Kristy, Other/Just Looking in Seattle, WA

I need to rent out my condo & need someone to manage it - find renters collect rents etc Anyone know one?

Asked by Kristy, Seattle, WA Mon Jun 16, 2008

I live out of town & need a full-service manager

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Answers

5
I own a property management company. Feel free to reach out to schedule an interview with me and my partner.
Jen Thompson & Sam Powell
312 Consulting and Management
Licenced Real Estate Professional
165 N Canal Suite 1031
Chicago IL 60606
Cell: (312) 933-1261
Fax: (866) 630-5460
jen@312consulting.com
sam@312consulting.com
0 votes Thank Flag Link Wed Jan 27, 2010
Having been an investor & landlord for almost twenty years now, I started managing property for some of my real estate clients & others who found out I manage for myself, so could I manage for them? Because I have little overhead, I charge much less than the big management firms who have a "staff." I use Quickbooks for my accounting, and my bookkeeper reconciles each account (client) on a monthly basis with general ledger & balance sheets. Get in touch for more information. -
Web Reference: http://www.wilsonliving.com
0 votes Thank Flag Link Wed Jan 27, 2010
You've got a couple of options to consider.

1 - family / friend in the area - if there is someone who is willing to step in and help you out who is local and able to be available should you need them to collect rent / get a plumber etc... You are likely to have the greatest opportunity for the least expense this route.

2 - local realtor - there are realtors who also offer property management services - typically charing 7-10% of the monthly rent to manage the process of taking care of the property while it is rented, securing new tenants as needed etc. Depending on how you want to handle the rental collection [recommend requiring your tenants to pay you via paypal so that the money is received quickly and easily transfered to your checking account for payment of your mortgage etc.]

3 - your third option would be to hire a property management company who's sole business model is to manage properties like yours. This is likely to be your most expensive route - and really depends on how hands on/off you need/want to be with the process.

I'd consider interviewing Evanston realtors who advertise that they can manage rental properties. There are likely several that focus a piece of their business in working with rentals and managing them on behalf of the owners [knowing that at some point they will become future business and want to sell.]
0 votes Thank Flag Link Thu Jun 19, 2008
Kristy,

My suggestion would be to find a realtor close to your condo. If you're moving out of state you're going to want someone close. Someone in Florida may be alittle to far.
0 votes Thank Flag Link Mon Jun 16, 2008
0 votes Thank Flag Link Mon Jun 16, 2008
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