Quality and ethical only.

The quality of your deal and the temperature of the marketplace will dictate the size of your fee.If you are double-closing, your buyer will pay a higher price than you are paying your seller.

My partner and I are doing our first mailing this week.We're both new- never done it before.Gonna field the calls...stumble around a bit...and learn by doing.Our plan is to initially send 2500 postcards each month for the next 6 months- tweak message and list criteria based on response rate(quality and quantity).

We all love to save money, so while I would like to find someone who will not over-charge me, I do seek quality workmanship, and intend to pay someone fairly to achieve that.I hope to network and learn even more here on BP!

If they're screening correctly and complete "quality" due diligence, you should be fine.

Ignoring it and focusing only on metrics like cash on cash will tend to push you towards lower quality neighborhoods with weaker long term supply and demand fundamentals, yet better day one cash flow on paper.

Personally, I would feel comfortable living here, but this is just based on my perception of the area and the apparent quality of the nearby units/yards/etc.

Still waiting to see if the quality is acceptable. time will tell.

My two main complaints with PMs are:- Lack of professionalism: Shows in lack of communication, poor quality of service to tenants, lack of follow-up on owner requests, sub-par selection of tenants, etc. - Excessive cost: Advertising 10% upfront and then charging for everything under the sun is deceptive at best, and dishonest at worst.

Your per square foot can range between $50-$95 per square depending on quality of workmanship and relevant conditions of units in the immediate area.Let me know if you have any questions.Regards,Joe Scorese