Property Manager
HAVE YOU EVER WONDERED WHY PROPERTY MANAGERS SUCK? BECAUSE, THEY'RE INCENTIVIZED TO SUCK! Property managers make the majority of their money from things such as leasing fees, applications fee, renewal fees, maintenance markups, unit turn/repairs, and so on. When you as a landlord are focused on keeping maintenance cost low and units occupied, property management companies have goals to maximize THEIR leasing and maintenance revenue. They want to drive YOUR costs up so they earn more revenue! Hence, they're incentivized to suck! At Acorn & Oak, our values are completely aligned with your values as a real estate investor. In addition to a one-time setup fee, we have ONE fee and that's a 10% monthly management fee. Why did we decide to get rid of all other fees and essentially turn down more revenue? It's quite simple. When you as our client do well, we do well! By keeping more money in YOUR pocket, it affords you more opportunities to grow as an investor which in theory will bring us more business and more properties to manage. At Acorn & Oak, we're incentivized to place the BEST, most qualified tenant in your property. A tenant that not only pays on time but, also, maintains and takes care of your property. Otherwise, we make no money.
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