Usually rental investors face a difficult choice - do everything themselves: find and screen tenants, collect rent, manage repairs, conduct annual inspections, etc., or fork over a significant portion of their return to a full service property manager.
There are certainly many situations where a full service property manager makes sense, but this level of service comes at a steep price - often 8-12% of the monthly rental value. On a single-family home rented at $1200/month with an 8% property management fee, an investor would pay a total of $1152/year in fees. Despite the high cost, many investors simply don't have the time to manage their own properties.
AKB offers a third option that is perfect for lower maintenance properties. For $10/month for a single property or as little as $5/month for multiple properties, AKB will collect rent payments via bank draft or mailed checks and remit these payments elecronically to an investor or investors automatically each month. AKB can also take repair calls from tenants and arrange for repair by a local service provider pre-approved by landlords, conduct annual property inspections, and handle administrative paperwork on an as-needed basis with transparent per-use fees: $25 to collect and verify paperwork, $50 to manage a repair from start to finish, and $100 for an annual inspection.
If the same single-family rental above required one visit from a plumber ($50), one from an electrician ($50), and one annual property inspection ($100), plus 12 months of automatic rent processing ($120) they would pay only $320 - nearly 75% less than a typical full service property manager. We are not a full service property manager and don't pretend to be, but for rentals that aren't hard to fill and don't require significant management we can do 75% of the work and let you keep 75% of the money.
OWNER-FINANCED SALE Payment Processing & Escrow administration
Multi-Investor Payment Processing
SELF-DIRECTED IRA / HSA Third Party Administration
Direct real estate investments through a self-directed IRA or HSA are a great way to diversify a retirement portfolio, seek greater returns, or protect yourself against stock market downturns. But the rules for these types of accounts are strict, and even a small mistake can lead to large tax liabilities. We specialize in handling payment processing and