Starting a Management Company

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Hi- so two people have asked my fiance and I to manage their properties. We absolutely want to pursue this. Can u give us some input into what we should be charging? So far we have the 1st months rent, and 8% of the monthly rent per month. However we are not sure what services this fee should cover. Do we provide a fee schedule for service? And what additional fees should we be considering, in addition to what we're charging? Any input is welcomed.

What are the laws in your state. In Oklahoma a person has to be a licensed broker to manage property.

What do you know about the process?

No experience, no work?
Learn the business somewhere.