Comments on: Property management fees: What every investor should know

By: netherosegood

netherosegood — Thu, 15 Aug 2013 18:05:51 +0000

With the ideal way of learning who are the ideal staff and would love to take this small matters and other job. And if they are good at then you can hired them. Of course you can always see the credentials. If you want to put them on the real work be sure they are really that kind of professional who love their work and not just salary. windshifter

By: fonsodeljun

fonsodeljun — Tue, 25 Jun 2013 15:42:58 +0000

After you hired an agent…I think it is best to present your place with ideal area of dwelling and ideal building code and other advantageous for the buyer and for the tenants. Of course you need to learn an easy dealing for the agent and market value of your suit or building. To gain more profit include maintenance and ventilation.

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concrete silo

By: TheFinanceShop

TheFinanceShop — Sun, 17 Feb 2013 16:05:35 +0000

I would rather pay a little more and get an excellent PM rather than a little less and a mediocre one.

Regards

Shahin

By: fredo_4305

fredo_4305 — Sun, 17 Feb 2013 11:40:27 +0000

The amounts vary from state to state. I pay 9% in QLD but my property manager is second to none. I am more than happy to pay this.

By: Happy House

Happy House — Sun, 26 Aug 2012 21:57:37 +0000

Hi there Sevile

My Property Manager has actually sold the rent roll my IP was on to to another PM only 2 months ago.

It is a shame as they were doing a great job. I have now decided to take on the role myself.

It seems that owners have little say about what happens to the agreements after signing. I was at least given an option to make up my own mind as to where I wanted to go.

By: Happy House

Happy House — Sun, 26 Aug 2012 21:57:37 +0000

By: SamNaz116

SamNaz116 — Thu, 23 Aug 2012 07:49:23 +0000

Great info.

Thanks for the tips.

By: Maree72

Maree72 — Wed, 15 Aug 2012 22:44:28 +0000

I have learnt these lessons in a very difficult way.
Most recently a property inspection report was forwarded with one of our properties including terminology of "extremely poor" with maintenance of the property. It was only via our selling agent did we get feedback concerning the state of the property and how dire it had become. The managing group did no follow up on any item that was highlighted to be followed up.
We are busy doing our business and family and trusted a $400K asset to this management company.
There are always management options and I now understand the importance of follow up with expectations of the managing agents responsibilities. In our case they are doing very little for their %. In saying that I love that there is a company we can turn to with a great reputation.
I now completely understand the importance of great property management. After our other nightmare stories (far worse than this most recent) - there is no turning back
So to any property manager who may read this - thank you for being one of the great ones!

By: livewildcard

livewildcard — Tue, 07 Aug 2012 08:22:27 +0000

Just have to keep it professional when looking around:

What services am I going to recieve

How much is it going to cost me

What standard of care will my property recieve

How much time will this save me.

A flat fee or % based. Everything will work differently for different people. Its what works for you, what your going to be comfortable in paying and knowing your place is safe. At the end of the day if things aren't going to work or you are not being allowed to change the agreement so you have some say in YOUR property then move on. Plenty of people will want your business and as long as they know what your after things should be fine.

By: property mesh

property mesh — Fri, 27 Jul 2012 15:26:32 +0000

it is possible that any1 else manage your property without any wrong intentions.
it is just like that you give the rights of your property to someone else