Updated over 9 years ago on . Most recent reply
Great Property Managment
What makes a property management company good, and then what makes a property management company GREAT? What services do you look for, and what else?
Most Popular Reply
Turnover cost can be expensive along with the home being vacant for 1-2 potential months. You will lose all the cash flow you just made with these costs. 75% of the 2yr leases we get have an increase in rent the 2nd year in the amount of $15-$25. Most tenants stay around 4yrs. I am less concerned about always wanting to raise rents as opposed to keeping tenants in the home and minimizing turnover. Our market rents have been very stable for years so its not like the market rents are justifying say a $25 increase every year.
- Curt Davis
