Donald Yang
MTR Property Management
Hey guys,Looking to get into MTRs in my backyard and I was wondering if you guys usually do it yourself or get a property manager. It seems like groups with good corporate contracts that may be able to get better retu...
No Name
The Assignment Contract
So...when assiging my contract to an end buyer do I just mark the price up for my fee or can I charge him an assignment fee separate from the house price? Is there a standard percentage I should get as a deposit?
Eric J Platter
Asset Management & Payroll for MF
When creating/reviewing a Pro Forma for a MF investment when they have both have Payroll and a Property Management Fee are they double dipping? Should the PM Fee be less if you have onsite staff? I know the rule-of-...
Karisa M.
Property Management Fees Included in CAM Charge
Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is pay...
Duane K.
Entity Structure Bookkeeping Questions
Hello all, I'm in process of setting up my entity structure, I'll have a holding company LLC and then two property LLCs with one property in each. I've got a checking account open for each al...
Kyle Kelley
Rent checks made out to Property Manager Co.? Or made out to Owner?
Hi all, I've been scouring the archives to try and find this answer but I have yet to see it - I'm hiring a property manager for my out of state investments, so should I have my renters make checks out to the property...
Titus Hill
Property Management Proposal Jax, FL
I am about to close on my 5th unit in Jacksonville, FL and I am looking to put property management in place. I just have too much going on with work and church to deal with tenants and toilets directly. One company ga...
Matt Jepson
Property management companies from a distance
First time posting after reading through other posts and trying to learn tips from everyone else.In our situation, local market is expensive to get in to and makes positive cash flow difficult to see other than STR's....
Account Closed
management company and placing a tenant question
Hello all!I have a management company managing a single-story home. They placed a tenant in Jan 2023 and the tenant stopped paying May 2023 and the eviction process has been started. I asked an agent from the company ...
Jimmy Klein
How exactly do property manager's make a profit?
I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...