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Taronda Ransom
  • Investor
  • Chicago, IL
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PM Company in Georgia

Taronda Ransom
  • Investor
  • Chicago, IL
Posted

Hey everyone,

I will be relocating to Georgia in a few weeks and I am starting a property management business. Can anyone share where I could find leads or start networking to find people in need of property managers?

Also, in Georgia, what is the average rate charged by property managers?

Thanks in advance.

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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
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Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

Rates are not "standard". You should develop your own rates based on the services provided. It doesn't make sense to say, "I'm going to charge XX% because that's what ABC Management charges." ABC Management may have 30 years experience, proven systems, contractor relationships, and other services you can't begin to provide.

If you jump into property management with zero education and experience, there is a high probability you will fail and you will give the profession a bad name at the same time. I recommend you find a job working for an experienced property manager so you can learn the ropes, get an education, and earn a good paycheck. Then you can determine if this is the right profession for you and break out on your own.

  • Nathan Gesner
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