All Forum Posts by: Erica Moore

@Peter Tverdov They haven't shielded me from some of those things, so it's good to know that a great property manager is supposed to. I guess when I'm thinking of things they've had to deal with, it's something larger than violations, etc.

@Todd Rasmussen I'll need to dig up that contract and read it thoroughly. I doubt it's worth moving anyway at this rate anyway since it's only 1 more house and they've been good so far, but good to know it could cost me. Thank you for the help!

@Peter Tverdov That's my worry - they'll say they've done this great job when in reality they haven't had to do anything yet! Thank you for some insight into the actual discounts

@Todd Rasmussen this is extremely helpful, thank you. If the current tenant renews with the current PM (which they might), what would be proper etiquette to move this business away? Is it as simple as "I gave you the opportunity to keep my business but you couldn't compete" or is it best to keep working with them until this tenant is out?

Does anyone have any advice for getting discounts from a property manager for multiple properties? I currently have a PM for one property and am considering using them for a second. Things have gone well, but I've only worked with them for a year and my tenants have been about as great as you can get, so I haven't been able to see if they're really good or not. My realtor owns a PM company and wants to manage my second property, but I'm not sure if I should jump ship yet. He mentioned seeing if my current PM would be willing to offer any incentives for managing more than one property, but I have no idea how to go about asking that. Is it normal to ask for the tenant placement fee (75% first month rent) waived? Monthly fees (currently $100/month) decreased for one or both of the properties? Are 2 single families not enough to ask for any of this? Any advice is much appreciated!!

This is amazing! So good to see all the hard work and learning pay off. And definitely an inspiration to the rest of us who aren't too invested yet and still learning every day. Congrats!!!

Do you live together? I live with my boyfriend of 3 years and we know we're going to get married (knock on wood), but living together feels eerily similar to how my friends talk about marriage. 4 houses later and engagement ring/wedding seem to get pushed farther and farther away... And the more money compounds, the less we think about it. I personally have been talking about a wedding dresses/weddings with my mom and looking at rings for years, so that's not something I'm willing to compromise - and your gf might be the same. There's nothing wrong with her wanting these things if she always has, I just don't see the need to rush any of it. BUT if she gives you an ultimatum or anything similar over delaying things or offering to give her a less expensive ring - RUN. Everything has to be a conversation and someone will have to compromise something along the way. 19 just doesn't seem the age to have to start doing that - take your time!

@David Ivy I definitely need to get with my insurance company and see what their restrictions are. How do you handle an emotional support animal? Same pets fees/rent/deposit as anyone else or are they exempt?

Good to know about what else you've seen in Austin - want to make sure I'm competitive!

@JD Martin it sounds like everything ultimately comes down to the tenant screening. I updated the listing as "case by case basis," so I'll be diligent about which pets, if any, I allow! 

Thanks for the detail!

@Alissa Engel I've always had great cats and had no idea people felt this way - so glad I posted this! Doesn't look like I'll be allowing them after reading what everyone has to say. And puppies are out. 

Really appreciate the insight!