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Updated over 8 years ago on . Most recent reply

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Derek Worsley
  • Investor
  • Indianapolis, IN
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Analyzing deal- property management

Derek Worsley
  • Investor
  • Indianapolis, IN
Posted
Quick question. Running the numbers on duplex and budgeting in 10% for Property management. Do property management companies charge you per unit or total for the property? Thanks in advance

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Robert Gilstrap
  • Residential Real Estate Broker
  • Cartersville, GA
581
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575
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Robert Gilstrap
  • Residential Real Estate Broker
  • Cartersville, GA
Replied

PM services are almost universally priced by the door/lease. So a duplex is 2 doors, a triplex is three, etc. Factor leasing fee up to one months rent and monthly mgmt fee from 6-10% depending on area. 

  • Robert Gilstrap
  • [email protected]
  • 770-480-7301
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