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20 contributions to Mom's Home Property Management
Florida and Alabama Property Management??
First I would like to give a big THANK YOU!!! to Lexi, great group and you're doing an awesome job! Any managers in Florida or Alabama? Curious on all the licensing needed and cost to get start. I am aware of needing a Real Estate License, but it there more needed? Really thinking of changing focus from insurance sales to property management. Plus this will give me a new skill set for Multifamily investing too. Time to change my TARGET and focus on a bullseye of success. Thank you all, I am enjoy this group and learning. Jim A.
1 like • 22h
Great question, Jim! Property management could definitely complement your multifamily investing goals. From my understanding, both Florida and Alabama generally require real estate licensing when you’re managing property for others for compensation, but the exact requirements can depend on how your business is structured and what services you provide. You’ll also want to look into brokerage requirements, property management agreements, trust/escrow account rules, insurance, and setting up your business entity. I’d love for anyone currently managing in Florida or Alabama to jump in and share what the startup process and costs looked like for you. This is exactly the kind of conversation we want to have in this group! 🏡💪🏾
👀 WOULD YOU CALL THIS LEAD?
I was driving through my neighborhood today and spotted this “FOR RENT” sign in the yard. And it got me thinking… If you’re trying to grow your property management portfolio, would you call the number on this sign? 📞 The property appears to be For Rent By Owner, which could mean the owner is currently handling everything themselves—marketing, showings, applications, tenant screening, leases, maintenance, rent collection, and everything else that comes with being a landlord. Could this be an opportunity to simply introduce yourself and say: 🏡 “I noticed your home is available for rent. Are you planning to manage the property yourself, or would you be open to hearing how professional property management could help?” No hard sell. Just a conversation. 💭 LET’S TALK ABOUT IT! Would you call this number? A. Absolutely! That’s a potential door. 📞 B. Maybe—but I’d research the property/owner first. 🔎 C. Nope. I wouldn’t cold call an owner from a yard sign. D. I’d approach it differently—I’ll explain below. 👇 And if you would call, what would your opening line be? Drop your answer in the comments! I want to hear how everyone would approach this lead. 💡 Remember: Sometimes your next property management client isn’t sitting in your inbox—they’re sitting behind a FOR RENT sign you drive past every day. Build Doors. Build Income. Build Freedom. 🏡
  👀 WOULD YOU CALL THIS LEAD?
🏡 Homework from Last Week’s Property Management Call
Hey ladies! 👋 Just a reminder of the homework from our last call. The goal is to do a little research on what property management companies are charging in your local market so you can better understand how your pricing compares. Your homework is to research these 3 things: 1. Monthly Property Management Fee – What percentage or flat fee are property managers charging each month in your area ? 2. Leasing Fee – What are companies charging to find, screen, and place a new tenant? Is it a flat fee, percentage of one month’s rent, or a full month’s rent? 3. Maintenance Markup/Upcharge – Are property management companies in your area adding a markup or coordination fee to maintenance and vendor invoices? If so, how much? 💡 Bonus: Pay attention to any other fees you see—lease renewal fees, inspection fees, setup/onboarding fees, late-fee splits, etc. Come to our next call ready to share what you found! This will help us see what’s considered normal and competitive in different markets and make sure we’re not leaving money on the table. Drop your city/state and anything interesting you find in the comments! 👇 Build Doors. Build Income. Build Freedom. 🏡💰
🏡 Homework from Last Week’s Property Management Call
Permaculture Thinking
Question for the group: How could we incorporate regenerative farming into our real estate investments? I’ve been thinking about whether there are opportunities to do more with land than simply hold it or develop it. Could practices like improving soil health, growing food, or partnering with local farmers create value for a property and the surrounding community? I’d love to hear if anyone has tried this, seen a model that works, or has thoughts on what types of properties might be a good fit.
1 like • 6d
Jose, I love that you brought this up! This is a little outside of our typical property management conversations, but I actually think there’s an interesting connection here. From an investor/property management perspective, I could see opportunities with properties that have acreage, rural rentals, small multifamily communities, or undeveloped land. Instead of unused land simply becoming another maintenance expense, an owner could potentially partner with a local farmer, create community garden space, grow food, or use other sustainable land-management practices. What interests me from the PM side is whether something like this could become an amenity, additional income stream, or value-add for the property while also benefiting the community. Of course, there would be things to consider like zoning, water access, insurance/liability, leases, maintenance responsibilities, and whether the numbers actually make sense for the owner. I’d love to hear from everyone else too. Has anyone managed or invested in a property where the land itself produced income outside of traditional rent? That could be farming, gardens, grazing, storage, events, solar, or something completely different.
“Would You Take This Property?”
🏡 PROPERTY MANAGEMENT SCENARIO OF THE DAY You get a call from an owner who wants you to manage their rental. Here’s the situation: 🏠 Single-family home 💰 Rent: $2,200/month 📍 Good rental area 👨‍👩‍👧 Tenant is already living in the property 📆 Tenant has 7 months left on the lease 😬 Owner has been managing it themselves 🔧 Several maintenance items have been delayed 📄 Records and documentation are… a little messy 💵 Tenant is currently behind $500 on rent The owner says: “I’m tired of dealing with it. I just want someone else to take over.” Would you take this property into your management portfolio? Before saying YES, what would you want to see or verify? Drop your answer below 👇 BONUS: What would be a 🚩 red flag that would make you walk away from the property completely? Let’s learn from each other! 💕🏡 The Property Management Collective by Mom’s Home
 “Would You Take This Property?”
1 like • 6d
@Christina Lovett , great assessment . We will be discussing the scenario in class on Thursday 🙌🏾.
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Doreen Sidney
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23 points to level up
@doreen-sidney-6826
Doreen

Active 14h ago
Joined Aug 13, 2026
Round Rock
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