Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

163
Posts
57
Votes
Steven Barr
  • Atlanta, GA
57
Votes |
163
Posts

Do you pay finder's fees to your management company?

Steven Barr
  • Atlanta, GA
Posted

Is it common for a management company to charge a "finder's fee" equal to first month's rent for every new tenant they place in your property?

With a force appreciation strategy (like raising rents heavily over the course of a year and then selling quickly), I feel like there will be a lot of turnover, and then it makes it impossible to service the debt for that 1 month that there is no rental income. I realize not all the leases end at the same time, but still seems like it would make this strategy difficult 

Thanks for the input!

Loading replies...