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Updated over 7 years ago on . Most recent reply

User Stats

215
Posts
42
Votes
Cliff T.
  • Rental Property Investor
  • San Francisco, CA
42
Votes |
215
Posts

Do you pay yout PM/contractor to vet properties?

Cliff T.
  • Rental Property Investor
  • San Francisco, CA
Posted

Hi all,

I'm an out of state investor and have a question for other fellow long distance investors.

Do you pay your contractor/property manager if they stop by to take photos and videos of prospective properties you're looking to purchase? If so, how much do you pay per visit?

I can see the argument for both sides: on one hand, they are helping to vet their own future business so no payment is needed; on the other hand, their time is valuable and it seems reasonable to pay some fixed amount per visit.

Thanks in advance for the response!

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