You need to understand that we are only obligated to whats in contract.

Try interviewing at least three managers.1.

If you feel like you’re managing your property manager, it’s a strong sign that the manager may not be the right fit.

After years of self-managing our single-family rentals, we decided to hire a property manager to provide full service management.

My concern us that the contracting company is owned by the property manager. 

I’m certain there will be some type of moratorium or intervention, but the fact of the matter is the balance sheets of impacted lenders will suffer when obligations are not paid on time.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

In the process of analyzing deals, I reached out a property manager for his fees.

Originally posted by Alison Robinson:Hello all,I am in immediate need of a Commercial/Residential Property Management Company representing owner-landlords on the South side of Chicago.

It’s definitely worth exploring if you’re looking for a robust management tool.