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All Forum Posts by: Seth Golding

Seth Golding has started 2 posts and replied 4 times.

Post: Property Management - Maintenance only contract

Seth GoldingPosted
  • Investor
  • oceanside CA
  • Posts 4
  • Votes 0

@Kathy Henley @Peter Amour

Thanks for the input. I can definitely see how many investors who own a lot of units would interested in hiring out maintenance only, and then at some point hiring out full service so I'd like to try to accommodate this need. Seems like having someone as an employee would work out very well.  Peter I agree with you about doing a fixed rate per month and then billing hourly when things go beyond the regular scope of work. 

Post: Property Management - Maintenance only contract

Seth GoldingPosted
  • Investor
  • oceanside CA
  • Posts 4
  • Votes 0

I am a residential property manager.  I just had a inquiry from someone with 45 units who is looking for someone to manage all of the maintenance of his units, while he will continue to manage the tenants, billing, accounting. I usually charge a 9% fee for a full service management, so Im trying to figure out what a fair price for just the maintenance would be. Any managers, or investors who have thoughts on this would be much appreciated. -Seth in Burlington, VT

Post: Making offers on properties sight unseen

Seth GoldingPosted
  • Investor
  • oceanside CA
  • Posts 4
  • Votes 0

Thanks for the input guys. Its good to have a real estate agents view of this. Our agent has been nice enough to work with us looking at some pretty dumpy properties. Sounds like it may be time to change up the way we find deals and get away from MLS. Thanks.

Post: Making offers on properties sight unseen

Seth GoldingPosted
  • Investor
  • oceanside CA
  • Posts 4
  • Votes 0

My business partner and I are looking for a fixer uppers, basically trying to do the BRRR strategy. Because we plan to make low ball offers, we are finding it tiresome to schedule showings of properties and then finding out afterwards that the owner isn't interested in negotiating to a price that makes sense for us. We had the idea that we would like to make offers on properties sight unseen, and perhaps even put them under contract before seeing them, and then use the inspection contingency as our chance to further analyze the deal. Our real estate agent didn't seem to like this plan, and we are not sure if making offers sight unseen is bad practice or if this is a viable technique for investors. Any input would be greatly appreciated.