Are you accounting for everything—taxes, property management, maintenance, insurance, reserves—and still hitting your target returns?

We onboarded a hoemowner to our property management team in West Palm Beach just over a month ago.

There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

They held a webinar for the Ekahi fund and told them they fired the property management, false they quit due to lack of funds.

For the majority of the properties we manage for our clients, we pass the yard responsibilities to the tenants.

Broker, investor, and property manager here.

I liked Ron’s 20+ year asset/construction management and investment background.

After 6 months I have two properties and since day 1 they have been rented.However, making some numbers and organizing the 2025 budget I am not sure what to think about my first step on this journey.The rent covers the mortgages (10 year loan both) however I have to take out of my pocket some % to cover HOA and management fee.

I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.

How much are you having to pay the management companies?