Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

31
Posts
4
Votes
Fred Maul
  • Stavanger, AE
4
Votes |
31
Posts

Need OKC Property Management recommendation

Fred Maul
  • Stavanger, AE
Posted

My property manager retired and sold my account to Leria Group. Leria Group, while bigger, has been only a marginal property manager. Several months after the fact they send us a contract with a 12% rate and $50/month vacancy rate.

12% is ridiculous. I have an SFR in Norman, OK that always rents and the families pay on time. I've never heard of getting charged $50/month for an empty house. That's like rewarding failure.

I read another thread where I see that 7-10% is still the norm and 12% is for labor intensive properties.

Any help or recommendations would be greatly appreciated.

Loading replies...