He's paid $2,400 per month and does an amazing job screening the tenants, turning units quickly and is just on top of things.

It wouldn't be the first time that a delinquent mortgage holder screened their calls.

I'm looking for like minded people that are interested in a cheaper property management alternative.I own property in Chicago and I'm working on a platform that incorporates AI and Virtual Assistants so that we can circumvent traditional property managers and instead charge a flat monthly fee.

I posted this in the Chicago area as well, but I'm looking for like minded people that are interested in a cheaper property management alternative.I own property in Chicago, LA and NYC and I'm working on a platform that incorporates AI and Virtual Assistants so that we can circumvent traditional property managers and instead charge a flat monthly fee.

Don't worry about their entertainment, with no rent to pay and extra money in their pocket, they're going to buy a giant flat screen TV and the latest Xbox from Walmart while doing their "essential grocery shopping". 

This keeps prices flat but makes the timelines and other transactional cues change in uncomfortable ways. 

Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

Good people still intend to do business the right way, so as long as you screen your tenant you should be fine.

It is a flat out discount because the PM is fearful of having to do their job if tenants contact them and say they cannot pay rent in April. 

I would rather own Rayonier, here in NE Florida for the diverse asset classes they have in addition to the real estate, but also the plasma screens they make for monitors and televisions.