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There are three ways I do business...

1. I contract with an Owner to put our sign in the yard, take all phone calls, show their properties and find a good tenant. I do all of the paper work and when I am finished I turn the tenant over to you, the Owner, to manage your own properties. You pay for advertising and half of the first full months rent.

2. I will contract with an Owner to do it all. I will put our sign in the yard, take all calls, show the property and find a good tenant. I will do the paper work and collect the rent. I do a monthly accounting on the 10th of the month. I have a contract with the electric company that if the property becomes vacant they will leave the utilities on and put them in our company name. The gas company will not longer allow the property manager to put the bill in their name. The Owner is the only one that can do that. I will maintain the property. The tenant is instructed to call me if there is a problem and because of being a Real Estate Broker for 22 years and a Property Manager for 18 years I have people to do all work or repair needed. If I have a problem with a tenant I will go through the Delaware County eviction process and even go to court to see to it that the tenant is evicted and any and all damages are taken care of with a judgment. I will turn their file over for collections if need be. If there is repair that needs to be done before re-renting, it will be done as quickly as possible.

3. I will contract with you as an Investor for a property to fix and flip or fix and keep as an investment. I do have people to do all work and I will be the general contractor for the job until completion at which time the property is placed on the market with a referrel to a Broker that is good and can be trusted or I will become the Property Manager.

31 comments:

fleewe said...

Very interesting and motivating blog. Helped me a lot. Thanks for sharing !

marcs steve said...

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Allen butt said...

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agent736 said...

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Jamal Owens said...

Great article! I've been looking for some info on how property management in Calgary works, and this gave me some great insight. Thanks for sharing!

Mae Kristine Raña said...

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Wayne Parker said...

I am looking to sell some property, and I need some help with property management in greeley co. Any suggestions? Thanks for the help!

robot landlord said...

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Stacey Beck said...

This is a lot of great advice right here. I would love to look into this as a career. I think it's something I could handle and enjoy doing.

Stacey
http://www.bluefrogpropertymanagement.com/appleton-property-management

Jason Strong said...

I have a lot of respect for those who do property management. Having to make sure that things like homes and property are taken care of all the time would be pretty stressful. I'm very grateful for all the awesome things they do for us.

http://www.remsinc.com/Rems/index.aspx

Claudia Rosenburg said...

Finding a good tenant is really difficult and time consuming. My friend owns a housing complex in a different state and is currently struggling to find tenants. He's currently looking for a property manager to help him.
Claudia Rosenburg | http://www.allseasonspest.com/page.aspx?id=329

Edmond Vandergraff said...

I am definitely very interesting in managing a couple of properties of my own. My wife and I bought a four plex last month, and are realizing what a great investment it can be. We just have to put in a lot of work to make sure our tenants are pleased.
Edmond Vandergraff | http://www.tjpropertymanagement.com

Feruccio Lamborghini said...

Speaking of property managers. I've been trying to find an apartment forever. I can't seem to find the right one.
Feruccio
http://www.urbanandruralsales.com.au/about/company-profile

Amelia Gillian said...

I think the three ways you do business are very good. I have been looking into hiring a property management company. I would like to sell my current property and buy a new one. It could be very helpful to have someone aid me in planing my estate. http://www.condominium-management.com

Jennifer Davies said...

Thanks for the post. Your statements are things every property management company should strive for. The little things, like customer service, aren't little to the customer. Good luck with your career!

Jenn | http://www.tjpropertymanagement.com

Hillary Houghton said...

What great advice. In industries like this I always like to learn from the people who seem like they've been around in the business enough to know what works. To be honest, up to this point I had never thought of those 3 steps as an actual 3 step process. Thank you for sharing your expertise! http://eastvalleypropertymanagement.com/company/about

Jerco Paul said...

Hello,

This is the perfect blog for anyone who wants to know about this topic. Hiring a professional management company allows homeowner association governing boards to do what governing boards do best, and that is making big decisions and setting direction, not running day to day operations and dealing with small issues. But in Property Management Software is a particular discipline of defining and achieving targets in matters of properties.

Thiago daLuz said...

Sounds like a pretty straight-forward business. My brother is planning to sell his house sometime this fall or winter. He could definitely use a real estate agent like this. I'll pass it along so he knows at least what to look for. Thiago | http://www.zacherco.com/services/property-management

Hanna Mae said...

I have done a little property management before. I enjoyed working in this field. Now I am the one inquiring and wanting to get my house sold. http://www.acpm1.com

Tony De Azevedo said...

I agree with Thiago, it sounds like it is very simple but effective. I don't think that a property management company needs to complicate anything. Their job can be very difficult at times, and it makes everybody happier if they follow these preset rules. http://www.resolutepmnc.com

Zach Thalman said...

I have always wondered what kind of paperwork do property managers usually give to their residents. I think it is important to make sure they read the fire alarm agreement. I know when I lived in my old place, there would be people who would take them out because they didn't want to replace the batteries. It could have been a whole legal issue if there was a fire or something.

Zach | http://www.remsinc.com/Rems/index.aspx

Pavlos Lombardi said...

It looks like you have a really interesting method of doing this. I've been trying to get into property management over the past few years, but so far I haven't had much luck. I think it's because I really don't have that much experience when it comes to things like this.
http://www.mgrmgmt.com/about-us.html

Christ Bonn said...

Hi there,
Great Effort that you were explaining your 3 ways of business in real estates. I really like the way of exploring herself in the terms of business. Thanks for sharing with us.
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David son said...

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Nancy Jorden said...

I have been looking into property management. My husband and I are want to start looking into being managements for some of the apartment complex around us. I hope to one day find something that will work out for us. I think that this new adventure will be fun. http://www.vintage-corp.com/

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Prudence Alvardo said...

I really like this post and its information is really very nice and useful.

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Prudence Alvardo said...
This comment has been removed by the author.
lisa home said...

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