It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

(I'm in Cleveland, OH) I'm happy to look over your PM agreement if you want an extra set of eyes, always seem to find something of value in those! 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I don’t like being micro-managed but understand that some owners need that extra reassurance and I’m happy to give that to them. 

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

I have had unexpected issues pop up way too many times in the last few years, and each time I was very grateful for the extra capital I had stashed away.

Plus, they wouldn’t be able to charge extra rent or additional security deposits specifically for pets.Just a heads-up – these new rules wouldn’t apply to rental agreements signed before January 1, 2025.Where Are We in the Legislative Process?

They do not add more for garage, basement extra storage, central air conditioning etc, which are market rent additives. 

If you’re okay with that risk, go for it.Have a Backup Plan: Make sure you have extra money saved in case things don’t go as planned.Follow Your Passion: If this is something you really want to do and you have the money, it might be worth it.Let us know how it goes!

I don't know if there are any extra difficulties in TX.