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Updated about 7 years ago on . Most recent reply

User Stats

29
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7
Votes
Luke Jackson
  • Rental Property Investor
  • Alexandria, MN
7
Votes |
29
Posts

Non-Management Related Fees

Luke Jackson
  • Rental Property Investor
  • Alexandria, MN
Posted

I've been listening to a lot of property management related podcasts lately to continue to improve.  One thing I found interesting was that a lot of management companies have a significant portion of their income come from fees that aren't part of their management fee rate.  What are fees that you charge to help grow your income?  (Lease renewals, extra keys, lockout, etc.)  Do these fees deter your tenants from renewing leases, or don't they think twice about them? Thank you. 

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