Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Managing Your Property
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

21
Posts
17
Votes
Patricia Becker
  • Long Beach, CA
17
Votes |
21
Posts

What PM would you pick in this scinario?

Patricia Becker
  • Long Beach, CA
Posted

Granted there is a lot of questions I ask Prospective PM's, I have 2 companies that I am considering, leaning more toward company A, but wondered what the community would pick... 

Both companies are strong with platform, referrals, and management style / structure. and how they handle the inner workings of business. Their main difference is the financial structure. 

My rents are: $775,$875,$925, my tenants tend to be long term and I don't really have a high turnover rate. 

Company A: 8% monthly fee, Half first month rent for placement and 25% for lease renewal (essentially the 2% diff would cover the cost of renewals) zero up-charge on maintenance. 

Company B: 10% Month fee, 25% placement, $100 lease renewal. zero up-charge on maintenance. 

what would you go with and why.... 

Loading replies...