I am trying to decide between two property management fee structures offered by a company.Rent: $1340
Option A:Monthly Management Fee: 6%New Tenant Leasing Fee: 70% of RentLease Renewal Fee: 35% of RentOption B:Month...
Would anyone recommend a reputable property management company in the Milwaukee area? I am looking at investing in duplexes, triplexes, and 4-plexes in Milwaukee but unfortunately live in California. Thanks!!
Just wanted to post that I hired a property manager for my four plex. I've been quite critical of Property Management companies, stating they are a waste of cash. We had experienced high cost on turnovers in both PM...
Tired of working "in" the business and would rather be working "on" the business?So are we!! Implementing Scale-able Systems is the first step for us. We are currently using Quickbooks and Excel spreadsheets, so any...
Hello,
Does anyone have thoughts about hiring a property manager in house vs hiring a management company? I have always hired a management co with lackluster results and always feel as if they may be a bit too busy wi...
Looking for some advice on how others have structured partnerships that are not so clear cut as those who bring 100% labor or 100% money. For example, we have three partners:Partner A: Downpayment + Bank Financing for...
Looking to get into a property management software and wanted to see if anyone has any suggestions on which one to use. we currently manage 24 units and have been using excel and quickbooks. Does anyone know of a bett...
Hello:Wondering if anyone is aware of and may have a recommendation for software to streamline and standardize operations for a real estate investment company. It should be able to manage documents, acquisition, rehab...
Hi everyone, I've been browsing BP for several years now but never pulled the trigger. However, now I'm in the process of buying a property along the Oregon coast a couple blocks from a beach with the intention of mak...
I'm a brand new landlord (out of town). What should I look for in terms of property management services and how much they charge. I have talked to one who charges 15%, which seemed high to me. (Western NY State is the...