Property Management for Single Family Rentals
3 Replies
Timothy Paul Russell
from San Marcos, TX
posted 3 months ago
I’m looking forward a good Property Management company fir a few Single Family homes in the Nashville Tn area. Does anyone have any recommendations? Currently paying 10% , any suggestions would be greatly appreciated.
Tracy Streich
Real Estate Broker from Tulsa- OKC Oklahoma
replied 2 months ago
@Timothy Paul Russell 10% is about average. Just remember cheaper is not always better. What do you want them to do? Figure this out and then talk with your current PM and a few others. If you have 5 or fewer homes trying to get a discount is not always the best idea. Getting a discount from a new PM trying to get business that has been doing it for 6 months or full price from someone with systems that has done it for 10+ years. You have to ask yourself which is a better deal. The NARPM website shoudl give you several good independent options in your area
Michael Johnson
Property Manager from Charlottesville, VA
replied about 2 months ago
@Timothy Paul Russell I understand PMI Nashville runs a good shop.
Devan Mcclish
Investor from Nashville, Tennessee
replied about 2 months ago
Hey @Timothy Paul Russell ! I would love to chat if you're interested. I run Olympus Property Management in Nashville. We are 8% plus a month fee however, so that might end up costing more than you want to spend, but if not, just reach out!