Property Management Contracts & Questions
Hi all!
I am a real estate agent in Rhode Island but about a year ago an opportunity presented itself to me to take over the property management role for 12 units in two neighboring buildings. It took some slight adjusting on my part but I have gained confidence and experience in the field. I have also build up my local contact database in the area doing so.
I am at the point where I feel like I am ready to take on managing more properties, but before I start to market myself and reach out to other rental property owners I was hoping to reach out to the bigger pockets community and see if anyone has any sort of sample contracts or certain things to keep in mind when creating/signing a property management contract? As well as thoughts on pricing and what to charge?
My current gig is an informal one and is between my broker and I so a verbal contract worked for that scenario. Any other advice, guidance, and insight into the field would be greatly appreciated! Thanks in advance.