STARTING A VIRTUAL PROPERTY MANAGEMENT ASSISTANT COMPANY
Hey Everyone,
I am thinking about providing a virtual property management assistant services. I think this service would be idea for someone who perfer to spend more time inquiring property while I handle office duties and be liaison between Vendors & Tenants.
My 24/7 Service Would Include:
-Review Maintence Request
-Schedule Vendors
-Coordinate Between Vendors & Tenants
-Maintence Follow Ups After Work Completed
-Update Your Property Management Software
-Pay Vendors
-Basic Accounting
-Process Prospective Tenants Applications
-Notary Services
-Other Administrative Duties Upon Request
By me being virtual I can provide this service to people outside my local parameter. Do you think this service is indemand? And what would you pay as a flat fee for this service? Please don't hesitate to give any advice. I have 1 year experience of property management experience. But in my eyes I'm still a newbie.
Most Popular Reply
Elicia,
I like your idea as it relates to my personal situation. I own 4 rental properties (so far) and I self manage while working a demanding full time job. I've spoken with full service PM companies but have not hired one because I don't feel that our goals are aligned...they make their money when they turnover tenants and by marking up service calls, while I want tenants to stay for multiple years with no service calls. I'm in construction so I have a team of handyman, plumber, HVAC, electrician, painter, etc.
The services you listed above are exactly the things that consume my time and take me away from other more profitable things. I will send you a message to continue the conversation.