As soon as we have too many rental properties (or flip properties) that my project manager can't handle both jobs, I will hire out the property management to someone else.The goal is that by the time I need to hire a PM company, I'll have enough rentals that I can just hire another part-time person to manage them all, as that will provide more control than a larger company where I don't have constant communication.

.), that somewhere in there, one can find some credible people to actually communicate intelligently with.

Good communication and a willingness to try to figure out solutions to the problems facing each partner is important for the success of a partnership.

I don't agree with the way this company handled things, and it is these type of people that give us a bad name.I can't help but think that if the broker kept the lines of communication open things might not have ended like they have.

Just make it a rule that only licensed people can claim to be licensed, and unlicensed people have to clearly communicate that they are not licensed.

You can communicate and get real answers and get real time feedback.

Utilities now range into the $450-500 range, I communicated solely via email, my lease agreement has them locked in for 1 year and they still have 8 months to go but I evicted them.

A nice web interface/portal is very helpful:* Tenants can log issues and maint. requests* Communications between owner/manager can occur* Owner can access real-time reports on status of property* Some very nice pictures and information about your property that is available for rent, linked from Craigs List and other places.http://www.personalrealestateinvestormag.com/uploads/Articles/Property_Management_MJ10.pdf

There are several things a good businessman should know whether he's flipping houses or building rocket ships, such as ethics, deductive reasoning, spelling/grammar skills, communication, etc.

They can and are leased out for other uses, braodcast radio and television, public service communications, etc.In the 90s I worked with a guy (advised and financed) who went through the mid-west obtaing long term leases on properties lining up repeater towers and leasing them to Altell (now Verison) and did very well very quickly I might add.