Updated almost 5 years ago on . Most recent reply
What are my expectations of Property Manager?
Over the past 12 months I've built my portfolio from 6 doors to 30 with my most recent acquisition being a 12 unit building. I am now to the point where I need assistance and researching my options of just hiring a PT maintenance person or hiring a Property Manager to oversee it all. If I hire a PM, what are my expectations? What is the general role of the Property Manager or does anyone have a "job description" they could share. What kind of contract should I have with the PM? In my area I have researched and noted 10% is typical but what all should I receive for that 10%. Thanks for all of your feedback