Rate to Pay Property Managers
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.
#2 Buying & Selling Real Estate Contributor
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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. :-).