Updated almost 7 years ago on . Most recent reply
What does your property management company charge you?
What does your Property Management company charge you?
Do they mark up the invoice if something happens such as a rehab?
Most Popular Reply
@Jenna Lee
This first months rent at release plus 10% makes management total 18.3% if you lose a tenant after a year on a 1k$/month unit... I don’t see how you can make this pencil with these fees. Unless your tenants last 5 years. But regardless there are plenty of residential managers working for 10% on single fam and 8% on mf so why would you settle for that. Seems more common on commercial props.