Let's Talk Property Management

Karen McDaniel
Karen McDaniel
  • Female
  • Waterbury, CT
  • United States
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Karen McDaniel's Discussions

Property Manager or owner on lease agreement?

Started this discussion. Last reply by Lisa Nolan Nov 3, 2010. 7 Replies

Got a question for you guys...regarding who names go on the lease agreement (property manager or property owner). In all my rental dealings not once have I had my "name" put on the "Lease" agreement"…Continue

 

Karen McDaniel's Page

Latest Activity

Karen McDaniel replied to Lynda King's discussion 'Checking up on leased residential properties'
THANK YOU JOHN! If every PM did as John is doing there would be alot more happy property owners. I can tolerant certain things being overlooked in the managing of my property BUT one thing I can not is for a PM not having the time or setting a…
Nov 11, 2010
Karen McDaniel replied to Lisa Nolan's discussion 'craigs list scams'
I know how to stop this...STOP posting on Craigslist. This has happen to me on craigslist twice. I even had a potential tenant come to the rental property (I live next door to rental) wanted to see the property and get mad at me because the ad said…
Nov 11, 2010
Karen McDaniel commented on Buildium's blog post 'Implementing A Late Fee Policy'
Like you said a late fee policy is USELESS if you don't adhered to it. My PM in Palm Coast FL. are wimps when it comes time to collecting a late fee. They explain to ME THE OWNER "we try to get the late fee from tenant but rarely will the…
Nov 11, 2010
Lisa Nolan replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
In the state of Tennessee, the only time that I mention an owner's name is when the owner is holding the security deposit. If the owner is holding the deposit, you have to disclose where the money is being held, so you have to disclose the…
Nov 3, 2010
Eunice replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
in this case, the cleaning fee should have been implemented with a signature at move in, by the tenant.Pictures are the way to go , whenever holding back a security deposit take pictures to back up your claim.it wouldn't be a bad idea to take…
Oct 12, 2010
Eunice replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
Technically the lease should be signed by the leasing agent/property manager. The property Manager is taking on the responsibility of screening the tenant, collecting monies, performing the move in inspection so why not sign the lease. i certainly…
Oct 12, 2010
Karen McDaniel replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
I agree with you guys, but I guess some property manager do it. It's funny though of all my dealings with property managers in different states, it's always Columbia, SC where I get all the surprises. I've been though about 6…
Sep 22, 2010
mike vickrey replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
I never put any info about the landlord on my lease agreements. Part of the service I provide is to keep the tenant from bothering the landlord about anything. I am the sole point of contact for the tenant. I have a few landlords who perform some…
Sep 22, 2010
Cammie Allie replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
Absolutely should be the property manager. The property manager is the acting agent for the owner, and the owner information should never be disclosed to the residents. This is why you hire a company to begin with.
Sep 21, 2010
Echo Cheng replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?'
It is not just who's name on the lease agreement. I have a rental property in Ithaca New York and it was managed by a property management company. The manager literally did everything from signing the lease with his name, move in..move out,…
Sep 16, 2010
Karen Dvorak replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?' in the group Residential Rentals
I am a property manager. I use the Texas Association of Realtors lease. We put the owners name as landlord but there is a place for our information including our address to send payment, maintenance request etc. We sign the lease as the owners…
Sep 13, 2010
Karen McDaniel replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?' in the group Residential Rentals
The prior PM had it in their mgmt company name. I also own a house in Myrtle Beach, SC and that lease contract is in the pm name also.....so it's not state specific... SC does not have strict rules or laws governing becoming a pm. In fact my…
Sep 13, 2010
Brian Tierney replied to Karen McDaniel's discussion 'Property Manager or owner on lease agreement?' in the group Residential Rentals
As a property manager, my company and me as Property Manager in Charge represents the owner. The tenant has zero contact with the owner. The owner has hired me to manage his/her property, so my company contracts with tenant. Does seem a bit odd, but…
Sep 13, 2010

Property Manager or owner on lease agreement?

Got a question for you guys...regarding who names go on the lease agreement (property manager or property owner). In all my rental dealings not once have I had my "name" put on the "Lease" agreement" (between tenant and owner). It's always been the property manager and tenant.Recently I hired a new property manager to find the tenant and manage my property (house) full-time. This lease has been documented in Columbia, SC, and yes I am under contract with the property manager for him to "act on…See More
Discussion posted by Karen McDaniel Sep 13, 2010
7 Comments

Property Manager or owner on lease agreement?

Thumbnail
Got a question for you guys...regarding who names go on the lease agreement (property manager or property owner). In all my rental dealings not once have I had my "name" put on the "Lease" agreement" (between tenant and owner). It's always been the property manager and tenant.Recently I hired a new property manager to find the tenant and manage my property (house) full-time. This lease has been documented in Columbia, SC, and yes I am under contract with the property manager for him to "act on…See More
Karen McDaniel added a discussion to the group Residential Rentals Sep 13, 2010
3 Comments
Karen McDaniel replied to Jared Schauers's discussion 'I need ideas on finding new property management clients (owners of rental units)'
Nice concept....one questions does this cause you more accounting issues keeping track of what properties are full service and which are partial. I could see where you'd have to be organized for the different account setups....
Aug 20, 2010

Profile Information

What do you do?
Design Engineer by trade and entrepreneur by night
Website Address
http://www.propertymanagementprofile.com
Company Name
Property Management Profile LLC
Additional Website?
http://www.propertymanagementprofile.com/blog
How many units do you own or manage?
10
Tell us about yourself.
President of www.propertymanagementprofile.com. Your online source for property management companies in the USA and a great place for managers to showcase their company to potential clients.
We make it easier to narrow down the search by providing company comparisons, reviews, location matrix and a complete property manager profile before a client even picks up the phone.
We're all about providing valueable tools to the property owner so that they can make informed decisions regarding property management services they require.
Property managers, stand out from your competition by listing with us today!
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Comment Wall (5 comments)

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At 11:23am on November 11, 2010, John J. MitchellJohn J. Mitchell said…
Thanks for the invitation Karen. Looking forward to more conversations.
John M.
At 5:33am on September 1, 2010, Nate BurnesNate Burnes said…
Karen,

Just wanted to check in to see if we could get Placeforce listed on your site as you mentioned earlier.

Thanks
Nate
At 10:49am on August 23, 2010, Nate BurnesNate Burnes said…
Karen,

I have gone ahead and linked to your site (http://blog.placeforce.com/blog-0/bid/45848/3-Options-for-Property-Management). It fit in very well with a discussion about the options around property management.

I spent a little more time on your site and like it a lot. Very helpful. I saw the PM Software under Resources and think it would be great if we could be listed there.

thanks very much
Nate
At 5:58pm on August 19, 2010, Terri FeatherstonTerri Featherston said…
Hi Karen,

Thanks so much for joining the LTPM community! It's great to have you join us and be actively participating! Happy networking!

Terri
At 6:40pm on August 8, 2010, Dee AllomongDee Allomong said…
Hi Karen

Welcome to the LTPM community - thanks for popping by to say hello :-) It's great to see you actively participating in the community discussions already! Please be sure to let Terri or I know if you have any questions at all.

Thanks for joining!

Dee & Terri
 
 
 

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