All Forum Posts by: Joshua McIntire

Hi Yosef,

I'm looking for the same.  I'm looking to enter the market in St. Louis.  Would love to connect to see how your properties are performing.  Let me know if you are free. 

Hi,

Does anyone have any good referrals for management companies in the St. Louis area?

Hi,

We are in beta testing on a SAS website we developed to track, automate, and keep our managers in compliance.  Our site, MyOnsiteManager.com was designed to fill a void in California where we are required to hire resident managers in apartments over 16 units in size.  We also include performance reports about the property along with performance scoring for resident managers.

Since the majority of other states don’t have laws requiring onsite managers for larger apartments, I am looking for  feedback as too features that would be extremely beneficial to the apartment landlord or management company market that would replace manual processes (I.e. automate a weekly report, streamline a leasing/vacancy report, etc) and be a big enough value add that they would give our software a try.  We spend a lot of time creating these reports every week and we are developing a better way than the standard manual processes.

We currently use Appfolio and they have minimal performance reporting.  I’m not sure if the yardi’s, buildiums, etc have good property performance reporting. 

Also does our pricing seem reasonable for the service offered?

thank you,

Josh

We use Appfolio but there is a high minimum I believe.  We started with buildium then once we got more doors we made the switch to Appfolio.. 

I get it’s a sellers market, but these are some pretty aggressive terms to meet.  What market are you looking at?

Thank you

@danushka I am in Arcadia if you ever want to meet up to chat more. 

That is strange, I can reach out to my title rep and ask for all types of properties in certain areas and his team will pull the reports for me.  Maybe check for a new title rep.  

That could be a good strategy, which school district?

Hi, these are many of the reasons we are looking out of state.  The eviction laws have become so bad you can’t get tenants out of a rental.  You would also need to put down 30-50% just to break even on cash flow.  CA investments seem to bank on appreciation and that is now capped with statewide rent control which handcuffs you further.  Maybe look towards inland empire.