Rental real estate management services

From: Mike Broadhurst <specpub@annex.com>
Subject: Rental real estate management services
Date: Wed, 08 Jul 1998 10:57:33 -0700

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Hello all:

I own a Los Angeles-area townhome that I've rented out for about 18 months.
It will soon be vacant again. Having made a number of stupid landlording
mistakes, I'm thinking about contracting with a property management company
to handle the tenant screening, leasing, rent collection, etc. I understand
some firms charge a percentage of the monthly rent and others have a
one-time fee. Does this sound right? 

Does anyone on the list have experience with such firms that he or she
would be willing to share? Are there common pitfalls to avoid? Are such
firms liable for dealing with tenants (that they find) who subsequently
must be evicted? Any management firms in the LA-San Fernando Valley area
that someone might recommend?   

Mike Broadhurst
specpub@annex.com






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