All Forum Posts by: Kayman K.

Thanks Kristy,

I feel like we have a pretty good game plan, but I guess I was looking for some validation on if our model seems appropriate for the MD area. Also if there were any Maryland specific things I should be aware of outside of the standard landlord-tenant laws, fair housing, and EPA stuff. 

Sohrab & Kevin,

At the moment, yes, all single-family and duplexes. I spent some time on the NARPM site last night and there is definitely a lot of useful information. I was originally turned off by the high membership fee and the requirements for certification. I will definitely work on joining the local chapter and taking a few of their courses. Thank you.

Hello All,

I am working on starting up a PM company serving residential properties in Anne Arundel, Baltimore, Howard, Montgomery, Calvert, Charles, Queen Annes, and Prince Georges counties in Maryland. 

We will be using a team of licensed realtors to fill vacancies and can provide in-house handyman services for regular maintenance at a discount. For emergencies and we have a third party handyman lined up whose prices we do not intend to markup. 

We are planning on charging 1 months rent to fill vacancies and our monthly maintenance fees start at 8%. As with the handyman we do not intend to markup any contractor/vendors costs. 

I have joined IREM and have been lurking around these forums a while. If anyone has additional advice, suggestions, or resources I would love to talk to you.

Thanks, and I look forward to reading the community's replies. 

Kayman