Property Management Company for Memphis Investors
Hello, I'm currently investing Memphis area from California.
I have two PM companies in my mind to take care of my properties but one charges 50% of first month and other one charges 100%.
What's normal rate for first month?
one of my property can rent out $1850 and paying 100% of rent for the first month seems like too much.
If you know any good PM company that you are using in Memphis area, please let me know and I'd love to connect with them!
also, if you are in Los angeles area and investing in Memphis or any state out of California, please let me know I'd love to connect, buy you a lunch or coffee!
Thanks
Most Popular Reply
@Jimmy Shin I don't know how many properties you have but at that price point the tenants should be very easy to manage. I would recommend using a virtual assistant to manage it yourself. I own five rentals in Memphis and that's what I do. It costs $75 per month per unit and the VA knows the market and the business. Write me if you want more info.