Five Considerations of Hiring Property Managers
1. Management Fee
The property owner needs to understand the purpose of the management fee (typically 10%). The percentage management fee pays for the property manager’s time. The 10% allows someone else to help shoulder the burden of owning the property. The owner is paying for someone else to field 2:00 am calls. It is important to remember that the property Continue Reading
In the eBook The Property Management Start-Up Guide How to Start a Property Management Business and Still Keep Your Life we have identified several systems that once implemented, will drastically reduce the time and headaches of property management. Here are a couple systems that will help you keep your life while owning a property management company.
Rental Unit Key ManagementContinue Reading
Category : Property
Property management allows a real estate broker to:
1. Even out the rough spots The real estate broker profession is a profession in which its participants will go six months without making a dime and then the stars align and $40,000 falls into the brokers lap. The exhilaration of a large bank balance is soon forgotten as office overhead and overdue personal bills are paid and the roller coaster Continue Reading
