New Rental property investor

[Koneru Padmaja]

Hi I am a new rental property investor ( more to diversify), I learned a lot from this website. My property management company seems find way to add extra fees every year.

What does property management cover?

I am paying 60 % of one month rent to find a new renter.

Do they charge extra such as photography fees or for premium websites such as Zillow?
They want to charge 99 dollars for each quarter inspection visit.

If the resident want to buy the property during or 2 years after contact they want to get paid 6% broker fees

Management fees is 10%, for 4 properties it is 9%

Any repairs they markup 10%.

We are new to rental property investors, are these charges customary?

Thanks.