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Updated over 5 years ago on . Most recent reply

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13
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3
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Jonathan Measor
  • Rental Property Investor
  • New York, NY
3
Votes |
13
Posts

Typical Property Management Fees in Myrtle Beach SC?

Jonathan Measor
  • Rental Property Investor
  • New York, NY
Posted

What the title says. I'm going be charged 15% for. Single family house which is much higher than the national average. Can't exactly remember where I saw that, right now. Does anyone agree with this amount or am I being scammed?

Most Popular Reply

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854
Posts
506
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Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
Votes |
854
Posts
Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

Even if it's not intended, the antitrust law is strict that people who say something like "standard," "typical" or "average" fee is XYZ could get into trouble. For that reason, I would suggest to look for a property manager and contact them directly and get the feel, as some property managers may be uncomfortable to post here.

As @Pete Schmidt mentioned, I would look for the total fees, not just the management fee.

Soh (Disclaimer: property manager)

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