We self mange our other properties, so plan to do it for this one as well. 

Hi BP Fam!We are real estate investors who are looking to create collaboration/relationship with an experienced real estate agent/team and a property manager in the Winston Salem, NC area. Experience with commercial a...

Hey all,I’m not sure if it makes sense, but I have a property I flipped which I think will make more sense as a STR, but I don’t want to manage it as one at the moment -does it make sense there will be investors willing to rent it from me and mange it as an STR? 

With most investors  self manging or owning property management companies themselves, how do you decide price per door for new clients?

Property is out of state and we would use the team I already have in place to mange the property.

I pay 25k per house just to mange. 12500 rough in 12500 upon co. 

Electrical, Plumbing, Heating, condition ExpensesInsurance- 90 (call for a quote)Landscape 30 (if needs to be done)Property Taxes- 150-225Vacancies- 8.3% (lower depends on area) Repairs- 9% or moreCap Ex 10% or morePm- 10% (when mange) Garbage- 50 (if needed)Water/sewer - 90-100 (if needed)Future Return Income increases- 1-2%Property increases- 1-2 % Expense Increase 1-2% Return Goal: 12% COC Return

I started my own property management company to mange our investments and used my real estate license to buy our properties.  

I self mange my units, which helps.

This is where you need to micro mange.