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Updated over 3 years ago on . Most recent reply

Zander Kempf's profile image
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Zander Kempf
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  • from Honolulu, HI
  • Member since May 1, 2018
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Zander Kempf's profile image
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Zander Kempf
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  • from Honolulu, HI
  • Member since May 1, 2018
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Zander Kempf
  • Developer
  • Honolulu, HI
92
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New Hampshire Real Estate Q&A Discussion Forum

Rate to Pay Property Managers

Zander Kempf
  • Developer
  • Honolulu, HI
Posted

I have 15 units (and counting) across a small handful of properties in New Hampshire. What is a reasonable rate to expect for property management? Both monthly rate and lease up fee?   

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Bill B.'s profile image
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Bill B.
  • #3 1031 Exchanges Contributor
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  • from Las Vegas, NV
  • Member since Aug 3, 2013
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Bill B.
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Bill B.#3 1031 Exchanges Contributor
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  • Las Vegas, NV
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Bill B.#3 1031 Exchanges Contributor
  • Investor
  • Las Vegas, NV
Replied

It’s probably a very local question.  I pay 8% plus a $300 placement commission. Oh yeah. And a stoopid $125 re-leasing fee that makes mad just typing. :-). 

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