Updated almost 7 years ago on . Most recent reply
Multiple property discounts from property managers
Does anyone have any advice for getting discounts from a property manager for multiple properties? I currently have a PM for one property and am considering using them for a second. Things have gone well, but I've only worked with them for a year and my tenants have been about as great as you can get, so I haven't been able to see if they're really good or not. My realtor owns a PM company and wants to manage my second property, but I'm not sure if I should jump ship yet. He mentioned seeing if my current PM would be willing to offer any incentives for managing more than one property, but I have no idea how to go about asking that. Is it normal to ask for the tenant placement fee (75% first month rent) waived? Monthly fees (currently $100/month) decreased for one or both of the properties? Are 2 single families not enough to ask for any of this? Any advice is much appreciated!!