Maryland Property Managment Startup
Hello All,
I am working on starting up a PM company serving residential properties in Anne Arundel, Baltimore, Howard, Montgomery, Calvert, Charles, Queen Annes, and Prince Georges counties in Maryland.
We will be using a team of licensed realtors to fill vacancies and can provide in-house handyman services for regular maintenance at a discount. For emergencies and we have a third party handyman lined up whose prices we do not intend to markup.
We are planning on charging 1 months rent to fill vacancies and our monthly maintenance fees start at 8%. As with the handyman we do not intend to markup any contractor/vendors costs.
I have joined IREM and have been lurking around these forums a while. If anyone has additional advice, suggestions, or resources I would love to talk to you.
Thanks, and I look forward to reading the community's replies.
Kayman