Property Manager · Lehi, UT · Member since 2013 · 45 posts · 2 votes
Hello everyone! I am a property management guru looking to expand my knowledge about all things regarding making $ in real estate. I have found property management is a great way to make a stable income, as well as give you the "inside-scoop" with investors, etc...great for building and augmenting a brokerage business. Cheers!
thanks for the welcome guys. George, to answer your question, 10% is a good starting point. However, every situation is unique. Competition, client services, etc..all play a factor. A lower management fee is do-able if the property owner is going to be a great client. The fees also vary depending on the area, and the track record of similar properties. Are you a property manager yourself? Where in Michigan? Cheers.