have found one but wanted to make sure his fees are in line with the norm:9% of all rent collected.$100 placement fee when securing a new tenant.10% markup on all vendor contracted maintenance and repairsDoes these numbers sound like they are in the ballpark for Midwest/Indiana? 

We have 4 townhouses east of 75 & Haskell (West of Ross), Built ~ 2007. Good condition, 100% occupied. Monthly rent in the ~$1.5/sqft range. I'm currently also the property manager. I'm a professional in another u...

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

My biggest REI shortcoming is that I am not an expert on construction, carpentry etc and I know I have been taken advantage of a few times in terms of inflated repair costs.My biggest lesson from this is to collect 2-3 quotes for large jobs before awarding the project to any contractor.

Clerk said that if I can cite laws to support collecting other future losses until I can get a new tenant might convince the judge.

Lmk if you have more questions.Only other one I liked was Bryt Software but they couldn't do much in the way of standardized loan life cycle task management (moving loans from application to document collection and review to underwriting and escrow and in-service).

The LL obviously never inspected the property and had ZERO clue about the status of the unit.... just collecting his check in Oregon and being oblivious.

Collection is a nightmare - especially out of state judgment collections.

While you’re already using a variety of online platforms, make sure your ads are optimized for the right audience.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.