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Buying & Selling Real Estate

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Jason Prendergast
  • Real Estate Investor
  • Debary, FL
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21
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Property manager, yay or nay?

Jason Prendergast
  • Real Estate Investor
  • Debary, FL
Posted Mar 18 2014, 14:46

I understand the value of a good real estate agent, mortgage broker, GC and real estate attorney, but are property managers worth it? Ive called and emailed some of the property managers in my area and never been able to speak with someone over the phone (red flag). Ive received canned email responses, too. Im willing to pay someone the 50%-65% of a first months rent to get a good tenant in there, but not sure if I can justify the 8-10% fee per month. What is everyone elses opinion on this?

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