CAM Fees Included on Calculating Gross Income for PM

CAM Fees Included on Calculating Gross Income for PM

Real Estate Syndication and Property Management · Studio City, CA · Member since 2011 · 48 posts · 71 votes

Anyone know if CAM - Common Area Maintenance fees are included as gross income for purposes of calculating property management fees.  Stated differently, we specialize in residential property management but are getting into commercial properties to manage. If we are charging the owners 6% of gross rents collected for managing their commercial space, does this include CAM fees as part of calculating gross rents?  I'm thinking that it would since my company IS in fact collecting the CAM fees.  Just seeing what others are doing out there, thanks! 

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  • Property Manager · San Diego, CA · Member since 2018 · 7 posts · 1 vote
    8y

    Did you end up charging 6% of gross income, including CAM? I have the same question. 

  • Roanoke, VA · Member since 2014 · 404 posts · 203 votes
    8y
    Karisa K. It’s common in our area to include CAM charges when calculating PM fees.
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