Apt Syndication (MGT Fees)

[Donald DiBuono]

I am working on crafting a business plan around apt syndication. What is a typical management fee (% of rents) that syndicators charge?

[Todd Dexheimer]

Originally posted by @Donald DiBuono:

And that fee would be for managing the property? Is there typically any added fee for creating the syndication and putting together the financing?

If you're going to manage the property, you would be a typical market fee. This is anywhere between 3-8% depending on the property size and location. 

The 2% asset management fee if for managing the property manager, contractors, etc