Handyman/ Property Management Fee or Monthly
Hello all. I have a contractor that is the handyman, he cuts grass, handles all repair or maintenance issues with tenants, he is basically on call 24/7. He makes sure the tenants are in line with outside appearance and such. He just doesn’t do the leasing aspect. I have a leasinng agent that does that. They get half of the first months rent. Would the handyman get 8% of effective gross or should it be only a fee when he is called out to the property. We are talking about 5 and 6 units here.
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@Robert Gunby with that small of a property...I would make sure the PM handles that part and its included with their fee to manage those aspects. The handyman would only be paid per project to come out and this again would be handled by the PM.