Author Topic: Property Manager vs Manage your own rental ?  (Read 1415 times)

0 Members and 1 Guest are viewing this topic.

Offline NicholasHunter

  • Tourist
  • *
  • Thanks
  • -Given: 2
  • -Received: 0
  • Posts: 18
Property Manager vs Manage your own rental ?
« on: February 27, 2019, 06:28:03 PM »
I don't think the flyer would load but here is a copy and past of the general. I have a few houses in Irvine now and became to be an issue with all the work load it created. I interviewed a few property management companies. I felt Robber was by far the easiest to work with. I gave him one of my rentals to manage as a test and he really went above and beyond. His services are completely worth it for only $99 a month. 

West Coast Property Managers
   
Our mission at West Coast Property Managers is to help you reach financial goals in property performance and profitability.
Only $99 per month management
Free marketing on 63 different websites • Tenant screening
Lease contracts
Direct deposits & other
   
Robert Brown

951-660-7782


WeChat
NHBrealestate577

Offline woodburyowner

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 57
  • -Received: 125
  • Posts: 832
Re: Property Manager vs Manage your own rental ?
« Reply #1 on: February 27, 2019, 10:04:15 PM »
What's the new tenant acquisition fee?  What exactly does the $99 management fee include?  If you are going to post an ad, at least post all the relevant info.

Offline irvineband

  • Tourist
  • *
  • Thanks
  • -Given: 19
  • -Received: 7
  • Posts: 40
Re: Property Manager vs Manage your own rental ?
« Reply #2 on: February 28, 2019, 04:39:54 PM »
Is he a robber or robert?

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 312
  • -Received: 572
  • Posts: 9711
Re: Property Manager vs Manage your own rental ?
« Reply #3 on: February 28, 2019, 04:54:21 PM »
Is he a robber or robert?

Good question ;)

Offline NicholasHunter

  • Tourist
  • *
  • Thanks
  • -Given: 2
  • -Received: 0
  • Posts: 18
Re: Property Manager vs Manage your own rental ?
« Reply #4 on: February 28, 2019, 07:39:15 PM »
His name is Robert. He is a good guy and has been very helpful! I had issues finding a reliable property manager.

Woodburyowner- I am not sure, you will have to call him directly.

Offline woodburyowner

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 57
  • -Received: 125
  • Posts: 832
Re: Property Manager vs Manage your own rental ?
« Reply #5 on: February 28, 2019, 08:06:27 PM »
His name is Robert. He is a good guy and has been very helpful! I had issues finding a reliable property manager.

Woodburyowner- I am not sure, you will have to call him directly.

You use this Property Manager and have no idea about the cost and details of his service?  Sounds sketchy..

Offline NicholasHunter

  • Tourist
  • *
  • Thanks
  • -Given: 2
  • -Received: 0
  • Posts: 18
Re: Property Manager vs Manage your own rental ?
« Reply #6 on: February 28, 2019, 08:56:31 PM »
I don’t have the breakdown in front of me. You could just give him a call yourself for details. Just thought i would share the good experience i have had.

Are you even looking for someone to help with a rental you may own?
No need to be a critic  ;) lol

Offline rkp

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 309
  • -Received: 292
  • Posts: 1293
Re: Property Manager vs Manage your own rental ?
« Reply #7 on: February 28, 2019, 10:04:02 PM »
We have a handful of rentals and never needed a property manager.  I have a list of vendors on deck that seem reasonable and tell the tenants to contact them directly for repairs.  I also have a handyman go through once every 6 months for 4 hours to at each property to change air filter and do any minor things tenants need.  It gives me ability to check in on the property and my tenants appreciate having some one come in to handle all the small random things like door not closing properly, or sink dripping, etc.  I might spend 15 minutes per month per rental.

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2061
  • -Received: 1635
  • Posts: 8112
  • Gender: Male
Re: Property Manager vs Manage your own rental ?
« Reply #8 on: February 28, 2019, 11:21:56 PM »
Honestly, not sure why anyone would pay for a property manager if they are within a short drive to their rental unless they travel a lot for work.
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!

Offline Cares

  • Yearning for 949 / 714
  • **
  • Thanks
  • -Given: 0
  • -Received: 36
  • Posts: 263
Re: Property Manager vs Manage your own rental ?
« Reply #9 on: March 01, 2019, 12:55:23 PM »
Honestly, not sure why anyone would pay for a property manager if they are within a short drive to their rental unless they travel a lot for work.

But what if I have 500 doors?

As crazy as it sounds, the wealthiest people I know do have around 500 doors of all Class A property in West LA and they personally manage about 350 of them. They fired all their other property management companies because they could never find anyone to manage the way they want to.

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2061
  • -Received: 1635
  • Posts: 8112
  • Gender: Male
Re: Property Manager vs Manage your own rental ?
« Reply #10 on: March 02, 2019, 04:16:40 AM »
Honestly, not sure why anyone would pay for a property manager if they are within a short drive to their rental unless they travel a lot for work.

But what if I have 500 doors?

As crazy as it sounds, the wealthiest people I know do have around 500 doors of all Class A property in West LA and they personally manage about 350 of them. They fired all their other property management companies because they could never find anyone to manage the way they want to.

When you have that many rental doors, you are more of a REIT/corp.  haha  But yeah, if it is one or a few rentals that are local then folks can easily manage their own rentals. 
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!

Offline NicholasHunter

  • Tourist
  • *
  • Thanks
  • -Given: 2
  • -Received: 0
  • Posts: 18
Re: Property Manager vs Manage your own rental ?
« Reply #11 on: March 11, 2019, 07:11:50 PM »
Honestly, not sure why anyone would pay for a property manager if they are within a short drive to their rental unless they travel a lot for work.

But what if I have 500 doors?

As crazy as it sounds, the wealthiest people I know do have around 500 doors of all Class A property in West LA and they personally manage about 350 of them. They fired all their other property management companies because they could never find anyone to manage the way they want to.

Most property management companies are lazy is what I have found reason I was sharing a company I found. Family owned business who really works for the owner in my opinion. If anyone lives out of state or out of the country if would be worth reaching out to Robert.

Offline irvinehomeowner

  • The Unicorn Hunter
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2073
  • -Received: 3522
  • Posts: 20074
  • 3CWG
Re: Property Manager vs Manage your own rental ?
« Reply #12 on: March 14, 2019, 09:53:30 AM »
We have a handful of rentals and never needed a property manager.  I have a list of vendors on deck that seem reasonable and tell the tenants to contact them directly for repairs.

1. This list should be published here ASAP. :)

Quote
I also have a handyman go through once every 6 months for 4 hours to at each property to change air filter and do any minor things tenants need.

2. Please have this guy stop at my house every 6 months. What is the cost for this service?
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

Offline nosuchreality

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 97
  • -Received: 332
  • Posts: 1589
Re: Property Manager vs Manage your own rental ?
« Reply #13 on: March 14, 2019, 10:04:32 AM »
Quote from: irvinehomeowner link=topic=16820.msg347391
2. Please have this guy stop at my house every 6 months. What is the cost for this service?

$130 if you want a one off and middle man app like TAKL.

Probably less ($100?) if you line the same guy up to handle multiple properties and recurring business.

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 237
  • -Received: 169
  • Posts: 1336
Re: Property Manager vs Manage your own rental ?
« Reply #14 on: March 14, 2019, 02:23:34 PM »
Quote from: irvinehomeowner link=topic=16820.msg347391
2. Please have this guy stop at my house every 6 months. What is the cost for this service?

$130 if you want a one off and middle man app like TAKL.

Probably less ($100?) if you line the same guy up to handle multiple properties and recurring business.

Seriously? You guys don’t even want to do the easy diy maintenance. What about the tankless water heater, that is a must do once a year. You have someone do it too? This is easy stuffs.

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Related Links

Recent Posts

Re: Cadence Park environment by Longhairdaddy
[Today at 02:29:15 AM]


Re: Martial arts recommendation for kids? by Logik
[Today at 12:26:07 AM]


Re: Winter is Coming... by iacrenter
[Yesterday at 11:19:51 PM]


Re: Nova at Novel Park by WTTCHMN
[Yesterday at 08:38:07 PM]


Re: Nova at Novel Park by aquabliss
[Yesterday at 08:18:30 PM]