property management pricing and scope
Hi,
I was recently asked to manage a friend's vacant rehabbed property in NE Portland since he lives in L.A. Not sure how to price this out. I plan on taking the pictures, posting property to Craigs and Zillow rentals, pre screening tenants, showing the property, providing the application and lease forms and getting the lease agreement signed. Having the rent sent electronically to the owners' bank account. Light maintenance on the property for 1 yr. term. and maybe longer. Can someone let me know how much to charge for this effort and if there is any PM documentation templates that I could use to sign for scope understanding agreement? I currently manage my own 4 properties and will leverage my 17 yrs of experience owning property and my list of vendors and contractors. I feel confident I can get him a great tenant since the house is in good condition in a great area.
Thank you for any advice