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Updated about 1 year ago on . Most recent reply

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Tom Server
26
Votes |
117
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hired a property manager, should I still get a property manager application?

Tom Server
Posted

I was going originally going to be my own property manager and ended up hiring someone instead. Should I get any landlord or PM programs now /.?

Most Popular Reply

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177
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Tracy Minick
  • Rental Property Investor
  • Monroe, wa
98
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177
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Tracy Minick
  • Rental Property Investor
  • Monroe, wa
Replied

I would suggest with property management that you only need to monitor your owner portal. You should be able to view all income, expenses and the like. PM's will use the portal to provide you with up to date communication, monthly and annual accounting, tax reporting and detailed annual reports.  @Tom Server made a great point:  confirm their services (ie: are they paying your taxes and home insurance). PM should set up owner authorization so that when a unit is vacant that utility bills go to the PM to pay. Congratulations on becoming a card carrying member of the landlord community.

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