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Updated over 5 years ago, 05/09/2019
Standard Property Management
Hello all"
Ive been looking into a few turnkey companies and I am in the process of vetting one that uses an outside property management company. I''m trying to get a better understanding of their fee structure and what is standard. would anyone be able to provide any insight? Basically, I'd like to know what are standard charges. I understand the percentages might differ across markets, but I'd like to get a rough idea. For example, is it standard for a property management company to charge a 25% fee if a tenant cancels his lease before the term ends? Or to charge the owner an hourly rate for an employee of the company (in addition to the attorney) to appear in court? any and all insight would be greatly appreciated