"Total Costs" of PM fees

[Alex Corral]

I've been researching PM fees in all the different markets I'm looking in. The general PM fee is 10%, which I factor into my monthly fees. However, its apparent that all PM companies also charge a tenant placement fee and lease renewal fee (at minimum). There's also other fees which can be bill-paying fees, inspection fees, after-hour fees, portal setup fees, etc. I've found on average, this bumps your monthly PM fee an extra 5%. How does this affect who you want to use for a PM? Cheapest is not best, but definitely looking for value.