All Forum Posts by: Amy Jones

I'm looking for property management that will make this as much of a hands-off experience as possible, but I need some help with expectations. Through my research, I've found that there are property managers that will:

- Market and conduct showings of my property

- Find and screen tenants

- Handle lease agreements and moving-in tenants

- Call handymen/plumbers to resolve maintenance issues within the property

- Collect rent

- Give me a yearly statement for taxes

Are my expectations too high? Is there anything I'm missing that I should also include in my expectations? Does anyone have recommendations for property management individuals/companies operating in Iredell County?

0 Votes

Charlotte, North Carolina

@Jeff Roth thank you! I never would have thought to look into this so thank you for bringing the title search to my attention

0 Votes

Charlotte, North Carolina

I'm in between the idea of buying a multi-family home or buying a large home and renting rooms. Would someone be able to give me insight on some of the pros and cons of buying a large home and renting rooms?

0 Votes

Charlotte, North Carolina

Hi, I'm looking to buy my first property soon and I would ideally like to become a section 8 landlord. What are some red flags I should look out for when screening tenants in general, and specifically section 8 tenants?

1 Vote

Charlotte, North Carolina

Thank you everyone for you replies!

0 Votes

Charlotte, North Carolina

Quote from @Maranda Tucker:

Your question is a little unclear. If you are looking on how to find a property manager for your property - definitely ask for referrals! Because you are out of state, these questions may be important for you to ask the property manager you are interviewing:

1. Do you conduct inspections while the property is occupied? If so, do you take photos and/or report back to me whenever inspection has been conducted?

2. Maintenance: How do you handle repairs? More specifically, do you upcharge on invoices? Is there a maintenance threshold (also called a not-to-exceed limit)? Do you have inhouse maintenance or a trusted vendors list?

3. What does the process of getting the property "rent ready" after move out look like?

There are a lot of other questions you will want to ask - but these 3 specifically address your fears around not having eyes on the property and what that would mean for you as an out of state client. Whoever you go with should have very clear and outlined processes for each of these questions.

I hope that helps!

Thank you for the insight!

0 Votes

Charlotte, North Carolina

Quote from @Peter Schimmerman:

Find someone who manages long-term rentals in that area. They can help you find tenants, vet them, and ensure they pay on time. There are plenty of such service providers available, though they typically charge 10-20% of the gross rent.

Do you have any services you would recommend? I'm still figuring out who/which businesses to trust!

0 Votes

Charlotte, North Carolina

Quote from @Abdul Malik:

@Amy Jones

Its nice to meet you via BP! Im happy to answer further questions that you may have about property management. Feel free to contact me directly. Generally, a good property manager will make sure to do the following:

- rollout a strong marketing plan

- thorough application process

- know the fair housing laws

- have the vendor relationships to take care of any emergencies that could happen

- dealing with late fees & evictions!

I can send general toolkit if that helps.

Hi Abdul! A pleasure to connect with you. Thank you for all the insight, I'd love to take a look at the toolkit you mentioned, any further insight is appreciated!

0 Votes

Charlotte, North Carolina

Quote from @Drew Sygit:

@Amy Jones are you looking to remotely self-manage or looking for referrals to property management companies?

I'm looking to remotely self-manage for now, but I'm also open to referrals for property management companies in the future.

0 Votes

Charlotte, North Carolina

I'm going to buy my first property within the next couple of months and I'm curious about how people manage their properties when they are not within a driveable distance of them.

I understand they have property managers but where do you find them?

And how do you ensure that the state of the property, inside and out, is in good condition?

2 Votes

Charlotte, North Carolina

All Forum Posts by: Amy Jones

Amy Jones has started 4 posts and replied 10 times.

Post: Any Property Managment Recomendations in Irdell County

Post: Thinking of Buying a Large Home and Renting Rooms

Post: Thinking of Buying a Large Home and Renting Rooms

Post: How to Properly Screen Section 8 Tenants

Post: Advice on Becoming a Remote Landlord

Post: Advice on Becoming a Remote Landlord

Post: Advice on Becoming a Remote Landlord

Post: Advice on Becoming a Remote Landlord

Post: Advice on Becoming a Remote Landlord

Post: Advice on Becoming a Remote Landlord