Hi Everyone! Is there a template or software I can use to create a property management contract with the owners of the condos I will be representing? I am guessing this needs to be state specific? Anyone have intel...
I am familiar with single family rentals, and in my area the typical rate for property management is about 10% of rent collected. What is the ballpark percentage for multifamily properties? I read another post statin...
Hello,
Can a landlord expense for having a property management company? How does it work ? Thank you!
What is the best way to manage a property?From accounts, checkbooks, debit credit cards etc?.?.?
Hi there, I use a management company for my rental and they send me a monthly invoice via app folio. I see itemized expenses on there for the gardener or the plumber. Is it customary or normal to also ask for a digita...
Hi all, I'm currently managing under 10 units and am using Cozy for rent collection. While Cozy does a great job for collection, the expense management piece is lacking. It's possible this may get improved as Cozy i...
Hello -So my monthly income vs. expense worksheet looks like this on a 6-unit rental property. Income: $8200 (full occupancy)Expenses: $2910 (includes 10% for vacancy & 10% repairs, utilities, trash...
Has anyone ever used Zibo before? I just learned about the free landlord tool to manage rental property finances and am now weighing the option of using it to manage the financials of our first rental property (3 unit...
As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly. Whether it's due to changes in personal circumstances or unforeseen issues, addressing these...
Myself and a co-worker would like to get a house to rehab in the next few months. We both have rentals and have done a flip or two ourselves. His wife is a licensed realtor so no or minimal fees will have to be paid o...