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Why the Normal Property Management Model Doesn’t Work

JWB does things differently than most Jacksonville Property Managers. We believe this can be good for you!

The existing property management company model is broken. Here’s why:

Tenant Lease Duration

Were you aware that one of the ways property managers make money is through New Tenant Fees? This is the fee charged for signing a new rental agreement for your property. While getting a new tenant is great, paying this fee EVERY year is not. This is why JWB Property Management signs long term leases.

Long Term Leases for More Profit

We found that signing 2-3 year leases helps lower vacancy and maintenance costs, not to mention saving on new tenant fees. JWB does charge this fee, but our average tenant signs leases over 30 months and we resign over 70% of our renewals, which means you’re not paying this fee every year like you would with other Jacksonville property management companies.

This is why our clients achieve their return expectations!

Want to learn more about investing in rental properties passively? Watch our free webclass and discover the 3 keys that every investor should know before they make their first rental property investment. If you have any questions or if you would like to speak with a member of our team, please fill out the form or give our office a call at (904) 677-6777.

By Gregg Cohen

I am a co-founder at JWB Real Estate Capital, and I love to talk about investing in rental properties! You’ll often find me here contributing to our blog and in our Facebook group connecting with the community & sharing insights.

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