Rental Property Investor · Auburn, ME · Member since 2015 · 36 posts · 23 votes
I am currently working on my own rental property analysis spreadsheet. I've been looking at working examples out there and it looks like the property management % does not pull from other income such as laundry, vending, parking, etc.
Rental Property Investor · Providence, RI · Member since 2015 · 1k+ posts · 594 votes
8y
It will be a percentage of whatever they collect each month typically. Hard to answer your question unless you get more specific regarding what the other income is.
Rental Property Investor · Providence, RI · Member since 2015 · 1k+ posts · 594 votes
8y
It will be a percentage of whatever they collect each month typically. Hard to answer your question unless you get more specific regarding what the other income is.
Rental Property Investor · Brattleboro, VT · Member since 2015 · 204 posts · 174 votes
8y
Eric,
I'm sure that would be specific to the property management company you choice. I can tell you that with the bigger pockets calculators "other income" doesn't factor into the equation when calculating property management fees based on a percentage of monthly income, and I would imagine this would be the standard in the property management world.