Investor · MD · Member since 2020 · 58 posts · 22 votes
Does anyone know a great property manager and handyman in Baltimore, Maryland?
I am also looking for clarification on working with property management in respect to rent collections. Does the property manager collect the rent and pay the property owner less the management fees or does the rent go directly to the property owner and then the PM gets paid, or either way?
Almost every decent pm wants the money to go to them directly. You will have a hard time finding someone willing to let them back pay you.
There are a bunch of reasons. Also ensuring not only do they get paid cordially but so do there subcontractors and anyone else that needs to. Budgeting is part of their job so why make it yours? Also they will know when to stop eviction proceedings in case of tenant failure to pay rent.
@Steve Archer thanks for your reply. I see you are a California investor but I am assuming that you have properties in MD and the PM companies are one that service Baltimore, MD. I will look into them. Thanks again.
@Tim Jacob thanks for your response. I guess it will require a trustworthy form to assure that you are not cheated on rent collections or they don’t run away with your money. Thanks again for your response.