Consumption and Real Estate
How much will a property mgmt co charge to run my 2 duplexes?
Question : How much will a property mgmt co charge to run my 2 duplexes?
Is it a percentage of the rents? (Each duplex has 2, 2br apts in it.)
Do provided services vary by co., or are they all pretty much the same?
Thanks….
property mgmt
Best answer:
Answer by golferwhoworks
% of rents. Yes they vary from co. to co. so interview a few
It’s somewhat negotiable. For example they will charge one fee for finding a tenant. This can be as much as 1 month’s rent. There is a lesser fee for collecting rent and managing the units. We charge 10% of the monthly rent. You may think the fee for finding a tenant is high, but most management companies work with other Realtors so they have to pay a reasonable fee for someone else to find a tenant.
realtor.sailor